Pre Match Trading Message to Members
Pete Nordsted
Helping People to become Proficient & Profitable Sports Traders | Author of Mastering Betfair
I just want to highlight the prematch trading of which the detailed results can be found HERE
Looking at the results since the 31st of August up to 09 November 2024
I have advised 26 Trades of which 14 have been successful and 12 have not. However, thanks to the disciplined use of the stop loss, if you would have kept the profit/loss on the favourite you would be 84pts in profit and after equalising the profit/loss you would be 78 pts up.
So, in other words if you were putting £1000 into the market moving at £10 a tick you would be up £840 or £780. This is after risking between £20 to £30 a trade.
Now I try to be consistent when advising these trades to members and the video generally goes up around 8 am on the morning of the match.
I generally do these videos when we have Premier League games or on the Champions League days.
You may also have noticed that I highlight on a weekend we see some exceptionally good moves around the 4.00 am to 5.00 am time when the money from Asia is starting to take effect.
Now I am quite happy to continue doing these videos and advise trades as that is part of the service that we provide.
However, there are some obvious disadvantages to just following myself. For example, you may not see the advice for an hour and by which time the price may already have moved.
The reason I post the videos is it gives you a good foundation into knowing what you are looking for and in truth you can probably find a decent looking trade at any time of the day.
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Keen for Members to do this themselves
I must reiterate again that trading the prematch markets is probably the best way of making money on the exchanges and I am very keen that members learn to do this themselves.
In the Prematch football room we tend to get very few people commenting or putting forward ideas. I can understand this as putting your neck on the line can be daunting especially when you have not done it before.
Also new traders can be very hesitant to put money in the market worried that they will be wrong. However, as you can see from the results, I was wrong 12 times out of 26 but thanks to the stop loss, the 14 times I was right enabled us to secure a healthy profit.
I therefore propose that I set up a private room where members can suggest trades and we can discuss them. Now obviously I may not be by a computer at that time however I can still give advice on whether this is a good-looking trade or not.
I want to create an environment where members are putting ideas or trades forward and acting on them. I can almost guarantee that anyone who does this over a 6-month period will become a competent pre match trader.
All I ask is that you be active and participate in the conversation.
If you would like to take part in this please email me at [email protected]
Again, I reiterate this is more for the member that wants to learn how to trade the prematch markets and is prepared to put forward their own trades & ideas.