Firedave trading Betfair with Bet Angel

Documenting my experiences with Bet Angel using BetFair. This will be used to record my progress as I take trading on full time.

Bet Angel - The most effective tool for Betfair
Mar 26, 2010

Australian Grand Prix

McLaren managed to predict the weather conditions to record the fastest practice sessions. This normally worries me as the fastest in practice tends not to be the winner of the race - Hamilton must still have had his racing shoes on when leaving the track as he managed to get his road car impounded!

Trading today was okay, managed a good P&L but still let a couple of ugly positions run a little too long. I need to figure out a good way of managing multiple trades at once. For example, looking at my What is trading post I go through an example of a single trade. Often though I have many trades waiting to be picked up, and if these go wrong then I need to be more ready to cut the loss.  If too quick though, the trending pattern often returns to the position and any profits can be cut.


Marek said...

didn't went that well for hamilton, did it? kubica was second though! ;)

Good luck with trading this week!