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

Trading carried on in a similar vein as yesterday. Managing to take good early positions and close out quickly. A few times the money went away from me I was sitting on the right side of it for once. Makes a change but I think these things even themselves out overall. My biggest loss on the day was a £4 bet I put on for a mate (he'll be coughing up later!) The interesting thing with that race is I tried trading it and ended up with 0. There were 2 horses that had a personal reference to him and neither came in the top 4.

I'm not trading the evening races today, as I am far too tired. I've learned from previous bitter experience that trading whilst tired is a recipe for disaster. Not only are you not in any good positions but your reactions become much slower and you're not as ready to change your opinion on what is good value. Better to be safe and sorry whilst the bank is growing. The main aim is to grow in confidence to continue to exit bad positions and keep taking good positions. All other times just be patient and WAIT!