I've been actively using Betfair since 7th July 2014. I've experienced the highs and the lows of it. I've traded Football, Horse racing, Tennis and Rugby League. The potential is unreal but getting consistency is key. It's a mental state of mind, I'm convinced of it. If I'm not in the right frame of mind then it all goes tits up.
I've decided to start this blog to record my betfair trading activity, a way of being accountable and something to look back on.
As of tomorrow (23/10/14) I'm starting with a £200 bank and my daily aim is to increase it by 2.5%.
£200/0.975 = £205.13 or £5.13 profit for day 1.
I'm going to focus on pre horse race trading (MENTAL NOTE "DO NOT GO IN PLAY TAKE A SMALL LOSS IT'S OK" :) ), this is work permitting as I have a full time job. I'll also trade Football in the evenings. I've decided Tennis isn't for me, I've been burnt to many times trading it but that's another story.
Well I'm off to bed now and tomorrow the journey begins... The Beginning.
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