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« Friday 5th January 2007 | Main | Sunday 7th January 2007 »

Comments

Damian

Hi Ray,
Thanks for the recent comment on my blog. Looks like you had a great days trading, hope it continues for you throughout 2007.
Just a question though, do you have a certain banking strategy, or do you withdraw your profits daily and top up if you have a losing day?
Sorry if you have mentioned it elsewhere in the blog, couldnt see it.
Cheers
Damian

ASA

Hi Ray! Congratulations on your great win yesterday and hope that continues! It seems that you make more money on horse racing then on soccer matches.I don't know anything about racing, but is it a more predictable sport then soccer? And will I have to read about form/stamina/training/etc if I'd like to start trading/gambling on horse racing?

I had a profitable day too, but must have made a lot more.Anyway, I'm testing about 10 soccer trading plans and will explain them in a post in 5-6 hours from now.

Kind regards.

Ray

Hi Damian,
I work my bank in a different way to most as I started with £200 and have never put any more in. I tend to just take out £2000 / month to cover my living expenses and leave the rest accumalting in my account. It's amazing the level of comfort I get now that my bank is quite big. I never use more than 10% of my bank even on a sure thing but my average stake will be less than half a percent of my bank. Good Luck.
Ray

Ray

Hi ASA,
I do make more money on the UK horse racing than any other sport. I think it is the fact that horse racing is a lot less predictable that I make more money. I know quite a lot about racing now but I rarely look at form, all I am looking at is the actual race that is running and let my eyes and instinct take over from any preconceived ideas I might have about a horses form. To trade horses the essential requirements are: live pictures; fast internet connection; fast computer set up and lightening quick reflexes. My football trading is totally different as I try to stick to a srtategy and it is all to do with time and value. Good Luck with your trading.
Ray

shawn

hi Ray... nice to hear u winning again... just a few questions which i hpe to hear ur advise...
Firstly what do u think of the IRIS ? is it worth it to sign up? i cant access live pictures to horses because i am from other country so thought of signing up the IRIS and try can make money from it anot.
Secondly, do u know of any websites to horses about form, tips and stuff other than Racing Post???
thanks

gary

do you find sky fast enough or do you have sis.

Mark

Hi Ray,

Nice to see you've had a great start to the year - well done!

It must be question day as I'd like to ask you how do you decide what stakes use?

I notice that your trades vary in size quite dramatically - is this becaus not all of your stake was matched?

Thanks!

Mark

Ray

Hi Shawn,
Thanks for your comments. I like IRIS a lot, but it, like all new systems, does take a bit of getting used to. In your situation, with no live pictures, I would say it would be perfect. You do not need live pictures when you have IRIS giving you real time information. You only have to pay for a day at a time so you have nothing to lose by giving at go. I would say you will need to keep to low stakes for the first few days, just until you get used to it. I would advise clicking on the STW link on my page and signing up for free to their forum, here you will learn a lot about IRIS before you take the plunge.
As fas as form etc there is http://sportinglife.co.uk and also give http://www.attheraces.com a try. other useful sites are, http://www.adrianmassey.com and http://www.timeform.com/ you could also click the two links on my blog, Learn the best betting strategies and Elite Betting club, they both look at all the types of information you will need.
Good Luck
Ray

Ray

Hi Gary,
As you will see from yesterday's trading most of my races were on Channel 4 and my big one at Lingfield was on ATRxtra. Sky isn't as good as SIS for sure but Terrestrial TV is as good as SIS. I have looked at setting myself up with sky at home but have not taken the plunge yet. I also looked at setting up an exchange shop in Glasgow with 12 workstations SIS one click software etc, and talked about it on forums but there does not appear to be a decent level of interest for it at the moment.
Ray

Ray

Hi Mark,
Thanks for your comments. My staking does appear to be eratic. You are partially right in that the quickest trade I can make is to have a trade set up in anticipation of an event happening in which case I only have one click on the submit button and the bet is away. When doing this it really is pot luck as to how much gets matched. The next quickest way is to take a stake that is on offer which takes two clicks and the offers will vary in size greatly. The big one I got yesterday I had tried to take all that was on offer at the price which was £1500, somebody else beat me to a little bit of it. I hope this helps and good luck.
Ray

Russ Wiseman

Ray

Belated Happy New Year. Hope all is going well. I will be putting together a day at the races late jan fot fellow bloggers and trading characters. Hope you will be able to make it but in the meantime keep up the good work.

Russ
Betdaq

Ray

Hi Russ,
Happy New Year to you too. I see you have been busy going to all those race metings. Hopefully I will make it later this month, it would be good to meet up with you and some fellow traders etc.
Ray

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