AMA#2 - Ryan Answering Your Q's
Want to add your question for the next episode? >>Click here<< Hedging Calculator >>Click here<<What is your name? (Leave blank if you want to remain annoynmous) | What are you struggling with when its comes to trading? (The more detailed you are the better your answer will be) | Bonus Q - Is there anything else you want to ask me?Looking at too many strategies and moving from one to another. I know your views on starting with one, mastering it then trying another, and it all makes sense. When you were successful at laying horses, did you target favs, place market or outsiders, or did you differ from race to race. With my job at the moment I am home in time for the racing but have no time before it starts to study form . I know about different variables in racing. Do you look at going, dist, left hand or right hand track to make your lays? Sorry it's a bit long winded Trading vs Betting! I'm guessing there's a grey area? But what defines a trade, a bet & a gamble? Bookies are contently telling us not to chase? Could it be that they are being honest about why?Getting started. Watched all BTC vids and loved them. All clear and concise. I think it's because I've been a losing punter for so long it's hard to change even though it makes sense. What I plan to do is cut out all the betting and start with some set and forget strategies as I decide which trading strategy suits my free time and lifestyle. I am guilty of chopping and changing when something doesn't immediately work so am trying to retrain myself. My mentality and discipline When I'm recording my results and I'm putting my ROI in for a laying strategy do I work it out on my stake or my liability?See in back to lay , if I back a horse for £2 at say odds of 5 and the price drops to 2.5 say, how do I know how much to lay it at? If I just do the same £2 then unless it goes in to win I haven't gained (or lost) anything? I am thimking of becoming a member as i want to like no doubt lots others od this for a living. How much capital is needed realistically What ROI is.posisble? Timescales? How do i get strategies? Can you coach me 1 to 1, fees would be required i understand? I work hard so i would put the hours and effort in which obvisouly is required like any job, i currently work 60 hours a week. Love to hear your thoughts on analysing your results, in particular your losses. Not wanting to throw the baby out with the bath water or anything but what's your approach to trends on your results? Questions about my back the fave one tick recycle strategy Horse Racing Software stats Q's When /if at all are you going to get back testing for football working?I bought some betfair data a while back and never did anything with it. Not sure how you're system works but I'm happy to "donate" it to you if it will help improve the system at all? I'm only really interested in full automation. I can probably build something around your software that works but I think it would be trivial for you guys to do it yourself, integrating with bfbotmanager. All you would need would be to host a URL with a users picks according to strategies they have selected and feed that url into BFBM. The user would then programme the strategy into BFBM (as is currently the case). So the only missing step is auto feeding the selections into it, which as I say should in theory be very easy for you guys to set up your end. Happy to discuss this further if you need any more input. I'm a dev so can help out as needed /best I can.Support the show