The Scalper

Tuesday, December 12, 2006 Issue 1   VOLUME 1 ISSUE 1  
CONTENTS
Letter from the Editor
10 Common Mistakes Made by New Traders
Tips on Using the Scratch Trade
Traders Pay Less Commission
7 Reasons Why Scalping is Better than In Play Trading
BetTrader PRO Tool Feature: Price Chaser
Newlyweds!
Competition Winners for December!
Letter from the Editor
http://www.racingtraders.com/about.htm
by Adam Todd

My last 5 minutes as a single man last month! Welcome to the very first issue of The Scalper, the only UK newsletter about betting on horses that is not interested in horseracing or gambling...
>> Read More
 
10 Common Mistakes Made by New Traders

1. Predicting and trading in different timescales
2. Not getting out instantly
3. Not doing scratch trades
4. Letting losing trades ride as bets
5. Reading form and watching racing
6. Wanting to enjoy the racing
7. Over thinking their trades
8. They don’t use BetTrader PRO!
9. Get distracted during races
10. Wanting a profit of a predetermined size
>> Read More
 

Tips on Using the Scratch Trade
The scratch trade is probably the single most important key to success in short term scalping of the UK horseracing markets on Betfair...
>> Read More
 
Traders Pay Less Commission
Betfair’s commission structure greatly favours price scalpers who make small, consistent profits over those that gamble on the result of the race...
>> Read More
 
7 Reasons Why Scalping is Better than In Play Trading
1. It is based on pure supply and demand
2. Pre-race trading is less volatile allowing for bigger stakes
3. It is consistent enough to make a living from
4. There is no five second delay on bet submissions
5. There is no need to watch delayed pictures on TV
6. Knowing nothing about horseracing is an advantage
7. Watching sports can be boring
>> Read More
 
BetTrader PRO Tool Feature: Price Chaser
http://www.racingtraders.com/Betfair-Trading-Tools...

The price Chaser tool is a tool that you can either add on to another tool order or add on to an unmatched bet...
>> Read More
 
Newlyweds!
Whew...we did it!! Last month was definitely a landmark for me as I said farewell to my single days and married the girl of my dreams, Jennifer...
>> Read More
 
Competition Winners for December!
The winner of this month’s competition for free minutes is Paul Sullivan. He wins Unlimited Minutes for a month starting from December 11th.

And because we’re such nice people here at RacingTraders we decided to give away 3 extra prizes of 1000 minutes each to John Clayton, Giorgios Siranastasis and Garrett Ryan.

Thanks to everyone for entering, the names were picked by my mouse pointer with my eyes closed because I couldn’t be arsed writing everyone’s name on a piece of paper and borrowing someone’s hat.
 
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Published by Adam from RacingTraders.com
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