Subject: A few losses does not mean your strategy is broken

Most Betfair traders do not fear bad strategies.

They fear losing runs.


A few trades lose.
Confidence drops.
Doubt creeps in.


And before long, they are changing strategy, switching approach, or giving up on something that may have been profitable over the long run.


That is where variance comes in.


In this new video, I break down why variance is such a big part of Betfair trading and why it is not something to be feared.


I cover why good strategies can still lose in the short term, why bad runs do not always mean something is wrong, and how the best traders stay calm while everyone else is panicking.


If you have ever questioned a strategy after a rough patch, you need to watch this: https://youtu.be/PRO1NA2y4J4


Or listen to the podcast here: https://www.buzzsprout.com/1516057/episodes/18867792


Once you understand variance properly, you stop reacting emotionally to every result and start thinking more like a trader.


Martin


Powered by:
GetResponse