E47 - The Evolution of Trading
Business of Betting Podcast
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The Importance of Hindsight in Trading
All of the money that you'll ever make from trading will come from anticipating that something is about to happen. So if I'm looking at a race in the UK this evening I could tell you roughly how I think it's going to trade and when that money will arrive and what it's likely to do but only when I arrive at that market will I be able to confirm if that view is correct. So I already know what I think it’s going to do but when I approach the market I'll be looking at confirmation of that.
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