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E53 - Professional Betfair Trader

Business of Betting Podcast

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How to Maintain Discipline in Trading

I'm quite risk-averse compared to how some other people trade because it's like betting there's many different ways to skin a cat. So do you ever not trade out or have two sides of the same bet? No, I do trade out. I continually trade out. That's my approach. There's arbitrage going on everywhere 24, 7, 365. It's part of what makes the markets efficient. You can't really avoid it. And discipline is a tricky thing no matter what you're doing in life but if you don't maintain it then the markets will consume you there and then. Knowing what you are doing obviously massively helps without a doubt. But beyond that there

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