Wednesday, August 12, 2009

Trade-2-1K on Betfair

Hi, my name is Gregg.



This is a blog that I have decided to write to help myself.

I have attempted to trade on Betfair for years now, making money and then giving it back. Operating just under break even for years, the lack of discipline has prevented me from moving forward.



This blog is an attempt to overcome this habit. By forcing myself to publish results and achievements, I am driving the lack of discipline out of my trading.



I encourage you to comment and offer your opinions.



The Challenge



To Turn €137.69 into €1,000 in 90 trading days.



Many of you are saying what? €137.69 - who cares?



Well I do! I don't have 1,2,5 or 10k to start trading. I don't have that luxury. My intention is to build a trading bank from scratch, while learning the trading process.



I don't trade during the working day, I work.

I have a young family that I will spend as much of my time with as possible.

I don't have lots of time to dedicate to trading.



Am I unique for betfair traders?



How many on betfair are like me? I am part of the 99% who don't make money as we cannot dedicate the resources or time to trading to allow success.



This blog is to focus my time and my money to achieve success on Betfair.



Trading will start on Monday the 17th Aug 09.



In the next post I will talk about milestones on the way to the magic €1,000.



Remember - "The impossible we can do now, miracles take a little longer"

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