Betfair Traders Den

    Effectively immediately the new home of Betfair Traders Den will be:

http://betfairtradersden.blogspot.com/

Please come on over and join us!

See you there.

    Well hello everyone! After a lengthy absence due to some health issues and hospital stays, I am happy to say I am well on the road to recovery and so I can dive back into trading full steam ahead!

I've pretty much decided on Bet Trader Professional now as my primary trading software tool. The more I use it the more I like it. Once you learn all of the many features it has it will certainly give you an edge in your trading activities. I may give Bet Angel a go at some point but as of now I'm very happy with Bet Trader Pro.

Interested in taking a look at Bet Trader Pro? Check it out here:

www.racingtraders.com

The past week I've been looking closely at the NHL Regulation Time Goals (over/under) markets and have been having a fair bit of success. Being Canadian, NHL hockey is my first love so I follow it quite closely and have been able to find some very nice plays in this market that have been profitable.

My New Years resolution for 2008 is DISCIPLINE! I really want to turn this trading hobby into a nice second income....and with any luck somewhere down the road a full time income (but I will be happy to supplement my day job for now).....so I must focus on discipline. I have to remind myself I'm not gambling anymore, I'm investing.... I have set  profit goals for myself by quarter, i.e: March, June, September, and December. I intend to document my progress here as well.

Well, time to start having a look at the days markets....Anyone intending to trade the NHL or NBA markets today should keep in mind there are afternoon games scheduled due to an American holiday.

Best of luck everyone ....see you next time!

Well for seasoned traders it's probably not such a big deal, however for me, a trading rookie, to successfully get my first GREEN SCREEN no risk trade is quite a thrill. Nothing better than locking in a profit no matter what the outcome!

Been having a good deal of success trading in-play NHL hockey the last couple of days.

Until next time.......

Well folks I said I was going to be doing more educating than trading to begin with, so that explains my lengthy absence. In addition to reading everything I can on trading I have been looking at a soccer betting system that I stumbled across. I have been doing paper trades to this point which turned out very well, so today I jumped in with real money and the system went a very nice 3-0 on the following fixtures:

Aston Villa @ Reading
Blackburn @ Everton
Real Madrid @ Real Sociedad

For a nice profit of $144 for the day.

Obviously this system needs more testing but early results look very promising!

Thats all for today...stay tuned as I hope to being updating this blog more frequently now.

Best of luck!

Hi everyone and welcome to my trading blog!
While I'm no stranger to traditional point spread wagering, I am new to exchange trading so most of my early activities will be devoted to learning.

As well as journaling my trading activities here, I intend to discuss all related topics; software, books, systems, arbitrage, etc. So hopefully you'll find these entries interesting if nothing else.

-- May All Your Trades Be Good Ones!