Coaching…

Hey All,

Since Goodwood and throughout this week of York, I’ve received a large number of emails from people asking for help and advice. As I’ve mentioned throughout this blog, there’s been some very useful information and opinions shared here, but unfortunately, many seem unwilling to put in the effort to read through and unravel them. Consequently, they lack even a basic understanding of what’s going on.

While I genuinely like to help, I must admit that it has cost me thousands of hours over the last two years and a lot of stress to uncover the truths about the markets and develop the best mental approach for myself. With the decrease in evening racing looming, I’ve decided to offer some one-on-one coaching.

Naturally, I’m not willing to offer this service too cheaply, but you have to consider what you’re getting in return. After all, what price do you put on learning something that could bring you daily profits for as long as betting exchanges exist?

So, how would it work, and what do I feel I can offer? Ideally, I would travel to the individual requiring help, spend the afternoon trading with them on their setup, make any necessary adjustments, and explain why. I’d elucidate the market dynamics in all situations, showing why certain things happen and how to capitalize on them, as well as when to get involved and when not to. I’d also go through staking options and how they can affect different situations.

I’d observe them trading, assess recent results, and generally figure out how trading fits into their lifestyle to tailor the best outcome for them. After this initial session, I’d offer additional help online via Skype/Phone to maintain growth and confidence weekly for four weeks initially, with the possibility of extending if needed.

Before my current job, I spent nearly five years as an instructor and have always had a knack for explaining things, probably due to my over-analytical mind. It would be a great achievement for me to bring somebody who is just about struggling to make a profit to a level where they can consistently make up to £100 most days/evenings they trade.

At this stage, I’m not sure how many individuals I would want to do this for, as it’s likely to decrease my edge in the market over time since I wouldn’t be holding anything back. Probably only for a few people as a side project.

What I’m offering here is very unique, and how long it lasts, I don’t know for the reasons I’ve mentioned.

If you’re interested and would like to share your current trading situation with me via email, I’m more than happy to get back to you to find out more and make arrangements. However, I wouldn’t attempt to take on anyone I don’t think I could help.

Today, Saturday

I wasn’t so keen on today as Saturdays are rarely the best day of the week for me other than during the really big meetings. However, despite the recent dip in liquidity, today felt rather ‘fair’, I’d say. Part of it may have been me being less aggressive than usual, but just pondering along and taking the opportunities as they were presented worked out well for two hours. Upon reflection, for the small number of races, it wasn’t all that bad at all! Consistency won the day, as always, with a couple of half-decent races in there.

And now to enjoy the rest of the weekend!

Update: Thought I’d do a couple more races while I had some food, and then the bomber turned up!! Well, for a few races anyway. Happy days and many thanks to the big man!!

6 thoughts on “Coaching…

  1. Me again, and I thought you might be the bomber.

    Was trading “virtually” using the to with a €200 bank yesterday. The bomber really helped, 4/5 races turned €200 to €260 using €2 book profit per tick.

    In your experience does “virtual” success translate into real profits when real cash is down ? The main difference yesterday was I used a stop loss and didn’t just stare at the ladder when the prices went against me. I presume your “stop loss” is innate and not computer generated.

  2. Hey, i havent really used the virtual tool to be honest mate although with the bomber i would of thought it would be pretty much the same due to the lumps! … my stoploss is where i decide, depending on what i think is happening.

    Good luck!

  3. Any idea of the likely costs and if you’d be prepared to do it via skype/remote desktop etc as I’m probably miles from where you live?

    Thanks

  4. Hi Caan. Looks like you’ve got it by the short and curlies! Very nice effort indeed. I’ve just introduced some pre-race trading into my armoury and managed to win £9.00 on Tuesday and £11.42 yesterday … so watch out here I come!! Keep cracking on … Dave.

    PS What sort of stakes are you using to generate that amount of profit? I’m currently on £115 a click for the I/R but I’d imagine that I’d have to up this a fair bit to make it worthwhile in the pre-race market??

    PPS Don’t forget to leave some for Jack!

  5. Hey Dave. Ye seems like its going well although on the poor quality racing now especially the AW in the evening it can be a bit hit and miss, get it right and its good get it wrong and it hurts :s maybe its time of year to tone it down a little in regards there.

    Nice.. if your doing IR i dont see why a bit of PR cant top you up 😉 Might even come from the dark side haha!
    It all depends really stakes wise mate, some races ill put thousands through and make eff all, but on others its almost the opposite.. to turn the results shown is pretty much between £100 and £500 generally going up to £1000 when the times right…. to get over £30 in a race i find i need to get quite alot through and out the other side though.

    lol jack’ll be fine im sure, he’s pretty much eaten all the cake anyway haha

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