Busy Week Trading on Betfair…

This last week has been a really busy one for me—apologies for the lack of updates!

With the recent scheduling tipping into the evenings, I’ve been pretty tied up in the markets. In recent years, I’ve developed a somewhat sloppy habit of knocking off early to head down to the beer garden. I’m sure there’s still plenty of time for that this year, but I’ve made a deliberate effort not to give in just yet. Once it takes hold and the summer is in full swing, it becomes even harder, so I’m putting in some extra graft now! It’s been paying off too, which is always nice.

I often feel that, at this time of year, it’s like someone flips a switch and the markets trade so much easier. Why that is, I’m not entirely sure, but I’m certainly not complaining! I think the early evening racing markets seem to trade a bit truer—possibly because the real big traders and market forces stop for the day? Again, I’m not too sure why, but there is definitely a noticeable change for one reason or another. Has anyone else noticed this?

I also had my son last week, which is something I always look forward to. A bit of time away from the markets gave me a chance to reflect. It’s crazy how something I started dabbling in all that time ago has been so life-changing. When I think about it, just about everything has changed! Change can be tough at times, but when a few things fall into place, it’s nowhere near as scary.

Just last week, I was speaking to Andy Fuller on Skype (a previous full-time Betfair trader who stopped trading due to PC3). He suggested a book I might enjoy. It’s a small one and open to interpretation: Who Moved My Cheese? by Dr. Spencer Johnson.

Not sure if I’ll find a lot of use for it at this stage, mainly because I think I’ve already had most of the realisations it talks about over the last few years. But I’d recommend it to anyone who isn’t so keen on change (which, let’s be honest, is most of us).

If anyone has any really good reading recommendations, please let me know…

I’ll update with some longer posts later in the week. Until then, keep it green!

Related: 3 Horse Racing Trading Strategies for Betfair Exchange