If you stare anxiously at the red number, willing the ‘suspended’ sign to appear for a goal, then you are at least partly being controlled by fear of loss.

It was interesting to read some of the comments in the trading chat room during the Europa League matches last night. In the absence of Steve & Kevin there were some excellent suggestions from the members for in-play trades, particularly in the second half. The two popular strategies were LTD (lay the draw) and SH15 (Second Half 1.5 Goals) and with plenty at stake in the last group games it was no surprise when the goals started to come. Now, when trading LTD and SH15 there is always a dilemma after the first goal – namely, do I: (1) Trade out, i.e. exit the trade and leave equal profit on each outcome; (2) Hedge my bet, i.e. my worst case becomes scratch, whereas my desired outcome means a nice profit; (3) Let the trade run, i.e. leave all my potential profit on the desired outcome and accept the loss if it doesn’t work out. Personally my decision is based on my current position in the trading session. If I’m running at a loss for the session I will trade out and take the green. If I’m nicely in profit I will usually hedge. If I’m having a big evening, i.e. … Read more

A couple of weeks a go I had to stop to ask myself WHY I was trading football, the reasoning behind it and what I really wanted to achieve.

This is the most valuable lesson that Goal Profits has taught me. Here are some tips to help you avoid the mistakes I made when I started football trading.

This is how I went from Betfair lemming to ex-lemming! Whether I have cracked this trading game or not, I’m having fun and finally making a profit.

Due to poor discipline, it’s fair to say I’ve had my share of ‘Sunday League’ moments during my football trades. Here’s some ideas to stop it happening to you.

Trading fewer football matches makes more profit and takes up less of your precious time. Here’s the proof that less is more when it comes to football trading.