The 80/20 Rule And How It Can Be Applied To Football Trading

The 80/20 rule, commonly referred to as the Pareto Principle, asserts that approximately 80% of the effects are derived from 20% of the causes. This principle can be observed in various contexts, such as running an online e-commerce store where 80% of profits may originate from just 20% of the products.

Similarly, in terms of productivity, it is often observed that 80% of output is generated by 20% of input or labour. The applications of this principle can be extended to diverse domains, including football trading and betting.

In the context of football trading and betting, the 80/20 rule suggests that a significant portion of your profits or successful outcomes will come from a small percentage of your trades or bets. This means that a small number of favorable situations or selections will generate most of your profits, while the majority may result in losses or marginal gains.

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The Coin Flip Analogy: The Mental Side Of Betting And Trading

In the world of gambling and financial trading, making consistent profits is the ultimate goal. To achieve this, professionals often employ various strategies and tactics, but one often overlooked aspect is the mental side of betting and trading.

Understanding the psychology behind decision-making and embracing a long-term perspective can significantly improve one’s chances of success. A simple coin flip serves as an insightful analogy, reminding us to view bets and trades as part of a larger sequence rather than isolated events.

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Are You Avoiding Pain?

One of the primary reasons that the vast majority of traders fail is that they are constantly looking to avoid pain.

But what do I mean by ‘avoiding pain’?

You may remember that I have spoken a lot in my previous articles about cutting losses early and letting winning trades run and this is where the ‘pain’ element comes in.

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5K Challenge Review – Sarpsborg 1 – 2 Molde (Profit +1.495 pts)

This is the first of many reports that I will be publishing where I will give you a detailed overview of the selections I have traded.

I won’t have time to do it for all of my selections but will pick the odd one or two each week.

Hopefully, it will give you a better insight into how I trade my selections and help develop your own trading skills.

As you will see, I am by no means perfect. I make mistakes. Sometimes I enter my trades a little too early, exit too late (or in some cases too early) and generally screw up from time to time. I am human after all!

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What Are The Best Leagues For Summer Football Trading?

With the Winter football leagues drawing to a close in May, I thought it would be good to give you the lowdown on what I believe to be some of the best leagues for football trading over the summer months.

During the winter months, I primarily focus on a number of leagues which are the English Premier League, Italian Serie A and the German Bundesliga. Another favourite of mine is the German Bundesliga 2.

The reason for this is that these are the leagues that year after year, consistently produce the most goals per game.

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Why 95% Of Football Traders Lose And How You Can Avoid Joining Them

It’s a well-known fact that around 95% of football traders lose long term.

I’m sure you will agree that this number is extremely high.

But have you ever thought about why this is?

I mean, it can’t be that 95% of traders are incapable of finding winning trades.

I don’t think so. We all have the knowledge and the tools at our disposal to find our fair share of winners.

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5k Challenge Results – Month 4 – Profit +7.64 Pts

Month 4 of my 5K Challenge saw another profit of +7.64 pts or £76.47 to my initial £10 one-point stakes.

As a result of my bank growth, I am now using stakes with a maximum liability of £13, which is 2% of my current bank.

Over the course of month 4 (12th November to 11th December), I traded a total of 41 games with 30 wins and 11 loses (73.17% strike rate).

In total, I staked £324.21 with an average stake of £7.90. This meant that my return or yield on my stakes was 23.58%. Nice!

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How To Maximise Value When Football Trading

In this post, I want to just take a moment to highlight an important aspect to trading football matches, which is how to maximise the value that we are getting.

If you follow me with my 5K Challenge you will know that I usually enter my trades by dripping my stakes after around 10 or 15 minutes.

The timing of my entry and the size stakes I use will very much depend on how the game is progressing and whether goals look likely.

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Telegram Channel Now Added

I’ve now activated my new Telegram channel so that you can be alerted to any 5K Challenge or Lay the Draw selections that I post to the site.

With so many of us now using smartphones, it makes sense to use Telegram.

You can also install the Telegram app to both mobile or desktop platforms.

My channel can be found here https://t.me/myfootytrading

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New FREE Service Coming Soon

Since September 2018, I have been running a paid lay the draw subscription service.

Unfortunately, due to time constraints, I will be reverting back to the free service in March 2019.

This will mean a few changes which will be:-

Free tips posted to the website

With the paid subscription service, I was sending out selections each day via email. However, in March I will just be posting these to the website each day as before.

New detailed LTD2 guide to download

Instead of charging a monthly subscription fee, I will be charging a one-off fee of £14.99 for the lay the draw PDF guide. The guide will contain lots of info on how to trade LTD2 and will also show you how to go about selecting your own trades. There will also be examples of trades that I have recently done myself to show you how everything works.

The download fee will also mean you will receive future revisions of the guide free of charge.

No more live Twitter trades

With the paid service I was also doing a certain amount of live Twitter trading. This is also very time consuming and is also difficult to do if I am trading via my mobile phone. Therefore, with the free service, this will no longer be available. It isn’t really necessary anyway as the systems will be easy to follow.

That’s it!

Stay tuned and keep checking the home page in early March for the first tips.