Become A Sports TraderAuthor: Matt Finnigan
Full-Time Professional sports trader Matt Finnigan gives you hints and tips on how to improve your understanding on trading the betting exchanges such as Betfair. In his weekly podcast he reveals some of strategies and techniques he has been using since turning professional in 2002. Language: en Genres: Sports Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Become A Sports Trader Podcast Episode 43 – Closing Option...
Wednesday, 18 November, 2015
Many novice traders can struggle with what to do next when in a position of strength with a trade. In this week’s episode Matt talks about the 4 core closing options that he uses in such situations. He explains why novice traders tend to stick pre-determined profits rather than learning how to run the profits or reversing their position to leverage the strong trading position they have found themselves in. Matt explains all the dynamics of the 4 closing options how you add more money to strong position, what you should consider and how to work-out the risk management. He also talks through closing and reversing your position because you feel the market will move in the other direction.