Well after many years of using this strategy and adapting it for the highest possible strike rate with minimum possible risk, I have finally decided to publish my personal take on this well-known Betfair trading system.
There are literally hundreds of different ways to use the lay the draw strategy in football trading, I have seen many of them myself in use by other traders I have known. In fact I would say there are almost as many interpretations on this method as there are traders using it! I have respect for all of them (when successful obviously!) but my approach is quite different in that I avoid as much risk as possible, but capitalise hard when there is a profitable scenario on the table.
I found that I could have similar profits by doing a lot less work, which was what originally motivated me to reducing my trades. In time I found that by being ULTRA selective, only risking my money when literally everything looked as close to perfect as possible, I could reduce my workload by 70% or more, while maintaining or even increasing my level of success.
Less hours at the screen is never a bad thing as far as I am concerned. When you’re new to trading it all feels exciting and the hours fly by. But after a year or two things get more mundane and not so exciting, and this reduced level of emotion is one of the true secrets in my view, the reason why so many traders struggle when they are new to it and excited by it, only becoming profitable when they eventually calm down and treat it more like a job or a business. Mental control is everything in trading.
Successful traders don’t blab about their trades in the pub on a Friday night, losing traders do! This is because by the very nature of being a successful trader, it’s not exciting any more, in fact talking about it in the pub would be a very boring prospect for any full time trader! The work has been done, it paid for that time in the pub to enjoy a chat with friends about anything other than their “day job”!
I spent many hours unpicking my own habits and thought processes in order to document every single click I make during my trading, right down to the very smallest detail which I hardly even noticed I was doing until I began writing it all down to put into this product.
I have lost count of how many people have asked me to write down my LTD approach, especially during the last few years. (One of them sent me a review after he read this eBook, his testimonial is shown below). I never really had the time, and to be totally honest, I was never sure I wanted to share this as it is the product of many years of adjustments, testing and fine-tuning in order to…
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