On the blog Nestora, as usual, it's interesting to be about one of the best traders in their time Betfar. To your attention the history of Alex_san. I read with interest all in full on the forum, to the above I would like to add one more post to Alexan. "From the very beginning, I told my friends that I was ready to share a successful job on the stock exchange and replace their boring work, maybe the same boring, but more profitable. It must have been my mistake. All to whom I chewed it, teaching to find easy money on the stock exchange, poured their deposits. At the forum and in Skype I also actively shared strategies and wrote all my thoughts trying to convey them, but as far as I know no one else has ever successfully traded on the stock exchange. I do not take into account those who could add to their basic earnings less than 1-2 thousand per month. Almost everyone was either filled up, or could earn tiny sums and left the exchange, or used it for entertainment. By the middle of 2008, the forum died just because of this. Many simply lost interest, realizing that they will not be able to earn money there. The creator of the forum and the most active participant VS did not cope with the excitement and repeated the fate of carrying and meat grinders, rolling up and typing debts. But he, as far as I know, eventually settled it. And it was a heyday when betfair had not yet introduced many solutions that closed some holes. In addition, almost completely died before the match, where you could study for a long time and gradually move to a more risky trade in live. It is necessary to take into account that for 3 years I'm a little off topic, maybe there have appeared positive changes.
To make it more clear, I will bring differences from poker
1. There is no training material that you could recommend and it would be useful, but there is a lot of useless.
2. There is no community and specialized forums where you could improve, getting answers to your questions and exchanging opinions and ideas
3. Everybody plays in the same field. You can not grow on limits. Only after studying the rules do you start playing in the market immediately, where Ivy and Dur will be with you and strong reg and fishes. You can only control the amounts that are ready to play.
4. Not all play by the same rules, in many markets there are insiders who initially have an advantage over you. Sometimes it's huge if they know the course and result of the match (for example, betfair announced the amount of 3.8 million dollars, set for the defeat of Davydenko in Sopot from several related accounts, the average kaff was above 2, ie, as a result, more than 4 million dollars should were paid by those who did not know about the outcome, the organizers of the contract) * * * * *
The balance at the stock exchange is wildly skewed towards professionals and insiders and a huge mass is forced to service deposits with their appetites.
Well, to come to the exchange with the goal of earning 2-4 thousand a month does not make any sense, there will be too much effort and time to spend even for this. It is necessary to set a bigger goal, but now it is necessary to be ready to share with betfair 20.40 or 60% of the profit. Vicious circle.
So, on the whole, I'm concerned about the prospects of starting work in this field from scratch very pessimistically. "
P \ S. The last paragraph seemed most interesting.
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