Very Low Capital Trading

This is a discussion on Very Low Capital Trading within the First Steps forums, part of the Reception category; Hi Adrian....and the rest My first time on here...and hope to carry on I have started to trade with as ...

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Old Jun 12, 2004, 2:01pm   #36
 
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Hi Adrian....and the rest
My first time on here...and hope to carry on
I have started to trade with as little as £1500 two wks ago. first day gained £20 second day traded the £ against $ ...lost ~£80 third day lost another deal and was left with £1344.
since then I have traded on a share which bounces ....and have crept to£1488...
I am not looking to make a living out of trading, but winning and loosing and speculation is all so exiting
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Old Jun 12, 2004, 3:01pm   #37
 
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Originally Posted by lennonac
I have been trading part-time for a couple of years with some success until one day i risked to much and yes I lost it! in the end i needed what money I had left in my sb account so took it out. about 6 months past and I wanted to get back in the game again but due to my finacial situation did not have any money to trade with. I had used betfair before so went to the site and deposited £50. that was 4 days ago, I am at £81 now just betting in £2's will post again to let you know of my situation.
Just keep your bet size low until you have at least broken the £100 barrier. I use to use the lay bets quite a lot, especially when market is moving quickly - you can often then place a bet at higher odds so that you win whichever way the market is going.
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Old Jun 12, 2004, 3:04pm   #38
Joined Dec 2003
YUVA

Exciting is dangerous.

If you aim to suceed at trading, minimise emotions to gain clear thinking and logical trades.

Regards

bracke
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Old Jun 12, 2004, 4:31pm   #39
 
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Originally Posted by adrianallen99
Just keep your bet size low until you have at least broken the £100 barrier. I use to use the lay bets quite a lot, especially when market is moving quickly - you can often then place a bet at higher odds so that you win whichever way the market is going.
Yes I aim to stay at £2 a bet until my bank reaches £200 then every £1 per bet more I want will require another £100 i.e £3 per bet requires £300, yes I have been laying and backing rather than just one or the other.
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Old Jun 12, 2004, 6:40pm   #40
 
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Originally Posted by adrianallen99
... it made me about £200 to start with, with no real work and no risk
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Old Jun 12, 2004, 8:34pm   #41
 
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brake
Point taken and you are very right..exitment is dangerous.
I have to learn a lot from this board and keep browsing for any good tips for a newbie......will write soon
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