Hi all,
I want to get started on exchange trading with decimal odds but the whole thing scares me a whole lot. I understand the principle behind laying and backing but my concerns are about damage limitation in a quick moving market.
What I mean is, if a market moves against me and I am left exposed, my thinking is not yet quick enough to get out of a trade efficiently to cut my losses. I know most of this comes with experience but how do I learn the opposite odds to what I have backed or layed for example ?
Any ideas on any good books out there or trading courses available ?
I want to get started on exchange trading with decimal odds but the whole thing scares me a whole lot. I understand the principle behind laying and backing but my concerns are about damage limitation in a quick moving market.
What I mean is, if a market moves against me and I am left exposed, my thinking is not yet quick enough to get out of a trade efficiently to cut my losses. I know most of this comes with experience but how do I learn the opposite odds to what I have backed or layed for example ?
Any ideas on any good books out there or trading courses available ?
