Fixed Odds Trading Strategy

I’m sure that you have heard about Fixed Odds Financial trading, but how can you make money from the system?

Well, there are only two ways, and one of those uses lots of your precious time, if you are to be a successful fixed odds trader.

The first way is to trade on your own. Do all your own research into the markets, work out a trading strategy and then look for suitable opportunities in the markets. It is time consuming, but it can also be enjoyable.

The second way is to join a trading Club or membership. This way all the research is done for you and the suitable trades are supplied. All you have to do is place the trades in the marketplace.

You have to offset the convenience of this way of trading with the associated costs.

Being in a trading membership will cost you anything between £27 and £99 per month, depending upon which service you choose.

The various memberships offer different rates of return on trades. Returns vary from 3% right up to 50%+, that is from very safe to ‘can I sleep at night’ trades. You have to look at your risk aversion comfort zone when deciding how to trade.

No matter which membership you choose, be under no illusions, at some point you will have a trading loss. Anyone who tells you differently is being very economic with the truth.

So don’t go having £s or $s going round in your head. You have to accept that there will be losses and so work out how long it will take to recover a lost trade. The math is simple enough. Ask yourself, how many winning trades do I need to pull back one loss at a return of X%. X can be anything from 3% to 50%. Just remember that potentially, you are going to lose more trades the higher you go on the risk scale.

Another important factor is the ongoing monthly cost of being in a membership. You have to make back that cost in winning trades before you can start to make a profit.

If you are trading on your own and you have all the time in the world, then you can start with £100 and slowly build it up.

You cannot do that in a membership, you will need a much higher level in your trading bank.

I sat next to a guy in a seminar only last weekend and we got to chatting about fixed odds trading. It turned out that he had been in a membership that cost £99/month. When I quizzed him a little more, he admitted that he only had £400 in his trading bank and wondered why his money went down every month. Luckily he left before it was all gone.

Now I know the membership that he was in, so I also knew that the risk factor was medium to very high on the trades.

Personally, I would recommend not using more than 10-15% of your trading bank on any one trade. So if he had £400 and placed a trade at a high risk 50%, then he might have bet £60 (15%) to win £90 (stake £60 + profit £30). He needed four wins every month at that high risk level just to creep into profit. It was never going to work.

No, you need a minimum of £1500 and preferably £2000-3000 in your trading bank to start making some good money over say 6months to a year.

Most memberships will probably offer anywhere between 4 and 10 trades per month, depending on your level of membership.

With my own subscription membership Profit Vortex you can trade from 4 times per month, up to 8+ trades. I work (with my business partner) in the low risk level of 8-12% return. If you held our Platinum membership, with £2000 in your trading bank, you could be trading £250 -£300 at a time. With an average return of 10%, 8+ times per month, you would have a compounded return of about £230 profit in the first month.

You add that to your £2000 and keep going, month after month. The compounded profits soon start to build up quickly until you get to the point where you are trading with profits, not capital. Then you can decide whether to withdraw some of your trading bank or keep on going.

I should say at this point that the monthly cost of my Profit Vortex membership starts at less than £30/month and even the Platinum level is around 50% of some high charging services.

So if you are interested in Fixed Odds Trading as a way of making extra money then check out Profit Vortex. You are not locked in because it is a monthly subscription service.

Graham

Profit Vortex

PS. I’ve just logged into my trading account and collected the profits from 2 winning trades. )