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How linear is arbitrage growth?

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yo
yorkjoss

Re: How linear is arbitrage growth?

Sun Oct 30, 2016 10:19 pm

moneymatt wrote: yorkjoss,

The number of assumptions you have made about me, my personal attributes, my work ethic, my expectations and current level of success, really... "take the biscuit" <--- correct use of quotation marks.

A "theoretical hypothesis"... for your sake, is... make believe. Something you are not necessarily expecting to happen but in theory, could.

Theory doesn't consider all the factors that prevent the outcome from happening.

I'm sorry you are angry. I'm sorry my cancer banter made you upset. It was simply that... banter.
who's angry? not me.............................you're a clown
motogpfan
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Re: How linear is arbitrage growth?

Sun Oct 30, 2016 10:28 pm

I don't think I like you or your supposed "banter" MoneyMatt.
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Re: How linear is arbitrage growth?

Sun Oct 30, 2016 10:28 pm

moneymatt wrote: yorkjoss,

The number of assumptions you have made about me, my personal attributes, my work ethic, my expectations and current level of success, really... "take the biscuit" <--- correct use of quotation marks.

A "theoretical hypothesis"... for your sake, is... make believe. Something you are not necessarily expecting to happen but in theory, could.

Theory doesn't consider all the factors that prevent the outcome from happening.

I'm sorry you are angry. I'm sorry my cancer banter made you upset. It was simply that... banter.
And "banter"... for your sake, is... "the playful and friendly exchange of teasing remarks". That's according to Oxford Dictionaries.
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Re: How linear is arbitrage growth?

Sun Oct 30, 2016 10:38 pm

yo
yorkjoss

Re: How linear is arbitrage growth?

Sun Oct 30, 2016 10:41 pm

moneymatt wrote: [/url]https://youtu.be/ceS_jkKjIgo[/url]
as I said, you're a clown ;D
luctens
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Re: How linear is arbitrage growth?

Sun Oct 30, 2016 10:41 pm

This isn't a 9-5 job or anything near it with a predictable income per week, month, year or whatever, so doing profit percentage forecasts, targets and all the rest of it is pointless.

If you were to set a monthly target for yourself either in profit percentage or in monetary terms, all that target is likely to do is give you negatives in both ways.

If you hit your target with still some time left in the month, then subconsciously you'll probably take your foot off the gas and you'll take things easy which will mean you won't be as productive as you should be and may make you careless and make mistakes.

Alternatively if you've made yourself a target for the month and half way through the month you're not where you need to be for that target, you're instinctively going to put a lot of pressure on yourself to rush and catch up, and then inevitable mistakes are likely to come off the back of that.

So take a much more relaxed attitude to it, don't do any profit percentage forecasts and all of that stuff and don't set any targets.

Simply make sure you know the nuts and bolts of actually how to do the job, put your bankroll to work in implementing the job and just let the profit happen with no pressure of targets or forecasts.
Last edited by luctens on Sun Oct 30, 2016 10:46 pm, edited 1 time in total.
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Re: How linear is arbitrage growth?

Sun Oct 30, 2016 10:46 pm

yorkjoss wrote:
moneymatt wrote: [/url]https://youtu.be/ceS_jkKjIgo[/url]
as I said, you're a clown ;D

Hahahaha, quality  8) 8) 8)
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Re: How linear is arbitrage growth?

Sun Oct 30, 2016 10:47 pm

luctens wrote: This isn't a 9-5 job or anything near it with a predictable income per week, month, year or whatever, so doing profit percentage forecasts, targets and all the rest of it is pointless.

If you were to set a monthly target for yourself either in profit percentage or in monetary terms, all that target is likely to do is give you negatives in both ways.

If you hit your target with still some time left in the month, then subconsciously you'll probably take your foot off the gas and you'll take things easy which will mean you won't be as productive as you should be and may make you careless and make mistakes.

Alternatively if you've made yourself a target for the month and half way through the month you're not where you need to be for that target, you're instinctively going to put a lot of pressure on yourself to rush and catch up, and then inevitable mistakes are likely to come off the back of that.

So take a much more relaxed attitude to it, don't do any profit percentage forecasts and all of that stuff and don't set any targets.

Simply make sure you know the nuts and bolts of actually how to do the job, put your bankroll to work in implementing the job and just let the profit happen with no pressure of targets or forecasts.
Cheers luctens. Yeah I can appreciate that.
yo
yorkjoss

Re: How linear is arbitrage growth?

Sun Oct 30, 2016 11:02 pm

moneymatt wrote:
luctens wrote: This isn't a 9-5 job or anything near it with a predictable income per week, month, year or whatever, so doing profit percentage forecasts, targets and all the rest of it is pointless.

If you were to set a monthly target for yourself either in profit percentage or in monetary terms, all that target is likely to do is give you negatives in both ways.

If you hit your target with still some time left in the month, then subconsciously you'll probably take your foot off the gas and you'll take things easy which will mean you won't be as productive as you should be and may make you careless and make mistakes.

Alternatively if you've made yourself a target for the month and half way through the month you're not where you need to be for that target, you're instinctively going to put a lot of pressure on yourself to rush and catch up, and then inevitable mistakes are likely to come off the back of that.

So take a much more relaxed attitude to it, don't do any profit percentage forecasts and all of that stuff and don't set any targets.

Simply make sure you know the nuts and bolts of actually how to do the job, put your bankroll to work in implementing the job and just let the profit happen with no pressure of targets or forecasts.
Cheers luctens. Yeah I can appreciate that.
why didn't you tell Luctens it was only a "theoretical hypothesis", make believe?

why don't you go and do some actual arbing? that £12k isn't going to turn into £118k by itself ;D

do you actually know how to arb? I'll be watching your future posts with interest moneymatt,
I'm interested to see what you'll ask next, so lazy or stupid to work things out by yourself,
I'll be highlighting your laziness and stupidity.

you have already said you are expecting this to be lucrative, what are you waiting for?
this is a forum not an arbing kindergarten.
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Re: How linear is arbitrage growth?

Sun Oct 30, 2016 11:08 pm

im so bored of you bro.
yo
yorkjoss

Re: How linear is arbitrage growth?

Sun Oct 30, 2016 11:11 pm

moneymatt wrote: im so bored of you bro.
get used to it

looking forward to your next question.

intentionally left my final comment below blank, if there's anyone on here wishes to help such a person
then I'd be surprised.
Last edited by yorkjoss on Sun Oct 30, 2016 11:21 pm, edited 1 time in total.
moneymatt
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Re: How linear is arbitrage growth?

Sun Oct 30, 2016 11:13 pm

If the cancer doesn't kill you first.
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Re: How linear is arbitrage growth?

Sun Oct 30, 2016 11:19 pm

yorkjoss wrote:
moneymatt wrote: If the cancer doesn't kill you first.
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Re: How linear is arbitrage growth?

Mon Oct 31, 2016 1:13 am

Can I borrow it from you, RoosterDonky?

phpBB [video]
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Re: How linear is arbitrage growth?

Mon Oct 31, 2016 9:40 am

OP you remind me of my BIL.  For the last 20 years he has jumped from one job to another, always chasing the next rainbow and getting bored with anything he tries within a year.  He even went to Gambia as one of his "friends" introduced him to this wonderful scheme where he would be earning thousands a week by investing money of rich clients bla bla bla.

He is now approaching 40, in debt up to his eyeballs and still thinking he will own a Ferrari within 3 years.

So my advise would be to be very careful starting arbing, as EVERYONE makes mistakes, and early on they can lose you a big chunk of your bankroll, and cause great emotional upset.  Some people can go on tilt and blow it all after such an error.  Read this forum until you have spent 100 hours reading it.  Do paper trades for the 1st month to see all the basic errors that can be made.  Read the different sportsbook rules on the sports you will be betting on VERY carefully.

To this day I still come across new ways of losing money due to freak events/rules. 

Also have at least 2 internet connections, and at least one computer/laptop/internet connection that wont be affected by a power cut.  Have at least 2 different exchanges in case of your main exchange going down  (and careful as when betfair goes down similar exchanges become unusable so choose your backup wisely)

Basically start slowly, read and read, and expect to have losses and setbacks, because you 100% will.  Better still have an income/job and dont rely on arbing to pay the bills until you have survived and thrived for 2 or so years.
Never trust a goose!!!

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