Thursday 6 February 2014

Madness

Wow, I don't really know where to start!

My names Stewart and I've been gambling for aslong as I can remember sometimes I win and sometimes I lose, Ive been pretty successful playing poker winning a couple of 2,000 man tournaments. But in August 2013 I decided to give Sports Trading a go.

It started like a dream after an initial deposit into Betfair of £300 I had about £1200 by the end of October. I thought this is easy! Looking back it was beginners luck and from November 13 to Jan 14 I would lose not just the money I'd made but pretty.much everything.

I wanted to raise enough cash for me and my fiance to get a mortgage deposit so I increased my stakes before I knew it my bank was back down to £300 I haf losing day after losing day. I was gambling not trading!

In the end I ended up playing blackjack to try and quickly recoup my losses I won the first couple of times and something in my brain just totally shut down any rational thinking and I became practically addicted to Blackjack. I lost the money i'd won, I lost my initial trading bank, I lost all my disposable income for the month and then the greatest sin of all I went and gambled the money I needed to pay the bills. Luckily I had a way out and im in no debt and managed to pay my bills on time. I stopped gambling completely for my own sake and my fiances.

No doubt you think Im mad and I probably am for having another go at Trading but I know if you can handle the emotion and identify edges in the markets money can be made on the exchanges.

So ive self excluded everything on Betfair except the Exchange and I'm ready to hit the ground running tomorrow.

Starting Bank £100

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