Caan Berry’s 4 Best Trading Videos on YouTube for Newbies

Horse Racing

Caan Berry, a professional Betfair trader since 2011, has created a wealth of information online through his website and YouTube channel. As someone who struggled with the mentality of trading in the early days, he has always been keen to help those just starting out to overcome the exact same hurdles.

Here are 4 of Caan Berry’s best videos on YouTube for those just starting their trading journey…

1. Risk Management: Trading Betfair Horse Racing

In this video Caan provides an example of a losing trade on a 2-horse race. As part of his risk management process, before he even puts on his opening trade, he already knows roughly where he would consider it has gone wrong and where his loss exit point must be. It’s an important point that you’ll find professional sports traders hammering home time and time again.

Key Lesson: Risk management is all about having a pre-determined exit plan. If you don’t then it’ll be easy for your mind to keep putting off your exit point until you end up just letting your losses get out of control.

2. Importance of Being ‘Self Aware’ When Trading Betfair

Here Caan talks about self-awareness when trading and it’s a vitally important point. At the start of the day before you even begin trading you should take a moment to be aware of how you’re feeling at that point. If you’re feeling angry, a bit down, or just not right then it probably isn’t a good idea to trade. The same goes for when you’re in your trading session. If you find things aren’t going your way and you’re losing the control over your trading then it’s best to just quit for the day before one of those big losses happens.

Key Lesson: What is your mind telling you about how you’re feeling when you’re trading? If it’s negative then just get out of the space you’re trading in, turn off the software and take a break. Get out during the heat of the moment before the shit hits the fan.

Caan Berry's Advanced Video Pack

Caan Berry's Video Pack - Swing Trading Module Videos
Caan Berry's Advanced Video Pack - Swing Trading Module

Caan Berry’s Advanced Video Pack includes 22 Modules with 96 Videos that will set you in good stead for tackling the Betfair pre-race Horse Racing markets. It covers everything from Mindset, Psychology, Swing Trading, Scalping, Greyhounds, How to Trade Irish Races, Spotting Genuine Money and Managing Risk.

Click here to read the review or click the button below to find out more information by visiting Caan’s website.

3. Record, Analyse, Critique & Implement

Even the professionals record their trading sessions from time to time. This was a key point I took on board when I was learning at the start – how could I improve my trading if I didn’t know what I was doing wrong in the markets? It’s alright to say after a trading session that you know where you went wrong – but I found when I watched back my recordings that there were one or two other more important things that I was missing “Oh so that’s why that drifted – because that horse which I hadn’t got my eye on had started being backed in!”

What I’m talking about here is a thing called inattentional blindness. Inattentional blindness is where you’re so concentrated on one thing that you miss something completely obvious that is happening elsewhere.

Key Lesson: Record some of your trades and analyse them. See what mistakes you’re making over and over again and then work on rectifying them one by one.

4. The Security of Starting Steady

It’s pretty obvious from the title what this is all about. When you’re starting the day of trading it’s key that you get off to a good start for the sake of your mentality going forward. It’s like anything you attempt to do in life – if you get off to a good start you’ll feel like you can succeed throughout the day. Get off to a bad start in trading though and it can be a downward spiral. Suddenly you feel the pressure to have a green screen the next race and we all know that putting pressure on yourself is not psychologically beneficial when it comes to trading.

Key Lesson: Play it safe during the first race. Play the defensive game first. You want a profit but don’t take any unnecessary risks – set yourself up for a good start to the day and it’ll help you reap your rewards throughout the session.

Caan Berry's Pre-Race Trading Guide

Image of Caan Berry's Pre-Race Trading Guide cover
Caan Berry's Pre-Race Trading Guide

Caan Berry’s Pre-Race Trading Guide provides all the essential information newcomers need to know. This is a perfect start if you just want to focus on trading the horses pre-off on Betfair, it covers all of the basics in terms of trading set-up, psychology, market dynamics, software and market participants.

Click here to read the review or click the button below to find out more information by visiting Caan’s website.

What’s your favourite video by Caan Berry? Drop us a comment below linking to it!

Betfair Trading Software

Betfair Trading Software

Matched Bettor of 3+ years. Loves helping others find their path to what they really want to do in life. Started my Sports and Cryptocurrency Trading journey in June 2016. Bitcoiner.

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