Betfair Trading Made Simple: The Ultimate Guide to Getting Started

[vc_row][vc_column width=”2/3″ css=”.vc_custom_1500733656125{border-top-width: 1px !important;border-right-width: 1px !important;border-left-width: 1px !important;border-left-color: #cecece !important;border-left-style: solid !important;border-right-color: #cecece !important;border-right-style: solid !important;border-top-color: #cecece !important;border-top-style: solid !important;}”][vc_column_text]Caan Berry’s Betfair Trading Made Simple: The Ultimate Guide to Getting Started is a book designed for beginners who want to find out more about Betfair trading. The book covers pretty much everything you need to know about getting started trading the sports markets and will give you a great head start to your journey.[/vc_column_text][vc_single_image image=”2880″ img_size=”medium” add_caption=”yes” alignment=”center” style=”vc_box_border” onclick=”custom_link” img_link_target=”_blank” link=”http://www.sportstradingtools.co.uk/caan-berry-book”][vc_column_text]

Who is Caan Berry?

Caan Berry is a renowned Betfair sports trader whose website is dedicated to helping newbies get started with Betfair trading.[/vc_column_text][vc_btn title=”Visit Caan’s Website” style=”3d” color=”warning” size=”lg” align=”center” i_align=”right” i_icon_fontawesome=”fa fa-mouse-pointer” add_icon=”true” link=”url:http%3A%2F%2Fwww.sportstradingtools.co.uk%2Fcaan-berry-tg||target:%20_blank|rel:nofollow”][/vc_column][vc_column width=”1/3″][vc_cta h2=”Caan Berry’s ‘Betfair Trading Made Simple'” h4=”What Edge Will It Give Me?” txt_align=”center” color=”white” add_button=”bottom” btn_title=”Find Out More” btn_style=”3d” btn_color=”warning” btn_size=”lg” btn_align=”center” btn_i_align=”right” btn_i_icon_fontawesome=”fa fa-mouse-pointer” css_animation=”none” btn_button_block=”true” btn_add_icon=”true” css=”.vc_custom_1538043024270{border-top-width: 5px !important;border-right-width: 5px !important;border-bottom-width: 5px !important;border-left-width: 5px !important;background-color: #81d742 !important;border-left-color: #cecece !important;border-left-style: outset !important;border-right-color: #cecece !important;border-right-style: outset !important;border-top-color: #cecece !important;border-top-style: outset !important;border-bottom-color: #cecece !important;border-bottom-style: outset !important;border-radius: 5px !important;}” btn_link=”url:http%3A%2F%2Fwww.sportstradingtools.co.uk%2Fcaan-berry-book||target:%20_blank|”]

Written by an experienced Betfair professional, Caan Berry’s book will provide the perfect head-start for beginners to Betfair trading.

If you’re serious about learning your trade then this book is definitely worth the small investment.

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‘Betfair Trading Made Simple’ Review

‘Betfair Trading Made Simple’ by Caan Berry is a book for those who are at the very beginning of their sports trading journey and are wanting to learn the very basics of sports trading on Betfair. The book covers how money can be made from betting, how sports trading works and how to set yourself up for long-term success.

This is the sort of book that I wish was around when I started my journey as it pieces together lots of the information that you’ll need to get started. As usual with Caan’s content, it’s written in a clear and easy-to-understand manner that anybody can get their head around.

At 133 pages it a read that you’ll have finished in no time and will have set you up with the foundational basics you’ll need to decide whether you wish to give Betfair trading a proper crack of the whip.

What Are the Contents of Caan Berry’s Book?

  • Luck Doesn’t Exist
  • How to Win Money Betting
  • Basic Trade Anatomy
  • Aha! An Unfair Advantage
  • The Glove Fits
  • Absent 50
  • Preparing to Win
  • Long Term: Risk Management
  • Strategic Foundations
[/vc_column_text][vc_column_text]As you can see, there’s a lot of excellent content to help you get on the right path when investigating more about sports trading, and for under a tenner it’s well worth a pop.[/vc_column_text][vc_message]The information contained in the book provides the perfect starting base for learning about how sports trading works. After reading the book many newbies find the next step is to subscribe to Caan Berry’s Advanced Video Pack which will visually show you how the professionals trade the markets and how you can too.[/vc_message][vc_column_text]

Final Thoughts

If you’re just starting to investigate what Betfair trading is all about then this book comes highly recommended as the best starting place.

It provides all of the most basic information you need to get started on your path to success in the sports trading markets.[/vc_column_text][vc_btn title=”Buy the Book” style=”3d” color=”warning” size=”lg” align=”center” i_align=”right” i_icon_fontawesome=”fa fa-mouse-pointer” button_block=”true” add_icon=”true” link=”url:http%3A%2F%2Fwww.sportstradingtools.co.uk%2Fcaan-berry-book||target:%20_blank|”][vc_message message_box_color=”success” icon_fontawesome=”fa fa-pencil”]Top Tips

  • As well as purchasing the book I highly recommend watching Caan’s YouTube videos and reading his blog. He explains a lot of the struggles he went through when he started his journey and how he overcame them – a lot of which many of you reading this will undoubtedly be able to relate to. You can find our blog post on Caan’s Berry’s 4 Best YouTube Videos by clicking here.
  • Caan is always happy to help newbies to trading, follow him on Facebook and Twitter where he often posts and interacts with his followers
  • Give the book a couple of reads as the information contained will soak in better
  • Combining the knowledge presented in the book guide with the content in Caan’s Advanced Video Pack will provide great grounding for tackling the markets
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  • Provides a head start for anyone wishing to learn about sports trading
  • Content included is comprehensive and well structured
  • Simple to read and understand. Not full of technical jargon
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  • It’s hard to criticise the book – it does what it set out to do
[/vc_message][/vc_tta_section][/vc_tta_accordion][vc_toggle title=”FAQ” size=”lg” open=”true”]How long is the book?

133 pages.

Can I trust Caan Berry knows what he is talking about?

Yes, Caan has been a professional sports trader for many years and has even been featured in Betfair adverts to promote their betting exchange. He is about as trustworthy as they come![/vc_toggle][/vc_column][vc_column width=”1/3″][vc_widget_sidebar sidebar_id=”gp-horse-racing-sidebar”][/vc_column][/vc_row]

 
Categories
Trading Psychology

Trading Psychology: 5 of the Best Books

[vc_row][vc_column width=”2/3″ css=”.vc_custom_1498050547697{border: 1px solid #cecece !important;border-radius: 1px !important;}”][vc_column_text]A key part of any trader’s edge is their mental ability to control their emotions and actions when trading. They say trading is 80% psychological mastery and 20% skill. The following 5 books will help you on your way to mastering your emotions in the market.

Trading in the Zone – Mark Douglas

Widely regarded as the go-to book for learning about learning the psychological demands of trading, Mark Douglas’ book ‘Trading in the Zone‘ takes the reader on a journey of reprogramming their current bad habits in the markets. 

If you’re at that stage of your trading where you’re still too impulsive and end up ruining perfectly good trades, or at the other end of the spectrum, letting your bad trades run then this book will help you on the path to eliminating these key errors.

Mark Douglas provides examples of how and why the mind works the way it does when encountering such psychological challenges that the markets can provide. The book is simple to read and understanding is gained through Mark’s excellent use of stories and allegories which likens the experiences of the market to real world experiences that we can all relate to.

If you’re looking to improve your understanding of how you react in the markets so that you can adapt and minimise the errors then this book is for you.[/vc_column_text][vc_single_image image=”1603″ img_size=”medium” add_caption=”yes” alignment=”center” style=”vc_box_border” onclick=”custom_link” img_link_target=”_blank” link=”http://amzn.to/2wy50R7″][ult_dualbutton btn_border_style=”solid” button1_text=”Buy from Amazon” icon_link=”url:http%3A%2F%2Famzn.to%2F2wy50R7||target:%20_blank|” btn1_background_color=”#eaca7a” btn1_bghovercolor=”#eabd4b” icon=”Defaults-shopping-cart” icon_align=”right” button2_text=”Buy from iBooks” btn_icon_link=”url:https%3A%2F%2Fgeo.itunes.apple.com%2Fgb%2Fbook%2Ftrading-in-the-zone%2Fid357986493%3Fmt%3D11||target:%20_blank|” btn2_background_color=”#ffffff” btn2_bghovercolor=”#f1eafc” btn_icon=”Defaults-book” divider_text=”Or” btn_border_radius=”1″][vc_column_text]

The Disciplined Trader: Developing Winning Attitudes – Mark Douglas

A different spin on ‘Trading in the Zone’, ‘The Disciplined Trader’ focuses on how to keep your cool, cut out the emotion and regaining the psychological composure that is the key trait of any consistently profitable trader.

With many of our habits of ill-discipline in the markets being formed by beliefs that are learned to function effectively in society this book explains why the profitable trader needs to learn how to become systematic in all aspects of their trading.

The book will show you how to understand your emotions in the markets and how you can create a mental structure to protect against the shortcomings.[/vc_column_text][vc_single_image image=”1604″ img_size=”medium” add_caption=”yes” alignment=”center” style=”vc_box_border” onclick=”custom_link” img_link_target=”_blank” link=”http://amzn.to/2uxH133″][ult_dualbutton btn_border_style=”solid” button1_text=”Buy from Amazon” icon_link=”url:http%3A%2F%2Famzn.to%2F2uxH133||target:%20_blank|” btn1_background_color=”#eaca7a” btn1_bghovercolor=”#eabd4b” icon=”Defaults-shopping-cart” icon_align=”right” button2_text=”Not currently available on iBooks” btn2_background_color=”#ffffff” btn2_bghovercolor=”#ffffff” btn_icon=”Defaults-book” divider_text=”Or” btn_border_radius=”1″][vc_column_text]

The Chimp Paradox – The Mind Management Programme to Help You Achieve Success, Confidence and Happiness – Prof. Steve Peters

Master the voice of the chimp inside your head, which often causes you to make highly irrational decisions with this ‘The Chimp Paradox‘ by renowned psychology professor, Steve Peters.

Whilst this isn’t a trading book, much of the information contained in it is perfectly applicable to the everyday life of a trader. This is one of the most interesting books I’ve read on psychology and will help you learn just how gaining introspection of your life outside of trading impacts your life in the markets.

Steve Peter’s has helped all manner of Sports Professionals and played a key part in Britain’s success at recent Olympics. It’s a fascinating book about mastering the voice inside your head and one that comes highly recommended.[/vc_column_text][vc_single_image image=”1605″ img_size=”medium” add_caption=”yes” alignment=”center” style=”vc_box_border” onclick=”custom_link” img_link_target=”_blank” link=”http://amzn.to/2vFcnKc”][ult_dualbutton btn_border_style=”solid” button1_text=”Buy from Amazon” icon_link=”url:http%3A%2F%2Famzn.to%2F2vFcnKc||target:%20_blank|” btn1_background_color=”#eaca7a” btn1_bghovercolor=”#eabd4b” icon=”Defaults-shopping-cart” icon_align=”right” button2_text=”Buy from iBooks” btn_icon_link=”url:https%3A%2F%2Fgeo.itunes.apple.com%2Fgb%2Fbook%2Fthe-chimp-paradox%2Fid482894788%3Fmt%3D11%26at%3D1000lybC||target:%20_blank|” btn2_background_color=”#ffffff” btn2_bghovercolor=”#f1eafc” btn_icon=”Defaults-book” divider_text=”Or” btn_border_radius=”1″][vc_column_text]

Thinking, Fast and Slow – Daniel Kahneman

Again, not a book specifically on trading, but one that will give you a deep understanding of how and why the mind works so often on an irrational basis.

One of the first questions novice traders ask any professional is “what trading books do you recommend?”. No surprise then that this very question was asked when I was on Peter Webb’s Masterclass course (you can read my review of that course, here). To my surprise, Peter didn’t mention either of Mark Douglas’ books above but instead recommended Thinking, Fast and Slow by Daniel Kahneman.

Admittedly, it is a long read and filled with high-level information so it’s one to take your time with. Give a chapter a read and then let it sink in over a few days and see where your cognitive biases are misleading you, and then go back to the book.

Alternatively, if you wish to gain an insight into whether the book is worth is worth a purchase (it is) then watch the Horizon documentary ‘How You Really Make Decisions’ with the author, Daniel Kahneman, on YouTube.[/vc_column_text][vc_video link=”https://www.youtube.com/watch?v=7Ha34Vu1zZo&” el_width=”90″ align=”center”][vc_single_image image=”1608″ img_size=”medium” add_caption=”yes” alignment=”center” style=”vc_box_border” onclick=”custom_link” img_link_target=”_blank” link=”http://amzn.to/2vEUT0v”][ult_dualbutton btn_border_style=”solid” button1_text=”Buy from Amazon” icon_link=”url:http%3A%2F%2Famzn.to%2F2vEUT0v||target:%20_blank|” btn1_background_color=”#eaca7a” btn1_bghovercolor=”#eabd4b” icon=”Defaults-shopping-cart” icon_align=”right” button2_text=”Buy from iBooks” btn_icon_link=”url:https%3A%2F%2Fgeo.itunes.apple.com%2Fgb%2Fbook%2Fthinking-fast-and-slow%2Fid464822423%3Fmt%3D11||target:%20_blank|” btn2_background_color=”#ffffff” btn2_bghovercolor=”#f1eafc” btn_icon=”Defaults-book” divider_text=”Or” btn_border_radius=”1″][vc_column_text]

Zen and the Art of Poker: Timeless Secrets to Transform Your Game

Much of the psychology tactics used by the world’s most successful Poker players intertwine with those used by the most successful traders. A short read, ‘Zen and the Art of Poker‘ explains why those who keep their cool and play the long game are the winners in the end.

I loved this book and had to buy it after reading the preview. Almost every poker reference in it could be switched for a trading one and it’ll help you visualise your trading in terms of sitting at a Poker table, trying to keep your cool and coming on out on top of your competitors at the end of the game.

You’ll be able to fly through it in a few days and be able to take numerous lessons from it into mastering your sports trading.

Thanks to Caan Berry for suggesting this one![/vc_column_text][vc_single_image image=”1609″ img_size=”medium” add_caption=”yes” alignment=”center” style=”vc_box_border” onclick=”custom_link” img_link_target=”_blank” link=”http://amzn.to/2vERSgF”][ult_dualbutton btn_border_style=”solid” button1_text=”Buy from Amazon” icon_link=”url:http%3A%2F%2Famzn.to%2F2vERSgF||target:%20_blank|” btn1_background_color=”#eaca7a” btn1_bghovercolor=”#eabd4b” icon=”Defaults-shopping-cart” icon_align=”right” button2_text=”Buy from iBooks” btn_icon_link=”url:https%3A%2F%2Fgeo.itunes.apple.com%2Fgb%2Fbook%2Fzen-and-the-art-of-poker%2Fid361825426%3Fmt%3D11%26at%3D1000lybC||target:%20_blank|” btn2_background_color=”#ffffff” btn2_bghovercolor=”#f1eafc” btn_icon=”Defaults-book” divider_text=”Or” btn_border_radius=”1″][vc_message]Also on my list to read: Market Wizards – Jack D. Schwager, The New Market Wizards – Jack D. Schwager, The Little Book of Behavioural Investing – James Montier and The Mental Game of Poker – James Tendler.[/vc_message][vc_column_text]If I could recommend only one book I’d say you should go with Trading in the Zone by Mark Douglas. But I’d definitely recommend at least watching the Horizon documentary ‘How You Really Make Decisions’ as it gives a fascinating insight into how the brain works.

If you’ve read any of the above books then comment below with your thoughts of how it helped your trading.[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_widget_sidebar sidebar_id=”gp-horse-racing-sidebar”][/vc_column][/vc_row]

 
Categories
Horse Racing Sports Trading For Beginners

The 3 Best Betfair Sports Trading Books for Newbies

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From my experience, and many others, these are 3 of the best reads to get you started on your Betfair Sports Trading journey. They all cover the basics of what you need to know when starting out and will help you familiarise yourself with the terminology used by traders. Without doubt, these provide new traders with good grounding for going forward.

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Mastering Betfair: How to Make Serious Money Trading Betting Exchanges – Pete Nordsted

Essential reading for anyone serious about making money from Sports Trading. Taking you through low-risk strategies that can be used by anyone to profit from the markets, Pete Nordsted also teaches about the discipline needed to be a successful trader.

This book first takes you through the basics such as the hardware and software requirements, then the trading process, then money management, managing risk, trading psychology and finally a few strategies. Whereas Wayne Bailey’s book (discussed below) only touches on the psychology of trading, Pete Nordsted has a whole section of the book dedicated to it. Remember, trading is 80% psychology and 20% the actual skill of trading.

‘Mastering Betfair’ is for the aspiring trader who wants to keep a level head in and amongst the rush of the markets. Informative and methodical in its approach to teaching the reader the basics of mastering betting exchanges, it is a must-read for those just starting out on their journey.[/vc_column_text][vc_single_image image=”1586″ img_size=”medium” add_caption=”yes” alignment=”center” style=”vc_box_border” onclick=”custom_link” img_link_target=”_blank” link=”http://amzn.to/2weZwvg”][ult_dualbutton btn_border_style=”solid” button1_text=”Buy from Amazon” icon_link=”url:http%3A%2F%2Famzn.to%2F2weZwvg||target:%20_blank|” btn1_background_color=”#eaca7a” btn1_bghovercolor=”#eabd4b” icon=”Defaults-shopping-cart” icon_align=”right” button2_text=”Buy from iBooks” btn_icon_link=”url:https%3A%2F%2Fgeo.itunes.apple.com%2Fgb%2Fbook%2Fmastering-betfair%2Fid388624679%3Fmt%3D11||target:%20_blank|” btn2_background_color=”#ffffff” btn2_bghovercolor=”#f1eafc” btn_icon=”Defaults-book” divider_text=”Or” btn_border_radius=”1″][vc_column_text]

Sports Trading on Betfair: Profitable Betting Exchange Systems for Trading on Betfair and Betdaq – Wayne Bailey

Perfect for those new to Sports Trading, Wayne Bailey’s ‘Sports Trading on Betfair’ provides the reader with an overview of the dynamics of a Betting Exchange such as odds movement and how and why the prices move. Included are some strategies Wayne uses to profit from the Football and Horse Racing markets himself.

As the first book on Sports Trading I ever purchased this gave me a good grounding in understanding just how Betting Exchanges like Betfair worked. I bought it in 2014 just as I was dipping my toe into matched betting as I became obsessed with the idea of making a second income from the online betting industry.

I had only actually started gambling, as a mug punter, 3 months before happening upon matched betting but the idea of sports trading intrigued me. Wayne Bailey’s book gives a good understanding about what it takes to become a professional sports trader and is written in a way so that anyone new to the exchanges will understand it easily, despite it being full of related terminology that may be new to some.

This book laid the ground for a lot of the knowledge I now know about trading and is a great beginners guide for an introduction to life in the markets. Terminology and the varying aspects of trading are all explained very clearly and in a straightforward manner. Put simply, this is a must-read for anyone new to sports trading and will give you the edge over anyone trying to figure it out for themselves.[/vc_column_text][vc_single_image image=”1584″ img_size=”medium” add_caption=”yes” alignment=”center” style=”vc_box_border” onclick=”custom_link” img_link_target=”_blank” link=”http://amzn.to/2wsxXxU”][ult_dualbutton btn_border_style=”solid” button1_text=”Buy from Amazon” icon_link=”url:http%3A%2F%2Famzn.to%2F2wsxXxU||target:%20_blank|” btn1_background_color=”#eaca7a” btn1_bghovercolor=”#eabd4b” icon=”Defaults-shopping-cart” icon_align=”right” button2_text=”Buy from iBooks” btn_icon_link=”url:https%3A%2F%2Fgeo.itunes.apple.com%2Fgb%2Fbook%2Fsports-trading-on-betfair%2Fid1031894743%3Fmt%3D11%26at%3D1000lybC||target:%20_blank|” btn2_background_color=”#ffffff” btn2_bghovercolor=”#f1eafc” btn_icon=”Defaults-book” divider_text=”Or” btn_border_radius=”1″][vc_separator el_width=”80″][vc_column_text]Want to fast track your learning about Sports Trading? Sign up for our free Email Course ‘Sports Trading: 8 Steps to Discovering Your Edge’!

[/vc_column_text][vc_separator el_width=”80″][vc_column_text]

Caan Berry’s Pre-Race Trading Guide

As a professional trader since 2011, and as someone who documented his early struggles online through his blog, Caan has built up a strong reputation as a great go-to resource for anybody just starting out. His 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. I found this incredibly useful as it filled in many of the gaps in my knowledge that I hadn’t even discovered even after a few months of my journey beginning.

Read the full review, here.[/vc_column_text][vc_single_image image=”1295″ img_size=”medium” add_caption=”yes” alignment=”center” style=”vc_box_border” onclick=”custom_link” img_link_target=”_blank” link=”http://www.sportstradingtools.co.uk/caan-berry-tg”][vc_btn title=”Find Out More” style=”3d” color=”warning” size=”lg” align=”center” i_align=”right” i_icon_fontawesome=”fa fa-mouse-pointer” add_icon=”true” link=”url:http%3A%2F%2Fwww.sportstradingtools.co.uk%2Fcaan-berry-tg||target:%20_blank|”][vc_message]The information contained in Caan’s guide provides the perfect starting base for learning about how the Betfair horse racing markets function. Combining the knowledge learned from the guide with the huge amount of content contained within Caan Berry’s Advanced Video Pack will set you in good stead for tackling the markets.[/vc_message][vc_column_text]Have you read any of these – if so, what did you make of them? Comment below![/vc_column_text][/vc_column][vc_column width=”1/3″][vc_widget_sidebar sidebar_id=”gp-horse-racing-sidebar”][/vc_column][/vc_row]