Webinar: Open Invitation

Next Thursday 20th June at 8:00pm I would like to invite you to join me in my 1st “public” webinar. This is something I have never done before. I often conduct webinars for my group of traders in MGW. I have never held one open to all. Details of how to join in will be at the bottom of this page.
Please note that this invitation is open to all and is free

This is a great opportunity for me to reach new people, perhaps people who have not really heard of me, or know what I am about. Most of my YouTube material is becoming dated (I am going to be removing a lot of it soon). A chance to showcase what I do and for some of you guys to get to hear me talk about different aspects of being a Pro Trader, the challenges I have faced, how I overcame them. What works and more importantly, what doesn’t.
I hope I will be able to give you good information, entertain and pass an hour or so with something worthwhile that you can take away. Even if you get just 1 thing that you can implement into your trading, and it makes 5% difference. Then it’s worth the effort, it’s free, so you have nothing to lose (except an hour of your life). You may have to record Emmerdale, and I hope not to run into Love Island……….

What will I be talking about?
I have a few topics that I will be covering. For this webinar, it will be “general” trading advice. I will also hope to answer a few questions too.

I am planning to cover:

  • Your Bank
  • Race Selection
  • Your Trading Operation
  • Expectations
  • Execution
  • Motivation

To be able to participate there are a couple of things you need to do. Firstly is be on my email subscriber list. I will add a subscribe box at the end of this page for you.
On Tuesday evening I will send out an invitation to everyone who is on this list. You will then need to register to join the webinar.
This is completely FREE!

So what is this all about? Why am I doing this?

So “Why”? The cynical bastards amongst you will be wanting to know what I get out of it. If you are thinking that btw. Please don’t bother signing up to come. I am increasingly frustrated with negative people that worry more about what others are getting, losing sight of what they are gaining. I don’t want these people in my life. Simple as that. If you have that attitude you will always struggle to get to where you want to be. I don’t waste my time on people like that anymore.

I do sincerely hope that can join me on Thursday evening.

As part of GDPR you will need to confirm your email to go onto my mail list. make sure you look in your spam folder to find this. it comes almost straight away after you subscribe. Any issues with this. Please get in touch at mugsgame@hotmail.co.uk so I can help you sort it.








 
 
 
 
 

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Trading v Life

Just wanted to share my thoughts about trading and lifestyle and to let you know how it works for me, and some challenges I have faced.

When I started trading more seriously in 2004 onwards it was relentless. I lived and breathed it. If I wasn’t at work I was trading or doing something trading related. Everything else fitted in. That hard work paid off as I was able to trade full time after I was made redundant from my job in July 2006. Imagine having an ATM in your spare room, where you could help yourself to cash, without the balance of your bank account being affected. That’s how it was.

Friends call around, it’s so obvious you want them to fuck off so you can get back to trading, it makes them uncomfortable after a few visits, they stop coming. Friendships ended, Invitations dry up, family engagements become unpleasant. funerals missed, holidays forsaken, relationships destroyed, families broken. For what? This was my situation.

The pursuit of money, greed for want of another word. The question I ask myself often was was it all worth it? No, it wasn’t. if I had those 10 years again it would be very different. But at this point in my life, I can make different choices.

The expectations of what a “pro trader” is or isn’t are often open for debate on forums and Twitter. I have read some frankly ridiculous statements lately, About what constitutes a “Pro Trader”. How much they should earn to be classified as a Pro, whether or not they pay higher rate Premium Charge and even one first-class numpty trying to say that a true pro would never miss a Saturday trading. A true pro would be involved in the markets every single day, What a load of fucking shite!

You never hear me bragging about how much I do or don’t make. I have stated I am in Betfair’s’ higher rate Premium Charge bracket. You may see a few videos showing decent wins, and the odd screenshot too. But you will have also saw some videos of red screens from me. It’s all part of the game. You will have NEVER seen a Betfair PL shot of my account and you never will. Frankly, it is of no one’s business but my own. My credibility to teach other traders has nothing to do with how much money I make. My ability to explain how to do is much more relevant. Now I can wheel out 100’s of people that will happily testify that I can do that pretty well. The bottom line is this. Come to a workshop or don’t come. I hold 6 a year and that will never increase, currently, I have 20 people at a time. This is a number that works for everyone. It allows the interaction required, and I can comfortably answer every question asked. I often joke at the start of a workshop that no one is leaving until every question has been answered, even if we are still here at 9:00pm tonight! they are always full, without exception. I often turn people away.

In the last few years, I have made some pretty big changes in my personal life. I don’t want to detail them all, because they are personal. But there are some I want to share, because they may help someone reading this, both to understand a little more about me and what drives me as a pro trader.

My workshops and education have been a big part of things for 5 years now. I don’t write too much these days, and rarely make videos for public consumption. But I do have a vibrant community that I look after. I don’t trade every day, in fact, I have completely changed the way I work. I now have a diary where I allocate time slots to different tasks. So when I am answering emails – I answer emails, in that time allotted. When I am trading, I trade. But in the time I have set out. No more and no less. This structure means I get much more done, and I have my life back.

The result is I am very happy with my life now, I can do the things I want. I am happy to trade when I want to, and take time off to do other things when I want to. Trading supplements my life, it doesn’t dictate it anymore. Does this mean that I am unable to articulate how to trade to others? Does this diminish my ability? have I forgotten 14 years worth of knowledge and experience? Seriously?

If you feel you cannot escape from a life that is dominated by gambling or trading. If all you can think about is trading and money, please talk to someone, please reach out for help. I am happy to give my time freely to talk things through with you and try to help or advise some professional councilling. Trading is a fabulous hobby, and even a profession if you get good at it. But please keep in mind that there are things outside of this that are more important.Please keep this in mind. Stay safe.

Steve


Failure

I just want to add a few words about failure. Why do people fail? This can be applied to just about anything and not trading specifically.

Why do people fail?

  • The wrong environment
  • They do not have a strong enough reason why.
  • They do not follow the plan
  • The going gets tough……..
  • They are thinking in the short term
  • They do not feel the pain

The importance of a reason why

  • It provides clarity and focus
  • It helps keep you focused
  • It helps to motivate you
  • It keeps you determined

Does any of this ring true? just some things to look at. The list is certainly not exhaustive

Racing Workshops 2019 Update

TODAY ONLY: VENUE HOTEL HAS A SALE: ROOMS £29 FOR THE NIGHT BEFORE. IF YOU ARE COMING BOOK THE ROOM AND GET THE DISCOUNT PRICE, PLENTY OF WORKSHOP DATE AVAILABLE. PLUS A PAYMENT OPTION TOO. LINK TO HOTEL DEAL HERE https://bit.ly/2sfJNLO

ONLY VALID FOR 7TH JAN

Everything about the Racing Workshop is designed to give you in-depth learning about trading pre-race markets. You will learn how they operate, what influences them and why, most importantly, you’ll learn how you can profit from them.

Venue

The Village Hotel, Coventry

One of the areas premier hotels and usually very reasonable room rates for the night before our Workshops, we have a social evening on the night before where you can meet up with me and usually many of the others attending and usually, a few guys from the existing community turn up of a drink with us too. I have a discount code for the hotel that will give you 20% off if you stay.

What will you learn?

To begin with, you need the foundations every successful trader has; we’ll walk you through exactly what’s necessary for:

  • Good bank management
  • The ideal trading set up
  • The importance of good discipline
  • Effective staking

What’s next?

In the next phase, you’ll explore the trading screen, learning to identify significant areas and aspects you must pay close attention to, all helping you understand the shape of a market. These are the building blocks of pre-race trading which I will go over continuously to ensure you have a full understanding of what these are and what they mean. From learning these elements and signals the course moves to the next phase…

Formulating your trading plan

All the signals and pointers lead to helping you answer the next set of crucial questions; where is your entry point? Where is your exit point? What is the likelihood of success in this trade? What can impact your trade, good or bad?

Super signals

The penultimate part of the day concentrates on learning about what I refer to as “Super Signals”. These are events in the market that force significant odds movement. Again, you will learn and understand what these signals are, how to spot them, what they mean and why they deliver such great opportunities again and again.

Q&A

The day concludes with Q & A. Because I goes over all content in such detail and because questions are actively encouraged from the very beginning, there are rarely any questions at this point. The intention has always been (and always will be) that the workshops are highly interactive.

Support

Do not be under the illusion you can turn up to the workshop and leave as the finished article – this is very naïve. It takes patience, an open mind and a great deal of commitment to achieve trading success.

The workshop will lay some very solid foundations and provide you with the knowledge to put you on the correct path. Coupled with the structure and a plan you learn on the day and, provided you take time to practice, you will give yourself every chance of achieving success in pre race trading.

After you complete the course, you will receive an 8GB download link that has a huge volume of videos of races being traded. These videos are a much higher level than the ones you see on the YouTube channel. In each video, I walk you through exactly what’s being done and why.

From April 2019 I have changed the existing format to try to offer even better value for money and to increase the chances of your success. Included in the price of the Workshop will be ANOTHER 20+ GB of material. traded races, Q&A sessions, new strategies, daily reviews, stand alone masterclasses going over the key learnings from the Workshop. plus much more. Will keep you busy for days on end, plus a treasure trove of reminders and confirmation of the new skills you will be learning.

ON TOP of that I am going to give you access to my Skype community for 2 Months. let me say that 2 Months will fly by, and to get the best from the Workshop and extra help on offer, you may need longer. But it’s a good starting point to see if this is of value to you. Once the 2 months is up you can subscribe for just £25 per Month. Members get access to all new material, much of which is not public. Plus a bi weekly Q & A session.

MG Racing Workshops are £325 – Obviously there is an increase from my previous price. But you will be getting the most competitive price I have ever offered if you take into account what’s on offer. the reason I have made this change is because I feel that to give you the very best chance of success I need to give you access to everything I have from day 1. Most of my workshop attendees upgraded anyway. This just makes it easier and cheaper for you.

Do not be fooled by the competitive price, you will come away with no doubts about what is needed to become a successful pre race trader. The workshop is in no way ambiguous, there is no BS. Just honest, professional advice delivered in an informal and fun way.

2019 Workshops and payment options

April 8th 2019

May 27th (Spring Bank Holiday) 2019

July 15th 2019

You can book a place by using the PayPal buttons. Please ensure you close the correct date from the drop down menu.

To help with the cost I am happy to offer payment terms. This may be you want to pay a (£50) deposit and the balance nearer the Workshop. As long as the FULL Balance has been paid 30 days prior to the Workshop, I am happy to accommodate you. If you want to take this option, please do not use the PayPal buttons, just contact me direct at mugsgame@hotmail.co.uk

These Workshops usually sell out a Month in advance, places are sought after. Please book early to avoid disappointment.

To book a place please use the PayPal link. If you have not received a booking confirmation email with 24 hours please email me directly at mugsgame@hotmail.co.uk


Workshops



If you book and want to stay at the venue hotel, I can provide you with a 20% discount code. as with all hotels, the sooner you book the cheaper it is.

Betfair Pro Traders Event

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Pro Traders Event – In Partnership with Betfair

Announcing something that is not only exciting but unique within our community. I have teamed up with fellow well know exchange traders, Caan Berry and Mark Iverson, to offer you the opportunity to attend this groundbreaking event. This isn’t a conference; it’s so much more. We are delighted to tell you that the event will be sponsored by Betfair.

This is what we have planned.

The venue will be the Village Hotel, Coventry. On Saturday 16th February 2019. Starting at 12:30pm and running through until the lads cannot drink anymore and are removed forcibly from the bar.

You can arrive from 12:30 pm for registration, grab a coffee and take your seat. At 1:00pm we will kick off proceedings and introduce everyone.

There will be 1-hour presentations made by Caan, Mark and Steve where we give you some real strategies and tips about how to use them to make a few quid. Let us make something clear. This isn’t an hour of waffle. It’s sound, practical advice from people who know what they are talking about. In between, there will be breaks to let you get a drink, Bacon Buttie (all included in price) or a quick cigarette/loo break.

The last part of our presentations will be a Q & A session where the guys will answer your questions. There is no real time limit on this, so make sure you have a question planned. Our answers will be straightforward and honest.
At the end of the presentations, we will break for some food. We have spared hardly any expense, and have a nice little hot/ cold buffet for you.

After all this talking, we will be thirsty. So we invite you all to join us in our private bar, where we will let you buy us as many beers as you can afford. This is a great opportunity for you to meet people just like you. Traders. We all have this shared passion, but it’s hard to find people who understand what you’re talking about. Networking with others is a great way to exchange knowledge and form new friendships. The guys will be available to chat with all evening. So if you come, there is no excuse not to be able to ask those burning questions.

Betfair representatives will also be in attendance, they love to meet their customers and get their feedback too. I’m pretty sure that Betfair will be sending you away with a gift too.

How does this sound?

Make no mistake; this will be a hot ticket. Tickets are limited and will sell faster than if Led Zeppelin announced a reunion concert.

We hope you can come, and look forward to meeting you. You will be our guests, you will be treated as such. We will look after you and ensure you have a great time. We are all friendly and approachable guys and look forward to meeting and chatting with all who can come.

In Summary

  • This event will be at least 12 hours long
  • Listen to 3 Pro Traders talk you through real money-making strategies
  • A Q & A where you can ask your question
  • Lunch and Dinner Plus non-alcoholic beverages during the day inc in ticket
  • Private bar area not free unfortunately
  • A social networking event where you can meet like minded people
  • Enjoy some social time (if you want to that is) with us

How to get a ticket
There are a limited amount of tickets we can provide. We wanted to make this event as affordable as possible. So we can offer tickets at £150.

This is going to be awesome, can’t wait.

Cheers

Steve

To Book use link below

CLICK HERE

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Betfair VIP Event

A while ago Betfair kindly invited me to speak at their VIP Social event at the Emirates Stadium. So last Friday I ventured down to sunny London to take part.

There were a few other well-known traders taking part so I was in good company. I already had met Mark Iverson, who is a genius Cricket trader, and great fun to be with. But had not met the other guys. Chris Duncan, who was a founder of another exchange called Betsson. His trading is automated and he turns over £ million’s a week. Seriously impressive and thoroughly nice fellow too. The other member of the panel was someone who needs no introduction, Caan Berry. Although I have had several chats with Caan over the years, we have never actually met. I found him to be a very genuine guy who shared so much commonality with me. I immediately liked him and we spent much of the evening laughing. The other member of our group cannot be named for legal purposes or photographed. He is a bit like ‘The Stig” in trading circles. His identity a closely guarded secret. His is a software developer who’s product sounds a bit like “The Boy”. Anyway, he is a top bloke and the World’s biggest wind-up merchant.

We did a Q& A session with the guys who had attended, sharing some of our experiences and trying hard to answer the questions as honestly as possible. after the Q&A we were able to mingle with the VIP clients and get to know a bit about them. Very enjoyable.

They soon kicked us out, so we hopped back on the Tube and made our way back to the hotel. Found a pub opposite, stayed in there until they kicked us out and the retired to the hotel bar for a while longer. Was great to get to know Mark, Caan and he who cannot be named better.

Some of you may be wondering why I would be bothered to work with Betfair to put something on like this. I am very happy to share exactly why I got involved.

We all moan about things like lack of liquidity and crap markets. To trade effectively you need a product where you can put your money in and get it matched quickly. Whether that’s entering or more importantly exiting a trade. There are several exchanges operating now. But the amount traded every day is not increasing. What is happening is that money is diluted. It would be easy to argue that Betfair has bought it on themselves with their Premium Charge. I would agree with this to some degree. But to be honest, Betfair was such a great product when it started, there were always going to be other competitors who wanted to get their snout in that trough. They would find ways to entice you in. So any chance I get to help bring FRESH money into the exchange, I feel duty-bound to help if asked.

I learned a lot from this evening. I meet a lot of traders and I enjoy that part very much. Would being involved in a social evening like this be something you would enjoy? A chance to grill several Pro Traders and meet other like-minded folks where you can network and exchange ideas? Maybe something regional?

Please let me know your thoughts.

Cheers

Steve

Just to say I have limited places left for the last Workshop I am doing possibly until at least February. LINK

Read what Caan said about this in his latest blog post : https://caanberry.com/betfair-social-evening/

 

 

Be Careful What You Wish For

Be Careful What You Wish For

 

This post is a huge departure from what you will usually read. Especially coming from someone like me.

 

We get lots of emails from people of all works of life. Some very successful in what they do, others at the other end of the spectrum. The question everyone wants an answer to, that I always try to sidestep is “How much can I make a day”. It’s a question I dislike intently and I am usually intentionally vague.

 

For us, learning to trade is about execution. Learning the basics, the building blocks that will enable you to scale up your stakes to a point where you are comfortable. This is a long and arduous journey. It doesn’t happen overnight. It’s down to knowing the signals, then applying them over and over and over. Until it becomes natural.

 

Knowing the signals though just isn’t enough. You need mental toughness, resilience and discipline. In my experience, the traders who “make it” are the ones that want it the most. They are determined and never give up.

 

But once you reach that Nirvana and are on that glorious path to untold riches, that’s not the be all and end all. We are told constantly by the betting industry, “When the fun stops, stop”. It’s the strapline at the end of every advert involving any bookie. You see the gambleaware logo everywhere too.

 

To be honest with you. I don’t think many bookies give a flying fuck if you “put gambling before your mates.”

 

Gambling or trading (same thing) is destructive, make no mistake. That applies to when you are winning or losing. Ok, it’s better when you are winning, at least you can pay your bills. But winning brings its own issues.

 

If you are making £1k a day, after a lifetime of struggling to make ends meet. Would you readily give that up to get dragged around B&Q on a Saturday afternoon? Or to have a day out with your mates on your Motorcycle or go to a match?

 

There are massive choices to be made when you embark on this journey. Have I got the mental toughness to endure the hard times? Have I got the strength to resist temptation when the good times arrive?

 

If you can identify yourself with something I have described here and feel alone or don’t know what to do. Get help! Whether that is through the gambleaware.org website or give us a shout (in complete confidence) it’s good to have a friend who can identify with your problem.

Stay Safe and Green – Steve

 

https://www.begambleaware.org/

Happy Anniversary To MGW

It’s an emotional day for me today. 4 years today since I ran my very first Workshop.

Since then I have had the pleasure to have met over 500 aspiring traders and hopefully helped them on their journey to improve their trading. I guess it’s a testament to the community that exists that I still have 3/4 of that original group with me now. I call them “Originals” . That’s not very original, is it? 🙂

The friendships I have made have enriched my life in many ways and the “business” side forgotten.

This post isn’t about me, it’s about all the Ladies and Gentlemen who I have had the pleasure of meeting, sharing a drink with and often part of their lives. If you share your life with others on a daily basis the connection can be profound. We experience every emotion, from the joy of a new arrival in the family to the grief of losing a loved one. Illness, divorce and even death.

It puts what we do on a daily basis into some sort of perspective. It’s not all about Betfair or money. Not for me, it isn’t anyway.

I am an emotional guy. I am a straight shooter. I say what I think and wear my heart on my sleeve. One of my not so good traits I’m sure.

I want to take this opportunity to thank every single person who I have met on this journey. It’s you guys that keep me awake at night, it’s you guys that keep me going.

Who knows what the next year will bring. I wish you all the very best of times and good health.

Cheers

Steve

Cheltenham 2018

If you are a regular reader of my blog, you will know that I always post something up about Cheltenham. I am almost like the Anti Christ here, and really don’t want to pour cold water on what Racing fans know is the greatest racing spectacle on earth. I am coming at this from a trading angle, not a betting/gambling angle.

So what is “Cheltenham” and why do we hear so much about it?

Cheltenham is an annual event, it runs over 4 days in mid-March. It is the climax of the National Hunt season and if it was held in the USA they would call it “The World Championships”. It is a festival of racing and a massive social occasion too. There is a massive rivalry between the Irish horses and the UK runners. In recent years the Irish have certainly had the best of it.

Why are we hearing so much about Cheltenham? It seems everywhere you look there are people jumping on the “Cheltenham” bandwagon. It’s one of the few times in the racing calendar that the mainstream press mention horse racing.

Bookies have “offers”, mostly to get new customers coming at you thick and fast. A Matched Bettors heaven.  I don’t want to drone on too much, so I’ll cut to the chase.

The racing is on the face of it very competitive, big fields and often the favourite is in close to double figures. Depending on your style of trading this can be good or bad. For us swing traders, it’s mostly bad. On the upside, you can get huge amounts safely into the market. But bad, because, it possibly won’t swing 20 ticks.

You will see seeming impossible amounts of money that you are in a queue behind, but this money gets matched much quicker than in a normal race, so it sort of evens itself out.

If you like to turn over large amounts in what can be stable markets, then this is for you. If volatility is what you trade on. Then, by all means, give it a go. But you may get frustrated.

What I am attempting to do with this post is manage your expectations. I guarantee that Twatter, Facebook and every blog you read will be full of stories or daring do and huge profits. For most of you, the week will be a disappointment. That’s because the Cheltenham frenzy has raised your level of expectation so high that it will be almost impossible to reach.

Enjoy the spectacle, it’s the best week of the year, but it’s not all about money. The fear of missing out will rear its ugly head for sure over the next few days. Go in with low expectations and it will be more enjoyable.

Steve @itsamugsgame

Jon @headgamestrader

Just a quick note to say we still have a couple of places left on the next Workshop on 26th March. You can book here http://www.itsamugsblog.co.uk/2016-racing-workshops/