Me,me,me,me,me,me

I guess you would be thinking with a title like this, that I have decided to write a post all about………..me. So I can remind you just how great I am. A great trader, a jolly fine chap and all round good egg. Sorry. It’s not that.

One of the proudest achievements in my life time is a by product of trading. My education business. It’s what takes up most of my “working time, it’s what drives me on and it’s something I am very passionate about.

Over 5 years ago when all this started, I never imagined the effect on my life it would have. Although I would say I “fell in to it”. Once it started I put my heart and sole into it, The people who stay usually stay a long time, and when they do move on, almost without exception get a lovely message.

So when new people join us, join our “family”. They get a warm welcome and fit seamlessly into the group. I am blessed with having some amazing people with me. The enthusiasm they show keeps it all going. It never feels stale or out of touch. There is never shortage of challenging questions to answer or problems to fix.

The big benefit to new people though is they get to tap into all this experience. I often say to people thinking about joining us. “It’s not about me. It’s not all about Steve Howe”. Yeah, I set the tone, the culture. I steer the ship and provide the guidance and answers to the tough questions. BUT, and it’s a massive BUT. I genuinely feel that if you are at the start of the learning journey, picking up a new strategy. The people best placed to help you are the ones who are 2 months, 5 months or even 12 months further along that journey. the issues you will face are fresh in their minds, the challenges are raw.

I wanted to write this to pay tribute to my community. I wanted to let the World know how awesome THEY are. It isn’t, never has been and never will be all about ME.

Webinar 31st July

You may know that I hosted a webinar in June. Just some basic principles that I apply to my own trading and I wanted to share.

The webinar was a great success and the feedback I received was overwhelmingly positive. This has inspired me to hold another one.

I have cleared a space in my diary for Wednesday evening 31st July 2019

What I found during the last webinar was the amount of questions that were flying at me. Mostly random. It seems that many of you have a thirst for information.

I would ask that if you wish to take part that you simply subscribe to my email list. Due to the GDPR rules Aweber who host my email subscriptions will send what is known as a opt in email to confirm you want to receive emails from me. I cannot resend these and you will need to confirm once you have subscribed. These will almost always end up in spam, so be warned.

A few days before the webinar I will email my whole mailing list and invite you to register with Zoom for the webinar. Places are limited.

I invite you to email me at steve@itsamugsblog.co.uk with any questions or topic you would like me to discuss. I will do my best to fit as many as I can in. I will as always answer with honesty and a smidgin of humour.

If this is something that interests you. Make sure you are on my mailing list by next weekend 27th July. If you are not sure if you are, simply drop me a line at the above email.

Lets get these questions/ Topics in!

Cheers
Steve

Ask Steve Question about the accu​racy​ of odds.

I have a really interesting question from Plamen.

 Do you think that the money we see in the last three odds 1 minute before kick-off / at the Betfair / can give us a guideline what are the expectations for the final result?

It’s a known fact that over the long term that Betfair closing odds (or Betfair SP BSP) are highly accurate. But this is something we discussed in the question about overbet runners. LINK

However, in Football there is a more dominant bookmaker. That’s Pinnacle.
Pinnacle claim that if you can beat their opening prices by 1.5 points you win in the long term.

My answer here may seem a bit lazy. But to be perceftly honest, if you can find reliable and well written information from someone who knows more than you about the subject in question. It would be wrong not to bring attention to that.

So first is this article may Pinnacle themselves Market Movement in Betting
The 2nd link is from Football_Data.co.uk Article I though it was very well-argued and very useful.

I hope this helps understand your question. My thanks for asking it.

Cheers
Steve

Persistance​​​/Support/Knowledge

As an established educator of aspiring traders, I am in the privileged position of having met hundreds of traders from every walk of life. From City bankers to emergency service workers, from armed service personnel to mum’s trying to learn to trade and juggle 3 jobs and look after a family.

There are many factors against us while we are trying to learn this difficult skill. Some can be easily overcome. Others not so.

I have a strong reputation for “saying it like it is”. So I have never positioned myself as someone with a magic wand that can miraculously turn you into a pro trader if you spend a day with me.

Now, there are lots and lots of pieces of useful information and hacks I can give you to improve facets of your trading. All have a value, and if implemented will make money. Or at least help you stop losing money.

I realise I have a skill that means I can make something that is pretty difficult to look very easy. I get told this daily. But the truth is. The nuts and bolts of pre-race trading are really not difficult to grasp. I teach them at a workshop, and due to the style of teaching, I am confident that nearly all the attendees understand the signals that drive a market. But this is just the beginning.

For the best chance of success there are a few more ingredients that are needed.

  • Screentime
  • Patience
  • Mental toughness
  • Tenacity
  • Knowledge
  • Persistence
  • Support

I can give you some of these items, but what you have inside is very important, as are constraints on your time.

All of the above are important, but I believe the 3 that you need above all else is knowledge, persistence; That never give up attitude and support. Support from someone who knows what they are talking about and can guide you down that dark and sometimes lonely road.

If you think that the person to help you on this journey is me. You are welcome to book a call with me and discuss what might be best for you. THIS IS NOT A SALES CALL
Just an opportunity to chat with me informally to see where you are at and if I can help you.

You can book 15 minutes of my time free of charge and without obligation,
calendly.com/steve_mg

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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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 Trades 27th March & Racing Preview Video – Evening Review

If you want to see how to get the best out of my trades see HERE

Back2Lays

Wetherby 4:30: Rebel Swing: 7/1 for the arbers: 8.6 stop loss 10.5

Southwell 5:30 Al Amaan: 3/1 4.3 stop loss 5.4

Lay2Backs

Southwell 3:35 LAY Hanna Turn @ 1.9 stop loss 1.77

 

Evening Review:

First I’ll rip though the racing trades. Hannahs Turn was a nice drifter went out to around 2.2 before coming in close to the start. I got out easily at 2.14 to make £23 profit.

The first Back Rebel Swing looked unlikely to get matched at one time. But even close to the start 8.6 was availablr. It flirted with that price before moving down a few ticks to make £12.

The 2nd of the backs looked promising, it went in as low as 3.85 before bouncing. I closed for a 2 tick profit as I could see the favourite was being backed in. It made £4.

Overall not too bad, the daily profit was nearly £40.

I think the preview video through up a couple of gems.The 1st one I mentioned Special mix in the 2:20 was a drifter unfortunately, but 10 – 12.5 is not the end of the world. Global Flyer in the 2:50 Weth went from 10 to 7, Neptune Equester was backed as soon as Brian Ellison had winner in the 2:20. It cam e in from 4.2 to as low as 3.45. It drifted back out before the off. But went on to win.

My fancy for Rylee Mooch in the 4:05 Lingfield was well founded. It was backed from 4.9 into 3.8.

If you think the preview videos are worthwhile, and you get something from them, please vote on the poll in the sidebar. If you think I am wasting my time, your vote to say they are not helping you would also be appreciated. The pools are a good way for me to see what my readers want to see from me. Cheers MG