|
When to bet
One of the biggest dilemas for punters is when to take the price. Its always nice to be sat on a bet and see the odds coming in but the flip side of this is being on odds only to see it drifting.
One way to restrict this fluctuation would be to use pound cost averaging. The principle behind this being you place equal stakes at periodic intervals and thus get the high and lows of the prices and average out somewhere in between.
A quick google search would explain the principles of pound cost averaging and how they are so effective in financial investment. Previously apart from the professional punter this way of staking would have been a no-no because of the time involved but now with the various trading tools available to all its feasible for everyone.
|