Profit graphs – Visualising data on Bet Angel

01/02/2015 | By | Reply More

One ‘trick’ I use with Bet Angel uses two ‘hidden’ features. It has help me improve my trading no end, especially on unfamiliar sports.

The two features I use are the Excel link and the automation. They both work in the background for me while I trade, or even on another machine to collect data on a market I may or may not be trading.

What they are doing is pulling in data from the market I am trading which allows me to analyse my performance or the key trading points in the market. Regardless of how I traded during the match I’ll look at this data afterwards and make notes which I can carry forward. You will often see me posting these graphs.

In the first graph I am more concerned where the key profit was during the market. You can see I’ve circled the top and bottoms of the market, but if you glance to the left you can see the swing in profit or loss that occurred with a fixed stake.  It’s a good illustration of the benefit of trading. The market settled from a betting perspective in the favour of one selection but you had the ability to profit on either several times.

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The second data set is more concerned with how to trade the market and where the key profit points were in terms of the total opportunity available in the market. By that I mean imaging squashing the first graph to the left and adding up those swings. That gives you the total opportunity and where it would have been best to trade in and out.

Looking at this data allows you to understand where the key points were in a market and where to find them in future. All you need to do them is nip into the market in front of it. But that’s easier than it often sounds!

But that’s why half the features in Bet Angel exist. We didn’t make it up for a marketing excuse, they are used actively in the market and have evolved over time and will continue to do so.

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Category: Trading strategies

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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