How far into this trading thing do you want to delve?

There is a wealth of freely available advice and opinion out there in blogland, and since starting this blog I have spent literally hours reading loads of postings on various blogs. Many blogs, like mine, are essentially documenting 'the highs and lows' of trading full of (semi?) success stories and tales of woe with a P&L analysis along the way. These are my favourite blogs as they reflect, I suspect, the experience of the vast majority of traders.

If you want to delve a little bit deeper into the subject there are also lots of blogs that analyse trading / betting in a lot more detail. Some of these are VERY heavy duty reading. I'd like to think of myself as a reasonably intelligent man, but I am certainly no mathematician. Despite reading some of these blogs many times I must confess that I still don't really understand all the maths! One thing that does come across though is that to succeed long term you need to study the markets, study the way in-play prices move, and actively seek trades that represent 'value'.

If, like me, trading is nothing more than a hobby for you, you might find these blogs heavy going. But my advice is to persevere with them - these people give freely of their time and expertise - it would be foolish not to consider what they have to say. To get you going, three which I have found really interesting and worthwhile to read are Cassini's Green All Over, Graeme's The Football Analyst (very intense but stick with it!) and a relatively new kid on the block in Paul's Betting Algorithms - particularly if you have an interest in building and developing bots.