I mostly trade stocks/ETFs and not futures so I may be missing something, but why do brokers produce clean gain/loss record keeping for stocks and ETFs, as well as individual buys/sells in transaction history, but for Futures it's just a daily or monthly pdf that's not easily copy/pasted.
It's...
This is a helpful comparison. Do you think steam chasing is really that similar to momentum trading though? Usually steam chasing works because you can find more favorable odds at sportsbooks that are slower to update or react to news faster. Isn't this opportunity mostly already tackled in the...
Thanks. I'm not a total beginner in terms of following markets, economic and macro knowledge, and familiarity with brokerage accounts but I'm pretty much a beginner in learning how to develop edges or a strategy for the markets. I have experience with risk management, sizing, and am comfortable...
I think there is more low hanging fruit in sports betting. It is much easier to find obvious arbs or mispriced derivatives than finding ways to outperform in the market but many of these opportunities are not scalable enough. Again, limits and account restrictions are part of the issue. However...
I feel like I haven't been at it enough to fully compare the two but that's my perception so far that it's very different. For me it's that sports betting is betting on individual events and the market is continuous, it seems very rare to have events where stock is worth x if this happens and y...
Appreciate all the responses
There are lots of edges in sports betting, but yes most sportsbooks will limit or greatly restrict you if you win. And many edges are not scalable. That's why I'm here.
My limited experience is just in buy and hold stocks/etfs and short term and day trading...
I have been a mostly independent pro sports bettor for the last 3 years and have been trying to transition to trading more recently.
I am interested in any recommendations for content or any other websites, forums etc. where the overlap might be discussed. My guess is with legalization of...