Today's trading was good, apart from a loss on the Tennis market (Murray Vs Federer). I had worked out my strategy to back the server, as both players had around a 88% success rate of holding their serves. Oh this went wrong! Backed Federer at the start at around 3.4 for £8. I was looking to trade out at around the 2.8 mark with a tidy profit but Federer went and lost his first game to enthusiastic Murray. I traded out at the end of Federer's game because i felt that on the form Murray started at there was no way he was going to lose his game, which he held comfortably. I managed to scrape back some of my loss, the game was stopped for around an hour due to rain, so i chose to stop and take my loss then. I knew i wasn't in the right mindset so i chose to take my loss, as some singer said "On to the next one!"
Had a good day on the horses profiting from 5 of the 7 i traded and managed to make or lose nothing in the other two. I'll take them all day! I made sure i stuck to all the rules i have learnt from starting to trade and by doing so this put me in good stead. I also managed to up the stakes when i felt i could, I'm confident now in using bigger stakes and if i get into any trouble i make sure i get out asap!
Traded on the Arsenal/Liverpool match. First off i layed the draw as all of there matches in my recent memory have all had goals in, i also checked out there head to head stats using this site > http://livescore.football-data.co.uk/ I have a few other websites which i also check, i will make a link on the right with some more useful ones. I traded on the correct score market making quite a decent profit and i also traded on the under/over 2.5 goals market. I'm starting to get the hang of it all now with all the different markets. It got to half time 0-0 and i was tempted to cut my losses but i was sure that either team would score second half especially after Joe Cole seeing red! However in the future i will have to take into account the 10 mans team's defence, as Liverpool looked solid and somehow Ngog banged one in so i managed to trade out with a small profit but was happy to take this as i knew Arsenal would buck up their ideas. (I'm a Arsenal fan having been born 20mins from the ground and I'm sure I'm not the only Arsenal fan saying this right now, but please god Wenger sign a keeper! Almunia makes me nervous. Shay Given perhaps!!!?)
So even though i didn't manage to make a big profit on the lay the draw method i did manage to make a small profit on the other markets. I'm certainly looking forward to the premiership this year :D. Am going to be trading on the Man Utd/Newcastle game tomorrow. I've got a little routine now before each match in order to work out what markets i am going to trade on in-play, goes a little like this:
1) Head to head results
2) Recent results (depending on opposition this can be a eye opener)
3) Current betting odds
At the moment i am liking laying the draw, especially as it is the start to the season, teams want to prove themselves and this can lead to mistakes, and mistakes can lead to goals :) (just like Reina showed today!)
That's me for now, Oh on the PGA i managed to make a profit of £10 trading out all positions in play as Jason Day managed to have a cracking start, but i assumed that he couldn't stick it with the bigger boys so i traded out. Have just seen that its gone into a playoff but there is some issue with someone being disqualified! Looking forward to finding out whats going on!
Good trading people. Hope this week serves you well!
Current Bank: £64 (just waiting for the golf to finish to cash in from that)
(Tip of the day: if you are just gathering info on trading, i strongly recommend that you just throw yourself in to trading. Start off with small stakes and just learn from your mistakes. I'm still on a steep learning curve but i see it just like learning to swim. If you don't get in the water you will never know if you can do it. Good luck)
Hey Steve,
ReplyDeleteDone that for you mate. Look forward to having a read of yours. Getting into football trading now for the new season, loving it!
Look forward to reading about your good times! (and lesser bad times!)
Kieran