Daily match picks

Daily match tips

First day as a full time trader

**This was originally posted in 2010

Well here we go. Its not often you get a chance to follow a dream so what I have to be careful of is keeping discipline and not getting carried away.

6:45: Got up to take my daughter to work, getting back just after 7. Sitting in the kitchen with a coffee it still didn’t seem real. This isn’t a holiday. This is it. The ultimate in performance related pay. I didn’t feel nervous. Didn’t feel anything really. Thats a good thing surely? Business as usual. We’ll see.

7:30: I sat on the sofa with the laptop to write the blog. Scanned over the list of matches looking for a couple of suitable  matches. Checked out the stats on Tennis Insight and ATPworldtour. Loads of matches running from 10am to 5am the next morning. Going to be a busy day!

Answered  a few emails. Quite a few good luck messages which was nice. A couple of sales of the Trading Guide so at least I have made 50 quid!

Deleted the 150 spam comments on the blog. Why do they bother? Most of them are from the same bloody person!

9:00: My wife gets up. She is on day off and I have agreed that on her days off I will trade from the bedroom and not come downstairs until the evening ( as if I was at work). She doesn’t get much time to herself so I totally understand where she’s coming from. I will probably be trading upstairs anyway. I move the laptop upstairs and set up the fan as its so hot.

The new 17inch laptop fills my small computer desk. I have 2 monitors and hook one of them up to the laptop to give me more room.

9:30: matches start at 10. I check out who’s in the chatroom. Not many in but its early yet. I decide to try to figure out a solution to the problem I have been having with the keyboard on the new laptop. It keeps missing keystrokes. I make plenty of typos anyway but this makes me look like a retard for god’s sake!

Google throws up a possible solution. I need to make a change to a registry entry. Not long to go before the game starts. Maybe I should wait. Nah it will only take a couple of minutes. As it turned out I didn’t read it properly and managed to disable the keyboard!! 15 minues to go and I’m running system restore………idiot!

10:00: The keyboard is back to its original state. I’ll sort that later.

The first match starts. WTA. I normally scalp womens matches as they are so unpredictable and lay the server when the match looks right. Not really sure what I was doing  in the first 2 games but I came away with a combined total of 3 quid! More importantly they took up the whole morning. Not a great start. I had lost discipline as I had opportunities to take acceptable profits but got greedy. Newbie errors!!

Having given myself a talking to things started to fall into place. I was taking moderate greens but they were adding up.

Its good to get that first day out of the way and out of my system. I would have been very suprised if I hadnt had any reaction to the situation and at least it didn’t cost me anything. I came away from the day with around £170 so its hardly a disaster. Anything over £100 is ok but I’d prefer to be over the £200 mark each day.

Hopefully I will start my second day the way I finished the first. So much of trading is in the mind. I have a very strong mind and my discipline is (usually) pretty good but I’m human.

All in all a decent first day. Oh and I managed to sort the keyboard issue. Well, I think I have. We’ll find out in a while in the chatroom!!

   
Tennis Trading Course

First day as a full time trader Read More »

Which Sport is the Best to Trade on Betfair?

The answer you get to this question will vary a little but the vast majority of people who know what they’re talking about with come with one of the following:

Football,Pre race horses, Tennis or cricket.

One of the main reasons for this is that a lot of people trade these sports so we have plenty of people to match out trades/bets. Probably more people trade football than any other. That doesn’t mean they do it well! The pre race horses are popular as the trading session is pretty much the same times every day.

Tennis and cricket have the advantage over football in that the market isn’t suspended for significant events during the match. In football Betfair suspend the market for:

A goal

A penalty

A sending off

Unfortunately as the market is often controlled by a live “suspend monkey” the market can be suspended if the chimp thinks it was a goal when in fact it hit the bar or the side netting or didn’t cross the goal line. They will also suspend if a tackle in the box may lead to a penalty or if a challenge may result in a sending off.  It can get quite frustrating.

It won’t surprise anyone that I think tennis is the best sport for trading but it’s really down to personal choice between tennis and cricket. There are more usable markets for cricket matches whereas for tennis you are often best to stick to match odds. Smaller tournaments have very few alternative markets.

Tennis matches can turn around very quickly and a player can seem to have a set or a match sewn up only to throw it away. We see plenty of excellent trading opportunities.

If you’re thinking of trying tennis trading have a look at my Trading Course. There is loads of useful information for the new tennis trader. You don’t need to be a tennis expert to trade it although basic knowledge of the scoring system is needed.

If you buy the course you get my Trading Tips email free for 10 days which will give you match previews and advice on how to trade each match.

If you have any questions on my service or on tennis trading in general please email me on tradesharktennis@gmail.com

   
Tennis Trading Course

Which Sport is the Best to Trade on Betfair? Read More »

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