Monday, 9 March 2009

6th - 8th March - Total Profits £674

Friday - two goals by two underdogs made for a loss of £148. For a while now I have been frustrated by the two steps forward one step back that has been happening and it made me re-assess how my trading has been going. I looked back to the fun times and the seemingly consistency and asked what has changed - I knew the answer but read my blog from January and the thing I have changed is that I have pared down the types of trades and markets to basically Under 2.5 and only trading on the draw in the match markets - looking back when the side I expected to go into the lead does take the lead I would check the odds and have open back bets on them and benefit from a second goal with the option of trading out if the opposition looked liked scoring. Nowadays, when the first goal would go in I would just close the market and stop trading.

So with a renewed trading style, I decided to go again but reverting back to what I did previously.

Saturday - £65 profit and I have starting enjoying myself again.

Sunday - Still going well £28 up and happy with what I am doing, so I tried to do something different, a lay bet on the underdog and fairly happy with the decision until an uncontested cross, met by an unmarked header to a goalkeeper who has come off his line and fails to make the cross miserably and suddenly It's looking like a £75+ loss. Now not sure what to do - my plan was to keep the trade in play as the favourite side would equalise - however the favourites (Braga) were playing shit and wouldnt score if they played like they did in the first half but on the plus side they couldnt play any worse and the manager would kick them into action for the second half - not sure what to do and no guarantees, I took the loss for £70+ and started trading - it took 8 minutes for Braga to score.... So I watched and within a minute the worst side scored again. I reduced the loss to around £35 by the end of the match. With a couple more matches left for the night I traded on them and turned the £7 loss (£35 loss less the £28 gained already) into a £3.50 gain for the day.

Monday and Tuesday - not sure what football is available (none on the box for Monday) and I am going out Tuesday so will miss the Champions League on Tuesday - Not sure what (if anything) I will be doing for the next two days.

Results

Friday -£148.08 -12.46%
Saturday £64.79 6.23%
Sunday £3.65 0.33%

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