Tuesday, August 7, 2007

Selection,Timing And Exit Point

Daily P/L +£57.4
Mouthly P/L +£1137.1
Yesterday Pro40 cricket match between Gloucesteshire and Sussex was among few odi matches in which bat dominate ball most of the time.Although it was LJ Wright Sussex batsman who alone dominated Sussex chase.That was one of the best innings in recent time.I was in mid of the Sussex chase around £500 green on Gloucesteshire and £200 green on Sussex,So what went wrong that i finished with only £57 profit and even escaped red on Sussex?
I asked this question to myself and i find that though i plan ok to trade match(As Mentioned Inplay Post) in Sussex chase(Selection,Timing) but my exit point selection was poor.I may ended around £350 green any result.
Exit point is even more important when you are red any result.So i will try to impose some more strict rules on "Selection,Timing And Exit Point" on myself.
P.S.....
Good 'Free Lay' of the match was when Gloucesteshire batting and odds was 1.2 to lay around 30 over.Due to some pending work i decided to trade only in one inning that was Sussex chase and really i missed this good Free lay.

2 comments:

Anonymous said...

hi dip

great blogg!! keep up the good work. i will be reading reguarly as i also use this system of laying batting side when odds are low.

dip said...

Hi Wayne,
Thanks for encouraging words.Ya laying batting side in low odds with analysis of match situation at that time often results in good profit.
And the most important thing related to these lays are back plan in advance that if i layed any team at 1.12 for 2k then what will i do if odds drift to 1.2
or 1.3
Sometimes we become greedy and wait for more upward move.My advise and try both is to stick to plan.By doing so we can get good results.