Wednesday, October 24, 2007

Hottest Tip For Trading Sports

Monthly P/L +£1487.8
Traded on least matches this month since start of blog.Busy days so obviously less 'Inplay posts' also.
As i said before i reduced my stakes to make me comfortable most of the times.Biggest profit (around 800) this month came in 2nd Test match between South Africa and Pakistan.In that 'Best Free Lay Of Month' which was South Africa at 1.4x in their 2nd innings i found.Because there was no reason that it may shorten more than 1.40 till SA bat.So it was almost 90 overs free lay and eventually drifted to 1.9x in middle.
Rest is of ODI matches with loss in 2 and profit in 4 matches and net P/L of one-days is 680.5 but good thing is that loss was not more than 150 in any match.
Bad thing is that loss in those matches came because due to shortage of time i involved at death with no planning.Anyway losses has always excuses and the main thing is what we learn from them.
Coming to the main topic 'Hottest Tip' :
I nowdays applying it on all cricket matches in which i trade and that is while seeing matches live on T.V i switch off the volume means no sound (mute) and it is working well from trading point of view by:
1.Cool and comfort>it is more in crunch/tense situation in match to make plan.
2.F3 Gland>Fear,fight and flight or adrenaline effect is less without sound like when you see any wicket or four and six in match and that is going against you.
Main thing is mind is more relaxed while we are not listening crowd roar or commentators rubbish hence chances of wrong trades are decreased because you can asses situation and make better plans while trading on sports.
It has a psychological impact and i think this tip will work on all sports.Try it and then tell me results.
All the best.

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