1st Trade

After any loss i closely analyze the cause or causes behind it (Though it's true that win on every game is not possible but still find cause/causes for any defeat is very important for future to keep loss to minimum).

>Whether it's due to volatile market trading ?

>Whether it's because of backing short odds ?

>Whether it's because of ignoring stop loss ?

>Whether it's because of refuse to green up ?

>Whether it's due to weather ?

>Whether it's due to batting collapse ?

>Whether it's due to early involvement ?
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I find the last one most reasonable cause of defeat in today's match along with some other causes (batting collapse & rapid market movement) which were frankly not in our control.
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Early Involvement :

It's true that if you involved prematch then either you are thinking that there is good value in any selection almost as a straight bet or there is very good trading opportunity.

But it sometimes proved very wrong if that trade goes against you like today.

I know most of the professionals don't prefer to enter at start.They like to wait and watch few overs first if we talk about cricket and then consider when to enter and at which odds.

That's why title of this post is '1st Trade' which i think is one of the most important part of trading.

Normally if first trade goes well then there is always chances of decent profit in any event but if first trade hit stop loss or goes against us then we are on backfoot in remaining match.

So this post is all about what we learn from our losses and how we can minimise our loss in future.

I hope lesson learnt today and apart from test matches involve prematch or early in the match may prove dangerous in other formats of cricket.
Yes if there any short odds favourites around 1.3x then we may consider involve prematch with strict stop loss.
Waiting for your valueable comments.
All the best.