England v South Africa ,4th Test

Hello and welcome back.

This test match is going to start from tomorrow.Dead rubber and weather means draw heavy favourites but i don't think it will end as a draw.
But still i'm not laying draw because i may get 1.7x very early.
So wait and watch game.
We are covering this test in live trading room.We profited in 4 test matches in a row.
Although there were some losses also and when i carefully examined the results (2 main losses) i found :

1.Loss at value :

Well in 1st test of this series (Lord's) England were value at 1.5+ on day 4 but SA batted exceptionaly well.

2.Refusal of green up position :

In one match our book position was really good but we didn't green up at time and eventually loss in end because of unexpected result.
This was the first time when i think of let win trade run logic but it failed.
Frankly stop loss or let win trade run debate is always going to bother traders but imo try to take profit or cover liability whenever you get chance especially in a volatile market.



Anyway we bounced back very well after these defeats.
What we learn from loss is most important because that is the first step of profit.
Small consistent win are important than one big win followed by almost equal loss.

Now we've adopted a strict money management and i hope from that we may prevent big loss in future.
Also i noticed that we suffered loss mostly due to 4th innings trading.

Test matches are very good for trading in first 3 days or first 3 innings.
There is big chances of volatile market in 4th innings or last day of the match.
Let's hope enough lessons learnt and from that i can say we may not suffer any moderate loss in future fingers crossed.

If you want to join us in live trading room then visit tradeoncricket.com for details.

All the best.