Tuesday, 3 May 2011

Discipline and taking the green!!!

Hi Folks,

Well yesterday was a good day as I traded the tennis and the football and managed a small profit of £9.64.

However, tonight was a different story. I seem to have the discipline in the tennis but not in the football.

I traded on the Garcia-Lopez Vs De Bakker game when I got home from work and hedged out after 10 minutes for a nice £6.63 profit. However I did not keep my discipline for the Barcelona Vs Real Madrid game. I laid the draw before the game and also laid under 2.5 goals before the game. However, when Barcelona scored I did not hedge out of the match market for a profit of £3.40. Instead I stayed in, thinking Barcelona were in total control. Then when it went to 1-1, I could of hedged out of the 2.5 goals market for £3 profit, but I didn't. Instead I stayed in both markets, sure that another goal would be scored. And ended up losing £49.02.

So overall for the day I am £42.39 down.

Happy trading

2 comments:

  1. Hi Gareth,

    Been there myself mate, no matter how many times I tell myself not to do it I end up staying in the bloody trade for a few more quid and end up getting burned. You are not alone fella!

    http://red-to-green-machine.blogspot.com/

    Thats my blog, would be cool if you could follow as I don't have many.

    I enjoy reading your posts

    Kind Regards

    Pete

    ReplyDelete
  2. Hi Peter, thanks for the comments, much appreciated. I have tried adding your link, but for some reason it won't let me. I will try again

    ReplyDelete