Just thought I would post a quick update with respect to the tennis trading. I have had some time off work recently, so I have been able to trade a fair few tennis matches. I mentioned in my last post that I have a great strike rate for my tennis trading, however, I was not making much money because I was letting losing trades run too long. I decided to reduce my stakes to £5 and look at a set stop loss point and sticking to it. Since then I have carried out 44 trades. I have made a profit on 40 of those trades. More importantly the 4 trades I lost, I obeyed my stop loss. So, overall for the 44 trades I have made a profit of £45.91.
I continue to trade with £5 stakes until I have carried out approximately 100 trades or so. Then when I feel comfortably I will move up to £10 stakes.
Hopefully I can keep it going.
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