Hello, today was a bad day for Benfica's fans (me), Oporto is the winner of 2010/2011 champioship of the Portuguese league. They deserved it. They were very consistent. No losses till now! We still can win Europa league so nothing is over. Good luck guys!
Today i'd like to give you some tips if you want to grow your bank with less risk, or if you are beggining trading in tennis:
- Trade only ATP. Study players to use "back the server" for example.
- Just trade 1st set.
- Trade games with known players.
- hedge and leave the game when you reach - 30 %.
- Dont trade games that have odds that you were not expecting.
- Dont trade games with players that were injured lately.
If you would like to control greed, one way is to start the week always with the same money, and get it to your bank account in the end of every week.
For example: If you think 50k is a good bank, start every week with 50k and in the end of the week get the money you added to your betfair account to your bank account and start the next week with 50k again.
Like Tony Oz says in his book, The Stock Trader: How I Make a Living Trading Stocks, "friday is payday"!
If you like to read books and you like trading, i think you are going to like this book. This book describes one month of full time trading from the author. If you in some way believe that cut your losses with a profitable strategy will not lead you to a profitable month just read it and notice how the author applies the exits of the strategies religiously and profit in the long therm. You can find the book in the internet, just google for the pdf.
Hope you like to read the post.
Comments are welcome
r9
ps: Nadal's game was a great game to apply my strategy for 2nd and third set. Unfortunately i had to leave the game in the end of the first set.
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