Week almost over..

very busy week for me, for you too? Relax for 4 minutes...listen a masterpiece

good trades
r9

Backing big favs?/ Classes info/ free time section

Hello traders,

one week ago i was in ts chatroom and i said i was going to back a very big favorite and someone in the chat asked me and was a bit confused if there was value on doing it in the long term. The answer to this question is simple. It has as long as you have a predetermined exit for the trade. Its is possible to profit in long term going in big fav games.
Imagine that you have a player with a odd of 1.25. If i know that the probability of reaching 1.15 is bigger that reaching 1.35, we can take advantage of it and build a simple systems. This is just one idea ;P
Every match is different and its important to build indicators. The price is not enough. Of course you will want to back a good and consistent player, an example of an indicator.

Have some people interested in trading classes and would like to share some info about trading classes. I just can give trading classes till the end of November because i will have exams in mid December and January. My idea is to gather 3 students max. Its very nice to learn with other students because you can become good trading partners and help each other motivate every time. I started classes some months ago and i think the result so far is very nice and i learned a lot teaching too because i have my trading style and i learned other student's style and tried to help them a lot. I hope they are still following the money management rules ;P because if they arent i will email them all the time complaining and try to change their minds. This is a big project that has been evolving and will try to improve it every time i can.

Some pics about the project:

babypuntz-students

babypuntz-ideas

Free time section

Best 45 minutes from Madrid since Mourinho arrived.

Music:

Movie:

http://www.imdb.com/title/tt0245844/

The Count of Monte Cristo

from imdb:

Book:

good trades
r9
babypuntz@gmail.com

verse/contest

“If you think you are beaten, you are,
If you think you dare not, you don’t
If you like to win, but you think you can’t,
It is almost certain you won’t.

“If you think you’ll lose, you’re lost
For out of the world we find,
Success begins with a fellow’s will-
It’s all in the state of mind.

“If you think you are outclassed, you are,
You’ve got to think high to rise,
You’ve got to be sure of yourself before
You can ever win a prize.

“Life’s battles don’t always go
To the stronger or faster man,
But soon or late the man who wins
Is the man WHO THINKS HE CAN!”

good trades
r9

ps: What is the book that has this verse?
comment and i may give you access to ideas blog ;P

Mayer vs Nadal - Highlights

What a match!!! Congratulations Mayer. Rafa has some sick shots. check it out;
Best career match for Mayer probably. 0 bps Nadal!!

good trades
r9

ps: Watch in full screen ;P

New ideas/Thinking strategy to accept losses/chat in the blog

Hello traders,

Very early matches in the last weeks, going to bed at 10:30 pm and wake up very early, its the daily trading routine when its possible.

Today i would like to talk about what i have doing in the last weeks. Apart from university, i have been doing a lot of football trading (in unders) trying to get some consistency and since last week i have been developing value trading for tennis and sharing this work with my students in the ideas blog. About this subject, i had a "click" in my head some days ago and got me thinking in some ways to improve it and get some advantage of some indicators. So far i'm testing these new ideas and just tested in two tennis matches and worked very well without too much risk. Maybe ill talk more about this subject in the future if i get some people commenting this post about this subject.

---

Accept Losses -it's fundamental for having success in trading and its probably the most difficult thing to learn.
Trading is a probability game and losses are part of it.

My tip this week is to dont focus in the money you are going to make when trading a match, instead, think in protecting what you have and the ammount of money you feel comfortable to lose from your bank. Then imagine that you had that loss to your bank and think about your reaction to that fact and make yourself feel good with the loss.

Example: You have 1000€ in your bank. You have your position and you want to lose 20 € max (for example). Imagine yourself with 980€ and feel good about it.


Remember: Focus on protecting your money, dont focus on the money that you are going to win.

I added a chat in the end of the blog. If you have questions or want to talk with me sometime to talk about some trading subject feel free to write in the chat.


free time section coming in the weekend ;P

questions? email me or comment
babypuntz@gmail.com

good trades
r9