Do you need a money making system?! by Chris Rock

Relax and learn the new money making system ahah
Good trades
r9

Entry point example (Us Open) / Common Mistake / Trading business

Hello traders, how are you?

I get a lot of emails asking for some advice regarding strategies and a lot of other things. In my opinion, most people don't have the patience to wait for high probability trades. Maybe that's why you can't make more profits. You need to be more patient.

I will give you an example of a high probability trade from Us Open

Berdych vs Federer

Third set
Berdych is one break ahead and holds. He is now at 1.13.
Federer is going to serv. So lets make some math.
According to the market's move, if fed hold, Berdych would trade @ 1.26 and if Federer won the first point at the next game, Berd would trade @ 1.36 +- (not sure now, but something like that)
So, what is the probability of Federer winning his serv game?
80%? More? Less? Value! Big Value!

Patience is the word for this example. This is one of the things that i have been working. Patience. I am not very patient sometimes.

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Common mistake - I see a lot of traders backing players from start a lot of times just because one player is a good favorite.

Solution: Study the match and try to guess the prices with your own study and then look at the market.

Example: At US open Errani was @ 1.8 to win against vinci. That's a big bonus. That's a price  you can back from start, especially if we are talking about errani, because she fights a lot for every point. That is value. Big Value.


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I have some ideas for the future. I decided to don't give more classes but i think that it was one of the best experiences that one can have. Share some knowledge and make good friends in this business.
If you are interested in the classes and you really are commited to make it happen send me an email and i will give you the details.
Great things are coming...


Good trades
r9

Tribute to Errani/ Sharapova match

Congratulations to Errani for the fantastic season that she has been doing.

Errani does it again @ 1.8. Crazy prices. The price that i had in my head before watching the markets was near 1.50-1.6 and i watch 1.8. My first reaction was to check injuries and some other indicators and if everything was ok. Last match against kerber i was thinking about 1.45 - 1.55 for kerber and she was @ 1.26 against Errani. What am i trying to say? If you study, you profit. Simple as that.

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Sharapova match is in the third set now, but that is the kind of match that i can see it will be very dangerous for every trader.
Sharapova is not playing like the price says she is, but the market moves can kill you if you go against her.
Thats the kind of match you want to avoid IF you dont have a plan.


Good trades
r9

Practising football trading / (Tennis) common sense / Free time section

Before Us Open starts. Results in football are getting better. Like i said to many traders the best way to trade football is to know some teams very well.

This post has a very good list of teams and some very good reasons to do it. A must read for any trader.

http://valoresperado.blogspot.pt/2012/09/epoca-20122013.html
(It's in portuguese. Use the translator in google chrome)

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(Tennis) common sense

There are a lot of matches with low odds. Some odds are strong. Some odds are weak.


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Free time section

A fantastic end to a legendary trilogy.

The dark knight rises.

Warming up for Us Open (premier league trading)/ Quote of the day

Hello traders,

Us open is going really well. Yesterday was a great day for trading in atp regarding over reactions.
There were a lot of big prices that decreased  very fast.

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Some years ago a very good tennis trader said one thing that changed my trading and it was something like this:
" buy a good player in a good price"
If you understand the idea behind this you will profit in the long term.
Start by making some questions to yourself, for example: What is a good player? ...
and build a strategy around that, but stay flexible because we are talking about tennis ;P

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Quote of the day

From Hedge Fund market wizards' book

You have to get past the idea that just because you lost money on a trade, it means you failed.
Scott Ramsey

Big post coming soon : )


Good holidays and don't forget to read to create ideas.
r9