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(22/11/2012)
babypuntz-students.blogspot.com is now free for everyone.
Some material is not updated so you should be careful and use it at your own risk.
(22/11/2012)
babypuntz-students.blogspot.com is now free for everyone.
Some material is not updated so you should be careful and use it at your own risk.
sexta-feira, 14 de setembro de 2012
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
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