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(22/11/2012)
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quarta-feira, 31 de outubro de 2012

Expectation

Hello traders,

Tomorrow i will make a new post. Today i give you this important definition. 


Expectation:

In the case of uncertaintyexpectation is what is considered the most likely to happen. An expectation, which is a belief that is centered on the future, may or may not be realistic. A less advantageous result gives rise to the emotion of disappointment. If something happens that is not at all expected it is a surprise.

good trades

r9

quarta-feira, 24 de outubro de 2012

Psychological framework

Hello traders, How are you?
Today i will talk about just one topic and i will discuss the other topics in the coming posts.
I hope you like the post and that you comment this post if possible.

I had the idea to write this post after watching a video about nba some months ago.
Basically,  in that video, the owner of a nba team (Mark Cuban) went to a tv show to finally tell the reporters that that psychological issues that some nba teams suffer, like stress, pressure and other are just myths. He says that teams don't know nothing about that. They are just professionals, and they don't care about reporters opinions. So, in conclusion, the reporters create some psychological issues like pressure to justify some results, when pressure is not the thing, and it was team planning in Mark's opinion.

Video:




This topic is very important to tennis markets. I personally take a lot of decisions based on player's pressure.
Markets tend to be wrong in those situations because emotions come to play when pressure comes too.
But sometimes we overtrade in these kind of indicators
So, have you ever had that feeling that you are "sure" that one girl is going to break in the next game and the other player wins the game to love, or that one favorite is going to lose and from nothing he goes to win easily.
So, what i want to say is that sometimes we use psychological indicators to justify our decisions based on patterns and we create a habit of using it for everything and that habit is destructive.



This post is basically a warning/alert for you. The solution to the problem is to create better profiles about players and everything else and trade more matches between players that we know very well. If we trade matches with players that we don't know very well, stay with traditional patterns and system. Special attention to low rank wta. That matches can get crazy and out of control very very fast with a lot of different mumentums.

In conclusion: Don't use psychological indicators always even if it looks like a situation for it. Choose well your trades. It's like poker. Play the best hands. Skip the others.   


good trades
r9

terça-feira, 23 de outubro de 2012

New post @ 24-10

Hello traders, how are you?
I don't have time to write a post today because im working in a lot of projects outside of trading but tomorrow i will make a new post. I have been trading more and more on football and results are really nice.

Topics i will discuss tomorrow:
- Psychology in sports? Are we over thinking or creating problem where they don't exist? How can we take advantage of this to "predict" some events?
- There are profitable systems in tennis. I have one that happens with a probability of over 80 % and the profit is bigger than the loss... The bad part is that it took me 2 years to notice that pattern. Success is not a sprint.
- Emotions are your enemy. I will explain what works for me and hopefully it will work for someone.

and btw i am working on the new website. tennismarkets.com is coming soon. (under construction : )  )

r9