Maximize your gains with what you already have

first of all, hello guys

Ok the title looks good but how can we do it?
Its simple if you are with a good profit, just work with that profit. The question here is, do you want to risk part of your profit or not. Depends on your style of trading. I like to work in the third set cause i have a good read of the games and big profits can come from it but when i started i had mine biggest losses in the third set and the reason is obvious, the risk is higher, everything can happen. So here is an example to maximize your gains with what you already have, or one way to work in the second or third set:

First set:
I try to read the game and apply Tradeshark's strategies.
Imagine i had a good first set with 40% of stake(just an example) of profit. I hedge and lets say that i have  200 € in both.

Second set:
I see an oportunity to lay the player that won the first set. He can be tanking, too much unforced errors, there are many reasons but you got to have one, don't enter without a reason.
I back the player that lost the first set with the 200 € in the player that won the first set.

Imagine that the odd of the player that lost the first set is 2.5.
im now 0 in the player that won the first set and 700 in the other player
Imagine the player that lost the first set wins the second, and his odd is 1.6 now. So u now added 180 € and you have 380 € in the player that won the second.

And you can do this for the third set. Remember to control your greed.
A stop loss is recommended if in the second/third the market goes against you. For example put a stop loss when u lost half of the profit.

I am sucessfull a lot of time with this so give it a try.

If you are starting trading forget what i said before and learn the basics first. Work your consistency before working for money and just work in the first set. Think in doing quality trades over many trades. When i say quality i mean respecting the stop profit/loss of the strategy ALWAYS. When in doubt of respecting the strategy, ask this to you, "Do i want trading for a living or part-time for many years?" if your answer is yes, reply yourself "yes i want, so im gonna respect the strategy in every way otherwise ill be gambling and in some time ill be in bankruptcy. There are no exceptions, so I'll always respect the strategy!" 

good trades

if u liked the post, or not, comment it. Share your thoughts/ideas.

r9

Simple things can make all the difference

Hello, how is everyone doing?

Today i'd like to talk about something i read some time ago from a stock trading book that has a great value. The trader in question in the end of the month would search in his trading results for the stocks that he was not trading good (for ex: biggest loss, consistent losing trades) and would stop trading them. That is very good for tennis and other sports. Imagine you have three games for 2 pm. And in two of those games are players that normally in the end of that match you have a loss or not very good trades. So you will choose the other game left to trade. This is just one example of the useful side of this viewpoint. The key here is to keep a journal of your trades and watch for losing games or bad games and try to identify some players that you dont trade so good like others. Treat your trading as a business.


r9

what a game by inter. Indian wells

Enjoyed watching and trade today some games after some busy times for uni. Congratulations to inter. Italian teams have a great  mental side and they were the proof of it.

Today im gonna talk about self-improvement in trading. How can you improve? Well in tennis like in every sport i would say to watch a lot of games to gain some experience and dont fall in easy mistakes. I played tennis for 5 years before started trading. I already watched a lot of games before. Experience is everything.

A trader is known good not only for the profit he makes but how he control the losses' games.

My method to improve my trading is simply writing down the errors that i did in every match and i simply try to avoid that errors from now on. It works for me, so give it a try. 

Dont think how much money u are making but what was the quality of your trading. 

In my opinion one thing that trading's software lack of is simply one option to see everything in % and not in money units. The trader's performance would be huge. Imagine that u instead of watching 1K entering in the trade u simply watched "2 %" of the bank. 

    

If u already make consistent profits i would recommend you to spend a % of the annual return of the profit (2-3) in some new trading books or in valuable guides (there are some in the internet). There is always things to learn in a lot of sports. For example my next step is to learn to trade horses and there is some good info in the internet. 

r9

 

The best way to start the week...

is to listen some music. What do you hear before trading? I find guns and roses' music isnpiring and of course, slash's solos ;P.

Its a good time to talk about some things with value in football. Champions league is reaching a crucial point and teams are a bit tired by now. So they tend to rest if they are winning in their championships game. For example Barça just won 1.0 last time. Why, if they got a lot of ball % like in oher games? Cause they will play arsenal and they have to rest a bit to gain some advantage and if u normally watch barcelona's game take a look at their attitude in the championnship game before an important game for europe. Sometimes we can get very good odds like one that i got in under 3,5 goals in the last barça game @ 1.54 @ halftime when the game was 1.0 for barça. The game finished with 1.0 for barça.

So my tip here is for example:
Choose a team that you like and that goes often to europe.
Watch their game for championship before an important game for europe and notice how they usually play the game and how the manager manages the game(substitutions, pressure of the team).


r9

Busy weekend

Hey. Busy weekend here with the carnival's parties and works for uni. Today im going to write some tips and strategies that i think to have some value for tennis. Football and nba coming soon.


Tennis strategy (wta)

1. (good fav vs player playing @ home or a fighter)
Back a good favourite before the game starts. If she wins the first set pay attention to her attitude in the second set and if there are signs of the fav tanking or not caring (unforced errors for ex) put all the green in the non fav player and in the third just expect a nice start form the non fav and wait for odds of 2 @ both and hedge. In the monterrey tournment there were more then five games where this could be applied. You should start practising this strategy with low stakes. The key here is to try to read the fav attitude in the second set. Read the signs.

2.
Back the fav if lost the first
Very risky strat cause of the injuries. Low stakes here.

There are some more that ill talk in the future.

A very  good thing to do in tennis is to watch the whole tournment. I am doing more lately and so i can preview better some games and so think about the strategies to apply and i always take a look at Ts's tips.

r9

ps: use the strats carefully ;P

Weekend

 Im preparing a text with some of my strategies so could take some time to post it(sunday probably).

Good weekend ;P

Real 7 - 0 Malaga

I usually dont back real madrid but in my opinion this week the odd of 1.19 got some value. Usually mourinho's teams are very strong after a loss or giving away points. Malaga is in "war" with mourinho since he said that he would never quit real to go coach malaga. So we would want to prove that they were better.
7-0 !! That was mourinho's answer.

In tennis traded two games.

Kleybanova x krajicek . Gave a good profit cause kraj was capable to win the second set and she did it and started the 3rd very well.



hradecka x pervak . One of the craziest games i ve seen in the last months. Can u imagine a favorite missing 7 bps!! in the first set? Can u imagine the non fav ( fav @ that point of the game) winning 4.2 in the tie break of the second set and oportunity to serv  and be closer to win the match and losing the tie break and in the 3rd set breaking the fav serv in the first game of the set. Took a decent profit and left the game cause was crazy.

Will be difficult to trade from now on cause of university work  but from time to time will try to update the blog ;P

r9