Monday, 28 June 2010

21/06/10-27/06/10

P&L for 21/06/10-27/06/10

Football : -15.54
Tennis : -21.16

P&L since last post : -36.70

The never ending red continues....

Football.

The two reds I took totalling £17.96 should both have been successful green trades but for one foolish mistake. I had the stake setting on liability for doing lay trades on the tennis and both times fail to notice this when putting in my outs. This had the effect of laying far more than I had backed for, especially at sub 1.05, and by the time I noticed I had no choice but to red out. Just a ridiculous lack of attention to detail that cost me.

Tennis.

Once again I would start with much green on matches laying the lower odds player on the opponents serve but I would get too greedy and hold on far too long when the market went against me. It's very frustrating when you have taken a red and think the match is pretty much done only for a total flip flop of the odds and scores. I built up a large green on the Mahut v Isner match between about 37 games all and the end of play that day but then pissed it all away thinking Mahut would save the serve he lost on, my greed got the better of me again. My losses totalled £47.25.

Well no more tennis for me this week as I'm back to work. This is probably a very good thing. I'll just concentrate on getting whatever is available in the evening football and maybe I'll be able to post a small green. I have been totally off the rails and it has cost me a lot of money which is a bit sickening when added up. I will try to get back to basics again.

Keep it green everybody

Monday, 21 June 2010

14/06/10-20/06/10

P&l for 14/06/10-20/06/10

Football : -16.28
Tennis : -112.99
Horse Racing : 0.11

P&L since last post : -129.16

The slide into destitution continues. I've actually deposited nearly £90 into my account in 5 days but I did it in dribs and drabs while chasing and you don't realise how it adds up. If I'd dumped it in in one go I probably would have been more careful with it.

Football.

28 markets. Only one red on the Football but it was a full stake loss of £20.74. I had just lost on the tennis and was tilting madly and when the goal came I couldn't bring myself to red out and subsequently lost everything.

Tennis.

Once again boredom and lack of football sent me to the tennis. 21 matches and I took reds on 7 of them. Some of them were ridiculous snap bets and I'm not very proud of any of it. I did some laying of the leader on the opposing serve and for the most part it went well but my downfall was being to greedy. I would go in once too often as a match got to a critical point and then would not take a small loss as the market went the other way making it a big loss.

Horse Racing.

3 pre-off £2 stake trades just on a whim. I may continue to try this but at the moment with my current mindset it would probably just be more loss.

So for the week ahead I have a measly sum in my account which I will be very careful with. I will try to keep the risk to a minimum and not be greedy or impatient. I need to put thoughts of overall green or red out of my mind and focus purely on the trade at the moment. I will limit myself to no more than 2 trades on tennis matches and carry on with my usual football trading.
We shall see what happens. It would be really nice to get back to posting green again.

Keep it green everybody.

Monday, 14 June 2010

04/06/10-13/06/10

P&L for 04/06/10-13/06/10

Football : 1.12
Tennis : -46.68

P&L since last post : -45.56

Long time no post. That red is about half of what I've deposited over the past 9 days.

Football.

59 markets traded. 3 losses totalling £12.87. Quiet now with only the summer leagues and what world cup matches are on.

Tennis.

I had planned to steer clear of the tennis but with so little football on and being off work simple boredom got the better of me. It has been a roller coaster of foolishness and chasing. 37 matches. 8 losses totalling £167.64. A lot of green in between each loss but the scale is still tipping into the red. If there is one thing I know it's that tennis is very unreliable and unless you have cast iron discipline it's nightmare to trade. I have noticed that you probably would've made a fortune laying the favourites below 1.1 in the recent tournaments as very few matches involving them have gone smoothly. Might be worth a look.

I'm going to try and be a bit more restrained and do less chasing. We'll see. LOL.

Keep it green everybody.