Tuesday, 8 May 2012

What a weekend... Epic

My trading account challenge has had a massive lift off in recent days! I'm pretty happy with where it is right now. Remember my starting bank was £50, I'm now up to £138.89 at time of writing this!

I'm almost at the point where I think its not worth me carrying on with my gambling challenge!

Here are the details so far.

















How have I got here? well I decided to keep it simple - I stopped doing some of the feature trades, not because they aren't good but because I'm dealing in small amounts. I stuck to LTD (Lay the Draw) and EST trades - check out http://thesportstradingacademy.com/ or Robbo's blog for what that is.

I also kept the prices down and went with in game stats rather than any preconceptions of the teams.

Here is a sneak look at my LTD results for the 6th May 2012.
You'll see from those alone I made £21.40 profit from a £52.50 investment (the lay) which is a 40% ROI
I've not won big... but I've not lost big either.







To put that in perspective, for all trades on the 6th May I made a £28.71 profit from a £106.50 investment which is a 26.9% ROI and my over all LTD return is currently at 28% from 33 trades.
The 8/10 strike rate is pretty good too, I called some of those myself but some came via http://thesportstradingacademy.com/

Gambling I lost again putting me at £49.24.... there is a clear winner here I think!

Having spoken to FedSlam a fair amount about this and current tactics I think I'm going to carry on as I am until I get to a point where I'm comfortable putting a little more liability on each trade. If I can keep a ROI of above 30% long term then I'm doing well
Looking for games that are drawing or 1-0, 0-1 and shouldn't be then analysis of the in play stats is the way forward for me.

The Sports Trading Academy Network

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