here is an overview of my last trades:
Bielefeld v Leverkusen
Pre match odds: Bielefeld 5.3, Leverkusen 1.75, Draw 4.1
I watched this match live and fancied Leverkusen to win. Score after the first half was still 0-0 and Bielefeld was really good defending. At the 50th minute I layed Leverkusen 10€@2.04 because at this time the odds should be something around 2.1-2.2 and Leverkusen could not create very much pressure on Bielefeld's defence. Three minutes later Bielefeld scored and I could make it each way.
Bielefeld v Leverkusen 2-1
I traded also Aachen v Osnabruck (0.00) and Karlsruhe v Dortmund (+0.27), but I scratched both trades.
Total profit trading soccer: +6.26
Trading American Football
NY Jets @ Tennessee
Pre match odds: NY Jets: 2.98, Tennessee: 1.5
I watched this match live on NASN. As mentioned earlier I am not happy about my trading of American Football. During this match I tried to anticipate the odds and if there is a significant difference between my predicted odds and the actual odds then I would put on a trade. I used a stake size of 10€. I was really surprised about the odds I got matched. I think there were some people betting (or trading) on this match without watching it. Within seconds I got matched odds less then evens on both sides!
I also wanted to trade the match Giants @ Arizona, but NASN had problems and I did not have live pictures, so I skipped that.
NY Jets 34 @ Tennessee 13
Stats so far:
Total profit since last update: +15.76
Total profit this month: +51.36
It has been quiet days on the trading front for me, so I could read some articles and books about trading in general. I found the web site http://www.tradingpsychology1.com/ and it seems really interesting stuff.
A year ago I was also one of these "Wannabe"-Traders who asked many people about their way of trading and mostly I got the answer "Study the market and learn to be disciplined and patient!". That was not my desired answer, but now I think I have a small clue, why this answer is the best advice I could get, because:
- When trading you need to know how the market reacts,
- You need to know which style of trades suits yourself
- And you need to learn that trading is hard work.
Finally, I also think you need experience when trading. Nobody can tell you something which makes you experienced like a professional trader, you need to make experiences by yourself.
That's it for now. I wish you all the best.