Hello,
another month is over, so it is time to analyse the trades of the last month.
Trading Tennis
number of matches I traded: 64
number of wins: 38
number of losses: 25
scratched trades: 1
number of wins > 3€: 21
number of losses > 3€: 18
total win: +140.10
total loss: -143.89
total pl: -3.79
average win: +3.69
average loss: -5.76
average pl: -0.06
win rate: 60%
max win: +11.64
max loss: -18.05
What was bad this month:
As mentioned in the last blog entry I am cutting my winnings more than my losses.
I traded too many matches. I have certain situations where I put on a trade depending on the score, but in future I have to consider the odds at the given situation too.
What was good this month:
The new money management rules which I established after my analysis of September 2008 helped my to trade without fear.
Mostly I took stop losses when necessary.
I planned every match I traded.
Trading Soccer
number of matches I traded: 14
number of wins: 7
number of losses: 5
scratched trades: 2
number of wins > 3€: 6
number of losses > 3€: 2
total win: +42.28
total loss: -10.71
total pl: +31.57
average win: +6.04
average loss: -2.14
average pl: +2.26
win rate: 58%
max win: +21.85
max loss: -4.26
Most of the profit came from the match Bochum v Hoffenheim. During this month I was very patient when trading soccer. I know there are only a few key events during a match so it is essential to keep a clear head and being patient.
Trading other sports
Formula 1 +4.19
NFL -6.96
Overall stats:
October 08: +€38.35
September 08: -€11.57
August 08: -€7.74
July 08: +€29.10
June 08: +€25.90
May 08: +€1.36
April 08: +€25.27
March 08: +€3.08
Cheers, Loocie
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