Analysis Of November 2008

Hello,

as mentioned in the last blog entry November 2008 was my best trading month so far. Here is my analysis:

Trading Tennis

number of matches I traded: 9
number of wins: 8
number of losses: 1
scratched trades: 0

number of wins > 3€: 5
number of losses > 3€: 1

total win: +37.15
total loss: -7.46 
total pl: +29.69

average win: +4.64
average loss: -7.46
average pl: +3.30

win rate: 89%
max win: +11.83
max loss: -7.46

Firstly, a good result. I knew that the tennis player are tired after a long season, so I picked the matches I traded on very carefully.

The conclusion of this month is: Less is more. There is no need to trade as much matches as possible.

Trading Soccer

number of matches I traded: 16
number of wins: 9
number of losses: 3
scratched trades: 4

number of wins > 3€: 5
number of losses > 3€: 1

total win: +27.31
total loss: -15.26 
total pl: +12.05

average win: +3.03
average loss: -5.09
average pl: +0.75

win rate: 75%
max win: +6.38
max loss: -11.42

Trading Soccer started with a bigger loss of -11.42. I am not sure, if this big loss was avoidable.

Actually I am trading Soccer with a stake size of 10€, but I will raise them in the next year, if my confidence in trading Soccer is a little bit higher than today.

Trading Other Sports

American Football: +22.48
Handball: +5.56
Motor Sport: +0.37

Every sport I traded in November 2008 ended in a profit, which is a really good result for a beginner in sports trading.

My actual trading bank is €264.65, so it is time to readjust my stake sizes. I do not expect very much trading during December 2008, so I will readjust my stake sizes at the start of 2009. I will also set goals for the trading year 2009, but I will do this after a complete review and analysis of the trading year 2008.

Overall stats:

November 08: +€70.10
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

That's it for now. I expect to trade only a few soccer matches and NFL games in December 2008 and I will only update this blog on a weekly basis.

I wish you all the best when trading!

Cheers, Loocie