Wasting money

Hello,

as mentioned earlier I have an eye on trading football.

During the last days I traded 3 football matches and lost too much money:

I watched the matches and the odds closely and maybe this was the problem. My intension is to watch a game and if I identify a situation where one team is under pressure or something else, then I should enter a market.

I also used too high stakes and I wasted my hard-earned money. The next matches I will do only paper trading and if I am making consistently profit, I can use small stakes.

My monthly soccer trading is a night mare:

total loss soccer July 2008: -€52.21

Trading tennis works really good:

Not much to say. Had a good day yesterday. No mistakes means profit:

total profit tennis July 2008: €76.23

In a few days I will analyse my trading during this month, but it would not be a secret that soccer was the sport I lost too much money.

Stats for this month so far:

total profit this month: €23.69

All the best, Loocie