During the holiday season, I've been busy wrapping presents, attending family gatherings and meeting up with my friends, so I was unable to write up my thoughts and analysis for each of my trades.
So I don't lose track of my P&L within this blog, I've taken a screenshot of my results. My usual blog posts with further detail will resume next week.
It's been some time since Wigan last had a 0-0 away from home. Blackburn has had just the one in recent times. The "under 1.5 goals" market price during the second half was around 1.40, so I decided to lay this market as it was providing a decent Risk v Reward ratio.
I intended to lock in a profit if there's a goal and then let it run and see if there is a second goal before the final whistle.
Blackburn hit the bar in the 75th minute which I thought that was the moment to remove the liability then enjoy the final fifteen minutes, but it wasn't to be, and the game ended 0-0.
Here's a summary of how the rest of my trading went over Christmas.
There were some wins, some scratch break-even trades and of course some losses.
It's the end of a month, the end of a year and the end of a decade.
It didn't go too well during the festive season. I never really felt I was trading in the zone. Maybe it's because I was trying to "fit" trading into a hectic time and in hindsight, I wasn't dedicating 100% of my time to my football trading. Overall the P&L ended -£5.53
As I've done in the past, I've updated the "monthly report" page. What's interesting is I had a better win rate than I've had previously, but my ROI for December was lower compared to previous months.
Since I began this blog on the 1-August-2019, I've earned a profit of £494.81, which over five months is a 190% Return on Investment (ROI). Starting with £260 the balance is now £754.81
Reflecting on 2019, even before I started writing the blog, I've learned a lot in both trading methods, but for me, more importantly, is continuing to improve my mindset. I still have a lot more to learn though!
In recent months I've been flexible and adapted my trading methods while conscious of how much I will risk before I open a trade. My intention is always to ensure I'm here for the long term and not risk destroying my bank, but it's a balancing act as I don't want to be too conservative either. It can be tedious using small, manageable stakes, compared to the significant stakes and P&L I see from other sports traders online, but I want to "try" and stay disciplined and treat the amount I have to trade as if it was a larger balance.
September showed high returns, but I was risking between 7-12% of the total balance, per trade, and I didn't feel comfortable risking that outlay over the long term. I do get times when I consider increasing my risk from the current 2% (ish) stakes, back up to those earlier amounts and go for it!
Overall I'm happy with how it's going but still learning. Let's see where I'll be this time next year?
Happy New Year, everyone!
It was the last weekend of football trading before Christmas. This post will explain how it went.
Eibar v Granada
Although neither team has been in great form, I presumed the match would produce a couple of goals. I entered the "over 1.5 goals" market with an order matched at 1.55 within the first 15 minutes.
Eibar took the lead in the 21st minute. I chose rather than "cashing in" for a profit I would create more value and remove the liability, building a "risk-free" trade.
Eibar scored their second a few minutes later, resulting in a winning trade.
As I anticipated, the game produced at least two goals. Eibar comfortably won the match 3-0.
Everton v Arsenal
In hindsight, recognising that both teams appointed new coaches the players were likely to impress their onlooking coaches so the previous form might best be ignored.
At home, Everton games produce at least a goal, so I decided to back "over 1.5 goals" intending to exit after the first goal.
I decided to cash out for a loss in the second half with the score still 0-0. I opened a second trade in the "over 0.5 goals market” yet expecting a goal.
The game ended 0-0 resulting in a frustrating loss — not a great start to a Saturday of trading.
The following trades were games that I traded in play when the score was 0-0. I then locked in a profit after a goal.
Real Betis v Atletico Madrid
I entered two trades during this match. Sports traders have the flexibility to change the approach during the game, and not sit on our hands unable to do anything.
The first trade was backing "over 1.5 goals" expecting a goal or two. At half time the score was 0-0, so I decided to take a small loss and cash out.
As it was half-time, this match might not necessarily have enough time to create two goals. Also, my thinking was if I did stick with the first "over 1.5 goals" trade, if the first goal came too late, I might only get a small loss.
I still believed there would be a goal so I opened a second trade, but this time I was entering the "over 0.5 goals" market. If there were a goal, this would cover the loss from the first trade.
As I expected, the goal arrived in the 58th minute. Atletico Madrid took the lead.
Atletico Madrid went on to win the game 1-2, so there were over two goals. Oh well, I feel I traded it OK and showed that I could be flexible in my approach.
I entered the following trades expecting goals, so I backed "over 1.5 goals" intending to cash out after a goal.
I started the weekend with £764.36
Balance is now £760.34
14 Trades. 9 wins so a 64% win rate, but the losses hit me hard resulting in a negative P&L.
A losing weekend. This weekends result is following a losing mid-week of trades. I feel I'm a little lost in my trading at the moment — no real consistency.
I need to take a step back to see where I might be going wrong but also keep in mind, although I've had losses, they're not busting the bank.
I'm still on target for a profitable December, but if I'm honest, I was hoping for better returns. (sigh!)
The build-up to Christmas is underway. Presents bought, work commitments are close to complete before I take a couple of weeks off for the holidays and tickets purchased to watch the new Star Wars movie at the weekend.
With such a hectic (but fun) time over Christmas, I wonder how many football trades I'll open. I still desire to achieve my monthly goal of earning a 10-15% return on my balance recorded on the 1-December.
Here's how my mid-week football trading went.
Crystal Palace v Brighton
I kept an eye on this game, watching to see if I could Lay the Draw during the second half. When I noticed it was 0-0, I placed an order in the market. The order was matched a few minutes later.
Brighton took the lead, gaining a one-nil lead. As there was a lot of time remaining in the match and Palace were at home, I decided to "cash-out" rather than remove the liability in this trade. I could see Crystal Palace equalising before full-time.
Palace did just that, making it 1-1. It was an excellent decision to cash out instead of just creating a risk-free trade.
In recent history, very few games in the Bundesliga have finished 0-0, so I was scanning the evenings Bundesliga matches for opportunities to oppose the score or Lay the Draw at 0-0.
Union Berlin v Hoffenheim
The score was 0-0 at half-time, so I placed an order to Lay the Draw in the second half at 2.50. I had to wait approximately ten minutes for the order to be matched.
The goal then arrived in the 56th minute when Hoffenheim took the lead. I removed the liability from the trade rather than cashing out. The risk of doing so is the match could end a draw, so it becomes a scratch, no win, trade. If there's a winner, then my returns have increased.
Hoffenheim scored in the last minute to make it 0-2, so it remained a winning trade.
I was watching Dortmund v RB Leipzig on BT Sport. I wasn't trading the game, but it was great to watch. It was 2-0 at half-time then Leipzig pulled it back to 2-2. Sancho made it 3-2 for Dortmund only for Leipzig to make it 3-3. Plenty of goals to relish for the neutral.
Barcelona v Real Madrid
The "El Clasico" was on Premier Sports, so I hunkered down on the sofa not expecting to trade the match unless there was an opportunity in the second half.
Real Madrid started well, but the score remained 0-0 at half-time. Here's a stat to share. The last time a match finished 0-0 between these two giant clubs was 17 years ago back in 2002. So can you guess what I did here?
I opened an order in the market to Lay the Draw at odds of 2.50. Surely there would be a goal in the game?
Well, that didn't go to plan. Surprisingly, the match finished 0-0. I wonder how many other football traders expected this El Clasico to remain 0-0? I was frustrated, but I would say eight out of ten times I would have traded the same way, assuming there'd be a goal.
Not many trades placed this week as hardly any matches met my pre-match criteria and made it onto my daily shortlist. I then wait for the games to go in play and look for an angle to enter the market.
I started the week with £769.75
P&L for the mid-week trades: -£5.39
The balance is now £764.36
Unfortunately, the mid-week trades resulted in a negative return. I'm continually looking at ways to improve as a sports trader. Something is clear, which is I need a better strike rate with the Lay the Draw method, or I need to enter the market with lower odds, reducing my risk. I won 2, lost one, which is a 66%-win rate, but I still finished with a loss.
It's something I need to adjust over the weekend.
Happy sports trading everyone.
No trading on Friday as I was occupied with family commitments. Here’s how Saturday and Sunday went.
Liverpool v Watford
Goals, goals, goals. That’s what I was expecting in this game. Just look at the recent results between these two at Anfield.
I waited until midway through the first half and then decided to open a position in the “over 0.5 FHG” market, expecting a goal before half-time. My order was matched at 1.74.
Salah scored with a curling shot in the 37th minute. To be fair just before the goal, Watford had been growing into the game and had a few chances to take the lead themselves. The goal is all I needed, though, so a winning trade.
Chelsea v Bournemouth
The score was 0-0 during the second half. I believed Chelsea would nick a win here at home, so I opened an order to lay the draw.
The goal did arrive, but surprisingly for me, it was Bournemouth who scored and as a result, I locked in a profit.
Antwerp v Eupen
Another Lay the draw in the second half. Antwerp scored in the 80th minute and won the match 1-0. Another winning trade.
Athletic Bilbao v Eibar
A frustrating Lay the Draw trade. VAR ruled out the goal in the 73rd minute. The game went on to finish 0-0 and as a result it was my first loss of the day.
Atletico Madrid v Osasuna
Another Lay the Draw trade during the second half. Morata scored after 67 minutes allowing me to remove the liability from this trade. They then scored another making it 2-0 and a winning trade.
Shall I continue to remove the liability or cash out when a goal is scored? Something to keep an eye on. All in all, a decent day of trading.
AC Milan v Sassuolo
I decided to open a position and Lay the Draw during the second half at odds of 2.50. The game fizzled out and ended in a dull 0-0, so it was a losing trade.
AZ Alkmaar v Ajax
With the game still 0-0 midway through the second half, I decided to open a Lay the Draw trade.
The goal arrived later than I expected. I was accepting it was going to be a loss, but then Alkmaar took the lead in the 90th minute and ended up winning the match 1-0. I was happy with this winning trade.
Besiktas v Malatyaspor
Turkish Super Lig
It wasn’t a game I shortlisted, but while scrolling through the list of live games on “flashscore”, I saw this match was still 0-0 in the second half. Like I’ve been doing with many trades this weekend I layed the Draw and entered the market at 2.40.
Malatyaspor took the lead near the end of the match so I could remove the liability from the trade. They then scored a penalty late on and won the match 0-2.
Lyon v Rennes
A late winner for Rennes in the 89th minute and as a result, a winning Lay the Draw trade for me.
Some late, late goals in some of the games I traded today. At one point I was looking at a negative return on Sunday, but in the end, it turned out OK.
Some late winners over the weekend. On many occasions, I was already typing in the negative returns into my Excel tracking sheet, only to hear the flashscore audible notify me of a goal. Some you win, some you don't.
A question I'm asking myself is "Can Lay the Draw still be profitable?"
I started the weekend with £749.10
Total P&L +£20.65
The balance is now £769.75
Here's the outcome of my mid-week football trading.
Salzburg v Liverpool
This match was one of two earlier kickoffs this evening. Liverpool has pretty much won the English Premier League title, but they had to win this Champions League match, away to Salzburg, to confirm their path to the last 16.
Knowing that they were likely to push for the win and starting their formidable front three that consists of Salah, Mane and Firmino, I expected goals.
Salzburg started their Norweigan Wonderkid, Erling Haaland, who’s scored 16 goals in 14 Austrian Bundesliga appearances this season. It won’t be long until the top sides make an offer for his services.
I opened some orders into the “Over 1.5 goals” market, looking to lock in a profit after the first goal.
It was 0-0 at half-time meaning that most, but not all, of my orders were matched. The goal arrived later than I anticipated. Keita scoring for Liverpool in the 57th minute with Salah doubling their lead a minute later, hitting the back of the net from a tight angle. Liverpool went on to win the match 2-0, and I made a small profit.
Liverpool finished top of their group with Napoli finishing second. Salzburg will play in the Europa League while Genk finished bottom of Group E.
I’m not convinced about trading the “Over 1.5 goals” market yet. The returns seem minimal, and it goes against my principles of trading with a positive risk to reward ratio.
I was looking at risk: reward ratio of approx 5:1, meaning if I lost the trade, I would need five more of these returns to break-even! Something I need to consider going forward.
For this method of trading, to return a profit in the long term, I’ll need an impressive winning strike rate.
Benfica v Zenit
Champions League Group stage
Earlier in the day, I reviewed the Champions League games that I believed was likely to produce goals. Based on my selection criteria, most of tonight's matches were expected to create goals.
I watched the Inter v Barcelona game on TV, but at half time I scanned the scores in the rest of the evening games to see which matches were level and if I could “Lay the Draw” during the second half.
This Benfica v Zenit game was currently 0-0. Analysing Zenit’s away form, they haven’t drawn 0-0 in any of their last ten away games.
Benfica at home have drawn 0-0 just the once in their last ten games, and have won all of their previous five games at home, so I was expecting at least a goal. I went ahead and placed some orders into the market.
Benfica took the lead in the 47th minute. Due to the early second-half goal, only one of my orders was matched, resulting in minimal returns. I removed the liability from the trade and cheered Benfica on to win the game.
Benfica scored their second in the 58th minute and again in the 80th minute, winning 3-0. Therefore a winning trade.
Benfica finished in third place in the group, ahead of Zenit who finished 4th.
Leeds v Hull City
This wasn’t a game I expected to trade because Leeds have been impressive at home recently, winning all of their last five games so I thought they’d be way ahead at half-time with no angle or value available to open a position in the market.
When I noticed the score was 0-0, I decided to open some orders to “Lay the Draw”. I placed two orders at two different prices.
The trade worked out to be favourable. Leeds scored in the 73rd minute from an own goal, and therefore I could lock in a profit. It was a little frustrating that only one of my orders was taken. The second-order I had open in the market was just five ticks away from being matched. It meant I didn’t make much of a profit in this trade.
To improve the earnings a little more, I decided to remove the liability instead of cashing out. The risk was if the match ended in a draw, this would be a scratch, break-even outcome.
Good news for me is that Leeds went on to win the game 2-0 and go top of the Championship on 46 points. West Brom is one point behind but has a game in hand.
I had two wins from laying the draw this evening. But because I’m entering when the odds are slightly high, and I’m placing orders into the market, waiting for the odds to decrease, it means there’s a chance I won’t get too many orders matched before a goal goes in and therefore returning small profits.
That being said, it's all about protecting my bank first, using reasonable stakes and controlling the liability, then looking at the potential profits later. I’m willing to risk around 2% liability when entering a trade.
Shakhtar v Atalanta
With the score 0-0 at half-time, I placed a couple of orders into the market opposing the current scoreline.
The goal arrived in the 66th minute when Atalanta took the lead.
Unfortunately for me only one of my orders was matched so this (with some frustration) returned a small profit. Atalanta went on to win 0-3.
PSG v Galatasaray
Before the game started, I expected plenty of goals. I decided to drip-feed some orders into the market from the start to create more value, compared to using one full stake at minimal odds.
The goal arrived in the 35th minute when PSG took the lead. A second goal was scored moments later, making it 2-0.
Like with the earlier game, only one of my orders was matched, so once again, the profits were minimal. I question whether it’s worth the risk if I’m winning so little?
Leverkusen v Juventus
The score was level at half-time, so I decided to open a few orders in the goals market, expecting at least one goal in the second half.
Finally, all of my orders were matched when Ronaldo scored a goal in the 74th minute. I cashed out for a decent win.
Olympiakos v Crvena Zvezda
This match was still 0-0 during the score second half. Olympiakos playing at home, needed a win to finish third in the group and qualify for the Europa League. I decided to Lay the Draw with just the one stake this time.
Well, the goal arrived - just! A penalty for Olympiakos was converted in the 86th minute. 1-0 to the home side and a winning trade for me.
It was a decent night of football trading.
The trouble I see with drip-feeding orders into the market is if there's any early goal I won't get all of my orders matched and the returns will be minimal.
Today is Election day. As I write this note to myself for my blog, who knows who the Prime Minister will be in the morning.
Getafe v Krasnodar
I have short-listed several Europa League games where at least one side needs a result to qualify for the knockout rounds.
This match was one of those games, so when I noticed the score was level during the second half, I decided to Lay The Draw.
I didn’t have to wait too long as a goal arrived in the 76th minute.
It worked out for me when Getafe scored two more goals and won the match 3-0. A winning trade!
I started the week at £710.54.
P&L = +£38.56
Balance is now £749.10
Wow, I'm a little surprised that I've had eight wins from 8 trades this week. Of course, most of those were minimal returns due to the fact only some of my orders being matched. The main thing is it's been a profitable mid-week. One of the wins returned just £0.82!
Let's see how the weekend goes, starting with (eek!) Friday 13th!
The decorations are up, the kids are excited about Father Christmas arriving, and I’m excited to see where my football trading takes me over the festive season.
Like with previous months, I’ve set myself a target to make a return of 10-15% profit on the current balance.
My stakes have been increased, so they’re in line with the current balance. I am aiming to use between 2-2.5% stakes/liability. It looks better when I win a trade but using slightly larger stakes means my losses are higher. I need to overcome that though as it's a mindset thing.
Here’s how the first week of December has gone.
First of all, I continue to use Bet Angel to set up some daily automated trades. These sorts of trades are ideal when I’m unable to sit in front of my laptop. Here’s how my first half goals trades went this week.
Each selection is based on my pre-match criteria and placed into the bot at the start of each day.
The family were busy with other activities, so I had time to concentrate on my trading.
I’ve been paper trading the “under 1.5 goals” market alongside my live trades but seeing as it’s the first day of a new month so I decide to include it with my live trading methods.
I traded the market using smaller stakes until I’ve gained more experience using a method I'm using for this market. Here’s how it went.
FC Porto v Pacos Ferreira
Looking at the recent form and the pre-match statistics, I marked this game on my short-list as a match to trade during the first half. I was expecting at least a goal.
Call it lucky because I entered the market in the 16th minute when I felt the game was starting to liven up. The goal arrived in the 18th minute when Ndiaye scored for Porto making it 1-0.
It was a nice win, especially as I was in the market for only two minutes.
Crystal Palace v Bournemouth
A first-half trade that didn’t work out. I was expecting an early goal, but it didn’t help when Sakho was sent off in the 19th minute. I had to take this one on the chin and exit with a loss.
Lyon v Lille
French Ligue 1
This match was another game where I expected a goal in the first half. Like with the Crystal Palace game, it didn’t happen, and so I had to exit for a loss.
I opened a new position in the market later on though. While it was still 0-0, I always believed the game wouldn't end goalless, so I decided to oppose the current score midway through the second half and wait for a goal.
It worked out to be a successful trade. Ikone scored for Lille in the 68th minute.
Leicester City v Watford
This was a game where I expected goals. Leicester have been on fire this season under Brendon Rodgers.
I entered a trade in the first half, with the idea of cashing out after the first goal. If it were to stay 0-0 near the end of the match, I would exit for a loss.
The first goal was scored later than I expected. Vardy scored from the penalty spot in the 55th minute. This goal was good enough for me to make a small return.
Inter v AS Roma
I was watching this game on TV in the lounge. I believed a goal was going to arrive soon so with the score at 0-0 I placed a traditional Lay The Draw trade.
It never happened, and the match finished 0-0 — not a great start to the weekend. I also had a loss in my automated trades as well. Oh well!
I was out with the family at a Christmas Fair, and then, later on, I met up with some friends to watch the Manchester Derby. I kept an eye on this Serie A match because at 1-1 I felt there was another goal in this game. I decided to Lay the Draw.
I got fortunate with this one. I didn’t see the goal arrive in the second half and missed the opportunity to cash out of the trade for a profit. Instead, the trade ran until the end, in a match Lazio won. This error (and lack of concentration?) increased my earnings, but if it had finished 2-2, I would have been looking at a loss. I got lucky with this one.
Four first-half automated trades won, so this helped me return a decent profit on Saturday.
I started the week with a balance of £679.95
Balance is now £710.54
November ends. Christmas is nearly here. My kids are excited now the decorations are up.
I'll be honest; I love this time of the year. Time off work to spend with the family, eating too many mince pies, drinking wine, playing board games and likely unwrapping new socks and seven deodorant and shower gel gift boxes from the family (who didn't know what else to get you!)
With regards to the trading, I wasn't sure what to expect before calculating the total P&L. I expected my number of trades to be lower due to the time I took out to trade for Children In Need and the International football schedule. I would be happy if I made 10-15% return on balance though.
Before I worked it all out, I had a couple of days left to trade before December arrived. This is how Friday and Saturday went.
I won't add Sunday's results, as this post is to document how my trading concluded in November.
Antwerp v Mechelen
Belgium Pro League
I profiled this match, expecting the game to start lively and either side to score a goal before half-time. Based on this, I entered the market to Lay "Under 1.5 first-half goals". If there were goals within a certain amount of time, then I'd look to secure some profits.
It didn't work out. I thought I was going to earn a profit at the end of the first half, but Antwerp missed a penalty in the 45th minute. A losing trade.
I kept this match open on the monitor and still believed there was going to be a goal in the game. The score was still 0-0 midway through the second half, so I opposed the current score.
It worked out well. As expected, there was a goal in the 75th minute for the home side. Antwerp went on to win the game 1-0.
Marseille v Brest
French Ligue 1
I usually prefer trading the goals markets, but for this one, I decided to back Marseille “in play”.
At half-time, the score was still 0-0, but Marseille had 64% of possession and 13 attempts at goal versus Brest who had just the one attempt all half.
I entered the market because I believed Marseille would at least take the lead, if not win the game.
Marseille took the lead after 56 minutes, so I was able to secure in a profit.
Schalke v Union Berlin
It was midway through the second half, and both teams were having plenty of attempts on goal. The score was 1-1 and appeared to me; it wouldn’t end as a draw. A goal was coming.
I decided to oppose the current score, expecting a winner from either side. I managed to get a lay price below evens, so my risk to reward was positive.
The goal arrived late in the match. Serdar scored for Schalke in the 86th minute, and as a result, I locked in a healthy profit, as will be shown in summary below.
Automate: First Half goals market
On Friday evening and Saturday morning, I continued testing some Bet Angel bots. As mentioned previously, it’s something I used to do but didn’t give it much of a chance.
After speaking with fellow traders over the past few days and weeks, I want to study this style of trading again. I like the idea to automate my trading, if and when possible, to remove the emotions from my decisions.
I don’t plan to use it all the time, and even if I wanted to, I don’t think I can automate all of my trading methods, due to various situations in a match.
Today I set up the bot to trade the first half goals market, in matches, I was expecting a slow start and ideally no goals. If there were an early goal, I’d either break even or maybe return a small win (or loss).
I spent the morning selecting the games and put them into Bet Angel. I armed the bot and let it run. Here’s how they went.
I was satisfied with the results when I reviewed them later in the day. Three trades and three wins. A small sample size, but it’s a good start.
Moreirense v Aves
A game I added to my shortlist to see if I could enter the market in-play. Moreirense were at home and favourites with the bookies and market makers. I was expected to get a result from this game.
Aves took an early lead in the 5th minute. As soon as the market settled, I layed Aves, as I was certain Moreirense would get back into this game.
In the 13th minute, Aves had a man sent off. As a result, the odds moved in my favour before a goal was scored. I had to think fast here. I could stay in the trade until a goal is scored, or manage the open position to lock in some profits. I was conscious of the fact the ten men of Aves might put on a defensive display and frustrate the home side.
I decided to manage the position so I'd get something out of the trade.
Moreirense scored two goals in the first half to lead 2-1 at half-time. They went on to win the game 3-2 — a winning trade.
Piast Gliwice v Slask Wroclaw
Like with the Moreirense v Aves trade, I paused to see how I could trade this match in play.
When Slask took the lead in the second half, I checked the stats to see if there was any indication Piast, being at home, had a chance to get back into the game. In the first half, they had 54% possession, ten attempts on goal compared to Slask’s 2 efforts. I felt the home side could get back into this game, so I layed Slask.
Well, it wasn’t to be. Slask went and scored a second goal in the 76th minute. I decided to exit for a loss and move on.
In the end, Slask scored another goal and won the game 0-3 away from home.
Mallorca v Real Betis
Spanish La Liga
I had this game marked as a home win. When I saw Betis take the lead in the 7th minute, I felt there was plenty of time for Mallorca to get back into it. I opposed Betis for a price I felt offered value.
When Betis took a 0-2 lead after 33 minutes, I had to bite my lip, take the pain, and exit for a loss. I stuck to my plan, but inside I was tempted to keep it running longer as there was still 60 minutes left to play.
In the end, Mallorca scored but lost 1-2 at home. Another loss for me today.
Nice v Angers
French Ligue 1
Nice were favourites playing at home. They've lost one game at home in the league in their last five matches. Angers, on the other hand, have been poor away from home recently. Without a win away from home in their previous five games, one of those was in the cup.
When I noticed Angers take the lead after 22 minutes, I opposed them, expecting Nice to get back into the game.
I was accurate to do so. Nice made it 1-1 in the 39th minute. I decided to secure some profits and was comfortable knowing I won't lose anything in this trade.
As I was suspecting, and why I entered the trade as I did, Nice won the match 3-1.
Last week I posted a negative return. I'm pleased I had more favourable returns to finish November.
Here's the P&L for Friday and Saturday's trades.
Starting balance from the mid-week trading was £651.
Friday & Saturday P&L +£28.95
The balance at the end of November is £679.95 (+161% ROI since 1-August-19)
I'm pleased with how Friday and Saturday went. It's nice to see a green P&L, unlike a red one I had mid-week.
What were my returns in November? Have I made a 10-15% return this month? I've put the details over in the monthly report section.
Now let's see how December works out and if I can finish the year (and decade!) in style?
"Trading sports online is to back (in favour) a team or individual and then lay (oppose) at a lower price (odds) for a profit before the sporting event finishes. Alternatively lay (oppose) a sports team or individual and then back at a higher price (odds) for a profit." - SportsTraydor.