Happy Halloween everyone. The month of October comes to a close but before I reflect on the month of sports trading, I'll post my mid-week results.
Basaksehir v Trabzonspor
Turkey Super Lig
A game I shortlisted earlier in the day, expecting goals. At half time the score was still level at 0-0, so I entered the market, opposing the current score, anticipating a goal.
The goal arrived midway through the second half. Former Liverpool and Chelsea striker, Daniel Sturridge scored a penalty making it 0-1 to Trabzonspor. A winning trade to start the week.
Sandhausen v Wehen
Another game I shortlisted earlier in the day. (See, I'm learning from my mistakes that I mention in my last post. I'm entering games I have identified pre-match!)
At half time the score was 0-0. Looking at the first half stats and it being a game on my shortlist, I entered the goals market, opposing the current score.
It wasn't to be. Although Sandhausen went a man down in the 63rd minute, there were no further goals in this bottom of the table clash. The game ended 0-0, and so this was a losing trade, wiping out the profits from the earlier game.
Monday finished with one win, one loss, so a break-even day.
Brescia v Inter Milan
This match was the only trade that met my pre-match criteria. It was a game shown on BT Sport, so I sat and watched this match from the comfort of my living room.
Inter were winning 0-1 at half time. The second half started lively with Balotelli going close to scoring for Brescia early on. At this point in the match I sensed there were more goals in the game, so I layed the goals market expecting more goals.
I didn't have to wait for long. Inter Milan made it 0-2 in the 63rd minute. I came out of the trade with a profit, in what was to be my final trade of October. Inter Milan went on to win the match 1-2.
No further trades for me this week. Other commitments and Trick or Treating with the family on Halloween night.
I started the week with £579.32
Midweek P&L +£8.80
Balance is now £588.12 (ROI +126% since 1-August-19)
My thoughts as I look back in October.
The good news is that I hit my minimum target of 15% ROI a month. I have posted an update in the "Monthly Report section."
Compared to September, I believe the most significant difference in my trading is that I was staking between 4-9% of the bank in September. I made a conscious decision to revert to a more conservative staking plan between 1-2% of the bank this month. Is that playing too safe, I wonder?
My preferred style of trading since September has been to trade the second-half, where I'm expecting one or more goals. If I'm honest with myself, it's a preferred style of trading, to expect more goals (or not) rather than backing or opposing a particular team.
I tried some first-half trading in August and a few more attempts this month, and I will keep looking for an angle for trades in the first half, but I'm not convinced by it at the moment. Maybe I will find something in the future but going into November; I'm sticking with second-half trading.
What're my plans for November?
Good luck to my fellow sports traders in November! Stay green!
"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.