Posts tagged "Soccer Trading Journal"

Sports Trading Diary Entry 10 260312

Sports Trading Diary Entry 10 260312

Daily update of my sports trading progress.

This week has been a strange week football trading wise. I have continued football trading using the adapted football trading strategy that I started using at the back end of last week – the gains continue, although I have had a couple of stagnant days football trading wise due to me being on a course on Monday – continued below…

I started sports trading (mainly football matches) on Bet Fair at the beginning of February 2012.

Follow my progress in my daily (almost!) updated sports trading diary entries.

Firstly though, I missed out on a fabulous offer for new sports traders to get a free £25 bet – the first time they start sports trading on Bet Fair. So to make sure you don’t miss out on this wonderful offer;

Claim a risk free £25 free bet at Bet Fair, click Bet Fair £25 bet. Make sure when you join the site, that you use or see the code HU4XE6MTR in the relevant voucher area to get your risk free £25 bet.

If HU4XE6MTR doesn’t show in the relevant box when you are filling in the joining page, you might not get your £25 free bet and that would be a shame to miss eh?

Anyway, I attempted to describe this adapted football trading strategy to a friend at the weekend and the best I could come up with was; reduced risk gambling! Although, to be honest all football trading has it’s risks, as we are counting on 22 players who are kicking a bag of wind around not to muck things up for us, before we exit our football trade successfully!

I have also this week started testing a couple of BetFair Strategies and I will be reporting back with my findings on these as and when they prove to be profitable. To see the BetFair trading strategies check this link; BetFair Strategies.

Bet Angel

I also this week attended the ‘first day’ of the the Bet Angel sports trading course and had the pleasure of meeting Peter Webb – as well as other fellow sports traders on the course.

The course is held in Bet Angel‘s training room, situated at their offices in the village of Hook in Hampshire.

In Bet Angel’s comfortable air conditioned and well designed training room there is ample desk space for six students. Each desk is set on it’s own with perfect view of the speaker and projector / white board etc. Each desk has ample power plugs and when using your own laptop for various tasks it’s easy to connect to the Bet Angel wifi network.

Basically once per month Bet Angel offer a free morning’s course on sports trading; you can then if you wish pay an additional £59 to attend the afternoon session; which delves deeper into using the Bet Angel software. As you can imagine you need to contact Bet Angel to get your name down for the freebie sports trading course as places fill up pretty quickly.#

I had opted to pay and stay for the afternoon sports trading session. If you so desire you can attend a further course (usually the next day) for around £400 that goes into sports trading strategies using the Bet Angel trading software.

On the day I attended, out of six ‘students’ there was a bloke who’d flown over specially from Australia to attend both day’s sports trading courses; as well as two chaps from Ireland.

Apparently it’s not unusual to find people from all over the world on these two day sports trading training courses – which obviously adds additional credibility to Bet Angel‘s sports training course.

It quickly became apparent was that of the six of us attending the course, only two of us hadn’t chosen to do the second day. The other four sports traders all had booked into a local hotel for the night. I and the other guy (I think) by the end of the day wished we had done likewise!

I plan to complete the second day of the Bet Angel course as soon as possible. Take my advice if you can; choose to do both courses and don’t feel regret at the end of the first day that you’re not coming back for the second half tomorrow!

The first day’s course was led by a guy called Tim Leal, who described himself as a full time sports trader. The second day was going to be being led by Peter Webb. During the first day, Peter Webb popped in and out from his office adjoining, clarified any points that we might have been discussing or answered questions that we came up with during our lunch break.

Tim Leal spoke informatively and easily on the subject of sports trading. He went at the pace of the slowest person of the group, which was a good thing; as it gave everyone chance to come up to speed.

He also (as he taught) was logged into the training mode of Bet Angel trading software, which uses live data from BetFair and the information he was talking on was displayed on the projector screen and also on the vdu on each individual desk.

He also invited us to log in to our own computers, load up the Bet Angel trading software and set it to training mode and trade with him or watch results as we spoke – without of course the risk of losing any money!

All in all the £59 for the afternoon session of the Bet Angel training course was good value for money in my opinion. The free version would have been good for beginners, but in all honesty you’d want to stay for the afternoon part; as we’d barely scratched the surface of the sports trading topic – apart from the basic functions of the Bet Angel / Betfair trading interface.

When you also add in the fact that you get a free lunch as well, £59 is bloody good value in my opinion for the Bet Angel sports trading training course.

Sports Trading Diary Entry 10 260312

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Posted by FootballTrader - March 29, 2012 at 2:28 pm

Categories: Betfair Bots, Betfair Software, Sports Trading, Trading Journal   Tags: , , , aik u21 v gefle u21 match abandoned, aik u21 v gefle u21 match abandoned what happenes to my bet, AIK U21 vs Gefle IF U21 april 4, , arsenal kiew kiew obolon tipps, B Munich-A v G Furth II, , , , , , bet angel, , Betfair Software, , , , , , , , , , , , fs st.gallen-etoile carouge live 5-4-2012, galatasaray sk u20 vs antalyaspor u20 06042012 score, , honved u19 v felcsut se u19 tips preview, honved u19 vs felcsut se u19 6 de abril, honved-hungarian football v felcsut se u19, ingolstadt _ mannheim fotbal 05042012, , , , japan football women 05042012 brazil, , , , payang united vs pailan arrows live scores, , , , , , soccer betangel, , , , , , , , , , vitoria ba vs bit da conquista 05.04.2012, ,

Sports Trading Diary Entry 9 260312

Sports Trading Diary Entry 8 260312

Daily update of my sports trading progress.

I started sports trading (mainly football matches) on Bet Fair at the beginning of February 2012.

Follow my progress in my daily (almost!) updated sports trading diary entries.

Firstly though, I missed out on a fabulous offer for new sports traders to get a free £25 bet – the first time they start sports trading on Bet Fair. So to make sure you don’t miss out on this wonderful offer;

Claim a risk free £25 free bet at Bet Fair, click Bet Fair £25 bet. Make sure when you join the site, that you use or see the code HU4XE6MTR in the relevant voucher area to get your risk free £25 bet.

If HU4XE6MTR doesn’t show in the relevant box when you are filling in the joining page, you might not get your £25 free bet and that would be a shame to miss eh?

Betting Profit & Loss 260312

So as far as an update of my daily sports trading diary is concerned for Monday 26th March 2012, it’s been a surreal weekend / start to the week.

I traded like a maniac on Saturday on most of the football matches up until 5pm. I then had a pre-arranged night out with mates, so called it quits.

The image at the top of the page is my Betting Profit and Loss for the 25th of March and the image on the left is what I’ve just taken from BetFair for the 26th March 2012.

I’ve included the Geeks Toy with the time and date and total in each, so there’s an independent reference. I know how some are disbelievers – myself included when I visit sites, it is after all only natural. So all I can say is that on the majority of the posts I have made on the football trading blog so far, I have attempted to include an image with more than two different independent references on it cut and pasted from my browser – even in the really ‘bad’ times a couple of weeks ago!

Anyway, today I went on one of the one day BetFair Trading course run by Bet Angel. The morning part of the course was a freebie and the afternoon part was paid at £59 or so. On the course was a wide variety of sports traders. One of whom had come all the way from Australia to do the course. He arrived on Saturday and is going home on Wednesday – the course actually had another day to it and was running again tomorrow, which I and one other newbie football trader hadn’t booked.

Tomorrow they are learning trading strategies using the Bet Angel trading software, which looked very interesting – I just need to get my head around what’s happened so far with the football trading using the techniques I seem to have discovered off my own steam, before completing the second day of the Bet Angel trading course which covers in-depth various trading strategies at some point in the future.

I’ll do a football trading post on the first part of the Bet Angel course that I have just completed, but for now my head feels like it’s going to explode, I’ve had a long drive in each direction – made even worse by the traffic round the M25 which is no doubt the ‘devil’s own satanic highway’, plus 6 hours of classroom time the likes of which for opportunity has got my mind working over time.

It has all somewhat done me in a bit!

That’s it for this sports trading diary update. I will post again once I have re-charged my batteries and tell you more about the Bet Angel course.

Sports Trading Diary Entry 8 260312

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Posted by FootballTrader - March 26, 2012 at 7:02 pm

Categories: Sports Trading, Trading Journal   Tags: , , , , aik u21 v gefle u21 match abandoned, aik u21 v gefle u21 match abandoned what happenes to my bet, , , , , , , , football results 260312, , , , , , , , , , , , , , , , , , , , , , , , , ,

Best Day Football Trading So Far 23/03/2012

Best Day Football Trading So Far 23/03/2012

It’s late evening / just gone midnight and Saturday is now upon us… Just!

I’m doing this update because Friday 23rd of March 2012 was so far my best day Football Trading by a country mile. Not including the luck on the horses I had during Cheltenham week, which I posted about here; which doesn’t really count as that was down to pure luck on the horses after placing an accumulator on a few tips I’d heard about.

Today I really felt in the zone trading wise. I was doing what I always talk about doing – trading not gambling on the football, looking for 5% of my stake on each trade and exiting as soon as I had it and / or getting out within 5 minutes of entering the trade if the 5% didn’t materialise.

I started the day very badly indeed. I usually include an image in my posts with my current BetFair balance included in it – either direct cut from BetFair or via The Geeks Toy, so I can’t be accused of fibbing.

My BetFair football trading bank balance at the start of the day was £192.56 and the first two trades of the day resulted in losses. I usually trade with stakes of 10% or £10. When you lose and only have a small starting BetFair trading balance, it really hurts!

I thought the day was going to be one of those days… I sat in front of my computer and was between trades, so decided to flick through my rapidly growing old Sports Trading Log‘s, to see if there was something I was doing today that was different and maybe causing the problem.

It was then that I discovered after reading a few really early sports trading logs a strategy that I was using back at the beginning of February 2012. I realised that I hadn’t given this strategy a fair crack of the whip and even worse, hadn’t been using a decent staking plan, so the profits (and potential losses) didn’t make much sense when reading through it.

I decided to give this strategy another go today and blow me, I couldn’t seem to miss! I started trading with £5 stakes as I was unsure about it – I had after all abandoned it back in February and had a niggling feeling as to the reason why. But by my last trade a few moments ago, I had scaled up to £30 stakes in the space of a few hours…

Best Day Football Trading So Far 23032012

Take a look at the image to the left and you’ll see my BetFair account and The Geek’s Toy interface with time/date and BetFair trading balance.

If you click the image it will open up much larger in a window- but don’t forget to click back on your browser to come back to this post! 

You will also see a list of trades from the last couple of hours of today’s trading. I managed to clock up 74 Football Trades in total today… Wowser!

I also on top of the Football Trading had a small amount of success today with two £1 each way accumulators on the horses.

Unfortunately one horse in each accumulator let me down and came second, which is a shame as the payout on the win side of the accumulator would have been fab! But it added another few quid to my BetFair trading balance by doing the same thing I usually do day in and day out on the gee-gees, as I know completely nothing about horse racing!

When messing around with the horse races I usually only bet on accumulators. I go to the multiples section of BetFair, pick Horses and then pick GB. I then go through the meetings and look at the top three horses in each race. If the horse stands out to me for whatever reason above the other two, I add it to my multiple – that’s about it, no science, checking chicken gizzards, which way the wind is blowing or anything like that!

I have used this accumulator method for a while and I seem to get a fair return. A mate told me that I’d be better sticking the £2 on win, instead of splitting it like I do and putting a pound on win and a pound on each way. But I seem to generally at least get my stake back and this bet is just a bit of fun for me.

Anyway, back to the Football Trading… I started Friday the 23rd of March 2012 with a BetFair trading balance of £192.56 and ended it with £428.62! A whopping profit of £236.06… Don’t tell the wife, she’ll want another cut!

I shall obviously be carrying on with the football trading strategy that I have used today and add it to my list of potential trades for each match I look at. Of course it may just have been luck today that the criteria for this strategy was met on a large number of matches; but I’ll keep you posted and fingers crossed that this one is the ‘golden goose’!

Best Day Football Trading So Far 23/03/2012

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Posted by FootballTrader - March 24, 2012 at 2:33 am

Categories: Sports Trading, Trading Journal   Tags: , , , aik u21 v gefle u21 match abandoned, aik u21 v gefle u21 match abandoned what happenes to my bet, , , , , , , , , , , , , , , , , , , , , ,

Sports Trading Diary Entry 8 230312

Sports Trading Diary Entry 8 230312

Daily update of my sports trading progress.

I started sports trading (mainly football matches) on Bet Fair at the beginning of February 2012.

Follow my progress in my daily (almost!) updated sports trading diary entries.

Firstly though, I missed out on a fabulous offer for new sports traders to get a free £25 bet – the first time they start sports trading on Bet Fair. So to make sure you don’t miss out on this wonderful offer;

Claim a risk free £25 free bet at Bet Fair, click Bet Fair £25 bet. Make sure when you join the site, that you use or see the code HU4XE6MTR in the relevant voucher area to get your risk free £25 bet.

If HU4XE6MTR doesn’t show in the relevant box when you are filling in the joining page, you might not get your £25 free bet and that would be a shame to miss eh?

It’s been a couple of days since I updated the Sports Trading Diary, although I made a post to this section and gave you access to my Sports Trading Log, which is a spread sheet that you can download and then adjust to meet your needs; to record details of each individual football or sports trade that you get involved in, add notes, etc.

I have also continued to update daily the in-play football coupon, which you can cut and paste the day’s fixtures from into the Sports Trading Log directly – I do this on a daily basis and have the football fixtures in a format that fits the Sports Trading Log perfectly, so it seems a shame for me to waste the time taken to do this and not post it up on here for everyone to use eh?

Anyway, financially I seem to have been treading water since my last post. I think I signed off with £190.31 on Tuesday and today I have £192.56. So a small profit of £2.35 – although I have had a couple of days worth of fun trading in-between, I don’t seem to have much to show for it!

I would have had even less, had I not been extremely lucky with a trade early this morning… I work from home and sometimes the work I do requires me to work odd hours and pull all nighters when the work load is high. Last night / early hours of this morning was one such example of this and as I was working, I was also trading on the football matches being played in South America.

I have a ‘thing’ about the style of play in South America. Football seems to be played at pace and with huge skill in the countries below the equator on the Americas. I particulary have a soft spot for some reason for a team in Mexico called Club de Fútbol Jaguares de Chiapas or The Jaguars in English.

This team has been pretty lucky for me this last few weeks and I seem to have developed a soft spot for them and have been following their games and progress in the Mexican Premier Division… Ahem! I also think it’s funny that they’re sponsored currently by Sol and are the first football team to replace their names on their shirts with their Twitter nicknames!

Anyway, last night (early hours of this morning) I was beavering away on a project and had the live football scores on in the background with an audible alert set, so I would be notified of any goals in any of the matches being played.

The whistle sound alerted me to a player being sent off and I switched screens to see that The Jaguars had had a player sent off in their game against Pachuca CF in the first two minutes of the match. I switched over to BetFair to see if this match was being played ‘live’ in the BetFair live video feed, and sure enough it was; so I reduced the size of the video feed screen so I could have it overlaying the computer screen I was currently working on on my laptop and watch the match whilst I worked.

Jaguares v Pachuca

Now as I said, I have a soft spot for The Jaguars and ten or so minutes after they had a player sent off, they scored a goal. I decided to have a punt on them… Naughty, naughty I know.

Then bugger me ten minutes later they only went and scored a second goal, so I doubled up my initial bet and ended up backing them with £20 to win, expecting to lay it off and trade out once the market settled down for a nice profit.

Anyway, the law of sod comes in to play and for some reason BetFair goes down and I can’t trade out because the dreaded ‘SUSPENDED’ sign appears.

I then start to sweat (and swear) a bit, as I’ve backed a team with ten players, against another team at a similar position in the league who’ve still got 11 players… Of course the law of sod plays out fully and Pachuca CF go on to score a goal late in the first half. So it’s now 2:1 with The Jaguars winning but with ten men and the suspended sign still displaying.

It gets to half time and still no sign of the suspended marker coming off, so I go out to the kitchen for a cup of tea and a smoke to try and relax. When I come back (after longer than expected, but the suspended sign had been on for most of the first half and I’d resigned myself to having to see the match out without being able to trade out) I find that the second half has started and Pachuca CF are going for it big time and still no sign of the Suspended sign coming off.

The Suspended sign finally comes off and I’m trying to trade out, but of course the world and his wife is also trying to trade out as well; then Pachuca CF score an equalizer… Bloody sods law!

What happens next is the most amazing game of football that I’ve had the privilege of watch for a very long time. It would appear that both teams decide that they can win the match and go hell to leather playing attacking end to end football. The Jaguars with ten men against Pachuca CF with eleven. The Jaguars coming very close to taking the lead again but missing a couple of real sitters.

I resign myself to not being able to trade out. The lay figure would give me about 30p and I might as well gamble the 30p as I’ve already lost the lion’s share of my twenty quid. Then at 81 minutes in and with me resigned to losing my £20 The Jaguars take the lead again with a superb goal… The odds stay the same for ages and for some reason I find that I’ve backed them again with another tenner!

I then have a nerve racking few minutes whilst Pachuca CF and the fourth official who gives an extra 4 minutes of added time attempt to conspire against me (and The Jaguars) and equalize again.

Thankfully the gods of BetFair are on my side and The Jaguars manage to see out the rest of the match and give me a nice £23 profit on top of the whole experience.

Would I repeat it again? My head says no, and had it not been for the Suspended sign appearing for some unknown reason I wouldn’t have gone through it the first time. But then again I’d have missed out on the £23 odd profit.

Repeat after me the mantra ‘Trade, Not Gamble. 5% or 5 minutes maximum’

That’s it for this Football Trading Diary update – check the image in the middle of the post for proof of what I’ve written. It’ll enlarge to full size if you click it…

Sports Trading Diary Entry 8 230312

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Posted by FootballTrader - March 23, 2012 at 7:36 am

Categories: Sports Trading, Trading Journal   Tags: , , , aik u21 v gefle u21 match abandoned, aik u21 v gefle u21 match abandoned what happenes to my bet, , , , , , , , , , , , , ,

Sports Trading Log

Sports Trading Log

The download link to the spreadsheet I use for keeping track on my daily football trades on Bet Fair can be found by clicking sports trading spread sheet.

If you haven’t yet created a Bet Fair account, make sure you enter code HU4XE6MTR when signing up to claim a free Bet Fair £25 bet.

To see how I use the sports trading log in conjuction with the daily in-play football coupon, carry on reading below!

Pretty soon after starting trading sports online, I realised that I needed to keep a written daily record of my sports trading activity during the day – to ensure that I kept track of the sports trades I was involved in.

As you can imagine, if you’re sports trading on a day with a busy in-play football coupon schedule, the potential sports trade opportunities come thick and fast. If you don’t have a sports trading log to keep track of things, you could easily forget about a sports trade that you’ve left ‘open’, when you should have closed it earlier for a profit. 

Sports Trading Log

I have created a sports trading spread sheet, it looks like the image to the left. I use that as my sports trading log to keep track of open trades and profit and loss for each individual sports trade.

The sports trading log has 5 columns going across from left to right that I use to keep track of the various football trading strategies I’m using - I’ve scrubbed out the names of each on the image on the left, as several are experimental football trading strategies and I wouldn’t want to lead you up the garden path with them!

These columns are set to fit perfectly on an A4 piece of paper, so if you want you can print off the sports trading log and use it to hand write results and/or profit and loss for your daily sports trading; or of course you can enter details directly on to it on your computer.

There’s also a column at the far right that I use to enter any comments about the particular sports trade in question.

I then cut and paste the daily in-play football coupon on the left hand side column of the sports trading log, which then lists the teams and the time of kick off. As I create a daily sports trading log I post the football matches that have been included in the Bet Fair in-play football coupon on a daily basis to this page here; Football Fixtures Today.

A daily sports trading log like I’ve shown above is pretty easy to create, you basically then have your sports trading log in front of you and the only other things you need is a pen or pencil and a highlighter pen if you’ve printed off the sports trading log and you’re hand writing the trades that you’re involved in. Of course if you’re not hand writing the trades, you can enter them direct on your computer.

I hope you find this sports trading log useful.

Sports Trading Log

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Posted by FootballTrader - March 21, 2012 at 6:44 pm

Categories: Football Fixtures Today, Sports Trading, Trading Journal   Tags: , , , , aik u21 v gefle u21 match abandoned, aik u21 v gefle u21 match abandoned what happenes to my bet, , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Sports Trading Diary Entry 7 200312

Sports Trading Diary Entry 7 200312

Daily update of my sports trading progress.

I started sports trading (mainly football matches) on Bet Fair at the beginning of February 2012.

Follow my progress in my daily (almost!) updated sports trading diary entries.

Firstly though, I missed out on a fabulous offer for new sports traders to get a free £25 bet – the first time they start sports trading on Bet Fair. So to make sure you don’t miss out on this wonderful offer;

Claim a risk free £25 free bet at Bet Fair, click Bet Fair £25 bet. Make sure when you join the site, that you use or see the code HU4XE6MTR in the relevant voucher area to get your risk free £25 bet.

If HU4XE6MTR doesn’t show in the relevant box when you are filling in the joining page, you might not get your £25 free bet and that would be a shame to miss eh?

Well after pouring out my feelings yesterday about the weekend’s disaster, things seem to have picked up for me again yesterday.

I started football trading in the morning in between doing other ‘proper’ work stuff and of course yesterday was a little restrictive on the number of games on the in-play football coupon at Bet Fair.

I re-affirmed my strategy and kept looking up at my ‘Trade 5% or 5 Minutes’ poster printed off in huge font that I have sticky taped to the wall in my line of sight when I’m sitting at my computer. A few football trades that I would have normally left to run, I ducked out of early to ensure that I greened up on them and left with a guaranteed profit in the trade.

Several of the football trades that I ducked out of did run to the end and I would have made a little extra profit, but two of the football trades that I was involved in resulted in a late equalizer that would have left me well in the red profit wise, so I am pretty pleased about that.

I also once again had a little luck with one of my horse racing ‘fun’ accumulator bets, that added to the day’s overall profit – although the accumulator bets didn’t give me a massive profit like the one last week did, it all adds up to a profitable day’s sport trading and fun betting!

Horse Racing Accumulator Bet Fair

I ended the day with a little over £200 in my Bet Fair trading account.

Once again today I have placed several fun accumulator bets on the day’s horse racing at the various race tracks in the UK.

Whilst these horse racing accumulator bets are just a little bit of fun for me, there are I know several sites who sell the exact same strategy that I use when choosing horses and the staking plan. That’s pretty funny if you ask me, as it’s just common sense and sticking to a strategy on the long term. The exact same method I have used on and off for several years - both in traditional bookmakers on the high st and on various well known bookmaker sites online.

So after placing the horse racing accumulator bets I am left with £190.31 in my Bet Fair trading account. I ended the day’s sports trading on Monday with £162.14, so I start today with £190.31 – a profit of £28.17 which of course isn’t a true reflection of just my football trading activities for the day previous, but is nice all the same!

The goal of course still remains to reach the £500.00 Bet Fair trading bank level and see if I can then generate enough profit daily to start ‘taking’ money out of my Bet Fair trading balance back into my bank account and please the wife!

Sports Trading Diary Entry 7 200312

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Posted by FootballTrader - March 20, 2012 at 1:28 pm

Categories: Sports Trading, Trading Journal   Tags: , , , , , , , , , , , , , ,

Sports Trading Diary Entry 6 190312

Sports Trading Diary Entry 6 190312

Poor weekend for me football trading wise – to read my conclusions as to why, see below.

Daily update of my sports trading progress.

I started sports trading (mainly football matches) on Bet Fair at the beginning of February 2012.

Follow my progress in my daily (almost!) updated sports trading diary entries.

Firstly though, I missed out on a fabulous offer for new sports traders to get a free £25 bet – the first time they start sports trading on Bet Fair. So to make sure you don’t miss out on this wonderful offer;

Claim a risk free £25 free bet at Bet Fair, click Bet Fair £25 bet. Make sure when you join the site, that you use or see the code HU4XE6MTR in the relevant voucher area to get your risk free £25 bet.

If HU4XE6MTR doesn’t show in the relevant box when you are filling in the joining page, you might not get your £25 free bet and that would be a shame to miss eh?

Saturday 17th March and Sunday 18th March 2012 turned out to be my poorest two day’s football trading since I started trading football at the the beginning of February 2012.

I started Saturday 17th March with a Bet Fair trading balance of £311.64. This was the result of a very lucky accumulator win at Cheltenham during the week; which I kept half of and transferred the other half back to my bank account.

I was optimistic that I would continue my daily percentage increases over the weekend with football trading and add to the total that I had built during the week. That was until I made ‘school boy’ errors with football trades that I should have exited from for a small loss, instead I decided to stick it out with these football trading opportunities, what could go wrong, I had after all been pretty lucky during the week, surely my luck would continue?

The football trade started with me backing a home team who scored first in the opening 10 minutes of the first half. This football trade looked to be going well, and then the home team scored again and made it two nil – even better.

I decided to back them again and doubled my football trade, instead of trading out for the ‘green up’ profit that I was seeing with my first trade. I decided to wait until half time when if things had run to form, the profit would have been even higher.

So everything is going great, it’s a few minutes before half time and the away team have a player sent off – even better for me, I’m backing a team that’s two nil up and now playing ten men!

I’ve backed the home team twice already, I’m seeing a big green up figure of potential profit and now that the away team have a player sent off I decide to back the home team again… I’m now backing the home team three times for the total of £75.00 and expecting to see a big green up profit, I decide to sit it out until the end of the match for the full amount showing in my ‘potential’ profit area.

Sitting it out until the end of the match is gambling with the profit I’m already seeing, but it’s a good risk I think; as the team I’ve backed are up two nil and playing against 10 men.

So the second half starts and the away team score very early in the second half, it’s two – one now. My green up figure disappears as the football trading market goes into over-drive. I decide to wait whilst the football trading market settles down and then trade out.

I think to myself that it’s bound to settle down and leave me with a green up figure, as I’d managed to get my first football trade on the home team on odds of 1.55 when they scored their first goal. Which was pretty fortunate in the first place and so everything is going to be ok.

Whilst waiting for the football trading market to calm down, calamity of calamties; the away team score a second goal and equalize. It’s now 2-2 and my green up has completely disappeared and I’m looking at a massive ‘red’ loss figure showing me if I trade out, I’d lose over half of the £75.00 that I’d backed the home team with.

At this point I’d missed several chances to trade out and green up on this football match and was pretty angry with myself, but a little voice in my head said ‘calm down, everything will be ok’. I had after all backed the home team favourite, and they on paper are still favourite to win and are now playing against a team reduced to ten men…

I stupidly decide to back the home team again with another £25.00, making my total investment in this football trade £100.00. The odds are now so good that when the home team score again as they should and win this match against 10 men, I’m going to be seeing a massive profit on this football trade.

So the match trundles on and the market settles down with the odds reflecting a draw, but with the home team being favourite to win as they are playing against ten men. I could have traded out at any point between 60 and 75 minutes and showed a smallish loss for this football trade and moved on to the next one.

So of course now the law of sod comes in to play. The home team throw everthing at the away team, but can’t get the ball in the back of the net. The away team’s penalty area is under seige for 30 odd minutes but the home team can’t score.

The match ended 2-2. The home team failed to score a third goal against an opponant with only 10 players on the pitch and I lost £100.00!

Looking back I made several stupid mistakes, and missed several opportunities to trade out for a respectable green up profit. I then had the chance to trade out for a loss when the away team scored their first goal and could have also traded out for a loss in the second half for a smaller amount, but nothing like the full £100.00 loss that I ended up with at the final whistle.

I committed the first sin in football trading – leaving things up to the players on the pitch!

I committed the second sin in football trading – being greedy!

I decided to call it quits for the day as I was in no mood to concentrate on football trading, so I switch my computer off and the familiar beeps and bongs when a team score don’t ring out from my computer on a Saturday afternoon for over 6 weeks.

I wake on Sunday and decide and my Bet Fair trading balance is showing £211.64. Yesterday wasn’t a dream, I really had lost £100.00 on a football trade that I could have easily profited from or traded out from when things went against me for a smaller loss.

I decide that the reason is due to me playing with higher stakes when football trading that I hadn’t earned or gotten used to naturally – due to my Bet Fair trading balance being inflated due to luck at Cheltenham and not due to Football Trading.

I decide to withdraw another £50.00 from my balance back to my bank account and therefore leave my Bet Fair trading balance at £161.64. I think to myself that this is a more realistic figure for my trading balance, had I not have won at Cheltenham and inflated it with winnings not ‘earned’ football trading.

Sunday was a strange day for football trading. Obviously being the weekend and with a young family, we had family stuff to do. I only managed to get involved with a couple of football trading opportunities in the day and a couple more in the evening due to other commitments.

I end the day £164.14 a small profit on what I started the day with of £2.50, but a profit all the same. I intend as usual to have a £1 each way accumulator on the day’s racing, so in effect I will start the day today with a Bet Fair Trading balance of £162.14 – a big difference to what I started with on Saturday, but for some reason I feel confident today that I have learned a valuable lesson.

So it’s now Monday 19th March 2012 and I’m starting football trading again hurt from the weekend’s tough lesson, but determined not to make the same mistake again. The in-play football coupon for today is limited to say the least, but we’ll see what the day brings and onwards and upwards with football trading.

Sports Trading Diary Entry 6 180312

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Posted by FootballTrader - March 19, 2012 at 11:09 am

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