Not really much to speak of this week with the weather causing havoc to the racing schedule and there doesn't look to be any end to it just yet. I have been dabbling a small bit n the Aussie racing just to keep my hand in and it is difficult in my opinion with the lack of liquidity in the markets, there are no definite trends and it all feels a bit of a grind. Can't wait until we're back on full schedules and the summer can't come soon enough for me.
Tonight I decided to watch just 1 darts match that took my eye, Taylor v Lewis in my opinion the best 2 players playing at the moment and always a titanic clash. I had looked at the pre off odds and Taylor looked far too short to me, he hardly impressed in the World Championships and looked average in last weeks world cup (admittedly Lewis not much better), however Lewis has won the last 2 world championships an I decide that I was going to lay Taylor at 1.96 with a view to trading out pretty early as I have learnt to my cost that it's so volatile, you are asking for trouble holding onto positions.
My work was done within 3 minutes as Lewis raced into a 2-0 lead, I took the profit then as I was following my plan and wasn't in the slightest bothered by the fact that Lewis raced into a 6-1 lead and therefore would of made me considerably more money.
What we witnessed next was just awesome, Taylor roared back to take it to 6-6 with both men playing great darts and in the end they shared a 7-7 draw!! What a sport for trading if you have the right strategy, not that I'm too interested in Darts but I do like to keep my eye on the bigger match ups and tonight it didn't disappoint.
Been working a bit more on some possible Football strategies, which is good fun and enjoyable but finding a clear edge for me.... Is difficult to say the least.
As the flat gets closer I am looking at some in-running angles I may be able to profit from and I have taken a subscription to the excellent looking Racing Trends service who look to go into great detail regarding stats, pace angles etc.... A very exciting venture and I'll keep you all posted on how that develops.
I see there has been another 2 abandonment's for Saturdays racing and it's pretty depressing really but that is unfortunately the norm for winter as we do tend to get hit with a periods of cancellations every year!
The only plus for me is that I can have a look and work on other areas while I can, the Football lays will be back at the weekend and they are showing good promise so far, more of a straight out betting strategy though rather than a trading one!!
Following on from my last post, I am still struggling on how best to import my p+l into something more thorough? Maybe I'll just keep it as simple as possible or the time being.