Tennis: -USD590.98 Total P&L: -USD590.98
Tennis Showing 1 - 2 of 2 markets of 296 markets
Market Start time Settled date Profit/loss ($)
Tennis / Wozniacki v Lisicki : Match Odds 19-Apr-09 20:00 19-Apr-09 21:35 -600.00
Tennis / Kirilenko v Vinci : Match Odds 19-Apr-09 14:00 19-Apr-09 15:22 9.02
Tennis: -USD3,645.47 Total P&L: -USD3,645.47
Sunday, April 19, 2009
MROP's posting in the BF forum................
MissingRibOfPrince 19 Apr 00:58
There is none as horselover has said himself. Horselover what would the profit be if you layed the odds on as your opening trade, have you gone back over the results?. Your losses would be smaller and more frequent but i'd imagine its a better way to go about it.
my answer
MROP,
I can't remember that I have talked at some stage about an edge.if I understand you right, you mean that I should reverse my strategy and instead of backing, I should lay every selection.
I personally need for every market position an exit strategy. this is one reason I couldn't do it. I even can't test it, because of this. and as I am already an old guy, I know that if a system has a downdraw people tend to tell other people or themselve, that if I lose this way, I need only to reverse it and go against it.
believe me or not, thats what I did when I was the first time (40 Years ago) in a casino. I can tell you thats not the way to handle a strategy. even if it is a bad one.
the panic reactions after a loss is a very common reaction in the stock and betting exchange.for now I will stick to my strategy. I think that the only optimization could be a better knowledge of my selections.
cheers and thanks for posting
There is none as horselover has said himself. Horselover what would the profit be if you layed the odds on as your opening trade, have you gone back over the results?. Your losses would be smaller and more frequent but i'd imagine its a better way to go about it.
my answer
MROP,
I can't remember that I have talked at some stage about an edge.if I understand you right, you mean that I should reverse my strategy and instead of backing, I should lay every selection.
I personally need for every market position an exit strategy. this is one reason I couldn't do it. I even can't test it, because of this. and as I am already an old guy, I know that if a system has a downdraw people tend to tell other people or themselve, that if I lose this way, I need only to reverse it and go against it.
believe me or not, thats what I did when I was the first time (40 Years ago) in a casino. I can tell you thats not the way to handle a strategy. even if it is a bad one.
the panic reactions after a loss is a very common reaction in the stock and betting exchange.for now I will stick to my strategy. I think that the only optimization could be a better knowledge of my selections.
cheers and thanks for posting
Question in the BF forum............
McChicken_Sandwich 19 Apr 00:54
No offence, but I dont get where your edge is.
my answer
legitimate question. I can't tell you, because you don't know my exit and scratch strategy . I don't want to give away the whole strategy. I hope you will understand this.
but lets wait a few weeks and see the P&L in relation to the turnaround. then maybe you or some stats experts will tell me if I have an edge.
right now I have about 280 initial 600 bets and I am only 3000 down. 4 retirements and some bad beats. ah almost forgot the commision.
I need to keep my discipline and patience, and everything will be fine. there will be much better days, imho.
cheers
No offence, but I dont get where your edge is.
my answer
legitimate question. I can't tell you, because you don't know my exit and scratch strategy . I don't want to give away the whole strategy. I hope you will understand this.
but lets wait a few weeks and see the P&L in relation to the turnaround. then maybe you or some stats experts will tell me if I have an edge.
right now I have about 280 initial 600 bets and I am only 3000 down. 4 retirements and some bad beats. ah almost forgot the commision.
I need to keep my discipline and patience, and everything will be fine. there will be much better days, imho.
cheers
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