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19/10/2024: 3 hour Saturday trading battle +13 points

A proper "boxing match" in the markets today as I put in a gruelling 3 to 4 hours of Saturday football trading (not continuously)


The knockout punch to give us a decent profit for the day was 2 late first goals in the Stoke Versus Norwich match


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You will see from my previous posts, I always say these Double jackpot wins don't come in often but when they do, they really give us a profit boost. You can see in today's P&L that the big win made a great difference. That said, even without the jackpot trade, it was looking like a great day of trading.


I mainly focussed on the finding value in the first half and did have some good picks in the second half too. I won't be playing the majority of the second half picks from the 3PM kick-offs as I would be foolish to re-enter the market after a decent and profitable day of trading so far.


As always, there will be not so good days to follow and it's all about the long term.


Summary for today 19th October 2024:


  • 34 manual trades placed

  • £82 NET

  • +13 points (£6 stakes, max liability per match at 2x £3 stakes)


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Cumulative position for round 2 as at 19th october


  • 51 trades placed

  • NET: £98

  • Points: 16


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Overall position since launch of experiment on 1st October 2024:


  • NET: £123

  • Points: 18.5

  • No of manual trades: 201

  • Starting bank: £1000

  • Current bank:

  • Bank growth: 12.3%


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Trade Carefully is blog that focusses on using data-driven approaches to build the right mindset to have any chance of success long term. Sports Trading is an extremely difficult path to follow. It requires strict discipline, patience, and can result in losses.  

 

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