Peter Norsted Tennis strategy

[rencoetz]

Has anybody tried peter strategy from his book ?

Just wondering of anybody has experience in this ? Seems promising

I. A Month Trading Tennis The following pages show the results of trading the Madrid and Warsaw Open Tennis tournaments between 9-23 May 2009 using the rules set out below. This is shown so that you can have confidence in the system; it also highlights the pa- tience, discipline and time required to trade these markets profitably. The Rules
1.1. If the SP (starting price) is between 1.90 – 1.21, lay as soon as price hits
1.25; providing this is done during the first set of the match. Preferably you should be laying when the price just goes straight down to the 1.25 level from the SP.
2.2. If the price goes further down to 1.13, double your lay then back at 1.50
and green up.
3.3. Set a stop loss after the price has risen above the SP at 1.10.
4.4. If the price goes up 10 ticks from the SP before coming down to the 1.25
level then there is no bet.

[Euler]

No, it wouldn't work over the long term. There isn't really any basis that it should.

[rencoetz]

The book did have research and stats to back it up - Maybe I should do the opposite and it might work long term

[Derek27]

One tennis tournament back in May 2009 is hardly adequate data.

[rencoetz]

Agreed - I just thought I would put it out there and ask.

[sa7med]

Agreed - I just thought I would put it out there and ask.

Alot of these systems seem to retrospectively fit a strategy on data, and then show you the results and claim it as proof. Seems to be promising but it's really just moving goal posts imo.

[Euler]

Alot of these systems seem to retrospectively fit a strategy on data, and then show you the results and claim it as proof. Seems to be promising but it's really just moving goal posts imo.

That's such an incisive way of putting it.