Please can you help me? I am close to depression

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Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

With the cash out option I could have achieved a profit of 700$ leaveraging on a stake of 1000$ and 3000$ (I bet once in this match staking 3000$)

Lost 100$ scalping so -171$

If I had the cash out option (I use that to exit my position instead of setting the stop loss.... because to set the stop loss requires time, and time is money especially in thic field, in which the faster you are , ther better) I had 700$ of profit with 1000$ of stake.
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Last edited by Lucacrebbe on Sat Mar 24, 2018 7:42 pm, edited 2 times in total.
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ShaunWhite
Posts: 10389
Joined: Sat Sep 03, 2016 3:42 am

Lucacrebbe wrote:
Sat Mar 24, 2018 7:31 pm
I just want to test if I have the capalibities
Individual markets mean NOTHING. You know that.

Come back when you have done 50 and let us know how you are doing. I wish you good luck.
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ShaunWhite
Posts: 10389
Joined: Sat Sep 03, 2016 3:42 am

Lucacrebbe wrote:
Sat Mar 24, 2018 7:38 pm
With the cash out option I could have achieved a profit of 700$
? Cash out is just a normal back or lay bet. Why didn't you do it?
Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

ShaunWhite wrote:
Sat Mar 24, 2018 7:40 pm
Lucacrebbe wrote:
Sat Mar 24, 2018 7:31 pm
I just want to test if I have the capalibities
Individual markets mean NOTHING. You know that.

Come back when you have done 50 and let us know how you are doing. I wish you good luck.

Sorry,

I have the idea that if you focus just in one single thing, you do it better.

I could use another strategy, based on statistic, so let's suppose I'd a stake of 1000 $,

I could split that ammount between 20 matches, relying on statistics, so I
I could study all the statistics of 20 games of your choice (head to head, fouls, break points) and divide 1000 euros in 20 matches relying on the fact that in the end the statistics always win

So some matches I could have lost, in other I could have won ... it could be a strategy, but in my opinion always requires human intervention to make profit, you have to divide your stake so as to put more money in the matches that are more likely to win, and less money in those who have fewer chances to make you win
Last edited by Lucacrebbe on Sat Mar 24, 2018 8:05 pm, edited 1 time in total.
Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

ShaunWhite wrote:
Sat Mar 24, 2018 7:44 pm
Lucacrebbe wrote:
Sat Mar 24, 2018 7:38 pm
With the cash out option I could have achieved a profit of 700$
? Cash out is just a normal back or lay bet. Why didn't you do it?

The cash out button calculates all the money standing on the lay side... so let's suppose you back 1000 $ at the odd of 1.80

If in the lay side the odds drop to 1.50 but there is NO MONEY at that odds you will be in loss, EVEN if you baked Hig and layed low.

If you set up a stop loss and the odd do not drop where do you want you could be in loss....ù

cash out button, for scalping is the best thing: fast, secure profit fast, no hassle

BUT THE PROFIT IS LOWER IF YOU cash out trought the cash out button
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Dallas wrote:
Sat Mar 24, 2018 6:10 pm
I've just found this 'blog' with some images I intended posting last year but never got it fully written up and finished (ironically when I've just looked it was from the Miami Open final last year between Wozniacki and Konta).

The long and short where both players were around 2.0 when the match started,


Miami Open Odds.JPG


When the match started Konta immediately broke Wozniacki serve in the opening game which caused her odds to tumble to 1.5 and Wozniacki to drift out to around 3.0

From a straight betting value perspective, you could now lay Konta at 1.5 and your liability would be just half what it would have been had you layed her just a few minutes ago and all she’s done is won the opening game of the match!

From a trading perspective the early break is now a perfect opportunity, if you lay Konta now at 1.5 at worst she can only shorten 50 more ticks and to do that she would need to win the whole match.

Just a break back would see a return back to evens and a 50 tick profit, even losing the first set as long as wozniaki could apply some pressure in the 2nd and get a break of her own you wouldn't be losing

Below is what happened


Konta - Copy.JPG


PS, the extracts above where from the draft of the blog and just to outline the situation to give an example of what I was referring to in my previous post
You've tempted me to take a bit of time of US racing and look at tennis, next time a tournament is on. :)
Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

Derek27 wrote:
Sat Mar 24, 2018 8:01 pm
Dallas wrote:
Sat Mar 24, 2018 6:10 pm
I've just found this 'blog' with some images I intended posting last year but never got it fully written up and finished (ironically when I've just looked it was from the Miami Open final last year between Wozniacki and Konta).

The long and short where both players were around 2.0 when the match started,


Miami Open Odds.JPG


When the match started Konta immediately broke Wozniacki serve in the opening game which caused her odds to tumble to 1.5 and Wozniacki to drift out to around 3.0

From a straight betting value perspective, you could now lay Konta at 1.5 and your liability would be just half what it would have been had you layed her just a few minutes ago and all she’s done is won the opening game of the match!

From a trading perspective the early break is now a perfect opportunity, if you lay Konta now at 1.5 at worst she can only shorten 50 more ticks and to do that she would need to win the whole match.

Just a break back would see a return back to evens and a 50 tick profit, even losing the first set as long as wozniaki could apply some pressure in the 2nd and get a break of her own you wouldn't be losing

Below is what happened


Konta - Copy.JPG


PS, the extracts above where from the draft of the blog and just to outline the situation to give an example of what I was referring to in my previous post
You've tempted me to take a bit of time of US racing and look at tennis, next time a tournament is on. :)
Can I ask you if horse racing are more profitable than tennis?

Are in that market greater swings?
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Dallas
Posts: 23494
Joined: Sun Aug 09, 2015 10:57 pm

Derek27 wrote:
Sat Mar 24, 2018 8:01 pm
Dallas wrote:
Sat Mar 24, 2018 6:10 pm
I've just found this 'blog' with some images I intended posting last year but never got it fully written up and finished (ironically when I've just looked it was from the Miami Open final last year between Wozniacki and Konta).

The long and short where both players were around 2.0 when the match started,


Miami Open Odds.JPG


When the match started Konta immediately broke Wozniacki serve in the opening game which caused her odds to tumble to 1.5 and Wozniacki to drift out to around 3.0

From a straight betting value perspective, you could now lay Konta at 1.5 and your liability would be just half what it would have been had you layed her just a few minutes ago and all she’s done is won the opening game of the match!

From a trading perspective the early break is now a perfect opportunity, if you lay Konta now at 1.5 at worst she can only shorten 50 more ticks and to do that she would need to win the whole match.

Just a break back would see a return back to evens and a 50 tick profit, even losing the first set as long as wozniaki could apply some pressure in the 2nd and get a break of her own you wouldn't be losing

Below is what happened


Konta - Copy.JPG


PS, the extracts above where from the draft of the blog and just to outline the situation to give an example of what I was referring to in my previous post
You've tempted me to take a bit of time of US racing and look at tennis, next time a tournament is on. :)
Miami open is on right now (matches run 15:00 to around 05:00) UK time

Its a ATP 1000, only one step down from a Grand Slam
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Thanks, I'll finish with Wolley and Tampa Bay Downs and then take a look at the tennis. :D

It's just a shame the clocks go forward instead of back today - we could all do with more trading time. :lol:
Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

I have gained 80% in one match only, but it doesn't matter because it's the long run that matters.

Only speaking about this match I have simulated, I felt an avearage medium risk when I was placing my bets.


so if medium risk leads to +80% a low risk could virtually lead to a 15-30% of profit each match.

At the end of the month would be somenthing good to be in profit of 10-15%
Last edited by Lucacrebbe on Sat Mar 24, 2018 8:19 pm, edited 1 time in total.
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Lucacrebbe wrote:
Sat Mar 24, 2018 8:04 pm
Derek27 wrote:
Sat Mar 24, 2018 8:01 pm
Dallas wrote:
Sat Mar 24, 2018 6:10 pm
I've just found this 'blog' with some images I intended posting last year but never got it fully written up and finished (ironically when I've just looked it was from the Miami Open final last year between Wozniacki and Konta).

The long and short where both players were around 2.0 when the match started,


Miami Open Odds.JPG


When the match started Konta immediately broke Wozniacki serve in the opening game which caused her odds to tumble to 1.5 and Wozniacki to drift out to around 3.0

From a straight betting value perspective, you could now lay Konta at 1.5 and your liability would be just half what it would have been had you layed her just a few minutes ago and all she’s done is won the opening game of the match!

From a trading perspective the early break is now a perfect opportunity, if you lay Konta now at 1.5 at worst she can only shorten 50 more ticks and to do that she would need to win the whole match.

Just a break back would see a return back to evens and a 50 tick profit, even losing the first set as long as wozniaki could apply some pressure in the 2nd and get a break of her own you wouldn't be losing

Below is what happened


Konta - Copy.JPG


PS, the extracts above where from the draft of the blog and just to outline the situation to give an example of what I was referring to in my previous post
You've tempted me to take a bit of time of US racing and look at tennis, next time a tournament is on. :)
Can I ask you if horse racing are more profitable than tennis?

Are in that market greater swings?
I've no idea as I only trade horse racing, which is a sport I know well (used to make money gambling).

The last time I traded Wimbledon about eight years ago was a disaster, but I wasn't taking it too seriously and have much better trading skills now, so it's worth taking a look at again.

Market swings are bound to be greater in tennis because of the nature and of the sport. When a horse is going backwards (if you're talking about in-play) it often continues that way.
Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

I need to improve my discipline tought.

That is the weakest aspect of my trading.

I am working about it, because it's really really important this aspect.
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MemphisFlash
Posts: 2335
Joined: Fri May 16, 2014 10:12 pm

tennis traded today,
dogs on automation
sat 24.03.18.JPG
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Lucacrebbe wrote:
Sat Mar 24, 2018 8:23 pm
I need to improve my discipline tought.

That is the weakest aspect of my trading.

I am working about it, because it's really really important this aspect.
Have you looked at the links I posted earlier in this thread concerning discipline?
Lucacrebbe
Posts: 190
Joined: Thu Sep 21, 2017 3:23 pm

Derek27 wrote:
Sat Mar 24, 2018 8:41 pm
Lucacrebbe wrote:
Sat Mar 24, 2018 8:23 pm
I need to improve my discipline tought.

That is the weakest aspect of my trading.

I am working about it, because it's really really important this aspect.
Have you looked at the links I posted earlier in this thread concerning discipline?
Yes, they are helpful. Thank you.


I would like to have a more liquid market tought, with an international liquidity.

Maybe this dream can be achieved thanks to the Block chain tecnology.

I don't know if you are nerd like me... well the blockchain tecno is decentralized

No more need of a central betting provider.

For example Augur is one the project in the prediction/bet market


Once this tecnology will go mainstream, I think we could see an international liquidity with an avearge of 10 k offer on each odd
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