Please can you help me? I am close to depression

[ShaunWhite]

I just want to test if I have the capalibities

Individual markets mean NOTHING. You know that.

Come back when you have done 50.

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

I said one market, not one sport or one strategy. Results from one game, or one day, or one month mean nothing. Run your strategy on 50 games and then maybe the results will be interesting.

[MemphisFlash]

The only people backing in that situation will of been gamblers/punters, it was not a 'Trading Opportunity' just about every serious or successful trader will of been looking at laying only

You risked $1000 to win $50 but only if she won the 2nd set

If you layed her at 1.06 (for the same $1000 risk) even if she stumbled or faced a break point her odds would of drifted a few ticks, if they drifted to just 1.09 which was hightly likely if facing a break point you could of traded out and made $450 (9 times the amount just through facing a break of serve) perhaps as early as the 1st game of the 2nd set!

Had she lost the 2nd set her odds will of gone out to around 1.35, which would of given you around $3600 profit (72 times that $50 amount you were hoping to win by backing her @ 1.05)

So ask your self in this situation if the match was played out 72 times would Wozniacki of won the 2nd set all 72 times?

Trading tennis is about finding those Risk Vs Reward situations and putting yourself on the right side of them

Have a look at the today's tennis thread and a few of the past grand slam threads, there are tons of graphs which show the wild price swings you get from a tennis match, rarely will a price just trade straight down to 1.01 from its starting price.
[/quote]

this is a great explanation of what you should be looking for in a trading situation.
This occurred again this evening when Federer was at 1.03 after winning the first set. he then went on to lose.
Don't gamble, look for the opportunity and risk/reward ratio. Everyone should heed this advice from Dallas

[Derek27]

I can certainly see potential in trading tennis. Looking at the Basilashvili v Anderson match I'm amazed how premature the market is and how readily the price goes to 1.01.

[Derek27]

I made £150 out of Anderson's falter in the last game in practice mode. I realise I'm a f***ing hypocrite using practice mode after what I said about it earlier, but it was my first tennis match.

[Kafkaesque]

I made £150 out of Anderson's falter in the last game in practice mode. I realise I'm a f***ing hypocrite using practice mode after what I said about it earlier, but it was my first tennis match.

Nice one, if you've got the bug, I can recommend the Kyrgios - Lajovic starting in a bit. I'm not a tennis expert - in terms of player knowledge or trading - by any means, as I mostly do football, so anyone do correct me if I'm wrong on some of this. But I've had this one penciled in since the draw. Kyrgios has the potential to blow up for full matches or parts of them. And Lajovic has been solid and a fighter whenever I've seen him. Could be a tougher one for the nutty Aussie than the price would suggest imho.

[MemphisFlash]

personally I would not touch krgyios with a barge pole. he is too volatile and likely to throw games at will. I've seen it with him a few times my advice. steer clear.

[Kafkaesque]

personally I would not touch krgyios with a barge pole. he is too volatile and likely to throw games at will. I've seen it with him a few times my advice. steer clear.

Think you misunderstood me. Or? I'm looking to trade against him (Kyrgios), for those exact reasons, if he shows signs of being or becoming out of sorts.

[Lucacrebbe]

personally I would not touch krgyios with a barge pole. he is too volatile and likely to throw games at will. I've seen it with him a few times my advice. steer clear.

tonight I have traded Pavliucenco Vs Kerber


Made about 2000 $ out of a stake of 1000 $

At some point there were a backing odd offer of 20'000$ at the price of 21.

Then someone eat them and the offer was reduced to 1000$

I backed her at 21

Backed Pawliucenko at 21 with 1000 $, made a good scalp , profiting of almost 1500$ - 2000 $ (this depends on the ammount of money at the lay side) because the odds went from 21 to 11


How much money would have made in this occasion using the cash out option (not stop loss) guys?

You can see the liquidity in the screen shot, can you tell me how much money could I have made in this occasion with the cash out button?

I have calculated roughly a 1500$ - 2500 $... because it all depends on the money in the lay side.


I just need to start to use teh simulator, and not paper trading in this way. It's ''rude''


P.S. The images are inverted, I have made a mistake uploading them, so you should see the second one at first (I back her at 21) and then the first (lI have layied at 11)

[Derek27]

I made £150 out of Anderson's falter in the last game in practice mode. I realise I'm a f***ing hypocrite using practice mode after what I said about it earlier, but it was my first tennis match.

Nice one, if you've got the bug, I can recommend the Kyrgios - Lajovic starting in a bit. I'm not a tennis expert - in terms of player knowledge or trading - by any means, as I mostly do football, so anyone do correct me if I'm wrong on some of this. But I've had this one penciled in since the draw. Kyrgios has the potential to blow up for full matches or parts of them. And Lajovic has been solid and a fighter whenever I've seen him. Could be a tougher one for the nutty Aussie than the price would suggest imho.

Thanks for the advice, I'll take a look at it.

[Lucacrebbe]

Can someone please reply to my question?

[ShaunWhite]

I back her at 21 for 1000
I have layied at 11

How much money would have made in this occasion using the cash out option (not stop loss) guys?

Green = 909 - commission (if there was 1909 available at 11)

I have calculated roughly a 1500$ - 2500 $

How ?

[Lucacrebbe]

I back her at 21 for 1000
I have layied at 11

How much money would have made in this occasion using the cash out option (not stop loss) guys?

Green = 909 - commission (if there was 1909 available at 11)

I have calculated roughly a 1500$ - 2500 $

How ?

Sorry I tought it was more.

The risk / reward ratio was good in your opinion (from a mathematical point of wiev)?

I mean let's suppose the odd would have gone higer to 55, and long the way to the odd of 55 there was a liquidity of 1000$, how much could I have lost?

[ShaunWhite]

I mean let's suppose the odd would have gone higer to 55, and long the way to the odd of 55 there was a liquidity of 1000$, how much could I have lost?

- 618 Luca you really must learn this, you can't trade without it. Do you have Excel?

Closing trade stake = Total return / Closing price

[Derek27]

You could have lost approximately $618.

Luca, if you're seriously considering placing $5000 bets you should have a good understanding of trading and be able to calculate these things yourself. The questions you ask are very basic and fundamental to trading.

You want to bet $5000 and don't even know how much of it you're risking!!!

[ShaunWhite]

You want to bet $5000 and don't even know how much of it you're risking!!!

By my calcs...mmm...appox all $5000.