Although the mix of my P/L does change, the amounts I have won, oddly, are within 5% of the absolute figures for the last 5 yrs.
Winning on exchanges, is v possible .. u just need, the right skill set.
Trying to get pic to load .. must be too big, will retry
Motivation from other Trader's blogs and P&Ls.
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marksmeets302
- Posts: 527
- Joined: Thu Dec 10, 2009 4:37 pm
Got me a bit confused here at first. With the selection "Just for today" I thought you were raking in 18M per year 
.
A very, very mighty result. Well done! This is all manual labour or do have things automated?
. A very, very mighty result. Well done! This is all manual labour or do have things automated?
The line between manual and auto is a v fuzzy one.
The key part of my yr, is Feb/March, when I think about things.
I understand peeps need wages to exist, but, using tools, to investigate new opportunities, is not wasted time.
The key part of my yr, is Feb/March, when I think about things.
I understand peeps need wages to exist, but, using tools, to investigate new opportunities, is not wasted time.
Yes. The absence of emotions is a huge edge auto hasgazuty wrote:Archangel wrote:Do you do any manual trading at all ?
But I am not as good as my automations (except in a high volume market like a group 1 race in Australia) because I overbet and lack patience and end up constituting too much of the market. Automation doesn't have emotions.
Good stuff mega!
I read your blog a while back and was blown away by your greens.
You trade similar markets to me, whilst I love trading cricket the games are played at the most obscure times to trade regularly. I guess this is your full time job?
I read your blog a while back and was blown away by your greens.
You trade similar markets to me, whilst I love trading cricket the games are played at the most obscure times to trade regularly. I guess this is your full time job?
Hi,
Yeah, its full-time.
Communication with rival traders is always tricky, as hard-won edges have to be preserved, but, there should always be some common ground.
I posted the snapshot, as I compare mthly cycles, and my initial post, didnt make clear, that I have tended to win £50k, every yr, in June/July. (for the last 7 yrs anyway)
This is not my best trading period, but, its v dependable.
As this is a motivation thread, I was trying to convey, that the game hasnt really changed. 10 yrs ago, my mix of profit may have been different, and in 10 yrs time, I would bet, its different again, but, if u have data modelling skills, it wont matter.
Traders need to evolve. I dont see many posters, looking like they go down that route - and that wont be good.
Yeah, its full-time.
Communication with rival traders is always tricky, as hard-won edges have to be preserved, but, there should always be some common ground.
I posted the snapshot, as I compare mthly cycles, and my initial post, didnt make clear, that I have tended to win £50k, every yr, in June/July. (for the last 7 yrs anyway)
This is not my best trading period, but, its v dependable.
As this is a motivation thread, I was trying to convey, that the game hasnt really changed. 10 yrs ago, my mix of profit may have been different, and in 10 yrs time, I would bet, its different again, but, if u have data modelling skills, it wont matter.
Traders need to evolve. I dont see many posters, looking like they go down that route - and that wont be good.
Do you trade much test cricket?
I come to find that for effective long term trades knowledge of the pitch, the weather, and knowledge of declaration totals are paramount. What do you think?
I believe It almost impossible to model the range of variables that test match cricket can throw.
I come to find that for effective long term trades knowledge of the pitch, the weather, and knowledge of declaration totals are paramount. What do you think?
I believe It almost impossible to model the range of variables that test match cricket can throw.
I love to trade test ckt .. its my fav trading vehicle, from many aspects.
With respect, u appear to have done little homework, before submitting the question. On my blog, u will find, dozens of trades on tests, with decent P/L pics. These trades are not that recent - I decided to cut-back on the amount I was writing, but, if u are interested, some of them, have some good stories.
Once again, as this is a motivation thread, let me throw in one positive aspect.
U WANT mkts to be as complicated as possible. It should be dynamic - then, re-think about mistakes people might make, and how u can take advantage.
Trading is v similar to poker. U have to adapt to your opponents, and, for the majority of the time, u make money off their mistakes, as they are not playing GTO (Game theory optimal) - basically, perfectly to u and me.
With respect, u appear to have done little homework, before submitting the question. On my blog, u will find, dozens of trades on tests, with decent P/L pics. These trades are not that recent - I decided to cut-back on the amount I was writing, but, if u are interested, some of them, have some good stories.
Once again, as this is a motivation thread, let me throw in one positive aspect.
U WANT mkts to be as complicated as possible. It should be dynamic - then, re-think about mistakes people might make, and how u can take advantage.
Trading is v similar to poker. U have to adapt to your opponents, and, for the majority of the time, u make money off their mistakes, as they are not playing GTO (Game theory optimal) - basically, perfectly to u and me.
Last edited by megarain on Wed Aug 05, 2015 9:52 am, edited 1 time in total.
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tomallen123
- Posts: 113
- Joined: Mon Nov 01, 2010 1:52 pm
Mega, do you still trade cricket on betdaq?
Betdaq is a v frustrating thing.
Its hard to trade, when u put up offers, which are competitve, and they are unmatched, for long periods of time.
I still manually put up offers, but, would like to automate, the copying of my bets on Betfair, on Betdaq. There is work being done on this.
I have also used Matchbook - which, basically copies Betfair.
As traders, I think we have to give up stuff, to grow other exchanges - but, know, its v frustrating, and not easy to stick at.
Its hard to trade, when u put up offers, which are competitve, and they are unmatched, for long periods of time.
I still manually put up offers, but, would like to automate, the copying of my bets on Betfair, on Betdaq. There is work being done on this.
I have also used Matchbook - which, basically copies Betfair.
As traders, I think we have to give up stuff, to grow other exchanges - but, know, its v frustrating, and not easy to stick at.