Showing posts with label 2014. Show all posts
Showing posts with label 2014. Show all posts

Saturday, January 11, 2014

Aussie Open 2014

Hey!

So if your remotely interested in tennis you probably know that on monday this seasons first grand slam will be underway. So there will be plenty of matches to trade which is always nice.

Last week was pretty decent and unlike last year I had a more cautious approach to the season start than last year where I was very eager to make bank and got myself into a huge hole in the first few weeks. Last year I posted a $ 2k profit for january which is not great. (its not bad, but hear me out)

For me personally I think winning on average less than $5k a month is not an option. Then you are probably better off having a normal job and trading part-time. Due to the various factors like social security and pension. I mean being a professional sports trader or any type of gambler is cool and all but when you are at my age (30-ish) you have to take the future a lot more into consideration. Like pension and security like I mentioned before. If you are in your 20's i think that is not as big of a problem and you should probably have much bigger risk calculated just because time is not a factor in that case.

I don't know about you guys, what is your thoughts about this topic?

AO 2014 is around the corner, are your ready?
Tonight I'm taking a day off and recharging my batteries for the 10 days straight work that is ahead of me. My plan is to go to bed @ 9.00 pm and wake up @ 3-4 am and taking a nap in the afternoon. Pacific time is really the worst of them all.

Tomorrow I'll try to make some preparations and have a look at the draw and try to find some value in the outrights markets. If I find something cool I'll let you know tomorrow. Ok, until then have a good evening and stay sharp!

/Sammy

Wednesday, December 18, 2013

2013

Hey Guys!

(I was just writing from the top of my head so it might seem like a lot of rambling)

As we all know tennis season ended a while ago and I have been doing basically nothing for soon one month. It was at first very awkward in a sense. Cause i didn't know what to do the first week, hence the fact that there was no matches going on and therefore nothing to trade.

Now I have been much better to relax in the fact that i do have holidays and can rest for the long season that is ahead of us.

So maybe its time to reflect on what happened in 2013. When i first started trading in february 2012, I kind of didn't know what to expect. Now almost 2 years later its kind of weird how fast time has gone and I was able to successfully learn how to earn a living trading tennis markets. 2013 was the best year financially for me ever in my career as a professional gambler or in any career that I have been in.

When i think back I can't really remember what happened during the year. Its like a big blur at least the first part of 2013. But April and May really got the wheels turning for me (for real) and they kept going for the rest of the year.

So what do I think about the markets this year. Well I think there is still loads of flaws in the market. Tennis is a really hard market to set perfect odds on due to the fact that an odds can be good in a trading perspective but in another time aspect be very bad in value for punting. And of course vice versa. There has been much more activity from the market makers in the second part of 2013 from my experience. Making the margins smaller for us traders due to the high liquidity and court side information.

On a personal development I gotten a bit stronger mentally to be able to trade with larger amounts without the brain totally jamming up. This has always been a big thing for me that I have struggled with to be able to handle risk. Its still an issue in a sense cause its holding me back from achieving greater results. But it's a double edged sword. Its hard to say maybe I wouldn't be in this position if i wasn't this risk conscious. I think its different for some people But in some cases I get very timid and therefor missing out on opportunities.

In the craftsmanship of trading tennis in a technical sense I think I'm kind of good maneuvering the market and "feeling it" and using it to my advantage.

My thoughts on 2014? I hope it will be great of course but who knows. Recent results says that it will probably go even better next year (would be kind of insane) but when I think about it I never feel to confident a lot of things can happen Its when you get comfortable you are the most vulnerable.

Enough rambling...

Merry christmas & Stay Sharp!

If you got questions. Leave it in comments section or send an e-mail.

/Sammy