Why ?

Profit/Loss : 55.59€
Total Profit/Loss : 697.33€
Current Bank : 1432.55€

The P/L may look interesting but this weekend was not a good one. I've made 3 mistakes, 2 were absolutely stupid, the other one was due to innocence.

Saturday started as usual, one tick here and there and the bank building quite well without missing a trade. The last match of the day between Benfica and Nacional I decided to enter the half-time for one more tick but failed to see that there wasn't enough money in the market for me to enter. I was completely blind thinking about getting another tick because everything seems so easy. It went against me and it was difficult to get out so I had to took the best price to get out and lost something around 2 ticks. Because the day was going so well this one pissed me off quite badly as usual. Failing to see that I shouldn't have entered in such a market was one of the 2 stupid mistakes. Next...

Sunday started well but soon I had something ugly in my hands. The match between Inter and Empoli was an interesting one. Inter started the match at odds of 1.15 and during the first half they scored 1-0. Odds went down to 1.06 but then there was a sending off from Inter and odds went up to something around 1.15. By the time the match went to half-time the best prices were 1.17 - 1.20 so I offered 1.19 to lay. During the 8 seconds delay before any inplay bet joins the market, the market went up to 1.19 - 1.20 so I got matched immediately, something that I wasn't expecting ( first warning sign telling me to leave it immediately ? ). From then on the price kept moving up and in a few seconds reached 1.23-1.24. Damn, I wasn't understanding what the hell was going on. Inter started at 1.15 with the result 0-0 and still 90 minutes to play and with the result 1-0 and just 45 minutes to play they were above 1.20s, 1 man difference shouldn't be such a huge problem for Inter. I couldn't understand it really and that was what allowed to stay in the market for a bit more time because I thought that it would go down to where it was in just a few seconds. Sometimes these markets behave a bit erraticaly and correct themselves in a few seconds. But this time it didn't happened I had to leave with a redbook of -31€. My money manegement allows me to have a maximum loss of around 26€, I was in shock. All weekend was wasted. Then the second stupid mistake came. In my mind I could only thought about getting it back somehow so my only chance was to go inplay. Inter's price remained at 1.20 until there was only 15 minutes to play ( can someone explain to me why ?!? ). I knew that the price would have to start to fall at hight speed towards 1.01, so I just waited for the right moment to step in and take the ride and so it happened, made a few ticks and ended winning 1.63 on this match. One of my gold rules is to simply not enter on inplay markets. It's too risky and I've tasted its flavor a couple of times. Shame on me, I feel so stupid !

By the way, I had my first trade on Tennis that went quite well. It was a match between Israel and Russian for the Federations Cup and it was easily to see that the Russian player was much better than the Israeli so I just backed the Russian player and laid one tick lower. Simple.

Here's the P/L from this last week.

I've beaten my previous profit record in a month by just 6€. January is a new record for me. Here's the P/L screenshot from January.

I guess I'm going to take a look at the SuperBowl markets now and see if I can take a tick or two.

Cya!