Daily P/L: £2.42
Monthly P/L: £47.97
Tonight saw the start of the Engage Super League with Wigan and Warrington squaring off. I haven't as much knowledge about Rugby League as I have with Rugby Union so I decided to keep my stakes very low and observe for most of the game.
It became apparent that whilst it's exciting to watch, Rugby League is more predictable than a lot of sports- I knew this already but wanted to make sure I wasn't missing a trick. You'd think this would be good for a trader but I find it the opposite. To me, my speciallity is studying a sport so I can find opportunities that others will mostly miss - with Rugby League every man and his dog seems to know what's likely to happen and it becomes a competition of 'fastest finger first'. I hate this, as the skill of trading then gets replaced by who has the fastest internet connection. Whilst this is very important, to me it should only be part of the picture.
Maybe my early judgement is wrong but I'm not sure this sport will provide me with much success this summer.
In my Silver Linings post, I referenced my "hedge bet" on Harris, and I am
pleased to say it has so far paid off rather nicely. I wrote that:
...my bet on ...
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