Friday 13 April 2007

This Is Getting Serious!


Daily P/L: £190.91
Monthly P/L: £365.72

What a difference some sunshine can make! We've had some glorious weather over the last week and I feel so much more relaxed - I'm sure this mindset rubs off on my trading.

Tonight it was back to the darts and everything was rolling along at a normal pace until the last match of the night!

Scholten v Lloyd
Colin Lloyd is a player who knows he's really underperformed during this tournament. He has a lot of ability and when he concentrates he can beat most players. This match was a good example of him hitting a bit of confidence and then going on to close out the game. Scholten blows hot and cold and I never feel comfortable relying on him too much. I ended with a profit of £45.07 on this match.

Taylor v Manley
The guy's a freak - if Taylor was born at the turn of the 20th Century his nickname would be 'The Elephant Man'. He totally outclassed Manley and shot him down with a convincing 8-1 victory - Barneveld wouldn't get near him on this form. The market supported Taylor all the way so I only made a small profit of £12.98 on this one.
.
Barneveld v Jenkins
It's nice to save the best until last. I went into this match with the thought of not blowing any of my accumulated profit but thanks to some divine inspiration I ended up with my biggest all green position to date. Again, I've included a screen shot to celebrate! The p/l shown is my profit after commission is deducted. The key point for me in this match was when Barneveld was trading at 1.64 I laid him for £317 and he missed 3 darts at a double - his price immediately flew out to 2.14 which allowed me to back him for an instant guaranteed profit. If only all matches were this good! I had some other trades as well which meant I finished with a gain of £132.86 on this one.

I'm off to London for a wedding over the weekend so there'll be no trading for a few days. The break might do me good but it'll probably mean I'll have to wait until next Thursday before getting involved again. I've already made a nice profit for the month so there's no need for me to go rushing into anything.
.

3 comments:

The Betfair Trader said...

Great result Mark. You seem to be going through a bit of a purple patch at the moment!

For what it's worth I think you're spot on with your attitude of not rushing straight back in. In the past some of my bigger losses have followed straight after bigger wins. I eventually realised it was because I was thinking along the lines of I'm well up now, let's try and push the advantage. Of course, it can work, but it can also cloud judgement and I was ending up taking on more risk than I usually would and was paying the price. I found it's much better to be pleased with the win but to put it firmly behind me before I start trading the next event which I try and approach with my normal outlook and attititude to risk. Sure, it can stop me having a great winning streak but over time helps to protect the big wins and provides more consistent results.

Hope you enjoy the wedding!

Mark Iverson said...

Hi BT,

I seem to be having a good run at the moment and I want to make the most of it!

I totally understand what you say about trying to put the last big win behind you - I've found that if my head isn't clear then I get into trouble.

Nice to see you're doing well too - I'm gutted I missed Bangladesh turn over the Saffers!

All the best

Mark

Cafeteiro said...

Hi,
Bet-Alert is a new company based in Ireland that operates in the Irish and UK market.

We offer information services in the Horse Racing Industry delivered directly to the punters mobile phone via text message.

Check our new web site: www.bet-alert.co.uk

We are sure that this is a very (USEFULL LINK) interesting service for the readers of your website, as your website is very interesting for our customers.

Horse-alert is a 100% FREE service that alerts you when your fancied horses are declared to run (via text message), just text:
NAG HORSENAME
to 51444 IE
to 86122 UK

Premium Services:

Odds-Alert (best odds seeker 0,60€ / 0,50£ text),

Movers-Alert (market movements checker 0,60€ / 0,50£ text) and

Result-Alert (get all the results in your mobile phone 0,30€ / 0,25£ text)

You only pay for each text that you request. That’s why we are different from the other text services.
If you (and your readers) registered in www.bet-alert.co.uk with the promotional code ALKRY7 we offer both a FREE month of premium services.

Any questions please feel free to contact us.

Best Regards

www.stanjames.com