Sunday, 23 September 2007

Full Circle

Since Last Post P/L: £335.09
Monthly P/L: £1,175.06.
It's funny how things work out. Back in March I was worried that I wouldn't be able to make a profit during the Summer as I didn't have a trading strategy for a sport I could rely on. Since then I've invested a lot of time in getting to know Cricket and now that it's paid off I'm worried that I won't be able to turn a profit during the Winter!
Okay, so Rugby Union will be my bread and butter but the liquidity isn't as strong as the Cricket markets and as my stake sizes have increased significantly will this make a difference? I suppose only time will tell but I'm a little anxious to say the least, especially as I've found it difficult to trade Darts recently.
The good news though is that this weekend has given me another couple of successful days and I've been able to break the £1000 per month target that I've been setting myself for sometime. The mission now is to make sure I end September still above this ceiling so I'll be quite cautious in my approach and only take positions I feel very strongly about.
As a side note, I'd just like to say what a success the Twenty 20 World Cup has been. Some great batting and bowling has led to fantastic entertainment and surely this is the future for Cricket?
See the screenshot for my results since last Wednesday.


The Betfair Trader said...

This cricket lark isn't too bad is it? :-)

Seriously, well done on finally cracking the £1k mark for the month and, as you suggest you will, take it easy next time you get involved.

As for cricket in the winter. Well, no there isn't as much. But there's still a surprising amount and most if it can normally be found on a satellite channel available through Sky, if not on Sky Sports itself. :-)

fixtures list>

Have you tried NFL too? Find it suits how I trade quite well. Seems to be quite a few cricket traders who have a go at it.

Mark Iverson said...

Hi BT,

You're right - I'm loving the Cricket! The Twenty 20 stuff has been fantastic and I really hope the powers that be extend the format through all levels of competition.

I followed the NFL quite closely last season and last night was the first time I'd dipped my toes in the water this year. It's a tricky one to trade but great to watch so I'm sure I'll be giving it another go next week.

Thanks for keeping in touch and it's great to see you posting big wins too.

All the best,


psmith65 said...


Just thought I would say Congrat son hitting the $1000 mark for the month.

Keep it up ..

Mark Iverson said...

Hi psmith65,

Thanks for dropping by and for leaving a comment.

I really appreciate any comments that offer support as it means alot to me.

All the best,


Anonymous said...

Where's that quote from you've got up, one of the old masters? DJ Sunset maybe.


Mark Iverson said...

Hi Prekladatel

The quote is from the book 'The 48 Laws of Power'.

A great book and one which will help you in all walks of life.

All the best.