Tuesday, 19 February 2008

Slow Motion


Since Last Post P/L: £27.22
Monthly P/L: £551.53
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The last week has been a case of moving slowly forward and then experiencing a decent sized loss to send me back to where I came from - a real life game of snakes and ladders! I'm not too disheartened though as I've been looking back at my posts from last February and a few things strike me on how I've changed over the past 12 months.
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The most obvious change is with my mindset. Back then I was in a rush to get where I thought I needed to be and as a result my thinking was clouded, but now I'm so much more relaxed and surprisingly patient. So much so that I sometimes feel like a robot and I'm secretly worrying that I'm losing my personality :-).
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Secondly, I've realised how much more experienced I am. It now takes a lot to shake my outlook and lose my focus which is incredible considering I knew so little a year ago. At that time I was still unsure which sports to trade so being able to concentrate on those that I'm confident will produce a profit makes a huge difference.
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Don't get me wrong though - I know I'm not perfect as I haven't even been able to make a gain over them last 9 days! But.....I feel I'm stronger and more prepared than ever....roll on the cricket season.
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Here's my latest results:
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Darts
Jenkins v Taylor : £33.05
Van Barneveld v Manley : £26.92
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Rugby Union
Bath v Wasps : £27.70
London Irish v Wasps : £114.89
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The Darts resumes on Thursday and there's also the possibility of some Twenty20 cricket on the weekend so February still promises plenty. I don't want to overstretch myself though so again small and steady will be my my motto for the rest of the month.
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9 comments:

Paul290603 said...

I enjoy your blog mark, and keep up the good work and don't forget "profit is profit"

Regards
Paul290603

Mark Iverson said...

Thanks for the nice comments Paul.

I hope you continue to keep reading.

All the best,

Mark

Anonymous said...

Mark, keep it up. So many good blogs have gone quiet since Christmas.

One question: what strategies do you use in trading rugby?

Keep it up,

Andy

LuisGarcia said...

Hi Mark,

I enjoy your blog and read every week. Would be nice occassionally to hear how you made the profit, or, usually more interesting, the loss. What happened in rugby that lead to the loss ?
Keep up the good work.
LuisGarcia

Mark Iverson said...

Hi anonymous,

Thanks for the nice words.

Rugby is all about momentum and this is the focus of my strategy. By following this I can normally feel when a team has the upperhand so i can act accordingly - unfortunately it didn't work this week and I got caught!

All the best,

Mark

Mark Iverson said...

Hi luisgarcia,

Thanks for taking the time to leave a comment again.

You're right - I'll try and leave more explanations as to how & why I've made my profit/loss. Sometimes when I'm writng the blog I can't see what's been missed out.

As for the rugby last week? I made a bad call - the potential downside was too great as it was a 50-50 trade and things didn't go my way. No other opportunities came up after that one incident and I was unable to recoup my losses :-(

All the best,

Mark

Max said...

Hi Mark,

Great blog, compliments.

I like to ask you if is possible to have a link to my blog on yours blog.

The blog is about betting, i write in Italian...www.scommessefacili.blogspot.com

The translation of my blog name is "easy bet"
You are already present on my blog with the link.

Thanks in advance and keep up with the blog.

Max

PS. Sorry for my English

Mark Iverson said...

Hi Max,

Thanks for dropping by - your English is better than my Italian :-)

I'll knock a link up to your blog tonight.

Good luck!

Mark

Max said...

Thanks Mark...Good trade to you