One That Got Away

Since Last Post P/L: £209.08
Monthly P/L: £209.08

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Rather than write this post about the great win I had trading the rugby, instead I'm going to focus on what went wrong when I traded the cricket!
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3am on a Sunday morning is an unearthly hour, so why was I getting up to switch on the TV to watch an event that was happening on the other side of the world? Quite simply, I knew that Australia v India was the only chance I was going to get during March to trade the sport and I didn't want the opportunity to pass me by. If I'm to hit my 15% growth target for the month then I can't afford not to trade my most profitable sports so begrudgingly I rolled from under the duvet and into the home office.

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Australia were batting first and although the run rate soared during the early stages they lost a few too many wickets to ensure they'd post a massive total for India to chase. By the end of their allotted overs the scoreboard read 239-8 and I guessed we'd have a game on our hands. What also comforted me was the sight of a £190 all green figure in front of me - this was turning out to be a good weekend.

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Guess what happened next. That's right. A couple of bad decisions early into the Indian innings and my profit was beginning to diminish. The market was flip-flopping more than a dying Goldfish and I was getting caught left, right and centre. Fortunately, I still had a green screen of £107 but now was decision time. Should I turn off the computer and make do with a decent gain or would I pursue a bigger prize?

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I turned off the computer.....30 minutes later with just over a pound profit!
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My reasoning behind continuing was two fold; I normally make my big profits towards the end of a match and with only one game of cricket to trade all month I felt I had to try and make the most of it. With hindsight it's easy to say it was the wrong decision and I do feel as sick as a pig but at least there was some logic behind it. I did forget one of my cricket trading rules though - only trade for 4 hours - if I go past this then my mind starts to wander.

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Here's the details of my weekend results:

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Rugby Union

Harlequins v Gloucester :£207.59

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Cricket

Australia v India : £1.49

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On the baby front, Iverson Junior is yet to make an appearance but it shouldn't be long now. What I've failed to mention up until now is that Nicola also has a heart condition (albeit a completely different one - sod's law eh?) and to manage it she has a pacemaker and defibrillator fitted. As you can imagine although I'm excited, I'm naturally very anxious at the same time so fingers crossed everything goes okay.

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