Monday, 19 March 2012

Marching On

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Saturday was a good day as Wales clinched the Grand Slam and the Six Nations Championship but it was back to pressing matters yesterday as I shook off the hangover to continue my trading recovery.

Luckily the 2nd ODI between the West Indies and Australia wasn't due to start until 1.30pm and with an added delay due to rain, I was feeling a lot better by the time the teams took to the field.

This was a potential banana skin as the match ended up being shortened to a 40 over per side game with a threat of further showers.  Add to this a market with little confidence in a shaky Windies batting lineup and a tricky pitch and things were always going to be volatile.  All the more pleasing then that I came out the end of it with a decent win, but it was the way I controlled my gain that gave me more satisfaction.  In an additional attempt to drag my way back to profit, I've decided to go back to monitoring my in-play profit/loss position and yesterdays graph showed that it's helping as my progress was very steady (click to enlarge):


Always pleasing to see a graph like that as it identifies no major swings to my position.  If you're a Bet Angel customer you can pick up a copy of my monitoring tool here.

So the overall result was an additional 13% profit towards my break even target.  In total that's now 69% of the way and there's still a decent amount of cricket scheduled in the diary before the end of the month.


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6 comments:

TPI said...

Hi Mark.

You know I've never whored myself around before, but I'm coming to you like Oliver Twist with his bowl held aloft, asking for more grub.

I write a betting blog that somehow seems to have attracted something of a regular following, but I could do with that following being a bit bigger! Not for the benefit of my ego, you understand, but in the hope that it will attract hints and tips that will benefit all...this week's topic is that old chestnut of avoiding bookmaker restrictions. I've had some useful comments left already but I'm hoping to attract more this week.

Now I know you are concerned more with trading than gambling, but I'm sure there are plenty out there (like myself) with a foot in both camps who would find the subject matter useful.

IF you do stick a link up (www.theportfolioinvestor.blogspot.com), may I say thank you. If not, bugger it, I'll still read your blog.

Now, time to approach that Cassini fellow...

Rowan

Mark Iverson said...

Hi Rowan,

Good luck with that.

I've tweeted a link to your blog and added you to my blogroll.

All the best,

Mark

Maxva said...

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TPI said...

Thanks, Mark.

Much appreciated.

Rowan

jdt199 said...

Mark, I have to say I'm thoroughly enjoying reading your recent blog posts. It reminds me of your blog of old.

I know the current format is more for your benefit than us readers but just to says its very interesting indeed.

Cricket trading is something I've always been interested in, but have no idea how to take advantage of the swings I see in the market.

Mark Iverson said...

Hi jdt199,

Thanks for the kind comments. Funny you should say that but it's been reminding me of what I used to write too!

I was also wondering if my readers preferred these types of posts - looks like you've answered that one!

Obviously, it's the time it takes to write up a blog after each event that has prevented me in the past, but maybe after this month I can continue with a half way house solution.

All the best,

Mark