Incrementally Risky

Did okay today, with a healthy-looking P/L, but not particularly happy with myself when I was scalping the Stoke v Spurs game in the last fifteen minutes.

Had just finished on the Over 3.5 market and was setting-up the Correct Score market when there was a three minute power cut in my whole street. Very unusual, but luckily I had no open position in the game, as when the power came back on and I got the TV back on, I saw that Spurs had scored a goal from a penalty.

This was okay, but during the remaining period, the play was incredibly open, and either side could have scored a goal or two, with some glorious chances missed, along with a couple of valid penalty shouts. It was during this period that, on looking back, I realised that I got too heavily involved. When scalping, it is imperative to pick and choose your moments, and not just dive in willy-nilly. On reflection, I have to admit that I was dipping in and out of the market far too often, and am probably lucky that I didn't suffer a loss of some kind.

Not that I'm complaining, but it's important to try and learn something from each and every trading experience, if possible. Today, then, is effectively a note to myself to be a little more circumspect in future.

Football: £120.94 | Tote: |  Total P&L:  £120.94 

 

Football Showing 1 - 7 of 7 markets

Market Start time Settled date Profit/loss (£)
Football / Stoke v Tottenham : Correct Score 11-Dec-11 16:00  11-Dec-11 17:59  27.70
Football / Stoke v Tottenham : Over/Under 3.5 Goals 11-Dec-11 16:00  11-Dec-11 17:57  16.87
Football / Stoke v Tottenham : Over/Under 2.5 goals 11-Dec-11 16:00  11-Dec-11 17:24  17.73
Football / Sunderland v Blackburn : Correct Score 11-Dec-11 13:30  11-Dec-11 15:32  37.73
Football / Sunderland v Blackburn : Over/Under 2.5 goals 11-Dec-11 13:30  11-Dec-11 15:22  0.68
Football / Aachen v Erzgebirge : Over/Under 2.5 goals 11-Dec-11 12:30  11-Dec-11 14:19  14.87
Football / Aachen v Erzgebirge : Over/Under 1.5 Goals 11-Dec-11 12:30  11-Dec-11 13:51  5.36