Trading strategies

What’s working in Euro 2016

As we move into the knockout stage, let’s review what’s happened in the Euro’s so far from a market perspective.

Turnover

The first thing to note is that the volumes are down a fair bit from Euro 2012 on Betfair. In 2012 in the group stages the lowest turnover match was £7.7m before the off and £17.8m at the end of the match. This year it was a paltry £1.6m and £3.3m, slightly lower than in 2012! I think it’s best …

Trading Royal Ascot

And so here we are another year, another Ascot.

Ascot is obviously a big deal and, generally, I target it to be at least the second biggest week of the year. I’ll look to do more in a week than I can normally do in a month, so it’s a significant meeting. Wall to wall, quality racing, from Tuesday till Saturday. You also get the added bonus of lots of drunk people places bets on horses because they like the name 🙂

But

Volume is not liquidity

I was at a meeting last week and was at pains to point out the difference between volume and liquidity. I’ll save the detail for another post at some point in the future, but here is a simple view and some examples, using just £100 stakes.

If you come on any of the courses we run, I’m happy to talk you through the strategy. It’s simple easy and really effective at tournaments like Euro 2016.

Stuffed full of cash

Deep breath

Here we go, summer starts right here!

I must admit to being a bit tired already, which isn’t great planning. But from this point on we have a really busy schedule ahead of us starting tonight. It’s the same every other year. Major footy championship, Ascot, Wimbledon, Cricket and half a dozen other sporting events combine to produce a smorgasbord of opportunity.

Over the next few weeks, you can trade very high quality and high liquidity markets in quick succession in a …

One Bank Holiday you may want to trade

Bank holidays can be a bit of mare. Four billion horses, racing over a thousand meetings. OK, A slight exaggeration there, but you get the picture. Too much racing, too many courses, not enough quality and everything falling over itself.

But today that actually isn’t the case and generally isn’t on this holiday. We have a lot of runners and they are spread many races, but the card is lined up well. That means, even allowing for later starts, it’s unlikely that …

Monaco Grand Prix

The Gym I belong to had a new joiner that I started speaking to last year, he is an ex-racing driver. He has given me some valuable insight into the racing world from behind the wheel!  He told me Hamilton would struggle this year and that Red Bull stood a good chance of pole position at Monaco. I’m all ears now when I chat to him now!!!

For a view of the race from behind a spreadsheet, read on…

You

Tennis vs Football

Some of the overriding factors in trading are opportunity, position placement and money management. Get any of these out of kilter and your trading strategy goes up in smoke.

Let’s look at Tennis and Football to understand what I mean.

Skill differences are slight across a lot of sport, but have you noticed how there can be some wildly uncompetitive matches in Tennis but in Football the opponents always seem to have a chance?

Football

Football is a game dominated by two factors. One …

The losers game

Ever felt like somebody is deliberately trying to coax you into a mistake when you trade?

When I first started trading

When I first started trading I wasn’t sure why the market did what it did, but my response to this was was quite simple and something I have always done in any market I have participated in. I started keeping detailed records of everything I did.

That sounds incredibly dull and uninteresting, but it’s actually the core of any …

Manic Monday

It’s one of a handful of manic trading sessions you see during the year today.

There are 620 runners on the card today and 54 races. Sounds like heaven, but it can be hell. The markets are just often not strong enough to do anything with. You often get a lot of donkeys out and therefore you end up with some competitive handicaps at the lower end of the scale, but little money and little time to trade them.

If …