BTC Cricket Trading Thread
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@nathan-bennett yeah seeing how much time there is left I may double down
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@matt-ayles had a small lay
If this was the market 5-6 overs to go in INNS I’d launch a lay
Still could -
Had a throw
LAY IND 1.06
HOpefully SA can score 115+ market shouldn’t be worse than current
Between now and then few boundaries rotate strike be great to take risk out 1.12 -
@nathan-bennett said in BTC Cricket Trading Thread:
@matt-ayles doubt ever see this again
Cricket gods are sh*tting all over this strategy idea... "you think you have a strategy? Have some of this!"
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@matt-ayles doubt ever see this again
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@nathan-bennett said in BTC Cricket Trading Thread:
Christ what am I watching suspect market be very very stale for a while as SA go survival mode
No entry me yetWell this is outrageous!!!
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Christ what am I watching suspect market be very very stale for a while as SA go survival mode
No entry me yet -
Im wondering what needs to happen for a market to hit 1.1 in the first innings... SA are 8/3 after just 11 balls yet India are still at 1.16
Turns out a 4th wicket will do it! Laying India at 1.09
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@dan-mackinnon said in BTC Cricket Trading Thread:
Just so I'm clear, the strategy is lay the team at 1.1 (with an optional stop loss at 1.05) and exit at 1.2. Repeat as many times as available
Today we're looking at IND vs SA and PAK vs ENG.
Yes, thats it.
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Just so I'm clear, the strategy is lay the team at 1.1 (with an optional stop loss at 1.05) and exit at 1.2. Repeat as many times as available
Today we're looking at IND vs SA and PAK vs ENG.
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@nathan-bennett Yeah, hear what you are saying. But feel that the benefits outweigh the negative in this scenario. There are likely to be more real situations when stop loss is needed rather than the scenario mentioned above.
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@stuart-wallace fair enough . no doubt be occasions that will annoy you like market reacting to a catch in out field only to be dropped and stop loss matched etc
always element of randomnessbots are good if not watching i've used occasionally smaller stakes
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@nathan-bennett Personally, i would be happier with a stop loss , and even happier if Dan could get a Fairbot to work incorporating a stop loss along with the 1.1 lay.
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@dan-mackinnon Dan, that would be great. If you get it working i might even forgive you being a Palace fan
but its a big might -
@matt-ayles I read you mentioned about trading software. I’ve messed about with a few and as of next month I’m going to start incorporating bots into my trading. I could pretty easily make a bot for this 1.1 strategy and happy to be the Guinea pig to see if it works.
I’ll likely use Fairbot and once I’ve got everything set up I’ll share it with everyone on here because you can get a 2 week trial. Looking at different bots and VPS it’s not as expensive or daunting as some people think. I reckon you could get a decent setup for £20-£30 per month all in. If it means you’re not missing trades you’ll easily cover those costs.
I’ll also look into making bots for some of the profitable strategies so hopefully that’ll help cover the costs.
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Added note to 1.10 lays
Personally no stop loss for me
On the odd occasion I might reload 1.05 ishHow good is it most games around the world there’s a gi zillion dollars on offer to trade
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Will be interesting to see how South Africa play tomorrow. Decent recent T20 results but haven’t played that format since the start of August.
Famous last words but surely India heavy favourites.
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@stuart-wallace to counter your point, if your initial lay was 1.08 for example, your stop loss is 1.04, just needs to be half where your entry is.
If it's an odd number you'd have to make a judgement call!
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@matt-ayles said in BTC Cricket Trading Thread:
Another thought i had on this is, what if the odds are 1.12, then a 6 is hit dropping it to 1.07, but you would still be matched at 1.1 - your exit is still 1.2 whereas mine is a far more attractive 1.14.
There may be some legs in a set and forget style but right now i want to give it my full attention as its still in its infancy.
yeah, like this.
So, wait for your entry point as it may go lower than 1.1 in one shot, however, still have your stop loss at 1.05, and adjust your exit point accordingly. -
tbh, i'm really excited about the 1.1 strategy. I have been scratching my head about trying to find a solid strategy for the T20 World Cup , now, hopefully, this might be it.
Thanks guys - the 1.05 stop loss is also a good bit of advice too.
Looking forward to liaising with everyone on here, and hopefully we can all, together , move up from Fillet Steak to Chateaubriand !
