BTC Cricket Trading Thread
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Thanks guys! Hope it will help all new cricket traders on the forum.
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@sameer mate how's things , no particular science for me on outlay just what I'm comfortable with . guess the first question ask yourself how much willing to lose . but something at times I've tinkered with on entry exit points is around half dividends/odds
say
100@2 lay 50@3back
if were to lay again
[email protected] lay 50@2 back
again no specific science and obviously cant keep laying forever -
@sameer said in 2020 Cricket Trading Thread - Updated Thread:
Hey guys,How do you divide your stake when you drip lay & what percentage of your bank roll do you use in laying the draw?
It’s a bit dependent on the situation really, if you are looking to get in and out quickly regardless which way it swings you could effectively use a little more stake maybe 10-20%, as you are never truly risking much more than 2-5%.
If you are holding out for the longer term (or are happy to do that if it goes against you) then I would drop that to 2-5% liability.
I tend to back at a certain price and drip lay my liability out of the market. I’ll usually do it in ten drips but sometimes if the green is where I want it I will just green up at that point regardless of how many drip lays I have made.
A lot of it has to do with comfort if you are uncomfortable you need to do it differently.
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Hey guys,How do you divide your stake when you drip lay & what percentage of your bank roll do you use in laying the draw?
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@sajjo-lohar said in 2020 Cricket Trading Thread - Updated Thread:
are you guys still going with the lay the draw? my liability is 32 as i was drip laying, if i lose that then i am finished. 11 overs left today eng should make 100 and declare , and try to have a full day tomorrow to bowl out WI. they batted so dam slow in their 1st innings
Can you clarify this? Are you saying you have risked it all on one trade?
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@richard-futter said in 2020 Cricket Trading Thread - Updated Thread:
The way this pitch is playing now, I think 250 will be too many for the Windies.
Would we really declare with 250 lead though? Guess for me it may be a case of waiting to see what we do.
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moving to England to stay awake for these final session carnages ha . loving getting up to this market . game and trade on hard
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@sajjo-lohar said in 2020 Cricket Trading Thread - Updated Thread:
are you guys still going with the lay the draw? my liability is 32 as i was drip laying, if i lose that then i am finished. 11 overs left today eng should make 100 and declare , and try to have a full day tomorrow to bowl out WI. they batted so dam slow in their 1st innings
If you are finished from any particular single trade losing then you are almost certainly over staking. I would recommend reading the BTC articles on Bankroll Management, and staking less in future
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The way this pitch is playing now, I think 250 will be too many for the Windies.
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Buttler and Stokes opening - nice one England!
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@sajjo-lohar said in 2020 Cricket Trading Thread - Updated Thread:
are you guys still going with the lay the draw? my liability is 32 as i was drip laying, if i lose that then i am finished. 11 overs left today eng should make 100 and declare , and try to have a full day tomorrow to bowl out WI. they batted so dam slow in their 1st innings
Of course!
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are you guys still going with the lay the draw? my liability is 32 as i was drip laying, if i lose that then i am finished. 11 overs left today eng should make 100 and declare , and try to have a full day tomorrow to bowl out WI. they batted so dam slow in their 1st innings
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Whatever happens it should be a cracking final day - to watch and to trade.
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@richard-futter said in 2020 Cricket Trading Thread - Updated Thread:
If England are brave enough to go for it with the bat, they should win this match.
nothing to lose really is there so they should knock 100-150 and have over 2 sessions to win it. then again we are quite defensive in these spots usually!
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If England are brave enough to go for it with the bat, they should win this match.
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Think there will be a big plunge if they avoid the follow on - could be worth a short term back at that point.
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@simji said in 2020 Cricket Trading Thread - Updated Thread:
Sadly I was @2.4
Don't worry. Things are moving very fast now. Personally, I'm giving it the rest of the day at least, and probably a good amount of tomorrow. Could see some massive swings. Don't forget there's a full 98 overs tomorrow on a wicket that's really up and down now.
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@simji said in 2020 Cricket Trading Thread - Updated Thread:
Can't see the follow on but still could be a chance for the draw to rise. What would peoples exits be at this stage.
Depends what price you layed at. If I'd layed at 1.12 (if only!) I'd be trading out a fair lump of it now.
