2022 Tennis Trading Thread
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Small red on the Pella match should of closed when he got the mini break in the 3rd set TB but held fire.
Last match for me tonight and backed Swartzman at 5.0. Not expecting him to win but the Argi’s need to and backing his ticker more to bring that price down for some green.
Closed for no liability on a Medvedev win and green on a Diego win after the second set.
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Backed Guido Pella at 3.55 against Khacanov. No way should Pella be that long despite being the underdog.
Have bailed as Pella looks flat. May come back if he finds his range
Laid Khacanov at 1.17 at 2-3 in the 2nd. Pella looks like he has found something to make this set interesting.
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@james-woodroffe Inside knowledge is always welcomed here mate! on a side note nice to hear your in tv production im currently studying tv and film production or as the course says media, still got couple years left and at that point ill need to decide if trading is a better option. Be following your trades with interest then mate, lovely couple days trades
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@darri thanks mate, that explains it perfectly and now it all seems a lot clearer. I was stoked with the Evans trade also and it’s been a good couple of days. I hope I can add something to the tennis thread I’m actually here in Sydney cause I work in TV sports production and do a lot of tennis over the year so I hope that helps us all gain an edge here. Thanks again
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@james-woodroffe i think you got 2 different responses from your original post about points and what they mean.
From a basic view and the way i think 99% of traders use points are as follow. your bank is divided into 100. So you now have 100 points. Each point is 1% of your bank. So for a £100 bank each 1 point = £1 for a £200 bank 1 point = £2 and so on.
The reason people use a points system is because its easier to track progress. If you have strategies you can track how they are performing over a period of trades. The main reason is because as your bank grows you start to increase your stakes so it becomes harder to track the change in bank size, but with a point system its always consistent 1% of the new bank is still 1 point. I think richard might have confused you there about staking, staking is the amount you put on each trade.
So example would be your backing over priced players to win the match. Your bank is £100 and you want to stake 2% in this case £2 of your bank each trade. Your trade was say NADAL to win @ odds of 2.0/evens. He goes on to win so your profit is £2 which means you have won 2 points. Similar to £200 bank same stake of 2% £4 (2 points) you would win £4 = 2 points etc.
Hope that helps, its really only to make it easier to track and record. Instead of just tracking actual money values its just a point system.
Lastly fantastic trade on evans mate, hopefully with members like yourself the tennis thread can come alive again, ill be watching to see how your trades do seem to know your tennis
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Closed out after Evans goes up 2-0 for a guaranteed green of just over £13 or is that 13 points also?
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Backed Dan Evans @ 4.40 just before he was broken in first. Back on serve at 2-3 and still the same price.
Evans now laid after winning 7-6 locked in green.
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@gary-brown said in 2019 Tennis Trading Thread:
@james-woodroffe said in 2019 Tennis Trading Thread:
I need some one to explain what a point is in trading. I made a whopping £16 today and my account has now hit the magical mark of £306
baby steps I know but I’ll happily take £16 a day for the next 25 days on the tennis alone even though I know it doesn’t actually work that way.Hi James first of all well done mate. A point in trading is the same as 1% of your bank mate. So divide your bank by 100 and that is what 1point of your bank is
Surely a point is whatever you choose to make it. I view it as my basic stake. If I stake less due to odds then I view it as a little more than half a point etc...
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@james-woodroffe I would say so its what I try and do and I think most people here would do the same James. I tend to stake at 2% for everything but other people will do it slightly different but keeping trades no higher than 2.5%
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@gary-brown thanks mate that makes sense. I thought it was something along those lines but was trying to get my head around people saying “I’ve made 3 points today or “I’ve risked half a point”. Makes sense now. Cheers.
Sorry and is the average outlay per trade between 1 and 2.5 points?
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@james-woodroffe I meant to reply about the points but got too excited at the profit you'd made! I see Gary has answered
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@james-woodroffe said in 2019 Tennis Trading Thread:
I need some one to explain what a point is in trading. I made a whopping £16 today and my account has now hit the magical mark of £306
baby steps I know but I’ll happily take £16 a day for the next 25 days on the tennis alone even though I know it doesn’t actually work that way.Hi James first of all well done mate. A point in trading is the same as 1% of your bank mate. So divide your bank by 100 and that is what 1point of your bank is
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@james-woodroffe I bloody love what we have here!
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@ryan-carruthers cheers mate, all thanks to this site and the people on it
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@james-woodroffe love it matey
well played!! -
I need some one to explain what a point is in trading. I made a whopping £16 today and my account has now hit the magical mark of £306
baby steps I know but I’ll happily take £16 a day for the next 25 days on the tennis alone even though I know it doesn’t actually work that way. -
Laid Shwartzman at 1.18 after that first set vs Coric.
Not to be this time had to take the red.
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Backed Pella at 4-4
Result 7-6 for the Argi. Laid now for 2nd set and locked in green.
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@james-woodroffe great shout!
