Alex's - one year to being a pro
-
@George-Bowling said in Alex's - one year to being a pro:
@Alex-Rule really interesting. thanks for sharing.
Specifically with your lay the draw at HT, what sort of indicators or parameters have you been working around for indicators to enter into the trade and are you trading out etc?
Interested on your thoughts on this as I am currently forward testing an automated half time 0-0 LTD but at present I am trading most at nominal stakes while I collect forward testing data.
Keep up the good work!
Also hope you are enjoying trading in the zone - great book!
G -
@Alex-Rule really interesting. thanks for sharing.
Specifically with your lay the draw at HT, what sort of indicators or parameters have you been working around for indicators to enter into the trade and are you trading out etc?
Interested on your thoughts on this as I am currently forward testing an automated half time 0-0 LTD but at present I am trading most at nominal stakes while I collect forward testing data.
Keep up the good work!
Also hope you are enjoying trading in the zone - great book!
G -
Month 10 of trading
A mixed bag for my this month - overall I'm slightly down across the board. I have now had 2x months of inplay strategies and they have been a bit of a mixed bag. I've worked hard on mid set and trying to take my emotions out of trading which has gone quite well.
Highlights
- Over 0.5 FHG strategy is still tracking well at 4%
- LTD at HT inplay is still up (although not as much as last month)
- I finally have the confidence to leave some of my under performing strategies behind and move onto things that do serve me.
- Currently reading Trading In The Zone - and it's a really insightful book and is really helping me with trading.
Lowlights
- Rough start to my over 3.5 lays - I need to reduce my stakes I think and see how it goes for a while. Will give it 2 more months
- Jumping in too early on a couple of other strategies seems to have cost me some treasure.
Big take away for me this month is that automation if the way forward. I want/need to get set up on BFBM and automate my trades. It's killing my weekends doing things manually and I can get around this - the tools are there. It's just going to take some time. I'm abroad at the moment so when I'm back I plan to get stuck in!
Hope everyone is doing well and let's see what this month brings! Cheers, Al
-
Month 9 of trading
A better month for me. Have had my first real go with inplay trading and overall it's been a good start. The 3 strategies I have started trialing have wiped their faces or made a profit which is really positive for me.
I reduced the number of set and forgets I was trading to just the ones that I think work best and so therefore ended the month slightly up overall.
Highlights
- FHG strategy consistent with July results 6% ROI
- LTD at HT inplay showing and 18.64% ROI in the first month from 69 selections.
- Lot's of new inplay and set and forget strategies created and in testing mode as we speak.
Lowlights
- My SHG strategies have been a bit of a let down and I thought they would have shown more promise - however it's only been 1 month so they need at least 2 more to see if they are worth continuing with.
- Decision to be made about my Home Win at Half time filter - just seems a lot of effort for very little return.
For this month I am going live with small stakes on a couple more Set and Forget strategies - as well as continuing to track my inplay to see if the SHG improves or if they LTD filter continues its magic.
Set and Forget
https://docs.google.com/spreadsheets/d/14sQHc1a_-Q92Y0nIh0JIPTU3-hese2svcynRGef9aog/edit#gid=0
Inplay
https://docs.google.com/spreadsheets/d/12893w4uBdzT0ac0phKa5zCPEXRzBBNsQxGHKEvJVAC0/edit#gid=123321413 -
Month 8 of trading.
Been a real mixed bag July - very few selections made it feel like a really slow month indeed! A small loss overall but I'm not surprised as the low number of games has made those losses feel bigger with a small data set on some of the newer strategies.
Hightlights
- Been doing LOADS of testing for inplay and new set and forget strategies. Should be going live with a couple of inplay this month for the first time which is really exciting.
- My over 0.5 FHG strategy has started to redeem it's self and is now in profit!
Lowlights
- Big swings in variance have left me in the red on a few strategies but I need to know if this is just he time of year or if they are just bad strategies.
In play trading for a SHG and LTD at half time - looking forward to starting this and seeing the results. Takeaway message for this month is TEST TEST TEST!
Let's go August and bring back the winter leagues! Cheers!
https://docs.google.com/spreadsheets/d/14sQHc1a_-Q92Y0nIh0JIPTU3-hese2svcynRGef9aog/edit?pli=1#gid=0 -
@Martin said in Alex's - one year to being a pro:
@Alex-Rule yes yes yes this is fantastic to hear!
Honestly @Martin I'm proper buzzing. It's a similar feeling to having a great gym session, you feel amazing after and looking forward to the next one! I have watched all your guys vids and listened to the podcasts (I treat it like homework that you will eventually get paid for) and they are so helpful.
I really think that by the end of 2023 I will be able to take a step back from my full time job and drop a day or 2 which is amazing. If anyone new to trading is reading this then all I can say is put in the time, ask questions and trust yourself that you are good enough. You don't have to special to be a great trader, just consistent!
-
Month 7 of trading
June was a really positive month for me. I have been testing lot's of strategies in the background and there are some really promising ones in the pipeline. Overall for the month I was up a little - the end of season/waiting for the summer leagues to kick in does seem to have thrown me and my results a little but I'm not too worried as there is plenty to come.
Highlights
- I stuck to my trading plan - didn't trade any strategies that were not on there.
- My 2.5 goals filter is showing a lot of promise and I plan to trade another one this month as well which is looking very promising.
Lowlights
- None really - feeling very positive about the next month!
Really excited to see how the next few months go and see if I can finish the year in consistent profit. Roll on July!
Cheers! -
Month 6 of trading.
May has been a rocky month for my strategies but I remain extremely positive. At a glance I have lost again - but it's less than last month and having never traded the end of the winter season before I am experiencing the volatility for the first time and its defo a learning curve.
I have never done so much research, reading, listening and trying out ideas in a month since this began. It's been really enjoyable in spite of the apparent results and I think it will set me up for future success in the long run.
Highlights
- New lay the draw strategy showing really good signs early on - more data needed but seems really promising.
- Preliminary tests in a few other strategies looking good (Game ends in Draw, over 2.5 goals and FHG)
- Home win at half time strategy recovered and I am now testing a couple more variations to see if it can be improved.
Lowlights
- Under 1.5 goals strategy has fallen off a bit of a cliff - but this might be down to the end of season push to win games in the winter leagues.
- Under 3.5 longer odds seems to have taken a hit as well - this could be for the same reason and maybe unders need to be parked for April and May?
Inplay strategies are bing tested as well and I need more data before making a decision to go live with them. These are really exciting and I am looking forward to having a play with a few variations to see what they can produce. Onwards and upwards for June - I think it will be a much better month for me and I am keen to keep the learning ticking over. I feel like my need to always trade has calmed down and now I feel OK taking weekends off when I can't give it 100% of my attention.
Keep fighting the good fight and I predict better things for June!
https://docs.google.com/spreadsheets/d/14sQHc1a_-Q92Y0nIh0JIPTU3-hese2svcynRGef9aog/edit#gid=0 -
@Richard-Latimer said in Alex's - one year to being a pro:
@Alex-Rule said in Alex's - one year to being a pro:
@Richard-Latimer I found when I first started that the results all seemed to go in my favour on the few strategies I had. Maybe it was my naivety or wishful thinking but I thought I found a golden egg early on and that was going to continue for me! I guess variance kicks in and now different leagues will be in action and others not. So it be interesting to compare next Dec to last to see if it's a seasonal thing or if I was just seeing a very higher strike rate for that strategy which is not representative of the overall data. Having watched @Martin s last video on DO NOT CHANGE YOUR STRATEGY if feel I need much more data to know for sure.
I think my "one year to being a pro" upon reflection was very ambitious but I was mis led by my early insane ROI and P/L ratio. I think for me 2 years is more realistic. The main thing is I am still having fun and still learning so that's good, I still have the drive to be financially independent!
How long have you been trading for?
I'm around 20yrs in and only now do I feel it is within reach
As long as you get there - that's the main thing. Keep it up!
-
@Richard-Latimer said in Alex's - one year to being a pro:
And it's still going to be in time to take early retirement
definitely the dream!!
-
And it's still going to be in time to take early retirement
-
@Akiva-Anderson yeah I know
It probably cost me my marriage too getting a little obsessed at times although I maintain never addicted. No nasty debts etc....
And I've met someone really special so who's to say this wasn't always the right path
If this place had existed years ago I would have got there sooner!
I'll console myself with the fact many never get there at all
-
I'm around 20yrs in and only now do I feel it is within reach
Should've been within reach many years ago. It has actually taken you a generation. Far too long. You know it, I know it, we all know it.
I'm amazed at your stubbornness, but it's what got you here!
-
@Alex-Rule said in Alex's - one year to being a pro:
@Richard-Latimer I found when I first started that the results all seemed to go in my favour on the few strategies I had. Maybe it was my naivety or wishful thinking but I thought I found a golden egg early on and that was going to continue for me! I guess variance kicks in and now different leagues will be in action and others not. So it be interesting to compare next Dec to last to see if it's a seasonal thing or if I was just seeing a very higher strike rate for that strategy which is not representative of the overall data. Having watched @Martin s last video on DO NOT CHANGE YOUR STRATEGY if feel I need much more data to know for sure.
I think my "one year to being a pro" upon reflection was very ambitious but I was mis led by my early insane ROI and P/L ratio. I think for me 2 years is more realistic. The main thing is I am still having fun and still learning so that's good, I still have the drive to be financially independent!
How long have you been trading for?
I'm around 20yrs in and only now do I feel it is within reach