lördag 3 januari 2015

Going into 2015

I've been thinking alot about how to continue this project going into the new year and have decided on the following.

I will continue posting most of my pre match trades. I can't publish everyone because many of them are quite short in time, more of in and out trades and doesn't render much profits either. When I started this I had the ambition to post a graph each week of my trading developments. Now I set my ambition to update with a graph at the end of each month. Trading bank is €700 and when it reaches €1000 I will withdraw €50 for every €100 I win on top of that. €1000 is about the size of money I want to have tied up in this kind of business so it can grow slower after that and the exceeding profits can be used to stock market investments or a new pair of shoes or what ever.

The Kelly bet project will continue as well. At the moment I have a 120% ROI which is the best I've ever had at any betting spreadsheet. Probably says more about my limited betting skills but it's still a quite good profit and with 32 bets it's not just coincidence, there seems to be an edge here.

I don't do many live trades, I'm simply not very good at it so don't expect to see many of them here.

I will have another go at tennis betting. Since I posted my last bet during the US Open I've been reading alot of stuff about different strategies and specific player traits and I feel I want to try them out with live money in the new season which starts tomorrow. Stakes will be small and it's more a case of trying to be smarter than the market than making alot of money.

This is how I see this blog developing into 2015.

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