DISCIPLINE KEEPS THE BANK SAFE

People who are reading my blog from the start, know by now that one of my bigger concerns is to keep safe my bank.

Keeping the bank safe is helping the trader to avoid anxiety and depression of losing his capital. Ok I know nobody wants or like to lose but the fact is that the plurality (more than 95%) of punters all over the world are losing money every day, more and more till they end consuming their whole bank.

Trading before the start of a match is not a practice that can make the trader wealthy in a week or in a month or in a year but surely under the condition that the trader is following with discipline some "safe" rules, can help keep and why not build up his bankroll. Some punters believe that is easier to generate steady and significant daily income from a big bank than from a small bank.

In my opinion, if a trader is not disciplined, then pre-match trading is needless and can as well as other betting strategies lead him to bankruptcy.

so...:

• ...test your strategy. Testing will lead you to...
• ...set clear rules on your strategy ( for example set your stop loss to some specific ticks, find the factors you can rely before opening your position, set a percentage of your bank that you are going to trade with e.t.c.) and...
• ...keep yourself disciplined following your rules.

 "self-discipline"

Remember you cannot win every day and is inevitable to lose...so try when you lose not to destroy your bank...and something else also important...

...don't try to catch your losses, stop, reconsider, study what went wrong and trade again the next day. 

PRE-MATCH TRADING 28.1.2010, MATCHES TO FOLLOW

Big movement at Ghana vs Nigerias odds!!! Nigerias odds are going dowwwwwwwwn!! In this case we had a change on the favourite!!! 20 minutes before tha start of the game.

Here is a photo of the rally

Update 1: I am not really interested in today's matches. Only at Atletico Madrits match there was some movement that i could not take advantage of.

Maybe some movement is going to occur later. I will have an eye on Getafe, Inter, Atletico and Egypt.

PRE-MATCH TRADING 25.1.2010 MATCHES TO FOLLOW

Today as we don't have plenty of choices I will follow:

   

1) Egypt vs Cameroon, Egypt' s odds (2,46) are moving down, good liquidity.
2) Kerkyra vs Olympiakos Volou, the home team's odds (2,3) are moving down, medium liquidity.

The last days we had big succes in our choices I hope that all of you could trade in a positive balance


Update1: Stop loss at Kerkira. Close position and reconsider if I re-open in this match. 

Update2: Stop loss also at Egypt. Big upwards movement of the odds but unfortunately I hadn't got the time to follow. Now the odds are up to 2,64 (back) and 2,66 (lay) !!!


If only I could watch the odds all the time!!! Egypt made a HUGE movement and was a nice opportunity for a nice profit. 
Unfortunately I came out with a loss because I could not watch the odds from my office.

PRE-MATCH TRADING 21.1.2010 MATCHES TO FOLLOW

Today there are not many games to select. Till now i do not see any significant trend but I would be interested into the following  two matches because I think that there would be some movement:

1) Cameroon vs Tunisia, Cameroon team' s odds (1,92) could change. By now I can see a small down movement of the odds . Good liquidity.
2) Satander vs Osasuna there is not a movement but I think that  will change during the day. I feel that this match will perform a significant swing today. The home team's odds are at 2,16 (back)  and 2,18 (lay),  liquidity just over 6.683 euros.

I would not open now a position. I would wait a little more.