Tuesday, 29 March 2011
Back to Reality
I decided to take last week off after a great Cheltenham. According to the Bet-angel forums it was a tricky week on the trading front and with the great weather we had in London It was a good decision to leave it alone. There was one day where I finished playing golf by 2pm and I was tempted to race back to the office and trade but I stuck to decision and went back to the first hole to work on my handicap instead. I think it’s important to take time out and recharge, trading is intense and can slowly wear you down without you realising.
Shot of the day
(This almost never happens!)
It took me a little longer to adapt to the big meeting this year. It’s no surprise really as I was experimenting with Betdaq for half of the Cheltenham races, something I’ve never tried before but by the third day I was flying and had my best two days in over a year. Betdaq markets are a different beast. Although they follow Betfair very closely in terms of prices they can feel very illiquid in contrast to Betfair and the fill rate frequency is lower so a different approach is needed.
It’s a shame but I do try not to get excited or have any kind of opinion on the horses even in these big races. At the end of the day my edge isn’t form/opinion based and if I started to mix this into my trading it would just be plain gambling.