Wednesday, 3 August 2011

July Review

Alas, the review has arrived.

Here are July's stats:
- Winners - 25
- Losers - 5
- Void - 25
- Total trades - 55
- Average trades per day - 1.8
Profit/loss to fixed 2.5 PTS liability - +8.8
Profit/loss to 2.5% of trading bank (with compound staking) - +9.1

Since inception (up to 03/08)
- Winners - 59
- Losers - 12
- Void - 43
- Total trades - 114
- Average trades per day - 1.8
Profit/loss to fixed 2.5 PTS liability - +13.95
Profit/loss to 2.5% of trading bank (with compound staking) - +14.67

Removing the saver trades on the 1.5 goals trade turned out to be a good decision. They were eating into the profits of winning trades and wouldn't have been needed once during July. Losses incurred didn't come from any specific leagues or trades, which is always a good sign. Having looked at the stats regarding the losing games I think it was just a case of "that result had to happen at some point".

As for the winning trades profits have come from most areas. Laying the Home or Away team has produced a tiny loss, but there were only 5 trades so we certainly won't be drawing any conclusions yet. Trading the 1.5 goals and HT draw has done really well. It may seem that our variety of trades is still limited, but summer leagues are tremendously difficult to profit from. Each league has its own characteristics and that will mean each league being treated with its own trade types.

We've been doing really well, but it's still a case of keeping our feet firmly on the ground and picking off the badly priced markets as and when. We certainly won't be forcing anything; there's only a trade when there's plenty of value. With the Big Leagues starting it really is a case of walking on thin ice so don't expect much movement until we're into September.

I'll leave it at that, here's the link to the latest spreadsheet.

https://docs.google.com/leaf?id=0BwXsHOipLtGWYjJhYmM5ZDQtNTEzNC00YmFkLWI3MDQtODY2ZTM4NDA3YTU2&hl=en_US

If you have any feedback please do get in contact.

Koda & Jasper

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