Since two days I work together with an experienced full time trader from France. He already reached the premium charge of Betfair and is interested in a partnership. I think it's a good opportunity for me. The "apprenticeship" with Sultan is more or less over. The academy officially ends at the end of the season, but I don't see anymore much added value for me. Actually it's a good sign, because I learned his approach and his mentality. So I benefited a lot, but to reach the next level I have to work closer with a professional. In my eyes it's missing the live support in Sultan's package to reach the final stage. I don't blame him for this, because he never made wrong promises. I just feel that I have to go additional ways to accomplish the real breakthrough. I am still at stage four if you you take the trading cycle: http://www.geekstoy.com/forum/showthread.php?t=1589
At the moment we are discussing the details. He plans to trade courtside during the French Open. So it's just the right time to fix this partnership.
Today I traded some matches, but missed two great opportunities (Sijsling and Seppi). If you are not 100% focused during a trading day this happens. Unfortunately the good trades went in the wrong direction (also for my partner). In the end I just had two lost trades (Barthel and Robredo) and two very small greens (Kvitova and Cibulkova). If Petra Kvitova would win the match and Dominika Cibulkova at least one set, I would have a decent profit. Together with the missed trades was too much failure to make a profit. On the financial view it was a disappointing day. Despite this fact I am happy, because my comprehension for value is so much better now.
Unfortunately the TV coverage doesn't meet my taste tomorrow. I would prefer to see (value) games like Ivanovic vs. Cornet, Halep vs. Keys or Lepchenko vs. Stephens. Instead they are showing matchups which I expect very onesided like Federer vs. Chardy, Gulbis vs. Robert or Nadal vs. Simon. Perhaps the mentioned games will be better than expected, but I don't reckon much opportunities tomorrow. Perhaps I will do some scoreboard trading with lower stakes, but it's not my favourite way to trade.
At the moment we are discussing the details. He plans to trade courtside during the French Open. So it's just the right time to fix this partnership.
Today I traded some matches, but missed two great opportunities (Sijsling and Seppi). If you are not 100% focused during a trading day this happens. Unfortunately the good trades went in the wrong direction (also for my partner). In the end I just had two lost trades (Barthel and Robredo) and two very small greens (Kvitova and Cibulkova). If Petra Kvitova would win the match and Dominika Cibulkova at least one set, I would have a decent profit. Together with the missed trades was too much failure to make a profit. On the financial view it was a disappointing day. Despite this fact I am happy, because my comprehension for value is so much better now.
Unfortunately the TV coverage doesn't meet my taste tomorrow. I would prefer to see (value) games like Ivanovic vs. Cornet, Halep vs. Keys or Lepchenko vs. Stephens. Instead they are showing matchups which I expect very onesided like Federer vs. Chardy, Gulbis vs. Robert or Nadal vs. Simon. Perhaps the mentioned games will be better than expected, but I don't reckon much opportunities tomorrow. Perhaps I will do some scoreboard trading with lower stakes, but it's not my favourite way to trade.
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