Saturday, August 15, 2009

Markets & Strategies

Hi Everyone

Today is markets and strategies day!

The main markets I will be working in to achieve the trade-2-1k goals are pretty standard.
1. Evening UK & IRE racing
2. US Racing - been pretty successful at this in the past
3. Football markets

Of the 3 markets, football is the most variable one for me. I have good laying strategies, but not much trading strategies. We might go for the standard correct score, match odds and the draw get your money back one!

As regard strategies, I use the old weight of the money trick and trend following, for the UK & IRE racing.
I have a rule based approach for the US racing which, when stuck to, has been quite successful.


I think the 3 markets above will do until I get to the 1k target.

Next post will be the tools I will be using, software pc, etc. Also getting closer to trade time, starting Monday. Hopefully trying to get a countdown clock to count down to the target time of 90 days.

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