Sports Day Trading

[Data Miner]

Hey,

How come you stopped?

Stopped sports day trading? I've not!

Stopped posting my daily trades here?
I though continual daily posting would likely be boring ... as my predictions are black-box, neural network derived I can't flesh them out with any sort of human reasoning. So it all gets a bit "samey".

I'll be back again, don't worry, maybe from next month ~ just not continous postings on this board boring the pants off everyone (I have my own board for both my sports day-trading daily posts and for boring people)

My progress (or otherwise) since May? ... since you asked(?)

June: +963.06 profit
July: -257.16 loss

But, thanks for asking. Nice to know at least somebody reads my ramblings on here!

DM

 

[Data Miner]

Hi y'all,

Just to keep my thread updated.

My sports trading mimicked the FTSE in August, with one major difference. The FTSE recovered, my bottom line didn't! A resounding -1,595.04 hole in the bank over the month.

Still, September is another month and such trials & tribulations serve as a handy reminder that things can and DO go either way, so don't get too carried away with a few winning months.

A September recovery is well under way.

Be lucky.

DM

 

[Data Miner]

Happy November!

After a four month absence, it's hello again from me. Have you missed me? Aw shucks.

Away with the doubters, I'm still plodding the daily sports spread betting path with all the usual (and not unexpected) peaks and troughs along the way. Overall, from the date of my last posting, May 31st 2007 up to and including 31 October 2007 my spread betting bank has grown by some 850 points. Some little way behind my target gains unfortunately.

At various points along the route I experienced times where I could claim to be substantially exceeding target, and others where it was like pouring money down a very deep drain. September and October have been a fruitful period, but they did little more than claw back the horrendous financial happening that was my August. But we all know, don't we, nobody becomes a trader for a steady income.

The graph showing Data Miner's four-month financial roller coaster;




Over recent weeks I've also been looking into setting up a spread betting specific discussion forum. Not in competition with T2W you understand, or with any other board, but rather born out of necessity and frustration that no such animal currently exists to feed the needs of spread betting fans such as myself.

Boards such as T2W do have aspects of spread betting chat but it can be difficult to seek out. Equally sports betting sites also treat spread bettors almost as an afterthought. A specific and dedicated spread betting forum is IMO long overdue, its intention is to satisfy the needs of that enthusiastic minority of spread traders who are currently under represented. Click on my profile to find the site url, all spreaders (and even potential spreaders) will receive a warm welcome - especially financial spread traders, an area which is currently outside of my sphere of experience, but is an integral part of the plans for an active group.

I'll be re-starting my daily picks from today on here. Fingers crossed I'll make it a hat trick of good trading months, the harder I work at it, the luckier I get.

DM

 

[Data Miner]

November 2007 sports day-trading.

November 01 2007
Start of month, zero bank level:

1) SOLD Lingfield SPs @ 55(SP,SX) 4pts
2) SOLD Clonmel SPs @ 57(SP) 4pts
3) SOLD Newcastle winning lengths @ 36(SF) 6pts
4) SOLD Newcastle SPs @ 45(SX) 4pts

Happy spreading!

DM

 

[Trader333]

Whilst I do use Betfair quite extensively, I have never ventured into the world of spreadbetting in this area. Does having Sold Lingfield SPs @ 55(SP,SX) 4pts mean that you expect the SP to reduce in price compared to a standard ?


Paul

 

[Data Miner]

Whilst I do use Betfair quite extensively, I have never ventured into the world of spreadbetting in this area. Does having Sold Lingfield SPs @ 55(SP,SX) 4pts mean that you expect the SP to reduce in price compared to a standard ?


Paul

Sorry Paul,

I'm making assumption about prior knowledge. Yes a "SELL" is going low, a "BUY" is going high.

Most of my stuff is selling, so usually I want the finishing make-up to be lower than the quote I've sold.

Great start today, 4 winning trades from 4 for a +166.04 first day trade return (despite my sell of Newcastle winning distances standing at 25 after 2 races!)

Anyone else not understand what's going on here, ask away

DM

 

[Trader333]

Now you have got me thinking about this because there are ways to indicate if the SP is likely to go down or up for particular races. Is this race specific or course ?


Paul

 

[Data Miner]

Now you have got me thinking about this because there are ways to indicate if the SP is likely to go down or up for particular races. Is this race specific or course ?


Paul

Not sure I understand the question. But the daily racing spreads (SPs, winning margins, favourite performances, etc) are on a "per racecard" basis. Most are traded in running though (but I NEVER trade in and out of a position - my calculations are for the whole racecard, I trade prior to race one, and stick it out until the bitter end)

DM

 

[Data Miner]

No trades yesterday (Nov 2nd) but a cracking start to November from the day before with a full house of 4 winning trades from 4

===== Previous trading results (from 01 November 2007) =====
month start, zero bank

1) SOLD Lingfield SPs @ 55(SP,SX) 4pts MU=46 (+36.00)
2) SOLD Clonmel SPs @ 57(SP) 4pts MU=46.8 (+40.80)
3) SOLD Newcastle winning lengths @ 36(SF) 6pts MU=30.6 (+30.84 commission deducted)
4) SOLD Newcastle SPs @ 45(SX) 4pts MU=30.4 (+58.40)

Day's outcome +166.04

Leaving +166.04 to c/fwd


Today's trades

5) SOLD Ascot winning lengths @ 31(SX) 6pts
6) SOLD Leopardstown winning lengths @ 11(SP) 20pts
7) SOLD Leopardstown SPs @ 55(SP) 4pts

. . . plus a whole host of football mini-performances
(bet calculated as win=15pts, draw=5pts, each goal scored=10pts, keeping a clean sheet=5pts, team member sent off=MINUS 15pts

3pts stake on each of the following;

8) SOLD QPR @ 21(SP)
9) BOUGHT Hull @ 19(SF)
10) BOUGHT Burnley @ 15(SP)
11) BOUGHT Charlton @ 19(SX)
12) BOUGHT Bristol City @ 16(SX)
13) SOLD Leeds @ 19(SP)
14) BOUGHT Port Vale @ 16(SP)
15) SOLD Millwall @ 23(SF)
16) BOUGHT Hartlepool @ 17.5(SF)
17) SOLD Bradford @ 22(SX)
18) BOUGHT Brentford @ 16(SX)
19) BOUGHT Barnet @ 18(SP)
20) SOLD Mansfield @ 23.5(SF)
21) BOUGHT Macclesfield @ 19(SX)
22) SOLD MK Dons @ 20(SP)

Happy spreading!

 

[Data Miner]

Saturday 03 November (evening racing)

23) SOLD Kempton SPs @ 38(IG) 4pts

Happy spreading!

 

[Data Miner]

===== Previous trading results (from 03 November 2007) =====
+166.04 b/fwd

5) SOLD Ascot winning lengths @ 31(SX) 6pts MU=26.3 (+28.20)
6) SOLD Leopardstown winning lengths @ 11(SP) 20pts MU=13.5 (-50.00)
7) SOLD Leopardstown SPs @ 55(SP) 4pts MU=41.6 (+53.60)
8) SOLD QPR @ 21(SP) MU=40 (-57.00)
9) BOUGHT Hull @ 19(SF) MU=0 (-57.00)
10) BOUGHT Burnley @ 15(SP) MU=10 (-15.00)
11) BOUGHT Charlton @ 19(SX) MU=15 (-12.00)
12) BOUGHT Bristol City @ 16(SX) MU=15 (-3.00)
13) SOLD Leeds @ 19(SP) MU=10 (+27.00)
14) BOUGHT Port Vale @ 16(SP) MU=10 (-18.00)
15) SOLD Millwall @ 23(SF) MU=0 (+65.69)
16) BOUGHT Hartlepool @ 17.5(SF) MU=30 (+35.70)
17) SOLD Bradford @ 22(SX) MU=10 (+36.00)
18) BOUGHT Brentford @ 16(SX) MU=35 (+57.00)
19) BOUGHT Barnet @ 18(SP) MU=0 (-54.00)
20) SOLD Mansfield @ 23.5(SF) MU=70 (-139.50)
21) BOUGHT Macclesfield @ 19(SX) MU=0 (-57.00)
22) SOLD MK Dons @ 20(SP) MU=-15 (+105.00)
23) SOLD Kempton SPs @ 38(IG) 4pts MU=47 (-36.00)


Day's outcome = -90.31

Leaving +75.73 to c/fwd

Biggest influence on the day by far, was the result from my home town team Mansfield, playing at home to Macclesfield.

Mansfield who have only recently clawed their way out of the bottom spot in the bottom division (by way of a goalless draw), playing Macca, who no great shakes, had still only lost 3 of their previous 13 games this season. How could anyone foresee this as a 5-0 win to Mansfield? Still, it was, and the game was responsible for an almost 200 point dent in the day's proceedings.

No post mortems . . these things happen. Get used to it!


Today's action (04 Nov 2007)

24) SOLD Lingfield winning distances @ 10 (SP,SX) 4pts
25) SOLD Cork SPs @ 50 (SP) 4pts

Happy spreading!

 

[Data Miner]

Typo yet again!! note: must be more careful when entering trading journal.
Yesterday's Lingfield sell was 20pts, not the 4pts as stated. (therefore losing me more money!)


===== Previous trading results (from 04 November 2007) =====
+75.73 b/fwd

24) SOLD Lingfield winning distances @ 10 (SP,SX) 4pts MU=11.15 (-23.00) (20pt stake)
25) SOLD Cork SPs @ 50 (SP) 4pts MU=52 (-8.00)


Day's outcome -31.00

Leaving +44.73 to c/fwd



Today's action (05 Nov 2007)

26) SOLD Warwick winning lengths @ 43(SP) 6pts

Happy spreading!

 

[Data Miner]

===== Previous trading results (from 05 November 2007) =====
+44.73 b/fwd

26) SOLD Warwick winning lengths @ 43(SP) 6pts MU=17.85 (+150.90)

Day's return +150.90

Leaving +195.63 to c/fwd


Today's action (06 Nov 2007)

27) SOLD Catterick SPs @ 42(IG) 4pts

plus nine mini-performance football trades (see earlier post for spread construction)
28) BOUGHT Coventry @ 18(SP)
29) BOUGHT Ipswich @ 17(SP)
30) SOLD Huddersfield @ 23(SF)
31) BOUGHT Hartlepool @ 19 (SP)
32) SOLD Luton @ 19(SX)
33) BOUGHT Carlisle @ 20(SP,SX)
34) SOLD Port Vale @ 23(SF)
35) BOUGHT Crewe @ 18(SP)
36) BOUGHT Chester @ 21(SX)

Happy spreading!

 

[Data Miner]

===== Previous trading results (from 06 November 2007) =====
+195.63 b/fwd

27) SOLD Catterick SPs @ 42(IG) 4pts MU=25.7 (+65.20)

28) BOUGHT Coventry @ 18(SP) MU=35 (+51.00)
29) BOUGHT Ipswich @ 17(SP) MU=10 (-21.00)
30) SOLD Huddersfield @ 23(SF) MU=40 (-51.00)
31) BOUGHT Hartlepool @ 19 (SP) MU=0 (-57.00)
32) SOLD Luton @ 19(SX) MU=10 (+27.00)
33) BOUGHT Carlisle @ 20(SP,SX) MU=10 (-30.00)
34) SOLD Port Vale @ 23(SF) MU=0 (+65.69) (after commission)
35) BOUGHT Crewe @ 18(SP) MU=30 (+36.00)
36) BOUGHT Chester @ 21(SX) MU=10 (-33.00)

Day's return +52.89

Leaving +248.52 to c/fwd


Today's action (07 Nov 2007)

37) SOLD Huntingdon winning distances @ 36(SP,IG) 6pts

Happy spreading!

 

[Data Miner]

===== Previous trading results (from 07 November 2007) =====
+248.52 b/fwd

37) SOLD Huntingdon winning distances @ 36(SP,IG) 6pts MU=18.45 (+105.30)

Day's return +105.30

Leaving +353.82 to c/fwd


Today's action (08 Nov 2007)

38) SOLD Towcester SPs @ 48(SX) 4pts

Happy spreading!

 

[Data Miner]

10 November 2007

No action yesterday

===== Trading results (from 08 November 2007) =====
+353.82 b/fwd

38) SOLD Towcester SPs @ 48(SX) 4pts MU=40.8 (+28.80)

Day's return +28.80

Leaving +382.62 to c/fwd


Today's action

39) SOLD Doncaster SPs @ 71(SX) 4pts
40) SOLD Naas SPs @ 49(SP) 4pts

Happy spreading!

 

[Data Miner]

===== Trading results (from 10 November 2007) =====
+382.62 b/fwd
39) SOLD Doncaster SPs @ 71(SX) 4pts MU=34.1 (+147.60)
40) SOLD Naas SPs @ 49(SP) 4pts MU=37.6 (+45.60)

Day's outcome +193.20

Leaving +575.82 to c/fwd

Yesterday's action (couldn't post, T2W board was down)

41) SOLD Kempton SPs @ 63(SX) 4pts
42) SOLD Limerick SPs @ 63(SP) 4pts


12 November 2007

===== Trading results (from 11 November 2007) =====
+575.82

41) SOLD Kempton SPs @ 63(SX) 4pts MU=85.5 (-90.00)
42) SOLD Limerick SPs @ 63(SP) 4pts MU=55 (+32.00)

Day's outcome -58.00

Leaving +517.82 to c/fwd

Today's action
43) SOLD Limerick SPs @ 40(SP) 4pts

Happy spreading!

 

[Data Miner]

13 November 2007

===== Trading results (from 12 November 2007) =====
+517.82 b/fwd

43) SOLD Limerick SPs @ 40(SP) 4pts MU=25.7 (+57.20)

Day's outcome +57.20

Leaving +575.02 to c/fwd


Today's action

44) SOLD Kempton winning lengths @ 39(SP) 6pts

Happy spreading!

 

[Data Miner]

14 November 2007

===== Trading results (from 13 November 2007) =====
+575.02 b/fwd

44) SOLD Kemptom winning lengths @ 39(SP) 6pts MU=34.25 (+28.50)

Day's outcome +28.50

Leaving +603.52 to c/fwd


Today's action

45) BOUGHT Bangor winning lengths @ 34(SF) 6pts
46) SOLD Bangor SPs @ 49(IG) 4pts
47) SOLD Lingfield SPs @ 34.5(SF) 4pts

Happy spreading!

 

[Trader333]

Do you conduct analysis to determine the likelihood that SPs will shorten ?


Paul