Jump to content

> Join our real-time trading chat on WowApp

Tomas

Administrator
  • Content Count

    558
  • Joined

  • Last visited

  • Days Won

    52

Tomas last won the day on April 15

Tomas had the most liked content!

Community Reputation

247 Apostle

About Tomas

  • Rank
    Forum Legend

Recent Profile Visitors

2878 profile views
  1. until
    Ayr
  2. Tomas

    Masters Tournament

    until
    Date: Apr 11–14, 2019 Course: Augusta National Golf Course Purse: $11,000,000
  3. Yesterday I had a chance to trade greyhounds for almost 3 hours and this is the result: Nice and steady. I think the evening racing has a better liquidity but these afternoon races were good as well. Btw, I'm not using big stakes to achieve these results. Greyhounds are nice for their high volatility which is good when using smaller stakes. With a small stake you can achieve a nice ROI. Something like this for example: 13.64% ROI on my maximum exposure in this market... On the other hand, you can't scale too much. On the other other hand, there are tons of these markets every day. I think over a hundred races every day, every few minutes. Stats: Current Equity:
  4. Tomas

    Tommy and his early trading

    Much bigger danger is to let the loss go so high. I bet there was many possibilities to exit earlier...
  5. Another three day summary... I haven't been able to dedicate much time to greyhounds but at least I am finally in profit with a little bit of luck involved April 5th: As you can see, I had only a very little time in the morning and in the evening so there is really not much to talk about. April 7th: This day boosted my overall profit but it wasn't because of my excellent trading skills - it was due to an early suspended market. Exactly 10 seconds before the official start of the race I ended up with quite a big Back bet on a favourite: Luckily the favourite did win the race. But I quite don't understand one thing - why on earth the market is suspended so early? How can we rely on the time? Seems like we have to live with this issue and so I decided to close all of my trading positions at least 15 seconds before the official time. I usually finish my trading little bit earlier though. Unfortunately, I will miss some good opportunities which often arrive early before the official starting time. Except this race, I would still end up with £21.24 profit and that is what I would prefer - more days with a smaller profit rather than days with big ups and downs. April 8th: What gets me into a loss quite often are those bloody big & unexpected spikes up and down. Someone often takes a lot of money (often in thousands) and he moves the price from like 3.00 to 4.00 in just one second. It's quite hard to fight against it sometimes but I think I can now roughly recognise if it will happen or not. Let's see what the future will bring Stats: Current Equity:
  6. Tomas

    April Greyhound Trading Challenge

    Hi James, yes this is achievable, you can see my challenge from the past - https://sportstradingexposed.com/forum/blogs/entry/45-im-starting-a-small-challenge-with-%C2%A325/.
  7. Tomas

    April Greyhound Trading Challenge

    Hi Ricardo, my maximum liability per market is 100 GBP maximum. Great idea with your challenge, I'm looking forward to see more traders doing it!
  8. Tomas

    Hi

    Theoretically yes, but practically the bigger the stake you are using, the lower % ROI you should be expecting. There is not an unlimited liquidity.
  9. I haven't been trading much in the last few days but for the record and maximum transparency, I want to publish my results from the last three days on greyhounds. 2nd April: In the highlighted race I was caught by an early suspension of the market. It was suspended about 5 seconds before the official start of the race. Little annoying but what can I do? If I take this statistically, I should be in a small loss over the long term because of these suspensions. Why loss? Well, sometimes the greyhound wins, sometimes it loses but when it wins, I have to pay the commission. So, if I am correct, if there would be no commission, I should be roughly on 0. The commission should take me into a small loss. 3rd April: Nothing I can say about that, I just traded a few races with a small stake. 4th April: This day was nice. I was able to jump into a few races in the evening and I was pleased with the liquidity in the markets. I caught some nice swings and I noticed, together with @Tommy, that markets are heavily manipulated. It's not unusual that someone with very deep pockets does move the price for like 20 ticks or more and he holds the price in this range. Just to illustrate what I mean, this is a picture from yesterday's greyhound racing: Ridiculous amounts on ridiculous prices. Clear manipulation. Stats for the last three days: Condensed stats: My strike rate is very good so I am being quite optimistic about the challenge. I only have to keep an eye on that bloody countdown and hedge my positions rather earlier than later Current Equity:
  10. Tomas

    April Greyhound Trading Challenge

    I have decided to do some trading on greyhounds in April. Few days ago, a friend of mine asked me if I could show him some trading on Betfair. I did show him both, greyhounds and horses. But I was positively surprised with the liquidity on greyhounds and so they grabbed my attention. On some races there was more than 50K of traded volume. An average race was around 20-30K. I found these markets to be quite appealing! There was also a some talk about greyhounds on WowApp and I feel this is a good time to start a little challenge again. I don't have any expectations or targets. I will simply trade whenever I feel I want to trade and let's see what will happen. So far, I am sort of learning these markets again because I didn't trade them for quite some time. My today's result: And some stats: My last race made this day negative but I don't care. I did soak up the markets and hopefully this will pay off in the next days, my strike rate is around 70% which is good. I only have to manage my positions better because in one race I did open bigger position than I should and I lost about £14 which is far above my average loss. I'm really curious how this will develop. Maybe more than you are, lol! Happy trading!
  11. Tomas

    Hi

    Depends on liquidity. On big events, I can use thousands, on small events, I can use anywhere between 50-500 or up to about 1K. It's important to use an amount which doesn't affect the market, as well as not using too much because it can be hard to exit if the market goes against you. Money management is crucial. Simply don't use more than you can afford to lose and protect your bank as much as you can.
  12. Tomas

    2019 March 30th Saturday

    @David, usually the more you trade, the more certainty you should get. But if you are not certain, it is much better to watch than to do some blind attempts.
  13. Tomas

    Interesting Betfair Graphs

    This one is from today. Quite an extreme, I didn't see the drop in the price so I don't know what happened there. Maybe some fat fingers? But I made a nice swing when it went back to the original price
  14. Tomas

    Hi

    Welcome to the community @Vee! I'm not a Mac user, I do use Windows and Linux but so far every time I tried to run Geeks Toy on Linux, it did't work for me. I'm not an advanced user of Linux so I may be doing something wrong, do you have any experience with Linux?
  15. Tomas

    Tommy and his early trading

    @Tommy, if you really want to go in-play, use just 2-5% of your bank as a maximum liability. If you take the same amount which you are using on pre-race markets, you are risking too much because of the volatility. 2-5% of your bank can't kill your bank like this. Your primary mission as a trader is to protect your bank
×