Thursday, 13 September 2012

Trading is easy...

...when the favourite goes behind. It is probably one of the oldest and most simple techniques in trading, but it has been working out for me, and I'm sure quite a few others too, in the opening weeks. I mentioned before the start of the season that I expected goals and shaky defences to be a theme of the coming season and it hasn't disappointed yet. The Champions have recorded wins of 3-2 and 3-1, along with a 2-2 draw and a 3-2 in the Community Shield, while their neighbours have followed suit with two 3-2 wins in a row. As I said before, the mid table teams have strengthened well and the big teams are going to struggle to win every match, particularly away from home. For now trading the overs looks the way to go.

My trading has been slow but steady in the opening weeks. I haven't had a wealth of time and the size of my bank (£50) has restricted me to small stakes. I also like to assess the new season and get a feel for each team before I go charging in anyway, so it has been working just fine for me. So far I have taken a small but positive £19.61 profit. Bank building is one of the things I am best at, in my humble opinion, so taking small but steady profits is something I quite like to do. I am going back to university next weekend, and that is normally where my proper trading takes hold, so I look forward to that. This weekend my opportunities will be limited as I am off to Old Trafford on Saturday.

For now though just sit back and relax, and thank the Lord that the international bore-fest is over.

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