BBC Sport | Football | World Edition

Thursday, 24 May 2012

...of elaborate plans, of everything that stands...

...this is the end.

Today is my last post as a professional Sports Trader.

Recently, I have had cause to question this vocation. I'm good at it, not great but good. I understand it and I certainly have the skills, mindset and ability to be continuously successful at it yet, when asking myself if I would be happy to be doing this in ten or twenty years time, I was unable to answer in the positive. This then led to the fear of procrastination, finding myself in a decade or two still trading and wishing I hadn't been and, rather profoundly, a fear of not contributing. So, I'm left asking what would I want to be doing? Right now, the answer is, I don't know. But my next endeavour will be to find out, and that, as it always has done, is the bit that excites me the most. Trading will still be something I enjoy but, predominantly, it will be in addition to watching a sporting event rather than the over-riding interest.

During this interim, transitional period, it's my intention to write an e-book on Sports Trading. There are many strategies and systems punted around but there is very little available to help the novice trader and, as this blog has always tried to do, I'd like the book to stop anyone falling into the same pitfalls as I did.

It's been a fantastic ride these last three years. I've met some great people, great characters and good friends. I would never put anyone off Sports Trading for a living, it has a great many rewards.
Thanks to any/everyone for taking the time to read my random blithering and for the interactions too.

Remember, whatever you want to achieve - Defeat is temporary, giving up is permanent.

Stay green.

Wednesday, 2 May 2012

...treat those two impostors the same...

For many years I have been playing a regular card game down in Fulham. It's actually not that regular anymore as we have all grown up and have children and responsibilities etc. Whenever this game takes place I have an opportunity to get together with a very good friend, for a few beers, before the game. Now, this particular friend happens to be the cleverest person I know. Which makes him very funny and witty, slightly obnoxious at times but more than forgive-ably so. He is also enormously intuitive and, literally every time we meet, gives me something new to think about, more often than not to do with trading.
I was voicing, not for the first time, just how lucky I am to be able to trade for a living and what the benefits of such a vocation are and how the idea of, once more, being an automaton within industry would turn me to stone. A specific point was, even though I am already doing very well, there is a significant chance that my skills and earning potential would/could increase greatly over time. Here is where the left field, sling shot came in -

Him "Correct me if I'm wrong, but isn't the ideal scenario one where you treat both wins and losses the same? That you have no emotional response to either? Based on your edge ensuring the number and size of wins out-weighs the number and size of losses?"

Me "Urr, Yeh."

Him "Hmm. Where, then, is the fun in that? If you have no emotional response to the results of your continuous, in-numerous, daily actions are you not set to become an automaton?"

The twat beat me at Scrabble as well.

Stay green.