It's been a disappointing weekend. In order to trade successfully, you need a clear head with no pressure. Unfortunately, the reason why I've been failing is I don't have the mindset I had last year. This time last year with Roland Garros approaching I had over £4k in my account which I managed to build from £500 in February 2010. Back then I did not owe anyone money and there was no added pressure of knowing that if I had a bad few days, it would not have that much of an impact.
With regards to this week, and to cut a long story short, on Thursday I had a £150 starting bank, and by the time the Super Rugby match between the Melbourne Rebels and the Highlanders had finished on Saturday morning, I built it up to £800+ again. Fast forward 7 hours and I was back down to the £150 mark again - due to losing on a market I usually do so well at. Frustrating. Frame betting on the Snooker this year has been difficult. The trick with frame betting is to look at when it appears unlikely that 'player b' will go onto win the frame. This could be because one of the key balls is on the side cushion making it difficult for him to clear up. This year, I've found top class players such as the likes of Ding Junhui and John Higgins are losing frames from near unlosable positions - when the table is in their favour and unlikely their opponent will go on to win the frame. Just through carelessness. This is only one of the differences I've found compared to previous years. A bit like the Darts, someone out there is beating the Betfair clock by a good few seconds.
Despite it being a difficult week, I've had the odd laugh or two - John Higgins having Betfred (the sponsor of the tournament) on his waistcoat. He must be laughing as well in private because it's the last thing he needed emblazoned on his waistcoat after the so called match fixing/betting scandal he was involved in recently.
Overall, we're almost at May and I've still not had any real improvement this year. I'm worse off than where I was in January. There's no point lying about things, it's not a good position. However, I'm confident things will improve significantly, so let's see what happens in the coming months.
3 hours ago