Normality
P&L this week: +€226.63
Current P&L Total: €74,704.98
Well, no computer problems since I got it back on Wednesday and nice to get back into the weekly routine. Were just back from a nice day at Naas, some cracking racing there – Annie Power was very impressive and Mikael D’Haguenet made yet another race ending mistake, I wish they’d just stick to hurdles with him at this stage – OK he can win chases but he obviously has serious problems jumping fences and is a high quality horse, he can win plenty of decent hurdle races in Ireland.
But anyway, only one cricket market since Wednesday with the Saffer v Pak 2nd Test finishing – I only had one trade in it, I jumped on Saffers at 1.5 yesterday but literally two balls after Philander caught his knee in the ground fielding and looked to be injured (went off the field) so I got out of that trade quickly at a loss of a few ticks – then of course Saffers went on to win easily, but sure nothing lost, nothing gained. It happens.
I’ve been focusing on the India v Aus 1st Test, although I must admit to doing it half-arsed not getting up at 4AM – I cant because of other commitments so I’ve just been doing the two later sessions when I can, my book has naturally suffered because of this but I have this with two days left anyway:
Its been really difficult to trade for some reason, although if I had kept my positions I’d be doing much better – I backed Aus at 3 only for them to trade near evens, but I laid off too early because I thought the draw would come in – and I backed India at 3.1 and again laid off too early (as you can see theyre 1.53 now) because I really felt the draw would come in, but it hasnt at all, I havent traded a more anti-draw market in India for ages – its been odd! Maybe the market is getting more efficient as time goes on, I’m used to trading a market with tonnes of draw love anyway and usually I take a big stand against it at at least one stage during a Test, but there hasnt even been an opportunity to do that. But sure we’ll see what happens tomorrow – if Aus start their innings well I would expect the draw to drop like a stone, but we’ll see if that actually happens, I suppose the market believes Aus “cant play spin” or indeed just dont play spin very well, I’d somewhat agree with that so that leaves me in an awkward position – I think the draw is high but have little confidence in Aus to bat it out.
