This weekend I am releasing a Test Match special edition
of the Trade on Sports newsletter. The 300 page document contains the
scorecards betting charts and analysis of 34 test matches played in various
contents over the past 2/3 years.
I really like trading test match cricket as it suits my
trading style. I am one of these people who tends not to follow every ball of
the match and I generally like to get involved in the following 3 passages of
play.
1. At
the Innings break.
2. At
the start or end of a days play.
3. When
a price hits a resistance point
I also like getting involved in the final innings of a
game especially if the batting side are fighting to stay in the game. I find if
you are not too greedy and set yourself realistic targets and price movements
there are plenty of excellent low risk trading opportunities to be found.
Also I like to use Bet Angel when trading test match
cricket because it allows me to set a trailing stop loss and this I find
invaluable especially if a trade has moved in your general direction as at
times you can profit by far more than you had initial set your target for.
The idea of bringing the data and price movement together
in one document is that it keeps all of the matches together and it should then
be easier to find a match where there has been a similar scenario in place as
to the game taking place currently.
Then through looking at the charts you can then see where
the price movements went after certain passages of play which in turn gives you
the confidence to set up your trade knowing where your entry and exit points
should be.
Trading test match cricket is more of a black art really
and because conditions can be very different from game to game it is extremely
difficult to come up with some exact strategies and although this document does
not come up with any set strategies it does highlight some key price points
that have proven to be successful trading points during a certain time in the
match.
Also you will see during my trading notes that when certain trades did not go my way my losses where
well contained and if you are disciplined trading test match cricket can be a
very useful addition to your trading armoury.
If you would like to receive this months Test match
Special newsletter please go to http://petenordsted.com/newsletter
for details on how to purchase it.