Well, having enjoyed Total Football Trading in the lovely Cypriot spring, I thought I’d pick it up again during the dismal English summer!
Big football tournaments have a habit of suddenly taking over your life, then disappearing again almost as quickly, leaving you to wonder what it was you used to do in the evenings before it all began. For Euro2012 is almost over already, with only six of the thirty-one games remaining (three quarter-finals, two semis, and of course the final itself). However, the good news is that they would all appear to be susceptible to a pre-match trading technique in TFT called the Paper Chaser Method.
If Paper Chaser isn’t appropriate, I will switch to one of the other methods, as I plan to trade all six games, and report the results here. However, I have taken a bit of a shine to pre-match football trading, as it really is so simple, and of course it can’t be spoiled by a sudden market suspension (which is a technical term we betting types use to mean “a goal”). :-)
I will work with stakes of £400, which may make you think I’m either crazy or rich, or indeed maybe both. However the latter is definitely not the case, and the former really only a matter of opinion that you will have to take up with my various ex-es.
In practice, I will employ stop losses to reduce my liability to far less than this figure. And I am sure there will be little need to worry as highly liquid pre-match markets, such as tonight’s Germany v Greece match, move at glacial speed.
Here’s hoping Total Football Trading can deliver some more winnings to keep my mind off the English rain.
Oh to be back in Cyprus!