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Matt's Emigration
Cricket     Showing 1 - 2 of 2 markets
Market     Start time     Settled date     Profit/loss (£)
Cricket / Chennai v New South Wales : Match Odds     04-Oct-11 15:30     04-Oct-11 18:30     739.72
Cricket / Cape Cobras v Trinidad + Tobago : Match Odds     04-Oct-11 11:30     04-Oct-11 14:38     -1,864.51




I thought I'd document yesterday's events, as much for me as for anyone else.


Yesterday taught me a lesson that I hope to never forget and to learn an incredible amount from...


I leave for Tenerife on Tuesday and for some reason i'd got it into my head that I wanted a certain amount of money in a certain account before I left. (The figures don't matter but just for clarity I had just short of 8k and wanted to leave with 10)

That meant I set myself a target of earning 2k this week and putting it all into this account that i'd use as a float for anything I required to sort me out over there. Obviously this theory is flawed.

So I got it into my head that I needed to make 500 quid per game over the 2 games yesterday and the 2 games today. So instead of closing a perfectly reasonable book at around the 260 green mark, I left it to run.


I can come up with any number of excuses and blame any number of things: The final ball of Steyn's over (when t&t needed 15 off 7) going for 6 for example. The fact of the matter is that I was solely to blame. I've been around long enough and traded enough t20 games to know that u just don't do what I did. If I wasn't leaving or if it was in 3 or 4 weeks I never would have done it.


The most annoying part to this whole saga is that 6, 7 or 8 thousand is more than enough to go over there and see if I can live.


The second match may look like a chase, but I traded it brilliantly. I don't know why exactly, but I seem to focus more after a sizeable loss. I must have 'bouncebackability' Laugh The odds on NSW were far too big for a long time, but I was hardly ever overly exposed and I was really pleased with my performance.


However that doesn't take away from the fact that I was stubborn and stupid in the first game and in my overall strategy for the week. That theory is hopefully consigned to history, never to be repeated.

It's important to have targets and goals in life, but putting a target like that in place just caused me to act like a casual gambler and not like this is my job... lesson learnt (I hope)



"Being busy does not always mean real work. The object of all work is production or accomplishment and to either of these ends there must be forethought, system, planning, intelligence, and honest purpose, as well as perspiration. Seeming to do is not doing."
  Thomas Edison



Matt
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