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Suggestions anyone?

The F1 trading is going well and I feel confident enough to start trading another sport/event. I have dabbled in some before but with mixed results and never really got going. It’s easy to think you could just start trading on any sport but I truly believe you have to learn and become experienced with each of them. My plan now is to find an event/market other than F1 which I can trade.

F1 is great for me but with only 18 races I spend allot of the year with nothing to do but research. This is not such a bad thing as I work full time (mon-fri, 9-5) and F1 alone takes up much of my spare time. So I’ve decided these are the criteria for the sport/market I need.

  • Ideally a sport televised in the UK/Sky
  • Preferably a sport I would enjoy following and watching (there’s no point if you don’t enjoy it!)
  • Has to have adequate liquidity. Doesn’t have to be massive but enough to get matched when needed.
  • The event is outside of work hours – evenings or weekends - and not on too late so that rules out most US sports.
  • It is tradable! Some sports/markets don’t lend themselves to trading

To help me decide has anyone got any suggestions? Don’t worry, I’m not after tips or trading strategies! I’m just interested to here what sports people are trading and the pros/cons for each. Feel free to leave a comment or e-mail: mail@flutterfly.co.uk

When I’ve decided on my selection I will use this blog to document my progress from complete newbie at trading a sport to (hopefully) successful trader.

4 Responses to “Suggestions anyone?”

  1. # Anonymous F1Punter

    Twenty20 Cup Cricket.

    - 100 games in just over 6 weeks.
    - Evening starts - usually 5.30pm-ish?
    - Televised.
    - Shorter format won't ruin your social life!
    - Format leads to volatility, good for trading.
    - Excellent liquidity on Cricket.
    - Loads of stats available.

    So I guess it depends on whether you like Cricket!  

  2. # Blogger STST

    Totally agree with f1punter. Was exactly what I was about to suggest. Barring cricket you could try tennis or my favourite Sunday night pastime, the NFL :) Will be a while before the season starts mind :(

    All the best

    Gareth  

  3. # Anonymous F1Punter

    Being a NYG fan, I am missing the NFL!  

  4. # Blogger John

    I have always wondered about cricket trading. To be honest it’s a sport I have never followed and I don’t even know the rules. The fact it’s an all day event always put me off but the Twenty20 could be interesting so I will have to look into it. Only problem is it’s another summer sport (which I guess most of them are) so I would still be ‘jobless’ during the winter.  

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I have managed to make consistent profits through a mix of traditional betting, trading on the exchanges and somewhat of an obsession for Formula One over the last 3 seasons. Will it continue in 2008 or have I just been lucky! Follow my blog as I look at the possibilities in each race and try to pick out the value bets. Feel free to comment on any posts (negative or positive!) or contact me by e-mail if you have any questions (mail@flutterfly.co.uk).





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