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  What Biz Opp?

My island hopping adventures

publication date: Jul 28, 2006
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Hello,
 
Sunday sees the Jersey Races and I'm still
thinking of getting the boat over to my sister
island - a day at the races - doesn't happen that
often in this neck of the woods so I'm
thoroughly looking forward to it. I hope Keiren
Fallon makes an appearance at LesLandes race
course. Even if he doesn't, it'll still be a great
Sunday out in my sister isle. I wonder if, as
happened in Guernsey, the bookmaker will be
putting up the majority of horses in the field?
Hmmmm!
 
SYSTEMS
 
I'm trying out a number of - specifically - horse
racing systems to back and lay, and there is one
backing system which looks a cracking lay
system! It deals with looking for each way
selections but really isn't picking any winners at
all, and a lot of the horses are unplaced, which
could lead me down the laying the place route.
It's only been a week, and no doubt there'll be 4
20/1 winners today to throw a spanner in the
works. It is by working with a number of
different systems, and putting them together in a
spread sheet, that I hope to be able to say, for
example, that when system x and system y are
in agreement, the selection tends to win a higher
percentage of the time.
 
 
ROONEY'S GIRLFRIEND DOES IT - SO
WHY CAN'T I?
 
Yes, we're coming up to another month, and
another shopping spree, - I already have a list of
things to buy, but if you have any ideas, or
wants, then please email me with them. After
all, this newsletter's for you, and it's what you
want that counts.
 
In the meantime, I must thank those readers for
their correspondence especially regarding
staking plans, which can make or break a bank
(in the case of the Martingale - quite literally
with Monte Carlo!). If there are, though,
afficionados of Texas Holdem, please get in
contact. I'd like to use some testers who are
more grounded in Texas Holdem than I, so
please get in touch at the usual address. I'll be
dedicating a couple of full days to greyhound
racing, the equivalent of Kryptonite to
Superman, and hope to put a few systems,
especially the Fibonacci one(!) through its paces
- you never know eh? But, like I've said before,
the fact that the market is not flooded with
greyhound systems is indicative of the difficulty
we face!
 
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FOREX
 
For those of you who asked for the articles on
Forex, I draw your attention to the £350 a day -
it seems to do the business, although the graph
is a little too cluttered with indicators for my
liking . I am however, interested in the strategy
they put forward for 1 minute trading - yes, by
its very nature it's going to be volatile, but with
that volatility will come opportunities to profit
quickly. As long as good money management is
kept in check, this could be an interesting
method of 'speeding up' the process. I'll keep
you informed!
 
Below are a couple of links to free resources on
the internet. If you look beyond the sales pitches
for the products, you can find some useful tips
on technical analysis.  
 
their free course. It serves as a great
introduction to the world of Frex
/OTguidedtour.asp - gives you an insight into
what to look for with trading - a basic
introduction, but it's free!.
 
I do have the Omnitrader 2004 version, and it's
not cheap, but it is effective, and is fully
programmable with your own strategies if you
so chose. 
 
Do a google yourself, so to speak, and you'll
find that Forex trading really comes down to a
finite number of pointers which are
 
***Support and resistance lines as indicators of
possible price movement
 
***trading the trend
 
***candlestick charts
 
***moving averages as trend indicators.
 
It really is as simple as thick, (taking away the
fundamental analysis tools) and, as I've said
before, an area which has been brought out of
the Institutions and into the living rooms of the
everyday man.
 
FOOTBALL'S NEARLY HERE
 
I can't wait for it. Have you decided on your
strategy for the upcoming season.? Permutations
perhaps? Trading perhaps? As ever, I'll be using
the excellent Sports Statistician, more so a
month or 2 after the season is in full swing, to
enable me to really identify the matches which
work best for the trades I want to place. And at
only £337 for the first year, it's a resource I'm
wiling to shell out for. As I mentioned last
week, I'll be reviewing the systems I have
regarding football, as well as testing out some of
the systems on the market , in the hope there's
an identifiable winner there. It looks as though
Chelski are the team to beat again (you don't say
- Ed) and I'll be backing them in the outright
market to win the premiership, with one eye on
trading . The teams who have come up from the
Championship may be in for a torrid time, and
could be worth a punt to be relegated, AGAIN
with an eye to trading, should they lose a
number of their opening matches. The Sports
Statistician also helps identify trends in the
lower leagues which is a real boon. If you want
a free resource though, http://www.betdevil.com
is excellent.
 
I'm keen to start looking at spread betting as it
relates to football, as I feel I'm being a bit
myopic just focussing on the betting exchanges,
and I noticed, with the wealth of bookings
during the World Cup, that a killing could have
bee made on the bookings market.
 
COMPOUNDING
 
My compounding blog will begin on 1st August
be updated with a progress report on a daily
basis. I hope it will show that we don't need to
go for the lumpy wins all in one go, but we can
use the power of compounding to make daily
gains which should, relative to the betting bank,
be easily achievable. I'll be concentrating on 2%
per day, so tune it - it should be a good learning
experience.
 
As mentioned above, take a look at
my opinions on the day's racing, from my
perspective using the betting forecast, and enjoy
the sunshine!
 
Until next time,
 
Clive
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