Finally back at work following a lot of summer vacation, ready to work through the crisis that is currently infecting my business as a golf trader.
Just a short status from the home office, in what hopefully is day one of a new era in my sportstrading life.
As mentioned before, I am not quite sure what is going on with the golf markets. I am leaning more and more towards that this is the sort of development the markets go through as liquidity increases and people get sharper with their money.
The early golden trader stories from the 90’s and early 00’s are long gone, and as the golfing markets these days slowly have grown more popular and more of the stronger traders has seen the potential, the game has gotten harder.
It’s only natural, I guess. But what the hell am I going to do?
I need to adapt, I guess. Spread out over more (a little less effective) golf markets and maybe work a bit more with set strategies instead of just searching for value in everything with a pulse.
I have also previously been shouting about the increasing opportunities in other markets than the winners market on the two big tours. Three weeks ago I made 500 € on a tournament on the ladies LPGA, and with the Asian Tour and Champions tour also gaining more attention, maybe that is the way to go.
My purchase of a total set of football trading strategies earlier this year also seems to fit well into the grand scheme, and over the summer I have been testing a lot on the football markets. Going quite well actually, so I am not totally out of options.
I don’s really want to work (you know, a real job ?) more than I have to, so I will be giving it my all to break the trend and get the trading business growing again.
That’s it for now. This week the PGA Tour has reached the Tour Championship, and the Scandinavian Invitation on the European also brings opportunities, and I will be looking for a valuable free tip to share with you before the off.
Hope you have a great week!
Jesper/The Trading Dane