Mr Geek - A Mixed Message

I have been feeling rough over the last three days, so after the late football on Sunday which settled just after midnight I kept away from any trading until I caught some of last evenings Kempton racing. You really need to be 100% well and fully focused to trade the horses and I was very sluggish and wasn't in the zone. I only traded five races and managed to lose £67.06. It was straight forward pre-race trading with nothing going in play so at least I didn't lose my cool over the disappointment.

However, I made it up on the football thanks to a few minutes of the Mickey Mouse cup between Sheffield Wednesday and Chesterfield. I thought there would be early goals and used a strategy which I tested out in the Boca v Lanos game on Sunday night and paper traded two games on Tuesday.

It is called the EGG strategy with stands for Early Goals Gamble. You place a bet on over 2.5 goals and the key is whether goals are scored by the 15th minute. After this time if one or no goals are scored you then trade the correct score looking to reduce the immediate liability. I will share it with the Nugget Crew members once I am comfortable that the strategy consistently works but for now it's in test mode. It is not rocket science as the first 15 minutes instruction is to do nothing. The hard work on the CS starts in the 16th minute when the score is 0-0 but if one goal is scored during the 15th minute there is some ammunition to work with. Last nights game was 1-1 after a quarter of the first half and I just locked in the profit and there ended my football session. Obviously I was very pleased but the core of the strategy is what happens when it's 0-0. We all know that 0-0 is a football traders nightmare so I need to see more of the 0-0 after 15 minutes before I share the strategy. Naturally game selection is critical with a reasonable price for the overs essential but it is safe to say that EGG is strictly not recommended for Italian, French and Portuguese games.

I have a backlog of spreadsheets to email out so if you have been waiting for a week or so I will get to your request over the next couple of days.  I was asked by a fellow nugetteer to produce a  spreadsheet solely on football. I have produced it largely based on my overall trading spreadsheet but is split by strategy types so that it gives an instant overview of which strats are working and which do not yield the profits. I have added a mini diary tab so that records can be kept on what you actually did during each game. It's nothing fancy but if football trading is your main sport then it works! I am just waiting for feedback before making it generally available.

I logged into GT yesterday and was presented with a mixed message from Mr. Geek!. I hope he doesn't mind me putting up a link to his forum post but I am not sure of the message he is trying to convey so I will let you make your own mind up. Is it that he is just not posting on his forum? Or is he stopping the advancement of his product?   It was only a few days ago that he announced that the charting was in test and once that was issued he would concentrate on the stop loss facility. I am getting a mixed message! If anyone can add some clarity to the situation it would be appreciated.

If he is walking away, whilst I personally would be disappointed, no user should have cause for complaint for the free software that he has provided over the past year. My personal message to Mr Geek is that it is a shame if such a great product with a large and supportive customer base is not developed further. We have all had a very long and successful free trial and it's time that you, Mr Geek, made some money out if it and started charging us!