Characteristics of a successful trader

Below is an excerpt from Investing and the Irrational Mind, where the author highlights a list of words that best characterize a successful trader/investor.

The following is a list of words generated in my work with hundreds of major fund manager as well as proprietary and independent traders. I asked them to write down the three words that best characterized “market wizards”, and the words that appeared most often were: confident, disciplined, analytical, self-reliant, motivated, competent, self-aware, optimistic, intuitive, strategic, patient, hard-working, high-achieving, energetic, objective, proactive, organized, goal-oriented, self-contained, knowledgeable, open-minded, determined, enjoys investing and risk-managing, focused, independent, ambitious, committed.

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Conclusions after the 2012 US Open

2012 US Open - tennis trading
From day one, up until the very end, this year’s edition of the US open, has been full of tennis trading opportunities.

In this post, I’ll try to go over some of the things that took place during this tournament and also look at how the two finals unfolded.
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Smarkets profit and Betfair alternatives

Smarkets profit on Dolgopolov v Levine

For most sports traders, Betfair is the only option for sports trading.

Obviously, that is not the case.
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Comebacks from two sets down

Cilic comeback from two sets downThe last grand slam of the year started yesterday.

As you probably already know, the four grand slams have a very important place in a tennis trader’s calendar.

One of the reasons I like trading grand slam matches, is that, beyond the importance they have, the matches are best of five sets (on the mens side).

This in itself raises opportunities.

And some of the trading opportunities that arise, are the comebacks from two sets down.

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The inner game

Andrea PirloWimbledon starts today. I’m looking forward to another two weeks of tennis trading on the grass, full of trading opportunities, similar to what we’ve seen in the pre-Wimbledon tournaments.

But this post is inspired by what took place last night at the EURO Cup when Italy overtook England at a penalty shootout. A victory that can largely be attributed to Pirlo. Why Pirlo?

Here’s why. [continue reading…]

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Marius Wender I'm Marius and I've been trading the sports markets on the betting exchanges (mainly betfair) since 2007. I concentrate most of my efforts on tennis and football, but I also spend some time on other markets like basketball, snooker and horse racing.I'm here to share my thoughts and experiences on sports trading.
Due to the lack of time I've stopped updating the blog back in 2012. Please use the contact form to get in touch.