Profit question

[Menschik]

Hi guys,

I just started trading a week ago. I had a look at all those different videos and articles and stuff and stuff.

I've got a question though. I am currently in profit when trading tennis. Obviously I use smallest stakes for the moment, because I am still not confident enough to go higher.

Everytime I trade a tennis match I end up in 5-10% profit at the end. Is this a reasonable figure or should I expect it to go a lot higher? As I said, it is still a profit, but I don't know whether it is a good profit.

Regards
Menschik

[oddstrader]

most profitable traders would make less than 1% on turnover most likely less than 0.5% tbh, so your doing ok.

[xpaul]

most profitable traders would make less than 1% on turnover most likely less than 0.5% tbh, so your doing ok.

How you define turnover? If you back and lay for let's say 10 000 is turnover 10 000 or 20 000?

Paul

[Menschik]

Thank you for your swift answer! That is what I wanted to hear really. It gives me more confidence.

I did not know whether I am doing ok or not really. So thank you again.

Regards
Menschik

[Menschik]

A better day today. Traded 2 matches. First was the match between Istomin and Russell. I ended up in 30% profit and the second one between Starace and Dolgopolov. I came into the market quite late, in the middle of the second set. The strategy I used was Lay the receiving player, when the favourite is serving, then back him after for a profit. Worked like a charm, with 10% profit after 1 trade.