Sonic

October 15th, 2007

sonic burgers
First bought it at 24.72 but it had it’s stop order triggered 24.53. Feeling confident in it and unhappy about the loss I got in again at 24.65 and sold at 25.00

Overall I didn’t gain any or loose anything because of cost per couple trades.

Entry Filed under: Trades

3 Comments Add your own

  • 1. AlfaMike  |  October 16th, 2007 at 7:56 am

    Hi Thomas. I think you’ve got a slick site, nice design.

    I’ve also dabbled in the parlays, by the way, and found that it’s better if there’s not too much overlap, like you said in your post below. That meant I needed more picks and had to go beyond NFL and do college as well, which really isn’t too different; there are more upsets, so you take the points and the underdog more often, I’ve found. You give up some information but you can do more parlays with less overlap, so it’s worth it in my opinion.

    I also only do 6 way parlays now, since 10 ways are so hard to hit.

    I’ve added your site to my blogroll. Good luck trading today!

    AlfaMike

    http://contrarycanary.blogspot.com/

  • 2. K  |  October 16th, 2007 at 4:41 pm

    From a previous post:

    “Example is if your throwing darts and you have a 1 in 10 odd of hitting the center, you will hit the center within 10 tries. But the odds you’ll hit it within the first 9 tries is 90%.”

    You’re reasoning is wrong here. The chances you’ll hit within the first 9 tries is not even close to 90%…it’s around 61%.

    Just helping you clear up the math so you can make more money.

    K

  • 3. Thomas Czaszynski  |  October 16th, 2007 at 8:33 pm

    Hey

    Thanks a lot for the comment. I don’t understand why though its 61% and how you got to that number, could you please clarify.

    Thanks
    Thomas

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