15. 100 Day Challenge: Week 3 in Review

This week, I managed to make a cool $1099.42. Absolutely cannot complain about that result.

Of the three weeks so far, this has been my best in terms of overall performance. I felt consistency, found a rhythm, and started trading on gut feel—and I know that when I'm trading on instinct, I'm generally in a good space. The inherent danger here, though, is the temptation toward complacency, cockiness, or arrogance. That's a path I've ventured down far too many times before.

Overtrading - Have I finally tamed it?

The last fortnight, I heavily criticized myself for overtrading, noting the amount of unnecessary, "shitty" games I got involved with. This week, I finally found a way to rein it in.

I traded a total of 13 games. While that still sounds like a lot, this time, they were overwhelmingly quality markets, mainly driven by the WBBL kicking off. Crucially, only two of those were "junk" non-liquid NZ domestic games. Both of those games cost me a total of $409 this week.

This brings the cumulative cost of bad habits and poor game selection to a staggering $833 across the challenge so far.

I still struggle to internalise this simple fact: all the additional effort and stress I've taken on for low-quality markets has cost me hundreds of dollars and depleted my brainpower for the high-value games where it truly matters. Ah well, I suppose this documentation is the entire purpose of this blog to expose these flaws and chart a path to improvement.

Cricket Summary

All in all, cricket delivered a solid net profit of $593. Beyond the actual figure, the biggest takeaway is the consistency shown. It was about mitigating losses and keeping them minimal, while finding disciplined ways to maintain profit. The numbers this week aren't massive, but they demonstrate the consistency and discipline that are the main things I need to cultivate as a professional trader.

Another thought that struck me this week which is difficult to track is the amount of mental bandwidth I have after a workday. Some days are cruisy, while others are a slog. Despite this fluctuation, I rarely change the staking or the strategy I trade with. This is another area for improvement: adapting my risk and exposure based on my current mental capacity.

Rugby League Summary

The Rugby League trade was simple and successful. After watching last week's performance, I was bullish on New Zealand. I just needed the right price, and I found it. Despite being down at half-time, I was quietly confident that NZ would stick to their game plan of executing sets and playing the game down the other end. They executed perfectly and ran away with the result.

That trade signifies the last Rugby League I'll bet or trade until the next season. Now the wait until March 1 2026.

Final Thoughts

In summary, it's been a great week. That being said, the fact that two low-quality games wiped out 40% of my profits shows there is so much room for improvement in market selection and discipline. The path is clear.

Let's see what this next week holds in store.