My first step towards becoming a consistent trader involved defining my edges. Most readers of this blog already know what an ‘edge’ is but for the non-traders: an edge is just a condition which indicates a higher probability of something occuring. When I see the condition I place my bet. Here are the results of my 4 defined edges so far which I have been testing during the T20 blast and CPL:

Edge	Num of matches	Returns
Edge 1	20	256%
Edge 2	10	-93%
Edge 3	2	-86%
Edge 4	2	-71%

So to be clear: £10 trades on Edge 2 would have resulted in a loss of £9.3 after 10 matches.

I will test each edge for 20 matches before deciding whether it is profitable. The good news is that Edge 1 seems promising. It is quite rudimentary at this stage and I have a few ideas on how to improve it. I am currently trading with only £2 bets but I will soon start increasing my bet amounts. The advantage of defining my edges and trading rigidly with them is that I am no longer stressed. I am able to take a loss just as easily as a win. You might argue that I have no right to be stressed when Im only staking £2! But you get the idea. Edges 2, 3 and 4 are not doing well yet but there is still a long way to go before I judge them

On another note, the CPL has taken a slight toll on me. I stay up trading late into the night, find it hard to sleep and then I dream about cricket in my sleep. While I enjoy cricket I certainly dont want to dream about it. So from next week, I will switch my focus to the West Indies v India test matches which are during far more reasonable hours.