Answers from the sports guru himself

Today, John answers your questions about sports investing...

From the desk of our head trader and sports guru, John Todora

Hey there guys, I have been getting a ton of questions lately and I thought it would be a good idea to dive into some of those for one of this week's newsletters. Let's get started on this week's mailbag. Hopefully, it answers some of the questions you have already.

Question 1

"Hey John. I heard you speak recently and was wondering something. You said you only trade three sports markets right now, can you explain why? I think there are a lot of other markets that you could use your systems with." -Wayne

Hello Wayne. Thanks for writing in. Firstly, it is true that we only trade three markets right now; baseball, football and basketball. The reason we only trade these three is because they are popular and therefore encourage a high volume of currency and action which, in turn, gives our system analysts time to study public money and use it to our advantage in certain situations. Nothing makes our engines purr like dumb money being pushed in different directions. We get to be pros in a room full of amateurs trying to cash in on a hunch. Blind luck can never beat back-tested analytical research and hard work. We also trade these three markets because we wanted to rake in profits all year long and not just for a season or two while having to sit out all the other action. This triangle of systems keeps our ROI's growing all year long. After studying the market scene (Forex) a bit, I decided that I wanted to develop a money-making system that would be based on mathematical probabilities and a precise and powerful prediction model. I wanted to "trade" in the sports niche just like you can trade currencies in the Forex market. I already knew that the sports markets were a HUGE industry and I keep watching it grow with the legalization spreading nationwide! There are literally billions of dollars floating around out there waiting for someone... and with a mathematical approach, we get the edge needed to not only pioneer new markets, but to profit in ways no one ever thought of before.

Question 2

"I can't sit and watch a game without being emotional, yet you preach a "non emotional" approach. How the heck do you do that?" - Lawan

Well this one is easy. I don't. When I watch a game with one of my favorite teams, I scream and yell at the TV just like you do. Maybe worse, because I see the game in patterns and nothing frustrates me more than watching my favorite team do dumb stuff, when I think the right thing is so obvious. But I think you are looking at this the wrong way. I may get upset or emotional when I watch my favorite team, or if something happens in my life that deserves that type of response, but trading in the sports market, or any other market, is just business, and I never get emotional about business. Being emotional is the quickest way to make bad decisions and make a small loss into a big one. I do the research, I invest my money and then, I detach emotion from it and I preach this endlessly to all my readers. The ScoreMetrics methodology is basically a robot or a "code" so to speak. It has no favorite players and it doesn't care who the teams are. It's an ice cold money making machine that tracks performance through back-tested analytics and gives me a high probability to make money, and it most definitely gives me an edge over other investors. People who gamble in the markets tend to have favorites, even if they don't admit it, which makes their choices extremely emotional. I believe that emotional decisions are kryptonite to an investor. I know this much to be true; without 100% objectivity, you can never be as accurate as a proven prediction model. So, the best advice I can give someone who is too emotional about their investments is to take a step back, make sure you are investing a portion of your wealth that you can afford to lose, and then stop before you make every decision. Think. "Am I deciding this with my head or my heart?" That honest conversation with yourself could save you a lot of money.

As always, I welcome questions about Sports Investing or any other topic, so feel free to write to me any time at john@sportstradingsystems.com And remember, you can't be part of the 1% if you think like the other 99%. Have a productive and creative day.

John Todora Head Trader and Creator of the ScoreMetrics method Sports Trading Systems john@sportstradingsystems.com (412) 509-3055 - Work sportstradingsystems.com

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