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I Could Give a FOREX

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I finally managed to find a relatively quiet day to write a blog post! It's the calm before the storm this week, with just a couple of lower tier WTA events taking place, so I've got a bit of time to reflect before the two biggest events outside of the Grand Slams (Indian Wells and Miami) begin. They are followed by the start of the clay court season and a run up to Roland Garros, swiftly followed by a newly extended grass-court swing (as new ATP and WTA events come to my home town of Nottingham, woo-hoo!), just before Wimbledon. So I'm very excited about the next few months of trading as this is the meat of the tennis calendar but also still possibly the last trading I will ever do. I'm still mulling over my options and one of them includes what will be for me, a second look at financial trading.

I did take my first baby steps onto the financial markets a couple of years ago. I'm sure like most sports traders, it's just a natural curiosity to see whether we can apply what we've learnt on the betting exchanges, to the limitless pot of money sloshing around there. At the time, I wasn't yet successful as a sports trader and so didn't really have enough of the fully-formed trading skills which I have now; the ability to remain focused for long periods, discipline, patience, money management etc. Now that I am strong in those departments, I have started to wonder if maybe I could give it another shot.

My main issue back then, was that I found it all a bit dull. It was a bit too "suit n tie" for my liking, especially when compared to the fun and drama of tennis. But there is plenty to choose from in terms of markets you can specialise in and I felt that perhaps I just needed to delve deeper and find something that genuinely interested me. In recent years, I have found  myself becoming much more interested in politics and whilst I rarely paid any attention to the news when I was younger, these days I am an avid watcher of 24 hour news channels and find it fascinating to catch up regularly on world news developments. This includes financial, political and business news and I've started to see more the links between them and how that could be used to make the required analysis to trade the markets. A video I posted a link to a few months back "Million Dollar Traders" also piqued my interest and made me think that perhaps I could be successful in this area.


 Caroline Wozniacki

Currency pairings on the FOREX markets are something I'm finding particularly interesting. It has the added advantage of being a popular, highly liquid market which can be traded at all hours, with very few obstacles to entry - and of course, no one is going to greedily snaffle 50% of your earnings! It's also a new challenge and that is something I sorely miss with my tennis trading. That excitement of starting a new day and learning something new; the optimism that you feel at the start of a new adventure. That is something I would love to feel again.

I do have other irons in the fire, the potential to move away from trading, but nothing at the moment which allows me the freedom that trading does. So foreign exchange trading is a very tempting proposition right now. It actually could be quite interesting, to see just how easy it is to translate sports trading skills into the financial markets and who knows, maybe something that would be good to blog about. I'll be looking into it this week, before the tennis hurricane hits!

I just want to finish with some news about my Tennis Trading Guide. When I first put it on sale 6 months ago, I always had in mind an amount that I was willing to sell. It was always my intention to stop selling as soon as this figure was hit and I am now approaching that figure. I never planned to sell large amounts, just a small number to a select few so that it has some exclusivity and value as a product and that is something I still feel strongly about. So I will allow only 10 more people to buy access to the guide. Once those 10 are gone, I will take it off sale. You can check to see how many are remaining by clicking on the "Sultan Tennis Trading Guide" tab. I will update the message on there every time a sale is made, so you will see the amount left. Last chance to jump on board folks!


Australians Couldn't Give a FOREX

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