Author: Davide Renna

Your Key to Long-Term Success in Sports Trading: The Decompression Routine Sports trading is all about numbers, combined with a mental and emotional challenge that requires constant balance between focus, resilience, and stress management. As a sports trader, I often found myself dealing with the weight of an intense session, especially when results didn’t meet expectations. A recent experience made me reflect on the importance of a decompression routine and how it can make the difference between a clear mind and imminent burnout. The Importance of Decompression Every trading session is an adrenaline rush. When the market moves against you…

Discover how your gut instincts can give you a competitive edge in sports trading In the world of Sports Trading, success often hinges on a delicate balance between rational analysis and intuition. But what happens when your body sends you signals that seem to anticipate the right decisions? Could it be that your “second brain” is communicating with you? The “Second Brain”: A Fascinating Discovery The term “second brain” refers to the enteric nervous system, a complex network of neurons located in the gut. This system is closely connected to the brain via the vagus nerve and plays a crucial…

Sports trading is a fascinating yet often misunderstood field, surrounded by numerous myths. These misconceptions can discourage potential newcomers from exploring its opportunities and discovering the potential it offers. Based on my personal and professional experience, I have frequently attempted to debunk some of these myths. Therefore, I have decided to put them in writing and explore some of the most common myths about sports trading, offering a realistic perspective on this profession. All the Myths About Sports Trading Myth 1: Sports Trading is the Same as Sports Betting One of the most persistent myths is that sports trading is…

Loss aversion is the type of fear that most significantly influences the daily decisions of a Sports Trader. This phenomenon has been known for a long time, theorized in 1979 by Nobel laureate Daniel Kahneman and Amos Tversky, a psychology professor at Stanford.In an article titled “Prospect Theory: An Analysis of Decision under Risk,” it is explained how the impact of a loss has a greater emotional weight on the player compared to the emotion of a win. This feeling is quite common for those who, for their profession, make a multitude of decisions: an error or a wrong decision…

Habits are the beating heart of our daily lives, determining our success, productivity, and even our happiness. This concept is especially true in the world of trading, where quick, well-informed decisions can make the difference between a profitable day and a disastrous one. But how can we create winning habits both in trading and in life? Let’s explore some fundamental principles and practical strategies that can help us develop effective and lasting routines. Understanding the Power of Habits Habits are repetitive behaviors that occur almost automatically, at least once they are ingrained within a routine. According to Charles Duhigg, Pulitzer…

Did you ever think about how being a Trader is linked to having confidence in yourself? Throughout my Sports Trading career, I didn’t pay much attention to this aspect until I realised that strong self-confidence had a huge impact on my performance. What is self-confidence? Self-confidence, for me, is the trust in my ability to learn, take a lesson from my mistakes, correct them, and achieve the goal I’ve set for myself.As I wrote in the article “It All Starts with Your Beliefs”, I noticed how often my performance was somehow conditioned by self-limiting beliefs until the moment I discovered…

A trader’s activity is a constant struggle with oneself. Viewed from another perspective, a continuous challenge to better understand oneself, to surpass one’s limits, and thus to grow personally. So, after 23 years in this field, 9 of which as a professional, I finally managed to understand and put a name to a significant problem that was limiting my performance: FOMO. What is FOMO “FOMO” is an acronym that stands for “Fear Of Missing Out.” It refers to the feeling of anxiety or concern when one thinks that others may be enjoying experiences or opportunities that they themselves are missing…

I came across a topic that isn’t often discussed, but I find it very interesting: visualization or mental image. It’s a practice used by many people, supported by solid scientific foundations, and is essentially a form of mental training, a technique employed in various fields. When you vividly imagine a goal, your brain activates the same areas that would be involved if you were actually performing the action. This phenomenon, also part of neuroplasticity, allows the brain to adapt and create new neural connections, making real success more likely. In practice, visualizing success prepares your mind and body to recognize…

Synchronicity in Sports Trading: A Reflection on Events that Can Affect a Trader’s Decision-Making Power

Discover how the WADM (Weighted Average Decision Matrix) can improve decision-making in Sports Trading. Learn practical steps, avoid common biases, and enhance your trading mindset for better outcomes.