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December 3, 2008
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Saturday, March 29, 2008Trade strategy: Getting to know your opponentPosted by Derek Carty at 12:01amThe season is here! The Red Sox and A's have played their first games and Opening Day in the States is nearly here. Your draft prep is complete, draft day has passed, and it's time to relax, right? Well, no. You have your team and the games are set to begin, but now it's time to begin thinking about trading. Even if you don't make your first trade until July... even if you don't make your first trade until the day of the deadline (highly discouraged as that approach may be)... now is the time to begin laying the foundation. If you know the enemy and know yourself you need not fear the results of a hundred battles. You'll often read articles about fantasy baseball strategy that talk about "knowing your opponent." Many times, though, there isn't much elaboration on this point. Typically, the advice ends there. Because of this, I thought I'd expand upon this vital concept in the context of trading. I see the trading process as having four layers. The deeper you go, the more effort you have to put in. The deeper you go, however, the more successful you will be. (Quick note: I will use a lot of masculine pronouns for simplicity's sake. I realize that plenty of females play fantasy baseball, so please don't take this is a slight.) No. 1—The "me" layer
No. 2—The "him" evaluation layer
No. 3—The "him" psychological layer
No. 4—The "him" danger layer
Knowing yourselfLet's revisit the Sun Tzu quote at the beginning of this article: "If you know the enemy and know yourself you need not fear the results of a hundred battles." We just talked about knowing your opponent in great detail, but also of vital importance is knowing yourself. It can be good practice to run through these questions with yourself as the subject. Really get to know what drives you in the game of fantasy baseball, in negotiations, and psychologically. You might find you unearth some unintentional tendencies you have that your opponents can exploit. Once you find them, you will know to conceal them. Think about this in terms of poker. There are two key elements to a good poker player. One is math, odds and probabilities. The other is reading your opponents' tells and concealing your own. If you've ever seen the movie Rounders with Matt Damon, Edward Norton and John Malkovich, you'll recall that Malkovich's character, Teddy KGB, had a very distinguishable tell. He had a box of Oreos, and he would crack one open and hold it up to his ear. When he ate the Oreo, he had a good hand. When he didn't eat the Oreo, he was bluffing. Matt Damon's character was able to figure this out and use it against him. Had Teddy KGB analyzed himself, he would have recognized this tell and could have stopped it. Obviously tells at a real poker table aren't this obvious, and tells in trade negotiations are probably less so, but it doesn't necessarily have to be a mannerism. If you can read people in this way, fantastic. If not, simply collecting information and running a careful analysis of it can be enough. This includes running an analysis of yourself and hiding any exploitable tendencies you have. Achieving successTo be successful, you need to look at the institution of trading as a war. You need to look at every competitor as an enemy. You need to look at every conversation you have with another owner—even those where the discussion isn't baseball related—as a means of gathering intelligence. You need to look at every negotiation you have as a battle. You then need to consider that the best generals in war, the best strategists, are the ones that are flexible. If you can adapt to your various opponents' strengths and weaknesses, you will be better able to overcome him. I've talked about Miyamoto Musashi once before, and he makes for an excellent subject once again. Musashi and his enemiesMusashi was a young Japanese swordsman. He had previously fought two duels with members of the Yoshioka family. At each duel, he showed up late to anger his opponent. He defeated each. When a third member of the family challenged him to a duel, Musashi used this intelligence to adapt to the situation, creating an innovative strategy. Instead of showing up late, he came very early. He waited in a tree for his opponent to arrive. His opponent, angered with Musashi's previous disrespectful actions, brought along a small army. As Musashi was nowhere to be seen, his enemy assumed that he would arrive late, as he did at his previous two battles. He and the army lay down in wait. Musashi jumped out of the tree and killed the disoriented men. Soon after, Musashi found another suitable challenge, a warrior named Baiken. Baiken was known for using a sickle and a long chain with a steel ball attached to the end. Baiken would begin the duel by swinging the chain, forcing his opponent backward and off-balance. He would then throw the ball at his enemy, who would be forced to deflect it. When he did, Baiken would kill him with the sickle. Musashi brought one short sword and one long sword to the duel, something no one had done against Baiken. Baiken became reluctant to throw the ball at Musashi, because he could deflect it with one sword and strike him with the other. Upon the start of the duel, Musashi charged Baiken, who was unable to build up momentum with the ball. He knocked him off balance with the short sword and struck with the long, killing him. In a third duel, Musashi played on his opponent's emotions. Facing one of the greatest warriors in a country known for its customs, Musashi arrived very late, lying down in a boat, whittling a piece of wood that he would use as a sword. As he got off the boat, he tied a dirty towel to his head as a headband. His attitude was extremely cocky, and he made nonsensical remarks that further infuriated his enemy. This caused his enemy to make a careless mistake in battle that afforded Musashi an opportunity to defeat him. Adapting to your enemyMusashi understood the importance of adapting to his enemy. He would discover his enemy's weakness and would exploit it. This is exactly what we must do with our trading partners. We must collect as much information as possible about them, and then use the approach that will be most effective. This will change from person to person, and it may even change for the same person on occasion. We must always be aware and attentive. It is easy to simply send a generic trade offer via e-mail, but without knowledge of your opponent, its chances for success are relatively slim. Concluding thoughtsIf you think I failed to include useful information a trading owner should seek, feel free to send me an e-mail. As Lenny Melnick recently said, "Trading is a definite art." It is more art than science, and when it comes to intelligence gathering, you can never have enough. I am sure that I left some potential questions out. If I get some good ones from you, I'll be sure to make a post with them. On a completely unrelated note, I'll be a guest on Elliott Price's radio show this Sunday at 2 pm EDT. Elliot Price is a former play-by-play announcer for the Montreal Expos. If you're interested in listening, I believe you can access it at http://www.mcnsports.com/. Derek Carty is a student in New Jersey who loves Fantasy Baseball. His articles can also be found at FOX Sports, and he was a contributor at Rotoworld this past season. He was the champion of the FOX Sports Experts Fantasy Baseball League this past year. He welcomes questions via e-mail. Next Post: Fantasy roundtable: Hart, Markakis, or Pence>> <<Previous Post: Injurious flaws of B.J. Ryan: What to expect | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||