It's funny how when things are going badly, I can have a lot to say, lots to think about, and lots to beat myself over the head with, but when things are going well I don't know what to say. I am really pleased with how the last 2 weeks have gone, and I think the blog has a lot to do with it. It helps to think about what is going wrong, what you have learned about trading, and to put down your thoughts, it kind of brings them forward in your head, makes them concrete, and gives you focus on things to work on.
Another good today, making £3.52 from £10 stakes. This is without trading all the races. I find it quite difficult to have a strategy for races with favorites with odds less than 3, and also races where 2 horses are under 3, or around the same mark. If I can make more progress in these races then my PnL can only improve. I have almost eradicated going in-running, as I am now out when Bart says "I'm outta here", or else closing my trade soon after.
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Good profit there Neil.
ReplyDeleteYou're right about blogging - it's a bit like therapy but without paying the extortionate fees! :D
Mets
Excellent stuff Neil.
ReplyDeleteMaybe we are moving in a parallel universe as I traded much better today with 2 particular races being extremely pleasing.
Onwards and upwards.
Regards
Steve
thanks for the comments. I wish I had some advice to give you mets, your strike rate seems quite low at the moment. I guess the only thing I can think of is that it has taken me nearly 2 years to get to where I am, and theres still a long way to go, some people will be quicker than others, but keep at it, it is possible to turn it round
ReplyDeleteYes, a long way to go yet and positive thinking is paramount in this game. Stay tuned hehe!
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