By David in David's Blog 0Another good day, mainly from backing the favourites at the right times.
The last trade in the 16:25 was interesting. 1st trade, backed at 3.1 taking a 2 tick loss. It then started coming down again, so I backed at 3.1 again taking 3 ticks profit.
So overall, the profit out weighed the initial loss.
All other trades were well judged with the timing.
Strike rate 100%. Profit £1.29
By David in David's Blog 0Thursday was a bad day. 6 tiles on my bathroom wall fell off, after being stuck on for 18 years.
Then I lose £5.30 on the trading, because most trades I attempted went wrong.
If I decided to back, the horse would drift. If I layed, it would get backed in.
Today is a complete contrast. I have managed to get my newest pc running again. Remember when I said it kept switching off suddenly?
The culprit was a faulty processor. I have now put a new one in, together with a water cooler, and a front intake fan.
Cpu temp stayed at a constant 27c (which is cool) all afternoon, even whilst trading on it.
Maybe using a faster pc is helping, because everything went right in the trading.
6 wins, 5 scratches. Could have had 5 more profitable trades too but missed the opportunities.
Strike rate 100%. Profit £2.47
By David in David's Blog 0I was being selective on which races to trade today. A couple of races only had 3 runners.
On Mondays, it is often better to back the fav (as there are not so many heavyweight traders making it drift).
Could have backed a couple of them, but didn't as the 2nd was steaming at the time.
Could have layed when a spoofer was offering fake 2k and 3k back bets (I was too slow too recognise it).
In the 15:20, I was looking to back the fav. It was drifting and drifting up to 3.75 Was about to back it to catch a downward trend, but all of a sudden 8 to 9k was backed and the market crashed down! Why didn't the backer wait 2 more seconds?!!
Missed a downward trend on another race.
With my 1st trade, only £4 matched from a £10 stake.
Strike rate 100%. Profit 36p
By Tomas in Tom's Blog 9I usually don't trade on Sundays but I decided to trade today. The reason was The Open in Cheltenham where I expected some higher liquidity. However, some of these races in Cheltenham had only a few runners and to be honest - races with just a few runners are not my favorite ones. Despite that, I was able to gradually add up the profit and achieve a nice result. So that's the end of this week - after a loss on Thursday, I was able to recover on Saturday. And today I added up some extra profit and so the equity is growing again.
I still use small stakes because I want to protect my bank as much as possible. My highest exposure is now set to about £400 at any given time. I will gradually increase this limit as my bank goes bigger. There is no need to speed up things - and I will do that once I feel comfortable with it. The plan for the following week is to trade on Thursday, Friday & Saturday again. Maybe with some Australian racing on Saturday morning - if I find it interesting.
Enjoy the rest of the weekend!
By David in David's Blog 0I can confirm that the markets are better (as what I stated in my blog yesterday).
This is because of the way I was able to trade today. Also by observing how the markets move.
Missed 6 trends that would have been profitable; sometimes the market moves too quickly for me to catch the best odds.
2 scratches would have done the same also. So, my days profit could be higher still.
The best bit was not having any losses.
Strike rate 100%. Profit 45p.
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