After starting well, lost November's profits today.
Before 3pm, it was better to back the favourites at the top of the range; was doing well as in profit by 39p.
In the 15.10 again I backed the favourite at the top. But the 3rd suddenly crashed down heavily (no indication that this would happen at all).
When that happens, the favourite will drift sharply. Took a 5 tick loss. Tried another 4 trades, losing another tick altogether.
Similar happened in the 15.40 when I lost 54p.
People mention to cut the losses, but it is difficult when the market suddenly move 5 ticks against you.
I rarely get 5 ticks for me, so the wins are always being outweighed by the losses.