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  1. 3 points
    Today's results, nothing too flash, was a long grind but did ok, last race went a bit tits up, it was actually a Caan Berry front runner tip but betfair had no live feed so i took a loss on that in play, actually had £1.44 pre race, my fault at the end of the day though.
  2. 2 points
    DAY 47 Markets traded: 23 Profit: +£1,18 Bank: £22,75 Commentary: Evening trading on greyhounds for about 2 hours. I am surprised how big liquidity was there. On one race I recorded liquidity matched on just one odds-on greyhound with £78000, that is massive 😀 With my £3 stake I am totally invisible between all these big sharks 🕵️‍♀️ At one point I was hoping to get matched at odds 300 and lay at around 180, it did not happen but similiar happend to me before so why not make market 😉
  3. 2 points
    DAY 46 Markets traded: 14 Profit: +£0,24 Bank: £21,57 Commentary: It was like rollercoaster for me. One loss and then profit and all over again. At the end I got two nice profits so I got above 0 profit line and ended up with +£0,24.
  4. 2 points
    Hope everybody is happy now as the racing is back. It was weird to have a weekend off, not to say a Saturday. Six days passed very quickly. I enjoyed the company of my pals in the pub, lots of chit-chat and beer. A fellow or so to say a wanna be part time trader offered me a 'job'. He is on 2 weeks holiday starting from this Monday. He doesn't have much success at trading although seem to know a lot about it. He asked me to watch him trading and help him with some insights, guiding, advice, discipline etc. I said that I was not the one that he needs but he insisted and as we know each other for a long time I gave up. So up to 24th I am hired as an "adviser". That's what happens when Equine flu strikes. His style of trading is more riskier than mine as he trades more inplay. We are going to trade from my account, at my place. Of course there's some financial agreement which I am not going to disclose here but everybody seems to be happy. I will publish the results here as usual. There's a £500 limit. If he blows them than we're done. So a turn of events that I did not expect. Now I don't know what to do with my challenge.. will have a think about it after 24th. Today we had some preparation and adjustments. Traded a few markets. Very lively markets today. Tomorrow will start posting the results of a journey in a journey. Like in the movie "Inception" : dream in a dream. Very good movie btw. If you think that nothing more happened during these six days than here is another peculiar event. Another friend of mine is asking me to go with him to a Vipassana retreat for 10 days. I can not stand still for more that 10 minutes not to say 10 hours/day for 10 days. Now how crazy is that? only six days ...My response was maybe next year's February :). Up until that time we should train our backs and not only backs but patience also :).
  5. 2 points
    Markets left : 709 Today: 12 ( 12 /0 ) / over £100 Got attracted by Gr1s at Leopardstown. As a rule Sundays are off for me. Markets very jumpy. Lot's of manipulation. Big stakes appearing and disappearing creating panic. Last minutes moves at Southwell were ballistic. If caught on the wrong side it was very difficult to get out. Tried to avoid those moments as it seemed a pattern that repeated itself. 15:35 did not green up. It was ~ +18. So a bit of a 'gamble' there. A bit of pressure rose at the end of the day because of all greens. So I get out leaving the last two markets. Simply wanted to get a clean sheet. Tomorrow definitely day off. And most likely Tuesday with its 15 min gaps a day off too.
  6. 2 points
    Markets left : 780 Today: 35 ( 25/10) / over £100  Very good markets but tricky. Surprisingly all 6 out of 6 were positive trades at Lingfield. Frustrating end of the day with a -30 at Chelmsford. Got carried away with stable scalping on the favorite and then got caught inplay. Cheltenham was the most profitable with Uttoxeter at the other end if not taking into account the cock-up at Chelmsford. The feeling is that I should have done better as I traded with increased stakes on most of the markets. I did allow myself an extra hour of sleep in the morning. Not tired at all. Tomorrow day off and Monday with 2 afternoon meetings only will be off as well. Btw the biggest turnover so far. (lay stakes + back stakes).
  7. 2 points
    It's been quite some time since my last trading challenge on Betdaq. It ended faster than expected. Because either of the bad software quality or the API quality of Betdaq, I couldn't have a confidence in my open positions. Sometimes there was a difference between my open position displayed in the software versus the Betdaq website, which is less than optimal situation. I have also received a message from @Luciano who wanted to see some challenge again. On top of that, I always wanted to post some information regarding my trading, sometimes with videos, but I didn't want to push myself into another challenge. These days, trading is not my top 1 priority and I dedicate quite a lot of time to other stuff so pushing myself into a challenge would not make me feel comfortable. I was thinking about the concept and yesterday, out of nowhere, the Eureka moment came to my mind. I will not be doing a challenge in a way to "earn X over the time period of Y". I will just post some random stuff that will come to my mind when trading, maybe a few times per month, just as it comes. There is no need to produce new content at any cost, I just want it to be enjoyable for both sides, you and me. Yesterday I started trading little earlier and I noticed there are some Australian races before the UK racing started. I used these markets to warm up myself and I recorded a few videos of how you can make the market in a low liquid race. I have always seen a very nice opportunity in low liquid markets because of the possible ROI. If you do it right, you can scalp many ticks with a small stake and have a good return. I think this is also a good complementary solution for beginners. If you can make a little profit from low liquid markets, it does encourage you and it may cover the cost of learning how to trade on bigger markets. If I will make any videos in the future, they may not be with a voice over. They will most likely be with some written description inside the video. To be honest, it's quite a pain for me to do a voice over and maybe it's a pain for you to listen to it as well I hope you understand my reasons. So here is a video regarding the low stakes: Occasional trading - low liquid markets.mp4 And below is my result from yesterday's trading as a whole: My starting bank was: And I ended up with: Can you see? There is no point in risking huge amounts in order to earn a decent return. I was able to earn 55% on my initial deposit just in one day. So that's my message of today's blog - keep it simple and don't risk much. There is no need for that. Just stick to your rules and don't increase your stakes until you see some results.
  8. 2 points
    Hi Tommy Well done on your efforts and don't feel too bad about the last race going wrong - it happens and you still have enough bank to trade with today. I don't trade greyhounds and maybe Thomas / Tom Peace can correct me here, but that looked a bit like a trending horse race in that the favourite was getting backed and nothing else seemed to be able to stop it -this was in the latter part of the video. In this case, as hard as it can be, it might be worth holding on to a trade a little longer to give it time to breathe. You are doing very well overall though! Keep going, Chris
  9. 1 point
    Two brains are better than one. Still 6 reds at Meydan out of 6 of course. Should have been avoided really. No liquidity at all. All the others mixed results. 31 markets in total at the end of the day. Traded a few "untradeable" myself. Last at Clonmel was very straightforward. That improved considerable the total result of the day. Let's see what tomorrow brings us.
  10. 1 point
    Markets left : 699 Today: 10 ( 4 / 6 ) - £78.26 Markets too quick for me today. Did not trade these days and sort of got rusty. And the short nap before the trading session turned into a long one and made me feeling groggy. So decided to get out at a loss today. Painful feeling. I can see moves but I always late. Will start tomorrow with 500 bank again to gather my confidence back.
  11. 1 point
    Markets left : 721 Today: 28 ( 22 /6 ) / over £100 Frustrating and at the same time profitable day. Times at Lingfield have been put back 25 min and at Chelmsford by 5 minutes. That added a bit of chaos in markets. Used slighter bigger stakes as there was plenty of liquidity. Still got the feeling that I should have done better. Although did have a few faults I've noticed small improvements on my discipline. A few times I realized that moment, paused and did the right thing after that. The trickiest markets have been at Sandown. Will have a look through my screenshots later on to try and figure out what could have been done better. Chelmsford and Leopardstown - all greens.
  12. 1 point
  13. 1 point
    DAY 41 On 26.1.2018 (saturday) I traded one football match with profit +£0,78. Markets traded: 20 Profit: +£0,57 Bank: £18,53 Commentary: I gave up on waiting for result from race track Henlow where it was snowy and they have no clue how to deal with few snowflakes, so my last race start was delayed by over 25 minutes when I gave up on waiting. Otherwise stats should match reality +/- £0,0 2. It was good day for me. I do not have much time lately so I am happy that I was trading today.
  14. 1 point
    Markets left : 760 Today: 20 ( 18/2 ) / over £100 Well, today is Sunday. I decided to have a look at the markets and ended up trading. Part of the reason being that this week I had too many days off. The other reason was Grade races at Nass and 10min gaps. So an unplanned trading day. Most of the times Sundays seem fairer and relatively calmer or so to say smoother. That might be due to more true money in the markets. At least that's is how it feels to me. On Sunday morning I go to a sports club and coming home am feeling tired. And when I am too tired I've noticed that it is better have the day off. That's why I am avoiding trading on Sundays. Most of my friends gathers there and can not do other days' mornings. Pleased with the result, as I set quite low expectations. Most profitable meeting was Naas. As usual I did break twice the rules. But the look of it (scrolling through screenshots) I would have been a bit better had I stick to the rules.
  15. 1 point
    DAY 40 Markets traded: 18 Profit: +£0,03 Bank: £18,53 Commentary: I am glad that it ended with plus figure so I cut that line straight away when I achieved plus figure. All this took me exactly 1 hour and 7 minutes. A lot of fast thinking and many decisions made in such a short time period.
  16. 1 point
    That's a really good observation of the situation! I often listen to my inner feelings like that. During many years of trading, I have learned that the inner voice is very wise and when it tells me "don't do that", it's better to not do it
  17. 1 point
    Today is going to be my 4th day off. Hereford and Catterick are abandoned leaving us with one afternoon and one evening race. Didn't do much aus open as I simply enjoyed my 3 full days off and now the forth. By the way S. williams lost from 1.01 with @ 600k matched . My mind is very refreshed, my body pretty tired of phisical activities. In replay to Roodge about video recording: maybe at later stages. I still have 800+ markets to trade to complete my challenge. At the moment I am using an auto screenshot capture software: https://sourceforge.net/projects/autoscreen/ . It makes screen shots every 1 minute. At the end of the session I would go through them analyzing. Video recording is slowing down my pc which I don't like. In replay to Chris75: I am assuming that I would have much better results if I pick and choose markets. The fear of missing out is often pushing me into overtrading. I would like to be more consistent on my discipline. I am treating myself as a child who have to learn something but don't want to. When I feel that irresistible pool to break a rule I would do that but with a 20-30% risk only. And in that moment I would try to be aware of myself my thinking and my feelings as much as I could. My understanding is that only through this moments the change is possible.
  18. 1 point
    Hello Tomas. I'm happy to remember my publication on the challenges. In fact, I agree with you, it makes more sense to put the crucial points about some facts than a new challenge. The method itself basically depends on a lot of training and dedication to becoming a horse trade. Thanks for the video. Big hug
  19. 1 point
    Morning fellas, Mixed back of results from last weeks trading, seemed to get 4 races profit then lose concentration and make an error which took me out of the 'zone'. Something else I noticed which may help others on here, £25 stakes although they're fairly small seemed to be bothering me, i wasn't trading as freely as what i should of been. Fresh week today in which I will be using £5 stakes only and i'll post a profit/loss sheet for today's racing. Hope you fella's all had a profitable weekend.
  20. 1 point
    Thanks for posting this, Tom. A reminder to those of us still on the journey that your methods work and you don't need a huge bank to make a good return.
  21. 1 point
    Nice results as always Tomas! Nice to watch a new video too
  22. 1 point
    Maybe you have already noticed but just to make it little bit more official, I have created a few thresholds which will help us to identify a member reputation across the community. It works like this - if other member of the community gives you a like , your reputation will get +1 point (nobody can give negative points). And once you meet a certain threshold, you will receive a badge: So, every newcomer is obviously a Stranger. Once he receives at least 5 points from other members of the community, he becomes a "Candidate". At 10 points, he becomes a Do-gooder, etc. If you have any ideas for 100, 200 & 500 badges, feel free to reply to this topic. Maybe you are asking what is the advantage of these badges? Well, apart from being recognized as a valuable member of the community, you also get slightly better features when using the forums. For example: your maximum amount of personal messages goes up, your time allowance for editing your own posts is higher, etc.
  23. 1 point
    Markets left : 826 Today: 36 ( 24/11/1 ) / over £100 Lively, good markets, lots of opportunities. Went inplay a few times. Overall in control. Wish wouldn't have done that. But I'am getting there. Having 'annoying' reminders in background from time time. Biggest turnover so far. Almost doubled the previous high. Used bigger stakes today. Not sure about tomorrow but Monday and Tuesday will be day offs. Will have a look at Aus Open markets.
  24. 1 point
    My advice maybe a little bit unusual. It's been quite some time since you started trading, that means you know very well how to operate the software, you probably know different emergency situations and how to act & react when they happen. You know that it makes no sense to risk more than you can afford to lose. Right now you probably know every technical aspect of trading yet you still struggle to achieve long term profit and to go up in the game. Try something different than you are already doing right now. You need to be "in the zone" - that is a kind of situation when you feel like you have a trance. There is only you and the market. You feel the market as a living organism and you feel every beat of it. Have you ever felt like this? From my own experience, I have had just a few moments in my trading career which really meant I was able step up and jump to another level of trading. The first one was when I realized I can really make some money on this. It took me a few months (on greyhounds). The second one was when I earned £100 in a day for the first time. The third one was £1,000 in a day. The last one was £1,000 in a one race. Once I understood any of these milestones is possible, I was able to repeat them regularly. I want you to crack the first step, to get you into a profit. You obviously need to change something and my inner feeling is that you need to be more pro-active in the market. You need to be the one who does the decision and takes the position first. Market is often a slow & fat guy, yet very powerful. It's really hard to describe it but there is a little room / space for the profit. Market always follows that space but when it does, it creates another space. You need to get into a situation when you are the one who is on top of everything. That requires to make quick and maybe risky decisions but you need to stand up and do it, you need to get out of the crowd. Crowd will never bring you to the top.
  25. 1 point
    Many times there are people who want to match a big bet in the market. This is another great opportunity for you. In this scenario, you can always have speculative Back & Lay bets in the market that are far below & above the current market price. The theory with up & down spikes is that the market usually corrects itself and moves in the direction where the price was before the spike. Spike up (from 4.5 to 5.5) followed by an immediate correction So let me show you an example. If the current price is @3.50, and someone matches a huge Back bet @3.05, the market will very probably move back to near the 3.50 level. It doesn’t have to move exactly to this level but the market tends to make a correction: Spike down (from 3.9 to 3.5) followed by a slow but steady correction In this type of trade, be sure you know the difference between a trending market and a market that has found some sort of equilibrium. The trending market has a tendency to strongly move either up or down and for a longer period of time. If there’s a strong downtrend in the market, a spike down wouldn’t have the tendency to make a correction upwards. In contrast, it can accelerate the downtrend even more. The price shoots up from 6.00 to 8.00 but returns after some time Huge spike up from 5.0 to 6.6 followed by a correction Using spikes is a very easy strategy because most of the time, you know exactly what will happen in the market. It doesn’t happen in every market but I would say you would see at least 1 spike every day. Successful trading is composed of many different techniques that don’t have to happen very often but still add up at the end of each month. Correction after a fast move up The picture above doesn’t show you a spike. A Spike is a very quick pump up (or down) usually made by one bet. The picture above shows you a quick move up from 7.0 to 8.6 followed by a correction. What am I trying to say? Every quick change in the market is usually followed by it finding equilibrium. In the picture above, the market has returned to ½ of the quick move up. ½ is a quite common rule and you can see it in the markets every day. If there’s a quick move in one direction, it’s usually driven by people’s fear and greed, which are always irrational. Once the market understands it has moved to an irrational level, it tends to go back again – and very often, it’s about ½ of the move. Videos: Scalping & Scale Out £39+ ↓ Spike Correction £44+ ↓ Royal Ascot £136+ ↓ Australian Horse Racing £11+ ↓ < PREV | HOME | NEXT >
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