Thursday, September 17, 2009

Day 24-26 (Project Day 32-34)


Did it again. I got caught out with a lay bet again. I never learn!

Got very lucky this time as the horse was a donkey in disguise. I was unemotional when I lost the €99 two days ago.


This time I was furious, getting caught again. Low liquidity until just before the off is forcing me to trade very close to the off. With the satellite delay of a few seconds, it is very touch and go. With no inplay trading for US racing, there is no recovery from errors.


I may need to reduce the trading days to tie in with the more liquid days in the market. Also will have to look at the football strategies and in play markets in the evenings to help boost the opportunities.


I knew it would be hard, but didn't think it would be the rollercoaster ride I am making it.


Starting: €137.69
Opening: €116.17
Closing: €158.46

Last Profit: €42.29(36.4%)

Total P/L: € 20.77 (15.08%)

Monday, September 14, 2009

Day 23 (Project day 31)


Disaster. I didn't realise how close to the off it was while I was trading. When I realised, I paniced and tried to cancel a bet. At the same time I pressed the hedge button. Net result, a lay bet with a liability of €99.43.


To say the horse romped home is an under statement. I am not back to square one, I am at square -1.


I don't feel emotional about the mistake. I am not angry, I didn't yell, I accepted I made a mistake. This gives me heart. I am going to stop for tonight and watch some telly.


I will start again tomorrow (hopefully, NTL are installing 3Mb broadband tomorrow, hopefully it works.)


Again this is a setback, it may affect the timelines, but i have faith that i will succeed with this. When I do, the taste will be so sweet.


“Difficulties increase the nearer we approach the goal”

Johann Wolfgang von Goethe
Starting: €137.69
Opening: €212.43
Closing: €116.17
Last Profit: -€96.26(-69.91%)
Total P/L: -€ 21.52 (-15.63%)

Sunday, September 13, 2009

Day 16 - 22 (Project Days 22 - 30)


Profits going up. Hit two good milestones this week. Broke the €50 profits on Thursday evening and today broke the €200 bank. Not going as fast as i would like, but making steady progress.


Starting: €137.69
Opening: €165.02
Closing: €212.43

Last Profit: €47.41 (34.43%)

Total P/L: € 74.74 (54.28%)

Saturday, September 5, 2009

Day 11- 15 (Project Days 13 - 21)


Haven't posted for a while, but I have been trading. Had ups and downs over the days, but overall I am up. Attached the last weeks Profit and loss for your viewing please.


At one stage I was down €30 in one day, but recovered to a loss of only €9.


Also dipped some toes in Greyhounds and football.


Starting: €137.69

Opening: €148.19

Closing: €165.02

Total P/L: € 16.83 (19.84%)