Monday 12 May 2014

INCONCISTENCY!

Traded another 25 races in all today, winning 18 and losing 7(S/R 72%) with a profit of £3.55. After trying a few ways of staking ive decided to use £10 for odds on, £5 for 2-5 and £2 for anything over odds of 5. Im not too disappointed today as i only had 1 Medium sized loss and cut the others quite early, but ive got to be more consistent, but i know that will come when ive traded more markets and start getting more experienced. My winning trades aren't quite big enough as im still not adding to them as i should.

I noticed a couple of interesting things in the market today, so if i can gain just one piece of experience or a bit of knowledge per day ill be happy, work is quiet at the moment so im managing around 3-4 on the ladder each day. Now i need to have a look through a few of my recorded trades and see where im going wrong and what i can do to improve. The only goal i have set myself thus far is too trade 1000 markets, all different and only then will i really evaluate my position and decided where to go and what goals to set.

Days Traded= 7
Total Markets Traded= 147
Av. Markets Per Day= 21
Wins= 106
Loses= 41
Total S/R= 72%
Total P/L (Excluding 5% Comm.) =£5.17
Bank= £105.17

Today's P/L,





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