Tuesday, 10 February 2009

Watching Paint Dry

Well, for me, today was a bit like watching paint dry. For some reason I found only a few opportunities, struggling to get a position matched and even when I did I struggled to get 1 or 2 tick movements in my favour. However, I did not lose a single trade and ended up with a profit of £1.86, a massive £0.62 per hour.

Like yesterday I was too cautious but I traded 5 races altogether, winning just 1 tick on each of the first 3. For the 4th race I eventually settled for equal back and lay matches. For the last race I changed my tactics and this resulted in a 3 tick gain which equated to £0.85 of the £1.86 profit and I will pursue this strategy a bit closer tomorrow.

So for today…

Per Race Profit % = 1.42 (-0.08 to target)
Today’s Profit % = 7.10 (-2.90 to target)
Profit v Bank = +0.67%
New Trading Level of £26.30


I’m going to achieve one of the targets listed in my introductory post and will be attending Peter Webb’s training course on 16th March 2009. I am sure this will give me the knowledge to take my trading, and therefore profits, to much greater heights.

Cheers

3 comments:

  1. Hi andy,keep plugging away mate profit is profit,how much did the peter webb training course cost and where is it held cheers playslip.

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  2. Hi good luck on the training course, something i wish could attend, having been reading your blog it seems you know how to trade already, you are showing profits daily and seem in control

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  3. Hi Payslip, the courses cost £399 and are usually held at Hook, nr Basingstoke.

    Hi Ron, Thanks, I am looking forward to it and I am sure it will be extremely beneficial.

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