It wasn’t really a lack of discipline, more looser disciplines in two of today’s races that cost me. I’ll let you figure out which two.
I pushed many more trades through today than I would normally and, I suspect, a lot less than most traders. I totted it up and I matched just over £1K at £10 units making 102 trades.
Trading normally it was ok, if a little haphazard, but in general seemed to go ok. Unfortunately I caught myself thinking of chasing the losses from the first 4 races and it clouded my judgement resulting in the £5.41 loss in the 14:50 Yarmouth.
The £6.68 loss later in the day was really due to me “mucking around” and I should have known better, but never mind, you live and learn. Overall I produced my first losing day for a while with a loss of £11.74 and although I’m unhappy about the loss, the actual trading went ok.
With the RUK subscription, I now have to learn what I’m looking out for, any tips anyone?
Cheers
I had one of those 'mucking around' days too.
ReplyDeleteDone some pre race trading, a few bets in running as well as keeping an eye on the tennis between Safin and Hewitt.
I just wasn't focused at all.
Hi Scalper
ReplyDeleteI think I got a bit frustrated at the level of wins (ie pence, not £££'s) I'm better today.
Cheers