Friday, 24 April 2009

Mucked Up Big Style

I wanted to use a stronger word in the title but my own standards would not let me. I deserve (and expect) a mucking good kicking from you guys after today’s total lapse of discipline. I am embarrassed, sore, deflated and many other stronger words that I can’t put to print.

So after 7 weeks of NOT taking a trade in play, why oh why did I do it today? What changed my mental attitude to this, probably one of my last, and most fatal, disciplines? Why, when I’ve preached this for so long now, didn’t I practice it? Was it over confidence? I don’t think so, I don’t usually start off that confident.

Well, whatever it actually was, here’s the mucking damage…

I suppose one good thing has come from it, I have a sneaking suspicion that I will NEVER take a trade in play again.

So today’s P&L looks a bit sick, but some good trading and tight disciplines pulled about £20 back to leave today’s P&L at a £67.14 loss. On an interesting note I got 43 Betfair points for the loss, none of the other races gave me more than 2!

I may be back tomorrow, I’m not sure what Mrs TG has lined up, but I should be able to get a little trading in at least.

Cheers (and go easy on me).


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5 comments:

  1. Anonymous24 April 2009 at 18:34

    hello Gary
    unlucky about the loss been guilty of doing it myself in the past.however you should try and take the negative and make it a positive.you made 1 bad decision and have paid for it but after the loss you've managed to get back some of the loss and you didnt lose a single race after which is pretty impressive. good luck and keep at it.

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  2. Anonymous24 April 2009 at 19:45

    I done it last week and it cost me £50, the most annoying thing was that I could have got out for a loss of £6 or so in running yet just sat there watching the situation get worse, like you I won't be doing it again in a hurry.

    Fair play for trading the rest of the day because after a poor start I would have packed up until tomorrow.

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  3. Rob The Builder.24 April 2009 at 20:34

    Sadly you picked a 5 furlong race for your aberration. Down side - money gone in a flash, Upside - not too long with your stomach churning while you wait to find out your fate.

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  4. PeterWebbHereIcome25 April 2009 at 01:42

    Ouch! Well I feel your pain brother, just have a look at my last two blogposts..

    Learn the lesson, lick your wounds and get back in the saddle!

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  5. TraderGray25 April 2009 at 19:09

    Hi Anon

    Thanks, and I’m Andy by the way, but don’t worry.

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    Hi Scalper

    I think, in the past I may well have jacked it in for the afternoon. I realise that each race is an individual event and no 2 will be the same so plug on I do now. This time it worked out ok.

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    Hi Rob

    It’s a bit embarrassing but I didn’t notice it was 5f until I looked at the P&L afterwards. I may have played it differently if I’d noticed, but who knows?

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    Hi PWHIC

    Learnt, Licked & Re-Saddled!

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    Thanks for all your comments and encouragement.

    Have a good weekend.

    Cheers

    Andy

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