I’ve read that many people are finding it tough trading the weeks of big meetings, well, me too! I had a bit of a go yesterday but gave up after a short while, no losses, an 8p profit if I remember right. I just found the markets difficult to read and difficult to get matched outside the money.
Today started off exactly the same but I thought I’d persevere, after all I’d like to make a profit at this one day. I didn’t think it was going particularly well, quite poorly in fact, but at the end of the afternoon I found I’d only lost £0.25 and suffered less losing races than I thought.
At one point, after my third to last race, I was quite down, mentally not financially (at the time) because I’d struggled to just scratch the trade, due to the “money scoopers”, which at one point was £0.57 in profit.
I traded the second to last ok, but without any real conviction, still I managed a profit.
This was a tough mindset to take to what was my last race. However, whilst I was observing the markets my mind said to me “go for it, if it goes against you, don’t worry, just get out and try again”. It’s a very odd thought for me.
So I set about trading my last race and this is how it went…
1) Lay Astrodiva @ 2.94, backed @ 2.86 and redded out for -£0.28
2) Lay Astrodiva @ 2.72, backed @ 2.66 and redded out for -£0.23
So -£0.51 after 2 trades
3) Lay Whispering Gallery @ 2.16, backed at 2.18 and greened for £0.09
4) Lay Whispering Gallery @ 2.12, backed at 2.14 and greened for £0.09
So now still -£0.33 after 4 trades.
As I was watching the Astrodiva ladder something in my mind said “it’s gonna go” so my final trade…
5) Lay Astrodiva @ 2.68, backed @ 2.80 and greened for £0.46
To say I was chuffed would be an understatement and this race went a long way to changing my mental attitude, both for the afternoon and, I hope, for the future, we’ll just have to see!
I hope this drivel hasn't bored you.
Cheers
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