Steady Again?

The P&L tells a different story to today’s activity as it shows a steady, though not record breaking, profitable day.

However, of the 10 profitable races I had, I actually traded 6 from negative positions following my first couple of trades in each of the races. I couldn’t quite manage it with the 16:10 Worcester although I recovered the race from £0.64 down at one point.

My best trade was to catch a small swing in the 15:20 Catterick where I made a £0.47 gain on the second favourite, after dropping £0.14 on the favourite. I managed to catch the start of the rise one tick above its lowest and got out right at the top of the short swing, just before the odds dropped again. It was quite pleasing at the time but it then proceeded to shoot up another 12 – 15 ticks about 30 seconds later :-(.

So a profit of £0.73 today which is roughly 0.3% ROI, yet again, I’d still prefer it to be higher for less stress!

I may be able to trade tomorrow, I’m not sure as I’m expecting to be busy most of the day.

Cheers