I had hoped to leave July with a bang but instead left it with a loss. I made the mistake of leaving a couple of poor trades in too long as it went against me both times (15:40 Bangor). Here is the annoying thing, I recovered the race from a net -£3.34 to a net -£1.73 on the race. If I could only capture that later trading first, hell, my confidence would be so much higher!
Again, the following races after the loss I performed much better than before the loss and it seems I need some “impetus” for profit making, or at least to trade more effectively. Sometimes I really don’t know.
So for the last day of July I posted a loss of £0.77, safe in the knowledge that the big loss of the day could have been lower, or even in profit, with a little more discipline.
Cheers
If you are trading better later (nearer the off)... then you could maybe try starting all your trades later...
ReplyDeleteHi Anon
ReplyDeleteDoh!, I should have thought of that. I will analyse my entry point times over June & July and see what the effect is on my profitability.
Thanks
Andy