Last Week

Just a quick note really to let you know what happened last week.

Not having a great deal of time to trade I managed a small profit over the week of £3.71 pre race trading. I did have a small attempt at the greyhounds last week as well, the first time in ages, but nothing much to write home about there with a small profit of £0.11

I’ve had no spare time this week at all but hopefully will get an afternoons trading in tomorrow (Thursday).

Cheers

Steady, Steady!

A case of whoa! boy as I jumped in full of enthusiasm, messed up, but got it together pretty sharpish.

After a poor first race where I gained 2 and lost 5 ticks in quick succession the rest of my time was spent fruitfully! I upped my stakes to £3 trades for today and ended with a £0.98 profit. I couldn't spend more than a couple of hours trading today but it was ok.

My decision making, although wrong at times, was much faster than usual and I also found it more exciting, with a couple of heart pumping moments when I realised I’d layed twice. A case of in, out, in, out, in, in, whoops!, out out! Must have a word with the wife ;-)

Cheers

Back With a Vengeance?

I don’t know whether I’ll be back in the same way as before but we’ll see.

Anyway, apologies for not posting anything over the last few months and thanks for the comments asking about my whereabouts. I’m fine but needed a break from trading but didn’t expect to be away for so long.

I’ve not done a great deal of trading since August 2009, a bit here and a bit there, and mainly “event” trading rather than my favourite pastime, pre race trading. By event trading I mean making an entry and then waiting for a goal and trading out. This is less frenetic than pre race trading but not half the fun though.

I’ve spent some time analysing my trading style and feel that my best way forward would be to make substantially quicker decisions, both entry and exit positions. Many times I am too thoughtful and completely miss the boat so this is something I am going to attempt to practice.

Since I last posted, my Bet Angel subscription ended and I thought that would be it, at least for now, but I’ve been reading the blogs recently and picked up on a post by Ronnie2ticks about The Toy. It looks an interesting application (and it’s free!) so I’ve downloaded and given it a try over the last few days.

Trading with just £2 stakes I’ve managed a small profit of £1.22 with no lost races. Although I’ve mis read the markets frequently with several losing trades, on each occasion I’ve managed to pull back to profit or scratch.

I’m using the low stakes until I get more used to the software but the hardest thing I’ve found is the quicker decision making, particularly when it goes against me, I still need to speed up!

I know I won’t get the opportunity to trade as often as I used to but I will try to update the blog as and when I do.

Cheers

Andy