In & Out in 15 Minutes!

Just a quick update, traded two matches today, one was profitable the other wasn’t. Both kicked off at 20:00 and I traded out 15 minutes later to a £1.27 net gain. The maximum risk was -£8.92, but never achieved anywhere near that, peaking at -£1.03.

I’m short of my £1.00 per day needed to recover the BAP subscription (by 36p) but have only traded on 4 days, Fri, Sat, Mon & today. I now have £24.35 to go having profited by £5.64 since the purchase.

Must go, some more stats to look at!

Cheers

Andy

How Do I Measure Up?

I did 3 matches today, no real concerns, all done & dusted within the space of 20 minutes and a net gain of £1.14. This still leaves me £25.62 to recover for the BAP subscription but I’m chipping away at it with no real danger?

What does concern me is that I do not know how well I am doing and I need to measure it in some way. It could be that the way I am trading I am achieving a poor result, it could be that it’s a good result.

I know it’s only 3 days but I need to know what the effect will be if it does not work, I can only hypothesise and the hypothetical maximum loss I would have experienced is the £10+ I noted on Saturday.

I do believe that it could be worse but need the actual situation to occur to enable me to learn more from they way I am trading.

But, hey ho, I’ll keep the positives as frequent as possible, I've given other punters my hard earned over the last few years ;-)

Cheers

Andy

Cross Functionality?

What does it mean? Well it enables me to look at several markets at the same time on a single tab of a spreadsheet.

By using Bet Angels “Guardian” feature and integrating it with their Excel link I can monitor positions in more than one market and make decisions, with a little greater knowledge, based on my overall net position.

Today I tried 7 markets at the same time (as opposed to 3 yesterday) though, whilst it gave me a few fraught moments checking everything, I achieved a greater profit but at lower ROI (7.00%)

The ROI calculation is based on leaving all trades unattended and achieving no wins or trades at all, this came to £29.16 when really the greatest deficit I could envisage was only £10.82 giving a ROI of just short of 20%.

Cross Functionality, or whatever you want to call it, means I can be a bit more focussed, or is it lazier? Oh, and by the way, £26.76 to go!

Cheers

Andy

Another Go?

Time has been against me for… over a year? Well I didn’t realise it had been that long since I last posted.

I’ve not been inactive but have been unable to do any serious trading for a long time, the job is keeping me from it. However I have “kept my hand in" on a few things.

Last weekend I was doing some research on odds movement on football matches and stumbled upon something that may work for me, we’ll just have to see.

Anyway, I took the plunge today and renewed (for 1 month only) my Bet Angel Pro subscription and tried the strategy I’ve been looking at. Producing a net gain of £1.19 (an ROI of 8.95%) it seems to have worked, well for today at least.

I’m planning to have another go tomorrow if time permits. I need to as I’ve still another £28.80 to recover the cost of 1 months BAP subscription by the 18th April.

Cheers

Andy

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