Wednesday, 26 September 2007

Red figures

The stats are bad as you can see below. My system did not hold. So I got smashed back to the ground. BUT (as always) I have a new idea on trading the horses which I implemented to the last trading day. Made a decent profit of about 20%. It could have been more if had greened out every race! I have too keep more disciplined on that point!

Hope to continue that (new) start but I will not trade until Tuesday because of not beeing home for that time.

Hope you all do good trades!

Friday, 21 September 2007

Quick update

I had traded 7 races yesterday and the last one was very thrilling because my bet was not traded out during the race.

Apparently I had a bet on the very favorite horse. So there was no reason for other bettors or traders to doubt a win for that horse. Just in the very last second another horse ran to the finish beeing the first (which I did not know at that moment) and the crowd could not react that fast to take my green-out position. Then the market was suspended but reopened as there seemed to be a photo finish. I put in my green-out position and submitted as the market turned into suspended mode again. The winner was ascertained. My horse was second and so I got all the money which I had on the green side.

Puhhh!!

The amount I won by the last race was about three times the win which I normally get when I trade out during a race.

Wednesday, 19 September 2007

Hmmm... stuttering start!

On 2007-08-17 I was up to 237€ and finally fell down to 80€. Today I was actually down to 40€. I could compensate my losses and win them back. There were a lot races that went against me. VERY strange as I think this is very abnormal.

I hope to do some trades tomorrow.

Cya!

Thursday, 13 September 2007

Down the drain

My bank was up 96€ when all my money went down the toilet. I aimed to get my the target of 120€ for that day and I nearly had it done. The last trade on which my tradeout position did not get matched already seemed very suspicious to me ..."nursery". I hadn't trade such a race before and I really thought of greening out my position before the start. There were enough opportunities. But I didn't. So I got caught once again. New balance is: 0.10€.

But nothing wrong. I think with that strategy and the money management I thought of using by clearing ~200€ is very well. I had done 96€ out of 4€ from the start by trading about 5-10 races every day. So by staking a little more intelligently I would have been in the game very well still earning money! This example has just been used by me to find out how many consecutive trades can be made that turn into a green.

Therefore I have transferred about 120€ to my account. The money might be in my account at the weekend or on monday.

My new horse-racing system has to be tested!

Wednesday, 12 September 2007

Result for today

I am really busy so I can not write a lot. It is just going well. The percentage per day is very high.

I plan to use my new staking plan by about 120€. I hope to achieve that amount in a few days. Maybe until the weekend.

Cya all

Monday, 10 September 2007

Some horses

Had a busy day and therefore I only got involved into 7 races. Result as follows:

I hope not to get broken until I have achieved about 200-300€ ;) ...because then I will change the money management!

I am excited!

Sunday, 9 September 2007

Randomness of soccer

Again, soccer banged me out... down to 3.94€. Three goals in a short timeframe. DAMN!!

I then watched out for the horses and traded them since then. I hope to build up my bank again. As it seems now it was a good run:

Cya!!

Tuesday, 4 September 2007

Conclusions...

Well, well, well I think I know the mistakes I made on the last betting day. I chased! ...not in the way you think but in a structured way which I think was / is not very clever ...and will not be in future. All in all I doubled my stake to get the money back I had lost on my first trade. I will not do it again. If a mistake (wrong trade) happens... then it happens and I will not get furious!! I just have to get the money back by trading concentrated. Further on I switched to other matches which I did not watch. So this won't be done in future as well.

By following new rules this is the result for today:

There was only one soccer match that was inplay (Oxford - Exeter). I traded the over/under market and greened out. Then the third goal went in. Afterwards I tried the 3.5 over / under and had a little green on the under market but during injury time the fourth goal went in and left me a +/-0.00€.