September
September was pretty much spot on where I thought it would be, which is encouraging. I got off to an indifferent start but picked up speed as I went along and finished on a high. Nothing amazing stood out in September and I completed a quiet transition away from the evening racing. The only notable thing was that my strike rate slipped year on year for the first time in a while. I have tweaked a few things recently, so that is not entirely unexpected. I recommend that you always take time to experiment and look for new ideas. If you don’t you could lose your edge or miss a new opportunity.
So far the year has been much more positive than I imagined so I am set up well for Q4 now. If I can safely navigate through this month, then I will approaching last years total. This has surprised me, the market is more competitive than ever and full of new advice givers on a daily basis. I guess there is a message in there somewhere!
The passing of September sees us slip into a quieter period on the UK horse racing scene so my expectations are lowered as a result. I’m am enjoying getting down the Gym more often and catching up with friends and other traders now there is less time pressure. If you have been doing this for any length of time, you pretty much live from month to month as far as results are concerned. You can never be guaranteed that what worked last month will work again this month. Having got through the bulk of another year is very satisfactory. As I head through my 11th year I am more confident than ever that I truly understand how the market works. All that hard has put me in a good position to cope with whatever the market chucks at me. Of course there will always be complete unknowns and it is those that will eventualy disrupt things. The biggest threat to the way Betfair works, is Betfair itself IMHO.
This month is off to a flyer thanks to a good weekend. The highlight of course being the Prix de l’Arc de Triomphe. That went well, as did the other racing, so hopefully I can build on that now.
Category: General
