Tag: P&L
It’s not just about the big stuff
As Ascot fades into the distance you could be forgiven for waiting for the next big meeting, but it’s a fact that big meetings are the icing on the cake on the racing calendar, rather than the meat and potatoes.
Around 75% of racing doesn’t not fall in the ‘quality’ category so in fact a lot of the time a professional trader is simply trying to get something out of the market from whatever is around at that moment. In …
Profits and (losses)
Last week I got a few comments about P&L’s I’d posted up; this is quite common.
I was asked more than once, what stake did you use to achieve that? But there are so many ways to answer that question. You could have a hundred different answers depending on how you trade. If you don’t understand this answer, have a deep think about it.
A debate also broke out on the forum about posting winners and losers. My view on …
Winding down..
We are well on the run in now for the Xmas break now and this are going to get a little quiter as the week rolls on. Quieter apart from at home because the kids are off school now! Racing comes to a close on Thursday and there is no racing on the Friday or Saturday.
Plenty of decent racing on the Saturday just gone and it proved a good days trading. Best result of a good bunch came from …
That’ll do nicely
I had a feeling Saturday would turn out to be an interesting day, so I pulled out all stops to take advantage. I did well and it was a real pleasure to net my best day ever (At least before commission).
I managed to pick up a lot of decent results from a wide spectrum of events on both exchanges. Thanks to favourable commission rates and favourable liquidity conditions on Betdaq, it meant I found it pretty easy to beat …
Dilemma
It’s just gone 08:30 on Wednesday morning and I’m up over £700 on the day already. On Saturday, I sat down to do a decent days work on the exchanges. Across both I earned somewhere between £3.5-4k which was similar to last year, slightly higher as Betdaq is contributing more than it did in prior years. What’s my point?
As you are probably aware I’ve been doing this for over a decade now, have collected a ton of data and …
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