Sunday 8 February 2009

Absolute Disatser

Result since last update -£13.24

Everything I have touched has simply gone wrong.

£10 of the total loss came from two under 2.5 goals bets in the Portuguese league.

Biggest horse racing loss of £1 came while testing the latest version of Gruss's betting assistant. I reversed the ladder as usual but when I clicked on the pink column to Lay I found this backs instead.

On the trading front I traded 15 races losing 11. What I did was after my successful outing last week I decided to read a lot of technical analysis articles to tweak my systems and possibly avoid losses. The end result I turned a winning system into a loosing one. I guess the answer is to go back to the system I used last week. Today when I did the bulk of the trading my talk talk broadband packed up for the first two hours meaning I lost 50% of the racing. From there I just couldn't recover and my timing was always slightly off. Exiting bets too early or hanging on too long. I lost 5 ticks on 3 races which meant my stops got hit and the trades never went my way as I use a 5 tick sliding stop. Anyway I will study those races to see what I can learn. I am dissapointed as mentally I wasn't with it at all.

Anyway I have resolved not to trade when there is only 1 meet as it is just a waste of time .

I probably will do some trading Thursday or Friday using Logmein at work

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