Today went really well, until the last couple of races, I knew it was happening to me but felt compelled to carry on trading, earlier in the day instead of my normal lay to back bets, I started by backing to lay and instead of £10 stakes I was using £100, the profits were rolling in, between £2-5 per race I was loving it and just kept banking the profits and things were good... When using bigger stakes obviously bigger losses will happen I got caught out with £10 loss as I couldn't recover the loss and was thinking clearly and went into the next race and lost a further £7, so with my bank at peak today of £137 I currently have £120.58 in my betfair.
It was like a snowball effect and I didn't feel like I was in control of my trading nor emotions, I suppose this is why I want to aim for moderate amounts per day, so that I don't get overwhelmed by the massive 30% increase. So with 3% the daily goal I still feel like I could make more but need to stop at max of 10% daily gain. I can take some positives from the days trading and try to get over the negatives, to not use stake that are to extreme to my trading account and be sensible and employ the techniques that have got me this far.