End of month round up

I suppose the time has come for an end of the month round up. At the turn of the year I had £12.14 and today I have £101.79, this gives a total profit of £89.65, I traded 311 horse races giving me an average of £0.28 per race, I have said previously that its the little wins that soon adds up and seeing them in black and white just reassures me that my discipline, determination and effort has all been worth while.

Good Luck

Keep it green

Betfair Upgrade?

Betfair have carried out site maintenance, well what I would like to know is when are they going to finish it, I made more than £1 in the only race I am going to trade today, it was like pure guess work as the lag on the screen was so bad, so I have given up and don't want to risk any money until its a bit more stable. But good luck if your are carrying on this afternoon.

Betfair is back after maintenance

Well it appears Betfair is back now after some scheduled maintenance, let hope its ok for a good days sports trading

Bigger stakes = bigger returns or bigger losses

Today I learn't two lessons, one more important than the other-

1. As stakes increase, so do the size of losses.
2. Don't trade when you was out all day and night on the previous day.

I have logged out of The Geeks Toys and decided that I will accept what has happened and will not be trading on the day after a few too many beers again.

People say there two kinds of trades in this game- those that give you money and those that give you information. Thanks for the info lol

As I have worked hard at trading to get to £100 I am not going to risk it, so I am treating today as a day off and I still managed to turn a profit, even it was only 41p, still better than a down day

Good luck

Keep it green

£10 STAKES

That's right I have passed the £100 mark in the last few minutes and now I will trade on £10 stake until my bank reaches £200, also I am adjusting my daily target to 4% but if I feel I can go further and likewise if its not achievable I wont chase it. Not doing any more trading today, will get back on it tomorrow.

Keep it green

Trading - Friday close bring new highs

Really feel like I am getting into the swing of this new trading routine, that I have got going here each day, its goes like this

• Scalp a horse and hedge
• Assess the market for any gaps
• Decide whether to get involved or minimise the race
• Wait for Countdown clock to sound, (those with The Geeks Toy know what I am waiting for)
• Close race and move onto the next

The pic I posted kind of contradicts what I have just wrote as I was trading away and had a loss on one horse and had moved to another one, when as soon as I placed my lay bet the market spiked upwards and I closed for a bigger than average profit, my trading bankroll is nearing £100 and I am concious of being at such a milestone as previously I have struggled with the increased staking and bigger losses to face, they are the same size losses proportional but obviously have a greater value when using bigger stakes. So I will see how I go over the next few weeks.

Total profit today was £11.20 from an £87 bank, not bad returns that I think.

Keep it green

New page, new article on trading

See post above in title bar

Made a bit more money on the exchange today

Well when I say a bit, I mean more like 15% of bank today and it feels like a good return for sitting here watching ladders go up and down all day. I suppose that I only feel this confident as its something I can do everyday, at the moment that is, I think I would rather be in full time employment than living off what I have, but hopefully I can tip the balance and start taking a 'wage' so to speak, I mean even if I was withdrawing just £15 a day, its £450 at the end of the month, and obviously hopefully it wont stay at £15 a day if I am also trying to increase my bankroll by 1% a day.
Apart trading does anyone else you use Matched betting to supplement there bank growth as I have done most of the offers a few years ago, but I see BET365 have daily promo where they refund your stake if you lose, so is there a way of over/under laying on betfair to guarantee a profit, sure its something I have read in the past but don't know where.

Anyway that's me rambling on I went through today quite well but came a cropper a few races before I stopped as I lost £1.54 on one race, is tiredness kicking in, over confidence creeping in or me just being lazy? I think I am going to start making myself take break every hour and half I think just refresh myself.

Goodluck

Keep it green

I posted an article on this blog today, you can navigate to it from the title bar at the top of the page.

19 Markets Later

Yes that's right 19 markets later, I am £5.46 better off, although the majority of today went smoothly I always seem to start off fidgety and make silly mistakes, for example I made £0.19 and £0.28 in the first two races, not massive amounts but good for me, I then went and lost £0.81 in the third race, its like I need shocking into play (not inplay) to make me feel like I am sat here to do something, is it common that traders do better when they are in recovery mode, apart from that it was good to see the profits slowly dripping into my account

Goodluck

Keep it green

Daily assessment

With five horse race meetings today, that will provide plenty of trading opportunities, but not too sure I will be trading all of them as one is a early evening meeting and doesn't finish until 1935. So whatever you are doing to today, I hope it goes well.

Goodluck

Keep it green