At the risk of tempting fate, I'm pleased to say that the lay system is slowly recovering from the big hit it took on Tuesday having recovered nearly half of the losses. Hopefully the trend will continue over the next few days.
I'm still staying away from the trading but taking the opportunity to think about what to do next. I'm likely to start another 'trial' which I'll discuss later once I've got all the details sorted. It will be aimed at getting me back into longer term trading of the horses and away from scalping which I have fallen back into this month and something that has been shown time and time again I'm not good at.
Other than that, there's not much to report. I'll save it all for my monthly summary this weekend.
Friday, 30 July 2010
Tuesday, 27 July 2010
Not So Glorious Goodwood
Yesterday I mentioned that I felt I had dodged a small bullet with my lays. Today, I was hit full in the face with the shot from a blunderbuss!
When I embarked on this lay system trial using real money, I fully expected to have the odd bad day. Today it arrived big time losing 20 pts over eight races.
The tone for the day was set in the afternoon at Goodwood with me finding the winner in the three races I had lays in at the West Sussex course. I had one successful lay at Beverley to leave me some 14 pts down as I moved into the evening cards.
When I embarked on this lay system trial using real money, I fully expected to have the odd bad day. Today it arrived big time losing 20 pts over eight races.
The tone for the day was set in the afternoon at Goodwood with me finding the winner in the three races I had lays in at the West Sussex course. I had one successful lay at Beverley to leave me some 14 pts down as I moved into the evening cards.
Monday, 26 July 2010
Marching On
I'm pleased to say that the lay system I've been working on is progressing nicely. Unfortunately I was away for the weekend and missed out on 16 points worth of profit - which I haven't included in the running total in the side bar.
Today was a little less rewarding with only 1.9 points added to the pile, and even then, that was down to the last race where, after the previous seven in which I had lays, I was, believe it or not, all square. Still any profit is always welcome.
Today was a little less rewarding with only 1.9 points added to the pile, and even then, that was down to the last race where, after the previous seven in which I had lays, I was, believe it or not, all square. Still any profit is always welcome.
Thursday, 22 July 2010
The Experiment Continues
Back on the laying trail once more today and another profitable day. 7.4 points to be precise, though the total for the day was slightly less than that due to trading those races where no lay picks were involved.
I wish I knew what was wrong with my trading. It really has gone to pot this month.
Anyway, much of my monthly deficit has been recovered through the lay system so here's hoping that continues. Progress will have to wait a few days though as I have other commitments over the weekend.
Good luck to you all for the weekend and in the meantime I've started posting the lay system running total at the end of each update for anyone that is interested.
Lay system running total since 20 July: 21.1 pts (Note: I've now stuck this over in the side bar)
I wish I knew what was wrong with my trading. It really has gone to pot this month.
Anyway, much of my monthly deficit has been recovered through the lay system so here's hoping that continues. Progress will have to wait a few days though as I have other commitments over the weekend.
Good luck to you all for the weekend and in the meantime I've started posting the lay system running total at the end of each update for anyone that is interested.
Lay system running total since 20 July: 21.1 pts (Note: I've now stuck this over in the side bar)
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