Daily Profit £120.43
Today’s profit is an accumulation of my profit from the golf and from an hour and a half of trading on the horses today.
The golf didn’t go exactly to plan today and none of my men made a move on the leaders. I laid off a bit of Noren at 46 today, so I ended up with a profit of £42.40 from the golf. Obviously, I had about £110 green yesterday morning if I traded in my bets then, so it’s not a great profit.
I don’t regret holding on to my bets until the final day as Ian Poulter was in the same position as Noren before play started and traded below 3 today, so it could have easily have been Noren and not Poulter who made a charge up the leader board. A profit of £42 is not to be sniffed at though in times of need, so I’ll happily bank it!
Right, on to more important things…..
I traded 10 races today. I had 8 profits, 1 losing race and 1 break-even. Importantly, I managed to pick a winner and it makes a large difference to my P&L when there is a winner thrown in there!
My loss was really annoying as I fancied the Pipe horse in the bumper and it drifted wildly before the off. I took my medicine though and took a £20 loss on the field before the off, so I can’t complain too much.
I traded pretty well again though and most of my horses ran well, so I got a profit in most races. I’m guessing if I greened up I would have won about £30, so I did pretty well to make nearly £80.
As I have been saying for the last week or so, I feel like I’m trading better than I have ever been but I keep making silly errors that cost me large amounts. On reflection, I traded very well yesterday and to have lost £180 is unbelievable. This month has been littered with at least 6 losses of over £100 in single races and that’s what has killed my profit level this month.
If I can cut out these silly losses, I’d be back to making decent profits again……
Thanks also for the comments for yesterday. I’ll reply to them tomorrow at some point.
Lastly, when I go into work tomorrow, I’m going to ask for 3/4 afternoons off this week to allow me to trade. I have a few holidays to take at work and taking a few afternoons off to trade seems like a worthwhile thing to do. I’m not sure if I’ll get the afternoons off but I’ll let you know when I find out!