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Something Has To Change

7 October, 2016 by Danny Cutts Leave a Comment

I have been doing this Betfair trading for a while now, and I seem to be getting worse at it than I did when I first started. It seems the more I know the worse I trade… How is that even possible?

Everything I seem to do seems to go against me and then there have been a couple of races when the odds just start bouncing all over the place, and I make a big loss. It does start to wear you down, and I am beginning to doubt whether I can make it as a trader which I know is a dangerous mindset, so I am trying to stay positive but I feel like I am just gambling and that is not what Blackhat Betting is about.

Last week I ended the week on a pretty good high and this week is going to end on a loss and based on the last day I traded where I lost £30 and today’s loss on top of that…

There have been lots of comments on Youtube that I really appreciate and so please keep commenting as I think this is pretty much the main driving force of me continuing as I feel like giving up will not only be letting me down but everybody that has cheered me on so I am going to stick with it and I am going to try my hardest to make it work.

I am actively looking for a trader that I can go and see and watch trade and act as a mentor and guide I think I need over the shoulder guidance just to get me moving in the right direction. I have watched hours and hours of videos on youtube, and it has helped but I am missing something, and that is what I think I need.

Failing has never been something I do, and the nearer I am to failure the harder I push. I am not after making massive sums of money like Peter Webb just a profit at the end of each day would be good. I already make a living online, so I don’t have those sorts of pressures but I showing a profit would be good.

The wins I see are small, and the losses are big, and if I could stop the stupid big losses, then I will be on the right track. Learning to trade is the single most hardest thing I have had ever to learn and I reckon training to be a doctor would be easier or even an architect but let us crack on and see what I can do.

If I can learn this and suss it, then it will be a skill for life, and I am sure it will set me up for the rest of my days… we shall see how that pans out.

Profit and Loss for Today's Trading

Enjoy the videos and make sure you subscribe for more videos and literally watching my journey as I try and learn to trade the Betfair markets and also see how close I can get to making £50K in a year from Betfair.

Today’s Stats

Traded 29 Races
Won 17 Races
Lost 12 Races
Overall profit/loss -£22.85

Filed Under: Horse Racing Systems, Sports Trading, The £50K Challenge

About Danny Cutts

I'm a full time online marketer, I make my money from affiliate marketing and from selling advertising space on my web properties

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