• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Us
  • Contact Us
  • Block Examples
  • Landing Page

  • News
  • Internet Marketing
    • Affiliate Marketing
    • Forum Marketing
    • adsense
    • CPA
  • SEO and SEM
  • Reviews
  • Tools
  • Tutorials
  • WordPress
  • YouTube

That One Loser That Screws A Days Trading Up

24 September, 2016 by Danny Cutts 1 Comment

I was confident when I started today, and the first 5 or so races went well, and I saw a profit and then boom. One race I was £2 up and doing great, and then it flipped, and I was then chasing a loss that just got worst and worst, and so I greened out with a loss of £6.74 which is huge for the stakes and the wins I was seeing.

Even when I was chasing the loss, I knew it was going to end badly, but I could not just walk away. I had to keep clicking, I feel like such an idiot, and I have tried not to beat myself up over it, but it is hard to when you know how much of a pratt you were.

Day 9 Profit and Loss

Anyway, let’s move away from that crap loss and take a look at the day in general, and I have to say that I was quite impressed with myself today.

I traded 26 markets and only lost on 6 of them which is really good I think and if this rate increases then I should start seeing a profit very soon. The six races I did lose were not big losses either just small ones other than the £6.74 the other big loss was £0.21p, so I think I am making headway.

The last three losses of the day were because I was tired and I could feel myself struggling as I had been concentrating pretty hard on the racing today and it was taking its toll, so I decided to finish up early and get this written up instead.

I also bailed out early on a few trades against my better judgment one to give me a small loss, for it to tank back. I would have seen about a £3 profit if I had some big enough balls. The other losses were when I would get greedy and try and hang on against all the signals to make not a massive profit as I should have done.

I ended Up today with a total loss of -£5.25 which is not too bad… Lets hope the next day is better.

What have I learned from today…

  • Don’t chase losses
  • Don’t bail out if the signs are saying not to
  • The trend is your friend
  • Don’t be greedy

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

Reader Interactions

Comments

  1. submerge says

    18 November, 2017 at 3:05 am

    Keep on wo?king, great job!

Leave a Reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search

More to See

That Is The End of That Then

13 August, 2018 By Danny Cutts

So close but so far

11 August, 2018 By Danny Cutts

100% Strike Rate Betfair Horse Automation

11 August, 2018 By Danny Cutts

Another day of losses

9 August, 2018 By Danny Cutts

Back to the Horses Automation

8 August, 2018 By Danny Cutts

Savage Losses On The Greyhounds

7 August, 2018 By Danny Cutts

Greyhound Bot Did Well

6 August, 2018 By Danny Cutts

Still Profit But Sketchy

5 August, 2018 By Danny Cutts

Footer

Text Widget

This is an example of a text widget which can be used to describe a particular service. You can also use other widgets in this location.

Examples of widgets that can be placed here in the footer are a calendar, latest tweets, recent comments, recent posts, search form, tag cloud or more.

Sample Link.

Recent

  • Sports Trading
  • Better Day Trading Horses On Betfair
  • Going In Play Epic Fail
  • Better Day Trading The Horses
  • 13p Profit… YAY

Copyright © 2023 · SiteMap · SEO & Design By Davlic Media ·