Well Sunday was a nightmare of a day. I broke two of my rules and ended up trying to chase my losses in the second half of the England Vs Japan football game, which I have not done before. I guess because I wanted to end the month on a high, I lost my focus and concentration and ultimately became too greedy. The rules I broke were:-
1) Never lay the draw at odds of more than 5.0 (I layed the draw at 6.4, I was convinced England would win)
2) Never trade on the over 2.5/3.5 goals markets in the second half of a match
As a result of this I lost ~£88 on this match.
However, on the plus side I responed well and got my focus and concentration back for the Dag Vs Rotherham play off match. I kept to my normal trade sizes and did not try and chase my losses from the England match. As a result I made a profit of ~£33.
So overall for the day I made a loss of -£56.28.
On Monday, the final day of the month I ended the month on a positive note by making a profit of £10.14 on the french open tennis. I used the back the server method and the 15-40 or 0-40 methods, devised by tradeshark.
So overall, a good month, slightly spoilt by the Sunday loss of focus.
However, I made a profit of £174.13 for the month.
Until next time, take care folks
A profit is allways a profit!
ReplyDeleteI guess sometimes not breaking rules, or chasing losses is more difficult that tradinf itself!!!
Yesterday a made a little of paper trading on a tennis match from Roland Garros and it seems I would have made a total profit of about 1€ with several 10€ stakes...
Could this be considered a 10% profit? Or because I made several trades, I must take account of all the money I staked in the game?
I tend to look at return on investment per trade. So if I get £1 back from a £10 investment in one trade, I would class that as a 10% profit.
ReplyDelete