Thursday, 2 February 2017

Fantastic February?


Well January was a bit of a crap month in terms of profit but hopefully February will be a bit better? It certainly needs to be otherwise I'll be going well skint!

My weight has rocketed up since I moved down here and I have gone from a well skinny 80kg back in May to a whopping 92.7kg!! It maybe has something to do with the fact that I now have a load of decent boozers literally right on my doorstep and I've been making most of that fact!

The live music scene down here is fucking brilliant but that has meant that I've been propping up the bar most weekends and drinking 6-8 pints of lager when I venture out! To be honest that's probably not the smartest idea. I also have an Iceland and Asda store (amongst many others) quite close and I've fallen in love with scones and frangipans and I'm scoffing the tasty fuckers by the dozen!



Therefore it's now time to get back on the decent diet alongside regular training. I've joined a cracking local gym and in addition I've started spinning and cycling again. I'm hoping to get down to 85kg by the end of February and also have a few more quid in the bank!







01/02

+£194.36. Well a much better start to the month. Nice steady trading was the order of the day and the medium sized wins soon added up to a much needed nice profit.






02/02

+£119.18. It turned out to be quite a busy day today, which makes a change, and once again I managed to get into 3 figure territory, which is always nice.

Here's one from last Summer when I was a bit leaner ...






03/02

+£38.85. It was all a bit of a struggle today and I always seemed to be playing catch-up. So at the close of play I was actually quite pleased just to finish ahead for the day as I'd like to get a good run of profit going in February if I can ...



04/02

+£22.24. I was busy today so only had the opportunity to trade a few races ...



05/02

+£48.59. A very quiet Sunday where I only managed to trade 13 races.



06/02

+£102.10. Back into 3 figure territory again which wasn't too bad or a Monday with only 2 meetings!





07/02

+£21.86. Like many others I still can't quite get to grips with Newcastle but any profit on a wet Tuesday in early February is a bonus I suppose ...



08/02

-£265.75. I had one of those days today where everything I touched turned to poo! The damage was done in two races where I got caught in very fast moving markets. On both occasions the market swung violently against my position and there was not enough liquidity to get out of my trade so I was left chasing prices and lost £100+ in both races. It then seemed as if I was banging my head against a wall as I continued to get in bad positions and only quick exits saved me from losing a lot more.

Now I've mentioned before that days like this are going to occur and it's just a case of knuckling down, keeping as calm as possible and trading sensibly. Tomorrow is another day ...



09/02

+£247.12. My fortunes swung 180 degrees today as I was gifted an early win of just under £200 and the world seemed like a much better place! It was then a case of chipping away with the main emphasis on not making any errors and taking safe positions in the markets.



10/02

+£49.70. It was a bit of a mission trying to trade Southwell and Newcastle as I just can't seem to get to grips with those tracks. I ended up nicking pennies here and there and then journeyed out to watch a local band and consume a few beers!



11/02


+£33.92. I only had the chance to trade 6 of the early races today as I was off out in the evening so at least I got a handful of beer tokens ...



12/02

+£197.71. I was pretty much chipping away on a grey and gloomy Sunday afternoon when once again I was gifted a nice win which helped a lot with the final P&L figures.



13/02

+£33.99. At last we had some sunshine today which made the day much more pleasurable but unfortunately made no difference to my measly profit!



14/02

I actually had a day of today and spent some quality time with some of my family who came to viit down here in a rather sunny and pleasant Ramsgate. Roll on the Summer!



15/02

+£88.10. A pretty bland card today and I wasn't expecting much but managed to get a good result in one race. This once again helped the P&L get somewhere close to being respectable, at least for this time of the year.



16/02

+£314.90. A much better day today and that will help pay a few bills!



17/02

Decided to have another day off and go to the cinema for the fisrt time in over 30 yearsnand



18/02

-£21.71. One of those Saturdays where I was making hardly any progress and then managed to drop the best part of £80 in the first evening race at Kempton doh!



19/02

-£10.87. I was making a meagre profit and then dumped £60+ within the space of 10 minutes to end the day slightly down again double doh!



20/02

+£3.44. My concentration was all over the place when racing started as I was dealing with other issues so the day was a bit of a waste really ...



21/02

Another day off ...



22/02

+£98.37. A day of small wins here and there ...





I was in two minds on whether to venture out for a beer but there was a jam night on in one of the local bars so thought 'hey, why not?'. The entertainment was nothing short of superb and I even managed to get a pic with the great Linda Lewis who belted out a few numbers along with Duncan Mackay on trumpet and Ivan Hussey on bass! Fucking brilliant!



23/02

+£75.36. Small wins here and there ...



24/02

+£85.34. I had one win of £50+ late on in the day and this was accompanied by tiny wins every now and then but thankfully no big loses.



25/02

Had  day off today and went out drinking in the evening and watched a band in one of my local boozers.


26/02

+£40.49. Sunday today and I missed the first few races and only traded 10 races in total so it was one of those days where something was better than nothing!



27/02



28/02





































Saturday, 31 December 2016

5 Years!


Well how time flies when you are having fun eh? It's been just over 5 years since I started this blog and I thought that this might be an opportunity to look back over some of my posts and see exactly what I have and haven't achieved ...





OK, I didn't win £200K in one year but to be honest things changed quite bit during 2012 in relation to trading on Betfair. Making a decent profit became significantly harder with seemingly ever decreasing liquidity along with less opportunities, maybe down to the fact that there were more shrewd traders out there and a lot less 'mug' money about to scoop up.

The whole reasoning behind setting the target was so that I would have enough money to move to the coast.  In my post of December 2011 I posted this picture ...




Well 5 years later this is the view from my apartment!!




So, albeit a bit later than expected, I made it down here!





I am in a much better place now, both physically and mentally. I've hurt people along the way, but life isn't a bunch of roses. I realised late in life that if there is something out there that you want then you sometimes have to be somewhat selfish, self centred and focused and grab opportunities with both hands. Trading can be a lonely game and sometimes you can lose contact with the outside world and become isolated in your own little bubble. I have found peaceful solitude, a new purpose, new friends, new local pubs and love.

I did struggle somewhat with my emotions towards the end of 2016 and I've experienced wild mood swings of being hyperactive one minute and crying my eyes out the next. Thankfully I now feel that I have moved on and the sadness has been replaced by a happiness and a sense on fulfillment.

I received quite a few supportive emails over the last few months and here are a few of the many that I received recently that meant quite a lot to me:


Dave, this is one of the best betting/trading blogs on the web — at it's best, it's among the very best.

My in-running methods aren't the same as your own — I only wish I could expand my skill set to include your race-reading ability.

It's been difficult to read about the massive challenges in your personal life, you really do have my sympathy.

I finally gave up women as a lost cause a few years ago. I now live on my own and I do what the fuck I want. That used to include drinking (almost) as much as you used to, but thankfully that's now (more or less) under control.

One suggestion that I could make is to really minimalise your life when you do move into your new property. Get rid of just about everything that you genuinely don't need, they'll only retain bad memories.

Of course, keep your bike — if you do make it down to the south coast, and I hope you do, then what better way to spend some spring and summer mornings before racing starts. The endorphins will help no end.

Downsize your life as much as possible, and keep your spending similarly low. Of course you'll have rent to pay, but hopefully you can invest your share of the proceeds from the sale of your London property, and the income from that investment can make a contribution towards your rent.

As I'm sure you'll know from trading days when you weren't doing so well, if you trade under financial pressure then you're trading with scared money and it'll show in your results.

Your results in the first part of 2016, before your personal problems came to a head, are quite simply superb. You're a master of your profession.

Even when PC2 kicks in (hopefully at 'only' 40%), if you're not spending money like an idiot then you should be able to live quite comfortably.

We're all different, but personally I found that the worst time I had when my life turned upside-down was in the immediate aftermath. Once I accepted that it was so, things really did improve. Now, at any given time I can choose to be social, I can choose solitude or I can mix and match. I think you'll enjoy that.

Please keep up this blog Dave. You might not fully realise it, but you've actually got a lot of friends out there who have been dropping in to see how you're getting on, whether they're occasional or regular visitors.

Best wishes for 2017, both in your personal life and in your trading.



And ...

Great to see you're around and still trading Dave.
Look forward to reading your blogging again - it keeps out spirits up to see a fellow trader slogging through this game. Hope things are as good as possible otherwise too, though I know you've been through some difficult things on the personal life front. Must be difficult to keep focused, but I'm sure you will let us know how things might have changed when you get the time/inclination again. Funny thing is I think in this game we're often a set of people who have slightly odd personal lives or backgrounds, and we end up with trading because of that. I know I am not a traditional lifestyle type of person (though I do have a woman and kids).

Anyway, chin up and keep us up to date with goings on when you can.

All the best christmas/new year cheers,



And ...

Great last few days mate considering what you are going through.
Keep going, stay profitable, keep blogging as I love reading it. Nowhere near the same level as you but maybe one day. If ever you are up in the grim North West, Blackpool, Cleveleys give me a shout and will will have a beer or two and put world to rights.




And ...

Fucking Hell mate, hope things pick up for you. This blog has made me laugh and learn over the years. If your head's not right then lay off the Hoegaarden cos booze just makes things worse. Having said that, I hope to read more of your drunken adventures when the good times return. All the best mate. 


Thanks for the support guys! Now it's time to crack on and see what 2017 brings!

The GoPro is on charge and it's off to the beach at 11:00 to watch the local loonies do the New Years day dip where a load of kind hearted souls plunge into the icy sea water to rise money for charity! Videos to follow ...



01/01

+£82.74. The first day of the year and it was quite a strange one (apart from the fact that I was up at 06:00!). Yes there was plenty of racing but this severely affected the in-running liquidity, especially on the Irish races, which was pretty much non-existent as I found to my cost in one race.

I did however journey down to the beach this morning to watch a bunch of local brave souls raise money for a good cause by rushing into the freeing sea water for a New Years day dip!



02/01

-£140.10. I wanted to get my arse out of bed at 06:00 every day but my alarm didn't go off this morning to I had to settle for a 07:20 start. I fancied doing some long overdue cardio so I headed down to The Rainbow Steps and knocked out 13 times running up and walking back down!





And as for the trading ... well it was pants! I hate Southwell but actually got destroyed at Plumpton doh!



03/01

+£125.90. I was up at 05:55 and fucked about doing housework before driving to my new gym for a really good leg session. I managed to squat 4 deep reps of 90kg which although is quite light (I've done 15 reps of 140kg back in the day with  max of 180kg) was also quite pleasing.




Not surprisingly my weight has ballooned up to 88.8kg from a low of 79.9kg in the Summer. However, I was 95.3 kg this time last year so I'm still happy. Plenty of people said that I looked well too skinny at sub 80kg so maybe a target of 82kg with a bit more muscle and less bodyfat should be this years goal?

And on to todays trading .... Well a quick check of my bank balance this morning had me gasping for breath so I really do need a decent couple of months to replenish the money that I have spunked moving down to the coast. Despite the fact that we only had 3 meetings the result wasn't too bad and if I could string a few winning days together I'll be slightly happier!



04/01

+£31.66. I was back down the gym at 08:30 for a good chest and tricep workout and today's trading was just as tough. It feels as though it might take me a few days to get back into the swing of things. I still have personal issues to deal with and my sleeping pattern is all over the place but hopefully I can get things sorted and then crack on!




05/01

-£16.19. I was up at 06:00 again and took a stroll along the beach. It's a completely different way of life down here by the sea and I even felt compelled to get the camera out and take some snaps. On the way back I snapped this image which I kinda like ...







06/01

I was out and about today so didn't trade ...



07/01

+£191.66. Saturday and at last a much better day!



08/01

+£472.58. Sunday and an even better day!



09/01

I popped back up to London today so didn't trade.



10/01

-£46.65. I was busy today and only traded few races but managed to knock out the best part of £50 doh!



11/01

-£25.23. A bit of a struggle today. I managed to lose over £100 in the space of 30 minutes midday so a loss of £25 wasn't too bad at the end of the day.



12/01

-£40.50. It's never nice to have 3 losing days in a row, no matter how small the losses.



13/01

+£175.97. A bit of respite from losing every day!



14/01

+£7.61. I was out during the day so I only traded a few of the evening races and won enough for a pint!



15/01

+£27.42. A boring Sunday with only 2 meetings.



16/01

-£0.19. I was seventy quid in front on a wanky Monday and then managed to throw it away in the last 2 races @ Wolves doh!



17/01

My Dad and his long time partner gave me a birthday visit and we went out for a nice meal which was much better than sitting in and trading on a Tuesday afternoon.



18/01

+£48.54. The winter months are always going to be skinny in terms of profit so it's just a case of holding on tight and waiting for the more lucrative months ahead.



19/01

+£64.09. I've managed to keep myself out of the pub for the last few days and I've had a couple of good morning sessions in the gym. So although profits are tiny my overheads are also relatively small.



20/01

+£17.85. I only managed to trade a few races today ...



21/01

+£36.99. It looks as if it's a case of 'sit tight and chip away' during January and look forward to the start of the flat and the increase in the number of races per day in the warmer months.



22/01

+£51.30. Only the one meeting today from Leopardstown so I'll take a quick £50!



23/01

+£68.88. I'm not exactly setting the world alight but these odd fifties and sixties are not too bad for the winter months.



24/01

+£31.80. I couldn't be bothered with Southwell today so only traded the 2 remaining meetings and they were pants ...



25/01

+£9.71. The gloomy winter struggle continues ...



26/01

+£7.59 ....



28/01

+£2.94 ...



29/01

+£105.05. At least I picked the right day to pledge 10% of my winnings to Cancer Research UK.



30/01

+£9.31 ...



31/01

+£10.16 ...




























Tuesday, 20 December 2016

Oh What a Jolly Xmas!


Yep I'm still here! Much has changed in my personal life and I either hadn't had the time to post or either it's not been the right time to post any updates. Suffice to stay I'm still trading and hopefully I'll be back in the New Year to put some much needed fun back into both my life and this blog ...



Monday, 7 November 2016

The Wheels Have Come Off Again! .... and Personal Training


What people don't realise is that when you have untold shit going on in your life then your work will suffer, If you do this for a living then it's so fucking easy for the wheels to fly off completely,





I've had so much fucking grief over the last few weeks that it's no surprise that I'm winning fuck all.

It's now 06/11 as I type this post and I haven't updated this blog for nearly 3 weeks. My P&L has gone totally tits up ...




I feel like crying ...





Personal Training

I am getting more and more requests for personal 1 to 1 training. I have thought about this in the past but I haven't exactly had the ideal environment in which to provide the kind of service that people require. However, when my move to the coast actually takes place I will possibly be in a position to provide this kind of service to those that may be interested.

My initial thoughts are to provide a 1 to 1 trading day that takes place in my apartment down on the south-east coast. It would ideally be a full day and it would give people the chance to see how I trade. This would include my preparation, hardware and software setup, my actual strategies along with how I analyze each race and the markets. I can also cover any questions that you may have and hopefully help iron out and problems that you may currently be experiencing. It could also include a beer or 2 in the evening, although I an now a tea drinker!

So if you are interested just drop me some feedback on here and if there is enough demand I might well consider providing some sort of personal training.



21/10

Didn't trade today ...



22/10

Didn't trade today ...



23/10

+£34.99. Traded 3 races and realised that I've turned into a right miserable bastard. OK I have a few life/personal issues going on but nothing to get stressed about! I need to lighten up and stop moaning all the fucking time ...






24/10

-£13.39.



25/10

Didn't trade today ...



26/10

+£23.74. Time to have a pic from the Summer to cheer me up ...






27/10

+£141.43. Some brief respite from the previous days of untold shit in my life ...



28/10

+£21.72.



29/10

Didn't trade today ...



30/10

+£3.88. Traded one race ...



31/10

Didn't trade today. I think that lazy bastard'itus is starting to kick in!






01/11

Didn't trade today ...



02/11

+£83.37.



03/11

+£23.24.



04/11

Didn't trade today ...



05/11

+£169.19. A fucking miracle!



06/11

-£148.79. Whoops!

I'm now into my third week of not drinking alcohol and to be honest I don't miss it one bit!






OK so it's probably easier giving up Hoegaarden when it's bloody freezing outside and it may be harder when the sun comes out again next Summer but I'm doing mighty fine at this point in time and cups of tea seem to be the order of the day!








07/11

+£140.63
. Almost recovered yesterdays losses!



08/11

+£57.73
. It's time to string a few winning days together ...



09/11

+£272.39. That's a bit better ...







10/11


+£33.60. It was always going to be tough today with the return of flat racing at Southwell which I just can't get my head around. Therefore the mission was to post any sort of green and although £33 don't go very far it was mission accomplished. In fact it was so boring that I had a mid afternoon 90 minute snooze and I was so tired that when I woke up I thought that it was the morning!


11/11

I actually went out socially today and even though I fancied a beer I took the choice not have one and I had several cups of tea and lemonade instead!



12/11

+£202.32. A relatively busy Saturday (for November) and I managed to trade 45 races. I was off to a good start and chugged along nicely throughout the day. There weren't many overlaps of races and that makes the day much easier to manage rather than rushing about which tends to happen if you get too many races during the day.



13/11

+£200.30. A typical Sunday where I only traded 17 races but the result was a good one for this time of the year and it continued the winning run.



14/11



15/11



16/11



17/11




















Sunday, 16 October 2016

Time to Move On


It's quite apparent that if I stay where I am I will slowly and painfully end up doing my cash, so it's time to move on, Unfortunately my wife hates me and wants to make my life a fucking misery so any plans that I had of buying a place on the coast are totally fucked.




Instead I am going to have to rent a place and hope that I don't have to spend too much in the process on furniture, appliances and general moving costs, fees, etc.




Somewhere along the line no doubt a solicitor, estate agent and property developer will make a shit load of money from us but some women just can't see sense and if it goes down that road so be it.




Hopefully I can get myself set up pretty quickly with Virgin super fast broadband and Racing UK and then I can crack on. It won't be the same renting and it seems fucking stupid that I could buy a place and have very little overheads but as mentioned above I've been forced down the rent route so will have to earn a bit more than usual to cover the expenses.



15/10

+£92.56. Fuck me I actually won today!



16/10

+£210.08. It's time to look forward and grasp the endless opportunities instead of staying still and slowly sinking in a pool of shit infested mud!





17/10

+£163.25. I only traded 24 races today but went along steadily after a good start. I took a backwards step to the tune of £60 in the 16:40 but immediately bounced back with a win of £80 in the next so I'll take that, especially after my recent trials, tribulations and associated poor run of form.



18/10

+£9.98. I was cruising along and nicking a few quid here and there and then dumped £120 in one race and ended up back at square one doh!



19/10

+£239.23. I concentrated hard today as I didn't want to make a midday balls-up like yesterday. I took advantage of someone else's mistake in one race and that helped boost the profits so it ended up as a fair effort.



20/10

+£73.67. I had an OK start today but then it was tough going. I made the choice to play cautiously so as to get another green session under my belt as it's important to keep that positive feeling. Sometimes you have to disregard how much you have won on the day and just concentrate on doing the right things and eventually the nice wins will come along.



21/10



22/10



23/10



24/10












Friday, 7 October 2016

The Struggle Continues


The trading has taken somewhat of a back seat recently as I try and sort my shit out! I've reached that point in life where there are things that I want, such as solitude and freedom and unfortunately these are not typically things that come with marriage. Therefore I'm probably heading off in my own direction and that means doing something that I have wanted to do for quite a while now, well since the inception of this blog, and that is to move to the coast.

Luckily the properties in Ramsgate are relatively cheap but I'm still not too sure whether or not they are cheap enough for what I want! Ideally I'd like a 3 bedroom house close to the seafront but as per normal it's always the case that you see something that fits the bill and it's just out of your price range!

It's strange that because I have other things on my mind I don't have a clue whether I am doing well so far this month or not. I feel like I'm plodding along OK but as I type this it's 06/09 and I can't honestly say how I've done over the last 6 days!




01/10

+£188.08. I only traded 18 races today but had no losing trades so I'm happy with that kind of result and would be more than happy if I could nick that sort of amount on a daily basis over the next couple of months or so.



02/10 - 03/10

I spent a couple of days down at my Dad's house and came home feeling even more shattered than when I left!



04/10

+£120.29. I set fire to £70+ in one of the early races but then just chipped away so £120 wasn't a bad result I suppose.



05/10

Didn't trade today.



06/10

+£150.64. I had a good solid hour in the middle of the day but the remainder of the evening was pants!



07/10

-£32.38 ... the next few days losses are a stark reminder of what happens when your mind is totally fucked up ...



08/10

-£7.04 ...



09/10

-£44.37 ...



10/10 - 12/10

It's fucking hard to trade when your wife has just thrown all of your screens out of the front door and smashed them all on the pavement. It's also not too easy to keep a level head when the same woman destroys a grands worth of audio equipment and then in the melee you get headbutted by an irate Lithuanian cunt.



13/10

-£45.55. I don't think that I have EVER had 4 losing days on the spin but when you have a woman intent on destroying you then trust me it's fucking hard to concentrate on horses running around a field! It's also hard to start the day when you have just spunked hundreds on new monitors!



14/10

For some strange reason I didn't quite fancy trading today.











Thursday, 22 September 2016

Gone AWOL!



I must admit that although it happens very seldom I do sometimes have periods where I fail to update this blog on a regular basis.




I'm at that age where I've hit a mid-life crisis and trying to sort out personal issues has meant that the blog has taken a back seat for a while. I've also had quite a few days off, mostly to take advantage of the fine late summer weather that we have been experiencing.

The trading has been a bit hit and miss due to new fluctuations in the markets but the key here is to recognise when these happen, what is happening and how to take advantage of the way in which the markets have altered.

I'm going to make a conscious effort to resume the light-hearted theme of this blog which may take some effort initially as I've been really fucked off, depressed and at sometimes quite fucking sad over the last few weeks (sure signs of manic depression).




Hopefully I can get back to 'normal' and start posting more pictures of me on the piss and recounting the weird and wonderful things that usually happen when I'm out there in the twilight zone ... better known as Ramsgate after midnight!



31/08

-£5.11 ... fuck know's what happened but looking at my results I was up and down, much like my current mood swings, like a whores drawers!



01/09

+£86.97. For some reason I only managed to trade 20 races ...



02/09

+£263.02. It's always good to look back after a few weeks thinking that you had a bad month and then see that on at least one day you had a good result! However, if truth be told I nicked £200 in the first race of the day in the place market!



03/09

+£184.59. I only traded 25 races today and had to wait until the very last race before I had a good result and managed to nick over £100, once again in the place market! Kind of like Man Utd when they always managed to score a winner in extra time ... bastards!



04/09

-£5.93. I only traded 15 races today so it must have been a Sunday?



05/09

+£26.13. I only traded 9 races today .... fuck knows why, I cant remember!



06/09

-£0.73. When your mind is elsewhere then your results will always suffer unfortunately ...



07/09

+£3.94. I think that I went to the beach, came home and traded 1 race at Kempton!



08/09

Fuck knows what I did today but I didn't trade ....



09/09

+£83.51. I only traded 17 races and was probably glad to get some sort of profit after a lean few days.



10/09

+£134.99. The number of races that I have traded recently on a daily basis has dropped, only 22 today, but I suppose that we are now approaching that time of year where the number of races per day drops to a much lower figure than in the peak of the summer.



11/09 - 14/09

It was time for a much needed break down on the coast. I had 2 days by myself in the sun and then the missus joined me, the sun got even hotter and I drank even more and got smashed on the Tuesday (the hottest day of the year?) had an argument with the missus and then decided to go swimming in the sea after consuming at least 8 pints at lunchtime! It wasn't the best breast stroke or front crawl ever witnessed!




I was so pissed that it took me a few attempts to actually get from being in 2 ft of water back onto dry land and I stacked it a few times in the sea. When I finally made it back onto the beach I fell over again trying to put my shorts on, rolled about like a pissed fool and managed to get a huge bruise on my ass and back! Not funny and definitely not clever!



15/09

+£187.87. Recouped a small percentage of what I spunked over the last few days down on the coast!



16/09

+£159.45. 18 races traded with only one small loss so the binge drinking session must have done me some good?



17/09

+£167.00. Another OK day to keep the ball rolling ...



18/09

+£16.36. Fuck knows what happened today as I only traded 9 races?



19/09

+£120.24. Today could have been so much better as I managed to lose the best part of £100 in the last 4 races of the evening doh!



20/09

+£85.67. One decent win saved the day today ...



21/09

More nice weather today so another day down on the beach.



22/09

+£332.12. Normal service has been resumed ...






I quite fancied a drink after the racing in the evening and smashed into 3 bottles of Franziskaner that I had chilling in the fridge. These put me in the zone but when I went back to the fridge at around midnight there wasn't a beer to be seen! The only solution was to cycle to the local 24 hour shop. Now obviously their range of wheat beer was non-existent so I decided to cycle the 3 miles to Tesco to source some Hoegaarden. Flying along on your bike at 00:30 in the morning with no lights isn't a particularly good idea but fuck I felt faster than Chris Froome. It's only when I got off the fucker at Tesco that I realised how pissed I already was! I stumbled about the deserted isles and came away with 2 bottles of Hoegaarden and a packet of scones. I literally flew back home, only drank half a bottle but managed to eat most of the scones and finally hit the sack at about 02:30.



23/09

+£11.94. I traded 25 races today and never really got going. As some of you may have noticed the markets have been changing on a daily basis and that means that what works one day does not work the next. The key here is to identify when this happens and alter your style to suit. On days like this I am usually in more of a 'damage limitation' mode as you can often find yourself sticking to the same old strategy hoping that things will change during the day. It's only at the end of the day that you realise that maybe you should have quickly switched to plan B when you first noticed that things weren't 'normal'.



24/09 

+£150.84. I was off to a flyer but then trundled through the remainder of the day without really making much progress.



25/09

+£68.71. Wank Sunday.


It's 03:30 on a Sunday morning so I have a bit of time on my hands! Here's how I generally approach a days' racing:

  • If you have the time then try and get a rough idea of the usual running styles of each horse in every race. Now this takes time I must admit, but if you do have this time then it's worth the effort as you can go into each race with a rough idea of how you think that the race will be played out. If you don't have the time for this then start by concentrating on maybe the first and second in the market and have an idea if you want you entry point to be a back or a lay.
     
  • I don't have any set targets in terms of profit. You have to take whatever you get without constantly checking your P&L
     
  • Concentrate on 3-4 horses each race. Find those with marked running styles such as leaders, hold up horses, strong travellers, good/bad jumpers, etc.
     
  • Have an idea in your mind what you expect to happen in the early stages of each race and how you expect the market to react.
     
  • Look at the market in the last few seconds before the off, concentrating on those horses that you have selected above, and note any strength or resistance. For example, if you are thinking of laying a hold-up horse because it will be slow away and at the back of the field yet there is strength for it in the market then that is probably not a good idea. This indicates that people know it's a hold-up horse and therefore even if it is slow away the price may not drift and that could leave you in a world of pain. The same applies for potential leaders, etc. If you think that one is going to spring out of the stalls and lead all of the way and yet there is opposition in the market seconds before the off then it's probably not a good idea to B2L even if it does lead early.
     
  • When do finally do take a position then you need to know how you expect the market to move and in what time frame. Let's say that you want to lay a potential slow starter at 5.0 if it misses the break. If you do indeed get matched early then you now need to have a plan of how you are going to exit your position with the maximum profit. If you have laid it for £50 at 5.0 then you may be thinking of backing it back in chunks of £5 a time at anywhere between 7.0 and 10.0. If the market moves in your favour (and obviously you are expecting this to happen pretty quickly) you can maybe fire in a few back bets at good positions in the market. You then expect these to be quickly taken and therefore your green zone is expanded. I tend to like to get to a position where I have phased out most of my initial stake, in this case £50, and then you can manage the remainder accordingly. In this case if your selection is falling out the back of the telly then there is no need to hit the green button as you want to take the maximum profit.
     
  • If the market doesn't move how you expected then get the fuck out of there ASAP without hesitation. If it means taking a red just take the fucker!


If anyone has any particular questions then please let me know.

I'll try and start recording some videos and stick them up here ....

Happy trading!


When you go to bed at 20:00 and wake up at 04:00 then you just have to pick up the guitar and twang ...







26/09

+£59.99. Wank Monday!



27/09

Ayr abandoned today so couldn't be bothered ...



28/09

+£70.47. I only traded a handful of races today ...



29/09 - 30/09

I went house hunting and drinking in Ramsgate. There's plenty of cheap property down there and I may be able to buy something dependant upon how much we can get for our gaff in London.  Fingers crossed ...