Wednesday 1 September 2010

Goal update

Well the goal has changed slightly, i had to take some money out of my a/c for personal spendage.
So the goal has changed.
I decided to open up another betfair account so that i could have one for my poker and betting and my new one just for trading. Deposited £80 into my new account on Monday.

So my new goal as of Monday has been to turn that £80 into £200, still by the 10th Sept.
I've managed to trade Tuesday and today. My account now sits at a tidy £120, so will keep you all up to date on my progress!

Today was a crazy day. Started off with 3 great trades in the afternoon - £6.90, £7.80, £9.23. So was all going swimmingly had myself concentrated and had the feel of the markets. Then i went and got a drink and i think i got a little bit cocky trying to swing trade. This did not go well! i entered a position and withing moments i was 2 ticks down, my stake was £80 at around odds of 3.8. So they were hefty tick sizes for my bank. However i felt confident so i let it play out a bit *head in hands moment* to cut a long embarrassing story short, i ended up -£21. Basically cancelling all my previous profits. After this point i was peeved to say the least so i stopped trading for a few hours. I tried to get myself back into the right head space. I came back later on for the last few afternoon races. Thankfully i managed to put a few good trades in and come out with a profit of £8.56 for the day, which i was happy to take after the day i had!

I've been interested in videoing what i do in order to learn from my mistakes, managed to download Camstudio software today, yet to try it out but looks pretty good. Might try get a video of my trading up soon. STAY TUNED FOR MORE INFO!
Also i found out that you can show your screen to people on skype thanks to my brother, so if anyone has skype please feel free to leave a comment.

That's all for now, got my graduation Tuesday. Off into the big bad world!

5 comments:

  1. Hi,

    hoping you can subscribe to my blog. Its up and running - starting to trade solid for a month next week on a crash course!

    Its http://www.tradebytrade.blogspot.com/

    Thanks

    Tim

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  2. Ive been following your blog since the start, will add a link up to it now.

    Thanks for the AGT comment, what set up do you use? I like the simple Toy. :)

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  3. At the start i was just using my laptop and a handy usb mouse :).
    Now i've got another monitor (20' HP), its good having an extended desktop. Really helps. I personally have the ladders on one screen and on the other i have the racing post opened to check odds. So far so good.

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  4. thanks, looking to do something similar.

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