Wednesday, 23 January 2008

More like it though still a few errors

Daily result: £44.44

Today was much more satisfying though a lot more of a drain as the afternoon seemed to take an age. The xbox was turned off at 11am this morning and I got myself into the trading mood by doing a bit of studying with a view to coming up with some new strategies, more on that in the future but a thanks to Jon at Talkbet must be given.

So today's racing at last had a full schedule and including this evenings racing would bring the total races up to around 28. However, I will not be doing any trading this evening as I have a prior engagement. The day was going well from the start, I was pretty focused and not to active. I got a couple of breaks which gave me a few two tick profits here and there which is key for me in terms of getting the better daily wins. This can come in the form of a couple of one tick winning trades or one two tick trade. I hopefully will see these increasing in number over the coming months. 16 races in and no losses had me thinking it could be a 100% winning day, a foolish error and once you start thinking like that you start to change what you do, this led to 3 losses in the next 5 races. The last race of the day should have been a profit but I was being a bit greedy and looking for a two tick profit when I should have taken the one tick profit, instead I got a half tick loss. So on the day 21 races traded 15 winners, 3 break evens and 3 losses. Much more like it, now wheres that xbox?

0 comments: