My Trading diary
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@eamonn-hogan Hey bud
Couple of things here, I wouldn't add in any other sports to be honest - focus on one get it mastered then move on - stick to the plan.
When you deviate you see the reds, it can impact the mindset for other trading that could be solid.
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@darri said in My Trading diary:
@eamonn-hogan no worries mate, but these small things add up when your just trying to build your bank early doors. Dont need to rush to a big bank. Treat it as if you had a £20k bank of family money in it or as if it was a business, that mindset could help going forward. If your doing the right things now with a small £100 bank imagine what you will be like with a £10k/£20k which is something you wont just be able to reload money back into
Cheers mate, all taken on board.
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@eamonn-hogan no worries mate, but these small things add up when your just trying to build your bank early doors. Dont need to rush to a big bank. Treat it as if you had a £20k bank of family money in it or as if it was a business, that mindset could help going forward. If your doing the right things now with a small £100 bank imagine what you will be like with a £10k/£20k which is something you wont just be able to reload money back into
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@darri said in My Trading diary:
@eamonn-hogan not an expert mate, wish i was, not been at this as long as others but iv done the same things i see you doing and just voicing what i think could help. This is quite a key day in terms of how you will react to it and already a tennis trade popping up after a bad day? Stick to what worked so well this week in focusing on the football and the filters and keep the discipline. If the results from your filters need improving tweak them dont look for other things. If you need help you know where i am and martin and ryan are always just a quick click away on the private coaching too. There is a cracking number of videos and methods that help to counter overtrading. Trading plans are harped on about all the time by the pros there is a reason for it.
Yeah, it was just that the FHG filters which were (are) doing well had 4 losers on the bounce. I then had a little trade on the tennis with a strategy that came from BTC. It would have been 2 winning trades if I had not had cashed out with a red, but I know what you mean by starting a new strategy just because I had a couple of losers in my filters. With DJ now 7 shots clear in the golf it will bring me in 5 points green so I will only be down 1.5 points red at the end of the day.
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@eamonn-hogan not an expert mate, wish i was, not been at this as long as others but iv done the same things i see you doing and just voicing what i think could help. This is quite a key day in terms of how you will react to it and already a tennis trade popping up after a bad day? Stick to what worked so well this week in focusing on the football and the filters and keep the discipline. If the results from your filters need improving tweak them dont look for other things. If you need help you know where i am and martin and ryan are always just a quick click away on the private coaching too. There is a cracking number of videos and methods that help to counter overtrading. Trading plans are harped on about all the time by the pros there is a reason for it.
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@darri said in My Trading diary:
@eamonn-hogan hey mate, id be cautious about moving onto other untested sports it will really impact your discipline you have been building. If your gonna do a new sport id paper trade it. Losing 3 points of your bank from a new sport early doors isnt ideal. Think about the message yesterday stick to the plan. Let the tried and tested things build your bank while you paper test other things. Moving on too soon will cut potential profits of your bank in the beginning. Look at my blog for example. Im only doing late goals as my main trading and in the background testing other things. Stick to what you know right now in terms of putting money to. If golf and football are making you money stick to that right now. I read the tennis as more a punt at a new strat rather than something you have tried and tested. You have done so well this past week or so i just dont want you to head back to older ways. Happy if im wrong here but iv done these things too getting involved in horse racing etc without having any track record doing them.
I hear what you are saying and you are the expert, I only had a couple of small stakes in the tennis but I think I will paper trade them for a while first as I think by laying the first set winner will provide some green as would have done with my two earlier trades if I had of left them without cashing out.
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@matt-wood said in My Trading diary:
@eamonn-hogan I had a red day yesterday, they suck ass
Still it is how we handle them afterwards that counts.I may not know what I am saying here but reading your latest entry;
'Had a bit of a go on the tennis...'
This makes me think it was off plan and an impulse trade or two. Just a voice of caution if it was, as this could be the first step on the road back to bad ways. If I am wrong feel free to call me any names you like
Just would hate to see you take a backwards step after all the good work you have put in recently 
On another note, golf might be something I need to look into. Especially as my brother is golf mad, plays and follows it closely.
You are 100% right with what you say regarding the tennis, it was an impulse trade as I was struggling with the filters. I am happy that I stuck to my stakes though and didnt go gung ho.
Yeah I love the golf, I laid Harris English a few times as I thought his price was too short.
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one thing i would stress is and ill do a post on this on my blog, dont panic about missing out on other strategies. There is more harm to adding strategies to your trading than it appears. Spreading yourself too thin is just as harmful as some of the other bad methods. You have just started doing FHGs and 2nd half goals. Have you tested these? Even if they have been proven by others make sure your selections of the strats are working for you. Really get down to the nitty gritty of tracking these and spot if it works long term. There i nothing wrong with taking the next month off trading with money and just paper trade. Track for the next month get 50-60 matches under your belt and see if its working long term. This way you know what is working for you because everyone can react different or see value in different ways. So coming into the new season you have good solid strategies that are tried and tested.
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@eamonn-hogan hey mate, id be cautious about moving onto other untested sports it will really impact your discipline you have been building. If your gonna do a new sport id paper trade it. Losing 3 points of your bank from a new sport early doors isnt ideal. Think about the message yesterday stick to the plan. Let the tried and tested things build your bank while you paper test other things. Moving on too soon will cut potential profits of your bank in the beginning. Look at my blog for example. Im only doing late goals as my main trading and in the background testing other things. Stick to what you know right now in terms of putting money to. If golf and football are making you money stick to that right now. I read the tennis as more a punt at a new strat rather than something you have tried and tested. You have done so well this past week or so i just dont want you to head back to older ways. Happy if im wrong here but iv done these things too getting involved in horse racing etc without having any track record doing them.
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@eamonn-hogan I had a red day yesterday, they suck ass
Still it is how we handle them afterwards that counts.I may not know what I am saying here but reading your latest entry;
'Had a bit of a go on the tennis...'
This makes me think it was off plan and an impulse trade or two. Just a voice of caution if it was, as this could be the first step on the road back to bad ways. If I am wrong feel free to call me any names you like
Just would hate to see you take a backwards step after all the good work you have put in recently On another note, golf might be something I need to look into. Especially as my brother is golf mad, plays and follows it closely.
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Sunday 23 August.
RED DAY. (so far)
2 overnight winning trades in my FHG but 3/4 losers later on brought some red back 1 point red. 3/3 losers in my back another goal strategy. 3 points red.
Had a bit of a go on the tennis with the lay the winner of the 1st set. This brought up just under 3 points loss with 2 losers. I should have stuck with the initial trade as they both turned around and would have ended up green but the 1st set leader looked like making it 2-0 so i took a small red. The fact I was already down for the day made me take a smaller red but If I do that strategy again I need to stay with it.
A few green coming back in the golf later. I always make money on the golf lol.
Depending on the champions league final I may get involved.
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@eamonn-hogan no worries bud, great to be able to help
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@darri said in My Trading diary:
@eamonn-hogan awesome to hear this mate, sticking to a plan and staking well has really helped you here. Like i said before your ideas and strategies are spot on it was just a more disciplined approach to what games you needed. Im glad we had a chat mate, because i was a problem gambler and it took me bloody ages to cut that side of me out. Just maintain that feeling, a bad day will come but just remember how good these days have been and just keep repeating, the good days will beat the bad days if you remain consistent. Also see the BHOYS making you some nice green
get in! keep it up lad great week or so hereThanks very much Darri. Speaking to yourself and @Ryan-Carruthers has made me think about it a bit more. I’m happy with my strategies that I’m implementing and confident in them. Just need to work on the mental side of it.
Thanks again mate for taking the time to give me some advice. -
@eamonn-hogan awesome to hear this mate, sticking to a plan and staking well has really helped you here. Like i said before your ideas and strategies are spot on it was just a more disciplined approach to what games you needed. Im glad we had a chat mate, because i was a problem gambler and it took me bloody ages to cut that side of me out. Just maintain that feeling, a bad day will come but just remember how good these days have been and just keep repeating, the good days will beat the bad days if you remain consistent. Also see the BHOYS making you some nice green
get in! keep it up lad great week or so here -
The 1.5 red I posted for yesterday actually turned into a very very small green of .54p after a late trade. That now makes it 8 days green since I went back to basics and 22 points green.
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@matt-wood said in My Trading diary:
@eamonn-hogan Do you back the next goal at HT on that SHG filter?
when odds hit 1.55, it brings up .5 point green if it comes in.
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@eamonn-hogan Do you back the next goal at HT on that SHG filter?
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Saturday 22nd August.
4/4 on @Darri 2HG filter. 2/4 on my FHG filter and backing Celtic at 2.4 late on brought up a nice 4 points green.
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@martin-futter said in My Trading diary:
@eamonn-hogan said in My Trading diary:
Friday 20th August
Up and down day today. Possibly a bit of overtrading today. Weekends will be the hardest to stop doing that.
A red in the 2nd Half goal filter, 2 winners and 1 loser in my FHG, 1 loss in my strong fav and one loss in back another goal strategy.
Total for today was a 1.5 red.
only thing that matters, did you keep your discipline?
@martin-futter said in My Trading diary:
@eamonn-hogan said in My Trading diary:
Friday 20th August
Up and down day today. Possibly a bit of overtrading today. Weekends will be the hardest to stop doing that.
A red in the 2nd Half goal filter, 2 winners and 1 loser in my FHG, 1 loss in my strong fav and one loss in back another goal strategy.
Total for today was a 1.5 red.
only thing that matters, did you keep your discipline?
I did.
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@eamonn-hogan said in My Trading diary:
Friday 20th August
Up and down day today. Possibly a bit of overtrading today. Weekends will be the hardest to stop doing that.
A red in the 2nd Half goal filter, 2 winners and 1 loser in my FHG, 1 loss in my strong fav and one loss in back another goal strategy.
Total for today was a 1.5 red.
only thing that matters, did you keep your discipline?
