Aug 2024 £3000 - ? Bank Challenge

[Richard Latimer]

@james-everard said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Oct 22 £362.32 so in the red for the first time in months!!:

@richard-latimer Really hard atm mate i'm in the same boat, and of course the trades your do miss they always seem to win lol

I don't miss any unless I choose to.....and most of those lose. I'v just narrowed it down so much I need to find a way to open it out just a little without losing anything.

[james everard]

@richard-latimer Really hard atm mate i'm in the same boat, and of course the trades your do miss they always seem to win lol

[Richard Latimer]

@james-everard said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Oct 22 £362.32 so in the red for the first time in months!!:

@richard-latimer said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Oct 22 £362.32 so in the red for the first time in months!!:

End Oct didn't really get any back, it just stopped hemorrhaging:

Finished off with a 20% loss and -£93.12 to take the bank into the red for the first time in months!!

Know that feeling mate , just nothing seems to be working ! Hopefully you will turn it around

It's not right now.

Was flying and now......everything I do seems to end the same way!

Not giving up but I am puzzled!?

Looking at another horrendous day unless teams get scoring!

[james everard]

@richard-latimer said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Oct 22 £362.32 so in the red for the first time in months!!:

End Oct didn't really get any back, it just stopped hemorrhaging:

Finished off with a 20% loss and -£93.12 to take the bank into the red for the first time in months!!

Know that feeling mate , just nothing seems to be working ! Hopefully you will turn it around

[Richard Latimer]

@richard-latimer said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Oct 22 £362.32 so in the red for the first time in months!!:

Putting these out early as stuff to do tomorrow/today. Lay Under 1.5:

1/2 on the early ones. 27 shots in Nice. 1 goal!!

[Richard Latimer]

Putting these out early as stuff to do tomorrow/today. Lay Under 1.5:

[Richard Latimer]

Bank down to £342.91
Stakes reset and a good thing too while I get over the hump!

[Richard Latimer]

End Oct didn't really get any back, it just stopped hemorrhaging:

Finished off with a 20% loss and -£93.12 to take the bank into the red for the first time in months!!

[Richard Latimer]

Didn't post in here tonight but they're all on the football thread. 4/4.

Time to do my update to the end of last month.

[Richard Latimer]

@john-folan said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Oct 22 is going to be pitiful haha!! But I'll bounce back!!!:

Have to say you football boys risk a lot for small returns. All relative I guess as the strike rates against odds risked are worth it but I can’t get my head around it. Think I will stick with the nags. Better for my blood pressure.

I just prefer it. Many different ways to skin a cat aren't there

[John Folan]

Have to say you football boys risk a lot for small returns. All relative I guess as the strike rates against odds risked are worth it but I can’t get my head around it. Think I will stick with the nags. Better for my blood pressure.

[Richard Latimer]

4/5 on the 2 days and the tiniest profit.

How Sporting never hit the net yesterday is just another one to add to the mystery of Oct.

Combination of woeful finishing and great goalkeeping!

[Richard Latimer]

For tomorrow.....in case I'm too hungover! Lay Under 1.5:

[John Folan]

@richard-latimer said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Oct 22 is going to be pitiful haha!! But I'll bounce back!!!:

Right, her we go!!!

I'm not hiding anywhere.....it has been a dreadful month and pushed m back under break even for the first time in months!

But I'm 100% confident I have the data to turn it around. More than I would have been in the past!!

All my screw ups are on there @John Folan :loudly_crying_face: :face_with_tears_of_joy:

Good boy.. own that s**t! It will improve you

[Richard Latimer]

@richard-latimer said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Aug 22 = £481.58 - August profit = £68.41:

Right, here we go!!!

I'm not hiding anywhere.....it has been a dreadful month and pushed me back under break even for the first time in months!

But I'm 100% confident I have the data to turn it around. More than I would have been in the past!!

All my screw ups are on there :loudly_crying_face: :face_with_tears_of_joy:

The irony to post an update that bad and then be told you've levelled up haha!

[Richard Latimer]

Right, her we go!!!

I'm not hiding anywhere.....it has been a dreadful month and pushed m back under break even for the first time in months!

But I'm 100% confident I have the data to turn it around. More than I would have been in the past!!

All my screw ups are on there @John Folan :loudly_crying_face: :face_with_tears_of_joy:

[Richard Latimer]

Todays Lay Under 1.5 and then I'm going to do my full update!

[Richard Latimer]

@Lee-woodman had a lie in as no one and nothing to get up for today. Not even a dog!!

I really believe the overs system is almost the finished article. That's not to say October hasn't been a little disapointing and shown a few cracks where I've been able to look at what's happening and make what I see are logical changes.

That's the key difference to before, I'm sticking it out, making 'only logical tweaks' which have proven to be sensible over the last 6 months, and pushing on.

The unders is something I've been thinking about for a while and developing in the background using similar thinking to the overs which has helped move it along somewhat.

Only 3 months in so yes I'm cautious but it is the next logical step for me to increase revenue when the overs is complete rather than open the overs out into less strict criteria.

[Richard Latimer]

@lee-woodman said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Aug 22 = £481.58 - August profit = £68.41:

@richard-latimer said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Aug 22 = £481.58 - August profit = £68.41:

Unless anything bad happens in the last few days of Oct I think I'm going to trial my under 3.5 system starting Nov which is producing consistent results at some pretty good prices.

Consistent over what period? It looks to me like you are struggling again with your current system and getting a little emotional about it and considering switching. I think you like the strategies with a high strike rate (dont we all) but cant accept any downturn, as a few losers means a fairly hefty loss. Maybe you need to remove the ego and need for constant winners and aim for a better risk/reward ratio by going for something closer to evens. I think if you had a lot of data, and therefore confidence, then the way you do things now would be ok

To put in comparison, and i do not call myself established by any stretch, but my main SH goal strategy has nearly 4000 results stretching back just over 2 years. I have started to get consistent over the last 4-5 months with this but this month was a terrible start and i ended up down quite a bit (maximum liability is 3 points per trade, laying at 2.5-4.0) but i was able to study the data (it appeared to be mainly bad variance along with a couple of bad leagues) and push on with confidence. Now i am still slightly down for the month but ive slowly clawed back 75% of the losses just by slowly continuing what i was doing before whereas i think you panic and start to see gold elsewhere

Damnit, I was just writing more and lost it all! Will reply further in a bit!

[Richard Latimer]

@lee-woodman said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Aug 22 = £481.58 - August profit = £68.41:

@richard-latimer said in 01/08/22 Starting Bank £413.72 - Current Bank as of end Aug 22 = £481.58 - August profit = £68.41:

Unless anything bad happens in the last few days of Oct I think I'm going to trial my under 3.5 system starting Nov which is producing consistent results at some pretty good prices.

Consistent over what period? It looks to me like you are struggling again with your current system and getting a little emotional about it and considering switching. I think you like the strategies with a high strike rate (dont we all) but cant accept any downturn, as a few losers means a fairly hefty loss. Maybe you need to remove the ego and need for constant winners and aim for a better risk/reward ratio by going for something closer to evens. I think if you had a lot of data, and therefore confidence, then the way you do things now would be ok

To put in comparison, and i do not call myself established by any stretch, but my main SH goal strategy has nearly 4000 results stretching back just over 2 years. I have started to get consistent over the last 4-5 months with this but this month was a terrible start and i ended up down quite a bit (maximum liability is 3 points per trade, laying at 2.5-4.0) but i was able to study the data (it appeared to be mainly bad variance along with a couple of bad leagues) and push on with confidence. Now i am still slightly down for the month but ive slowly clawed back 75% of the losses just by slowly continuing what i was doing before whereas i think you panic and start to see gold elsewhere

I'm not switching, I can assure you. I have put way too many hours into this and I really feel it is almost the finished product.