Fortune Favours the Bold
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I love how you write these and how you look at things, you've become really reflective of your trading and the things you spot make me think as well...
In particular for me was I was also subject to some rough runs but good to see the strategy recovers and I was pleasantly surprised when I eventually checked my progress.
That is key for all traders, taking a long term view takes time.
But look at the results of Feb 30pts!
@dan-mackinnon said in Fortune Favours the Bold:
February Review
Overall I'm really pleased with this past month. I focused on the process rather than the goal and was conscious to be aware of any areas in which I'm slacking.Race to £100 Challenge
5/5 from yesterday. There are no trades today so that leaves the bank at £38, so -£2 for the month. I can't really complain considering I've had my worst run and was still able to recover. It would have been a profitable month but I went in on two trades that were too close so not surprised when they went on to win. I'm slowly shaping this into a half decent set and forget strategy.My Trading Journey
I'm going away in March so thought this month was a good opportunity to strip everything back to just 1 strategy. I wanted to make sure I was really confident with that before slowly building up my portfolio. By doing the challenge above I was able to amend my trading style to suit my long-term plan (Ryan's Super Trader coming in there!) and not be checking the results every day. I was also subject to some rough runs but good to see the strategy recovers and I was pleasantly surprised when I eventually checked my progress.Overall, Feb +30pts.
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5/6 yesterday -£4.50
Today's trades
05/03/2023 15:35 Huntingdon Rocky Lake - Win £2 -
Good day yesterday +£2.50
A few today so will have to track how they're looking closer to the off
04/03/2023 13:00 Doncaster Champagne Town - Win £2
04/03/2023 13:15 Kelso Miah Grace - Win £0.50
04/03/2023 13:15 Kelso Castle Rushen - Win £1.50
04/03/2023 13:50 Kelso El Muchacho - Win £0.50
04/03/2023 14:40 Doncaster Annie Magic - Win £1
04/03/2023 16:45 Kelso Bollingerandkrug - Win £1.50 -
2/2 +£1.50 so bank is £39.50
Only 2 today and I'm waiting to see what movement there is
03/03/2023 14:00 Doncaster Lyrical Genius - Win £2.50
03/03/2023 14:15 Newbury Big Jim Beam - Win £0.50 -
Today's trades - However, if Starman and Ik's Man are both 2nd and 3rd near the off I'll leave them alone
02/03/2023 15:35 Ludlow Grizzly James - Win £1
02/03/2023 16:25 Clonmel Starman - Win £0.50 -
February Review
Overall I'm really pleased with this past month. I focused on the process rather than the goal and was conscious to be aware of any areas in which I'm slacking.Race to £100 Challenge
5/5 from yesterday. There are no trades today so that leaves the bank at £38, so -£2 for the month. I can't really complain considering I've had my worst run and was still able to recover. It would have been a profitable month but I went in on two trades that were too close so not surprised when they went on to win. I'm slowly shaping this into a half decent set and forget strategy.My Trading Journey
I'm going away in March so thought this month was a good opportunity to strip everything back to just 1 strategy. I wanted to make sure I was really confident with that before slowly building up my portfolio. By doing the challenge above I was able to amend my trading style to suit my long-term plan (Ryan's Super Trader coming in there!) and not be checking the results every day. I was also subject to some rough runs but good to see the strategy recovers and I was pleasantly surprised when I eventually checked my progress.Overall, Feb +30pts.
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3/4 so -£8. Ironically, Thanksforthehelp was no help at all!
It did raise some concerns because there were 3 horses that were close together, but I thought it might drift and I'd be OK. Instead, it did the opposite and avoided my bot and went on to win. I was kicking myself for pushing myself back from the goal, however, it has given me an opportunity to review the process and way in which I measure success.
Therefore, as this is as close to set and forget horse trading as I can be right now I know I have to have stricter rules. I was to see a clear difference between the top 2 and everyone else. I'm also avoiding races with 4 horses or fewer.
With that in mind, today's trades
27/02/2023 14:00 Plumpton Line Of Descent - Win £2
27/02/2023 15:50 Ayr Big Bresil - Win £1
27/02/2023 15:50 Ayr Socks Off - Win £0.50
27/02/2023 15:50 Ayr Lissen To The Lady - Win £0.50
27/02/2023 17:00 Ayr Slugger - Win £0.50 -
2/2 Bank £41.50
Today's trades
25/02/2023 13:22 Chepstow Moonshine Spirit - Win £0.50
25/02/2023 14:32 Chepstow Jack In The Box - Win £0.50
25/02/2023 15:07 Chepstow Thanksforthehelp - Win £1.50
25/02/2023 15:40 Kempton Mullenbeg - Win £1.00 -
2/2 Bank £39.50
Today's trades
24/02/2023 15:15 Exeter The Macon Lugnatic - Win £1
24/02/2023 16:17 Exeter Ballymagroarty Boy - Win £1 -
4/4 bank £37.50
Today's trades
23/02/2023 14:30 Thurles King Ferdinand - Win £1
23/02/2023 16:15 Thurles So Des Flos - Win £1 -
Back to it, let's hope for a decent run before the end of the month
22/02/2023 13:05 Punchestown Sixhandsinmypocket - Win £0.50
22/02/2023 13:05 Punchestown Starman - Win £1
22/02/2023 14:35 Ludlow Royal Max - Win £1
22/02/2023 15:00 Doncaster Didero Vallis - Win £2 -
Shocker of a day yesterday 2/4 -£18 bringing the bank back down to £33. Looking back over the software the first few months always seem a bit slow so as long as we can finish strong I'd be happy. Something I've been focusing on is enjoying the process over the goals, which considering yesterday was a stinker was quite handy!
Nothing today but there looks like a few tomorrow.
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1/1 so now £51.
Today's trades - I'll be back later to place my trades
20/02/2023 13:30 Lingfield Morning Line - Win £0.50
20/02/2023 14:00 Lingfield San Pedro - Win £0.50
20/02/2023 14:45 Carlisle Malaita - Win £1.50
20/02/2023 16:25 Carlisle One Fer Mamma - Win £1.50 -
4/4 so finally hit £50. We're halfway there! I thought this is taking longer than when I tried it before, but I kept compounding so I would do 1/3 instead of 1/5.
Today's trade
19/02/2023 15:00 Newbury Jina - Win £1 -
Another 2/2 so £46.50.
Today's trades
18/02/2023 14:25 Ascot Farinet - Win £0.50
18/02/2023 14:25 Ascot Laskalin - Win £1
18/02/2023 15:00 Ascot Samarrive - Win £1
18/02/2023 15:00 Ascot Whizz Kid - Win £1 -
2/2 so now up to £44.50. Considering the tough first week of February it's good to see how quickly this strategy recovers.
Today's trades
17/02/2023 16:05 Kelso Domandlouis - Win £1.50
17/02/2023 16:35 Kelso Oscar Wilde - Win £0.50 -
1/1 from yesterday and managed to get it for £1 so now up to £43. It must have drifted as it wasn't on my bot
Today's trades
16/02/2023 14:25 Sandown Vicki Vale - Win £1
16/02/2023 16:30 Clonmel Bonnie Kellie - avoid
16/02/2023 16:45 Sandown Sporting Mike - Win £0.50 -
1/1 and back to £42.
1 trade today
14:40 Wetherby Clovis Boy - going to wait for the market to firm up but likely to be around 15.0 -
2/2 and we're back to were we started the month. Not bad considering the poor run so be back break even and still have 2 weeks left of the month let's see if it's a decent turnaround. Bank £40.50
Today's trades
14/02/2023 14:45 Ayr Fly By Milan - Non-runner
14/02/2023 14:45 Ayr Haveanothergoflo - Win £1.50
14/02/2023 16:40 Lingfield Secret Trix - avoid -
A good day yesterday 6/6 +£5 brings the bank up to £37. Despite a rough start, we're almost back to breaking even and still only halfway through the month. I'm noticing this strategy can change very quickly depending on trends
Today's trades - I'll do the odds later
13/02/2023 14:00 Plumpton Dom Of Mary - Win £2
13/02/2023 15:00 Plumpton Sheldon - Win £1.50
13/02/2023 15:30 Plumpton Le Patron - 2nd favourite so will be avoiding
