Alex's - one year to being a pro
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Month 10 of trading
A mixed bag for my this month - overall I'm slightly down across the board. I have now had 2x months of inplay strategies and they have been a bit of a mixed bag. I've worked hard on mid set and trying to take my emotions out of trading which has gone quite well.
Highlights
- Over 0.5 FHG strategy is still tracking well at 4%
- LTD at HT inplay is still up (although not as much as last month)
- I finally have the confidence to leave some of my under performing strategies behind and move onto things that do serve me.
- Currently reading Trading In The Zone - and it's a really insightful book and is really helping me with trading.
Lowlights
- Rough start to my over 3.5 lays - I need to reduce my stakes I think and see how it goes for a while. Will give it 2 more months
- Jumping in too early on a couple of other strategies seems to have cost me some treasure.
Big take away for me this month is that automation if the way forward. I want/need to get set up on BFBM and automate my trades. It's killing my weekends doing things manually and I can get around this - the tools are there. It's just going to take some time. I'm abroad at the moment so when I'm back I plan to get stuck in!
Hope everyone is doing well and let's see what this month brings! Cheers, Al
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Month 9 of trading
A better month for me. Have had my first real go with inplay trading and overall it's been a good start. The 3 strategies I have started trialing have wiped their faces or made a profit which is really positive for me.
I reduced the number of set and forgets I was trading to just the ones that I think work best and so therefore ended the month slightly up overall.
Highlights
- FHG strategy consistent with July results 6% ROI
- LTD at HT inplay showing and 18.64% ROI in the first month from 69 selections.
- Lot's of new inplay and set and forget strategies created and in testing mode as we speak.
Lowlights
- My SHG strategies have been a bit of a let down and I thought they would have shown more promise - however it's only been 1 month so they need at least 2 more to see if they are worth continuing with.
- Decision to be made about my Home Win at Half time filter - just seems a lot of effort for very little return.
For this month I am going live with small stakes on a couple more Set and Forget strategies - as well as continuing to track my inplay to see if the SHG improves or if they LTD filter continues its magic.
Set and Forget
https://docs.google.com/spreadsheets/d/14sQHc1a_-Q92Y0nIh0JIPTU3-hese2svcynRGef9aog/edit#gid=0
Inplay
https://docs.google.com/spreadsheets/d/12893w4uBdzT0ac0phKa5zCPEXRzBBNsQxGHKEvJVAC0/edit#gid=123321413 -
Month 8 of trading.
Been a real mixed bag July - very few selections made it feel like a really slow month indeed! A small loss overall but I'm not surprised as the low number of games has made those losses feel bigger with a small data set on some of the newer strategies.
Hightlights
- Been doing LOADS of testing for inplay and new set and forget strategies. Should be going live with a couple of inplay this month for the first time which is really exciting.
- My over 0.5 FHG strategy has started to redeem it's self and is now in profit!
Lowlights
- Big swings in variance have left me in the red on a few strategies but I need to know if this is just he time of year or if they are just bad strategies.
In play trading for a SHG and LTD at half time - looking forward to starting this and seeing the results. Takeaway message for this month is TEST TEST TEST!
Let's go August and bring back the winter leagues! Cheers!
https://docs.google.com/spreadsheets/d/14sQHc1a_-Q92Y0nIh0JIPTU3-hese2svcynRGef9aog/edit?pli=1#gid=0 -
@Martin said in Alex's - one year to being a pro:
@Alex-Rule yes yes yes this is fantastic to hear!
Honestly @Martin I'm proper buzzing. It's a similar feeling to having a great gym session, you feel amazing after and looking forward to the next one! I have watched all your guys vids and listened to the podcasts (I treat it like homework that you will eventually get paid for) and they are so helpful.
I really think that by the end of 2023 I will be able to take a step back from my full time job and drop a day or 2 which is amazing. If anyone new to trading is reading this then all I can say is put in the time, ask questions and trust yourself that you are good enough. You don't have to special to be a great trader, just consistent!
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Month 7 of trading
June was a really positive month for me. I have been testing lot's of strategies in the background and there are some really promising ones in the pipeline. Overall for the month I was up a little - the end of season/waiting for the summer leagues to kick in does seem to have thrown me and my results a little but I'm not too worried as there is plenty to come.
Highlights
- I stuck to my trading plan - didn't trade any strategies that were not on there.
- My 2.5 goals filter is showing a lot of promise and I plan to trade another one this month as well which is looking very promising.
Lowlights
- None really - feeling very positive about the next month!
Really excited to see how the next few months go and see if I can finish the year in consistent profit. Roll on July!
Cheers! -
Month 6 of trading.
May has been a rocky month for my strategies but I remain extremely positive. At a glance I have lost again - but it's less than last month and having never traded the end of the winter season before I am experiencing the volatility for the first time and its defo a learning curve.
I have never done so much research, reading, listening and trying out ideas in a month since this began. It's been really enjoyable in spite of the apparent results and I think it will set me up for future success in the long run.
Highlights
- New lay the draw strategy showing really good signs early on - more data needed but seems really promising.
- Preliminary tests in a few other strategies looking good (Game ends in Draw, over 2.5 goals and FHG)
- Home win at half time strategy recovered and I am now testing a couple more variations to see if it can be improved.
Lowlights
- Under 1.5 goals strategy has fallen off a bit of a cliff - but this might be down to the end of season push to win games in the winter leagues.
- Under 3.5 longer odds seems to have taken a hit as well - this could be for the same reason and maybe unders need to be parked for April and May?
Inplay strategies are bing tested as well and I need more data before making a decision to go live with them. These are really exciting and I am looking forward to having a play with a few variations to see what they can produce. Onwards and upwards for June - I think it will be a much better month for me and I am keen to keep the learning ticking over. I feel like my need to always trade has calmed down and now I feel OK taking weekends off when I can't give it 100% of my attention.
Keep fighting the good fight and I predict better things for June!
https://docs.google.com/spreadsheets/d/14sQHc1a_-Q92Y0nIh0JIPTU3-hese2svcynRGef9aog/edit#gid=0 -
@Richard-Latimer said in Alex's - one year to being a pro:
@Alex-Rule said in Alex's - one year to being a pro:
@Richard-Latimer I found when I first started that the results all seemed to go in my favour on the few strategies I had. Maybe it was my naivety or wishful thinking but I thought I found a golden egg early on and that was going to continue for me! I guess variance kicks in and now different leagues will be in action and others not. So it be interesting to compare next Dec to last to see if it's a seasonal thing or if I was just seeing a very higher strike rate for that strategy which is not representative of the overall data. Having watched @Martin s last video on DO NOT CHANGE YOUR STRATEGY if feel I need much more data to know for sure.
I think my "one year to being a pro" upon reflection was very ambitious but I was mis led by my early insane ROI and P/L ratio. I think for me 2 years is more realistic. The main thing is I am still having fun and still learning so that's good, I still have the drive to be financially independent!
How long have you been trading for?
I'm around 20yrs in and only now do I feel it is within reach
As long as you get there - that's the main thing. Keep it up!
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@Richard-Latimer said in Alex's - one year to being a pro:
And it's still going to be in time to take early retirement
definitely the dream!!
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And it's still going to be in time to take early retirement
Trading Spreadsheet linked below
https://www.dropbox.com/scl/fi/3gnk1vku1krkoyfcq37y6/Trading-Bible.xlsx?rlkey=01eqhp8u73s61iy2s814sqfll&dl=0 -
@Akiva-Anderson yeah I know
It probably cost me my marriage too getting a little obsessed at times although I maintain never addicted. No nasty debts etc....
And I've met someone really special so who's to say this wasn't always the right path
If this place had existed years ago I would have got there sooner!
I'll console myself with the fact many never get there at all
Trading Spreadsheet linked below
https://www.dropbox.com/scl/fi/3gnk1vku1krkoyfcq37y6/Trading-Bible.xlsx?rlkey=01eqhp8u73s61iy2s814sqfll&dl=0 -
I'm around 20yrs in and only now do I feel it is within reach
Should've been within reach many years ago. It has actually taken you a generation. Far too long. You know it, I know it, we all know it.
I'm amazed at your stubbornness, but it's what got you here!
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@Alex-Rule said in Alex's - one year to being a pro:
@Richard-Latimer I found when I first started that the results all seemed to go in my favour on the few strategies I had. Maybe it was my naivety or wishful thinking but I thought I found a golden egg early on and that was going to continue for me! I guess variance kicks in and now different leagues will be in action and others not. So it be interesting to compare next Dec to last to see if it's a seasonal thing or if I was just seeing a very higher strike rate for that strategy which is not representative of the overall data. Having watched @Martin s last video on DO NOT CHANGE YOUR STRATEGY if feel I need much more data to know for sure.
I think my "one year to being a pro" upon reflection was very ambitious but I was mis led by my early insane ROI and P/L ratio. I think for me 2 years is more realistic. The main thing is I am still having fun and still learning so that's good, I still have the drive to be financially independent!
How long have you been trading for?
I'm around 20yrs in and only now do I feel it is within reach
Trading Spreadsheet linked below
https://www.dropbox.com/scl/fi/3gnk1vku1krkoyfcq37y6/Trading-Bible.xlsx?rlkey=01eqhp8u73s61iy2s814sqfll&dl=0 -
@Richard-Latimer I found when I first started that the results all seemed to go in my favour on the few strategies I had. Maybe it was my naivety or wishful thinking but I thought I found a golden egg early on and that was going to continue for me! I guess variance kicks in and now different leagues will be in action and others not. So it be interesting to compare next Dec to last to see if it's a seasonal thing or if I was just seeing a very higher strike rate for that strategy which is not representative of the overall data. Having watched @Martin s last video on DO NOT CHANGE YOUR STRATEGY if feel I need much more data to know for sure.
I think my "one year to being a pro" upon reflection was very ambitious but I was mis led by my early insane ROI and P/L ratio. I think for me 2 years is more realistic. The main thing is I am still having fun and still learning so that's good, I still have the drive to be financially independent!
How long have you been trading for?
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@Alex-Rule said in Alex's - one year to being a pro:
Month 5 of trading.
April has been a real struggle for me (I take slight comfort in the fact that it seems to be same way for a lot of people). A pretty heavy loss this month for me down £79.85 which is a bit of a punch in the gut!
A few of my strategies seem to be slowing down and I hope this is just to do with variance.
Highlights
- Under 3.5 goals filter till maintaining a good level of profit with a 6.87% ROI currently.
Lowlights
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My Home Win at half time filter seems to have dropped off the edge of a cliff. Might be time to see if anything can be done to save it.
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Under 1.5 goals has taken a bit of a bit this month and has half the ROI it had last month which is very frustrating.
I have paper traded some inplay strategies for FHG and SHG at various entry points. I need to do more work on these to see if I can make them work for me with odds ranges.
I feel like with a full time job, set and forget and now inplay data collection it feels like a lot of work and I need to find a way to manage it better - maybe setting set hours when I will trade and then having clear AWAY time where I have a break to regroup!
Let's see if better weather in May means better results for all!
https://docs.google.com/spreadsheets/d/14sQHc1a_-Q92Y0nIh0JIPTU3-hese2svcynRGef9aog/edit#gid=0What data are you looking at in under 1.5's? I've noticed a few things which while profitable over the course of a year weren't amazing and so I removed them immediately.
