day 12

1 lay, it lost, +1 on the day

+3 running total

The Indian Premier League returned today, back in India, after last years excursion to South Africa.

The result of the trading today was as follows:

Deccan Chargers vs Kolkata Knight Riders

Loss: £4.96
Bank: £1005.78
Profit to date: £5.78

Deccan were the favourites pre match, bowled well, and the lay bet duly placed. Unfortunately they started well, and the stop loss back bet was invoked.

However, even though Deccan traded at around 1.06 during their innings, they eventually lost! They say that football is the game where anything can happen, well 20-20 cricket did the same today, but the bank still lost money I regret to say.

Today’s results were as follows:

Selections: 8
Winners: 5
Losers: 3
To Staking Plan:
Loss at Early Prices: -£69.50 (to date -£27.84)
Loss at 2′ to off: -£66.44 (to date £19.29)

To Level Stakes:
Loss at Early Prices: -£113.50 (to date -£92.00)
Loss at 2′ to off: -£100.50 (to date -£116.20)

Oh dear! Serious losses all round today. Hope the weekend will be like the last to turn things round.

I have been asked by Graham to blog and monitor Zulutrade.

Zulutrade are a company that list a host of Forex Signal Providers that traders can assess and trade through by using the traders knowledge and experience. Some trade by EA others will have their own manual methods.

You have to sign up with one of  Zulutrades referering broker partners for Zulutrade to receive their commission on your trades so it is not a free service by any means or if you already hold an account with one of the brokers you need to notify your broker that you wish Zulutrade to act as an intermediary and transfer permission over to them.

The trades placed are done so remotely, so that the signal provider has no details of your account. There is also no need to keep your PC on either as all trades are executed from Zulutrades server.

You can choose a signal provider based on a range of their listed performance figures, whether it be trading style, pips won, success rate or drawdown et al., the choice is  entirely up to you. It is possible to limit how many orders providers can have open at any one time and the size and number of lots also.

I have a demo account of 50k set up and will report back my experiences of both Zulutrade and my chosen signal provider(s).

12/3/2010

Not quite such a good four days, a small pullback from the previous total. Let’s see what the weekend brings.

P/L Overall +5.2pts
Strike Rate 62.2%
Av. Odds 1.91
ROI 11.27%

Ok, this is a pointless bit of fun but I’ve only managed to get to level 3 on this with Denman:

http://www.cash-master.com/denmangame.php

THURSDAY 11TH MARCH 2010

Winners listed below:

            1. 14:30 Wincanton - Cat Six Won @ 2.12
            2. 14:35 Clonmel - Tijuana Dancer Won @ 2.56
            3. 15:00 Wincanton - Bradford Boris Won @ 3.30
            4. 15:15 Carlisle - Middleton Dene Won @ 2.72
            5. 15:25 Southwell - Juicy Pear Won @ 2.00
            6. 15:35 Wincanton - Ciceron Won @ 2.00
            7. 17:15 Clonmel - Psycho Won @ 2.00

No losers rolling over to tomorrow.

Daily Profit: £29.22

Total Profit: £108.78

Day 16

11th March

Ouch, another losing day yesterday:-£98

Total Profit:-£13.50

day 11

2 lays both too big a price

+2 running total

Today’s results were as follows:

Selections: 6
Winners: 6
Losers: 0

To Staking Plan:
Profit at Early Prices: £21.38 (to date £41.66)
Profit at 2′ to off: £13.06 (to date £85.73)

To Level Stakes:
Profit at Early Prices: £57.00 (to date £21.50)
Profit at 2′ to off: £57.00 (to date -£15.70)

A return to form today, with a full house, helping to move the banks in the right direction. However not one of the horses was under 6.0 at either price taken, meaning smaller profits on the staking plan.

WEDNESDAY 10TH MARCH 2010

Winners listed below:

15:10 Fontwell - Ray Mond Won @ 2.23

Two losers rolling over to tomorrow.

Daily Profit: £28.81

Total Profit: £79.56

Day 15

10th March

A losing day yesterday:-£118.50

Total Profit: £84.50

day 10

1 lay, too big a price

+2 overall

Today’s results were as follows:

Selections: 5
Winners: 3
Losers: 2

To Staking Plan:
Loss at Early Prices: -£72.12 (to date £20.28)
Loss at 2′ to off: -£66.14 (to date £72.67)

To Level Stakes:
Loss at Early Prices: -£21.50 (to date -£35.50)
Loss at 2′ to off: -£23.90 (to date -£72.70)

Four winners over the last couple of days have put both sets of banks back a fair amount from where we were at the weekend. Hopefully things will bounce back in the next couple of days.

TUESDAY 9TH MARCH 2010

Winners listed below:

14:10 Southwell - Wheres Reiley Won @ 3.14

Four losers rolling over to Wednesday

Daily Profit:-£25.82

Total Profit: £50.75

Day 14

9th March

A losing day yesterday:-£101.50

Total Profit: £203

day 9

2 lays, both prices too big (and one won)

+2 running total

Today’s results were as follows:

Selections: 6
Winners: 4
Losers: 2

To Staking Plan:
Loss at Early Prices: -£18.06 (to date £92.40)
Profit at 2′ to off: £17.06 (to date £138.81)

To Level Stakes:
Loss at Early Prices: -£102.00 (to date -£14.00)
Loss at 2′ to off: -£95.00 (to date -£48.80)

Level stakes hit very badly today by a large priced winner, and with that wiped out the previous profits, but due to price movements, a small profit made on the later prices with the staking plan.

Here are the results for the last few weeks, not as good as previous but there’s a couple of bad losses there and it still hasn’t lost money:

Well the LOF bot has gone on sale today.

I was fortunate in that I have already given access to the bot to see how it all works and so I’ve run it since March 1st on a Betfair account that had around £500 in it. I set the bot to bet to a liability of 5% of the bank so the maximum loss on a losing bet is 5%.

I like the idea of this because it means that the betting bank can never get wiped out even on a long losing run, but a long winning run would mean significant profits as the profit on each bet increases.

The bot is very simple to use. Basically the first time you use it you set how you want it to stake, whether level stakes (and how much) or a percentage of bank and how much etc. You only have to do this once. Then you just click on the start button and leave it.

I decided to run it on my virtual server as I use one anyway for Grey Horse Bot. The advantage of this is that you never have internet connection problems and you don’t have to leave your computer on. The bot has a clever setting that allows it to restart itself at the start of each day.

Theoretically this means that you can turn the thing on and then never look at it again. Perhaps check your Betfair account in six months and see how you’ve done.

In practice though I see that it’s a good idea to check that it’s running properly occasionally.

I left it on and didn’t check for the last couple of days and this morning when logging in I saw there was a message saying there was a problem with my subscription. The bot hadn’t bet for the last couple of days. A quick e-mail to Matt and the bots working again. So if you’re going to go for the Virtual Server route then it may be an idea, for the first few weeks anyway, to check its running properly in the morning. Obviously if you’re running it on your own computer then you’d notice if it’s not running.

Anyway, the bot made £200.38 profit in seven days with a £500 bank:

Early days but certainly very encouraging.

LOF is available here:

http://www.cash-master.com/LOF.php