September 18, 2014

Winning Day Trader

Another losing day for me yesterday. I’ve come to realise my results will be skewed somewhat by the different staking levels on different markets. I’m staking £3 per pip on everything except US Tech which is a minimum of £10 per pip. This means that I could have plenty of winning trades on other markets, and just one losing trade on US Tech would wipe that out. Conversely of course I could have a number of losing trades and still do well with one winning trade on US Tech.

Ideally I should be trading at £10 a pip on all markets but since I’m using real money, and this is still in test phase, I’m not comfortable doing that.

It’s possible of course to just multiply the profit/loss on the other trades to see what it would be at £10 a pip across the board and this may be something I do at the end of the trial.

Anyhow, I’m almost back to square one:

Date Market Size P/L
17/09/2014 Wall Street -1 -£50.40
17/09/2014 US Tech 100 -10 -£321.80
17/09/2014 Wall Street -1 -£41.40
17/09/2014 FTSE 100 3 £27.00
17/09/2014 FTSE 100 -3 £49.50
17/09/2014 FTSE 100 3 £36.60
17/09/2014 France 40 3 £40.50
17/09/2014 FTSE 100 -3 £20.70
17/09/2014 Germany 30 -3 £68.40
17/09/2014 France 40 -3 -£9.00
17/09/2014 Short Interest for 16/09/14 - -£4.07

 

Day Total: -£183.97
Week Total: -£655.50
Overall: £92.88

Here’s Adams results:

17-1

17-2

17-3

17-4

17-5

Filed under Spread Betting by Graham

6 comments

September 17, 2014

Winning Day Trader

I had an almost break even day yesterday with several trades hitting the stops in the morning but then gains made in the afternoon to bring it back again. Adam seemed to be having a tough time of it, made worse by him setting the wrong staking level on one of his own trades by mistake. A costly mistake for him too!

Here’s my results for the day:

Date Market Size P/L
16/09/2014 Adjustment for dividend in  US Tech 100 - -£1.00
16/09/2014 Spot FX NZD/USD 3 £82.20
16/09/2014 Germany 30 3 £24.00
16/09/2014 US Tech 100 10 £141.00
16/09/2014 FTSE 100 -3 £3.00
16/09/2014 Spot FX AUD/USD -3 -£75.90
16/09/2014 FTSE 100 3 -£81.90
16/09/2014 Germany 30 3 £46.50
16/09/2014 Germany 30 3 -£139.50
16/09/2014 France 40 3 -£88.20
16/09/2014 Wall Street -3 £29.10
16/09/2014 Germany 30 -3 £60.60
16/09/2014 FTSE 100 -3 £14.40
16/09/2014 EU Stocks 50 -3 £15.60
16/09/2014 Short Interest for 15/09/14 - -£6.03

 

Day Total: +£23.87
Week Total: -£471.53
Overall: £276.85

Here is the text I got from Adam last night. Quite amazing!

photo-1

photo-2

photo-3

So there you have it. Even pro traders are human and can make costly mistakes!

Here’s his results:

16-9-1

16-9-2

16-9-3

16-9-4

16-9-5

Filed under Spread Betting by Graham

3 comments

September 16, 2014

Bet Alchemist

I last did an update on this service in July and since then it’s really made some remarkable profits.

In fact, since 1st July it’s made a whopping 117.95 points!

So that’s eight straight winning months in a row with this month looking like it’s going to be another one.

Full results can be found on their website.

Bet Alchemist has made profits for seven years now so if you’ve not tried this service then you’re missing out.

They have some excellent bets lined up for the Ayr Gold Cup Festival this weekend. Last year they were on Highland Colori at 20/1 when he won the Ayr Gold Cup under Oisin Murphy. The Kerry National this Wednesday is also on their radar with tips going online today.

You can try Bet Alchemist with a 60 day money back guarantee here:

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

Filed under Backing,Each Way,Horse Racing Systems by Graham

0 comments

September 16, 2014

Winning Day Trader

After a great week last week, I decided to increase my minimum stake from £2 to £3. As Murphy’s law dictates, we had a poor day yesterday and this was compounded by my increased stakes.

Here’s my results:

Date Market Size P/L
15/09/2014 FTSE 100 3 £43.50
15/09/2014 Spot FX AUD/USD 3 £10.50
15/09/2014 US Tech 100 10 £40.00
15/09/2014 US Tech 100 10 -£311.00
15/09/2014 Spot FX NZD/USD -3 £4.20
15/09/2014 Wall Street -3 -£27.90
15/09/2014 Germany 30 -3 £21.00
15/09/2014 Germany 30 -3 £66.00
15/09/2014 FTSE 100 -3 -£93.30
15/09/2014 Germany 30 -3 -£134.70
15/09/2014 Germany 30 -3 -£113.70

 

Day Total: -£495.40
Week Total: -£495.40
Overall: £252.98

Ouch.

The biggest losses came from the US Tech trade that stopped out at the minimum £10 per pip, and we had two full losses on the Dax too.

We’ve had some questions about the size of trading bank required and Adam has answered below. Very sensible as you would expect.

“Having just read a comment on the blog about me having big losing weeks due to my average 150 points a week I want to clear it up. Yes I have losing weeks however they are very rare. I average 150 points a week however some weeks may only be 40 or 70 while others have been as high as 700. I tend to make claims and over deliver rather than claim hundreds and hundreds of points a week and then disappoint.

Also in terms of a minimum bank size, I personally recommend £10k but that is only because the US tech market requires £10/point minimum as you know. Sticking to my 3% rule you would need £10k. I know I can’t enforce people to start with a minimum amount however I want to make it clear that trading with anything less wouldn’t meet my personal risk management rules. “

Here’s Adam’s trades:

15-9-1

15-9-2

15-9-3

Filed under Spread Betting by Graham

4 comments

September 14, 2014

Master Racing Tipster

Date Selection Advised Points Result
08 September 2.30 Brighton, Ginzan 6.00 2 -£   40.00
10 September 2.00 Doncaster, Salateen 4.50 1 £   70.00
10 September 2.20 Carlisle, Dream Approval 3.25 1 £   45.00
10 September 4.35 Carlisle, Bartack 3.75 2 -£   40.00
10 September 7.45 Kempton, Galatian 9.00 1 -£   20.00
11 September 4.10 Epsom, Stephen Hero 7.00 1 -£   20.00
11 September 9.00 Wolv, Strawberry Matinii 13.00 1 -£   20.00
12 September 4.25 Doncaster, Nafaqa 9.00 1 £ 160.00
12 September 6.25 Salisbury, Ganymede 5.00 1 £   80.00
13 September 3.25 Bath, Jillnextdoor 17.00 1 -£   20.00
13 September 3.40 Curragh Cursory Glance 2.63 2 £   65.00

 

Week 8: 5 winners from 11 bets (S/R of 45.45%) for £260.00 using £20 stakes.
Overall: 25 winners from 101 bets (S/R of 24.75%) for £170.00 using £20 stakes

 

Filed under Backing,Horse Racing Systems by Arthur

0 comments

September 14, 2014

Winning Trends

What a difference a fortnight makes!

This service has been treading water since I started following it on 14th May this year. My £500 went down by half and very gradually recovered over the following three months.

Then this happened:

Bets: 491
Successful: 108
Unsuccessful: 383
Strike Rate: 22%
Avg Odds: 5.24%
Profit: £497.85

(Actual profit would be +£597 allowing for the 10/1 winner I missed)

So within two weeks it’s doubled the original £500 starting bank.

This is the thing with horse racing. If you are following a method that is profitable in the long term, you just have to stick it out through the difficult months until you hit the seam of gold.

Filed under Backing,Horse Racing Systems by Graham

0 comments

September 13, 2014

The Diff Code

A winning week this week for the Diff Code:

8/9 No Trade
9/9 + £53.04
10/9 +£53.44
11/9 +£54.60
12/9 No Trade

Weekly Profit: +£161.08
Total Profit: +£298.17

Pretty good for one minutes work each morning.

You can try The Diff Code on a 45 day risk free trial here:

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

Filed under Spread Betting by Graham

0 comments

September 12, 2014

Winning Day Trader

Well, that was a good week!

Here’s todays results:

Date Market Size P/L
12/09/2014 FTSE 100 2 £10.00
12/09/2014 US Tech 100 10 £53.00
12/09/2014 US Tech 100 10 £98.00
12/09/2014 Germany 30 2 £27.00
12/09/2014 FTSE 100 -2 -£13.80
12/09/2014 US Tech 100 -10 -£2.00
12/09/2014 Wall Street -2 £98.20
12/09/2014 Short Interest for 11/09/14 - -£4.86

 

Day Total: £265.54
Week Total: £748.38

So that’s nearly £750 profit to the minimum stakes on IG Index, done mostly on my iPhone while I’ve been getting on with other things.

Here’s a snapshot of Adam’s last message to me:

text

And here’s Adam’s results:

12-9-1

12-9-2

12-9-3

Filed under Spread Betting by Graham

15 comments

September 12, 2014

Winning Day Trader

I had a losing day yesterday, but as a result of technology rather than signals. There was one trade, US Tech 100, where Adam sent a text to close at break even. At the time, I was in an underground car park in a shopping center and just couldn’t log on to IG Index. By the time I got outside, logged on and closed the trade, it was £52 in the red. Doh!

I ended up £16 down on the day instead of £35 up.

I suppose this is one of the drawbacks of day trading, you do need to be able to open and close trades in a timely manner so if you live in an area with poor connections, or know you will be travelling to places with poor connections, this may not work for you.

Here’s my trades:

Date Market Size P/L
11/09/2014 US Tech 100 10 -£52.00
11/09/2014 FTSE 100 2 £6.00
11/09/2014 Germany 30 2 £24.40
11/09/2014 Wall Street 2 £52.80
11/09/2014 FTSE 100 2 -£62.00
11/09/2014 FTSE 100 2 -£28.60
11/09/2014 US Tech 100 -10 -£30.00
11/09/2014 Spot FX EUR/USD 2 £44.00
11/09/2014 FTSE 100 -2 -£6.00
11/09/2014 FTSE 100 -2 £18.40
11/09/2014 Spot FX EUR/USD 2 £21.60
11/09/2014 Short Interest for 10/09/14 - -£3.74
11/09/2014 Daily FX Interest for 3 days EUR/USD - -£1.22

 

Day Total: -£16.36
Total: £482.84

Here’s Adam’s results:

11-9-1

11-9-2

11-9-3

11-9-4

Filed under Spread Betting by Graham

0 comments

September 11, 2014

Market Movers Update

Hi there,

Apologies for the delay in posting, below is the summary of results since the last post on 14th August, upto end of play today (11/9).

169 selections, 33 winners = 19.5% strike rate.  Loss of 25.575pts (@sp).

overall profit/loss since start on 5/8/14 = +5.55 pts. Revised bank = £555

I plan to run the trial til the end of September & all being will post around this time next week.

cheers

jason

Filed under Backing,Horse Racing Systems by Jason Browne

0 comments