August 27, 2016

Galileo Racing

This is the 13th and final weekly report and covers the period 18th -23rd August

Week 13:-  Opening Bank £127.84     Closing Bank £112.32

Only 5 selections during the week produced just 1 placed effort.The bank fell by 12% through this week and at the end of this trial  is 30% down from opening bank of £160.This is a drop of some 24 points.

The service was marketed as providing  a minimum of  1 to a maximum of 4 selections a day but as has been demonstrated this has not been the case, indeed several of the weeks barely getting past  4 selections in a week.A further claim that selections would be available the day before so that early prices could be take was also not borne out as on the majority of the days during the trial selections were not available before 10.00 at the earliest on the day of the races.Finally the service claimed they had only 1  losing month in 15 months but during this trial has lost in all 3 months.

Given that the service lost some 24 points and costs £39.50 a month or £89.50 per quarter I would say this trial has been a Fail.

 

 

 

Filed under Backing,Horse Racing Systems by Doug Wheatland

0 comments

Roger has decided to pull the plug for the rest of August. With range greatly diminished, a bank holiday approaching, the city traders mostly on holiday {and so not in full control of the markets} and price erratic in nature then its best left alone for the last few days.

The first two months live trading and authenticated results produced.

July +103 pips / +8.4% account growth.

August +112 pips / +5.9% account growth.

That’s over 14% account growth in two months, 22 trades and 215 pips all taken live and authenticated by the trade copier replication service, 4xsolutions.

The pips and percentage growth were achieved by selecting the ‘mirror master trader’ option within the copier platform. The average risk per trade for the 2 months was just 33 pips and a very reasonable 2.1%.

Drawdown is very low indeed and all trades have been authenticated. You do not have to ‘mirror’ the risk that Roger uses; you can go your own way with several other options.

You can join now for September for £69 {INSTEAD OF £79} quoting ref: GLCM

Or you can take a subscription for the rest of the year @ £245 {INSTEAD OF £316} again quoting GLCM

You need an MT4 platform, Roger recommends FXCM {he is not affiliated so you do not need to mention the service} and if in the UK a variable spread, spread betting platform is the most beneficial.

4xsolutions are the company he uses to replicate his trades, if you already have an MT4 platform ask them if they are acceptable first {99.9% are}.

All details can be found here:

http://www.consistentforextrading.com/#!trade-copier/qq1i0

Open the ‘To Join’ PDF, read it, and then follow instructions 1-3 and you’ll have no problems.

When it comes to paying for the service just pay the amount you’ve chosen from above and quote the reference GLCM.

An exceptional first 2 months in what is commonly known as one of the most difficult periods of the year to actively trade. The follow-up, PDF updates and answering service are second to none.

He now even tweets progress of each trade live as its happening, he has stated that this is not an official part of the service because occasionally due to the other part of the service he may not have time to keep tweeting.

Best way to view the tweets is as a bonus, if you’re connected via the www or your phone you can follow along if desired.

The website is updated at least once per week, often more, so if you’re not interested in joining just yet but are interested in progress keep an eye on the site.

Filed under Forex,Spread Betting by CashMaster

2 comments

August 24, 2016

Progressive Form Strategy

Martin Blakey has been making his living from handicap races for decades. He is forever tightening and refining his methods to increase winners and decrease losers, and he now feels that his latest method, which has been created in conjunction with a mathematics genius, may be the best yet. Certainly the first month’s results are extremely promising. It’s not the cheapest but results suggest that £10 stakes could pay a year’s subs in a week. Obviously I would like to see more than one month’s results, so we are here to take it through its paces. It only involves a few selections a week, so not time-consuming.

Now two weeks in, it’s time for an update.

On System 1 there have been 12 runners, one winner, four places, one NR for a BSP return of -4.13 points

On System 2 there have been 8 runners, one winner, two places for a BSP return of  -2.02 points

Additionally, the accas come to -32.21 points and the reverse forecasts to -4 points

Martin is soon to introduce a laying aspect to the strategy, which I will also monitor.

You can read more about the service and join up here.

Filed under Backing,Each Way,Horse Racing Systems by Dave Yeates

0 comments

August 22, 2016

Heikin Ashi Mountain

Overall system standings after week 3:

Trades made: 27 of which 0 are still open. Of the closed trades 10 where closed for a profit.

Profit is -131.81 pips, £-66.91 from a £2.5k starting bank.

Average Stop is 124.73 pips.

The Instruments I opened this week were:

Silver
Gold (Sell & Buy)
EURCHF
Silver
GBPUSD

Filed under Forex,Spread Betting by Arthur

1 comment

Week 4:
Number of qualifying selections: 12; Winning bets: 11; SR: 91.7%; Profit: 9.47 points.

Overall:
Number of qualifying selections: 40; Winning bets: 28; SR: 70.0%; Profit: -0.12 points.

Filed under Horse Racing Systems,Laying by Arthur

0 comments

August 20, 2016

Galileo Racing

This is the 12th weekly report and covers the period 11th -17th August

Only 4  selections during the week produced 1 winner and 1 placed efforts.The bank rose  by 12.6% but still remains some 20% down from opening bank of £160 at the start of the trial.

Week 12:-  Opening Bank £113.50     Closing Bank £127.84

Filed under Backing,Horse Racing Systems by Doug Wheatland

1 comment

This is proving to be very ‘consistent’.

Monday had a 31 pip winner, although I personally got stopped out at breakeven because of the type of account I have at GKFX which has a fixed spread. It turns out that anyone on the SB-2 account like me had the same problem whereas others on their variable spread SB-1 account got the 31 pips.  Roger uses FXCM so it might be worth considering either switching to those or, as I’ve done, request GKFX to give me an SB-1 account. Live and learn.

Tuesday was a 23 pip loser (which sucked for those of us missing the winner on Monday), but today saw a nice 63 pip winner taking us nicely into profit for the week.

You can try the trade copier here:

http://www.consistentforextrading.com/#!trade-copier/qq1i0

Filed under Forex,Spread Betting by CashMaster

0 comments

August 17, 2016

iWinSoccerBets

I am starting a new trial of iWinSoccerBets. We did initially start a trial in June but the reviewer was unable to continue.

The service costs £29 per month, with cheaper deals available for longer subscription periods.

Selections are obtained from the members area of the website, I have been told that an email reminder service will be starting up this week.

This service is different from the usual tipster services in that there are tips available for free if you just register on the site. You have the option of signing up for VIP tips, which the owners claim have a better long term level of profitablity than the free tips. Obviously, for the purpose of the trial I will be recording both free and VIP parts of the service.

Bets are available up to 7 days in advance of the game, the first screen you see when you log in shows you the “Top Picks” currently available. You can then click a tab and see the “Best of the Rest”. This lists all the bets advised for the week (selections are added on Monday & Thursday mornings) and you will see the selections available to your level of membership.

The bets are very clearly written out and cover most of the usual score and stat type bets. By default, all bets are advised as 1 point bets but you can also click a tick box to see what the owners recommend as their Advised Stake.

It all sounds rather muddly but is actually really quite clear when you are looking at the screen.

What is a little problematic, is how I best go about recording results and reflecting what type of bet/staking/membership is going to be the most profitable. So I’ve written a new spreadsheet to record and separte all the different factors. Free bets, Vip Bets, Top Picks, Basic Stake and Advised ataking all have to be clearly viewable.

I did email to ask about starting bank and staking levels. They say that customers are free to choose their own level of risk and they did explain to be the way they calcuate their staking advice. That method would be totally unsuitable for the vast majority of customers, so I’ve said that I’m going to use the standard £1000 bank made up of 100 points. They record all their profit and loss figures to £100 stakes, as I seriously doubt many readers would be betting at that level, I’m much more comfortable recording to £10 a point.

After last weekends fixtures, the basic bank is 0.5 points down and the advised bank is 4.5 down.

DETAILED RESULTS FOR IWINSOCCERBETS

REGISTER FOR IWINSOCCERBETS HERE

Filed under Football by Liam

0 comments

August 16, 2016

In Running Trading

This is the 7th weekly report on In Running and covers the period 6th July-13th Aug inclusive.

A good  week found 10 dobbing opportunities of which 9 worked.

Total gain for the week was  a net 7.55 points bringing the running total for 49 days to 56.70 points.

Date Course Time Horse Back Lay Postn P/L
06/08/2016 Ayr 1840 Jay Kay 6.00 3.00 2nd 0.95
08/08/2016 Ayr 1630 Nicholas T 9.60 4.80 5th 0.95
08/08/2016 Ballinrobe 1840 Notimetoserve 10.00 5.00 6th 0.95
09/08/2016 Thirsk 1500 Ferdy 14.40 7.20 4th -1.00
09/08/2016 Thirsk 1735 Bazula 18.50 9.20 5th 0.95
10/08/2016 N.Abbot 1640 Bob Lewis 9.00 4.50 4th 0.95
10/08/2016 Beverley 1735 I’ll Be Good 10.60 5.20 2nd 0.95
12/08/2016 Newbury 1520 Cool Macavity 16.60 8.20 7th 0.95
12/08/2016 Newbury 1630 King Crimson 7.60 3.80 5th 0.95
12/08/2016 Newmarket 1800 Bahamian Heights 11.00 5.50 6th 0.95

Filed under Backing,Horse Racing Systems,Laying by Doug Wheatland

5 comments

August 16, 2016

Galileo Racing

This is the 11th weekly report and covers the period 4th -10th August

5  selections during the week produced 1 winner and 1 placed.The bank rose  by 11.40% but still remains some 29% down from opening bank of £160 at the start of the trial.

Week 10:-  Opening Bank £101.92     Closing Bank £113.50

Filed under Backing,Horse Racing Systems by Doug Wheatland

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