Wednesdays Bets:

Brighton   3:00 Spanish Diva LOST -£50
Brighton   4:00 Count Ceprano LOST -£50
Brighton   4:30 This Ones For Eddy LOST -£50
Kempton    6:50 Inquisitress Non-Runner
Kempton    7:50 Missile Dodger LOST -£50
Kempton    8:50 Hilbre Court LOST -£50
Kempton    9:20 Vilna LOST -£50
Newcastle  2:20 Lahaleeb WON 9/2 +£225
Pontefract 4:10 The History Man LOST -£50
Yarmouth   7:05 Linda Green LOST -£50
Yarmouth   7:05 Just Spike LOST -£50
Yarmouth   8:05 Askar Tau WON 4/11 +£18

Daily Profit:-£207
Total Profit:-£364

I was beginning to think the worst of this service until we got a 9/1 winner yesterday. It’s an odd one because he is tipping odds on selections that are losing and some nice priced selections that are winning. Of course we still need more winners like this to make it profitable so it’ll be interesting to see how it pans out. There are certain things going on in the background too which I shall expand on in my review of this service.

Wednesdays bets:

Act of Diplomacy Kempton    8:20 LOST -£50
Hippolytus Newcastle        4:20 LOST -£50
Rochefort Kempton           8:50 LOST -£50
Cryptonite Diamond Brighton 5:00 WON 9/1 +£450

Daily Profit: +£300
Total Profit: -£358

Regarding Tuesdays no trade, just to remind you my trading times are 7am-11am and then 1pm-3pm if I haven’t already made a good profit in the morning. So pretty much the default except I go an extra hour in the mornings. This was by accident as I always thought these were the recommended trading times.

Anyway, one of our readers, Norman, e-mailed on Tuesday to say there was a qualifying trade at 11.35 using my settings which netted a 15 pip profit using the trailing stop (although he closed early taking 25 pips). So well done Norman. I don’t know how well my settings perform outside of the normal trading times so if anyone else is using my settings at different times I would be grateful if you could let me know how profitable (or not) they are so that I can let readers know.

On to yesterday and there were no trades in the morning but a lengthy trade in the afternoon netting me 29 pips. At one point I had almost double that and in retrospect I wished I had closed the trade earlier. As you know I just let the trailing stop always determine the exit point of a trade but I’m begining to wonder if it might be more profitable long term to take the profit when it goes over a certain point… say 50 pips. Of course, the drawback to this would be that I would miss the really big trades where I can get 100+ pips but I will have to go back over all my trades in the last three months and work out which is more profitable overall.