Saturday 20th Dec – Day 5
Sorry this is a bit late. Very delicate after the night before!
A busy day with 22 selections. Regrettably I forgot about the evening racing at Wolverhampton. I checked 4 race meetings, and this took 30 minutes.
We had 2 winners, but, the way the system works both of these actually returned losses; I have observed this before on the previous attempt at testing this system.
Summary:
22 selections, 2 wins and 19 losses, Profit -£11.80
Start Bank £250, end bank £261.50, profit 1.15 points
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Filed under Horse Racing Systems by Arthur
21/12/08
Running Total £1290.85
Chievo v Genoa +£11.40
Torino v Napoli +£11.40
Stakes up to £13
Arsenal v Liverpool +£12.35
Monaco v Bordeaux +£12.35
End of Test Total £1338.35
Total Profit +£338.35
Profit based on staking 1% of starting bank and recalculating after bank increased by £100. Profit made is after 5% Betfair commission paid.
I will write up a final review over the next day or so and give my final verdict.
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Filed under Football by Liam
Sunday, 21st December
Three weeks into the trial now and steady, if unspectacular, progress. The author states that the method only produces bets in about 15% of races and I have found this to be the case, with only three productive days this week and finding just three bets in all. However, all three were successful, so no complaints from me. There is no doubt that my cautious approach reduces the number of bets which one might accept and this will always be a matter of ones personal approach to risk. For example, I identified a possible bet today but rejected it because it didnt fully match the rigidly applied rules of the system. Needless to say, it went on to win it’s race, leaving me with a feeling with which bettors everywhere will be familiar!
The results so far:
Current Bank £569.72
ROI 11.14%
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Filed under Backing,Horse Racing Systems by Terry Shepherd
Again only one turf based meeting today. The comment I made yesterday brings todays results into focus.
Version A:
12:50 Carlisle
Loss on race: £6.00
13:25 Carlisle
Loss on race: £6.00
13:55 Carlisle
Loss on race: £6.00
14:25 Carlisle
Loss on race: £6.00
15:00 Carlisle
Loss on race: £6.00
15:30 Carlisle
Profit on race: £1.71
Bank Brought Forward: £540.09
Profit / Loss: -£28.29
Current Bank: £511.80
Overall Loss to date: £88.20
Version B:
12:50 Carlisle
Loss on race: £6.00
13:25 Carlisle
Loss on race: £6.00
13:55 Carlisle
Loss on race: £6.00
14:25 Carlisle
Loss on race: £6.00
15:00 Carlisle
Loss on race: £6.00
15:30 Carlisle
Profit on race: £1.71
Bank Brought Forward: £580.37
Profit / Loss: -£28.29
Current Bank: £552.08
Overall Loss to date: £47.92
Not a good day for the system today. Two races with second place horses (14:25 and 15:00), would have needed both to have won, but then would have finished one race early.
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Filed under Backing,Horse Racing Systems by David Aston
20/12/08
Running Total £1268.05
Panionios v Asteras +£11.40
Caen v Lyon +£11.40
Running Total £1290.85
Last day of testing today(Sunday). Selections have been a bit thin on the ground recently but there are a few possible qualifiers this afternoon.
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Filed under Football by Liam
Friday 19th December
Only one turf based meeting today. Personal decision as to whether you should bet on days like this.
Version A:
12:45 Ascot
Profit on race £3.61
Bank Brought Forward: £536.48
Profit / Loss: £3.61
Current Bank: £540.09
Overall Loss to date: £59.91
Version B:
12:45 Ascot
Profit on race £3.61
Bank Brought Forward: £576.76
Profit / Loss: £3.61
Current Bank: £580.37
Overall Loss to date: £19.63
Nice and easy…… one and done.
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Filed under Backing,Horse Racing Systems by David Aston
Friday 19th December
A nice straightforward trade on the EURUSD in the morning netting around 90 pips profit. Unfortunately for me I was back to school run duties so I missed it:
There wasn’t anything else in the afternoon.
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Filed under Forex,Spread Betting by Graham
19/12/08
Running Total £1256.65
Naval v Vitoria +£11.40
Running Total £1268.05
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Filed under Football by Liam
Thursday 18 Dec – Day 4
Much more activity today with 19 selections, and a full 2.08 point profit. Well, it’s the best daily profit to date! Remember I am using £10 stakes, so the profit is 2.33 points in 4 days.
Summary
19 selections, 3 wins & 16 loosers, profit £20.80
Start Bank £250, profit £23.30, New Bank £273.30
No selections tomorrow. My “leaving do” and Xmas party.
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Filed under Horse Racing Systems by Arthur
Thursday 18th December
I had one of my quickest trades this morning on the GBPUSD. I’m still setting my Order to Open 4 pips above the Buy opening point and 1 pip below the Sell to allow for the spread in IG Index. The trade opened just after 11am and very quickly moved 20 pips into profit (in seconds). I moved my stop to break even and the trade reversed just as quickly and stopped me out. The whole thing couldn’t have taken more than 30 seconds:
I’ve also noticed double bars happening on the 10 minute GBPUSD chart, as in the screenshot above. It doesn’t seem to affect the way it works but it’s certainly odd. It disappears if you refresh the charts though but refreshing is a bit of a pain because I’ve also noticed with the new feed it seems to take ages for the ‘Retrieving Tick Data’ to complete… minutes instead of seconds. Hopefully these are just teething troubles.
I also had about five e-mails today from users asking me to detail exactly how I manage my trades.
Basically I enter 4 pips above the TESS BUY signal and 1 pip below the SELL signal using the Order to Open. As soon as I hear the bong and the trade goes live I double click on the Stop and alter the stop level in the ticket to the entry level. I then keep my finger pretty much hovering over the button waiting for the trade to go around 20 pips into profit at which point I hit the button and lock in a break even trade. Then I allow the trade to go out to 40 pips and move my stop to 10 pips profit and follow the market keeping roughly 30 pips behind the market, moving my stop in steps of 10 pips at a time.
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Filed under Forex,Spread Betting by Graham
