Thursdays bets:
Honest Quality Sandown 3:20 WON 6/4 £75
Kirbys Vic Uttoxeter 4:20 LOST 13/8 -£50
La Estrella Uttoxeter 2:35 LOST 5/2 -£50
Hello It’s Me Uttoxeter 3:45 LOST 11/2 -£50
Daily Profit: -£75
Total Profit: £50
0 commentsJuly 25, 2008
Ex-Jockey
July 25, 2008
The Cambridge System
Day 19 – (Thursday 24th July)
Today I looked at one meeting – Bath.
Profit Target: 3.0 Points
2:20 @ Bath: Five Star Jr odds 5.50 Lost Profit/ Loss: -£30.00
2:55 @ Bath: Personify odds 5.00 Lost Profit/ Loss: -£30.00
4:05 @ Bath: Music Box Express odds 4.50 Lost Profit/ Loss: -£30.00
Starting Bank: £1,000.00
Bank Brought Forward: £ 593.60
Total Profit/ Loss for the day: -£ 90.00 (-3.0 points)
Total Bank: £ 503.60
0 commentsJuly 24, 2008
The Cambridge System
Day 18 – (Wednesday 23rd July)
Today I looked at three meetings – Catterick, Lingfield & Worcester.
Todays a winner, good job as we were running out of bank! Target well achieved and beyond with just two races
Profit Target: 3.0 Points
2:00 @ Lingfield: Dazzling Light odds 2.63 Lost Profit/ Loss: -£30.00
2:20 @ Catterick: Aldermoor odds 7.00 Won Profit/ Loss: +£180.00
Starting Bank: £1,000.00
Bank Brought Forward: £ 443.60
Total Profit/ Loss for the day: +£ 150.00 (5.0 points)
Total Bank: £ 593.60
0 commentsJuly 24, 2008
Favourites Phenomenon System
Things are, at last, returning to normal after a very hectic couple of weeks and I’m now in a position to bring my report up-to-date… after that I’m off to put my feet up!
Monday 14th to Wednesday 16th produced winning favourites in the 1st, 4th and 1st races of each sequence, respectively. However, I haven’t checked to see whether each day qualified based on potential liability. Thursday 17th saw a relatively large percentage of short priced favourites and the potential liability was too high for the system. On Friday 19th, there were a number of odds on favourites that did not qualify for the system and could be ignored, so it was possible to go ahead: second race in the sequence was won by the favourite, so it was another easy day. Saturday I ignored as usual, because I don’t like juggling with four afternoon meetings and because my decision fit’s with system guidelines. Sunday was a repeat of Thursday.
Moving on to this week, Monday to Wednesday produced winning favourites in the 2nd, 3rd and 2nd race of each sequence, respectively. Again, I haven’t checked to see whether each day qualified on potential liability.
Unfortunately, over a ten day period I’ve only had one qualifying day. However, anyone using this system on a daily basis would be showing profits well in excess of mine.
I shall now return to reporting once per week, or so I hope. Also if this wasn’t a test, with my profit at 10% of the bank, I would now be increasing my stakes by 10%.
RESULTS - for Monday 14-07-08 to Wednesday 23-07-08
Starting bank: £2000
Daily target: £10
P/L: £200
Current bank: £2200
0 comments
July 24, 2008
Ex-Jockey
A better day yesterday for Lee:
Zizou Worcester 4:10 9/2 Won £225
Princess Ellis Catterick 3:20 13/8 Lost -£50
City For Conquest Lingfield 5:00 4/1 Won £200
Trachonitis Sandown 8:45 4/1 Lost -£50
Daily Profit: £325
Total Profit: £125
0 commentsJuly 23, 2008
The Ultimate FX Predictor
I really thought I was going to be having my very first bad week with Tufxp as I had another losing trade this morning. The trade retraced not long after my entering costing me 13 pips.
However, just under an hour later a long trade appeared and again, as I entered I thought it was going to go sour as it retraced again. To be fair I’ve never seen the red digit’s in IG Index so often! But, the bad run couldn’t continue and this trade did the business going long for nearly 100 pips. Very refreshing.
I was actually also messing about with Metatrader at the same time and noticed the trade find a little bit of resistance on the 50.0 Fib line, then break through and straight through the 61.8 and on towards the R1 line. As it neared R1 I decided to close the trade and take a £940 profit. Turns out it did bounce off R1 anyway. I figured it would have to at R1 or the fib retracement of 76.4 because it had gone 100 pips already.
Had I let the trailing stop take me out I would still have made a healthy 68 pips but like last week, I figured 94 was a real windfall and so took it.
I was very pleased with myself noticing the fib lines and R1 etc as so far I’ve just used the mechanical trading of the trailing stop to close out but I’ve definitely made a good few pips extra by reading the market better. This is a funny old learning curve. I’m not really trying to study it and I don’t even watch all the daily videos because I find Kieths voice puts me to sleep (lovely guy by the way, not knocking him!), but I think you just pick up reading the market simply by playing it.
So I’m nicely back in profit for the week and looking forward to tomorrow.
