April 19, 2009

Quick On The Draw

Latest Results as follows
 
Weds April 15th
 
One race and we found the winner
 
Bookmaker Sp 6.00 +20.00 (Total to Date +134.15)
Betfair Sp 8.36 +25.46 (Total to Date +185.10)

Friday April 17th
 
Two races. Race one lost
 
Bookmaker  -15.00 (Total to Date +119.15)
Betfair  -15.00 (Total to Date +170.10)

Race two. We got the first three home
 
Bookmaker Sp 5.50 +12.50 (Total to Date +131.65)
Betfair Sp 5.98 +14.15 (Total to Date +184.25)

Filed under Backing,Horse Racing Systems by Graham

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April 17, 2009

Wealthbuilder

Friday 17th April

No trades today.

9-11 Method.
Daily Profit:+£0
Total Profit:+£90

Filed under FTSE 100,Spread Betting by Graham

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Friday 17th April

Yesterdays last trade ended up a loser unfortunately but we still made 90 pips on the day.

A winner first thing this morning:

Then another:

And another:

But then a loser:

And another loser:

So a break even day today making it 110 pips on the week. I started trading this back in the middle of May last year so I have one more month to go and I will have a full years worth of results, all blogged right here.

I will do an annual review and include a bunch of info from other readers which is very interesting, and profitable!

Trading at £10 a pip level stakes, without compounding, it’s now made £48,070 profit so it would be good to hit the £50,000 tax free profit before the 12 months are up. I’m seriously considering upping my stake to £20 a pip as an extra £100,000 a year tax free is always welcome.

Filed under Forex,Spread Betting by Graham

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April 17, 2009

BingoBonusBlaster Test

Another losing day. I had 2 lines waiting nearly at the start for just one number each, but no joy again. No more bets until Monday as per rules. 

Day 9

Opening Bank £96

Lost £12

Running Loss/Profit -£61

Balance £84

Filed under Virtual Games/Casino by Tony McCoy

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April 17, 2009

The Protégé System

Over the next few weeks I am going to be testing a new backing system from Sportsworld Publising called “The Protégé System”. This new system is for Flat racing only, and concentrates on particular race types that fall under the Flat code. The selection process is very simple, and potential bets can be found using either the paper or online versions of the Racing Post. Users who decide to go with the online version will be able to find their selections the evening before if they wish.

Unlike many systems that require some degree of form analysis, The Protégé System doesn’t actually take into account any form at all. Selections are made using only certain pieces of information relating to the horse, not how it has performed in the past. This has the potential to produce selections across the whole odds range, and therefore the possibility of some winners at mouth watering prices.

The author advises a starting bank of 100 points, with 1 point being bet on each selection (there can be more than 1 selection in any particular race by the way). For the purposes of the trial I am going to start with a bank of £1000, and therefore a level £10 stake per selection. For the sake of transparency and ease of monitoring, I will record all results based on the industry standard SP. The author does in fact discuss the options of betting on the exchanges or with enhanced Tote odds, but that choice is down to the individual user.

 

Filed under Backing,Horse Racing Systems by Les

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April 16, 2009

Wealthbuilder

Thursday 16th April

A winner then a loser today.

9-11 Method.
Daily Profit:-£30
Total Profit:+£90

Filed under FTSE 100,Spread Betting by Graham

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Thursday 16th April

A good day today with six winning trades so far.

A winner:

Then another:

And another winner:

One more:

And again:

Yet another winner:

This one is still going so I’ll update the result tomorrow:

Filed under Forex,Spread Betting by Graham

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April 16, 2009

BingoBonusBlaster Test

No joy this morning, even with purchasing higher value tickets. Halls are a little bit quieter midweek, but several players pile on in the last few seconds, so it is not always easy to predict how many you will be playing against. The fewer the better, depending on the prizes.

Day 8

Opening Bank £108

Lost £12

Running Loss/Profit -£49

Balance £96

Filed under Virtual Games/Casino by Tony McCoy

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April 15, 2009

Wealthbuilder

Wednesday 15th April

There were no trades on the 9-11 method yesterday but a winner today.

9-11 Method.
Daily Profit:+£120
Total Profit:+£120

Filed under FTSE 100,Spread Betting by Graham

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Wednesday 15th April

A few readers have told me that they’ve done well entering all qualifying trades on a particular market regardless of if they are already in one. Yesterday, for example, I did not include a winning trade in my results because I was already in a losing trade on the same market that hadn’t finished. However, it seems it’s ok to enter all trades regardless. So if you are in a Buy trade and you get a sell signal lining up, then you can set an order to open for the sell trade too. This also applies if you get another signal in the same direction, it’s ok to open another trade in the same direction, which effectively doubles your stake I suppose.

So from now I’ll report all trades using my method.

A loser first thing this morning:

Then a winning trade:

And another:

Filed under Forex,Spread Betting by Graham

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