I think I nearly back on top of things and, at last, I can bring my report up-to-date.

The system is continuing to suffer very poor performance but rather than repeat what I have already said, I will mention more about this when I give my final review on Sunday, or thereabouts.

Since my last report there have been no profitable days.  Sunday I felt it prudent to cut my stakes in order to protect the bank: had I not adopted this policy I think the bank would have been wiped out by now.  Monday was also very poor.  Tuesday and Wednesday there were no qualifying selections for the evening meetings.  Yesterday, there were four selections, two placed and the other two were unplaced.  However, acting on a post on a blog, I cut my (own personal) stakes for two selections that were tipped on a specific website.  As a result I ended up with just a small loss.  Unfortunately, as this strategy doesn’t form part of the system I don’t think it appropriate to include it here. In future, when a selection is tipped on that site (and I don’t think it fair to say which one) I wont lay it.  This strategy seems to have worked for others and I think is worth paying attention to, but again I won’t include it in my results.

RESULTS

Sunday 20th July

15.20 Redcar – Choisette – unplaced – £50 @ 1.76  £47.50  PROFIT

15.20 Redcar – Kyzer Chief – placed – £50 @ 3.70  -£135  LOSS

16.35 Fairyhouse – Ask Jack – placed – £50 @ 2.00  -£50.00  LOSS

Starting bank:                £500
Daily P/L:                      -£185
Current bank:                 £336.50

Monday 21st July – to protect bank stakes reset to £30

19.10 Ballinrobe – Aseasyas – placed – £30 @ 2.74  -£52.20  LOSS

19.50 Windsor – Lodi – unplaced – £30 @ 3.00  £28.50  PROFIT

19.50 Windsor – Superduper – placed – £30 @ 3.40  -£72  LOSS 

20.50 Windsor – Latin Scholar – placed – £30 @ 2.72  -£51.60  LOSS

Starting bank:                £500
Daily P/L:                      -£99.90
Current bank:                 £236.60

Tuesday 22nd – Wednesday 23rd July – no selections

Thursday 24th July – to protect bank stakes reset to £20

17.10 Bath – Orbital Orchid – unplaced – £20 @ 2.82  £19  PROFIT

19.25 Doncaster – Royal Acclamation – unplaced – £20 @ 3.25  £19  PROFIT

20.30 Doncaster – Lilac Moon – placed – £20 @ 2.46  -£29.20  LOSS

21.10 Kempton – My Mentor – placed – £20 @ 2.00  -£20  LOSS

Starting bank:                £500
Daily P/L:                      -£11.20
Current bank:                 £225.40