14th July 2013, 08:45 AM
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Member
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Join Date: Aug 2010
Posts: 1,037
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Quote:
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Originally Posted by stugots
Applied that logic to my punting a long long time ago The Ocho, because despite what many say, the state of the track (unless we are talking a complete bog or torrential downpour) makes absolutely no difference to whether one can turn a profit or not.
Heavy(10)?? ppffftt - eat em for breakfast  |
Bog (15)??, Quagmire (20)?? ppffftt - trading wise it doesn't matter. 
It does matter if you suck at trading though or if you're having a bad day as I did yesterday unfortunately. 
I was checking out my profit after about race 5 at Caulfield when I was about $33 up. I thought this is rubbish. As it turns out I would have loved to finish $33 up. Races 6 & 8 at Caulfield and Launceston Race 6 were my worse races for a very long time. I guess I was going a bit overboard with the amount of money I was trading with and then not getting out as soon as the prices turned on me. Same old lack of restraint I'm afraid. Maybe it was because yesterday was the 13th.
It really didn't help that I couldn't trade the Launceston races until about 30 seconds before start time because of a total lack of money on those markets. Why wasn't there a second Victorian meeting yesterday anyway??
I'm not sure I can really trade profitably with such large gaps between races rather than one race after another when trading last time out. I can't get into the vibe of the markets. This turnover tax sucks.
Session 5 (Sat 13/07/2013): Trading Profit Today -$58.87 (16 races traded - Caulfield & Launceston)
Running Total
+$137.76
__________________
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”
― Earl Nightingale
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