Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts

Friday, 31 August 2007

Tonights results

Well, there the last races of the day were later today, so I got to trade on a couple. I would have got onto more but my wife has become addicted to Facebook and I couldn't get her off the computer! I didn't do bad, but I didn't do great either. The first race, I ended up taking a small loss and the second a small profit, so I pretty much stayed where I started. On the second one I had built up a few quid from repeated trades, just taking a tick here and there, but the price was pretty high and so the green up amount was low. I thought, as it was the favourite, it might lower in-play. Nah, it went out the running pretty quick and I struggled to get anything. A lesson against being greedy. Lots of people have said, not to go in-play, even if it is to green up and that is a good example why. Still, if I hadn't been greedy I would have got a better price in-play, if I had got out sooner. Though hind sight is a wonderful thing with 20/20 vision!

There was no in-play football on in time for me to get in at the start, which is part of my plan. So, not a lot happening again. I need to make up for it this weekend.

Monday, 18 June 2007

Umming and arring

I keep getting my fingers burnt by getting into trades too late, just when the market is about to turn. I see an opportunity, where it looks like there is a trend up or down. I watch it until I think it is a definite trend and then enter a trade but I leave it too long before I get in. Perhaps I need to just get in quick and be ready to get out again if I am wrong, rather than hang around umming and arring. I'll give that a try. It will mean lots of in/out scratch (hopefully) trades buy will also mean that I should get in on the movement.