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Thread: 1k Challenge

  1. #181
    Forum Addict Bog's Avatar
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    Last two days where bad, I lost with letting trades go in play with lay and laying horses in play.

    I know until I correct this mistakes I will never be successful. And all the losses where at big odds, I didn't lay the favorite or something like that. 90% of the big losses are in play, I need to eliminate leting trades go in play. This is an important lesson.

    From today, no more letting trades with lay in play at dogs ,only pre race trading, and for horses no more laying in play, I will only back in play, but for now, until I build a bank I will trade only greyhounds.

    Yesterday total losses on dogs letting trades go in play with lay - 50 euro With this mistakes, I give back too much money from my profits.


    ---------------------------------------------------------------------


    Stats Day 6 & 7


    Greyhounds - 167 markets -> -3.58 e

    Horses - 25 markets -> -22.77 e

    Football - 2 markets -> +0.81 e

    Basketball - 3 markets -> +2.24 e

    Total - -23.30 e




    *******************

    Stats Day 1 - -6.41 e
    Stats Day 2 - -8.25 e
    Stats Day 3 - +28.29 e
    Stats Day 4 - +9.20 e
    Stats Day 5 - +25.14 e
    Stats Day 6 - -0.20 e
    Stats Day 7 - -23.10 e

    Week 1 - +24.67 e

  2. #182
    Forum Addict Bog's Avatar
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    Day 8 - Fresh Start

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 40.37 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals– 20 e


  3. #183
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    Better results today, but unfortunately two consecutive trades went in play so I'm not happy with that 16 and 17 euro liability - got lucky that I didn't lost :|. Most of the big losses are in play and I still do that, it's amazing how hard is to correct this mistake. I know that in play with lay I lost 90% of the money and I still let trades go in play..... If I always would have hedged every trade before the start, I would have saved a lot of money that I lost with laying in play.

    Sometimes I enter too early in the market and I take bad prices and instead of exiting fast, I hope the price will come back to me, but it never does. So I end up looking at red getting bigger and bigger and I do nothing and the biggest mistake I let the trade go in play. And when I see green I exit too fast. I should exit fast when I see red.

    I changed the colors in geek - now when I'm in profit it shows color red, and when I'm in a loss it shows color green. I can't fix my bad habit of looking at reds and hedging too fast greens so I changed the colors So far so good, now I cut losses fast because I see green and I take the loss

    Stats Day 8

    Greyhounds - 84 markets -> +27.39

    Total - + 27.39 e

    I made another 10 e withdrawal today, so 30 euro in total


  4. #184
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    Day 9

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 57,76 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 30 e



    - No more trades going in play with lay! Always Hedge before the start!

  5. #185
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    A good day. All trades where prerace, no race in play!

    I made also an 20 euro withdrawal



    Stats Day 9

    Greyhounds - 77 markets -> +24.55

    Basketball - 2 markets -> +1.49

    Total - + 26.04 e



  6. #186
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    Day 10

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 63.80 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 50 e


  7. #187
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    Difficult day! I got caught in play on the outsider and lost 38 euro, dog won the race. 12/1 odds. Nothing more to say. The only race in the last two days that I'm being caught, and dog won from start to finish. Unlucky.



    I need to be more careful at starting time, sometimes they suspend on time, sometimes there is 1 minute delay.

    Stats Day 10

    Greyhounds - 95 markets -> +2.89

    Basketball - 3 markets -> +4.85

    Total - +7.74



    I made another 20 euro withdrawal

  8. #188
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    Day 11

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 51,54 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 70 e


  9. #189
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    A good day! Greyhound markets had good liquidity but again I got caught in a race in play with 16 euro liability, I was lucky that dog didn't won, I need to be more careful at time.
    I had a bad in running bet on an US horse race, I backed a horse that had a big lead but lost in the end - 10 euro loss. I will take a break form horses. I recovered with a good trade on an NBA game, I won there 20 euro



    Stats Day 11

    Greyhounds- 63 markets -> +36.73 e

    Horses
    - 4 markets ->-7.39 e

    Basketball - 5 markets -> +21.83 e

    Total - +51.17




    I made also an 40 e withdrawal today



    ------------------------------------------------------------

    Day 12

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 62,71 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 110 e


  10. #190
    Forum Addict Bog's Avatar
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    Busy days! Last 2 days where ok, I had some mistakes, I know where I did wrong, I hope I will be better. I need to be careful at starting time and exit the trades before that. And always hedge. So far so good with changing the colors - color red for profit, color green for losses, I'm more focused and I hedge everytime when it's green =loss.

    Anyway, I finally understood that only with pre race trading I can control the losses. In play losses are too big. It's easier to recover from a pre race loss than an in play loss.

    Today I was reading an old challenge of lcredd and I found a message that speaks the truth

    Quote Originally Posted by napshnap View Post
    If inplay is not a part of your strategy than just don't go there. Compensating your preplay errors by going inplay is not working!

    ------------------------

    Yesterday I made an 20 euro withdrawal and today another 30 euro.


    Stats Day 12 & 13


    Greyhounds - 202 markets -> +54.28 e

    Horses - 9 markets -> + 4 e

    Basketball - 2 markets -> +0.85 e

    Total - +59.13


  11. #191
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    Day 14

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 71,84 euro

    Goal
    - to withdraw 1000 euro

    Total Withdrawals – 160 e


  12. #192
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    Messy day! It was o profitable day, but it could have been easily a losing day - bad trades, bad entries, hesitating to hedge etc. Worst trade I didn't hedged a losing 10 euro trade and went in play with 36 euro. I took a bad price, I trust too much in racing post predictions odds. I learned my lesson. I will trade what I see in the market, control the stakes, no more adding to a losing trade, no more going in play!



    ----------------------------------
    I made another 30 e withdrawal today

    Stats Day 14


    Greyhounds - 98 markets -> +41.02 e

    Basketball - 1 market -> +1.23 e

    Total - +42.25



    -------------------------------------

  13. The Following User Says Thank You to Bog For This Useful Post:
    lcredd (15th February 2018)
  14. #193
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    Day 15

    Challenge Starting Bank February 1st - 35,70 euro



    Current Bank - 84,09 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 190 e


  15. #194
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    A good day! 101 markets traded, less profit than yesterday, but more important zero trades went in play! I hope I will continue on this trend.

    ----------------------------------
    I made another 30 e withdrawal today

    Stats Day 15


    Greyhounds - 101 markets -> +30.85


    Total - +30.85



    --------------------------------------------------------------------

    Day 16

    Challenge Starting Bank February 1st - 35,70 euro



    Current Bank - 84,94 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 220 e


  16. #195
    Forum Addict Bog's Avatar
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    Green Day! Although today I didn't traded as many markets as usual, I still managed to make some profit, but I overtraded in 2-3 markets, I let myself manipulated and overstaked and after that money disappeared and I had to hedge with a loss. Greyhound markets are unpredictable and manipulated...

    Usually I prefer not to enter in a trade if I'm not seeing a good opportunity.

    I also got caught in play, I traded to close to the off and 16 euro liability went in play, luckly dog didn't won this time, but I prefer all the trades to be prerace, I don't want to depend on what dog wins. One single race in play can take all my profit made in a day .... so I need to be extra careful.

    After that, I focused more and avoided same mistakes, evening session was ok, maybe because there are no more horse races and liquidity is better.

    I tried also some US horse races, but didn't have good results so I didn't traded anymore

    Lessons - Be more careful at race starting time, don't overtrade, don’t hurry, don't overtsake, keep distance, always be in control. Also no more in play US horse races. Focus on what you know

    -----------------------

    I made another 30 e withdrawal today, 250 in total - 25% of my goal is completed

    Stats Day 16


    Greyhounds - 65 markets -> +23.72

    Horses - 3 markets -> -2.5 e

    Total - +21.22


  17. #196
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    Day 17

    Challenge Starting Bank February 1st - 35,70 euro



    Current Bank - 76,16 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 250 e


  18. #197
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    Profitable day, but it could have been better.

    I didn't started the day to good on greyhounds , made a lot of mistakes... after that I tried to trade UK in running horses but the results where bad, in a race I backed the favorite at 1.05 odds in play and lost so I stopped there - I lost 5 euro.

    I had also a big loss in a basketball game, I was in profit but I made a bad decision and I ended with an 16 euro loss. Not too happy about that, I was upset and I wanted to chase that loss but I remembered that in the past when I did that I lost even more.

    After that I decided no more distraction and started to trade only greyhounds and I managed to recover from that loss and made some profit also.

    Until the end of the month I will focus only on greyhounds, no more horese races, and no more risky trades on basketball

    --------------------------------

    I made an 10 e withdrawal today

    Stats Day 17

    Greyhounds - 72 markets -> +38.06 e

    Horses - 15 markets -> -4.13 e

    Basketbal - 2 markets -> -15.21 e


    Total - +18.72


  19. #198
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    Day 18

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 84,88 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 260 e


  20. #199
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    Do you have a job? Or you do just trading? I think you must have a lot of time to trade so many races..

  21. #200
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    There are days when I have more time for trading, and there are days when I don't have so much time. This year the number of races have doubled, there are 3-4 race every 10-12 minutes and it add up. So if last year I would have traded 50-60 races now I'm trading 80-100 races in the same time frame, so more opportunities.

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