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Thread: 1k Challenge

  1. #201
    Forum Addict Bog's Avatar
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    Profitable Sunday! Not that much to say, I had 2-3 mistakes, but I came to conclusion that mistakes and losses are part of the game so I need to accept them. I just need to stick to may trading plan and always hedge before the start and keep all the trades prerace! And be careful at the off time.

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

    I made another 20 e withdrawal today

    Stats Day 18

    Greyhounds - 63 markets -> +21.09 e


    Basketbal - 3 markets -> +3.76 e


    Total - +24.85



    ----------------------------------------------------------
    Day 19

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 89,73 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 280 e


  2. #202
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    A positive start for the new week! I started slowly but I finished well in the last races.


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

    + 20 e withdrawal today

    Stats Day 19

    Greyhounds - 63 markets -> +23.81 e



    Total - +23.81



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

    Day 20

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 93,54 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 300 e


  3. #203
    Forum Addict Bog's Avatar
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    Challenge update. Last 2 days where with ups and downs.

    Day 20 - I didn't had a good day, I had a series of bad trades and instead of taking a break, I continued trading and in one race I didn't hedged an 4 euro loss that I had on multiple dogs and let the race in play with liability on outsider 11/1 odds and of course dog won. I gambled and I lost... So disappointment - instead of recovering from 4 euro loss now I had 43 euro loss -2 days of profit wasted!




    Lesson - market is always unpredictable so don't have high expectations that you will know what will happen, react fast without emotions, don't add money to a losing trade;
    - be careful at starting time, don't trade too many dogs in same time, take a break if trades are going bad;

    - NEVER GAMBLE
    - only pre-race trading, always hedge before the start, no matter how bad you last trades where, never chase losses, start from zero every race.

    Stats Day 20

    Greyhounds - 97 markets -> -18.38 e

    Total -> -18.38 e



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

    Day 21 - Yesterday was better, but I still overtraded in some races, I got caught in play because of that, in one race I lost 7 euro and in another I won 7 euro....

    I need to be more disciplined and in control. Accept that there will be trades when markets doesn't go where you think will go and act accordingly - never go in play, always pre race and always hedge no matter what .

    I hope next days will be better and fewer mistakes. That is why my goal is to withdraw 1000 euro and not having 1000 euro bank, because one bad decision can erase days of profits.

    Stats Day 21

    +10 euro withdrawal

    Greyhounds - 101 markets -> +27.94 e

    Total -> +27.94 e


  4. #204
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    Day 22

    Be more patient and thing long term

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 93,10 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 310 e


  5. #205
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    *Motto - Be more patient and think long term. It's a marathon not a sprint.

  6. #206
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    Green Day


    Stats Day 22

    +20 euro withdrawal

    Greyhounds - 88 markets -> +26.91 e

    Total -> +26.91 e



    -------------------------------------
    Day 23

    Challenge Starting Bank February 1st - 35,70 euro



    Current Bank - 100 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 330 e


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  8. #207
    Forum Addict Bog's Avatar
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    Great Day! Today was a busy day, besides trading the greyhounds where I started slowly but finished better, I had some bets on basketball games and had positive results. This is my best day so far since started the challenge. I wish more days like this

    I still need to correct some mistakes on greyhounds - I forgot to cancel some hedging bets at Starting Price that went in play when market suspended and in one race I forgot to hedge, but luckily dog didn't won. The liability was only 14 euro, but still I need to be more careful.


    Stats Day 23

    + two withdrawals today - 50 euro & 20 euro = 70 e

    Greyhounds - 97 markets -> +41.79 e

    Basketball - 6 markets -> +41.63 e

    Total -> +83.42 e




  9. #208
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    Day 24

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 113,43 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 400 e


  10. #209
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    Nice result! congrats!:

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  12. #210
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    Busy Day! I'm disappointed about my discipline - made some mistakes that could have cost me money.

    I started the day trading some aussie horse races to see if I can trade them, had good results but I traded in some of them after the off time and got caught in play. In one race I was lucky, had 80 e liability in play, but finally hedged. It could have ended bad. In an other race I hesitated to close a loss and I was looking how it gets bigger. After that I realised that I'm making too many mistakes and took a break. I know I can't look too much at losses, I need to get out as soon as possible because it can/will get bigger and also I need not to force trades after off time.

    On dogs, I noticed that lately since my bank is bigger. I have a habit of letting too many open positions in the market and I forget about them. Today some of those positions where taken at SP when market suspended. I had 2-3 races where I got caught like this but luckily dogs didn't won. And also traded too close to the starting time, in one race I remained with 20 euro libility on favorite but dog didn't won. So I was lucky again. I don't want to depend on luck, I need to be more focused.

    I traded also few UK in running horse races to try to recover from an 7 euro loss on dogs, but I know it's not a good thing, In running it's crazy market, and in the past I lost exactly like this. I will stay with dogs trading and have more discipline

    So in the end, I made profit but it could have been easily a losing day, but this time luck was on my side . I need to take today as a lesson and try next days to make fewer mistakes and be more focused. Every day I'm learning new things or find that old mistakes are repeating, I hope I can learn from them.

    Lessons - always be in control, don't open too many position in the same time, be careful to cancel them before the off, hedge before the markets it's suspended, don't look at losses and don't chase them. Also don't add money to a losing trade, focus more on greyhound markets and less on horse markets.

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

    Stats Day 24

    + 50 e withdrawal

    Greyhounds - 74 markets -> +44.25 e

    Horses - 25 markets -> +23.38 e

    Basketball - 2 markets -> +1.97 e

    Total -> +69.60 e


  13. #211
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    Day 25

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 133,03 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 450 e


  14. #212
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    Today was with ups and downs, not the way I wanted to end a good weekend, I got caught in play on dogs 2 times and lost 10 euro on both races, should have been more careful. But in the end, I managed to finish the day with profit, I need to be more disciplined.


    Stats Day 25

    + 20 e withdrawal

    Greyhounds - 71 markets -> +0.53 e

    Horses - 8 markets -> +5.97 e

    Basketball - 8 markets -> +12.34 e

    Total -> +18.84 e



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

    Day 26

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 131,87 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 470 e


  15. #213
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    Today I didn't had too much time for trading, most of the trades where in the evening. Unfortunately, it's a losing day, I had two bad trades - in one of them I overtraded on the outsider, I was backing and others where laying - adding to a losing trade was a bad idea - I hedged with 13 euro loss. After that I straight layed the outsider in another race at 15/1 odds and dog won - 15 euro loss:| Between these two loses I had an 5 euro winning trade, but the race was voided and betfair canceled the profit. Gambling day

    In the next days I will be more disciplined

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

    Stats Day 26



    Greyhounds - 44 markets -> -9.11 e

    Basketball - 2 markets -> +1.99 e

    Total - -7.12 e



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

    Day 27

    Challenge Starting Bank February 1st - 35,70 euro



    Current Bank - 124,75 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 470 e


  16. #214
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    Challenge update

    Day 27 - Yesterday i mess it up really bad. I was trading the outsider in one race, got caught in play losing 10 euro, after that I tried to recover fast so I layed the favorite dog in the next race and lost another 16 euro. After that I lost another 21 euro in an US horse race laying a horse at 21/1 odds and the horse won the race. + losing another 7 euro letting a trade going in play in the last greyhound race of the day and 13/1 dog won in 4 dog race with 3 clear favorites....
    Nightmare...gambling day!

    I realised I can't continue like this and ended the trading and I analyzed what my mistakes where - trading too close to the off time, overtrading, letting trades go in play and chasing losses


    Stats Day 27

    Greyhounds - 57 markets -> -9.27 e

    Horses - 9 markets -> -13.22 e

    Total - -22.49 e




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

    Day 28 - Today was better, I traded the right way, only pre race trading, closing trades every time before the start. I traded only 30 races today on dogs because most of the meetings were canceled due to bad weather, but I had good results. Last few days where really bad because of my mistakes so I needed a fresh start. I hope I can continue like this. I had also some bets on basketball.


    Stats Day 28


    + 30 e withdrawal

    Greyhounds - 30 markets -> +36.37 e

    Basketball
    - 8 markets -> +19.38 e

    Total - +55.75 e


  17. #215
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    Stats 1 - 28 February


    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

    Stats Day 8 - +27.39 e
    Stats Day 9 - +26.04 e
    Stats Day 10 - +7.74 e !
    Stats Day 11 - +51.17 e !
    Stats Day 12 - +23.42 e
    Stats Day 13 - +35.71 e
    Stats Day 14 - +42.25 e ! Week 2 - +213.72 e

    Stats Day 15 - +30.85 e
    Stats Day 16 - +21.22 e
    Stats Day 17 - +18.72 e !
    Stats Day 18 - +24.85 e
    Stats Day 19 - +23.81 e
    Stats Day 20 - -18.38 e !
    Stats Day 21 - +27.94 e Week 3 - +129.01 e

    Stats Day 22 - +26.91 e
    Stats Day 23 - +83.42 e
    Stats Day 24 - +69.60 e
    Stats Day 25 - +18.84 e !
    Stats Day 26 - +27.94 e
    Stats Day 26 - -7.12 e !
    Stats Day 27 - -22.49 e ! Week 4 - +169.16 e

    Stats Day 28 - +55.75 e

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

    Greyhounds - 2226 markets -> +503.07 e

    Horses - 108 markets -> - 13.40 e

    Basketball - 54 markets -> +101.83 e

    Football - 2 markets -> +0.81 e

    Total - 592.31

    It was a good month from 35 euro starting bank, but it's always room for improvement, I still need to work at my discipline and how I react in difficult moments.

    Let the challenge continue! 500 e more to go

  18. #216
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    Day 29 March 1st

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 128 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 500 e


  19. #217
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    very good resulkt starting with a small bank! Every week is in profit and a nice result for the month!

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  21. #218
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    Update

    Day 29 - Quiet day, all races canceled. I had some bets on basketball

    Basketabll - 4 markets -> +13.24 e

    Total - +13.24 e



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

    Day 30 - Another quiet day, most of the races canceled again, only morning ones were available. I had some mistakes, I forgot to trade after one day of break. overstaking, overtrading, adding to a losing trade, enter too close to the off, laying odd too high and spikes came after that I need to be more careful and have more discipline!

    + 40 e withdrawal


    Greyhounds - 30 markets -> +10.43 e

    Horses - 2 markets -> + 3.75 e

    Basketball - 9 markets -> +12.30 e

    Football - 1 market ->+1.29 e e

    Total - 27.77 e


  22. #219
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    Day 31

    Challenge Starting Bank February 1st - 35,70 euro


    Current Bank - 129 euro

    Goal - to withdraw 1000 euro

    Total Withdrawals – 540 e


  23. #220
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    Lucky number 3! It was a busy day, we had no more canceled races, so good opportunities for trading. For me it was a lucky day, and this time my bad habit of trading too close to the off won me 57 e - I could have lost 15, been caught in play on the back side with 15 e and the dog won! I'm happy for the win but not that happy about my discipline! It was a good day, this time luck was on my side but I still need to be careful at starting time and exit before that without overtrading.

    Lucky winner. Thanks to this win, it was my best day so far since starting the challenge!




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


    Stats Day 31


    +70 e withdrawal


    Greyhounds - 57 markets -> +82.67 e

    Horses - 3 markets -> + 0.73 e

    Basketball - 12 markets -> +31.67 e

    Total - 115.07 e


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