Firstly i had a few questions after my first post so thought i’d just give a little more background info on the trading, i trade pre race to make my money as i’ve only ever had disasters in play… the only exception being if i’ve had a strong tip that i get occasionally i may trade the price before and leave the hedge for inplay. Generally i keep my stake range from £50 – £200 although its something i may increase as time goes on but to be honest £100 stakes is enough to make a few quid.
So the first week of results are in… and its not too bad considering the time i’ve had, although time isn’t everything in this game as today proved, money can be made and lost in a matter of seconds so whats the rush right?!! Something i’ve struggled with in the past, although today i got in from work having spent the best part of the morning doing alot of running and the card had already started.
I was fully aware from past experience its not good to rush in and get stuck in so i took some time out to chill initially with the mrs before jumping in the bath, i think this could of been my best move yet! Reason being by the time i was ready to start trading i was completely relaxed from both the exercise (worth noting i was well hydrated) and a good soak, the first couple of markets i took my time and took a little here and there working into it….. before i knew it was 4pm i’d been trading a little over an hour and was £54 up, a good return in my eyes. Shortly after i knocked it on the head to spend some time with the family…. felt rather smug not so much for the money taken but more because i felt i’d practiced a valuable lesson i’ve had in mind for a while but never seem to be able to execute! Trading is extremely mentally grueling and today it would seem its better to spend hour and half trading relaxed, happy and in a good mood than 10 hours when your uptight and frustrated with whatever else is happening in your day.
First week: Total P&L: £273.90