Drinks, Ascot & Frankel

First off, I want to extend my gratitude to everyone for the wise and sensible comments on my last post. I’ve decided to accept the position, although deep down, it’s something I don’t really want to do. However, given my current circumstances, it seems like a good decision, even if it turns out to be just for the winter. All things considered, it’s not a bad deal as far as jobs go. I’m aware that most people my age would be content with it, and it still allows me to trade in the evenings and weekends, as someone previously mentioned. Thank you again!

Drinks

Regarding drinks, this Friday marked the beginning of the weekend’s festivities, with Cheltenham being a highlight I was eagerly anticipating. Unfortunately, around 2 PM, I spilled nearly a pint and a half of beer over my keyboard. What a great start! Now, I have a few keys that constantly stick and don’t always press down properly, so apologies if certain letters are missing and I haven’t noticed. This isn’t the first time it’s happened, although I hope it’ll be the last. From here on, it’s bottles only for me!

Ascot

As for Ascot, what can I say? I was utterly unprepared! I need to start taking note of when massive events like this occur and understand the implications they have on the markets. While I expected liquidity to be above average, I didn’t anticipate it being on the scale it was. Knowing what to expect can be an advantage in itself. For the first couple of Ascot races, I could have been more aggressive. That said, it served as a nice warm-up for the big race where the one and only was to strut his stuff.

Frankel

Speaking of Frankel, what an amazing performance. It did cross my mind to leave my profit on it, but at those odds, it was just ridiculous, so there was no point in doing so, regardless of the outcome. As everyone expected, though, he delivered. Trading on Frankel appealed to me due to the sheer volume of money involved. Even the big players would be taking some risks trying to influence its price in any way. At times, it was noticeable that others were playing on Frankel with far bigger stakes than mine. There’s no need to guess who. I did enjoy trading on Frankel, as it reminded me of Cheltenham, although it was utterly frustrating not having a bigger bank at times. I found myself shouting at the screen, urging it on just so I could get more cash back in on the other side. All in all, it wasn’t a bad result—about half of my usual daily turnover on that one race alone!