This Weekends Rant…

Well… What can I say?

What a crap weekends but it really didn’t have to be….

Yesterdays Markets

This Saturday was one of the two trading Saturdays I do each month (agreement with the Mrs) something that becoming a recurring issue.

And so the Mrs and the nipper popped out for the day. Early, while I stayed to get stuck into the cards and prep for the day. Come 1.30 I’d done all my preparation and was raring to go.

The only runner for the day I decided to back to lay ran in this race… I’d identified it as a strong front-runner at a nice price (17.0) and so planned to back it at the best possible price pre-race and lay it off in-running for some extra readies. Well backed prior to the start and missed the entry so decided to leave it… sods law: it front run all the way and won.

After about 3 or 4 races I was starting to get my funk on, I was in the ‘opportunity flow’ and fully aware of this. I went for 8 or so races without a loss and some nice profits. Shortly after the problems began.

Eight sodding text messages and a phone call in less than 5 mins later I was rather pissed off and had blown £20 up the wall in one race. Well and truly out of the flow!! In highn sight, I should of had my phone off. Come around 4 o’clock I was back in the groove and some £60 up for my efforts.

You guessed it. Too good to be true?

Again the Mrs gets home along with some family and states you can carry on… along with that look. You know, the ‘can you stop now’ …dropping in the casual ‘I have been out all day so you can trade’. Women.

At this point I really should have just stopped. Instead I got rather wound up by it all, decided to be stubborn, and carried on. Loss followed by loss followed by loss. Three races later and half the profit I decided to sack it for the day. Well and truly pissed off.

Sunday Afternoon Trading

Today I wasn’t trading the horses. I had identified one football match earlier in the week which was an absolute stand out to me. I’d been uming and arring all week as to if I should lay the draw.

The match – Celtic v Rangers.

These two teams absolutely hate each other, bookings are rife. The last 23 meetings had never ended in a 0 – 0 draw etc. So I laid the draw 50% stake 32 mins in and 50% just before half-time and did a little half time scalping. What could go wrong?

It was end to end stuff and surely a goal was soon to be… well.. at around 70 mins into play there had been no goal. I was looking at around a -£45 position. The game was really heating up and it most definitely looked like there was to be a goal soon. At this point the Mrs pipes up “you promised to take us out to bla bla at 2 o’clock”. What a position to be in given the previous days tensions…

Do I trade out for a bit of a loss with a goal surely soon. Or let it run and line up a hedge should there be a goal? again one seriously unhappy bunny I let it run… I believe their was a penalty, but they fluffed it… final result -£169.64. Another stupid decision.

This leave’s me back at a small profit for the month. The LTD probably shouldn’t of let it run. More-over, should have just left it and stuck to what I know – the horses. Something I will do in future now.

It’s been a really naff month so far, and I’ve been pushing too hard. Daft mistake after daft mistake.

The main difference between last month and this month is; one week left. Hopefully I can pull a few quid out the bag…

Bit of a rant their chaps, but had to get it off my chest and hopefully some can sympathise with my situation. Those around us don’t get the whole trading thing, least of all my good lady it seems. How to counter this I don’t really know right now, this is something I have to crack!

It leads me to the question: does my lifestyle allow me to get in the right state of mind?

All too often these sort of things happen and its starting to get to me a bit. That said I suppose ultimately I’m responsible! wish me luck for the last week of the month!

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3 thoughts on “This Weekends Rant…

  1. I’ve been in the same situation with family/kids chuck it’s a pain in the ass but you’ve got to learn to accept it. I even considered renting some office space once just to get away from it 🙂 You have to kind of blank it out and realise it’s not continual and probably only affects a race or two out of 30 a day.

    The trouble is it’s easy to look for someone to blame our losses on and once we have some scapegoat it becomes easy to blame them at every opportunity going. You’ve got to accept you’re the only one responsible for your trading wins/losses and until you really do you’ll continue to use the family to justify your own sloppy trading like the football error

  2. Hey AL, yea felt a little that way but ultimately i should of stuck to what i know.

    Anon (always wonder who it is lol) i realise its always gonna be my fault and probably beat myself up about it far too much. I dont really feel as though i’ve blamed them because its me that did it although it really is an embugerance, im glad im not alone though. I realise it only affects the one race but the only trouble is i find personally one loss like that just leads to a loosing run, maybe i should just have a break when that happens. Thanks for the wise words anyhow

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