Sunday, February 1, 2009
So here are the figures for Jan 09(I also made about £10 from the Aussie markets). A month that has got better the longer it has gone on. The last week has been excellent with nearly half of the profit coming in that period. I am really happy to have managed a profit in this month as January is so tough with the lack of racing, especially if you work as well. I am pleased that I have been able to spot opportunities in markets apart from Horse Racing, very useful at this time of year. American Football was a revelation to me and although I only made a small profit after quite a big loss the potential is huge. Although it is a shame I have to wait until next season to start(apart from tonight).
In the last week my Horse Racing trading appears to have moved to a new more confident and profitable level. I just hope that this can continue because their is nothing better for improving your discipline then being in an all green position at the off.
Now I have increased my bank to over £1000 I intend to start paying 50% of any future profits out of my account. I think it would be wise to grow my bank slowly and not look to commit too much to the markets because there is a fine line between confidence and over confidence.