Saturday, February 4, 2012

£10 Challenge Day 1

Profit £7.58

Nine races traded today and a reasonable profit. Not that much racing due to the weather so I managed to squeeze a small profit. One major mistake resulted in a £5 loss but recovered from that. One of the difficulties with using such a small bank is the need to use most of it to back on most trades, therefore the bank is often at great risk. Hopefully as the bank grows this will be less of an issue. Today most of my trades were on horses priced between 10 & 20. My mistake was caused by stake taken just before the off and then I was unable to trade out.

Not sure how much trading I will be able to do tomorrow.

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