Monday, 15 June 2009

Thats it for a little while

Well today was my last day of trading for a couple of weeks as i go on Holiday tommorow until July 1st, i had another good day but feel it could have been better, especially the evening races as i found either the API to which betrader connects to betfair to be lagging, i'd place a bet and it would take an age to place it, so instead of getting 2 or even 3 trades per race i had to settle for 1, i upped the stakes today to £25/45 deepnding on odds but mostly it was £35 stakes i lost in 2 races including one of £3.53, my best 2 trades were in the afternoon, i managed to find 2 drifters and place several trades on the way up.

I only traded 20 races, as i had the day off to sort out packing/buying clothes for my daughter etc.

question for you, trading is it gambling? as gambers they are looking for the winner or loser as in the case of laying, as traders we are looking to nick ££ as we are not looking for winners or loser, i tried explaining the concept to my brother inlaw who bets but only yankees/super yankees/placepots etc, but he couldnt get his head around it all,but then he is also computer illiterate.

so thats it for now, see you in a few weeks.


1 comment:

  1. All speculation is gambling really, just risk limited and not all or nothing. Trading sounds better when you're trying to impress the girls but. Have a great holiday, Ron