Wednesday, 10 June 2009
Trading styles
I have revamped my style of trading, i no longer look at the fav its just too much up and down for me, so instead i now work on the 3rd/4th/5th fav depending on odds, i find it suits me as i can see most times which way the market is moving, caught a drifter today laid at 9.2 for £25 and backed at 15.5 for a nice profit hedging for £9 odd but it could have course gone the other way, in which case i would have backed at 9.2 or 9.0, Really trying stay focussed and disiplined after last weeks 4 days loss on the trot.
Todays P/L was £44.21, no evening races though as i had company
Cheers
Ron
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I avoid anything under 3's now, I find it's too easy to get caught by a big swing.
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