Sunday, 6 June 2010

Back in the Green

One of the reasons why I started this blog was to document my journey so that I could refer to it from time to time and perhaps learn from my mistakes. I don't know about the latter but it's surprising what is forgotten that the blog can remind you about and it helps to refocus the objectives. 

If there is anyone thinking about starting a diary I would thoroughly recommend it. It doesn't have to be for anyone to read as you can set up a blog which is for your eyes only. I decided to make mine available to anyone as a way to help my discipline. I thought that making it public would make me think twice about making decisions as a losing blog is no good to anyone. It certainly has helped although I have a long way to go. Or why not do it the old fashioned way with pen and paper.

Whichever tool you decide you have to be honest with yourself. There is no advantage to be had documenting stuff that you would rather write down instead of what you actually should write down. If you find yourself continuously losing it will help you make the correct decision of whether to redefine your strategy or concede defeat and give it up.

I am relieved that after three negative days, I am back in profit. Yesterday I had totalled  £99.43 but wanted to gain the 57pence needed to reach my century. I decided to lay the draw midway through the first half of Toronto v Kansas and exited midway through the second accepting a loss of £18.66. The game ended 0-0. The irony is that when I had checked my P/L the Horse market had been adjusted to show £100.55.

1 comment:

Anonymous said...

Lol, I used to do that too , trying to get a nice figure for the day only to chuck away chunks of my profit on the US nags.

We live and learn