Monday, 23 March 2009
slowly getting there
Over Friday Sat and Sun I made a small profit, well £10 of it was from sunday, so it shows the kind of days I have been having, either breaking even or making a small loss, but yesterday I felt things just clicked a lot more and I was able to scratch my trades very quickly if I got it wrong, and I also found new confidence in my graph reading abilties that allowed me to let trades run for longer! Analysisg my mistakes over the last 3 days has allowed me to progress as I try not to make the same mistakes over and over again, and not to be so trigger happy when entering trades.
if I cant see it, dont do the trade has been my motto now and it seems to be working, over all I have made a profit in the last 7 days of just over £20.00! not much, but I am now realising that it's little and often that I need to be practising and try and nip in and out of my trades quciker, nicking a few ticks here and there to help grow my confidence!
I still feel like a blind man when wandering through some of the markets not quite knowing which direction to go and cant quite feel my way around, so what I do when I dont know what to do is a take a guess and if I get it right I note it down and I am starting to get it right more than wrong, through time I assume this will give me the confidence to enter these markets and enter some trades! intitially for me I want to reach a target of £100 a day as this is roungly what I can when in my taxi! but working from home tax free (well apart from the premium charge) and without dealing with drunk people and getting a social life back are just as important to me, cant wait to get my first premium charge from betfair!