Wednesday 28th February 2007

After a very good start to the week The Sports Trader has had one of those days where nothing went well. It's been a frustrating day, full of interruptions and I just could not get into the grove.

I ended up trading in 11 UK horse races and 2 football matches. My first trade was in the 13:40 at Folkestone where I backed Captain's Legacy for £61 @ 2.00 and put up a lay @ 1.40. I got matched on £19. I later laid him for £8 @ 8.00 to result in a loss on the race of £34.

My next was in the 14:10 at Folkestone and here I backed Ballyrainey for £37 @ 1.50 when in the lead and going well only for him to weaken on the run in and finish second to cost me another £37. I then had 4 small winning trades.

My next race of significance was the 16:05 at Downpatrick where I backed Cake It Easy for £50 @ 2.60 and a further £4 @ 2.96 and again I put up a lay @ 2.40 but only got matched for £2 to result in a loss of £52. I followed this up with a small winning trade.

In the 16:35 at Southwell I laid Global Strategy for £30 @ 3.50 and £20 @ 2.97 before backing back £10 @ 4.00 and £7 @ 3.80 to result in another loss of £66.

My next was the 16:40 at Downpatrick where I laid Freneys Well for £45 @ 3.00 before backing £16 @ 3.50, £7 @ 6.70 and £5 @ 2.85. I then laid Howryafeelin for £5 @ 3.20 and backed him back for £3 @ 4.50 to result in a profit of £19.

My final race trade of the day was in the 16:55 at Folkestone where I backed the short priced favourite, Nike Walker, for £208 @ 1.30 before laying off @ 1.18. Then going over the last I backed him for £668 @ 1.03 to result in a profit of £45. This left me with a loss on the days race trading of £110.

I decided to trade on two football matches at the same time tonight. One was the Motherwell v St.Johnstone FA Cup Fifth Round match. I started with a back of the under 2.5 goals for £200 @ 1.90 pre kick off. I then had a lay @ 1.70 for £50 and had further lays of £25 @ 1.66, 1.50 and 1.43. When the first goal came I had a liability of £75. I backed the unders again for £76 @ 2.12 and laid off £51 @ 1.66 and £25 @ 1.63 . When the second goal was scored and I still had a liability of £75. I didn't think the odds where good enough after the second goal so I hung on to try and lay off later in the game but a third goal came which had therefore cost me £75.

I then turned my attention to the under 3.5 goals market and I backed the unders for £41 @ 1.30 and with 90 seconds plus injury time left I backed the unders for £499 @ 1.15 which resulted in a profit of £88. I had therefore made a profit on the match of £13.

In the Blackburn v Arsenal match I backed the under 2.5 goals for £100 @ 1.68 soon after kick off. With two matches running together I thought I would try a different strategy on this game and simply set up lays of £25 @ 1.59, 1.50, 1.40 and 1.30 and left them alone and watched the other game which I had more money on. Hindsight is a wonderful thing, if only I had been more heavily involved on this game, but the end result was that I made a profit of £23 on this match.

I therefore ended my trading day with a loss of £74.

I have completed a very successful February with a total profit of £7,188.

Comments

[Rob]

Hi Ray
Thats an unbelievable result, well done, I wish I could get to 7k in a month, I'm happy for now with 2k. (but I only do footie, so I think thats alright)
GL Rob

[Ray]

Hi Rob,

That was my second best month, I only hope I can keep it up. £2K on football is very good. Good Luck today.
Ray

[matt]

Hi Ray,

Well done mate,(very "lucky" with the photo though! :-)that could have put a dampener on the month!) I am still settling into "my way" of doing things applying various nuggets of wisdom from many peoples stratgies (including yours!) and following your blog has helped greatly to see that not all bets are winners but to continue with a strategy which you know will work long term.

Well done again on your Feb results.

Regards

Matt

[Andrew Rigby]

Hi Ray,
An outstanding month by anyone's standards - especially bearing in mind the stick you got in the middle of it, which could have been dangerously distracting...
It's a pity that yesterday was a losing day - but after the good fortune you had on Tuesday, perhaps things were evened out a little... It's also amazing how you manage to minimise the damage on bad days (though it does appear that you sometimes chase a bit and this may catch you out one day)...
Anyway, keep up the good work - with the current rate of progress, this time next year, you could be a millionaire !!
Andrew.

[Ray]

Hi Matt,
It is impossible to do what we do without getting losers from time to time. It is all a part of the game. I am always clear in my own mind that the profits will come if I persist with my startegies, that is what gets me by the losers. Good Luck.
Ray

[Ray]

Hi Andrew,
Thanks for your comments. As said previously this was my second best month since turning full-time. I just hope I can continue making similar amounts in the future. Good Luck.
Ray

[Paul]

Hi Ray, I thought I would start adding comments after mailing you in the past. Nice results for February, I have also had a very good month for me +£952. This makes 6 consecutive months of profit. I am sure reading your and other's blogs are helping me avoid stupid mistakes. I have not made a big one since Big Brother in January. March should be a good month. Bring on Cheltenham!!!

Paul (in Luxembourg)

[Ray]

Hi Paul,
Well done and keep it going. Consistent profits is the key and you are doing that. I am pleased you think that blogs are helping you with your discipline. Good Luck.
Ray

[Brian]

Hi Ray

What did Russ report back about ATR Extra

Thanks

Brian

[Ray]

Hi Brian,
Nothing to report as yet. Russ is asking the questions but there appears to be a total blackout on any news in connection with the xtra service. He will keep probing.
Ray

[Brian]

Thanks Ray

This really is turning into an X-Files episode. If Russ at least tells everyone that he is on the case in his daily blog he will do himself no end of favours with the in running community.

Brian

[Ray]

Hi Brian,
I agree there is more than a little mystery surrounding the ATRxtra story. I think Russ will put something on his blog about this, he had been waiting for something concrete to say.
Ray