Monday 2nd April 2007

The Sports Trader has had a very quite but profitable day. I only managed to trade on 5 horse races and 1 football match but had no losing trades on the day.

My first event to report on was the Shell Houston Open golf tournament that ended late last night but the result had not been finalised until after midnight so the trade comes into today's figures. I only caught the last few holes. I laid Adam Scott when he went into the water with his tee shot on the final hole for £535 @ 1.25. I then backed him back for £67 @ 1.70 and £143 @ 2.02 before trading was suspended due to the loss of pictures from Setanta. When we got the pictures back Scott's price was back down to 1.02 and I backed him for a further £149 @ 1.02 to leave me with a profit of £62.

My first horse race trade was a small profitable one. Next was the 16:10 at Lingfield where I laid Laugh'n Cry for £186 @ 2.30. I then backed back £49 @ 3.38, £40 @ 4.00, £10 @ 4.70 and £7 @ 4.50. In the final furlong I backed King After for £230 @ 1.17 just as he took the lead to result in a profit of £119.

My next trade was in the 16:20 at Kelso and here I backed Lutea for £50 @ 4.30 before laying off @ 3.42 and later I partially greened up with a lay of £10 @ 2.60 to result in a profit of £27.

In the 17:10 at Lingfield I backed Alfresco for £65 @ 1.30 when contesting the lead in the final furlong to leave me with a profit of £19.

My final race trade of the day was in the 17:20 at Kelso where I backed Natiain for £100 @ 2.70 before laying all off @ 2.50 to result in a profit of £20.

My race trading had left me with a profit of £186.

In tonight's live football match I only had one very quick trade as I was busy with other things. I backed the under 2.5 goals market for £200 @ 1.38 and laid off very shortly after @ 1.29 to result in a profit of £18.

My final tally for the day was a profit of £266.

There is a lot of talk at the moment on a new betting system known as The Money Vault which has produced a profit of £26,340 in the last 34 days to £20 bets and which has had only two losing days in that period. I  do not use betting systems but this one sounds as if it is one of the best about, you can see details of the system here.

Comments

[martin harris]

I have been reading your column with interest I dont have time to do what your doing just mainly stick to laying odds on favs, have good and bad days but i think could make a lot more by covering in running (which you do)might have to give up the day job! good luck
Martin

[Ray]

Hi Martin,

Thanks for your comments. You are doing the same as I did in my early days when trading on the exchanges was my hobby. It's the best way to start and then as you become more used to the sites and trading you will find that your confidence and stakes build and before you know it you will be earning more money with your hobby than with your full time job. Then go full time and never look back. Good Luck.

Ray

[tim o brien]

Ray,
Do you think this Money Vault system can deliver the returns claimed? I'm considering investing but i'm unsure,

Tim

[Ray]

Hi Tim,

As with all these systems there will be good times and not so good times but reading through all the detail it does seem to be a very good system. I am tempted by it myself.
I would just keep stakes small initially and see how it goes.
Good Luck.

Ray

[Martin]

Sorry to sound pessimistic but I saw an advert almost identical to this almost 20 years ago with the same story accompanying it. It appears to be a rehash of this, I remember subscribing but it was nowhere near £95 and was complete rubbish as most 'systems' are.
I love your blog Ray and wish you well
regards
Martin

[Ray]

Hi Martin,

I have also read many articles in the past promising great wealth to subscribers. As you know I do not use any of them myself as I prefer trading but there are people that do not want to, or can not, trade for many reasons and want to look at systems to enable them to particpate in the exchange markets. Good Luck.

Ray