Sunday 29th April 2007

It has been a successful day for the Sports Trader, although it has been a bit of a grind. I traded in 10 horse races and 1 football match.

My first trade was in the 14:10 at Brighton where I laid Concertmaster for £20 @ 7.80 to result in a profit of £20.

My next trade was in the 14:30 at Ludlow where I laid King Diamond for £50 @ 1.50 before backing back £35 @ 2.00 to leave a profit of £15. I followed this with a small winning trade.

In the 15:05 at Ludlow I laid Precious Dancer for £29 @ 5.90 and then backed back £6 @ 72.00 to result in a profit of £22. Next was another small winning trade.

My next trade was in the 16:25 at Brighton where I laid Treetops Hotel for £12 @ 7.50 to give me a £12 profit. In the 16:45 at Ludlow I laid Go For Bust for £7 @ 4.62 and then I laid Old Marsh for £5 @ 8.10 to result in a £12 profit. Next was a small winning trade.

In the 17:05 at Wetherby I laid Neutrino for £10 @ 14.50 and I laid Perfect Punch for £6 @ 13.50 before backing back £4 @ 15.00 to result in a profit of £12. My last race trade of the day was a small winning one.

My race trading had therefore ended with a profit of £103.

I missed the early evening football as I had to go and pick my children up and get them all ready for bed.  By the time I got back to trading the Athletic Bilbao v Real Madrid match had started and Real had already scored one goal. I backed the under 2.5 goal market for £29 @ 2.66 and laid this off @ 2.46. The second goal was scored and I then went back in and backed the under's for £20 @ 5.55 before laying off £10 @ 4.57. I then backed the unders again for £112 @ 4.36. I had laid off £39 @ 4.15 and £4 @ 4.00 when the third goal was scored leaving me with a loss of £80.

I then concentrated on the under 3.5 goals market and backed for £962 @ 4.03 which I considered to be a very good price at this stage of the game. I laid off at a range of prices from 3.80 down to 2.15 in a total of 31 trades. At this point I had no liability but a potential profit of £700 on the unders. With the way the game was going I decided to start greening up and made another 4 lay trades totalling £150 at an average price of 2.10. I had a further £200 of lays in the market but these were not matched before the 4th goal was scored so I ended the match with a £150 profit on the under 3.5 goals to give me a net £70 profit on the match.

My day had finished with a profit of £173.

That is the end to an eventful week where I have been clawing back the losses of two weeks ago. I ended the week with a profit of £2873.

Comments

[troy]

Nice day !! , keep those winners big and losers small.

[Ray]

Hi Troy,

Thanks, I will try and the same with you I hope, Good Luck.

Ray

[History Dissertation]

Nice post, i appreciate your efforts which you have done to share information with others.