Monday 21st May 2007

The Sports Trader started the week off in the worst possible way where everything went wrong. I only traded in 8 horse races and 1 football match but had 4 losing trades. It was a day when I should really not have been trading as I had a lot of other things on. My sister-in-law was coming for her dinner and later my best friend Graeme was visiting and staying the night with us.

I started in the 14:00 at Bath where I laid Foxy's Den for £17 @ 4.00 which resulted in a profit of £17. I followed this with a small winning trade.

In the 14:40 at Musselburgh I laid Collete's Choice for £29 @ 3.71 to give me another £29 profit. Again I followed this with a small winning trade.

Now the day started to go from bad to worse with my first losing trade in the 16:20 at Newton Abbot where I backed Be Positive for £52 @ 2.00. He was in the lead at the time and going well but was headed after a mistake at the second last fence and I did try to lay him but only got matched for £1 so I ended up with a loss of £51.

In the next at Newton Abbot, the 16:50, I backed Papa's Boy for £156 @ 1.96, again whilst leading the race, and this time he was well beaten but by the time I had put lays up the price had gone and I was unable to lay off any of my liability so I lost £156. I followed this with a small winning trade.

In the evening and whilst waiting for Graeme to arrive I made the biggest mistake, in the 19:40 at Windsor, by laying Makabul for £244 @ 4.00 when in the rear of the field with about 4 furlongs to go. I had put up this lay quite early on as he was very slow coming out of the stalls. By the time he started to reel in the leaders I tried to cancel my lays but unfortunately for me some had been taken and this cost me £632.

To round off a really bad day I traded in the St.Patrick's v Drogheda football match when the score was 0 - 0 and with only the last ten minutes left to play. I backed the draw for £86 @ 1.54 and had intended laying off around the 1.3 mark but just before this was available St.Patrick's scored. I did back St.Patrick's for £36 @ 1.22 but this still left me with a loss of £78.

So my day had finished with a loss of £870. By now Graeme had arrived and we had a few drinks hence the late update, but I do feel better for it.

Comments

[Dub Goat]

Keep the chin up and dont chase it today Ray.

Please advise what your thoughts are on the big game tomorrow night?

[Ray]

Hi DG,

Thanks, It has been a better day do far and I will not chase.

As for the big game I am not the person to ask but, my heart says Liverpool, my stats and the bookies say A C Milan.

Good Luck whatever you go for.

Ray