Sunday 25th November 2007

It has been a difficult week of trading for the Sports Trader and due to the pressures of time I am only going to summarise my weeks trading here.

Monday 19th November - As already reported I was having a good day only to blow £494 on a darts match to leave me with a loss on the day of £279.

Tuesday 20th November - I traded on 6 horse races 2 darts matches and 2 football matches with no losing trades. The highlight of my day was my first horse race trade where I made £161. My day finished with a profit of £253.

Wednesday 21st November - This has to go down as a bad day not just for English football but also for my erratic trading. I traded on 15 horse races, 1 football match and 1 darts match. I had a £500 loss on a horse race due to me getting the colours of two jockey's mixed up. In the England football match I managed to lose almost £400 as I didn't stick to my normal mode of operation, needless to say if I had done as normal I would have made a profit. My day finished with a hefty £1050 loss.

Thursday 22nd November - Back to proper trading today. I traded 10 horse races, 1 darts match and 2 football matches with no losing trades. My son Oliver came round to continue with his under 2.5 goals trading and he made another profit of 4% of his bank. I traded my normal way on the same match and made £160 on the match. My day finished with a profit of £239.

Friday 23rd November - Another solid day but only after yet another mistake in a horse race which cost me £227. I traded on 14 horse races and 2 darts matches with 2 losing trades. The best trade of my day was in the Phil Taylor v John Part darts match where I made £436. My day finished with a profit of £367.

Saturday 24th November - A good day of trading with 18 horse races, 2 football matches and 1 darts match traded with just 1 losing trade on the day.  My best trade was in the 12:45 at Ascot where I laid Potts of Magic for £350 @ 5.29 and backed back £165 @ 4.00 to result in a profit of £176. My day had finished with a profit of £480.

Sunday 25th November 2007 - A very good solid day of trading to finish the week off well. I traded on 14 horse races, 3 football matches and the darts Grand Slam Final with no losing trades. The best trade of my day was on the darts where I backed The Power to win on the handicap betting with -6.5 legs for £1332 @ 1.25 and laid off within a minute @ 1.20 to result in a profit of £155. My day finished with a profit of £720.

Well this week started off as a bit of a comedy of errors as my mind has just not been properly focused on my trading and by Wednesday night I was down almost £1100, but with some very solid trading, from Thursday onwards, I have managed to finish the week with a respectable £730 profit.

Comments

[The Gambler.]

730 profit on the week sounds ok to me Ray. Live long and prosper. :-).

[Dave]

Good to see you back Ray.

Dave

[Omid]

Hi Ray. Good to hear the good news that you've made a nice profit eventually.

I, and probably many other readers of your blog as well, am interested in following the results of your dear son, Oliver, tradings. It would be a great pleasue and joy to read your reports on his scores on a regular basis.

Regards

[Ray]

John, Dave and Omid,

Thanks for your comments.

Omid - my son has only traded the 2 days so far, both of which I have mentioned. I will try to give more detail on his trading in the future. Oliver does intend to trade a game a day before too long.

Ray

[Leonthefixer]

Hi Ray,

I dropped you an email earlier and have put a post up on my blog dont give up your day job about my paper trading on tonights Man U game - I would love to hear your views on it if you can spare the time.

Many thanks,

Leonthefixer.

[Ray]

Hi Andy,

Well done on the trading. You have traded more or less the way I do, although I would not get out quite so quickly, but it has worked well for you and that is what counts.

Best Regards

Ray