Favourites Phenomenon Day 4
Hi Bloggers
Only Level 1 passed the pre race maximum loss limit the other 2 levels exceeded it , the 3rd qualifying favourite obliged so it was a fairly quick day. If you were using the system yourself you would only choose one level and stick with it for a period but for the purpose of this review i am doing all 3 to see if there is any difference in profitability. It is essential to have a disciplined approach with this system, the author recommends paper trading for at least two weeks to get the feel of it, it is an easy system but you have to make sure the parameters you set, you are comfortable with.
Thursday March 11th (Day 4)
3rd Qualifying Race Favourite won so target of 1 point profit obtained. (Level 1)
Level 1 Cumulative P/L at ISP after Day 4 = 103.03 points (100 points Starting Bank)
Cumulative P/L at BFSP after Day 4 = 103.02 points (100 points Starting Bank)
Level 2 Cumulative P/L at ISP after Day 4 = 152.02 points (150 points Starting Bank)
Cumulative P/L at BFSP after Day 4= 152.01 points (150 points Starting Bank)
Level 3 Cumulative P/L at ISP after Day 4 = 202.02 points ( 200 points Starting Bank)
Cumulative P/L at BFSP after Day 4 = 202.01 points (200 points Starting Bank)
Best Regards
David
