Smart Racing Trader Day’s 3 to 5
13/01/2012
Sgt Howard reviews Smart Racing Trader.
Hi Bloggers,
Day 3 (8/1/2012)
System 1 Smart Sequencer Trading Strategy.
No Trades. (Weekend no bets)
System 2 National Hunt Flat Trading Strategy.
1 Trade
Back 100 PTS @ 4.80
Lay Trade out @ 4.30
System 1
Level Stakes staking plan:
Start Balance: 1000
Today’s P/L: 0.00
Running Balance: 1000
System 2
Level Stakes staking plan:
Start Balance: 1000
Today’s P/L: 11.04
Running Balance: 1016.17
Profit is shown with deducted commission @ 5.0% even though I am on a lower rate for fairness. Also just a reminder that all Trades will be level stakes of 100 pts during the review period.
Day 4 (9/1/2012)
System 1 Smart Sequencer Trading Strategy.
No Trades.
System 2 National Hunt Flat Trading Strategy.
No Trades.
Day 5 (10/1/2012)
System 1 Smart Sequencer Trading Strategy.
No Trades.
System 2 National Hunt Flat Trading Strategy.
No Trades.
System 1
Level Stakes staking plan:
Start Balance: 1000
Today’s P/L: 0.00
Running Balance: 1000
System 2
Level Stakes staking plan:
Start Balance: 1000
Today’s P/L: 0.00
Running Balance: 1016.17
Profit is shown with deducted commission @ 5.0% even though I am on a lower rate for fairness. Also just a reminder that all Trades will be level stakes of 100 pts during the review period.
So with Internet problems and lack of racing we are still waiting for System 1 to have any bets. System 2 has produced two winning trades so far. I’m aware with system 2 that (as with any trading) there is some degree of subjectivity when to place a trade when following the rules. All I can say so far is Trade 1 was very clear that this was the trade to make following the rules. Trade 2 was slightly less clear when monitoring the markets and but I did what I think is correct for the system and waited for a clear indicator before placing the trade. If I hadn’t done this it is feasible a different trade could have been placed. On the plus side both my trades I have placed so far could have been traded out slightly earlier for a bigger profit. I strictly followed the rules but you could have easily seen the market settling and decided to take a bigger profit. This is something you would get better at doing if you did this long-term I’m sure.
The next update will be Tue next week as I will be away for a few days.
Regards
