Smart Racing Trader Day’s 6 to 8
29/01/2012
Sgt Howard reviews Smart Racing Trader.
Hi Bloggers,
Firstly let me apologise for the lack of an update for a few days I have been away but unfortunately I have since been ill, hence the gap in betting days you will see below.
Day 6 (11/1/2012)
System 1 Smart Sequencer Trading Strategy.
No Trades.
System 2 National Hunt Flat Trading Strategy.
1 Trade
Back 100 PTS @ 4.70
Lay Trade out @ 4.50
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: 4.23
Running Balance: 1020.40
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 7 (25/1/2012)
System 1 Smart Sequencer Trading Strategy.
No Trades.
System 2 National Hunt Flat Trading Strategy.
1 Trade.
Back 100 PTS @ 3.3
Lay 100 PTS @ 3.5
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: -9.13
Running Balance: 1011.27
Day 8 (26/1/2012)
System 1 Smart Sequencer Trading Strategy.
1 Trade
Back 100 PTS @ 1.74
Lay Trade out @ 1.74
System 2 National Hunt Flat Trading Strategy.
1 Trade
Back 100 PTS @ 4.9
Lay Trade out @ 3.4
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: 38.96
Running Balance: 1050.23
So we are still waiting for much action on System 1 due to the time of year and me being away then ill. Time will tell how many betting opportunities it presents. I would not be concerned though as it is straight forward to operate and would not take up much of anyone’s day to establish if there is going to be no trades. System 2 however has had it’s first losing trade but also a big winning trade recently. The losing trades I suspect you could easily minimise losses by having a set stop loss that you feel comfortable with. I think with this trading system (like many) the more you have executed it the better equipped you’ll be to make decisions on stop losses, when exactly to exit etc. Regarding the big winning trade (38.96) it certainly was a good example for the system. I think this has to be regarding as a big winning trade for stakes of only £100 and a trade only open for under 5 mins. Lets hope this continues.
Regards
