Steady start for ten pound trader
OK, £1.76 may not seem a great deal of money, but remember we are starting with a trading stake of only £10. This means that on day one we achieved a return on our stake of 17.60%. We can now raise our stakes to the grand sum of £11.76 for day two. I have included the full P&L so you can see how we made our £1.76. Lots of little amounts, but they eventually all add up to our final profit and that is the essentially the essense of trading.
I’ve also included my total for the day, you can see why I was keen to do this as an aside to my main trading! It also shows how, when you get more comfortable with taking more risk, the results can get proportionally much higher. Yesterday was a reasonable day, the only downer being the lack of decent field sizes. The Newmarket card ended with a 4, 3 then 2 runner race. For a supposed quality meeting it was very dissapointing, if there was one more race you wondered whether they may come out with a 1 runner race!
Category: Using Bet Angel
