Snovember
That was an interesting month.
The end of the month was a complete damp squib, which was a shame, but the start was well above expectations. The result was that I managed another month up on the prior year and in fact I somehow managed to beat June, which is a bit weird. I was active on 871 races during the month, so it was still quite a busy month. Biggest individual race topped £1.1k and my worst loss was just short of £300. My strike rate has slipped a little in the last couple of months as I have experimented with some more adventurous trading strategies, but it is more or less stable overall and well in comfortable territory.
Early on in the month I went past my full year total for last year so I have two months to add to the total. My return on turnover is creeping up a little, this really shouldn’t be the case. I think I know the reason why and it’s nothing to do with me, it’s more a general market thing.
November isn’t high up on the best months of the year, but certainly isn’t at the bottom. As we move into December things normally slow right down and opportunities become less apparent. Champions league football will soon take a break and racing will peak on Boxing day. From there its downhill all the way!
December is likely to be a tough month and is off to a less than perfect start, but I’ll plug away and see if I can end the year with a flourish. I have already put a lot of thought into next year, so I’ll start preparing the ground for that this month.
Last big race of the month gave a decent result
Category: General
