Tag: ten pound trader
Ten pound trader – First week
I now realise I have two mistakes in the last week. First, last night I made a classic error in racking up charges, quite easy when trying to trade on two accounts. Second, over the last week my stake is rising too fast in line with my bank. Several Bet Angel users had spotted this already, but it only really sunk in for me when I kept getting ‘account exposure’ errors trading at higher odds! Ho hum, we are all …
Ten pound trader – Day five
As predicted Monday was a tough one, but I failed to predict that I would actually try to trade it with TPT. What a fool, I shouldn’t have bothered as I initially indicated. TPT made only a tiny amount on Monday but it was still 5% of stake. Yesterday was a bit better and boosted the stake to up to £21.58 overall for today a gain of 15%.
So, in five days we have gone from a stake of £10 …
Ten pound trader – Day two
Using maximum stakes of £11.76, ten pound trader managed to make £3.73 yesterday. That’s represents a 31.72% return on stake size on the day. Sounds impressive! Well it is, but it isn’t, but I hope my point will come across over the course of this post.
If I asked if you could return the same percentage on the day, you would probably be hesitant. But if I asked you if you could make 11p a race you would probably have …
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 …
Ten pound trader – Day one
After a great September I had considered posting up the P&L for last month and also the last three months in total as they are absolute stonkers. But as I went to prepare the image for upload I paused for thought.
I guess they show what is possible, but having been around for so long you would suspect that I should be able to pull in something special, especially with bigger amounts of capital to hand. So I had another …
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