I TRADED. .
Have done for last couple of days and not even out my freebee period
I TRADED. .
Thanks for this bud. Yes i am screen recording myself using EZvid, but im not a fan, it was the first bit of software i came across that would record more than 40 minutes, but the rendering of the video after uses heck of alot of CPU. Any suggestions on another piece of software would be great.Dublin_Flyer wrote: ↑Sat Feb 17, 2018 4:09 amWell done on your progress Billy,
Have you done your homework on your trades that were bad as well as the good ones? Reason for entering market, getting out, did you judge it right, could you have made more or lost less getting out at the time? Why did you think it was a good point to get in or out, did you overreact on either get into market or get out point?
Are you screen recording yourself? It might be useful, you could find you're after missing a spike because you're sidetracked/reading some BREAKING NEWS on Sky about Guardiola or Mourinho talking random sh1te, and you've gone from a nice green into a dirty red while your eyes were taken away for a split second!
Something as simple as the missus/mister asking do you want a bacon sambo with your tea. OF COURSE I WANT.....OH sh1t I'm in the red now!
Of course many people want a bacon sambo if it's offered with tea, but you get my drift I hope!
Small spreadsheet of the days races, after each race you trade, rated/listed/group/graded race, handicap/non-hcap, amateur or apprentice etc, put your reason for getting into the market if you traded it, or avoided the market, and getting out reason.
Take a days races and rate your trade from 1-10, 1 being fluke, 10 being legend, 11 being Peter Webb wishes I was his son!
IMPORTANT: Rate yourself as soon as you close your trade, no hindsight allowed at this point!
This isn't a game, it's for yourself alone.
Small spreadsheets like that might help you find your feet as to where your talents may or may not lie at the time, or where you need to focus, or you may already have talents you don't even know!
Thanks Mark? We must of been typing at the same time, wow i didnt know there was a spreadsheet already out there, is it just a case of plugging in via Guardian?Mark-H wrote: ↑Sat Feb 17, 2018 9:32 amI second the suggestion to screen record yourself. Peter produced a video titled Simple Tip To Improve Your Trading where he lists the reasons why you should record your trades...not least because you will be able to look back on them at a later date and see just how many mistakes you made at the start!
Personally, I gained a huge amount of insight into the markets when I plugged in the excel spreadsheet by Switesh. It records the market movements of the top 10 in the market, so you can look back at the race some time in the future, and see when odds movements happen, what triggered it and where any support or resistance lay.
spreadsheet.jpg
Using the spreadsheet, compare a high grade race at Cheltenham with a mid-winter, mid-week NHF and you will quickly gain valuable insights into what causes a market to move.
Of course, you ALSO need to avoid analysis paralysis!
But most of all, have fun,
Mark H.