My Journey, day by day

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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Original-Soultrader wrote:
Tue Mar 13, 2018 10:32 pm
Couldn't get out? At Cheltenham? Maybe you just chose not to?
Sorry Shaun. Change to "couldnt get out at a profit" :)
Much as I defend you right to the thread if it serves you well blah blah blah, I'm not convinced it's a good idea for the actual P&Ls. The anicdotes are fair enough. But, being new I think you should be trying all sorts of things, learning by failing can be as valuable as sticking to a plan sometimes as I'm sure you know.

So if you want to see what 'in running' is like, have a go, but plan to have a go rather than it just happening. If so, you might have done better if you'd known if your horse was a front runner or a hold up job for instance. And if you lose, no big deal, refine and try again or move on. I think you might agree though that not having even seen a race until a week ago, your race reading skills might have been weak point ;)

Even then, there's no harm in 'playing' with a few quid because you never know what you might see that inspires you or might make you consider automation for instance. I've said before about how different these markets are from fx, another is that there's many many more ways to trade them, try a few and don't worry about justifying every penny on here.
Original-Soultrader
Posts: 67
Joined: Mon Mar 27, 2017 12:19 am

I get you shaun, i really do.

just bear in mind i first joined this forum close to a year ago - i did play a lot with all sorts, dutching, in play etc before deciding to take it a little more seriously. I don't feel under pressure to 'perform' because i'm posting the p&l but i do understand where you are coming from.

Today was really an anomaly, I was in for a tenner and it was the first race at cheltenham so i thought sod it, i'll have a gamble - it was the favorite so i thought it had a fair chance. The bet actually had a lay on at 2's to get out but it never went down even a tick.

I feel at home looking for the swing trade and that's where most of my efforts lie.

Tomorrow will be thin for me, got an MRI scan at noon but should be back around 3pm after some lunch. this shows my whole attitude - in the past when trading forex i was stuck to screens like 12 hrs a day - that isn't for me anymore, truth is i can take it or leave it. to me it's the best attitude because if you NEED to trade then it's almost like it's scared money - and we all know what scared money does :)

I am getting to a point now where when I look at a market I often just think "I have no idea" and just skip to the next one so i guess something is happening. The 'edge' I thought i had last week is not as clear cut as i thought it was but it does have some merit to it which helps with selections.

I do appreciate the post and the meaning behind it. If i get to the point where I feel I HAVE to post my P&L then i'll just stop. In fact let's just stop right now. No more P&L posts for a while until i start to scale up, pretty pointless anyway because they are all the same at the moment. Maybe just for when I hit milestones.
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Fair enough, was just an idea. I didn't realise you'd already been round that loop.
All the best for tomorrow, if you're nhs that noon scan could be closer to 3pm.
Original-Soultrader
Posts: 67
Joined: Mon Mar 27, 2017 12:19 am

Actually in Derby they're pretty bloody good. I can't fault any of the treatment or service i've had at all.

i don't think there is an nhs problem, i think there's an A&E problem. The media always look for the worst things to report - as an ex radio guy i'm well aware how it works.
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