Today's Horse Racing

[Dallas]

Servants are doing their job for me today, lots of hit and run style tactics

[Derek27]

Sandown's been good for me, looking forward to Newcastle.

[Dallas]

Y, it's been the best for me this afternoon

[Euler]

Agree, I've picked off some good results from Sandown.

[eightbo]

Last 8 markets haha
-1R, -1R, -1R, -1R, -1R, -1R, Scratch, -1R

[ruthlessimon]

Last 8 markets haha
-1R, -1R, -1R, -1R, -1R, -1R, Scratch, -1R

This is why I hate the term "cut your losers, let your profits run"

It trivialises edge, & causes death by a thousand cuts

That in effect is a -7R loss in a single race, which would be interesting to test. i.e. Is the stop hindering

[eightbo]

it's the point at which the trade isn't doing what I expected,
have found that w/ more 'rope' not only is my performance worse, my emotions get going and it's further downhill from there

[Derek27]

Last 8 markets haha
-1R, -1R, -1R, -1R, -1R, -1R, Scratch, -1R

What the hell is 1R?

[ruthlessimon]

it's the point at which the trade isn't doing what I expected

That's what I wanna hear So long as it's a justified stop, it's a good stop

One of my focuses tonight is in fact holding vs targets

[ruthlessimon]

What the hell is 1R?

It's whatever 8 has defined as his risk per trade

i.e. 2ticks, 5ticks, 10ticks (so long as he's trading simply )

The fact he had -1R (7 times) suggested to me, a tight stop

[eightbo]

@Derek
Just means I'm trading with similar risk on each trade, 1R for me is around 1.2% of my account.
Getting a bit silly now, 11 market drought. Thankful for the opportunity to develop my emotional resilience though.

Will see what the eve card has in store.

[Derek27]

@Derek
Just means I'm trading with similar risk on each trade, 1R for me is around 1.2% of my account.
Getting a bit silly now, 11 market drought. Thankful for the opportunity to develop my emotional resilience though.

Will see what the eve card has in store.

I'm sure you'll get it back down under tonight.

[eightbo]

Maybe in another lifetime boys , not even gonna bother waiting around for the last

temp-drawdown-2.png

[ruthlessimon]

Maybe in another lifetime boys , not even gonna bother waiting around for the last

That'll be the 100:1 winner

[ruthlessimon]

Maybe in another lifetime boys , not even gonna bother waiting around for the last
temp-drawdown-2.png

That chart actually reminds me of this, from my older notes



-& here's the vid, you'll enjoy it

https://www.youtube.com/watch?v=Vy1_URi88eE