Discipline

Nothing on interest on the coupon today. Just thought i'd share a few thoughts today, leading on from yesterday. I've been messing around with betting and trading (there is a big difference) for about 8 years now. In the early years i thought that more was best. If the odds suited me i would go for the trade. The problem with this stategy is that before long it will lead to a losing day, the question is how to deal with a losing day! Some schools of thought say you should double up to win the losses back, others say ignore the loss and stick to the stategy. My own experience is that both stategies will work fine as long as the picks are good, and you don't fall into the expensive trap of just betting on the next available game to get your money back asap. Discipline is key! Before any given day i will have earmarked a number of games that are worth trading, sometimes 2-3, sometimes none. If there aren't any games then i leave it alone and get on with the rest of the day! I will not deviate from my original list during the day to try to recoup losses- it's very tempting to jump on the next game after taking a hit. After a loss i usually get off the laptop for a while and do something else for a while.

Time to start blogging again

Well i see that it's been a while since using the blog, time to pull my finger out i think! The last couple of years i've been playing around with forex trading with mixed success to be honest. Being honest with myself it was a bit hit and miss for me personally, the temptation is to slap yourself on the back after a good trade but blame the market after a losing trade - the danger being not learning from the mistake (whatever it was). The result is that i'll be concentrating on the football for the time being, going back to what works best. I suppose that there's a lesson there somewhere... These days i trade larger amounts but not as often. I think in the early days i traded far too often, giving part of the profits back. I'll try to post when and if i trade and running results.

13 Oct
Another tough coupon from Betfair today with youth internationals on the card.
Siena V Padova is the only FTS game on the coupon for me.

FTS System link is at the top right of the page. Now in it's 6th/ 7th season it's one of few winning trading systems available. The author sends out his own picks, and here i'll try to post my own picks as we go along.

Please note this is NOT straight betting, you need to get the system before betting any of your hard earned cash!

Well the England game was a good example of why we don't bet on internationals with FTS, the games are just too unpredictable. England going 0-0 with lowly Montenegro, Belgium playing a 4-4 with Austria. Basically too many hot favourites come unstuck at international level.

12 Oct
Some horse racing lay bets, remember go small!

4.10 Lei Bondage
5.10 Lei Rosairlie
3.50 Hun Swincombe Rock

International coupon today which is never the best for us! I generally try to avoid cup games (unknown team strength due to rested star players) and internationals as weak teams tend to try to play for the draw against strong opposition. Tonight i'll be staying away from Betfair and waiting for a better day.

FTS System link is at the top right of the page. Now in it's 6th/ 7th season it's one of few winning trading systems available. The author sends out his own picks, and here i'll try to post my own picks as we go along.

Please note this is NOT straight betting, you need to get the system before betting any of your hard earned cash!

Well River Plate ended 0-0, low scoring turned out to be optimistic! It turned out to be a good one to leave alone as predicted.