Failure

I just want to add a few words about failure. Why do people fail? This can be applied to just about anything and not trading specifically.

Why do people fail?

  • The wrong environment
  • They do not have a strong enough reason why.
  • They do not follow the plan
  • The going gets tough……..
  • They are thinking in the short term
  • They do not feel the pain

The importance of a reason why

  • It provides clarity and focus
  • It helps keep you focused
  • It helps to motivate you
  • It keeps you determined

Does any of this ring true? just some things to look at. The list is certainly not exhaustive

Racing Trades 27th March & Racing Preview Video – Evening Review

If you want to see how to get the best out of my trades see HERE

Back2Lays

Wetherby 4:30: Rebel Swing: 7/1 for the arbers: 8.6 stop loss 10.5

Southwell 5:30 Al Amaan: 3/1 4.3 stop loss 5.4

Lay2Backs

Southwell 3:35 LAY Hanna Turn @ 1.9 stop loss 1.77

 

Evening Review:

First I’ll rip though the racing trades. Hannahs Turn was a nice drifter went out to around 2.2 before coming in close to the start. I got out easily at 2.14 to make £23 profit.

The first Back Rebel Swing looked unlikely to get matched at one time. But even close to the start 8.6 was availablr. It flirted with that price before moving down a few ticks to make £12.

The 2nd of the backs looked promising, it went in as low as 3.85 before bouncing. I closed for a 2 tick profit as I could see the favourite was being backed in. It made £4.

Overall not too bad, the daily profit was nearly £40.

I think the preview video through up a couple of gems.The 1st one I mentioned Special mix in the 2:20 was a drifter unfortunately, but 10 – 12.5 is not the end of the world. Global Flyer in the 2:50 Weth went from 10 to 7, Neptune Equester was backed as soon as Brian Ellison had winner in the 2:20. It cam e in from 4.2 to as low as 3.45. It drifted back out before the off. But went on to win.

My fancy for Rylee Mooch in the 4:05 Lingfield was well founded. It was backed from 4.9 into 3.8.

If you think the preview videos are worthwhile, and you get something from them, please vote on the poll in the sidebar. If you think I am wasting my time, your vote to say they are not helping you would also be appreciated. The pools are a good way for me to see what my readers want to see from me. Cheers MG