1:55 Chepstow: Silver Commander 7/1: 8. stop loss 9.8 AMENDED
2:15 Ayr: Jonny Delta 7/2: 4.3 stop loss 5.4
3:25 Ayr: Netminder 9/2: 5.5 stop loss 6.8
4:50 Chepstow: Decent Lord 5/1: 6.0 stop loss 7.4
No need to chase these: I have money left in all of these prices. If it’s not taken it will go down as NO BET
To get the best out of my trades see HERE
First trade Silver Commander was a wobbler, it didn’t do anything, then drifted very quickly into the stop loss. A loss of £18.
Second we had Jonny Delta. My money was not matched at 4.3. But a horse was withdrawn and I calculated the new position to be 3.8. I was lucky enough to get matched. Then another horse was taken out which reduced the price to 3.69. This was a big mover and eventually hit 2.68. Went on to win. £36.17
Then it all came crashing down. Just before 3:00pm the Betfair site crashed. Again. Not for the first time I was faced with serious amounts of money on positions I could not get out of. I cannot begin to tell you how angry I am about this. I know some of you would have lost money too. I have the 3rd trade down as a COMPLETE Loss: The whole £100. It was possible to trade out well below the price we took in running if you had access and the funds available in a Betdaq account.
The final runner once again gave us little chance and drifted into the stop loss. If Betfair had not have crashed it would have been a winning day. But there is nothing I can do about that.
This whole episode has raised some serious concerns. I am happy to take my chances with my own money. But I realise some of you new traders especially would have not come across this before and may have been exposed to a big loss. I cannot allow that. So it’s with regret I am not going to post up any more morning trades for the time being. There are plenty of tipsters out there. I am no tipster, I merely want to show what is possible with structure and discipline.
From some of the feedback I am getting I think the benefits from me passing my experience onto you is more important than a few tips. It’s certainly not the end of the blog. On the contary. I am going to spend more time on writing articles and showing other ways of making money from betting. My Portfolio trades will continue, as these are a different kind of trade with less exposure to this kind of disaster. Thanks for your support. Gutted for you if you were caught too.