Australian Horse Racing

The sport of kings.
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eightbo
Posts: 2325
Joined: Sun May 17, 2015 8:19 pm

rik wrote:
Sat Apr 10, 2021 9:02 am
D81AE3E4-0D4D-4E5C-8267-B4525D90139F.jpeg
look forward for Aintree good consignet morning
I remember dreaming of daily pnl like this, Rik seems to be gone these days but I miss him he inspire me to value bet more and achieve those big pnl 🙌😎
Screenshot_20260917-060211.png
anyone still in contact with him?
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Naffman
Posts: 6101
Joined: Sun Aug 11, 2013 5:46 am

Amazing work eightbo - I remember Rik dishing out those P/L's like it was nothing :lol:
eightbo
Posts: 2325
Joined: Sun May 17, 2015 8:19 pm

Including a -10k on the Irish racing and just putting his hands up 😂😂

btw ppl I'm thinking about going to Caulfield to have a play with tracksiding, anyone wanna come with? :)
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jamesedwards
Posts: 6243
Joined: Wed Nov 21, 2018 6:16 pm

Is that your £16k P&L? Amazing work. Was it in-play or pre-off?
eightbo
Posts: 2325
Joined: Sun May 17, 2015 8:19 pm

mix of all, good pre race trades are only a few hundred in the green on a standard day (pic 1)
IMG-20260917-WA0011~2.jpg
need to carry liabilities for bigger results, and that requires lucky outcomes for big +£ (pic 2)
IMG-20260917-WA0036.jpg
As for how there is currently a guy in UK/IE pre-race mkts doing short term price manips on a 5fig bankroll, if you just fade him in the right places you can get big sums on at +EV, and if luck is on your side you can achieve those big pnl (pic 3)
Screenshot_20260923-042710.png
This goes against conventional advice to trade as many opportunities as possible, however I personally don't trade well when I'm having a losing day so instead I keep daily risk tight, start small and scale up into winning days aggressively. If I'm up +£7k I don't mind to have -£4k liability on the next, but I wouldn't take -£4k liability on R1. This approach means undoing a lot of profitable days and often walk away with break even or a max daily loss but the upside is finishing work early on losing days, and the winning days will outweigh losing days as usually trading for more time on winning days (more ticks earned), and typically for much higher size (each earned tick is worth significantly more vs. losing days)
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jamesedwards
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eightbo wrote:
Tue Sep 22, 2026 8:08 pm
mix of all, good pre race trades are only a few hundred in the green on a standard day (pic 1)
IMG-20260917-WA0011~2.jpg

need to carry liabilities for bigger results, and that requires lucky outcomes for big +£ (pic 2)
IMG-20260917-WA0036.jpg

As for how there is currently a guy in UK/IE pre-race mkts doing short term price manips on a 5fig bankroll, if you just fade him in the right places you can get big sums on at +EV, and if luck is on your side you can achieve those big pnl (pic 3)
Screenshot_20260923-042710.png

This goes against conventional advice to trade as many opportunities as possible, however I personally don't trade well when I'm having a losing day so instead I keep daily risk tight, start small and scale up into winning days aggressively. If I'm up +£7k I don't mind to have -£4k liability on the next, but I wouldn't take -£4k liability on R1. This approach means undoing a lot of profitable days and often walk away with break even or a max daily loss but the upside is finishing work early on losing days, and the winning days will outweigh losing days as usually trading for more time on winning days (more ticks earned), and typically for much higher size (each earned tick is worth significantly more vs. losing days)
Very impressive. How much of this upside can you hang on to over time? Do you have a 7-figure 52-week gross P&L?
eightbo
Posts: 2325
Joined: Sun May 17, 2015 8:19 pm

jamesedwards wrote:
Tue Sep 22, 2026 8:41 pm
eightbo wrote:
Tue Sep 22, 2026 8:08 pm
mix of all, good pre race trades are only a few hundred in the green on a standard day (pic 1)
IMG-20260917-WA0011~2.jpg

need to carry liabilities for bigger results, and that requires lucky outcomes for big +£ (pic 2)
IMG-20260917-WA0036.jpg

As for how there is currently a guy in UK/IE pre-race mkts doing short term price manips on a 5fig bankroll, if you just fade him in the right places you can get big sums on at +EV, and if luck is on your side you can achieve those big pnl (pic 3)
Screenshot_20260923-042710.png

This goes against conventional advice to trade as many opportunities as possible, however I personally don't trade well when I'm having a losing day so instead I keep daily risk tight, start small and scale up into winning days aggressively. If I'm up +£7k I don't mind to have -£4k liability on the next, but I wouldn't take -£4k liability on R1. This approach means undoing a lot of profitable days and often walk away with break even or a max daily loss but the upside is finishing work early on losing days, and the winning days will outweigh losing days as usually trading for more time on winning days (more ticks earned), and typically for much higher size (each earned tick is worth significantly more vs. losing days)
Very impressive. How much of this upside can you hang on to over time? Do you have a 7-figure 52-week gross P&L?
No that'd be nice, DM to chat further as off topic now
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