Trading Diary

[SeaHorseRacing]

Thanks for the message.

My actual goal is to be making a full time living by the summer which will hopefully start at the end of April.

My target for December is to break even. And my overal target is to hopefully build up a nice bank ready for Cheltenham.

My intial plan was to start with a £300 bank. As I have gone full time I want to spend these intitial months improving. I still have some bad habbits that I am not happy with, Intially using a small bank of £300 would allow me to purely concetrate on improving my inner faults rather then pushing to make money everyday.
After a little blip, I said to myself that £50 is a challenge to myself. I genreally have no problem with making money on the markets and I am fairly consistant but a few times I have blown my bank, these personality traits require my absloute main focus and they are caused by a number of reasons and sceneraios. Using a £50 bank will allow me to grow into a better trader.
I am of the belief that to get where I want to be using a very small bank is the process I need to take to develop.
I want to use £50 and completey respect it and honour it with everything I have got and teach my self along the way.
My faults are sub concious nothing to do with money, If I continue to trade with a large bank what am I teaching myself? All I am doing is trying to make it pay. I know I can make it pay this is the reason I went full time.

You said I havent impoved? Yet I clearly havent?
I have only been trading with £50 for 4days.
I dont understand what you mean.
I am improving everyday.
My whole objective is to improve this is why I have left my job, I could carryon the way I was and go back to my old job and trade at the same time but I want better then that. I want to be the best I possibly can.
I had three losing days in the whole of November and that is prevelant throughtout the last 5 months or so.
Just because I lost my bank it didnt mean I lost all my money, I think that maybe this is what people seem to be understanding wrong.
I lost £400 however I still made a profit overal in November.

My daily routine and strategies.
I wake up and chill out for genreally an hour.
Around 9.30am I fire up the PC and load betangel.
I get on with my daily workout then have some breakfaast.
Around 11am I go through the days racing. Firstly I delete markets which I believe are weak or not worth the time of day- Generally anything that is priced above 4/5s and it is a weak handicap race. So for example a class 6 handicap where the favourite is price is above 5s.
This usually takes around 40 mins, then I will do a little bit of meditation.
If its a Saturday or a very busy day I will eliminate races that clash chosing the higher quality races.
Everyday I will target certain races which I believe fit me perfectly.
I persoanally prefer to swing trade however If I can find a top quality stable race Id rather scalp it.
If I come to a race and it appears very illiquid and low volume matched I will skip the race or if the previous race is running late I generally try not to get involved.

During the week in the winter I very rarely scalp, sometimes its just not worth the hassle. So for today or example I only traded a few that I thought would give me a few moves.
Generally as a rule on the weekend if everything is running smoothly I will trade alot of markets. Where as some saturdays I may only trade 8/9 markets.

Then come the evening time I have a little break and switch over to greyhounds on practise mode and spend my evening trading them.
Then to unwind before bed I will go through my days results.
I try to always have alittle look the evening before of the next couple of days racing and at the same time go back to some screen recordings of similar markets.

You keep stating to be honest with yourself?
If it is case of that I am not believed why bother your time?
I will state that I am dislexic so not the greatest of writers.
I am continoulsy monitoring myself and my trading to improve and I am analysing it daily.
Depends what aproaches may enable me to adapt.
When you take a £400 hit from stupidity you think diffrently and say things dependng on yoou mood.
My long term goals are still the same.
Protect my bank everyday and everytrade,
Break even for December.
Continue to improve and build a nice bank for Cheltenham
Hopefully ready to be game for the summer..

Cant see what keeps changing.

Thanks

[SeaHorseRacing]

It's all very confusing Halliday, why someone supposedly winning money would assume lowering stakes would erase errors is beyond me. Everyone has flaws in their trading but as long as the end balance is positive you do your best to minimize or remove them. Limiting your profability by trading pennies for 4 months makes no sense whatsoever if you're winning and the overall profits outweigh any blips along the way especially if you've only a few years to play before becoming champion trainer too.

You know what mate, we can all dream and atleast I have the guts to be honest. I have a dream to train racehorses for a living. Whats wrong with that?

Let me tell you something. You are going to look really stupid reading this back one day.
Its people like you that get right under my wick.
I am to bloody honest for my own good.
You keeping knocking me down.

You are so sad. Seriously.

[Pinnochio]

Nothing wrong with dreaming, it's just when those dreams blur with reality that problems occur. You're gonna be a full time trainer paid for after 4 years trading, seriously?

No one's knocking you down, they're just pointing certain things out that don't add up, forum's are full of people telling porkies you should be aware of that by now. If yu want people to believe you made profits in Novemebr post up screenshots' it's little statements where you feel the need to convince everyone you're winning regardless that ring hollow and are pointless for a thread of someone learning to trade. I remember when i started learning to trade I spent my time honing my trading skills not trying to convince everyone was the bees knees at just about everything going.

It's been mentioned before just how people love to try and convince themselves they're winning even though there profit tells a completely different story. They assume that one or two flaws are the reason they can never make profits long term conveniently forgetting those same flaws also contribute heavily to their profits when they go the right way fr them. The variance in scottys profit and losses and amounts from £5 stakes would also indicate this to me. Only time you ever really make progress is when you stop kidding yourself, kidding others is really of no merit whatsoever.

[SeaHorseRacing]

But your mocking me because I have a dream?

You have no idea what I look like, no idea who I am wether I am a women or a man. Lets be realistic here. It is completely Judgemental. I appreciate if you were contributing to my topic but your not. Your simply having a dig at every opportunity you can.

It doesnt matter what I say or do you have made your decision to judge me.
I posted a £30,000 screenshot on here of a winning bet with Ladbrokes around a year a go and here I am again being asked to show my profit or loss for November.

The whole point of this topic is becuase I have an emotional issue with money. Maybe because my father is a successful businessmen and I have been spoilt growing up.
You know what maybe its because I dropped out of Drama school and my close friends of the likes of Jessie J have made it and I never?

Heres a video of my showreel a few years back thats right you may even remember me in a few tv shows?

I remember my secondary school teacher was just like you. I proved him wrong and I will do the same.

https://www.youtube.com/watch?v=U0jdzmgAChE


Maybe you can judge that?

Back to trading:

I am fully aware that I have no respect for money as at times I can be reckless and blow my banks.

I mean maybe I should upload a screenshot of my passport?
I am not here to kid anyone. I am here because I was hoping that uploading my results each day could in return help me.
I am posting up results from a £50 pound bank to show everyone how good I am?
What like I am gloating about?

I posted that I lost £400 and I have clearly stated that I have sub concious and emotional issues within in the markets yet you seem to think that I am here to kid myself and everyone else?

Again your now judging me because I have dream?

Are you me do you know my dream? Becasue I want to train racehorses automatically makes you qualified to think that I cant do so or I wont make enough money to do so?

Lets think about this really really carefully I said I want to make more money to enable me to have a better set up so I can train for living. That is retty much it.


Addiotionally, I see you dishing out the advice. Wheres your P & Ls? Lets see them?

Even if you do I am not interested.

[SeaHorseRacing]

Lol. I cannot believe I am wasting my time.

I am too busy trading.

Good night

[Halliday]

It's all very confusing Halliday, why someone supposedly winning money would assume lowering stakes would erase errors is beyond me. Everyone has flaws in their trading but as long as the end balance is positive you do your best to minimize or remove them. Limiting your profability by trading pennies for 4 months makes no sense whatsoever if you're winning and the overall profits outweigh any blips along the way especially if you've only a few years to play before becoming champion trainer too.

You know what mate, we can all dream and atleast I have the guts to be honest. I have a dream to train racehorses for a living. Whats wrong with that?

Let me tell you something. You are going to look really stupid reading this back one day.
Its people like you that get right under my wick.
I am to bloody honest for my own good.
You keeping knocking me down.

You are so sad. Seriously.

I don't think Pinnochio was putting you down or being negative .. I suspect I lot of forum members can't make sense of what your actually trying to achieve
But when you start resorting to name calling and calling people "sad" just because they question your strategy etc . Then you start to lose your credibility

It's perfectly reasonable to ask why you should reduce your bank to £50... After saying you had made a profit over the last 14 months ... As far as most of on here understand . You were going to start with a bank of £300 . But you lost it the day before your start date . You said in your first post if you lost your bank . You would start with another £300... So in view if that it's perfectly reasonable to ask questions

You seem to sound every waking moment planning to trade . Trading . Or practising ... And you say you have been doing it for 14 months and know all there is to know

I started trading so my days could be my own . Not to be doing it every waking hour

Forget about " practising " greyhound trading . Low liquidity . Markets totally different to horseracing .. Didn't you say you lost your bank trading them .. Yet now your practicing !!
You obviously were a gambler . And it is that part of you that seems to be making decisions .. I suspect you still gamble and are not trading
Just chill out in the evening would be my advice . The amount of time your spending trading etc . Not the way it should be

Hope you still keep posting . But don't have a go at others . And be honest with yourself and with others ..and answer their questions

[Halliday]

Lol. I cannot believe I am wasting my time.

I am too busy trading.

Good night

Well you shouldn't take things to heart ... And you shouldn't be trading .. And if your in practice mode .. That's even worse . You will not learn the value of money or how to manage it by being in practice mode in markets if low liquidity and high volatility

Just enjoy your evening

[SeaHorseRacing]

There was a straight question to be asked. In which I gathered was, I dont understand why you are trading with £50 and something doesnt add up.
Whilst at the same time its acceptable to judge me and wind me up because that is what has happened.

The thing is Pinnocio is making the assumption that I am some kind of internet troll but in reality someone needs to look in the mirror.

Again jumping into conclusions, because I am trading in practise mode doesnt mean I am learning about dealing with money.
The answer to what you have already made your mind up to isI am trying out new strategies exploring new markets and rehearsing.

I appreiate anyones advice and I am open to any direct question.
Read through the thread, If a question was genuine and straight to the point I answer the best I can but then it gets to a stage were it is taking this piss and mocking me.

Yes I am taking it to heart, this is my life and my business so I have to defend my position.

Please anyone out there if you have a question please ask and I am always prepared to answer but there is a fine line to taking the piss becuase of your own reasoning.
If you doubt something get straight to the point.

[Pinnochio]

Yet again yu seem to be trying to impress an anonymous forum for some reason and take any sort of criticism to heart if it queries you. If you can't brush off queries about your posts I'd hate to see what your like after losing a bank. I've no need to try and sabotage your trading you seem quite capabale yourself. You need to stop caring what others thnk, drop the narcissism and concentrate on your trading.

I'll leave you to it.

But your mocking me because I have a dream?

You have no idea what I look like, no idea who I am wether I am a women or a man. Lets be realistic here. It is completely Judgemental. I appreciate if you were contributing to my topic but your not. Your simply having a dig at every opportunity you can.

It doesnt matter what I say or do you have made your decision to judge me.
I posted a £30,000 screenshot on here of a winning bet with Ladbrokes around a year a go and here I am again being asked to show my profit or loss for November.

The whole point of this topic is becuase I have an emotional issue with money. Maybe because my father is a successful businessmen and I have been spoilt growing up.
You know what maybe its because I dropped out of Drama school and my close friends of the likes of Jessie J have made it and I never?

Heres a video of my showreel a few years back thats right you may even remember me in a few tv shows?

I remember my secondary school teacher was just like you. I proved him wrong and I will do the same.

https://www.youtube.com/watch?v=U0jdzmgAChE


Maybe you can judge that?

Back to trading:

I am fully aware that I have no respect for money as at times I can be reckless and blow my banks.

I mean maybe I should upload a screenshot of my passport?
I am not here to kid anyone. I am here because I was hoping that uploading my results each day could in return help me.
I am posting up results from a £50 pound bank to show everyone how good I am?
What like I am gloating about?

I posted that I lost £400 and I have clearly stated that I have sub concious and emotional issues within in the markets yet you seem to think that I am here to kid myself and everyone else?

Again your now judging me because I have dream?

Are you me do you know my dream? Becasue I want to train racehorses automatically makes you qualified to think that I cant do so or I wont make enough money to do so?

Lets think about this really really carefully I said I want to make more money to enable me to have a better set up so I can train for living. That is retty much it.


Addiotionally, I see you dishing out the advice. Wheres your P & Ls? Lets see them?

Even if you do I am not interested.

[Halliday]

There was a straight question to be asked. In which I gathered was, I dont understand why you are trading with £50 and something doesnt add up.
Whilst at the same time its acceptable to judge me and wind me up because that is what has happened.

The thing is Pinnocio is making the assumption that I am some kind of internet troll but in reality someone needs to look in the mirror.

Again jumping into conclusions, because I am trading in practise mode doesnt mean I am learning about dealing with money.
The answer to what you have already made your mind up to isI am trying out new strategies exploring new markets and rehearsing.

I appreiate anyones advice and I am open to any direct question.
Read through the thread, If a question was genuine and straight to the point I answer the best I can but then it gets to a stage were it is taking this piss and mocking me.

Yes I am taking it to heart, this is my life and my business so I have to defend my position.

Please anyone out there if you have a question please ask and I am always prepared to answer but there is a fine line to taking the piss becuase of your own reasoning.
If you doubt something get straight to the point.

How many hours a day do you think about/ practice / trading ? . It shouldn't be all consuming .

[SeaHorseRacing]

Hang on minute.

I was not trying to impress anyone by anyhow. I am simply uploading my daily P&L's which is barely enough to cover my daily electricity bill.
If by somehow I am coming across narcissistic I am still struggling to understand how. In depth my topic has been a true assement of where I am and where I am at.
I was put into a position because of what was said, this topic is for the benefit of my own and others.

I have no desires whatsoever to argue with anyone but I benefit a lot from this forum. You know what If you think I am wanker, why dont you just private message me and say listen scotty I think you are... and I think you should be doing this.

I do concetrate on my trading but please remember its clearly obvious of my desire and dedication and I fully appreciate not having the digs.
I can brush of quries about my posts it just happens that taking the piss at the same time really doesnt help.

Seriously. I feel like ive just lost an hour I will never get back!



It is clearly obvious that 99% of my posts are trading related for learning and engaging in similar discussions.

I am being judged away from the truth but when put under the knife I become like im trying to impress others.

[SeaHorseRacing]

How many hours a day do you think about/ practice / trading ? . It shouldn't be all consuming .[/quote]

That varys but currently about 4/5 hours a day just in the evenings with grehounds.
Think I miss read your question.

Probably 9/10 hours trading- the day real mode- evenings greyhounds
1/2 hours on thinking about etc...

[ruthlessimon]

sorry to bring this off topic; but shr you used to be an actor?

[SeaHorseRacing]

sorry to bring this off topic; but shr you used to be an actor?

I knew that pun was coming. I know who would have guessed it.

Pinnichio is right to some degree, I dont know what it is but I get so hecked up when its do with my trading.
Far too sesitive, genuinly not like this in reality.

[ruthlessimon]

no i meant that srsly. i was impressed with the showreel. no snarks i promise