Who would have thought 20 February 2016 (not really a notable day on the Australian racing calendar) would become my best ever day on Aussie racing.
Starting bank $1000.
Motivation from other Trader's blogs and P&Ls.
-
Crazyskier
- Posts: 1288
- Joined: Sat Feb 06, 2016 6:36 pm
Interesting thread. I also find inspiration from seeing some of the more successful screenshots and try to learn from tales of woe.
I guess the key here is making it about WHY this or that worked and how we can learn from it, rather than a penis-measuring exercise that these 'look at me' type of threads can sadly sometimes degenerate to.
I would encourage as much detail as possible as to what contributed to the larger successes, though obviously appreciate that traders don't want to disclose tips that mayerode their 'edge' or margins.
Thanks for the insights so far guys, and keep posting!
I guess the key here is making it about WHY this or that worked and how we can learn from it, rather than a penis-measuring exercise that these 'look at me' type of threads can sadly sometimes degenerate to.
I would encourage as much detail as possible as to what contributed to the larger successes, though obviously appreciate that traders don't want to disclose tips that mayerode their 'edge' or margins.
Thanks for the insights so far guys, and keep posting!
-
marksmeets302
- Posts: 527
- Joined: Thu Dec 10, 2009 4:37 pm
Making that kind of money in a day is great, doing it on australian races makes it far beyond amazing! Congratulations, very well done.
Yes. That's Australian horse racing today.PeterLe wrote:Well done Gazuty
Is that across more than one sport and all automated?
Regards
Peter
It can be best described as augmented automation. I spent a fair bit of the day in front of the screen. Early on I could see that markets were in my favour today and so I just stepped things up (sometimes up to 8x usual stakes and really put the foot down when i could see things working for me).
And the overall result is around triple what the day would have been left only in auto.
Everyone has to do there own thing, I hope it can inspire as to what can be achieved.
What have I done? Along my journey I have always experimented and made plenty of mistakes. Once I found what worked for me, I automated and that takes all the emotion out. I know I'm profitable and I accept losses as a natural occurrence and wait for the next uptick. Before I automated I was always motivated to step things up to recover a loss - classic human behavior which leads to greater loss. I have trained my mind not to care about losses and by and large to watch the automation. If I'm watching and I notice favourable conditions I step it up. But by and large I just let the automation do its thing.
Really well done .. congrats.
Making mistakes, even costly ones, are (hopefully), just tuition fees, from where traders will push-on.
If nothing else, it tells u, if u have the mind-set, to put a loss behind u .. which, is v key in this job.
Making mistakes, even costly ones, are (hopefully), just tuition fees, from where traders will push-on.
If nothing else, it tells u, if u have the mind-set, to put a loss behind u .. which, is v key in this job.
-
convoysur-2
- Posts: 1110
- Joined: Thu Jan 12, 2012 10:00 am
after seeing this earlier i put this to the top of my to do list.
this guy is a sports trader,
this is heaven.
this guy is a sports trader,
this is heaven.
You do not have the required permissions to view the files attached to this post.
-
Crazyskier
- Posts: 1288
- Joined: Sat Feb 06, 2016 6:36 pm
Just thought I'd share this as I captured it for another thread...
Penny Pinching, for those who've blown almost all of their bank (like me) CAN be profitable, as I show here -
Penny Pinching, for those who've blown almost all of their bank (like me) CAN be profitable, as I show here -
You do not have the required permissions to view the files attached to this post.
Just as a way to encourage people to experiment (carefully 
) with automation
I didnt see every race today (and I did have some losers, they wasnt all like this), I just aim to be in profit at the end of the month. Liabilities set to >-7 (but there was some races that went less than -7 because of the speed Im firing in the bets etc)
Dallas has created some basic bots for you to develop, so never been a better time (by the way, if it helps; I was looking through my P&L's this morning and I found that I was most in profit on these auto strategies on the 17-20th Jan. Because I keep detailed notes I was able to wind back to see what changes I had made a long the way and I corrected them today). You nearly always have to stray away from the beaten track to test new things; but make sure you leave some breadcrumbs to find your way back
In two months time, you wont remember of you had a 0.3 Fil/Kill or a 0.9 for eg, so keeping notes is paramount
Good Luck
Regards
Peter
) with automationI didnt see every race today (and I did have some losers, they wasnt all like this), I just aim to be in profit at the end of the month. Liabilities set to >-7 (but there was some races that went less than -7 because of the speed Im firing in the bets etc)
Dallas has created some basic bots for you to develop, so never been a better time (by the way, if it helps; I was looking through my P&L's this morning and I found that I was most in profit on these auto strategies on the 17-20th Jan. Because I keep detailed notes I was able to wind back to see what changes I had made a long the way and I corrected them today). You nearly always have to stray away from the beaten track to test new things; but make sure you leave some breadcrumbs to find your way back
In two months time, you wont remember of you had a 0.3 Fil/Kill or a 0.9 for eg, so keeping notes is paramount
Good Luck
Regards
Peter
You do not have the required permissions to view the files attached to this post.
-
ijustlovesnickers
- Posts: 211
- Joined: Thu Jan 14, 2016 4:06 pm
Very interesting and I will certainly start to look at automation seriously soon.
As my trading has got better and better I think automation will become easier, due to a lack of understanding at the beginning I think that why automation is hard. If I was to go and create a rule now... I would be so more particular to a certain market type.
What was your stakes on these screenshots?
As my trading has got better and better I think automation will become easier, due to a lack of understanding at the beginning I think that why automation is hard. If I was to go and create a rule now... I would be so more particular to a certain market type.
What was your stakes on these screenshots?
-
convoysur-2
- Posts: 1110
- Joined: Thu Jan 12, 2012 10:00 am
well done peter lee..fantastic results,
tell me please ,,is this a normal day ? give or take a fiew quid
Marc
tell me please ,,is this a normal day ? give or take a fiew quid
Marc