Posts Tagged ‘ laying ’

Clean Sweep

A little update for the racing fans amongst the few readers…

It was a very good weekend despite the lack of qualifying races for both systems I’m running. Plenty of amateur races on Saturday, Hunter Chases and NH flat races. System 1 went 8/8 over the weekend which pushed it over the 10% profit mark after 25 days.  Strike rate is up at 88% for now, but I expect this to fall to around 86% over the course of the year. I designed it in mind with it being a slow but steady earner and initial results go along with that theory. It certainly isn’t going to set any records alight but slow and steady never hurt anybody and an extra 10-15% a month is mighty fine over the course of a year equating to 400% in that time. Still early days though and the next few months should be interesting.

System 2 recovered very nicely after a blip on Friday where it dropped 4% but then immediately made it back and more on Saturday and a good day today took the weekend to 7/7 and an overall profit of 25% after 17 days. Strike rate is up over 91% and I’m absolutely certain that this will fall back also like system 1 to be around 86-87% over a year.

The beauty of both systems is the staking plan. Maria famously used it to turn £3,000 into £100,000 in a year back in 2005-2006. Maximum exposure is 4% but with the systems I’m running, average exposure has been 3-3.5%. It’s ideal for what I’m doing and hopefully something good can come of both systems.

I’m just hoping that the racing form can transfer to my trading this week.