My trading Log

SlowJack

My Trades.

Ok, first of all I am a bit new to the whole concept and this might be the main reason for me starting the log.

I am doing the log because, it might help me control my bankroll, I hope to get some feedback in how to do this better and also if anybody have advise or the odd tip, I will appreciate it.

The background is simple, I got €20.00 for free to trade with from Oddsfutures a new betting exchange. The beginning of my trading was simple and in 10 days I built the €20.00 up to €109.00, happy days!!! How wrong was I, over the weekend I made a ton of trades on horses that went totally the wrong way and by Sunday night my account was down to €58.00.

I put some time into it yesterday and are back to €69.65. I find you have to spend time to get to know what is going on in the market before you trade as I learnt the weekend. You just can't look at form and think there will or will not be money on the horse. Also try and do less trades, you can trade on every race, but if you want to do that, you must know your story. It takes time to analyse one race or two, if you want to do every race, you will need loads of time.

Ok, I will keep a log and use €50.00 from my bank to trade with, I will try and trade the whole €50.00 every day, until it is €100.00 again, then maybe start trading with more a day. The €19.65 I will keep for a rainy day.

I will try and update it 3 time per day, that is on the days I trade, obviously I will not trade every day. I wish I could, but this is just for fun, so please remember I am still learning. First, I will post the picks I made for the day and how much I have on each, the price I put my trades out at. If they get matched and the last will be either to post a profit or loss.

I am working on today's picks, will post in a few minutes.

SlowJack

Today's Trades:

1. 13:20 Lingfield

Emmuska Current Price: 20.78

Trades:
€3.00 buy matched at 17.50
€16.00 buy unmatched at 16.90
€20.00 buy unmatched at 20.50
€7.00 buy unmatched at 17.50

I think there will be money for Emmuska so all my trades is 'buy', I hope to get a few matched and the price drops.

Also had a slip of the finger and spent some cash on Good Luck Charm, this will not make sense, but sure.

Good Luck Charm Current Price: 5.91

Trades:
€5.00 buy matched at 16.90
€3.00 sell matched at 21.00

This trade on Good Luck Charm is just wrong, got a bit confused, well hope it pans out ok!

2. 12:50 Lingfield

Vale Of Lingfield Current Price: 11.48

Trades:
€5.00 buy matched at 11.40

Lana Mae Current Price 49.39

Trades:
€5.00 sell matched at 50.00

Chorister Sport Current Price 7.18

Trades:
€2.00 sell matched at 7.00

3. 15:10 Hexham

Foot The Bill current Price: 27.41

Trades:

€5.00 sell matched at 28.00

Shooting Times current Price: 27.41

Trades:

€5.00 sell matched at 28.00

4. 15:25 Fairyhouse

Dapper Dan Current price 14.00

Trades:
€5.00 sell matched at 14.00


Cranky Corner Current price 7.46

Trades:
€8.00 sell matched at 7.50

5. 14:40 Hexham

Pennek Current price 21.79

Trades:
€12.00 sell matched at 19.80

Total matched €58.00

Will update if I make more trades and if any of mine gets matched.

SlowJack

My first log looks to much of a mess, next day I trade I will just post matched trades.

Anyway so this is todays matched trades, I spent a bit more than €50, hope to get this under control.

Today's Trades:

1. 13:20 Lingfield

Emmuska
€3.00 buy matched at 17.50

Good Luck Charm

€5.00 buy matched at 16.90
€3.00 sell matched at 21.00

2. 12:50 Lingfield

Vale Of Lingfield

€5.00 buy matched at 11.40

Lana Mae

€5.00 sell matched at 50.00

Chorister Sport

€2.00 sell matched at 7.00

3. 15:10 Hexham

Foot The Bill

€5.00 sell matched at 28.00

Shooting Times

€5.00 sell matched at 28.00

4. 15:25 Fairyhouse

Dapper Dan

€5.00 sell matched at 14.00

Cranky Corner

€8.00 sell matched at 7.50

5. 14:40 Hexham

Pennek

€12.00 sell matched at 19.80

Total matched €58.00

Will update when races are settled, I am up €2.27 at the moment, but it keeps on changing....lol