Tuesday 8 February 2011

Nobody likes a losing day...

It's inevitable that we'll get losing days, today was a good losing day. Nothing much to report on, but lessons to be learnt and noted down in my trading notepad.


Tipster: P/L Today: Stakes: ROI: Net Profit
4PA 0.00 0.00 N/A 97.75
BLB -0.92 3.16 -29% 14.66
CL 0.00 0.00 N/A 34.30
CNB 0.00 0.00 N/A 1.43
EI 0.00 0.00 N/A 45.07
EWV 0.00 0.00 N/A -56.66
FB 1.25 5.00 25% -4.38
FE 0.00 0.00 N/A 22.03
FES 0.00 0.00 N/A 3.94
FI -1.00 1.00 -100% 26.69
MGB 0.00 0.00 N/A 25.00
NB -2.00 5.00 -40% -21.28
NMP -0.50 0.50 -100% 6.33
PB 0.50 1.00 50% 21.70
SK 0.00 0.00 N/A 51.01
SKS 0.00 0.00 N/A -2.88
TRAM 0.00 0.00 N/A -16.13
TRAS -1.78 1.78 -100% -1.58
WRT 0.00 0.00 N/A 7.16
AB 0.00 0.00 N/A -2.27
MB 0.00 0.00 N/A 1.00
SPDT 0.00 0.00 N/A -0.23
22L 0.00 0.00 N/A 0.34
GVE 0.00 0.00 N/A 5.13
HF 0.00 0.00 N/A -26.38
HRM 0.00 0.00 N/A -6.28
LB 0.00 0.00 N/A 3.02
PCB 0.00 0.00 N/A 19.60
STR -9.00 14.00 -64% -15.50
Total -13.45 31.44 -44.80% 232.58

The majority of the points losses came from Strikeline, which I'm not worried about. I'm a little annoyed I lost a point on the Bettor Logic Bets, after yesterday's results using lower leagues I should have known better. But I stick to the stats and the stats said there was value so I won't be changing anything, but will be a little more careful when selecting lower leagues from now on, especially when it comes to total goals.

I was recently given a good idea by my hypnotherapist: to write a job desciption for what I do. The reason being is that to be at my best and to be winning I need to be good at what I do. If I were to employ someone what would I look for?
- Experience;
- Track record;
- Courses;
- Attitude;
- Ability.

I'll try and do a job description over the next week or so, it's not top priority so might not get done but it's something that I'm looking forward to doing. Would I employ myself????? lol

Until tomorrow

8 comments:

  1. I love the way you analyse things, it kind of reminds me of myself.

    Steve

    ReplyDelete
  2. The staking and P&L has become very confusing after addition of the Strikeline service. Now you have everyday huge gains or losses, which do not mean anything because you are staking at minimum with the service. It kind of loses perspective.
    Isn't it better to adjust staking to your actual staking for all services? For example Strikeline to be at 0.1 or something like that.
    Otherwise the tables do not convey any realistic information.
    Absolutely nobody will have the same staking for a high strike rate service as for a very low strike rate service in his portfolio.
    That is why it is unrealistic the way you present it now.
    Just my opinion
    Bob

    ReplyDelete
  3. Hi Bob,

    Thanks for your feedback, and I understand where you're coming from. The reason why I choose to use a full point even though the stake is small is so I can properly gauge the performance of the service as if I were following it to real stakes. By jotting down stats such as longest/shortest winning/losing runs, average odds, highest/lowest odds, strike rates, etc. I can decide if it's the type of service I want to be following and if I do follow what the size of my betting bank will need to be and how many points it'll need to be divided into.

    I hope that all adds up, I understand that not everyone would do it my way.

    Kodagira

    ReplyDelete
  4. Hey Kodagira, lovely blog. I would like to contact you by email but cannot find it?

    Cheers,
    Liviu

    ReplyDelete
  5. Leave your email and I can contact you.

    Kodagira

    ReplyDelete
  6. livioopoker at gmail dot com

    Liviu

    ReplyDelete
  7. Hi Kodagira,

    Yes I understand. But yin this case you cannot call it a portfolio, can you?
    It is just a bunch of services unrelated to eachother.
    Anywa, it is a very good blog.Good luck.
    Bob

    ReplyDelete
  8. Hi Bob,

    The great thing about having non-related services is just that, that they're not related. Imagine if they were related and took a turn for the worse, that would put me in a real sticky situation... of course, they can still go on a bad run but by being non-related we can have a small buffer zone.

    What is your idea of a portfolio? The reason I ask is that there are 28 services as part of my group, or portfolio as I prefer to call it. If I were to refer to a group of clients I could call that a portfolio. And just like any busines clients will come and go. Mine is no different, tipster services will come and go so testing is an ongoing thing, it is absolutely necessary in this game...

    This business is so dynamic, that's what I love about it, but at the end of the day like any business we need to make money which is never easy.

    Anyway, thanks for your feedback.

    Kodagira

    ReplyDelete