Time for change...

Some services will be coming out the portfolio, they are:
- HB - Herbie Fogg - 34 PTS loss - 3 months worth of results so far, that's enough for me, good luck to the service, I'm sure the bad results will be turned around very soon. My only regret is that I didn't jump ship a month ago.
- EWV - Each Way Value - 58 PTS loss - this service is simply not for me, will undoubtedly do well over the course of the year but the setup doesn't fit well with my day, and I'll need at least a year to claw back losses.

I haven't taken these decisions lightly, but I need to focus on two factors: what works for me and what I consider to be top quality services. Neural Bets is another service on the edge, at 26 PTS loss so far it's showing all the wrong signs, but as it's only the second month I'll let it run until the end of March or a 40 PT loss, whichever comes first. If performance improves it'll stay in the portfolio, if it doesn't it's out.

Here are the results from the past 4 days:

Tipster:	P/L Today:	Stakes:	ROI:	Net Profit
4PA	-1.50	3.00	-50%	95.75
BLB	-4.69	41.87	-11%	6.12
CL	0.10	2.00	5%	34.40
CNB	-2.00	2.00	-100%	-0.57
EI	8.15	3.75	217%	54.47
FB	7.75	18.00	43%	10.84
FE	2.36	2.00	118%	24.39
FES	0.00	0.00	N/A	3.94
FI	-6.99	20.00	-35%	21.57
GVE	0.10	3.00	3%	4.23
LB	0.00	0.00	N/A	3.02
MGB	-5.94	17.00	-35%	20.93
NB	-0.50	18.00	-3%	-26.28
NMP	-4.81	6.00	-80%	1.52
PB	-2.16	3.75	-57%	19.90
SK	-2.88	16.00	-18%	48.13
SKS	0.00	0.00	N/A	-2.88
STR	65.22	33.00	198%	88.00
TRAM	0.11	3.71	3%	-16.03
TRAS	0.00	0.00	N/A	-1.36
WRT	1.75	2.20	80%	8.35
AB	0.00	0.00	N/A	-2.27
MB	-4.00	4.00	-100%	-3.00
22L	-1.63	9.00	-18%	0.40
Active total:	56.54	159.41	8.38%	393.57
All-time total:		6500.28	5%	259.97

The Bettor Logic Bets took a pounding over the last few days, but it's to be expected. The probabilities involved give you an edge but they don't prevent losses. I remember one of the stats that came up over the weekend: Roma hadn't conceded first in 19 of their last 20 homr games, indicating a 95% chance of a winning bet... then Napoli went and scored first. As long as there are gradual winnings I'm not fussed.

You've probably seen the Strikeline winnings. I upped my stakes over the weekend so have made some extra profits. Equine Investments had a big winner coming in at 17.0, long overdue and I hope we don't give it all back. A service that has been really disappointing as of late is Northern Monkey Punter, at the end of December we were around the 14 PTS profit mark, now that has disappeared and we're standing at a profit of only 1.52 since subscribing.

I'm going to tell you about one of those moments that you need to let go of. Skeeve's Saturday bets all won, but I wasn't on any of them. For some reason the email got sucked into my Spam folder and as I was trading away in the afternoon I totally forgot about the email, by the time I realised and logged into my email account it was 4pm... so they won, but I didn't. This happened the other day too, with Northern Monkey Punter's emails but I realised just in time.


I'm currently doing that job description that I said I would do along with a business document that contains my mission statement, objectives, aims and a plan. This is so that I can stay focused and always look at ways in which I can improve myself as a trader and bettor. There is so much to learn, from May onwards my schedule will be changing thus giving me a lot more time to do all the research required to become a successful trader. Trading is all about probabilities, nothing more, and having the courage to ride the statistics out.

I could go on all night about the last 4 days but it would just be ranting about how well and not so well services have performed. My focus over the coming months will be to steadily decrease the number of services that I subscribe to, keeping the high quality ones.

Until tomorrow