Tuesday 19 April 2011

New portfolio update

Happy to say that I'm fairly content with my new portfolio setup. I have adjusted my stakes as I was definitely over exposing myself to hefty losses. For higher turnover services such as Football Investor and Form Bet I have halved stakes. May seem a little over the top but as I've mentioned on here and on the SBC forum this is going to work, I'm going to make it work!

Here is the new portfolio, and results from Sunday to today:
  
Tipster: Todays P/L: Stakes: ROI: POINTS Total:
4PA 0.00 0.00 N/A 101.76
BLB -0.85 7.00 -12% -1.84
BLIP 0.00 0.00 N/A 4.42
CL 0.00 0.00 N/A 43.72
EI 0.00 0.00 N/A 62.02
FB 6.24 5.00 125% 6.16
FE 1.21 1.00 121% 20.77
FI 7.03 3.00 234% 36.44
MGB -1.00 1.00 -100% 19.06
PJAF 3.75 2.75 136% 18.83
SK 0.00 0.00 N/A 64.81
STR -16.00 26.00 -62% -15.50
SYS 8.94 61.00 15% -49.60
AB 0.00 0.00 N/A 0.87
MB 0.00 0.00 N/A -8.96
TRAM -0.78 2.55 -31% -15.17
TRAS 0.00 0.00 N/A -1.61
WIFLI 0.00 0.00 N/A -1.50
         
Today: 8.53 109.30 47.40%  
Active Tipsters Total:       284.68
All Tipsters Total:   9160.59 2.29% 26.98
Financial Totals: This month: -£3,048.82    
  This year: -£952.91    

It's a pity the Football Investor selections on Saturday couldn't hold on as Darlington did tonight and as Hamilton did yesterday. I think it was when Morecambe let slip their lead in the 90th minute that I finally decided to do something about all these losses. It is illogical to run a business that doesn't make a profit.

So far so good, two of the services I've removed have carried on making losses and the services I've decided to move forward with have done just that, gone forward. I haven't been backing Equine Investments' selections that they've been sending out and I think that has saved me a little money too. I'll be backing the selections again from the 30th of April when the service officially resumes from the early spring break.

The research is going well, just a drag bringing all the data together now. I'm pretty nifty with Excel but still, there is a hell of a lot of formulae to get down and that'll take time. Having found at least two profitable angles thus far it's just a question of time before I find some more. Once the formulae do their bit and any high probabilities start appearing that'll give me the green light to explore more areas for potential rollout next football season. There's always something to be optimistic about if you're looking to be optimistic.

That'll do for today...

Koda

2 comments:

  1. Seems to have been a month for making big decisions. Let's hope things improve from here.

    Best of luck, mate, both with the adjustments to the portfolio and with the exploration of your own angles.

    You know, you've got me doing it now, too! :-)

    Rowan

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  2. Hi Rowan,

    I still believe in the portfolio and diversification strategy but not to the point whereby I'm spending thousands on subscription fees and taking on tipsters who aren't proven over several years. I have literally drawn the line on what I will and won't be doing going forward.

    I have dropped some very good tipsters but I believe my updated strategy will only help moving forward. There's no chance that Football Elite, Football Investor and Equine Investments will be leaving my portfolio, at least for the next year anyway.

    Fingers x that my own strategies will work out, all looking positive thus far but still a lot to research. I see you haven't decided to implement any drastic changes. I for one think that if I don't make any drastic changes then at some point in the future I'll be back to where I am now. Time will tell if they're the right changes or not.

    Thanks for the encouragement, hope your changes all work out too!

    Koda

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