There's good news and bad news.
Bad news first for me always better to get it out of the way. So the bank was decimated 2 reasons for this about a month ago I think it was at Lingfield the racing got delayed and unfortunately screwed up our staking method. The other reason was down to our bot unfortunately it didn't implement our stop loss.
Therefore I took the measure of topping up the account something I didn't want to do but I have so as of the 22nd March we were at £30.
The good news is after this top up we have been flying and I plan to take out the top up at a later date to stick to the challenge.
So whats changed?
Well I've decided to drop the staking, I've kept the strategy of laying favourites but just removing the staking it just caused us to lose too much even with a safety measures in place.
Statement from 23rd March
It would be even better apart from the fact we've had a terrible two days on the horses were we've lost about £9.
However we are still £10 over target now so things have been racing along and that's due to two things.
One - We've tighten up our systems so we have a much steadier stream of profit
Two - We've quite simply hit a hot streak with most of our strategies
As the bank stands we have £60.56 in it and the target amount should be £52.39 so all going well at the moment.
Cheers
Simon
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