|No. of Bets:||2||67||1607|
|Return on Bank:||0.22%||13.04%|
|Profit / Loss:||£106.60||£5,003.61||£48,562.27|
|Total Bets||Bets per Day*||Profit per Bet*||Daily Profit*||Weekly Profit*||Monthly Profit||Accumulative|
|October (Day 27 of 31)||67||2.48||£74.68||£185.32||£1,250.90||£5,003.61||£48,562.27|
* above denotes an average
I am now 300 days into this 'test'. A quick review may be in order - so here goes...
The negatives first. I expected to be over the £75K mark by now, so what happened? Well, two things actually. One was that I had not refined my 'method' as well as I thought I had. This has led to losses that could have been avoided. In my estimation this lack of refinement most probably 'cost' me about £5K over the 300 days. The second negative was/is that I had not factored in the drop-off of selections across the last three months! That came at a 'cost' of £20K or more (in my opinion).
Now the positive (note the singular). My method has been under constant refinement and one obvious result is plain to see - this month, so far, I have a 100% win rate. I don't for one moment expect that rate to continue. Sooner or later one of my selection will buck the trend. That's reality.
Looking ahead, there will come a time (hopefully in the next few weeks) when two factors should come together. There will be more selections that meet my criteria AND the odds on those selections will improve. Once that happens (and happen it will) I will start to make serious money. What do I mean by 'serious money'? At this level I would expect to be able to generate between £500 (on a bad day) and £1500 (on a good day). Finally, as my Bank grows, the effect of 'compound interest' will begin to have a noticeable effect and then it should really start to take off. I would anticipate that happy-state-of-affairs to begin to make an impact sometime in the Spring of next year.
New to this Blog?: May I suggest you read my 'Preamble' on DAY 1 of this Blog. It should answer most of your initial questions.
Until tomorrow ...