It's been a few years since I was last on here. Back then I managed to make most of the basic mistakes that newbies tend to. However, I noted what did and did not work (and why!). I adjusted and re-tested and slowly but surely moved towards a successful investment strategy.
As part of the discipline I decided that from 2019 I would try and publish a daily record of progress. We shall see how that works.... Last time I was 'hounded' by 'nay-sayers' (probably with good cause on reflection). This time I will not be entering into any discussions until or unless I reach a profit of £100,000 (One Hundred Thousand GBP). That is starting at ZERO profit and making £100,000 clear of Commissions sometime in 2019. Should that target be reached, I think I will then have the right to simply ignore those who delight in pointing out where they think I am going wrong. In reality I am hoping that should I reach that target then people will start to pay attention rather than find fault.
The data I will publish on a daily basis will be (by most people's standards) rather limited to say the least! Initially it will be very basic - even to the point where some will claim it is 'useless', or 'meaningless', or even 'just made up!' The only point I will agree with is that in the early days the data won't be that helpful to you. It may well be 'interesting' - if it's true! - but it certainly won't be that helpful. But then in the early days I don't intend it to be. I will simply be laying down a level of performance (or non performance!) to establish a trend and an expectation of what is possible.
I should also stress that what I am doing (bear in mind the £100,000 GBP target) does not require a very large Opening Bank. As you will see in due course (and as I will prove) anyone starting with say £50 to £100 GBP could do the very same as I hope to to.
I will also, as I see fit, add a 'comment' or two on the day's investing (assuming that I have anything worth saying).
As time goes on more and more data will be added and eventually I may even publish 'key data' before the event. But that last point is not a given. Just to be absolutely clear ... in the early days, weeks and possibly months, data will be published after the event. And yes I am perfectly aware that for many that will be seen as being totally useless (to you!). However, if I achieve what I think I can achieve then the wait will definitely have been worth it.
Now, after that little preamble, let me lay down my Data for Day 1:
Data: DAY 1 Tuesday 1st January 2019:
| Today | Y-T-D | ||
| No. of Bets: | 5 | 5 | |
| Winning Bets: | 5 | 5 | |
| Losing Bets | 0 | 0 | |
| Strike Rate: | 100.00% | 100.00% | |
| Return on Bank: | 30.97% | 30.97% |
Comment:
There were 17 Bets on my initial Shortlist today. I would normally expect 4 or 5 of those to be removed for various reasons (Non Runners, Unfavourable Odds etc.). Today, as it was New Year's Day, I had promised my lovely wife that I would spend time with her. Hence my only taking up 5 Bets.
As I said .... the data at this stage does not tell you much (other than I had a very profitable day!).
Once again I wish you all a very Happy and Prosperous New Year!
Until tomorrow..... and Day 2