TheSnapper

    Current Bank
TheSnapper    $1 577,99
Etoro            $600,00
Reserves    $1 444,86
Total Funds    $3 622,85
   
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The Etoro lads pushed over $600 briefly yesterday for the first time. This is a 20% profit for the first 3 weeks, which has worked out at just under 1% compounding each day. I am enthuisiastic about the prospects for explosive compounding because of the great structure of Etoro. Each trader you copy is given a share of your bank. Any profits or losses they make are accumulated in that part of your bank. This, in effect, allows their profits to be compounded. More importantly, it also prevents a rogue trader with runaway losses from destroying your bank (a lesson that HSBC, BNP and Berings have learned the hard way!)
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The horse laying also was in profit yesterday...$16.07 for 11 races.
The Stats are now as follows:

Total Races
371
Gross Profit
$316,38

So, the profits are building...now almost up to $1 per race. And that's the key...a small edge which you can grind out a regular profit from after commission. It can be trading, straight betting or bookmaking...it doesn't matter. What matters is the staking plan you have and re-investing your profits into higher stakes...and not BLOWING UP.