Sunday 20 November 2011

Distractions, Distractions

... How easy it is to lose money from distractions. I was scalping today, knocking up a decent bit of profit, had over £30 on the Millwall v Bristol City game... when it happened.

My wife came in with a cup of tea, a quick joke and a squeeze of her arse later, and I looked round to see a goal go in and landed myself with a red of £184! Aaarrgh!

These things drive me mad, because I keep allowing myself to be distracted when I have a position in the game. No excuse for it, no one else to blame but myself, but here it is, happening again. Ho hum.

The rest of the day, of course, was spent trying to regain my position before I sat down today. Take note though, I did NOT increase my stakes or move into markets or strategies that I don't normally do. That is the way to the poor house. Instead, I maintained my attitude and my discipline and just kept plodding on.

As you can see below, the Chelsea v Liverpool match was good to me. This is traditionally a low-scoring affair, so when Chelsea equalised, I went for a straight back of Under 3.5 goals at that point. A late goal was scored by Liverpool, which left the profit at around £35, but I felt that Liverpool could see the game out, and so let the bet ride. I realise this is in no way trading, but sometimes we all make value judgments. The Correct Score profit was normal scalping.

Overall, a £16 loss on the day, but with the start, I am more than happy with this. Feel exhausted now, but am happy :-)

Football Showing 1 - 7 of 7 markets
Market Start time Settled date Profit/loss (£)
Football / Chelsea v Liverpool : Over/Under 3.5 Goals 20-Nov-11 16:00 20-Nov-11 17:52 101.96
Football / Chelsea v Liverpool : Correct Score 20-Nov-11 16:00 20-Nov-11 17:52 34.41
Football / Stuttgart v Augsburg : Over/Under 2.5 goals 20-Nov-11 14:30 20-Nov-11 15:39 0.98
Football / Juventus v Palermo : Over/Under 2.5 goals 20-Nov-11 14:00 20-Nov-11 15:22 7.71
Football / Millwall v Bristol City : Over/Under 2.5 goals 20-Nov-11 13:15 20-Nov-11 14:38 -183.59
Football / Bologna v Cesena : Correct Score 20-Nov-11 11:30 20-Nov-11 13:26 7.60
Football / Bologna v Cesena : Match Odds 20-Nov-11 11:30 20-Nov-11 13:25 14.16

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