End of May Review

May has been a very intriguing month with two weeks of big profit including my biggest weekly profit of the year so far but also two losing months including last week's hefty loss. Like I said a good day on Monday just about summed up the volatile nature of my profit & loss. In danger of sounding like a broken record here but got to always emphasis it's the long-term picture that is important and not the short-term picture. Therefore I always guard these monthly update as a better guide to my performance than focusing too much on day-to-day or even week-to-week performance.

My profit figure for the month of May totalled £1,145.58, which is a pretty good result in my eyes. Especially since I've had three losing months on the bounce. Overall this means my cumulative loss has been dramatically reduced to under the £150 mark now. Always seemed like a bit of a dumb rule to me but it is said the first target in betting or trading, is to try and break-even first. Right now in the current position I would have actually been better off not placing a single bet this year, but it's probably best not to look at it like that. At least now I'm heading in the right direction, next target is simply to try and get back to break-even and then I'll take it from there.

My favourite song about the month of May to conclude the month with: