End of January Update/ Week#5

Well I said I was due to end January in slight profit but I managed to mess that up with some ill-advised horse racing trading (I'm sure I said I should stop doing that before). This time I really do mean it thought. I've decided to split my betting upto into clear groups now. Football Trading, Football Betting, Other Sports Betting & Other Sports Trading. £100 each for the football groups and £50 for the other sports groups/ Keeping a detailed record of all bets and trades and it should show where my best areas are, although I'm pretty sure already that it will be the football.

Ended the month down £130.36 and the week down £184.83. Not much else to say other than I really need to stop with these silly blips in discipline, it's a difficult job trying to slowly make your way into decent profits. That is always the dangerous thing with discipline, you could have months of good discipline but it takes just one bad moment and you could quite literally lose at the profits and hard work in a moment of madness. Afterwards is a case of what the hell was I thinking there. Hopefully my new staking plan in place with the different groups should help me in the regard.

Just when the weather is snowy and cold it is the exact time you realise why working from home would be such a good thing. No need to go out and freeze waiting for trains or sorting out your frozen up car.

For me though the focus well and truly slipped last week and for that I'm embarrassed. One bright note once again though is my poker, profit of $11.49 for the week. Wish I could play more poker, I am upto multi-tabling three tables at a time and do try and play for a few hours each day. Although at micro-stakes I'm never going to turn over massive amounts. A couple more weeks of decent profit in my SNGs and I think the time may have come to move upto the next stake level.