Week 15

On intial impressions of the week I thought I'd done okay I recall a few decent priced winners and even my two football bets came in for a change. But after updating my weekly records I come to the conclusion that I incurred a loss of £174.04 this week, which actually means I'm back operating at a loss for the month April (of course not helped by the "incident" last week).

Just proves the worth of keeping records really, had I not kept any I'd probably have left the week feeling like I made a profit when I clearly haven't. Overall my horse racing system seem to be going reasonable, there's only one system that is causing me a little bit of concern at present and I'm considering reducing stakes on that one if it doesn't improve.

Been reading a book all this week on investment, it is aimed at the stock market investor but it provides good advice that can be applied to the world of gambling which is of course remarkably similiar to that of the stock market especially if you look at Betfair. On the subject of Betfair a good profit for the week there in my recovery stage still though. Reading the book as helped me get a little more focused and learnt me a few good mental habits to get into. I'll post up more about the aforementioned book in my midweekly post. But to summarise a losing week I'm not overally concerned. I've learnt to accept losses and move onwards and upwards, something a certain Mr Wenger doesn't seem to be able do.