Learned a valuable but expensive lesson about liquidity on Friday morning.
Viewing the Mens Doubles at the Aussie open I backed Huss/Hutchins against the two Poles when they were a set down. Despite the fact that they went on to win the 2nd set I couldn't get enough laid off and ended up with a £20 loss when the Poles won the final set. Lesson learned pay attention to the amount of money in the market before entering the fray.
I manged to claw this loss back and having taken last night off am still the £50 up on the Tennis this week.
Had a mixed couple of days on the horses after racing ahead on Friday following on from Thursdays profits I allowed myself to become distracted with some domestic issues and ended up with a couple of losses and slightly down on the day. Had a losing first race today but managed to turn it around with a more concerted effort that led to a small profit on the day.
Been trying a few new strategies which I'll blog about later.
Daniel Kahneman RIP
5 weeks ago
1 comment:
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