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Thursday, 13 August 2009

Five Minute Profits.

I checked out 5 trades today within the price ranges which 2 of these were successful guaranteed trades and 3 were low risk trades of which 2 actually won with one losing but clipping our lay in-play bet so only a commission loss on that one. £30.00 is low in terms of trading especially with such small price increments but we made a profit of £ 12.66 in total for 30 minutes work.
2 trades were matched up before the in-play markets and one was hanging unmatched for an uncomfortable period of time.

Daily profit: £ 12.66
Running total: £ 12.66
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3 comments:

  1. Good evening Jag.Could you kindly tell me if you used £30 in total to trade or £30 on each trade.Thanks.

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  2. Hello Ivor, It is a bit awkward to put an actual figure on it but with guaranteed trades for example to back the selection first at £30 requires a slightly higher amount for the lay bet so although the total risk in this case is £30 up until the point your lay bet gets matched in-play. On low risk trades.. i.e ones that have a strong chance of winning I am backing and laying at equal amounts of £30 with a small incremental difference as profit if winning and paying the commission on the successful lay bet if it loses. Generally my £30 for the back first lay later bet is essentially the risk prior to the full trade being completed so I use this as the figure.
    Hope this helps.. hard not be long winded about trading. JAG.

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  3. Good evening Jag.Thanks for the comprehensive explanation.

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