You are currently browsing the Life of Brian (Gambler/Trader) weblog archives for the day 28/10/2006.
28/10/2006 by ramps.
I have decided that I will keep the blog going but I am only going to post if a) I have appropriate time to do so and b) I am not going to mention the particular services I use. The reason for b is that you need to be in for the long run if you decide to select a system. You also need to come to own decesion on to why you have selected the system that you have.
As I have eluded to many times in this blog. I was very sceptical of paying for tipsters, software or information servives. I can honestly say and my account are detailed enough to prove this that every service I have subscribed to has made me a profit and continues to do so.
The next step of my evolution is determined which services provide sufficent Return of Investment to continue which and which don’t. Another determining factor in this though will be the "test of time". I have seen and designed many system that work brilliantly for a month, 3 months , even 2 years and then go wrong. I only buy racing systems to make profit i.e. yeild a return of investment and I don’t work for free either.
I do enjoy watching racing, cricket and soccer very much but if I have money on it then it will be because a system advises it and I will be in the long run expecting a return from that money.
Trading is something else I enjoy but only do this when I have sufficient time to do it. I tend to have a low risk strategy and rarely lose on any events. Namely looking for multiple quick scalps. Again my view on the outcome of the event will have been generated by statistics and the price of the selection will not in anyway affect my view. In fact even if I am watching an event it does not matter what happens it will not change my overall view of the situation. I have found this strategy extremely rewarding.
The question you may ask is why don’t I become full time straight away? I have many answers but the main reason is "if ain’t broke why fix it". Yes, I could make more money but could I cope with the isolation. As much as my job is frustrating the people are great. I enjoy their company and even if you think you are not learning you are.
The decorating is going well namely first coat is compelete. Thanks for reading my blog and please look for the long term.
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