You may think that I should ditch the each way backing as I can seem to back a placed horse let alone a winner right now but thinks will turn around.   When you back a horse at 20/1 each way and it retruns 9/1 SP then you know you are doing the right thing.   In addition if you backing horses >7/1 you also know that you will have long losing runs and that is exactly what I am having right now.

The difference between a succesful trader gambler and a unsuccessful one is often just a state of mind. I feel my state of mind is very good right now when it comes to horse racing.   You may think that this is temporary and mainly due to the fact that although I have had a few losing days of late I am still made a very good profit for the month.   I would counter this with the fact that I have done nothing difference throughout the month.   In fact I have had found some days quite teadous and bordering on boring.   For the first ever I really do feel like this is a job and a job that I have the right skills for and a job that I am going to be successful in.

There are many parts to this jobs.   Managing money, managing bookmaker and exchange accounts, time management (insuring that you are able to place bets and lays at the right time and in the right frame of mind).

One key thing that has made a difference for me is not to think about targets whether they be daily, monthly or yearly.   All I do is try to do the best with each of the systems I use.   I have full confidence in them esle I would not use them.

With the new month and year just around the corner I think everybody will be interested to see whether I can repeat December’s profit in January, February and the months to come.  Who knows and to be honest who really cares.  The thing is I am confident I am doing the right stuff.   I am really do think the Wilkinson system is truly fabulous system.  The challenge will be to maintain enough bookmakers account open to keep running it.

Profit for the day: -£322
Profit for the month: £12669.17