I keep saying that I am going to start taking the small losses.
Today I put a bid in on the back side of the ladder, and before my hedge bet on the other side got taken the price drifted, I could have taken a 4 tick loss but no I left it and it went out a further 4 ticks.
At this moment I did not feel too happy because it stayed there for a while, it did come to within 2 ticks of my hedge bet, and went out again.
So I am sat there thinking how far I am going to let it go, I decided that if it got to a £10 loss I was getting out.
To see what was happening at the start I got the video up and they were still putting horses in, and the price started dropping and went past my bid just seconds before the race started.
Panic over and in profit.
Will I let this happen again, I probably will and then get mad at myself if it goes the wrong way.
Today I managed to get 7 out 7 good trades.
My Mentor Tony Hargraves