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ROUND 6 DONE. +6 PTS over 147 trades - A BIG REVELATION

And there we have it. The 6 rounds of the experiment are done and the results are in as below


ree

Overall a hugely beneficial and great learning experiment. I messed up in Round 4 and lost money / direction but that was a good thing as it cemented the lesson around sticking with the plan


A BIG REVELATION WHEN ANALYSING THE DATA FROM THE 771 TRADES PLACED:



Like all good traders should do, I spent today looking at the data from the 771 trades placed over the course of the experiment.


I almost literally fell off my seat when I categorised and analysed the data.


  • My MAIN TRADE was losing MONEY!

  • ALL the profits were coming from what I thought was my INSURANCE or back trade, which I placed after the main trade.


So for the last part of round 6 from Saturday 7th Dec to Sunday 8th Dec, I only traded the using my "insurance " with £10 stakes. And the result was .....+4 PTS in 2 days. Incredible stuff


ree


SO what next?


So with the experiment done and the results analysed, I am looking to complete another rounds, (each lasting around a week and with circa 100 trades). I will be using just the insurance trade which is effectively now my strategy.


MINDSET REMAINS EVERYTHING. I stop trading when I have profit in the bank for the day.


1500 trade in total targeted:

If this is still working after 1500 trades, then there will be little doubt that this is no fluke and we are on to something with long-term potential.


Big shout out to the team at Goalprofits.com for building an incredible football trading research tool


 
 
 

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Trade Carefully is blog that focusses on using data-driven approaches to build the right mindset to have any chance of success long term. Sports Trading is an extremely difficult path to follow. It requires strict discipline, patience, and can result in losses.  

 

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