Friday, 21 March 2008

Keeping Focused


Since Last Post P/L: £170.97
Monthly P/L: £116.95
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Don't ever underestimate the effect your personal circumstances can have on your profit & loss figure. From a trading perspective, March has until now has been an extremely disappointing month and it's only over the last few days that some evidence has appeared that I maybe on the road to recovery. I'm under no illusions that the arrival of Caden and all the additional responsibilities that go with having a baby are the reason I've been unsettled and in turn my mind hasn't been fully 'on the job' when switching on the computer. Don't get me wrong, I wouldn't swap him for the world but there's an important lesson to learn - events beyond our control can effect our mental state despite our best intentions and these changes can have a serious impact on how much money we can make.
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Here's my results since my last post:
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Golf
Arnold Palmer Invitational - Winner : £54.06
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Darts
Jenkins v Lewis : £43.77
Mardle v Barneveld : 53.87
Part v Manley : £19.27
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It's pleasing to see that Golf is starting to make a comeback to my portfolio. It's been a long time since I felt comfortable trading the sport and with Tourcast being discontinued I was sure that any edge I had may have disappeared.
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I've also spent a bit of time studying the Darts this week and last night was the first time of trialling the improved system with reduced stakes. The results were consistent but more importantly I felt confident in my 'call to actions'.
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9 comments:

Cassini said...

Mark - thanks for taking the time to leave a comment on my blog.

http://green-all-over.blogspot.com/

I have posted a link to yours and perhaps you would do the same. Good luck with your new baby. An event like that really puts betting into perspective. Take care.

Mark Iverson said...

Thanks Cassini - link added - good luck with the blog and I'll be following your progress with interest.

All the best,

Mark

tof said...

Hi mark,

Enjoy your blog and the others out there, started my own now (cheeky plug)
http://tradingonfootball.blogspot.com/

I'll link yours to mine.

Keeps up the terrific results

Mark Iverson said...

Hi TOF,

Good luck and I'll add a link to your blog today.

All the best,

Mark

tof said...

Thanks Mark

Anonymous said...

I traded the darts lastweek... layed low backed high made a few ££ any tips ideas or general thoughts with the premier league. I notice u changed ur trading ways coz u taken a few hits.

ty Gavin

Mark Iverson said...

Hi Gavin,

The premier league Drats is a very vol;atile market - great if you know what you're doign but not always great if you don't.

Study the game and try to understand when a player has an advantage - the scoreboard doesn't always reflect the true story.

All the best and good luck.

Mark

Joe said...

Good to see your bank heading in the right direction.

Congrats with the baby too!

Joe
www.fourthein.com

Mark Iverson said...

Thanks Joe,

March hasn't been an easy month on the trading front though!

All the best,

mark