Wednesday, 1 July 2009

Profit & Loss

The month of June was a bitter disappointment as far as the account is concerned.
A 25.45 point loss for the month showed I had it wrong with the staking on a couple of occasions.
One winner @ 14/1 and another @ 8/1 only advised at 1/2 point win on each would have accounted for another 11 points to the good if played to 1 point.
Another played to 1/2 point E/W on selection Sir Edwin Landseer @ 25/1 would have meant only a minor deficit for the month if played to full points.
The 1 point E/W on Esteem Machine @ 33/1 was the correct call for the selection, and but for the worst luck in running would have been a good Profit Guaranteed for the month.

A few which have been advised which I have considered to be lurking on a competitive mark have won since we backed them (Red Cape twice) or been placed at big prices (Fyodorovitch @ 66/1) being one, so I consider the analysis not too far away even though we may have been on a couple of them too soon.

No good to dwell on what might have been as it didn't happen but lessons have been taken on board and I will have to put them to good use to continue to NoseAhead!

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