21/02/11-25/02/11

P&L for 21/02/11-25/02/11

Football : -314.32
Tennis : 214.06

P&L since last post : -100.26

It's so much worse than it seems.

Football.

33 markets. 3 reds totalling £780.97. I took a normal sized red on Monday. Nothing major, nothing I couldn't easily recover during the rest of the week. For some reason I went daft in the head and began big stake trading to recover it quicker and took a half bank loss that night as well. This should have sobered me up but the chasing continued on Tuesday and I made a big chunk of it up before taking another half bank loss. At this point I'd lost something like 65% of my bank. My meltdown went nuclear and the tennis came in to the picture. Mucho full and half bank trading/gambling made up the rest of the week.

Tennis.

9 matches. No reds. Despite a LOT of full and half bank staking the tennis was kind to me and luck carried the day. There were some nervous points, chief among then when Jankovic began her usual injury theatrics and the market began to panic.

So no one of my finest weeks. Once again I think I got target fixated with me being so close to a 4 figure bank. When that first red came in so early in the week it overcame my common sense. Instead of thinking 'plenty of time, nothing out of the ordinary' I began to think 'MUST MAKE BACK NOW!!!'. Ridiculous. I'm under no illusions that the only reason I still have a bank, and I'm not having to redeposit right now, is sheer luck.
Now comes the hard part. Like any junkie that had his fix I have to now try to reassert some form of discipline and patience. Return to my standard staking plan and not chase any reds that come. Also leave the tennis alone. I'll never get anywhere if I keep doing things like this.

Keep it green everybody.