Apologies again for the late post, but I’ve been up the wall lately. Week 8 relates to the dates 21st – 27th January inclusive. Another disappointing week with a massive £243 loss. Here’s a small selection of some of the trades that went down this week:

This has been my worst week of the season so far. It’s not very good viewing, and in all honesty it has absolutely peeved me right off. I can handle the on-off nature of winning and losing, but the losing just seemed a bit ‘off’ to me. It seemed a bit too one sided. I expect losses, it’s part of the game, but it just seemed to be loss after loss after loss. So I decided to do a bit of digging…

…it turns out, that if you do come across a bit of a losing streak, you should accept that losing is part of the game. You shouldn’t beat yourself up just because you’re experiencing a 2-week losing streak. Because, if you’ve done your research thoroughly and you trust your system, things should turnaround and you’ll be posting a profit in line with your expectations. But when you do encounter a particularly lengthy losing streak, you should occasionally check your system to ensure that everything is correct and working as expected. Because here’s the kicker…it turns out that part of my system had an error in it, and I’ve been trading wrongly selected correct scores for a good portion of the season!!! Now this may seem a bit weird, but I was actually happy that this was discovered. I wasn’t angry or annoyed, I was just happy that I had found an issue that explained why I was on such a losing streak! I was adamant that my luck would turn around, and I was getting very frustrated, but finding this error made me very relieved. It means that I could trust my system again, and I wasn’t going mad. Yes I’ve lost a lot of money, but hopefully it’s not too late in the season to try and recoup this and end the season in the green. Anyway, here’s how this loss compares to my other trading weeks this season:

Well, week 8’s trading has brought my current losses to £604.34, which I thought might have been my highest deficit ever since I’ve been trading, but it wasn’t. Week 22 of last season’s trading saw me experience a running loss of £864. So I’ve still got a fair way to go to beat that. Hopefully with me rectifying my issues that won’t be happening any time soon.

Well that’s it for me for week 8’s trading. I’ll hopefully post a blog on week 9’s results tonight or tomorrow night. And as a teaser I’ve got some good news…I think I might be posting a green result! Good luck if you’re trading the FA Cup this weekend. And if you are trading, then may the Lord be with you…always!