Well, well, well. It turns out that having a word with the big man upstairs could benefit your sports trading game after all! I’m happy to say that Week 19 has been my most profitable week all season. Winning £234 was a very welcome tonic coming off the back of a three week losing streak! It really does go to show, that you just need to stick with it and keep going as you never know what’s around the corner. Here’s a snapshot of how my highest profit this season was achieved:

As you can see, there were a few big wins in there that helped achieve the £234 total. These big wins more than offset a few losses, and it’s great when they come in. Plenty of times this season I’ve been staring at a losing week on the Saturday night, only to get a few good profitable trades on the Sunday and Monday that turns it all around. In between these two events occurring, you’ve just got to make sure you’re not negatively effected, and you stick to your planned trades on the Sunday and Monday. It’s difficult to do, but necessary if you’re to make it as a sports trader.

Here’s how my biggest winning week of the season compares to previous weeks, and how my journey is going so far:

As you already know, this week was my most profitable week, almost £12 more than my previous most profitable week (which happened in my first trading week this season). Aside from these two weeks (Week 19 and Week 1), my profitable weeks haven’t gone any where near the £200+ mark, which is something that needs to be looked at going forward. I’ve already had a few thought on how to do this. When I have been following my trades, I have noticed that there were a few times when I could have come out of the trade for a decent profit. Yes, not quite the profit that I would have had if I just left the trades to run a bit longer, but also, not a total loss of my stakes. So I have been thinking of possibly doubling my trading stakes, but trading out half once a good profit has been achieved and letting the rest of the trading money run. It’s something I’m going to ponder and have a look at over the Summer anyway.

My journey so far has been quite eventful. There’s an awfully long downward spiral in the first 8 weeks (when I experienced the issue with my spreadsheet), but since then there’s been a few periods of ups and downs. Obviously I’d like to see a more stable upward leaning graph, as that would mean things were going well. But with a few weeks of losses, and a few weeks of profits, there isn’t too much to get excited about. I’d like to say the losses are down to randomness, but you should probably only get a few instances of losses if you’ve got a good robust trading system, rather than seeing periods of losses lasting a couple of weeks or more. So with this is mind, this is something else that I’ll be looking at over the Summer.

Right, that’s probably it from me tonight. Fingers crossed I will have another highly profitable week. So, I’ll sign off and wish you all the best of luck over the next trading week. And as ever always – may the Lord be with you. Always!