ha ha ... suckers!

[lcredd]

...I let it go in play ... instead of taking an £8 loss

... total liability on the horse ... £500+

he was at 14 ... then 9.2 ... then 3.4

red up for -£122.50


d'oh d'oh d'oh ! ! !


a costly reminder to never ever ever ever let it go in play.

NEVER !

:Arragh

[AnyGreenIsGood]

Been there, done that! So easy to be sure you will get out in running and maybe even more so in your mind, when horse is a bit of an outsider.

My even bigger weakness is when you have taken a hit to your bank like this. You start doing more risky things, with a view of getting it all back quicker than you would be just trading away at it. I now switch off after a loss. (well that's the plan anyway )

[lcredd]

i cashed out into moneybookers after, so my money was tied up for 12 hours. it was the only good decision I made that day.

the horse didn't go onto win that race, not that it really matters.

[EugeneRobertGlazer]

Or you trade pre-race or you trade in-play. You cannot combine, because pre-race, you would get few ticks, but once in-play you lose everything. When you regret about 8 pounds, you just think that it's better than -80 and better than -122.50. I could be more convincing, but I don't speak English.

[lcredd]

you're right.
I've never been successful trading in-play, but make consistent profits pre-race, and combining them is always a bad risk/reward ratio.
That loss has set me back a good few weeks. It was an accident waiting to happen though, as I had gotten away with it a few times recently, a clear sign of lack of discipline.

I'll hedge before the off from now on, without fail ... or the wife will kill me