And there we have it. The 6 rounds of the experiment are done and the results are in as below
Overall a hugely beneficial and great learning experiment. I messed up in Round 4 and lost money / direction but that was a good thing as it cemented the lesson around sticking with the plan
A BIG REVELATION WHEN ANALYSING THE DATA FROM THE 771 TRADES PLACED:
Like all good traders should do, I spent today looking at the data from the 771 trades placed over the course of the experiment.
I almost literally fell off my seat when I categorised and analysed the data.
My MAIN TRADE was losing MONEY!
ALL the profits were coming from what I thought was my INSURANCE or back trade, which I placed after the main trade.
So for the last part of round 6 from Saturday 7th Dec to Sunday 8th Dec, I only traded the using my "insurance " with £10 stakes. And the result was .....+4 PTS in 2 days. Incredible stuff
SO what next?
So with the experiment done and the results analysed, I am looking to complete another rounds, (each lasting around a week and with circa 100 trades). I will be using just the insurance trade which is effectively now my strategy.
MINDSET REMAINS EVERYTHING. I stop trading when I have profit in the bank for the day.
1500 trade in total targeted:
If this is still working after 1500 trades, then there will be little doubt that this is no fluke and we are on to something with long-term potential.
Big shout out to the team at Goalprofits.com for building an incredible football trading research tool
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