It's been an eventful four days running pre race trading strategies using automation within Fairbot.
I've a handful of methods I'm working through and begin adding to the Betfair Trading Guide starting later this month
I'm drilling down the best settings, and looking to pick the races that optimize results for these auto pilot trading strategies.
I begin by literally blanketing either the entire day, or periods of the day with each strategy.
Then assessing how they need tuning, and what trends are becoming obvious within the races, with a long list of factors to consider.
For the past week I've stuck with one trading method from the 27th Sept to 4th Oct, using the same trade strategy and just adding it to the day when I'm available with no selection process.
You can seen the results when I began running this version in my recent blog posts.
Blanketing the day is a useful technique to identify positives and negatives, helping me work toward something that gives me the edge I need to then share with my members.
I skipped Sunday and Monday's racing, as I do anyway most of the time in horse racing due it usually being sub standard, and resumed from Tuesday.
Looking at the weeks activity as I would approach it over the typical five day period, and as stated blanket trading without any skill involved in the selection method, we actually made a profit.
Could we have made more money applying some tuning to the strategy parameters within the bot, and looking at the specific races for trends to see what works more often than not, absolutely we could. The answer to this rhetorical question is a resounding yes.
The fact we had an edge without even bothering to apply more logic and precision is a real positive, creating a solid and encouraging foundation to say the least.
Did we have it all our own way and won every single day, no we did not, and in some instances lost much more than we needed if logic had been applied to the strategy. To summarize though, it's looking very promising but I've still a lot of work to do.
I do have one more days results to add to this, which is this evenings racing at Wolvs where I'm running another variation of the method as I write, with tighter parameters, and across selections that should respond better to the trade method.
A positive response to this slight change tonight, which ideally will continue to perform as it will be a very welcome addition to the trade guide.
Let's take a look at the recent results, and at the base of this post I've added screen shots for the days recorded below.
+492% Total Balance Growth
Start Bank £100.00 Prev Balance £588.92
No. Days Date P&L
51 2/10/18 -£1.62
52 3/10/18 -£18.00
53 4/10/18 +£10.77
54 5/10/18 +£11.82
New Total £591.89
From the 27th to the 4th Oct running the method detailed above, without a selection criteria in place, and trading on auto pilot, this particular approach to automated pre race trading made a whopping total of £23.15 profit.
The method deployed on the 5th Oct will require more usage to establish how robust it is, which I'll report in future posts asap. Which trade strategies I decide to lead with in the upcoming update is still undecided.
For the remainder of this week and up to the end of next, I'll be running some of these alternate versions and then assessing the data.
I'll report again asap in the next few days ideally, to let you know how things are progressing.
Members of my Betfair Trading Guide will receive these automated methods, full details of how to put them to good use, along with further stats demonstrating other options and ways they can be applied, with my suggested path for each.
What I mean is, for each automated trading method there will be options how you can apply it. I'll show you the current sweet spot, which may change as it develops, in fact I'd bank on it, but this will be the best working version at time of release backed up with my analysis and results. With accompanying screenshot examples and video content.
If you're not yet a member of the Betfair Trading Guide you can sign up here. It's a one off membership not a subscription, and you receive all future updates included.
Tonight I received a great email from a member, James if you're reading this it's about you sir. He's just starting with the trade guide in the current format and using method 1, closing out his three trades today to a profit following the instructions and tools in the guide.
I love to read this of course as this is the reason I produce such content, more than anything else in fact, otherwise I could just hold on to my strategies myself and never share a thing.
The point is, the information in the current guide is effective if put in to action. With the new additional content being included soon this will become a very useful Betfair trading tool for members who really want to make money this way.
This is just the start, as I stated when releasing the guide last year.
It's taken a while to get to this point with all the other plates I spin. The ongoing versions I've got scheduled will add further depth and detail.
Anyway, the Friday night match is already in the second half, so I'm off to finish my Guinness and enjoy the rest of the game.
If you've any questions, let me know and I'll get back to you asap. My email is, email@example.com
Here are the screen shots from the 2nd, 3rd, 4th, and 5th October:
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