Whilst on my summer holiday I had plenty of time to think about my blog and the direction that I would like to take with it. I know it’s fairly popular and some people will not appreciate any changes made, but I believe that I should stick to my core mission for the blog of adding value for my readers and myself in our quest to become more professional in the art of sports speculation.
During the holiday I was catching up with some reading on the excellent Green All Over blog when I found this great post Reality Check where Cassini, the blogs author, discussed the near obsession that John O’Dwyer of the BETFAIR PROFIT & LOSS blog appears to have with the need to have a large bank to be profitable at trading on Betfair.
The post got me really thinking and reminded me of this post that I had written recently about my need to alter the bank size for my Portfolio Lite: I’m Not Happy; My Portfolio Lite Is Still Not 'Lite' Enough!
Well Cassini’s post help me to arrive at a decision, which is to start again from scratch with the Portfolio Lite with a drastically reduced bank size of £500. I will of course use the same set of tipsters to form my portfolio but with a different staking plan.
I will also set up a separate trading account that I will report the results for that will start with an initial bank of just £100.
Finally I will also add a new patient staking method that I will start with a bank of £1 (yes that’s right, I said £1) but will then add just £1 a day to that bank and seeing how profitable my patient staking method can become.
I will start all of the new initiatives in the early part of July and will use the days between now and then to add more detail about the changes that will be taking place on the blog.
I hope that you have enjoyed this post