For anyone reading this post and wondering what my £1 A Day Patient Staking Approach is all about click here: £1 A Day Patient Staking Approach
Here’s an up to date breakdown of the results so far
Start Date: 01/09/2011
Todays Date: 28/09/2011
Number of Days: 28
Daily Amount Added: £1.00
Total Amount Added: £28.00
Number of Transactions: 26
Profit Loss: £12.95
Current Bank Size: £40.95
The previous seven days have produced a healthy profit and with the betting bank now at over £40, the staking will take another incremental step upwards, which should help to compound any profits that I make. Of course with the slightly higher stakes there is also the risk of slightly bigger losses if a bad run occurs.
I am sure though that with a combination of the edge that I know I have, and the staking plan that I have spent a lot of time on so as to tailor it to my own psychology, there is only one direction that my bank will be heading over the medium to long term, I will leave you to work out which way that will be!
I am also pleased that the amount of time I spend implementing my approach is minimal (approximately 30 minutes a day total) and I cannot foresee the time taken increasing significantly, even when my bank and stakes increase to far greater sizes than they are now.
I am not saying that I am only putting in about 30 minutes a day total for all my activities, but I am only spending that time implementing my approach, any other time that I spend is on doing research to see if I can find further edges that can be incorporated into my approach over time.
I hope that you have enjoyed this post.