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: 26/10/2011
Number Of Days: 56
Daily Amount Added: £1.00
Total Amount Added: £56.00
Number Of Transactions: 62
Profit Loss: £55.48
Current Bank Size: £111.48
The previous seven days have once again proved profitable, with an overall profit of £8.61, meaning overall bank growth of £15.61 (when the £1 a day that I add to bank is included).
The combined compound effect of adding the profits and daily £1 to the bank has pushed the bank past a target figure that has triggered a further increase in stakes. On the one hand the increased stakes can help to further compound the bank growth, if my current good fortune continues, or add to my losses if the approach hits a bad run of results (which will happen sooner or later).
Either way I am still very pleased with progress so far.
I hope that you have enjoyed this post.