tag:blogger.com,1999:blog-4528393111359731672.post527666906779024741..comments2024-03-24T00:19:53.054+00:00Comments on Green All Over: ROICassinihttp://www.blogger.com/profile/05879449876804295094noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4528393111359731672.post-69813189525848963282010-06-18T12:07:50.596+01:002010-06-18T12:07:50.596+01:00I don't quite understand your reasoning on the...I don't quite understand your reasoning on the first point. 2.06 at 5% is effectively 2.01 so you have confirmed you are prepared to bet at no more than 0.5% value which doesn't sit comfortably with me. 2.01 is the equivalent of 49.8%. I don't see how you can expect to differentiate between a true 50% shot and a 49.8% shot although, personally, I do price markets to 0.5%s so may make something 49.5%.<br />Although not a trader, I'm not sure of the wisdom of being prepared to bet 10x the amount on what you are looking to trade compared to when you have a straight bet and are not looking not to trade. You'll often have to take a big hit, sometimes even the full £1k. And if you operate to small margins (like the 2.06 on 50%) your starting positions are, relatively, too large.<br /><br />(unless by punt, you just mean an interest bet in which case I have no real issue. But that's not how it read to me)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4528393111359731672.post-49823365737685499792010-06-18T08:34:29.963+01:002010-06-18T08:34:29.963+01:00For a few years I used to calculate ROI whilst I s...For a few years I used to calculate ROI whilst I still traded fulltime, now that I no longer do and returned to the world of work I also add an element of the cost of my time which I could be using for potentially better things.<br /><br />I used to calculate it as my maximum exposure at any one time. So if, using your numbers, I was trading with blocks of £1,000 then my investment would have been £1,000 although if I had taken 3 bites at the cherry before selling any back (or visa-versa) then it would have been £3,000.<br /><br />I did calculate ROT too which, again with your numbers, would have been 20 backs of £1,000 and 20 lays of £990 for a total turnover of £39,800. But I never considered this a particularly useful figure other than to look at the total turned over and massage my ego a little bit. It was however a simple number to obtain.<br /><br />The first one isn't an easy number to derive and does involve having to remember your trades which isn't always easy but was never too hard, especially if I had taken more than 5 or 6 unreplied stabs at a price.<br /><br />Enjoying the frequency of posts as of late, and fortunately quality doesn't seem to be substituted for quantity. Keep it up.Curlynoreply@blogger.comtag:blogger.com,1999:blog-4528393111359731672.post-5752681633206182862010-06-18T08:20:32.323+01:002010-06-18T08:20:32.323+01:00Hi Cassini,
I'd like to invite you and your ...Hi Cassini, <br /><br />I'd like to invite you and your readers to look at my horse race betting system that I started running recently. It differs from some systems in that it selects horses that are considered to be over priced, so it is useful for people who want to back to win or for traders also. The selections are posted live to my website http://thedailytipster.com and I report the results and progress on my blog http://thedailytipsterblog.wordpress.com <br /><br />I have put up links to your website on both of my sites. Would you mind putting up links to my sites on your blog?<br /><br />Any comments or suggestions would be welcome. I started the system at the start of the year and so far it has produced consistent profits of 10%.<br /><br />Thanks,<br />Andy.Andyhttp://thedailytipster.comnoreply@blogger.com