Hey Ho it's all swings and roundabouts but its just annoying!
So the first month of 2012 is over and things are in profit (which is an improvement on this time last year) but I'm just not making money. The final total ending up being £158 for the month. Simply not good enough.
Anyway here are the figures;
And the graph showing the volatility of the month;
So I know I said in my previous post I was wanting to strip further services out of my portfolio and at the moment I see my streamlined portfolio being;
The Football Analyst
This would mean stripping out;
* Steve Lewis Hamilton - serious problems with the service over the last 7 months and no great shakes since 2009. It feels like a gradual decline and while I'm delighted to see the exchange service doing well it sticks in the throat a bit. Subscription costs are obviously a factor. Still 50/50 on this one.
* Equine Main Account - there's a lot of talk of Equine Main having "run its course". Impossible to get on at odds, relatively poor performance over last couple of seasons and very high subscriptions against my low stakes make this one poor value for me. Similar situation to SLH here with heavy promotion of a new service while the flagship main account goes down the pan. Definitely stopping at end of this season.
* Equine Turnover - I suspect there will be changes to this service in the close season and that subs will probably go up or the turnover account will only run for the summer and not include A/W - this has already been suggested. Makes Turnover expensive if that is the case. We wait to see and again 50/50.
* Market Examiner - I like Market Examiner, it's cheap, the communication is 2nd to none and Sam comes across like a top bloke but the reality of it is that I haven't been able to make it work. I think my timing for joining was wrong - been a long good period and the inevitable losing run kicked in from the start of my subs. It feels like it'll take a while to make the money back and it might be time for me to cut my losses and run. I suspect I will run for another couple of months and see where that takes me.
Think I hold on for too long waiting for the big turnaround with some services and I pay a price for that - my dogged pursuit of Tipping Legends / Roger Green Racing being prime examples of that behaviour.
Anyway I've got a couple of other irons on the fire as well - one following JP's lays on a trial basis and the other working on a wee Forex system that I hope will bear some fruit. Additionally I've always talked about getting trading but that really has taken a back burner for now as I continue to get stuck in to my new job.