December finished strongly with a total profit of £1,621 made in the month making it the 2nd most profitable month of 2011. This brought my overall profit to £5,179 for the year. Whoopppeee you may say and quite rightly so, however taking subs into account left me with a negative £46 on the year.
So for all that work and effort and scramble I lost myself £46. Theoretically I should be banging my head against the table and wanting to throw the towel in after that but to be honest I'd say 2011 has been a fascinating year - even though I've been doing this for 3 plus years now I think I've really learnt more this year than any of the previous years and if this means I've only broken even then so be it.
What I can't let happen is for the same to happen in 2012 and that has got to be my clear intention. I'm not laying out an agenda or mission statement or whatever the phrase is but I've got to make a net profit or there really is no point in doing this (no matter how much I enjoy it).
Regular readers to my blog will know that I set myself a notional figure of £20 a day and I'm sticking to that as an aspirational goal but really all I would like is something that will pay for the holiday this year and some nice treats that we couldn't usually afford... Lets what and see what happens but I will set out some thoughts over the coming weeks as to how I address this.
Back to December - it was another great month for Systematic Betting with £1,168 profit made, also was delighted to see Piecost back in the game with £213 taken off the losses and hopefully this is the start of movement into profit. 4PA, Northern Monkey. The Football Analyst and Equine Turnover all providing good returns with Steve Lewis Hamilton propping up the rear with a small positive.
Dreadful month for Equine Main Account with not a single winner found in the month. While drawdowns are part of the game the performance of the main account has been woeful - especially considering the cost of the service. Poor also for Mr Gekko Bets and Market Examiner (on the prices I got). Headline rates for Market Examiner suggest a profit on the month but I was well down so need to find out where things are going wrong.
If anyone is interested in me reviewing any particular service from 2011 give me a shout and I'll provide some detail - otherwise I'll pull together some summary paragraphs on performance over the next few days.