Hi,
As promised I'll keep these updates informative, but conscise as I value your time.
The update for August and message for members is really quite simple, which is to keep the faith in the strategies, and to maintain your staking levels.
July was an excellent example of a month that was not straightforward, it had a lot of downturn and frustrating periods if looking at the daily betting, and not just the bigger picture.
Which I know from our conversations a lot of you follow the daily racing and automated bets placed, so when we hit a run of near misses or just outright poor form, it can be discouraging to see the balance drop.
However, the process shows we have not hit the highest recorded drawdown period, we are working within profit gained at the moment, which means the balance is still up, and most of all to highlight my point at the start of this post, we should trust in the process based on the data.
At the final few days of July a short run of wins recouped losses to finish the month in profit.
We will have periods like this where the balance gets tested, but over the long term, and when looking at the past twelve months betting, you can see it irons out, and keeps pushing the balance the right way.
The live bets to date tab on the result excel sheet also represents this very well, with a recorded +42.40 points profit up to the end of July for live betting, with 99 significant wins from the 299 bets placed, ensuring the balance is working within profit and not investment.
However, you can see a magnified snapshot of how such a period of betting can go over this time frame, which is a positive thing to be aware of.
When we expand out to the past twelve months, or even further, the line smoothes of course.
When starting a service such as Portolio Bet it can look like win after win if looking at it this way, and of course the results shown are impressive if accelerated to an at a glance representation of a longer betting period.
Which is why I advise from the start to set up correctly, ensure you have a sensible advised points investment, don't meddle or tinker with your staking, leave it steady over a good amount of time, a year is recommended, and assess the results over that timeframe.
If you're living for the daily or weekly ups, and sweating and stressing the daily or weekly losing periods, you may miss the bigger picture should you decide to quit during a dip. Which is what would have happened to you in July.
The bigger picture is in fact the reason you decided to join in the first place, when looking at the published three year results. The service is very capable of hitting this average profits conistently, while allowing for acceptable losing spells. As we all know can come in any order, which is the reason I advise such a high points investment to weather such betting periods.
Overall July ended positive, albeit not plain sailing, and I expect months like this as much as I expect losing month, and also expect absolutely incredible profitable months, to propel us to new profit highs.
Portfolio Bet continues to run its course over time. We are not looking to take on any new members right now, as maintaining the liquidity levels as they are for current members is an absolute priority.
The only thing I have to add today before I sign off, is to advise you check out Hedger Pro, which is free to join and use the data, plus one strategy builder option is included.
This platform is receiving a massive update in September, which I have helped the developer Nigel Dove work on as an active dev tester, and feature contributor to the platform.
With the new features to be added, it will allow you to create your own betting Portfolio's, and provide you with the bets throughout the race card each day.
It won't automate them just yet, that will come later this year, so you will need time in the day to follow the racing, but if you do have this time, Hedger Pro is well worth a look.
It's a fully featured platform with no restrictions for free members, other than limiting the number of betting systems you can create to just one, instead of limitelss with a paid package, this is very much worthy of your time in my opinion now the September update is confirmed.
I will be covering it extensively when the new features are fully integrated into the developer version, and be adding content to demonstrate to everyone how you can create winning strategies, and run these daily to create an income, and/or build a long term investment.
Eventually I would like to move Portfolio Bet over to Hedger Pro at some point in the future, so I have access to the filters, and to add more to it we can all benefit from, but for now as a platform that is packed with data and research features, if you're interested in strategy creation, take a look at Hedger Pro free version.
That's it from me for now. Any questions, please get in touch anytime.
Thanks
Ryan
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