After completing the returns for November it became apparent that it would be hard to be disappointed with our performance in 2012 regardless of what December throws at us. Even with the disappointment of October still fresh in the memory, December would have to disappointing in epic proportions for subscribers not to be raising glasses and rubbing hands together in anticipation of 2013.
Perhaps you would need to understand more than I am prepared to divulge when sharing the following data, but as further endorsement to my preaching NOT to chase a strike rate in favour of profit, perhaps the penny will drop for those that question this philosophy.
2010 can be seen as largely irrelevant due to being the starting point in capturing data in this way and is not complete as a year, but there is no doubt that the dramatic increase in profit when comparing 2011 to 2012 coupled with the decrease in strike rate is no coincidence. Neither is it by design!
Each of The Actuary methodical process is dynamic in its selection process and is designed to find value. I will leave to your imagination as to where the greater value can be found.
As poor timed as Octobers loss was given my wish to promote the service at the start of the All Weather season, I can only feel that our profit and loss will always be dependent on the opportunities that present themselves on a daily, weekly or monthly basis. October was simply a period where those opportunities didn't fall our way.
I can understand why so many subscribers become uncomfortable with extended losing periods such as that suffered in October and it is well worth looking at the graph above to see how quickly those losses are retrieved. This is where the correct staking and holding a betting bank is key, and to put this in to some perspective for you I recall 6 years ago I was betting at £1 per point!
Perhaps you would need to understand more than I am prepared to divulge when sharing the following data, but as further endorsement to my preaching NOT to chase a strike rate in favour of profit, perhaps the penny will drop for those that question this philosophy.
2010 can be seen as largely irrelevant due to being the starting point in capturing data in this way and is not complete as a year, but there is no doubt that the dramatic increase in profit when comparing 2011 to 2012 coupled with the decrease in strike rate is no coincidence. Neither is it by design!
Each of The Actuary methodical process is dynamic in its selection process and is designed to find value. I will leave to your imagination as to where the greater value can be found.
As poor timed as Octobers loss was given my wish to promote the service at the start of the All Weather season, I can only feel that our profit and loss will always be dependent on the opportunities that present themselves on a daily, weekly or monthly basis. October was simply a period where those opportunities didn't fall our way.
I can understand why so many subscribers become uncomfortable with extended losing periods such as that suffered in October and it is well worth looking at the graph above to see how quickly those losses are retrieved. This is where the correct staking and holding a betting bank is key, and to put this in to some perspective for you I recall 6 years ago I was betting at £1 per point!
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