Tips for horse racing - racing tipster reveals his portfolio system method
Following the systems you should not rely on the one golden goose. It is much better for the treatment of systems such as horse racing to copy trading on the stock market to maintain a portfolio of various systems.
It will take time to develop a good portfolio, but a good place to start is with your own methods and systems. If you can read the form, and understand the concept of value, you can develop your own methods for making a good selection
When creating your portfolio, you should spend some time testing different systems and strategies to find those who make profits. You are looking for about 10-12 different methods.
After you have paper traded a racing system, then test the method for at least three months to prove its profitability. This means you should follow a method or a system of informants or three months to see if, in theory, would have made a profit.
When you are satisfied with the performance of a particular method then continue to make it a place in your portfolio and start trading real money.
The reason for this portfolio approach is to imitate what many brokers have done for many years in the city, which essentially limits the risk.
We have seen all systems operating successfully then pass a malfunction, and this approach is designed to accommodate a system or systems that are going through a difficult spell loser - other systems then balance most of the results.
This is ideal if you want a smoother ride with your bets and do not want too big ups and downs.
Portfolio management should provide players with the smoother ride losing run shorter.