Des911 wrote:It doesn't exclude evening racing, it's simply that my profit has been made before it starts. Is there something wrong with making a profit??
I'm not saying anythings wrong, we all have our methods and if your happy then stick to it. I just find others view on these type of things interesting
I have thought of perhaps a better way to explain what I think is happening when stop at profit is used.
Say you are able to look back over a full years worth of POTENTIAL selections from a defined system
If you had say 10,000 bets and your results show you have a 90% strike rate across all 10,000 then if you stop at profit you won't actually bet on all 10,000. It could look something like:
1. 8,000 bets actually placed
2. 2,000 bets not placed due to target profit being met for day
The strike rate for both 1. & 2. should still be close to 90% as they are subsets of the larger sample (if it's not then there should be factors for improving the system)
Over the full year, stopping at profit should give you the same % strike rate but your overall profit will be less as your betting in less markets. Things may not always seem like this due to the daily swings and variations but it sould even out over time
