Horse Racing Systems – How to Set Up a Racing Portfolio

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Use the information you already have yourself. An easy way to do this is to write as much of it down into sections and work out how you can incorporate your methods with other horse racing systems. Using this method will also help you identify your weaknesses.

Once you have done this look around for horse racing systems that match your knowledge base. Always choose systems that you will connect with, even if you do not fully understand them you need to know that with a little bit of research you will be able to use them.

Set up your systems for analyzing your data. These can be either computer or paper based. Pick whatever is easiest for you. Take your time doing this as the information you will get from these will be invaluable. You will find over time that any flaws in your monitoring will become noticeable and you will be able to tweak it.

You need to incorporate the following sections in your system. Profit and Loss. Strongest and Weakest Systems. Accuracy of horse racing tips received. In fact as you go along you will add many more sections that, at a glance, will enable you to maximize the returns on your investments.

Enter all information and results as you go along. Do not leave it until you can not remember why you did what or why. That's like leaving your VAT return for too long or not keeping correct business records.

I am extremely disciplined about this part of managing my portfolio. I set aside a certain amount of time each day to record and monitor. If you do not do this you will fail.

Remember if you do research and analyze horse racing systems do work. You need to put in the effort and time.



Source by David Oneil

 

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