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How we made £20k in 214 days with the Winter League HDAFU Tables


Summary

Looks good so far, doesn’t it?

But now it’s time for a stern reality check.

Looking objectively at the results it is clear to see the extent to which the portfolio underperformed:

    • Hit Rate

      At face value, the actual hit rate of 37.31% does not seem far adrift of the average hit rate mooted for the portfolio, which was 38.87%. However, the reality of this small difference is 28.5 fewer winning bets: 1,828 bets @ 38.87% hit rate = 710.5 winners versus the actual number of 682 winning bets.

      The financial effects can be fairly estimated using a control, the most appropriate of which, is the harmonic mean odds. These were recorded at 2.98. (See Chrono tab, cell L1838).

      28.5 winning bets all at odds of 2.98 would have equated to an additional profit of £5,643 (28.5 x 198), which in turn would have pushed the total profit for the portfolio to a figure of £25,246.

      So, due to just a small hit rate deviation (1.56%), our actual profit figure of £19,603 was only 77.6% of the notional £25,246.

      The small difference is therefore not so small at all: likely, it deprived us of more than a fifth (22.4%) of what should have been ours.

    • Accumulative Ratios: Winning & Losing Streaks

      In the Summary tab, you will find the benchmark for the winning and losing streaks in columns P and Q, whilst the results are in Y and Z. The accumulative highs recorded for 2011-16 were 134 for the winning streaks and 260 for the losing streaks. These figures represent the sum of the highest values experienced in each system over five full seasons.

      Albeit not scientific, this does allow us to produce a ratio, which we have called the win-to-lose ratio.

      The win-to-lose ratio provides us with a notional measure only of the power and accumulative effects of the losing streaks over the winning streaks.

      Although in 2016-17, the damage caused by the losing streaks was less than the worst case scenario (215 vs. 260 = 82.69%), the power of the winning streaks to counter was also reduced (85 vs. 134 = 63.43%).

      The maximum losing streaks were therefore less than 18% away from being at their predicted worst, whilst the winning streaks were over 36% away from being at their best.

      The net effect was that the balance tipped further towards the losing streaks as they increased their ‘detrimental effect’ from 65.99% in the cold analysis (Summary tab cell Q40) to 71.67% in the field (cell Z40).

      Although the numbers arguably mean nothing, they do allow us to feel how the portfolio was under more stress than had been expected. The maximum winning streaks were down further than the maximum losing streaks, and therefore the overall balance of power held by the losing streaks increased and caused more damage than anticipated.

    • Reduced Yield

      The combination of the two factors above had a detrimental effect on yield, which at 10.72%, was less than the 12.17% profited by the smaller 2016 Summer League programme (only 825 bets = 45% of the size of the Winter League Campaign).

    • Zero Odds Increase

      In the Summary tab, cells L1839-40 show that the break-even odds for the portfolio increased from 2.57 expected, to 2.68 actual, another sign that the portfolio performed worse than anticipated.

  • Despite all of these failings, the bottom line was that this portfolio still made almost £20,000
  • Add the concurrent Summer League Campaign results, and the total is just shy of £30,000
  • Factor in a similar increase suggested by our ratchet and stop-loss staking plan, and the total becomes a few pounds over £42,000
  • And all with relatively small stakes…

 

Final Words

This campaign has proved once again that profit size is directly influenced by both portfolio size and staking plan.

In simple terms, the larger the number of targeted value bets, the bigger the profits.

Even at a relatively modest yield of 10.72%, the higher number of bets (turnover) created almost double the profits of the 2016 Summer League Campaign, which finished with a higher yield of 12.17%.

The Summer League Campaign was therefore more efficient in converting turnover to profits, whilst the Winter League Campaign was more of a brute-force success, relying on the sheer numbers of bets.

Portfolio size is therefore a huge part of successful betting: the bookmaker business model is based around this very fact.

The 2016-17 analysis suggested a final profit figure of anywhere between £1,361 and £39,280. (Summary tab cells L35 & M35). At £19,603, it finished not far away from the equidistant point of £20,320.

The 2016 Summer League analysis suggested a profit of somewhere between £1,338 and £20,257. At £10,038, it was again not far from the equidistant point of £10,797.

If you are new to staking plans, hopefully the stake ratchet and stop-loss simulation will introduce new ways of tactical thinking and effective money management in a betting arena.

Money begets money, and it is a no-brainer to raise the ante with incremental ratchets in order to increase turnover. In any line of business, larger turnover means larger profits. The ratchet focuses on working the profits already banked in order to inflate the bottom line.

By contrast, the stop-loss mechanism is a ratchet in reverse, and acts like a tourniquet to stem a tide of losses. It prevents your bank (and your confidence) from being pummelled by the full effects of any bad run of results you may encounter.

Use a ratchet mechanism for adventure, and a stop-loss provision for insurance. Hoist up the stakes when all is fair and good, and don’t be afraid to haul them back in again during a storm.

Plan out the whole campaign, stay in control of it, and don’t waiver from the plan unless you’ve won more than is satisfactory…

…There is never any shame in quitting whilst ahead.

And talking of quitting, this will perhaps be the last review of a portfolio campaign we do for a while.

We are so sorry, but they are just so time-consuming to prepare and publish (apologies to all of you who have been let down by the continually postponed publication date of this article in the last three weeks). And besides, we think we have already done enough to explain how to compile a portfolio and how to run one.

We have now written one review of a Summer League Campaign, and this one for a Winter League Campaign. Together, both reports should provide you with the tools to go off and do this for yourself. And besides, we feel that any future reviews would end up repeating a lot of what we have already reported. Just think of it as the law of diminishing returns in action…

Oh, and one last thing of great importance. Please do not use old analyses like this one, or out of date HDAFU tables, to base your bets upon in a future season. Everything has to be recalibrated at the end of a season, and things definitely do change according to the revised pool of historical statistics. Either the inflection points of a bet type will radically alter, or the bet type itself will become redundant to a better alternative.

And here’s another opportunity to obtain the 2016-17 Campaign Excel workbook:

>>> 2016-17 winter league campaign <<<


Last Update: 2 August 2017

Categories:1x2 Betting Betting Advice Betting Systems Case Studies



223 Responses to “How we made £20k in 214 days with the Winter League HDAFU Tables”

  1. Right Winger
    12 February 2018 at 4:11 pm #

    Dear all,

    I have seen so many of you experiencing different runs of fortune this season; many of you communicate with me via private mail and many of you post your experiences on the blog. Firstly, therefore, thank you for even bothering with our website. We are always very humbled by the support.

    Although I can’t share anyone’s individual paths, what I can say is that the raft of results vary from exceptional (several better than our own) all the way through to pretty disastrous.

    This range of results is of course down to the following facts:

    1) No two portfolios are exactly the same
    2) Bet selection criteria may differ from person to person during the ante post period
    3) Each person will certainly have different bookmakers at his/her disposal
    4) Bets will be placed at different times and/or at different odds

    In addition to these fundamental differences there are many more variables such as missed bet opportunities, lack of consistency with the timings of bets, and personal traits such as greed in waiting for higher prices to appear before committing to the bet, or even hesitancy in not being confident enough to place the bets because ‘common sense’ dictates otherwise.

    Whatever the differences between you all, whilst it is nice to encourage each other when things are going well and commiserate when things are failing, please all be aware that you are indeed all different. When you begin to compare results with each other, please, please always have in the back of your mind that your are effectively comparing apples with pears, and don’t draw too many conclusions from someone else’s experiences.

    Your results and, more importantly, how you come by them, will bear little resemblance to each other. This is important to remember, and appreciating this fact will go a long way to understanding that ‘herd mentality’ is exactly what the bookmakers thrive on.

    I do feel genuinely very sorry and remorseful for those who have bad weeks, and happy (and sometimes even justified!) when reports are received of roaring successes. And like a standard distribution curve, we receive equal numbers of both.

    Personally speaking, we have been using this systematic betting approach for several years in both full-term market and in-play trading scenarios.

    The three most important elements are:

    a) Size matters! The larger portfolio the better.
    b) Portfolio balance matters! A balanced range of bets from low-low/medium-medium-medium/high-high is essential.
    c) Bank roll management is crucial. protect what you have and speculate when you can.

    Perfecting the other necessary cosmetic details such as identifying bet placements, persevering through crises, monitoring results, checking everything, adjusting attitudes, and so on, is a very personal thing. I can tell you that what works for one will be unpalatable to another. You must find your own balances here.

    And lastly, there are two types of mistakes: good mistakes (lucky wins), and bad mistakes (uneducated losses). But you must always be in a position to recognise mistakes (whether good or bad) as mistakes whenever you make them. Write them down. Post them in front of your screen. And try very hard not to repeat them.

    I hope this helps.

  2. Simon
    12 February 2018 at 1:58 pm #

    Hi guys,

    Quick update on my paper testing of the remainder of my campaign. The 2nd half systems have had a few rounds to get going, and with the results in, to date the overall picture for the entire campaign is as follows:

    Total profit based on £100 stakes = £2414.90 (Which is 24.14 points of profit)
    Overall hit rate is 36.05%. Expected is 44%
    Yield = 2.74%. Expected is 26.43%

    So as it stands, even though the performance is below the average of the last 5 seasons, the whole thing is in profit.

    I regret not sticking with this and carrying on placing bets, as if I had done so, I would have recouped losses and got back in profit. Live and learn as they say.

    Still, a lot can happen, this season from now until the end. But I just wanted to report the period of success and to say that long term, this is working out as planned.

    Summer leagues start this weekend with Ireland, so I plan to begin a fresh campaign with real wagers then.

    Good luck guys.

  3. jo
    1 February 2018 at 12:38 am #

    After a glimpse of hope at the end of 1st half that statistics finally settled in and recovering from losses well, I finished my 6th losing week in a row today. The hit rate was 16%. I sincerely hope I will stop chasing Simon’s “achievement” of 11 losing weeks in a row now. The campaign came back to its usual performance: 1, maximum 2 wins and then normally a losing streak of at least 4 bets, but just 4 is like a dream, normally it’s 5-12. When portfolio performs like this, no bank management will save your bank, it will just go bust later. When balance goes up, ratchet-stop loss mechanism should work well to get the most out of what you do, but when it goes down, I find it detrimental. You may bet 100 units, suffer losses, then reduce the stake to say 90, and if you win, you recover from losses by betting just 90 units, not 100. Then, if you’re lucky to win enough, you increase your stakes again to 95 or whatever and then you lose again at those higher stakes. It complicates recovery of a bank. I ran simulations and that’s exactly what is going on when portfolio fails to perform how it should for prolonged periods of time and the way losing weeks exchange with winning ones. It has 4 months to go, 5 months are gone, 785 or 60% bets placed out of 1307 estimated. I won just 224 or 28.54% of my bets. Expected hit rate is 40.93%. The hit rate is lower by 12.39%. With this kind of deviation against me, portfolio is going to fail and ratchet-stop loss mechanism would make it fail even worse. Even though it’s really unlikely all strategies will fail, it’s little consolation for us. It doesn’t matter if all systems fail and lose 10000, or 9 systems win 10000 and the 10th system lose 20000 units. It’s incredibly tough to cope with after successful summer season.

    • Scott
      1 February 2018 at 8:31 am #

      It’s weird because I’ve found the opposite has happened. Mine has actually started (I hope!) to settle in to normal performance. I’ve had a few strategy changes as we’ve moved into H2 of the season, but even some of the strategies which were catastrophic in H1 have now sorted their lives out and are making money.

      January brought 28.5 points worth of profit – a pretty crazy month! I’m prepared for more variance between now and the end of the season, but hopefully on a more measured basis than we saw in the first half of the season.

    • Simon
      1 February 2018 at 10:27 am #

      Jo,

      Please don’t replicate my run of 11 losing weeks in a row! That was most certainly a brutal run of bets.

      After the 11 week losing run, I stopped placing real bets and went into observation mode, but as my luck would have it, the entire portfolio recovered and ended the 1st half of the season in profit. Not a fortune, but 12 times the stake size, so it was something.

      As for now I’m just paper testing the remainder of the winter leagues and seeing what happens, and using it as a learning experience. I hope yours is profitable for you.

      You raised the point about the ratchet and stop loss mechanism. In my winter campaign I did eventually employ a stop loss, but not right away. Having said that, I kept 2 separate records: 1) Flat stakes for every bet, 2) Reduced stakes via stop loss.

      Interestingly there was not much difference at all in the bottom line when comparing both methods of staking. I’m basing that on losing less per losing bet, but winning less per winning went, so balancing out somewhat. Definitely the ratchet is great when on a long winning run as you really can make the most of winning bets with larger stakes. Its the long and protracted losing streaks that will be detrimental. Winnings will disappear fast with larger stakes.

      The effect of my losing streak on the bottom line of profit/loss was mitigated by the fact that the losing run occurred at the point when I had accrued 24 points of profit. After 11 weeks of losing I was at -30 points of profit. So that’s a 54 point swing, and in isolation, half of the bankroll. In real terms 30% of the bankroll.

      I mentioned it before in a post of mine, that my belief is that if the system or group of systems are all viable, then flat staking will produce a profit. My system’s showed that to be the case after judging at the end of the betting period. It’s a shame that 2 of the 13 systems running (Spain, Turkey) suffered “Heavy” losses and really dented the final profit figure.

      Certainly for the 1st half of the season, there were bigger than expected deviations in the hit rate of some systems – which most of us have reported.

      I’m hoping the summer campaigns show a little more consistency!

      • Rado
        4 February 2018 at 7:53 pm #

        I am almost pulling the plug after another DISATROUS week in which I lost more than 15 stakes! I have no more spare money to throw into this hopeless thing. Months of hard work flushed down the toilet in a matter of days is more than I can take! And SIMON, can you please mail me the exact odds ranges and possibly all the matches you have bet on the following systems:

        Ligue 1 (Favourite) +515
        Bundesliga (Underdog) +760
        Ekstraklasa (Underdog) +1293
        Ligue 2 (Draw) -223

        I also have these and they are all at pretty big loss. How can this be? My mail is radox@abv.bg

        • Simon
          4 February 2018 at 11:34 pm #

          Rado,

          Yes, no problem, I will get in touch with you on Monday.

        • jo
          5 February 2018 at 5:11 pm #

          I noticed a while ago that if some of us make profit, then some of us suffer losses. With probably none of us achieving any gains in profits in the long run. This weekend I finally broke my 6 weeks losing run and had a good weekend. 10 bets won out of 24, 41.66% hit rate. Even if all estimated bets lose up to Thursday I will still be in profit. However, it seems even with the supposed advantage against bookies not all of us will avoid portfolio failure. Having endured so much, it’s pain to read about someone else having another disastrous weekend. Scott, let us know how this weekend went for you? And Simon?
          I suffered small loss in Ligue 1 favourite, 1st half, Ekstraklasa dog, 1st half was pretty much the same profit as Simon’s.
          Rado, it’s strange you suffered loss in Ekstraklasa since it was very good performer with dogs, maybe it’s because the way you decide if the bet is valid or not?
          Although my difference with Simon’s Ligue 1 favourite is very big – about 700 units. 99% of time I rely on pinnacle odds only and I check them on pinnacle site, not oddsportal. If the odds fall in the range, then I check other bookies for even higher odds and then place bets.

          • Scott
            5 February 2018 at 8:14 pm #

            Hi Jo – I had another good weekend. 8 points of profit. It started off poorly with Friday and Saturday both making a loss, but came storming back on Sunday.

            Belgian and Austrian draws both had a good weekend as did Italian favourites.

            Last minute drama in Monaco was a nice way to finish the weekend!

  4. Rado
    25 January 2018 at 6:00 pm #

    I am completely devastated! After accumulating a nice profit in the last 2 months, the last 2 weeks destroyed everything. Over 20 stake units loss! All my profit is gone and now I am below zero balance… NONE of my last 10 bets won, and these were not only high odds, but also short priced favourite games… I don’t understand how can this be possible. About 80% of all my systems are 10-15% below the projected hitrate!!! Why?

    • Simon
      25 January 2018 at 6:14 pm #

      Rado,

      As you can see below from my results posted, in the 1st half of the season, I had some systems performing well, and some that were catastrophic and really dented the potential profits.

      I only had one system that I would classify as an over achiever – where the hit rate was way over what was expected. From looking at the hit rates of the achievers and zero sum systems, they were well below the average of the last 5 seasons.

      I think the low hit rates has really been the consistent factor that everyone has reported on that is stunting our gains. Nothing we can do to affect the results on the pitch, and we can’t stop a poor patch of results all coming at the same time.

      As mentioned I stopped placing real wagers at the start of November, and carried on paper testing. Many of my systems that were losing – remember I had 11 losing weeks in a row! – recovered in the final 2 months of the 1st half season. So it seems we can either have consistent results or long periods of good and bad, which will result in a very topsy turvy season. Rado, I had multiple losing streaks of 8,9,10 losses in a row and it was very disheartening to see the bank depleted. Sometimes I would have an 8 game losing streak, 1 win, and then 8 or 9 losses again….it is tough to handle for sure.

      I would much rather prefer a consistent run of results over a longer period of time rather than the topsy turvy nature of things many of us have seen….but that is not something we can control.

      Observing results and paper testing is much easier on the nerves for me at present, as this was my first time getting involved with something more in depth. What I have learned is that things can only be judged at the end of the specified betting period and until that time, managing the bankroll is the key thing.

      I lost money by getting panicked around november – when in hindsight I should have stuck it out and persevered. That was a valuable lesson learned for me.

      • Rado
        26 January 2018 at 3:21 pm #

        I will post a complete hitrate report for all 17 of my systems when the season is over. Then we will be able to analyze everything.

  5. jo
    23 January 2018 at 10:01 pm #

    Hi Right Winger,

    teams playing their home games at a different stadium for a season than they used to, should they be excluded from betting? Same with “Away” teams playing their away games at Wembley against Tottenham, that plays its home games at a different stadium this season. Maybe matches like this should be excluded also, in case I bet on away teams and their odds fall in the range? Because Tottenham is like half home half away team and who knows how does it affect the game?

    • Right Winger
      25 January 2018 at 3:57 pm #

      Hello Jo,

      I answered exactly the same question from a reader in connection with the Value Calculator a couple of days ago. There I mentioned that Tottenham should be excluded from all Value Calculator analyses as they are currently not playing home games ‘at home’.

      However, for the HDAFU tables, which don’t rely on historical head-to-heads, but rather on historical odds, I would say it is safe to leave them in your analyses. I certainly continue to include them in mine.

      As an aside, Tottenham’s home ground dilemma will also continue into next season when they return to White Hart Lane. Of course, everything about their new stadium will be different including the size of the crowd (which will be smaller than the ones they are experiencing inside Wembley right now). I can’t remember any other top flight team in any prominent footballing nation during my lifetime (50 years) playing home matches at three different stadiums in three consecutive seasons.

  6. Simon
    23 January 2018 at 11:10 am #

    RW (and guys),

    I took a break from placing real bets after a torrid run of 11 straight losing weeks – but continued to paper test the remaining bets in the systems I had running. Below are the results.

    Ligue 1, (Favourite) +515
    Serie A (Favourite) -103
    Super Lig (Favourite) -1027
    Russia Premier (Favourite) +78.9
    Bundesliga (Underdog) +760
    La Liga (Underdog)-2308
    Primera Liga (Underdog) +630
    Ekstraklasa (Underdog) +1293
    Jupiler League (Home win) -102
    Ligue 2 (Draw) -223
    Netherlands (Draw) +513
    Czech Liga (Draw) -52
    EPL (Draw) +1301
    Total +1245.9

    Please note that the Ligue 2, Jupiler League, Primera League and Super Lig are whole season systems, so those figures are going to change as the season goes on. The other figures are final.

    As you can see, based on £100 flat stakes the whole portfolio up until the winter break did make a profit. But a couple of disastrous failures (Spain, Turkey) really dragged down the profit figure considerably. The hit rates for both systems had dropped hugely on the last 5 seasons.

    I had a look over the system data, and my original analysis notes to see where these 2 systems could have been flawed, but can’t really see any reason why I would not have chosen them. The hit rates were consistent over 5 seasons, both systems were in profit at least 4 out of 5 seasons, no one season was an anomaly, there were plenty of betting opportunities in each system, profit figures were very good over 5 seasons in both systems. Bottom line is the systems looked good and most things checked out.

    Any thoughts on this? Are there things I should have spotted with the system that in practice I didn’t? Or is this type of big failure just rotten luck and bound to happen from time to time?

    The spain system was an underdog system between odds ranges of 3.77 and 8.9. Turkey was a favourite system between odds of 2.05 and 2.57.

    Thanks guys.

    • Right Winger
      25 January 2018 at 4:07 pm #

      Hi Simon,

      It’s difficult for me to comment on half a season’s results or predict what will happen with only four systems in play during the second half of the season.

      Personally speaking, I would be apprehensive about running with just four systems from now until May. If just one fails miserably it will likely negate successes in the others.

      If you don’t wish to extend your portfolio by running more systems then my advice would be to sit on your laurels and take the +1,245.90 profit, rather than risking it. You’ve made 12+ times your standard stake already, so quitting now is no disgrace. Paper test the remainder instead. This is what I would do.

      With the money already in the bank, it’ll be easier to take if you see you would eventually have made more, but so much more of a kick in the teeth if you go on to lose what you have worked so hard to gain thus far.

      I hope this helps.

    • jo
      25 January 2018 at 8:12 pm #

      Hi Simon,

      La Liga was zero game last season and it went far worse this year. But I have systems that were zero game at some season over the 5 years and the next year was record high. I don’t see a way to predict that La Liga underdog was going to fail this bad this year. Feyenoord performed poorly regarding its home matches and betting on draw over previous 5 years (4 seasons was loss, the only profitable season produced just +192), but this season’s result was very good: +928. Based on this I consider it as a random statistical distribution. Something that performed well fails, and vice versa, but having value on our side the end result should be profit. Luck is probably also existent to some extent in choosing systems. Although system with higher number of matches may look more reliable, but there are no guarantees it won’t fail, with more matches it can even fail far worse in my opinion. This season’s results and the way things go so far makes clear why football betting is always very risky, deviations can be huge due to so many variables. Unfortunately for us, no system guarantees profit in betting except arbing.
      At least your portfolio performed better in the 1st half of the season compared to mine, had you bet Away win 6.41-9.50 in Jupiler League 1st half, it would’ve been even better by +1468 instead of a small loss by going for home win. Had I bet on Premier League draw instead of underdog, I would’ve ended 1st half in small profit. But these type of bets were of different risk and in order to balance my portfolio I had to choose underdog.
      Regarding recent performance of my portfolio, after making decent recovery right before Christmas, the last 5 weeks after that were like 2 steps forward and 3 steps back, it’s -3095 now. I’m not sure what I’ll do with the next summer season, I will probably wait until the last moment and then make a decision to buy HDAFU or not.

  7. Rado
    17 January 2018 at 6:57 pm #

    Can someone tell me about the newest addition to the “mandatory bookmakers” 1XBet in oddsportal? It seems that nearly always 1XBet has the highest odds for the matches in my systems. Their payout is over 98%, which is more than even Pinnacle and seems impossible! Should I include 1XBet when I check the odds, or should I disregard it like Marathon and Tempobet?

    • Right Winger
      20 January 2018 at 11:14 pm #

      Hi Rado,

      Treat 1XBet the same as Marathonbet (they are both Russian sites and linked in some way).

      Ignore them for the sake of selecting your bets, but feel free to place bets with them once you have decided that the match is within your inflection point criteria.

      I hope this is clear and thanks again for your question.

      • Rado
        21 January 2018 at 1:52 pm #

        And I also noticed that they have completely removed Tempobet from the list of bookmakers. One unreliable bookie is gone 😀

  8. Olly
    10 January 2018 at 12:53 pm #

    I just thought I’d let anyone who is interested know my mid season results up until today. I missed the first couple of weeks of the season on a few leagues. After a difficult first 6 weeks or so these are my results (I only did 7 leagues). These results are to level stakes:

    Holland: +10 points
    France Ligue 1: +0.2 points
    France Ligue 2: – 23 points
    Italy: -2 points
    Germany: +24 points
    Turkey: +7 points
    Belgium: + 2 points.

    Total : + 18 points.

    As we know Ligue 2 has been shocking though did recover somewhat from a low of -31 points at one stage. Germany has been fantastic. I am pleased with these results after the bad start, though clearly before starting I would have hoped for better but I have enjoyed the process up to now and will continue. Unsure whether to go for the summer league tables but most probably will.

  9. Rado
    24 December 2017 at 9:32 am #

    I have a question. Do you think that it will be a good idea if I change the ratchet system to have equal increase and decrease trigger amounts? Because in the exmple by Soccerwidow, it is increase every 1000 units profit and decrease every 500 units loss. Wouldn’t it be better if the stake decrease occurs also at 1000 units loss? If you have a bigger bank, this must not be a problem?

    • Right Winger
      24 December 2017 at 9:51 pm #

      Hi Rado,

      By all means tailor the ratchet and stop-loss systems to suit your own needs. The examples outlined in our articles are purely for guidance – please do not take them as gospel.

      The figures and strategies used were just an example of how to approach bank management. I am sure everyone has their own individual view on the situation, but whatever you decide is right for you, the overarching message is to protect the bank at all costs and speculate to accumulate when you hit a rich seam of results.

      I hope this helps in some small way.

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