16% on SP

August has been an unusual month. The first half produced some fantastic profits, then things became a little bit erratic for a week or so. Yesterday we had 6 winners from 29 selections producing returns of 21 points. This small loss occurred despite the fact that 21 of those selections started at a price lower than the selected price and on average the selected price was 16% higher than the SP. It’s just the law of averages – on another day we would have had a few more winners, and on average that 16% would be shown as profit on the winners. The results page at thedailytipster.com shows that this is what happens.