The Cherry Picker

Day 1
There were 3 races that qualified today and we had to wait until the 3rd race for our first winner, which meant a loss on the day.
The loss for the day was £64.87.
I have read the manual again and the author says that after a losing race increase your profit target by 20% to get some of your losses back.
So we started with a profit target of £10 for the first race, this then went up to £12 for the 2nd race which also lost, and then went up to £14.40 for the 3rd race which won.
Tomorrow we will start again at a profit target of £10.
The bank stands at £935.13.