Entering shows for profit means you have to enter horses at the proper time of their training cycle at each and every level. All horses van make profits when shown correctly
Geldings (or every horse, really) Will be in negative profits at some point, right after leveling up. Train for a few weeks, and they are profitable again!
Don't sell geldings unless you are hitting the show cap and have horses that aren't being shown. They will earn you way more money from shows than they will from a quick sale
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