Had a great day too today.
Curiosly, rather than focusing intensely on each race, I simply switched to markets in the last 1-2mins.
Got a few scalps, one small loss, one great swing.
Today's Horse Racing
I would never start trading with two minutes to go. If a trade goes against you you don't have much time or leeway to give a reversal a chance. I suppose everybody has a different style of trading each of which will be suited to a different time interval.
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BetScalper
- Posts: 1139
- Joined: Sun Jul 02, 2017 10:47 pm
I don't usually put a timeframe on trading horses anymore.
But I will wait for the following to occur:
- Last race has finished.
- Average Increase > £1000 per second
- Large orders start to build up on the favourite.
- Price is within 25% of top and bottom of a trading range.
- I don't open back trades near the bottom or lay trades near the top.
- I don't trade Hcap races unless there is an odds on favourite.
- I do use WOM(100,50,25) for opening and closing trades. But only if it looks like there is money at the front to support the move.
At the moment 80% of it is automated. Can't get it fully automated with BA as 2 parameters can't be done yet unless I start integrating with Excel, which just adds overheads.
I guess you could call it reversal trading.
Depending on the type of race and day of the week then this could be 10 min, 5 min or 3 min before the start.
However, I would say that 70% of my trades are opened in the final 3 minutes. Still plenty of time to get out with a positive trade. Unless the mad bomber starts dropping his/her pocket money into the market.
Have fun,
But I will wait for the following to occur:
- Last race has finished.
- Average Increase > £1000 per second
- Large orders start to build up on the favourite.
- Price is within 25% of top and bottom of a trading range.
- I don't open back trades near the bottom or lay trades near the top.
- I don't trade Hcap races unless there is an odds on favourite.
- I do use WOM(100,50,25) for opening and closing trades. But only if it looks like there is money at the front to support the move.
At the moment 80% of it is automated. Can't get it fully automated with BA as 2 parameters can't be done yet unless I start integrating with Excel, which just adds overheads.
I guess you could call it reversal trading.
Depending on the type of race and day of the week then this could be 10 min, 5 min or 3 min before the start.
However, I would say that 70% of my trades are opened in the final 3 minutes. Still plenty of time to get out with a positive trade. Unless the mad bomber starts dropping his/her pocket money into the market.
Have fun,
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lukesanges
- Posts: 117
- Joined: Tue Oct 31, 2017 8:26 pm
Got caught out on that one just then, was expecting it to come back
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dragontrades
- Posts: 1248
- Joined: Wed Oct 19, 2016 11:22 pm