Scalping Suddenly a Boxing Match

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Thrungus
Posts: 6
Joined: Wed Oct 28, 2020 7:40 am

Hi all.

Wanted to ask for some advice - as over the past 48 hours I've found that scalping any market has become like a boxing match.

What's more annoying is that prior to this, I was happily scalping markets and leaving with a profit and with a smile on my face. However these past few days it's like everytime I get a price matched, it shoots in the complete opposite direction / doesn't quite return to where I want it to be.

- I know that I could have been profitable thanks to random results, which hurts to think that was the case as I really thought I was getting somewhere!

I'm not just diving in, looking at charts and seeing a confident plunge on . . . and then as soon as I enter the market, it's like word gets out! My £10 stake is the new bogeyman.

What would people suggest as where to reset to after you've pulled your hair out / feel like everything's against you?


Thanks in advance
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Realrocknrolla
Posts: 469
Joined: Fri Jun 05, 2020 7:15 pm

Well as a boxing man. I can tell you that every opponent is different. 🥊

Other than that I can only advise on letting the trade breathe as someone told me once and it helped massively. The more experienced traders will tell you the same.

Wish you the best of luck though.
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Thrungus
Posts: 6
Joined: Wed Oct 28, 2020 7:40 am

Realrocknrolla wrote:
Tue Feb 23, 2021 3:07 pm
Well as a boxing man. I can tell you that every opponent is different. 🥊

Other than that I can only advise on letting the trade breathe as someone told me once and it helped massively. The more experienced traders will tell you the same.

Wish you the best of luck though.
Much appreciated.

Typically I just add a position to the market and wait. But as of late it's like there's a sudden spring - everything drifts all of a sudden. :-(
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Derek27
Posts: 10437
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

I noticed scalping was getting much harder several years ago. It's all about picking the right markets that are generally more stable but they're getting harder to find these days.
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Headless Chuck
Posts: 33
Joined: Tue Jul 23, 2019 5:31 pm

Thrungus wrote:
Tue Feb 23, 2021 3:11 pm
Realrocknrolla wrote:
Tue Feb 23, 2021 3:07 pm
Well as a boxing man. I can tell you that every opponent is different. 🥊

Other than that I can only advise on letting the trade breathe as someone told me once and it helped massively. The more experienced traders will tell you the same.

Wish you the best of luck though.
Much appreciated.

Typically I just add a position to the market and wait. But as of late it's like there's a sudden spring - everything drifts all of a sudden. :-(
I don't think I've ever traded anything that didn't instantly move at least one tick in the wrong direction.
rik
Posts: 1317
Joined: Sat Jan 25, 2014 5:16 am
Location: London

If you compare now with 10 years ago definitely scalping used to be easier
compared to recently i doubt there has been a general change its probably less suited markets you selected combined with a bad phase for you, at least the horse racing i didint notice anything different today
sometimes just have the days when nothings going right thats normal
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Thrungus
Posts: 6
Joined: Wed Oct 28, 2020 7:40 am

Is it worth me going down the route of 'offset bet with greening'? I recall there being a helpful video for that, but I can't find it at the moment.

Have started using the Make Market option on the one-click screen with some success.

But then again, could entirely be random and I could just be getting smashed about.
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Derek27
Posts: 10437
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Personally, I find offset bets convenient if you have a lot going on in the market but manually placing offsets and greening gives you more control and you can sometimes get an extra tick or two.
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Thrungus
Posts: 6
Joined: Wed Oct 28, 2020 7:40 am

It appears to have calm down this week - less hair loss.

I'd be keen to see some guides on how to dutch the frequent greyhound markets (they're very all over the gaff) and even the US racing.

When there are considerable gaps in the market, can you fill these and profit from them?
Archery1969
Posts: 1083
Joined: Thu Oct 24, 2019 8:25 am

Thrungus wrote:
Wed Feb 24, 2021 8:20 pm
It appears to have calm down this week - less hair loss.

I'd be keen to see some guides on how to dutch the frequent greyhound markets (they're very all over the gaff) and even the US racing.

When there are considerable gaps in the market, can you fill these and profit from them?
On gappy markets you can employ leapfrogging type trades. But you still need to have an idea on which dogs are likely to shorten or drift. You don’t need to be right all of the time due to the size of some of the gaps etc.
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