Trading is impossible now

The sport of kings.
spreadbetting
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Joined: Sun Jan 31, 2010 8:06 pm

But if working at maximum concentration and speed managed to get you decent results why not do it all the time? I'm trying to grasp how a good day could be considered difficult as you must have some sort of rules you follow when to open or close trades, especiall scalping.
Ica73
Posts: 28
Joined: Wed Apr 15, 2009 7:31 pm

I have to change my way of trading in this way, but my main question is if you are having the same difficulties that I have, or is it just a difficulty for my scalping style.
Last edited by Ica73 on Tue Dec 13, 2016 9:21 am, edited 1 time in total.
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

A lot of my stuff is automated and haven't noticed any massive difference to be onest but I'm not really looking for scalping short term moves. Manual trading seems to be getting harder because of lack of liquidity but I haven't had a massive drop in profits like you seem to have , this year has actually been one of my better ones but maybe because I've been tweaking strategies abit more.
steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

The market is difficult these days for scalping because someone is controlling the speed at which money is matched at the front of the book in my opinion, long enough to gain an advantage.
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Naffman
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Ica73 wrote:Today +800 for me, but the market is very very difficoult...
My heart bleeds for you :lol:
ajdal
Posts: 101
Joined: Tue Jun 09, 2015 1:05 am

Ica73 wrote:. . . then I can do 10/20/30 euro per race. . . Today has been a coincidence that everything went smoothly and I closed the day at +800.
That is some return on those stakes.... I'm highly impressed... I can't achieve anything remotely like that on even my very best day using those stakes....

Well done !!
Ica73
Posts: 28
Joined: Wed Apr 15, 2009 7:31 pm

ajdal wrote:
Ica73 wrote:. . . then I can do 10/20/30 euro per race. . . Today has been a coincidence that everything went smoothly and I closed the day at +800.
That is some return on those stakes.... I'm highly impressed... I can't achieve anything remotely like that on even my very best day using those stakes....

Well done !!
Thx. Today +700 but there are 5 races to the end, may be that I close @ 800/900. My new style of scalping is good I think... the rule n°1 for me, is to abstain until the right time to enter in the market and after 2/3 operations, I must stop me until the next race.

Anyway I am happy now because it isn't casual...
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to75ne
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Joined: Wed Apr 22, 2009 5:37 pm

you have changed your method of scalping since the 6th dec, i can only assume you have changed your entry times and/or entrypoints?

not much else you can change with scalping.

personally i did not think scalping the first 3 sandbaggers to be the most effective way to trade to them.
Ica73
Posts: 28
Joined: Wed Apr 15, 2009 7:31 pm

I am italian and I don't well understanded... anyway, the market is very very hard now... in this race (wolw 18:45) I lost 70 for a little little mistake... that mean that there is a big difference respect before... So I avoid to do 10/20 trades per race, but only 2/3/4 selecting the best moment.
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SeaHorseRacing
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Ica73 wrote:I am italian and I don't well understanded... anyway, the market is very very hard now... in this race (wolw 18:45) I lost 70 for a little little mistake... that mean that there is a big difference respect before... So I avoid to do 10/20 trades per race, but only 2/3/4 selecting the best moment.
Do you scalp everyrace?
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to75ne
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Joined: Wed Apr 22, 2009 5:37 pm

that last race was in my opinion was suicidal to scalp.

why scalp such a market that is to volatile for scalping to be have a realistic chance of success?

(ps your english is fine, far better than my Italian)
Ica73
Posts: 28
Joined: Wed Apr 15, 2009 7:31 pm

SeaHorseRacing wrote:
Ica73 wrote:I am italian and I don't well understanded... anyway, the market is very very hard now... in this race (wolw 18:45) I lost 70 for a little little mistake... that mean that there is a big difference respect before... So I avoid to do 10/20 trades per race, but only 2/3/4 selecting the best moment.
Do you scalp everyrace?
Yes, I avoid when there is 2 fav under 3 Or when there is 4/5 horse
Ica73
Posts: 28
Joined: Wed Apr 15, 2009 7:31 pm

to75ne wrote:that last race was in my opinion was suicidal to scalp.

why scalp such a market that is to volatile for scalping to be have a realistic chance of success?

(ps your english is fine, far better than my Italian)
My english is fine because I take help with translator eheheh... I can't understand this:"personally i did not think scalping the first 3 sandbaggers to be the most effective way to trade to them."

Last rare yes is not my prefered scenario, but I must cohabit with volatility... in many cases it is me who unleashed the volatility
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SeaHorseRacing
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Ica73 wrote:
SeaHorseRacing wrote:
Ica73 wrote:I am italian and I don't well understanded... anyway, the market is very very hard now... in this race (wolw 18:45) I lost 70 for a little little mistake... that mean that there is a big difference respect before... So I avoid to do 10/20 trades per race, but only 2/3/4 selecting the best moment.
Do you scalp everyrace?
Yes, I avoid when there is 2 fav under 3 Or when there is 4/5 horse
Impressive. You must have the patience of a saint!
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to75ne
Posts: 2439
Joined: Wed Apr 22, 2009 5:37 pm

sandbaggers are flat race's on artifical surface's.

invariably low grade (not always), and hence attract less volume such as the winter evening cards at wolves, southwell, lingfield, kempton, newcastle and dundalk

have you not considered trying different methods that may prove to be better/more profitable than attempting scalps all the time especially on the above courses?
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