Today's Horse Racing
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Trader_Tom
- Posts: 198
- Joined: Mon Oct 10, 2016 10:51 pm
I got caught out as it stalled for a long time and broke it's short term traded range. Thought it was going to drift and I had the safety of the crossover so I was happy to lay then BOOOOOOOOM. dropped about 15 ticks and went on....and on....and on....Dallas wrote:2.80 to 2.04 in 50 secs, bad if anyone was laying the drift just before
I was unsure of the drift but they were talking the horse down a lot on the pictures so that supported my decision. Lesson learned, don't listen to the muppets on the TV haha.
That was the first market of the day I traded so had no idea such heavy backing was going on. The rest of the day was a roaring success with no more losses. Easiest and most profitable days trading for me.
How often does that sort of backing happen out of interest?
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Trader_Tom
- Posts: 198
- Joined: Mon Oct 10, 2016 10:51 pm
Not caught out on this particular horse mind you. It was one of the earlier ones when I first started trading in the afternoon.Trader_Tom wrote:I got caught out as it stalled for a long time and broke it's short term traded range. Thought it was going to drift and I had the safety of the crossover so I was happy to lay then BOOOOOOOOM. dropped about 15 ticks and went on....and on....and on....Dallas wrote:2.80 to 2.04 in 50 secs, bad if anyone was laying the drift just before
I was unsure of the drift but they were talking the horse down a lot on the pictures so that supported my decision. Lesson learned, don't listen to the muppets on the TV haha.
That was the first market of the day I traded so had no idea such heavy backing was going on. The rest of the day was a roaring success with no more losses. Easiest and most profitable days trading for me.
How often does that sort of backing happen out of interest?
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SeaHorseRacing
- Posts: 2896
- Joined: Fri May 20, 2016 7:06 pm
This is still channel 4 racing right? 
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SeaHorseRacing
- Posts: 2896
- Joined: Fri May 20, 2016 7:06 pm
Hmm its not quite boxing day. Alot of shite between cheltenham
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ruthlessimon
- Posts: 2161
- Joined: Wed Mar 23, 2016 3:54 pm
poor lad/lady. musta lost nearly 50k on Marshgate #tradedontgamble
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SeaHorseRacing
- Posts: 2896
- Joined: Fri May 20, 2016 7:06 pm
Cant see the image...YESWAY wrote:Can someone please explain situation in 2 red circles on the image ?
It happens often, mostly right on 5 min. before the race, just after Peters voice.
Is this Betfair correcting prices ?
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SeaHorseRacing
- Posts: 2896
- Joined: Fri May 20, 2016 7:06 pm
It could be bots programmed to start at 5 mins...
Does it happen exactly 5 mins before a race is due to start, in which case SHRs idea is very likely. If its around the 5 mins time slot, then when another race has just finished (this is often around 5 mins before the start of the next one) then you will see large quantities of money starting to come into the market.
