Today's Horse Racing

[SeaHorseRacing]

Thistlecrack out for the rest of the seaason.

[Korattt]

why is Tuesday my worst day?

[SeaHorseRacing]

Are you chasing prices?

[Euler]

Thistlecrack out for the rest of the seaason.

Heavy laying on the Gold Cup antepost market ahead of that news

[Korattt]

not really no, thought that fav in the 15:00 would come in a bit more, got caught out with that lay spike

[ShaunWhite]

I watched the first cycle and have traded two since for small amounts... I was counting up last night and there's 1300 UK meetings from now till the end of the year...no rush.

[Naffman]

Mondays are Tuesdays are my best days now, they used to be my worst so just stick at it or if it doesn't suit your trading style it'll be more profitable not even touching it

[SeaHorseRacing]

not really no, thought that fav in the 15:00 would come in a bit more, got caught out with that lay spike

When you say thought would comein a more. What price roughly where you at on the back side when that spike come in??

[Dallas]

Begining to doubt if Verdana blue was ever going to crash

[Korattt]

not really no, thought that fav in the 15:00

When you say thought would comein a more. What price roughly where you at on the back side when that spike come in??

went in on the backside when I saw the IP improve with good order flow (as per horse racing workshop)

[SeaHorseRacing]

I opened that market with 4/5 mins to post. The price was around 1.39 to 1.36. Intially it would make sense to back it as everything else had drifted. However when the had price moved so much relates to chasing the price, My view was the price was never going further then 10 ticks in. The up side looked better. The second fav was priced around 4/5s which drifted so this told me it was likely to not dirft too far.
If the second price was bigger this may have indicated a further drift.

The was too much time left for this horse to continue to move in. It couldnt possibly move in any more, I would have only been on that back side if there was momentum comming in.

IIMO the spike was just a fast motion of where the price as going anyway it just happened someone moved it in one go.

Not sure if were talking of the same horse but if you were on the back side and you opened around 1.4 to 1.35 IMO you chased the price.
For me as the move had already gone I would have never been on the back side. I waited for a lay opportunity and it came. I f it never came I would have waited for a better entry on the back side but most likely wouldnt have place a trade.

[Korattt]

I opened that market with 4/5 mins to post..
..if it never came I would have waited for a better entry on the back side but most likely wouldn't have place a trade.

ok

[ShaunWhite]

went in on the backside when I saw the IP improve with good order flow (as per horse racing workshop)

What's 'IP'? obv not in-play.... implied probabilty? I haven't done the workshop so don't know the lingo.

[Korattt]

correct

[SeaHorseRacing]

Just trying to help what i can. hopefully has helped