Today's Horse Racing

[SeaHorseRacing]

Flat French Racing is back tomorrow.

[davedragon]

Flat French Racing is back tomorrow.

Is it trade-able ? I've never looked into foreign racing

[SeaHorseRacing]

Some of it is. Not sure what tomorrows will be like but there is some group races at Saint Cloud.

[Naffman]

Not at all tradeable is it?

Dubai world cup next Saturday though, that's something to definitely look forward to!

[SeaHorseRacing]

Yes it is. The feature traded really well if I rememeber last year.

[Kev123in]

Incredible last race that was, they gave him too much rope and didn't hang himself!

[davedragon]

Avg profit £1.84 lol.

Could have been a decent day but for 3 bad losses.
The first was on the 'northern national' which was the only race where I was going to up the stakes and got caught on a sudden drift that I couldn't do anything about really.

One of the other losses I was waiting for my exit to be filled and it was close but the race was about to start so I selected take SP, some of the exit was left unmatched and was matched at SP which was about 9 Ticks higher than where it was trading at. Lesson learned there - only use SP as a precaution and make sure the position is closed.

Will the markets be back to normal for the week ahead or will they be a bit weaker than usual?

[Dallas]

Will the markets be back to normal for the week ahead or will they be a bit weaker than usual?

Will still be a little quiet so dont expect to much

[SeaHorseRacing]

Two weeks today is the first flat meeting at Doncaster. 23 days until Windsor on a Monday night starts.

[Korattt]

Avg profit £1.84 lol.

Could have been a decent day but for 3 bad losses.
The first was on the 'northern national' which was the only race where I was going to up the stakes and got caught on a sudden drift that I couldn't do anything about really.

One of the other losses I was waiting for my exit to be filled and it was close but the race was about to start so I selected take SP, some of the exit was left unmatched and was matched at SP which was about 9 Ticks higher than where it was trading at. Lesson learned there - only use SP as a precaution and make sure the position is closed.

Will the markets be back to normal for the week ahead or will they be a bit weaker than usual?

Dave,

Please don't think I'm telling you how to suck eggs but would you consider trading less markets?, the reason why I say that is because for me I have found by sticking to a particular type of market and focusing on that my profits have been more consistent, just a thought?

[SeaHorseRacing]

Felt like saying the same, just didnt want to say anything. But yes, definitely trading to many markets IMO. Especially on such a poor days racing today.

[Halliday]

Felt like saying the same, just didnt want to say anything. But yes, definitely trading to many markets IMO. Especially on such a poor days racing today.

That's a habit you used to have SHR pleased you realise that "more" sometimes mean less .. it's a ridiculous number of markets to trade, and that plus the time gap between the races , well not for me , definite traits of a " gambier " rather than a trader me thinks.
Plus I'm not a great fan of constantly showing YourP/L whether it be winning or losing .. just isn't necessary, and as many posters have said it don't mean anything. Plus it puts unecessary pressure on the poster ( whether he thinks it does or doesn't ), and can make you do things you wouldn't normally do.

But I wish him well

Enjoy your trading !!

[SeaHorseRacing]

Felt like saying the same, just didnt want to say anything. But yes, definitely trading to many markets IMO. Especially on such a poor days racing today.

That's a habit you used to have SHR pleased you realise that "more" sometimes mean less .. it's a ridiculous number of markets to trade, and that plus the time gap between the races , well not for me , definite traits of a " gambier " rather than a trader me thinks.
Plus I'm not a great fan of constantly showing YourP/L whether it be winning or losing .. just isn't necessary, and as many posters have said it don't mean anything. Plus it puts unecessary pressure on the poster ( whether he thinks it does or doesn't ), and can make you do things you wouldn't normally do.

But I wish him well

Enjoy your trading !!

But this is where your wrong Halliday. I only trade alot of markets if they fit within my strategy. Fair point that I have posted P & Ls showing a lot markets but they did apply to my strategy and its not how I would trade on a day like today.
It is not a ridiculous number of markets to trade, but based on the merits of todays racing he probably did trade too many.
Lets stop putting people down and offer supportive advice. Your post is not really supportive other than trying to imply that most traders have gambling issues.

Just because your not a fan of P & L doesnt mean I am not. I am personally. I am interesting in seeing how others trade. Additionally it spurs me on when Ive had a shitty day and someone has smashed it out of the park.
Were all here to learn and if the gentlemen hadnt shown his P&L he wouldnt now know about how many markets he shouldnt have traded.
Which is the whole purpose of this forum to seek the advice of others and in return help those who seek advice.

There is no right or wrong with trading, everybody's edge is different.

[davedragon]

Thanks for the advice, never really thought about skipping markets, normally if there is a race with low turnover or if I don't like the look of it then I just use really small stakes. The markets I lost on today were ones that I was more confident on and would never have skipped those as I would have expected £10-20 profit on but just got caught out a few times.
What sort of markets do you guys avoid?

[SeaHorseRacing]

Thanks for the advice, never really thought about skipping markets, normally if there is a race with low turnover or if I don't like the look of it then I just use really small stakes. The markets I lost on today were ones that I was more confident on and would never have skipped those as I would have expected £10-20 profit on but just got caught out a few times.
What sort of markets do you guys avoid?

For me I avoid markets that are going to clash badly. So for example a race that has a 3m chase 5 mins before it.
Based on my trading edge I avoid low class races where the fav is priced about 4.5ish. Just find them week.
All irish racing where the price is above 4.00. With an exception of the Irish Derby or something.

Low volume meetings if a lot on. Or if there is say a good meeting at Sandown on and an AW meeting on sometimes I may just ignore the AW meeting and the summer I avoid the jump racing.

NHF/Madien races where the fav is bigger than 4.00 they can be just crazy.

If a meeting is just awful or crazy volatile than sometimes I will just delete them out of guardian for the rest of the day.

This is what works for me so need to see what works for you.

I used to just delete all these markets out of guardian in the morning but now I always go to the market just to check for opportunity's.