Today's Horse Racing

[Black Ice]

I find Euler's comments on here during the trading day really useful. It's like a teacher nudging you in the right direction..but without being prescriptive. Like "Lingers...maybe leave the favs"..that would have been mightily helpful had i read it at the time!! Thanks Euler.

[Naffman]

The quality of racing I presume

Sure, and what indicates this?

The amount of prize money and the amount of higher rated horses participating

[Euler]

Too many races on the card today

[Euler]

I am right in saying that Conditional Stakes are weighted.. like handicaps?

https://en.wikipedia.org/wiki/Conditions_races

[iambic_pentameter]

Too many races on the card today

It's interesting that when I began this journey last summer, I would have seen the 55 (UK & IRE) races on today's card and thought that trading them all would be beneficial.

I've just gone through the card and pared it down to just 17 races and I suspect I wont get involved with all of those, either.

As has been said on here many times:

"Less is more"

Hope everyone has a good session today.

[Thebest147]

Too many races on the card today

It's interesting that when I began this journey last summer, I would have seen the 55 (UK & IRE) races on today's card and thought that trading them all would be beneficial.

I've just gone through the card and pared it down to just 17 races and I suspect I wont get involved with all of those, either.

As has been said on here many times:

"Less is more"

Hope everyone has a good session today.

That is brilliant advice,only get involved when you have a more then 80% chance of winning,and just let peter and the top boys take money off the newbies and trigger happy traders,

[Thebest147]

I think it would be,beneficial if you have an idea of what works for you,and load it up in a bot,and have the bot active 15mins before the off,have the bot monitor the market and when your trading idea is flagged up with a whistle noise,then have the bot to jump to that market of interest,and then you will not,repeat will not get involved in maybe trades that you know you should not be trading,but you where bored and just thought sure why not,they are the ones that will hurt you in the long run,

just my way of doing things,

regards ollie

[ernie120488]

Too many races on the card today

It's interesting that when I began this journey last summer, I would have seen the 55 (UK & IRE) races on today's card and thought that trading them all would be beneficial.

I've just gone through the card and pared it down to just 17 races and I suspect I wont get involved with all of those, either.

As has been said on here many times:

"Less is more"

Hope everyone has a good session today.

How do you choose your races? I'm in that exact position in that I feel I have to trade every single race. When there are lots of races I see it as a great chance to practise.

[invisiblelayer]

You tend to start with one strategy, feel you understand it well then layer new ones on top of it. Eventually you reach the point where you will reach a market and know which one will suit. It's all about the execution at that point.

Also for me looking for swings a big key is sitting on a position, having the patience to get more out, execution is everything! Was so easy starting out to trade out with half decent total as never had the patience and doubts kick in and all sort or weird thoughts!

[iambic_pentameter]

Too many races on the card today

It's interesting that when I began this journey last summer, I would have seen the 55 (UK & IRE) races on today's card and thought that trading them all would be beneficial.

I've just gone through the card and pared it down to just 17 races and I suspect I wont get involved with all of those, either.

As has been said on here many times:

"Less is more"

Hope everyone has a good session today.

How do you choose your races? I'm in that exact position in that I feel I have to trade every single race. When there are lots of races I see it as a great chance to practise.

Hi Ernie

When I started, I was given some good advice about watching all the markets so you get a feel for them.

Over time, I was able to identify that I perform better in some than I do in others.

For me, I know that if I did try and trade 55 races, I'd end up with some eye-watering losses.

The other point to keep in mind - as has been said by a lot of the full time traders on here - you can't use a single approach on every market. For example, a maiden will trade differently from a competitive handicap.

Best of luck with it.

Iambic

[aines88]

Too many races on the card today

It's interesting that when I began this journey last summer, I would have seen the 55 (UK & IRE) races on today's card and thought that trading them all would be beneficial.

I've just gone through the card and pared it down to just 17 races and I suspect I wont get involved with all of those, either.

As has been said on here many times:

"Less is more"

Hope everyone has a good session today.

How do you choose your races? I'm in that exact position in that I feel I have to trade every single race. When there are lots of races I see it as a great chance to practise.

Hi Ernie

I used to get the same feelings of wanting to get involved in every race possible as I was so keen to learn / get as much experience as I could. I realised after some time that I was trying to force trades for the sake of experience and therefore losing money. After taking a step back I figured out patience was needed, there's no rush to become a super trader. I now only put on trades when I see the signals for my edges and the rest of the time I do nothing but observe. That was a major step for me.

Hope this helps.

Aines

[CLOWNSHOES]

Too many races on the card today

It's interesting that when I began this journey last summer, I would have seen the 55 (UK & IRE) races on today's card and thought that trading them all would be beneficial.

I've just gone through the card and pared it down to just 17 races and I suspect I wont get involved with all of those, either.

As has been said on here many times:

"Less is more"

Hope everyone has a good session today.

How do you choose your races? I'm in that exact position in that I feel I have to trade every single race. When there are lots of races I see it as a great chance to practise.

If youre just getting screen hours and having a go at everything while you learn this spreadsheet might help you identify where youre strongest/weakest.

http://betfairtradingmindgames.blogspot ... -here.html

[ernie120488]

Cheers lads

[spreadbetting]

......................


That is brilliant advice,only get involved when you have a more then 80% chance of winning,and just let peter and the top boys take money off the newbies and trigger happy traders,

80% chance? As long as your average wins outweight your losses anything over 50% chance is fine by me

They'll always be market condition where you'll excel but that doesn't mean you won't be able to master other market condition or come up with new strategies. The more time you spend in the marets the more quirks you begin to spot in all market types. Maybe it's my botting background but I'll rarely exclude markets as the old saying goes 'you've gotta be in it to win it'.

[Naffman]

Musselburgh and Haydock look the best cards today, shame Kempton is stuck 5 mins in front of Haydock though!