back to lay problems

[mawer68]

Hi i am fairly new to all this but have been having some succsess with back to lays in play recently but the last two days have been my worst since i started and has hit my confidence and profits what i would like to ask any of you that trade regular do you think i have struggled because its been york and sandown galloping tracks that are not really favourable to front runners (back to lays ) and this is factoured into the price movement or am i just clutching at straws

[Dallas]

All courses have their own characteristics so some will suit certain strategies over others, if you keep good records of your trades over time you will build up a decent picture of were its likely to work best

[ShaunWhite]

You could just be seeing a certain amount of normal varience. The recent results might be a dip or perhaps your strategy has been over performing until now. Also, as Dallas suggested keep track of your results and look for what's working best, might be different courses or race types or distances etc

[Bluesky]

Hi i am fairly new to all this but have been having some succsess with back to lays in play recently but the last two days have been my worst since i started and has hit my confidence and profits what i would like to ask any of you that trade regular do you think i have struggled because its been york and sandown galloping tracks that are not really favourable to front runners (back to lays ) and this is factoured into the price movement or am i just clutching at straws

It is very tempting to extrapolate performance from just a few results, this can happen both on the up side and the down side. Your thoughts regarding Sandown and York seem reasonable to me. Perhaps reduce your stake or even use practise mode for a few days until you can regain your confidence in your methodology.

Obviously if you continue to lose money then that can also help you long term, in that you might be able to see something that you can change which can drastically improve your results. Its fairly unusual for someone to come up with something that is profitable long term straight from the get go.

What often happens is that they start off making money, think all this is easy and start working out when they will be able to pack in work and trade from the Bahamas. In most cases they have just been on a run of good luck, but long term unless they tweak their system, they are actually going to lose money.

There are some very extremely helpful people on this forum, although they wont give you their system (and neither should they), they will provide you with some ideas that might help you improve yours.