low risk trading

[dogtown123]

hello

i am new to bet angel, but am very keen in joining

i have watched all the videos on youtube and came across this one

http://www.youtube.com/watch?v=832fLBc8PkI&feature=fvw

could someone please explain to me why this is so easy and why its a low risk trade

if you look at the video at 3.50 seconds

he says that alwaary is drifting out, meaning the odds are going up

and starts trading, is this a good thing when the odds go up ?

and again at 5:06

he seems quite keen on trading when the odds are going up ?

could someone please explain

thanks

[Alpha322]

hello

i am new to bet angel, but am very keen in joining

i have watched all the videos on youtube and came across this one

http://www.youtube.com/watch?v=832fLBc8PkI&feature=fvw

could someone please explain to me why this is so easy and why its a low risk trade

if you look at the video at 3.50 seconds

he says that alwaary is drifting out, meaning the odds are going up

and starts trading, is this a good thing when the odds go up ?

and again at 5:06

he seems quite keen on trading when the odds are going up ?

could someone please explain

thanks

If you can answer this question then you will understand trading

I buy a house of you at market value of £200,000
The market then go,s up because of econimic growth (peoples opinion about a horse will loose in our case)
I then Sell the House for £300,000 how much have i made, thats my trade

[dogtown123]

so basicly the way to always win whilst trading, is to make sure that e.g the favouret horse is having alot of money put on it, which makes the odds of the second favouret go up in your favour, whilst backing it and having the fill and kill and help you, you will always get a profit ?

thanks

[harvard16]

DT,

You are not getting this very well, if something is going up, ie drifting you don't want to back it, you want to lay it and then back it later at higher odds, think of it as laying = buying and backing = selling , you can do them in any order and will make a potential profit if you back at a higher price than you lay.

[dogtown123]

thank you for your help

so if the odds are going up, you lay it, then back it a little later

and if the odds are going down, you back it, then lay it

yes ?

[Exacta]

That's right, lay first if the odds are going up and back if you think they are going down.

What's going on in the video is he appears to be following a trend but opening the trade against that trend.

[rhysmr2]

Yeah dogtown, It's not as simple as it sounds though as you will learn, the markets move and change direction very fast and will catch you out, they are hard to read and for me (and most) it takes years to become consistent, that's if they can at all! It's a very hard game.

I'm not trying to scare you off, just letting you know if you want to make consistent profit you are in for a very long and hard learning experience.

The best thing you can do is read through the newbie part of the forum, watch all the vids you can find online, invest in Bet Angel and using small stakes just practice, practice and practice.