Id like to hear under what circumstanses, people decide to swingtrade or scalp.
Personally i think, that low odds, are good for swingtrading, as the impact on low odds are huge when a outsider starts to steam, or if there are two clear favorites in a race, if one goes up then the other goes down, also maiden races with odds around 3 can produce a nice steam.
Odds above 4 is in my opinion the best to scalp.
I know there are as many opinions as ther are traders, so lets hear them.
Sry for my english, im danish.
When to scalp and When to swingtrade
If you use the market overview screen we have put a risk meter in there which will tell you how volatile a market is compared to how it acts historically. This is a useful measure as setting an arbitrary level can sometimes catch you out when the market is quite volatile. No two markets are exactly the same.
I think in recent years the market has become more 'swingy' that it used to be. It doesn't take much to get the price moving in either direction now and people seem to chase it a lot.
I think in recent years the market has become more 'swingy' that it used to be. It doesn't take much to get the price moving in either direction now and people seem to chase it a lot.
So to use the Risk Meter correctly you look at previous activity in the market (say for instance it has been very static so far) and if the Risk Meter indicates it should be volatile then this is a prediction of the future of the market compared to the past of the market, rather than just an assessment of how the market should act over the whole of its lifespan?Bet Angel wrote:If you use the market overview screen we have put a risk meter in there which will tell you how volatile a market is compared to how it acts historically. This is a useful measure as setting an arbitrary level can sometimes catch you out when the market is quite volatile. No two markets are exactly the same.
I think in recent years the market has become more 'swingy' that it used to be. It doesn't take much to get the price moving in either direction now and people seem to chase it a lot.
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BLUFFdisko
- Posts: 30
- Joined: Sun May 17, 2009 11:34 am
Thanks for your replys.
Regarding the riskmeter, i think im beginning to spot a trend, Please correct me if im wrong.
If the riskmeter is up in the red field the odds tend to drift, and if it is in the green field it tend to steam, ofcourse it dosent behave like this all the time, but more often then not.
Could one say that it is the layers that makes the market volitile, so if there is a lot of layers the, riskmeter is up in the green feild, and if not it is in the red field
Regarding the riskmeter, i think im beginning to spot a trend, Please correct me if im wrong.
If the riskmeter is up in the red field the odds tend to drift, and if it is in the green field it tend to steam, ofcourse it dosent behave like this all the time, but more often then not.
Could one say that it is the layers that makes the market volitile, so if there is a lot of layers the, riskmeter is up in the green feild, and if not it is in the red field
The risk meter measure what has happened in the current market and compares it to similar markets in the past. If the meter is in the red that indicates the market is very volatile compared to similar markets. If it is green they it is saying that the market is very stable in comparison to similar markets.