WOM

[PeterLe]

Hi All,
Looking for some advice...
If you refer to the image attached..

You could argue that the money available at points A and F 'could' be spoof money...and that the money available at C and D were genuine.

So bearing this in mind, so if you were trying to determine a more accurate representation of the WOM for each the back and lay, you could apply a "weighting" to each price, for example :

A&F = Outer = 20%
B&E = Mid = 30%
C&D = Inner = 50%

Rather than 33% for each..

My question is: What three percentage figures would you consider for Outer; Mid and Inner?

Would be interested in your thoughts..
Thanks
Peter

[Euler]

I tend to look at WOM over the longer term to form a picture. I ignore any amounts that look like they are being spoofed. If I see something that is being manipulated I will often switch runners if it persists as I will not be able to work out where I am in the queue.

[Iron]

By the longer term, what period are you referring to?

BTW, do you think there would be any value in including wom on the Guardian graphs, so you can see at a glance how it changed over the previous (say) 5 minutes?

Jeff

I tend to look at WOM over the longer term to form a picture. I ignore any amounts that look like they are being spoofed. If I see something that is being manipulated I will often switch runners if it persists as I will not be able to work out where I am in the queue.

[LeTiss]

I have my WOM set at 45-45-10

I used to be influenced too much by money on the outside. After a while I came to the conclusion that a lot of it was spoof, so I altered my WOM & it's always worked well for me

[johnomahony77]

how do you adjust the % of WOM. do u use the WOM on the trading ladders

i am newish so forgive me if the questions are a bit off