Today's Horse Racing

[Jukebox]

Does anyone can help please? I'd like to display in Guardian the number of selections (like Peter tweeted yesterday).

How did you add custom columns to Guardian with Stored Values like this? I cannot find that anywhere

I think PW might be test driving some forthcoming new features

[goat68]

I just don't get I it I was convinced Carl 15:22 'Here we have it' was being backed at 2.56 based on price action and other runners, I then proceeded to chase the price out trying to close out, end with a loss 3 times my days total profit !
Probably ought to have just dumped rather than attempt a careful exit.

There's no easy answer to avoiding big losses other than avoiding the trade in the first place!

[smallplayer]

Hi Goat. Maybe try to only enter when the market is paused at some price point. If you do this at the right time, then when the money decides what way it wants it to go, you can either instantly get out asap (ensuring a normal small loss), or try to max the move if it goes your way. Hope this helps somewhat.

[to75ne]

Hi Goat. Maybe try to only enter when the market is paused at some price point. If you do this at the right time, then when the money decides what way it wants it to go, you can either instantly get out asap (ensuring a normal small loss), or try to max the move if it goes your way. Hope this helps somewhat.

maybe goat should just knock it on head, would appear to have zero aptitude for trading horse racing, its like a scratched record.

[goat68]

Hi Goat. Maybe try to only enter when the market is paused at some price point. If you do this at the right time, then when the money decides what way it wants it to go, you can either instantly get out asap (ensuring a normal small loss), or try to max the move if it goes your way. Hope this helps somewhat.

Thanks smallplayer, you're right there I think I got on too early, although it was at 3mins, and not letting it pause and decide. I also simply miss read it, I read some big bets at that price as genuine money, in fact I think it was traders just getting out of their back trades, so those spikes in volume were in fact a clue to lay, not back...!

[goat68]

Hi Goat. Maybe try to only enter when the market is paused at some price point. If you do this at the right time, then when the money decides what way it wants it to go, you can either instantly get out asap (ensuring a normal small loss), or try to max the move if it goes your way. Hope this helps somewhat.

maybe goat should just knock it on head, would appear to have zero aptitude for trading horse racing, its like a scratched record.

I like your reverse psychology! Don't worry, I won't give up. Careful though those scratched records are very annoying!!

[to75ne]

Hi Goat. Maybe try to only enter when the market is paused at some price point. If you do this at the right time, then when the money decides what way it wants it to go, you can either instantly get out asap (ensuring a normal small loss), or try to max the move if it goes your way. Hope this helps somewhat.

maybe goat should just knock it on head, would appear to have zero aptitude for trading horse racing, its like a scratched record.

I like your reverse psychology! Don't worry, I won't give up. Careful though those scratched records are very annoying!!

not reverse psychology, an opinion based on the evidence you have presented.

[goat68]

maybe goat should just knock it on head, would appear to have zero aptitude for trading horse racing, its like a scratched record.

I like your reverse psychology! Don't worry, I won't give up. Careful though those scratched records are very annoying!!

not reverse psychology, an opinion based on the evidence you have presented.

Fair enough

[smallplayer]

Wait till you see it pause somewhere at 2 or 3 mins or less, better if at some large number..pick a side to be on (doesn't matter much which in the long haul tbh imo)..get order matched or jump in if it goes..if you're wrong, get out asap, no questions asked, every time without fail..if you're right, let it run as long as you can till it hits next big number, then see what it does there..if it looks like its gonna come back, start exiting..if it looks like it may continue, only exit some and let rest run till next big number..once going your way, take eyes of your horse and watch other ladders to ensure they are going the right way for your move to continue..do all that and you cannot lose money

ps by large number, i am trying to say importnt number like 2.5 or 3.25..you know what i mean i hope

[goat68]

Wait till you see it pause somewhere at 2 or 3 mins or less, better if at some large number..pick a side to be on (doesn't matter much which in the long haul tbh imo)..get order matched or jump in if it goes..if you're wrong, get out asap, no questions asked, every time without fail..if you're right, let it run as long as you can till it hits next big number, then see what it does there..if it looks like its gonna come back, start exiting..if it looks like it may continue, only exit some and let rest run till next big number..once going your way, take eyes of your horse and watch other ladders to ensure they are going the right way for your move to continue..do all that and you cannot lose money

ps by large number, i am trying to say importnt number like 2.5 or 3.25..you know what i mean i hope

You make an interesting point, 'doesnt matter which (direction)', as you know a lot of my worst losses are when I feel more sure I've got the direction right!! Then I start to realise that and try and trade the opposite which ends up just as bad!
So yeah, watch a late pause, enter and concentrate more on trade management
Cheers SP

[HorseDark]

I just don't get I it I was convinced Carl 15:22 'Here we have it' was being backed at 2.56 based on price action and other runners, I then proceeded to chase the price out trying to close out, end with a loss 3 times my days total profit !
Probably ought to have just dumped rather than attempt a careful exit.

There's no easy answer to avoiding big losses other than avoiding the trade in the first place!

If I remember correctly, 'Here we have it' was coming in before the last race had ended, and went out just as the last race was ending. The close second favourite went out before the last race had ended, and had reached a stable price just as the last race was ending.

The actual ending of the last race was significant to what happened next...

Did you screen record the market?

[smallplayer]

The pause has happened because it has reached some point where it must decide what way to go. When the big money comes, it decides which way that is. If you are confidant of the direction then it is better to have your bets on and matched before the move begins. But if you are unsure which direction that will be, then you have to wait to see evidence and try to jump in very quickly. The secret here is to cut very quickly when wrong, but to take your hands of it when right and let it run. If you are right half the time then you will be in profit since you are gonna win more than you lose. This requires lots of practise Goat as our brains wanna do the exact opposite, ie, the old brain wants to take a small profits to lock in but is willing to endure a big loss in the hope it will come back. You have to reverse that way of thinking or you will never really advance. Like I say, if it goes for you, take hands of mouse and let it run to next important number and see what happens there.

[goat68]

I just don't get I it I was convinced Carl 15:22 'Here we have it' was being backed at 2.56 based on price action and other runners, I then proceeded to chase the price out trying to close out, end with a loss 3 times my days total profit !
Probably ought to have just dumped rather than attempt a careful exit.

There's no easy answer to avoiding big losses other than avoiding the trade in the first place!

If I remember correctly, 'Here we have it' was coming in before the last race had ended, and went out just as the last race was ending. The close second favourite went out before the last race had ended, and had reached a stable price just as the last race was ending.

The actual ending of the last race was significant to what happened next...

Did you screen record the market?

You're spot on! It was 2nd fav and had been coming in down to 2.5, I was watching previous race and it was just about to finish, but my eye was taken by the large bets, which as I said I miss read, and I did pull the trigger slightly early

Didn't hit record

[HorseDark]

You're spot on! It was 2nd fav and had been coming in down to 2.5, I was watching previous race and it was just about to finish, but my eye was taken by the large bets, which as I said I miss read, and I did pull the trigger slightly early

Didn't hit record

Yeah, It's generally very easy to miss read the market before the last race has ended...

[SentaPua]

You spot on. Looks like this feature isn't available yet.