Yes, you're right that would be better, though sods law if I've not entered my lay they so often don't seem to shorten (paranoia and annoyance inducing!).wearthefoxhat wrote: ↑Sun Jun 27, 2021 1:28 pmSounds like you're able to identify a poor/losing runner.stueytrader wrote: ↑Sun Jun 27, 2021 1:14 pmSeriously considering whether my trading should be avoided altogether when I want to lay.
The number of my selections that get backed by the market but still run poorly is very frustrating.
Good example yesterday look at Curragh 5.55 - Peregrine Run my lay selection.
Horse is trading around 17.0-19.0 range, where I've laid intending to trade, it does briefly enter the 20's ranges, but then most oddly is crashed back into as low as 9.6!
Of course that ruins my lay trade. However, as I predicted, in terms of the race it finishes unplaced 8th position.
Do backers want to give their money away or something in these cases??
Maybe, wait for confirmation of the price, when it starts to steam, then you can lay it at shorter odds. Better than Laying it at bigger odds.
Cos it steams, it doesn't mean it's smart money...probably the dumb money.
I'm just not sure why so many horses shorten (steam even) when there is little reason for it! I knew the above horse very well from previous historical analysis. Maybe I knew too much, because dumb backers wanted to waste money on it, as you suggest - dumb money appears for some reason at times.
