Today's Horse Racing

[beermonsterman]

We grew up in a time when learning to cope with being bored was a skill. This generation are blessed with having so many things to do that they multitask them. The don't have a short attention span they have an intolerance towards boring shit because they have more choice.

+1

[beermonsterman]

Massive drift on fav at Salisbury absolute mad one

[Diggy1884]

Using the setup shown in many video courses, let's delve into a scenario that doesn't incorporate any visual aids such as Racing Tv, Sky Sport Racing, or ITV. We'll focus on the first race of the day.

The favourite (Runner 1) starts off trading at 3.00. As the morning progresses, the price shortens to around 2.16 before rebounding and drifting back to the 3.00 crossover point. There's considerable volume traded at 3.00, with the volume in the cell above 3.00 growing more than that below. However, the majority of the volume has been traded below 3.00, as indicated by the VWAP (Volume-Weighted Average Price) hovering around 2.80.

Runner 2 has spent the morning drifting until a shift in sentiment alters its course. Runner 2 begins moving inward and stabilizes around the 4.00 crossover points. We observe a grey traded range below and an orange traded range above, suggesting its inward journey is echoing that of Runner 1.

Runners 3 and 4 are holding their ground around their respective VWAPs, displaying relative strength. Neither seems to be a complete dud, and the same goes for Runner 2. Interestingly, with Runner 2 being backed more recently than Runner 1, could we argue that it's currently more favoured, or at least that there's some uncertainty surrounding Runner 1?

At the parade ring, Runner 1 (the favourite) continues to trade around 3.00, occasionally fluctuating above this point (possibly trading at 2.98, but with very little volume compared to at 3.05). Runners 2, 3, and 4, all trading below their VWAPs, are receiving some backing.

About 2 minutes to post, a significant lay order on the favourite at 3.05 emerges, standing out from the rest. This buildup of volume happens concurrently with the volume waiting to be matched to lay the favourite. Meanwhile, other runner’s prices are shortening.

The volume continues to build above 3.00, indicating lay pressure, while back pressure is apparent on the other runners.

I would like to ask others what might be your approach in this situation?
How would you think about trading this race?

Thank you

PS: Maybe I should post it elsewhere?

[napshnap]

...

I would like to ask others what might be your approach in this situation?
How would you think about trading this race?

Thank you

PS: Maybe I should post it elsewhere?

Collect months of data, define entry points, if it (on average) beats sp, test it making bets slowly increasing bets size.

[beermonsterman]

...

I would like to ask others what might be your approach in this situation?
How would you think about trading this race?

Thank you

PS: Maybe I should post it elsewhere?

Collect months of data, define entry points, if it (on average) beats sp, test it making bets slowly increasing bets size.

I record my trades using icecream recorder thats the most powerful aid i use has helped me ten fold i now know exactly the set up i need for a decent trade and i found two today which is enough when hit hard but liquidity today has been very poor so sat most out when you record your good trades then you can go back over them and make notes of what caused you to make that trade then repeat next time that set up exposes itself i'm no expert by the way its just what works well for me looking at data is not really my strong point but trading what's on the ladder in front of me i find quite easy best advice is plenty of screen time looking at ladders you will get a feel for them and develop a style only you know and can feel

[beermonsterman]

Using the setup shown in many video courses, let's delve into a scenario that doesn't incorporate any visual aids such as Racing Tv, Sky Sport Racing, or ITV. We'll focus on the first race of the day.

The favourite (Runner 1) starts off trading at 3.00. As the morning progresses, the price shortens to around 2.16 before rebounding and drifting back to the 3.00 crossover point. There's considerable volume traded at 3.00, with the volume in the cell above 3.00 growing more than that below. However, the majority of the volume has been traded below 3.00, as indicated by the VWAP (Volume-Weighted Average Price) hovering around 2.80.

Runner 2 has spent the morning drifting until a shift in sentiment alters its course. Runner 2 begins moving inward and stabilizes around the 4.00 crossover points. We observe a grey traded range below and an orange traded range above, suggesting its inward journey is echoing that of Runner 1.

Runners 3 and 4 are holding their ground around their respective VWAPs, displaying relative strength. Neither seems to be a complete dud, and the same goes for Runner 2. Interestingly, with Runner 2 being backed more recently than Runner 1, could we argue that it's currently more favoured, or at least that there's some uncertainty surrounding Runner 1?

At the parade ring, Runner 1 (the favourite) continues to trade around 3.00, occasionally fluctuating above this point (possibly trading at 2.98, but with very little volume compared to at 3.05). Runners 2, 3, and 4, all trading below their VWAPs, are receiving some backing.

About 2 minutes to post, a significant lay order on the favourite at 3.05 emerges, standing out from the rest. This buildup of volume happens concurrently with the volume waiting to be matched to lay the favourite. Meanwhile, other runner’s prices are shortening.

The volume continues to build above 3.00, indicating lay pressure, while back pressure is apparent on the other runners.

I would like to ask others what might be your approach in this situation?
How would you think about trading this race?

Thank you

PS: Maybe I should post it elsewhere?

My take on this would be relevant for automation if your trying to automate stuff from ladder if your cold trading like i do record your trades go over your good trades and then start to work on data as its all their on your recording i hope that helps some but i'm not a pro and maybe miles away from what your looking for what worked for may not for you but data span my head off so i went back to basics and cazam everything started to clear and now i try reading data at specific times and it all makes sense plenty of ladder screen time data crunch later the way it worked for me was screen time first then all the rest will start to make sense

[napshnap]

...

I would like to ask others what might be your approach in this situation?
How would you think about trading this race?

Thank you

PS: Maybe I should post it elsewhere?

Collect months of data, define entry points, if it (on average) beats sp, test it making bets slowly increasing bets size.

I record my trades ...

I meant boring raw data collected by api or bought form betfair (very expensive option) to play later with by excel, stats programs or some selfmade tools (like Goat does). But, as you say - it's not what turns you on, so I wash my hands of.

[Diggy1884]

Thank you for the responses.

[Michael5482]

Looking forward to Royal Ascot starting today. I know horse racing in general has issues and needs work but Royal Ascot takes some beating for a sporting event, up there with the best of them.

Get a few bets on when the paperboy delivers me racing post

[beermonsterman]

I like my usual days trading pre race but wouldnt have a clue how to trade ascot i believe its scalpers paradise but i cant scalp for chips i hope i manage to get a few ticks from my usual trading markets if ascot dont kill them for liquidity ? Has anyone traded other meetings during ascot or do you not bother ?
Ive watched videos on trading ascot and i cant get my head around it maybe one day i hope to maybe saterday ill have a go at it in practice mode if nothing else is tradeable

[Michael5482]

I like my usual days trading pre race but wouldnt have a clue how to trade ascot i believe its scalpers paradise but i cant scalp for chips i hope i manage to get a few ticks from my usual trading markets if ascot dont kill them for liquidity ? Has anyone traded other meetings during ascot or do you not bother ?
Ive watched videos on trading ascot and i cant get my head around it maybe one day i hope to maybe saterday ill have a go at it in practice mode if nothing else is tradeable

Why not trade a jockey or a trainer? Watch the races as soon as Frankie bangs his 1st winner in back his next ride as soon as he crosses the line? Trade the top trainers AB/Gosdens/Godolphin etc. Who's got the best rides? Back Frankie's last last ever ride at Ascot now for example. The Opening show has just started on ITV4 and there all over Frankie within 30 seconds.

Maybe a bit rich from me offering advice as I don't trade racing just bet for pleasure but it appears to be a lot like football under certain conditions. Follow and anticipate the herd mentality would be where I would be starting. People are very predictable.

[beermonsterman]

I like my usual days trading pre race but wouldnt have a clue how to trade ascot i believe its scalpers paradise but i cant scalp for chips i hope i manage to get a few ticks from my usual trading markets if ascot dont kill them for liquidity ? Has anyone traded other meetings during ascot or do you not bother ?
Ive watched videos on trading ascot and i cant get my head around it maybe one day i hope to maybe saterday ill have a go at it in practice mode if nothing else is tradeable

Why not trade a jockey or a trainer? Watch the races as soon as Frankie bangs his 1st winner in back his next ride as soon as he crosses the line? Trade the top trainers AB/Gosdens/Godolphin etc. Who's got the best rides? Back Frankie's last last ever ride at Ascot now for example. The Opening show has just started on ITV4 and there all over Frankie within 30 seconds.

Maybe a bit rich from me offering advice as I don't trade racing just bet for pleasure but it appears to be a lot like football under certain conditions. Follow and anticipate the herd mentality would be where I would be starting. People are very predictable.

Yes good advice i was considdering that being an option as cold trading ascot i find allmost impossible as its too slow so yes money should come for the above mentioned thank you

[Michael5482]

I like my usual days trading pre race but wouldnt have a clue how to trade ascot i believe its scalpers paradise but i cant scalp for chips i hope i manage to get a few ticks from my usual trading markets if ascot dont kill them for liquidity ? Has anyone traded other meetings during ascot or do you not bother ?
Ive watched videos on trading ascot and i cant get my head around it maybe one day i hope to maybe saterday ill have a go at it in practice mode if nothing else is tradeable

Why not trade a jockey or a trainer? Watch the races as soon as Frankie bangs his 1st winner in back his next ride as soon as he crosses the line? Trade the top trainers AB/Gosdens/Godolphin etc. Who's got the best rides? Back Frankie's last last ever ride at Ascot now for example. The Opening show has just started on ITV4 and there all over Frankie within 30 seconds.

Maybe a bit rich from me offering advice as I don't trade racing just bet for pleasure but it appears to be a lot like football under certain conditions. Follow and anticipate the herd mentality would be where I would be starting. People are very predictable.

Yes good advice i was considdering that beinv an option as cold trading ascot i find allmost impossible as its too slow so yes money should come for the above mentioned thank you

I was just giving them as examples but they make sense to me as to what the majority would do with there money. I suppose another main consideration would be the weather and change in ground conditions. Plenty of angles to consider anyway.

Good luck with your trading for the week.

[beermonsterman]

Why not trade a jockey or a trainer? Watch the races as soon as Frankie bangs his 1st winner in back his next ride as soon as he crosses the line? Trade the top trainers AB/Gosdens/Godolphin etc. Who's got the best rides? Back Frankie's last last ever ride at Ascot now for example. The Opening show has just started on ITV4 and there all over Frankie within 30 seconds.

Maybe a bit rich from me offering advice as I don't trade racing just bet for pleasure but it appears to be a lot like football under certain conditions. Follow and anticipate the herd mentality would be where I would be starting. People are very predictable.

Yes good advice i was considdering that beinv an option as cold trading ascot i find allmost impossible as its too slow so yes money should come for the above mentioned thank you

I was just giving them as examples but they make sense to me as to what the majority would do with there money. I suppose another main consideration would be the weather and change in ground conditions. Plenty of angles to consider anyway.

Good luck with your trading for the week.

Thank you i apreciate your advice ill keep you updated on how i get on .

[ShaunWhite]

or do you not bother ?

The opposite (when I used to trade manually), Ascot just didn't do much for me, and everything else traded like a fairly normal weak market. Stick to what suits you rather than being swept along with the hype. Or take a few days off, you don't have to work 365 days a year.