So, yes?I've been trading professionally for 3 years full time. 2 part time before that!
Today's Horse Racing
I always have a plan when I trade a market, however, I let the market tell me what it wants to do rather than follow a strict set of trading rules. Knowing what the market wants to do and being able to trade it are 2 different things though! Especially when real money and fill rate is so low.
its because people are trying to push the market where it probably wants to go but when it doesn;t go they then get out. This causes a very quick reversal you can;t get on or out of. The attached graph from earlier today is typical of what is happening.
The markets are so thin at the moment I am finding the best strategies are the back to lay,lay to back strategies. I don;t particularly like them but because they are dictated by race position rather than liquidity they are proving to be fairly consistent.
The markets are so thin at the moment I am finding the best strategies are the back to lay,lay to back strategies. I don;t particularly like them but because they are dictated by race position rather than liquidity they are proving to be fairly consistent.
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