I am relatively new to the trading scene and am putting in the time and practice to learn as much as i can before potentially going at it at a proper level.
I was fortunate to be off work today and was salivating at the opportunity to watch the markets and trade small stakes for Royal Ascot!
I dabbled a little and came away with a level bank! I appreciate this should be celebrated in the trading world and i do feel rather pleased..
However..
I looked at Peter's Twitter account to see his result on the Kingman race! Very nice and one that is expected for such an experienced trader.
That race for me was the best result i had but this was all down to the fact that as an avid racing fan i knew Kingman's odds were too big at 1.9. I entered the market and waited for that to drop before the off. It dd and i greened up.
What i am trying to understand is whether professional traders wait for a visual move in the market before entering or whether a lot of the results come from a good understanding of the horse/trainer/jockey?
Sorry to have waffled. I love everything about this trading world and want to learn as much as possible!
Any help or advice would be very much appreciated!
Leon.
