Hi I have watched the videos on scalping using the one click screen and it looks so easy. In the video he clicks a back and instantly a lay price is matched and he is in the green.
No matter how many times I do this 99% of the time it instantly goes red! I do make profit on some races as it will eventually go green.
How come every time he clicks in the video.it goes green within a second!?
Hope someone can help.
Thanks
Matt
scalping using one click
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JollyGreen
- Posts: 2047
- Joined: Sat Mar 21, 2009 10:06 am
Matt
You need to choose your market very carefully. Ideally a competitive race which in turn offers a competitive market. A handicap with no clear cut favourite is often best. You can use Listed, Group races so long as the favourite isn't too short. The front 4 horses should be close in price e.g. 4.5 5.5 5.8 6.2 You also need to ensure the market is at full flow in terms of money. If you join and then the money comes you will find yourself in trouble.
The meeting at Epsom starts tomorrow and that should provide high volume markets which are more stable and therefore improve your chance of a decent scalp.
JG
You need to choose your market very carefully. Ideally a competitive race which in turn offers a competitive market. A handicap with no clear cut favourite is often best. You can use Listed, Group races so long as the favourite isn't too short. The front 4 horses should be close in price e.g. 4.5 5.5 5.8 6.2 You also need to ensure the market is at full flow in terms of money. If you join and then the money comes you will find yourself in trouble.
The meeting at Epsom starts tomorrow and that should provide high volume markets which are more stable and therefore improve your chance of a decent scalp.
JG
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JollyGreen
- Posts: 2047
- Joined: Sat Mar 21, 2009 10:06 am
Flatcaps
You can start 5-10 minutes out if you want BUT....when the preceding race finishes it is unlikely the market will remain stable so you should close any positions. Wait for the market to settle and then try again if conditions suit
JG
EDIT : The reason I say this is simple. When the money is slowly trickling into the market, prices should remain stable. Obviously you run the risk of someone placing a large order but that is trading. When the preceding race finishes, people will turn their attention to your market and when that happens the money will move the prices. Many fall into the trap of waiting in the belief previous activity suggests a return but sadly this doesn't often materialise and a loss grows. If you are in the market and it starts to move then unless your order is on the correct side, I strongly advise you to cut out and take the small loss. By correct side I mean you have backed and it is shortening or vice versa you have laid and it is drifting. You can hang onto the winning position and grab as much profit as possible.
Yes, Sod's Law means when you cut out it will return but trust me it will clear off over the horizon more often than it returns!
You can start 5-10 minutes out if you want BUT....when the preceding race finishes it is unlikely the market will remain stable so you should close any positions. Wait for the market to settle and then try again if conditions suit
JG
EDIT : The reason I say this is simple. When the money is slowly trickling into the market, prices should remain stable. Obviously you run the risk of someone placing a large order but that is trading. When the preceding race finishes, people will turn their attention to your market and when that happens the money will move the prices. Many fall into the trap of waiting in the belief previous activity suggests a return but sadly this doesn't often materialise and a loss grows. If you are in the market and it starts to move then unless your order is on the correct side, I strongly advise you to cut out and take the small loss. By correct side I mean you have backed and it is shortening or vice versa you have laid and it is drifting. You can hang onto the winning position and grab as much profit as possible.
Yes, Sod's Law means when you cut out it will return but trust me it will clear off over the horizon more often than it returns!
JollyGreen wrote:Flatcaps
You can start 5-10 minutes out if you want BUT....when the preceding race finishes it is unlikely the market will remain stable so you should close any positions. Wait for the market to settle and then try again if conditions suit
JG
EDIT : The reason I say this is simple. When the money is slowly trickling into the market, prices should remain stable. Obviously you run the risk of someone placing a large order but that is trading. When the preceding race finishes, people will turn their attention to your market and when that happens the money will move the prices. Many fall into the trap of waiting in the belief previous activity suggests a return but sadly this doesn't often materialise and a loss grows. If you are in the market and it starts to move then unless your order is on the correct side, I strongly advise you to cut out and take the small loss. By correct side I mean you have backed and it is shortening or vice versa you have laid and it is drifting. You can hang onto the winning position and grab as much profit as possible.
Yes, Sod's Law means when you cut out it will return but trust me it will clear off over the horizon more often than it returns!
Thanks JG for your explanation and it's common sense what you have explained. I am not new to horse racing but I am new to using "bots". I am used to Betfair betting and realise that I haven't got the speed to get my bets matched most of the time and that is why I decided to try betangel trader.
Thanks again JG,
flatcaps.