to75ne wrote:Post by sweetybt » Sat Oct 02, 2010 9:13 pm
you will get away with it exactly in relation to the horse's chance of winning.
nothing more nothing less.
If you’re going to let trades go in play, then you may as well gamble.
.
Which i have to agree with totally. When you think about it logically the majority of us on here i assume pre trade. When you gamble on a horse you are going by chance of the form book, when you trade you are gambleing on a price movement(s) but the difference is that the indicators you have that this will happen are a bit more stronger than a form book. I must admit i have now turned to purley pre trade racing,after seeing my bank on in play trading go from £500 - to £1700 then back to £656.76. Ok i done ok in the start but after reading alot of Forex stuff etc it shows you that there is no risk control. I started pre race trading now and all the stuff i took from Peters course are now comming to into play since Febuary of this year. I know it is because i traded 5 races in a row (both strategies) and have noticed how fast the bank grows, this is where i suppose the redding up is controlling the risk rather than have it open on chance of a book that is just full of satistics rather than sound or relative fact.
