The last few minutes of these markets you need to be careful with as you get huge sudden moves as the "big boy traders" pull their unmatched money from the market leaving people with exposure leap frogging each other trying to bail.
It happened in the first and it will happen again and again this week.
You have been warned.
Cheltenham 2020
- wearthefoxhat
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- Joined: Sun Feb 18, 2018 9:55 am
Good advice.PDC wrote: ↑Tue Mar 10, 2020 1:40 pmThe last few minutes of these markets you need to be careful with as you get huge sudden moves as the "big boy traders" pull their unmatched money from the market leaving people with exposure leap frogging each other trying to bail.
It happened in the first and it will happen again and again this week.
You have been warned.
Does the actual total matched volume accelerate massively in the final 2-3mins? If so by what factor? I don't have the data that you can lay your hands on, it would be interesting to hear by what factor it increases. Volatility always seems to accelerate but obviously that isn't the same as money flooding in.
People will be closing out positions obviously but having been to Cheltenham, most of the oncourse betting and I would think the off course has all been done way before the 2 minute mark.
If you are leaving it until 2 minutes out on course you can forget watching the race from any decent view point. Oncourse when I was there was almost dead in the last couple of minutes.
- wearthefoxhat
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