Drifter/Steamer statistics

The sport of kings.
GeorgeRuss
Posts: 14
Joined: Sat Dec 03, 2022 9:35 am

Fugazi wrote:
Wed Dec 04, 2024 5:10 pm
GeorgeRuss wrote:
Wed Dec 04, 2024 2:25 pm
ilovepizza82 wrote:
Wed Dec 04, 2024 9:22 am


The same you could say about the steamer. If it steams then it does it for a reason. Either its some sort of inside info or because the horse just looks so awesome :D
Still has to win the race which is much harder than losing a race
True, but rookie logic
I would want to be laying a steamer over backing a drifter all day long… opinions make markets I suppose, good luck with your automation
Fugazi
Posts: 935
Joined: Wed Jan 10, 2024 7:20 pm

Kai wrote:
Wed Dec 04, 2024 6:24 pm
Fugazi wrote:
Wed Dec 04, 2024 5:10 pm
Kai wrote:
Wed Dec 04, 2024 9:34 am


Wait for a retracement

Or you'll just catch a reversal

But the idea is upside > downside
I know what automation Im making this weekend 😅
Just my universal rule of thumb as preoff trends go, from a manual POV, some of the trading examples I posted were exactly that

But even as a footy trader I'm not blind to the daily prerace opportunities, despite the trading windows there shortening

However, I do feel that order flow trading overall is slowly becoming a lost art
I suspect order flow just got harder as people squeezed the liquidity from it as knowledge and tools improved

Markets will always be inefficient so just means a change in strategy needed. I'm managing about £30 a day preoff with automation but struggling to scale any further. I suspect the bigger money now might be inplay where the market just cant be efficient as robots can't mechanically respond to what is being seen on the TV
GeorgeRuss
Posts: 14
Joined: Sat Dec 03, 2022 9:35 am

Fugazi wrote:
Thu Dec 05, 2024 12:51 pm
Kai wrote:
Wed Dec 04, 2024 6:24 pm
Fugazi wrote:
Wed Dec 04, 2024 5:10 pm


I know what automation Im making this weekend 😅
Just my universal rule of thumb as preoff trends go, from a manual POV, some of the trading examples I posted were exactly that

But even as a footy trader I'm not blind to the daily prerace opportunities, despite the trading windows there shortening

However, I do feel that order flow trading overall is slowly becoming a lost art
I suspect order flow just got harder as people squeezed the liquidity from it as knowledge and tools improved

Markets will always be inefficient so just means a change in strategy needed. I'm managing about £30 a day preoff with automation but struggling to scale any further. I suspect the bigger money now might be inplay where the market just cant be efficient as robots can't mechanically respond to what is being seen on the TV

The auto boys the ones killing it in-play. LinusP and PeterLe spring to mind from this forum straight away.
Fugazi
Posts: 935
Joined: Wed Jan 10, 2024 7:20 pm

GeorgeRuss wrote:
Thu Dec 05, 2024 1:24 pm
Fugazi wrote:
Thu Dec 05, 2024 12:51 pm
Kai wrote:
Wed Dec 04, 2024 6:24 pm


Just my universal rule of thumb as preoff trends go, from a manual POV, some of the trading examples I posted were exactly that

But even as a footy trader I'm not blind to the daily prerace opportunities, despite the trading windows there shortening

However, I do feel that order flow trading overall is slowly becoming a lost art
I suspect order flow just got harder as people squeezed the liquidity from it as knowledge and tools improved

Markets will always be inefficient so just means a change in strategy needed. I'm managing about £30 a day preoff with automation but struggling to scale any further. I suspect the bigger money now might be inplay where the market just cant be efficient as robots can't mechanically respond to what is being seen on the TV

The auto boys the ones killing it in-play. LinusP and PeterLe spring to mind from this forum straight away.
Definitely gonna trawl their post history 🔍
User avatar
ForFolksSake
Posts: 871
Joined: Sat May 11, 2024 2:51 pm

Fugazi wrote:
Thu Dec 05, 2024 2:03 pm
GeorgeRuss wrote:
Thu Dec 05, 2024 1:24 pm
Fugazi wrote:
Thu Dec 05, 2024 12:51 pm

I suspect order flow just got harder as people squeezed the liquidity from it as knowledge and tools improved

Markets will always be inefficient so just means a change in strategy needed. I'm managing about £30 a day preoff with automation but struggling to scale any further. I suspect the bigger money now might be inplay where the market just cant be efficient as robots can't mechanically respond to what is being seen on the TV

The auto boys the ones killing it in-play. LinusP and PeterLe spring to mind from this forum straight away.
Definitely gonna trawl their post history 🔍
It could be your Golden Move
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GeorgeRuss
Posts: 14
Joined: Sat Dec 03, 2022 9:35 am

Fugazi wrote:
Thu Dec 05, 2024 2:03 pm
GeorgeRuss wrote:
Thu Dec 05, 2024 1:24 pm
Fugazi wrote:
Thu Dec 05, 2024 12:51 pm

I suspect order flow just got harder as people squeezed the liquidity from it as knowledge and tools improved

Markets will always be inefficient so just means a change in strategy needed. I'm managing about £30 a day preoff with automation but struggling to scale any further. I suspect the bigger money now might be inplay where the market just cant be efficient as robots can't mechanically respond to what is being seen on the TV

The auto boys the ones killing it in-play. LinusP and PeterLe spring to mind from this forum straight away.
Definitely gonna trawl their post history 🔍
100% recommend!
User avatar
Kai
Posts: 7105
Joined: Tue Jan 20, 2015 12:21 pm

Fugazi wrote:
Thu Dec 05, 2024 12:51 pm
I suspect order flow just got harder as people squeezed the liquidity from it as knowledge and tools improved
Sadly money's slowly drying up, give any decent trader an actual liquid market and he should never lose

But good luck finding liquid markets in 2024, better to look at inplay instead

Only really cricket remains S tier market, you can barely know what's going on and still do better
User avatar
firlandsfarm
Posts: 3330
Joined: Sat May 03, 2014 8:20 am

Fugazi wrote:
Tue Dec 03, 2024 6:16 pm
Could you not jump on a steamer after it steams say 10 ticks, anticipating it probably steams another 5+ ticks?
Yes but it could also revert to mean!
Fugazi
Posts: 935
Joined: Wed Jan 10, 2024 7:20 pm

firlandsfarm wrote:
Fri Dec 06, 2024 5:43 am
Fugazi wrote:
Tue Dec 03, 2024 6:16 pm
Could you not jump on a steamer after it steams say 10 ticks, anticipating it probably steams another 5+ ticks?
Yes but it could also revert to mean!
I guess thats the real question. Is it 50/50 whether it goes up or down at that point.. OR if youve steamed x ticks, is it statistically more likely to steam another x ticks?

🤔🤔🤔
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