I have been playing with my excel sheet and i discovered that if you lay anything above 1.01 up to 2 on all horses on all races for the past few years in running you will end up with a loss. (let me know if your data states other wise, I might be wrong)
So i was thinking if backing horses that dips below 2 is a good idea in running is actually value?
Also i noticed that once a horse gets under 2, the swings are quick and big and they tend to overreact. So its entirely possible to nip in and out quickly.
I am thinking of devising a strategy that backs horses that touch 1.9 in running use tick offset get out for say 15 ticks profit, and stop loss quick if it goes back above 2.1
What do you think?
Just a wild trading idea
- ShaunWhite
- Posts: 10526
- Joined: Sat Sep 03, 2016 3:42 am
When I've tried to flip losing strategies, I've always found it's the spread that kills an otherwise great plan.