Trading Advice WOM

[EmmaSummers]

Hi Everyone

I'm confused. Just started trading but really need help. Can anyone answer this question.

WOM - The weight of money doesn't seem to follow supply and demand. When more people back a horse the price goes up(meaning they get more for their money if it comes in) and when more people lay a horse the price goes down (they get less). Surely it should be the other way round. When more people want something they get less for their money) Can someone explain this

Tax

[dan_payne182]

WOM is only one of many indicators. Others are as follows:

•Graph history
•Weight of money
•Book over-round
•Price bands
•Time before the off
•Specific market tendencies; i.e. repeating patterns
•Price movement; i.e. how far has the price already moved.
•Price movement of another horse
•Matched and unmatched bets
•Commentators voicing opinions
•No. of runners
•Horses 'playing' up, etc.

[wilsonred]

Great post Dan,

What is Matched and unmatched bets in terms of an indicator ?

[dan_payne182]

oh i can't take credit for the content, i got the information off Adam's blog post from may last year. The post can be found here:

http://adamheathcote.blogspot.com/2009/ ... oints.html

If you follow the link and read down Wilson it explains what you asked

[pudlit]

I am in a similar position just started using software and tried to set it to run automated putting in £2 bets with a £20 max liability however ended up with all bar 2 losing me £2 and one leaving liabilities of £50 fortunately it didn't come in but just followed what it said for automation settings but I cant have it leaving me in a mess like that