Hi All,
There is a lot of contradictory advice around the best time to trade, most people tend to say when the previous race ends and when the money comes. There is a blatant change in the market at that point, everything can be flat then it just springs into life all at the same time, but to me, it just seems so erratic at that point, things fly all over 10 ticks one way then 10 ticks back in a matter of seconds, there just seems no logic to it.
Is that generally considered the best time to trade ? and how the hell do you make sense of it when it seems so frantic and erratic?
Thank you.
Best time to trade Pre Race
I'm no expert but if your using small stakes then anytime that suits you. The top guys wait because they can understand the noise and with the higher liquidity the easier it is for them to enter/exit the market with large stakes, Also if they get it wrong and need to dump their position they can get out quick and limit losses
It's all about liquidity, volatility and staking.
If you are using small stakes the whole market is open to you, if you are using higher stakes you have to work in the market later on where liquidity is higher.
You tend to have several periods.
30 minutes out at major meetings money will start arriving in the next race.
At 'normal' meetings, up to 10 minutes out the liquidity is lower. People need to see the horses to have a bet.
When the previous race has finished and the winner is known, more money will arrive in the market.
As we head through that 10 minute period there is an interaction between new money and money after the prior race has finished.
At two minutes you see lots of hedging activity.
If you are in the market already you should get out before this starts. If you are not in the market you may want to have a go in this period.
The majority of races go inplay within 90 seconds of post time. So liquidity dies after this period and you should be out of the market.
If you are using small stakes the whole market is open to you, if you are using higher stakes you have to work in the market later on where liquidity is higher.
You tend to have several periods.
30 minutes out at major meetings money will start arriving in the next race.
At 'normal' meetings, up to 10 minutes out the liquidity is lower. People need to see the horses to have a bet.
When the previous race has finished and the winner is known, more money will arrive in the market.
As we head through that 10 minute period there is an interaction between new money and money after the prior race has finished.
At two minutes you see lots of hedging activity.
If you are in the market already you should get out before this starts. If you are not in the market you may want to have a go in this period.
The majority of races go inplay within 90 seconds of post time. So liquidity dies after this period and you should be out of the market.