Safeway wrote: ↑Sat Feb 08, 2025 5:46 pm
It all seems a mixed bag to me. Using TPD
some prices don’t make sense leaving me sitting on my hands wondering what somebody knows that I don’t. Other prices are doing what I would expect only very fast and very extreme. I have thought I have spotted certain markets where it’s slow - the betting in US racing for example can be slow and dozy and I have had some profits because of that. Just as I rely on that it’s suddenly the opposite!
Brovashift - your ladyfriend following the money…….what exactly is ‘following the money’ in this game? Let’s say everybody is backing. I assume somebody following the money is then backing too and maybe then laying off when the surplus of backers causes the price to drop? Certainly in financials following the money is buying the same stock as everybody else….?
My 'lady friend'
makes it sound like she's my Mrs or something lol. She's just a female, maybe I should call her 'women', who's in a trading group I'm in.
"Following the money" is simply just that. Like when you said above about prices not making sense, you are expecting price to move based on what you are seeing, either on a live feed or data or both.
That was also my point earlier in the thread, prices doing random things that make no sense compared to what might be happening in a race. After all, prices do generally react to what is happening in the event, apart from those weird occasions when there seems to be a glitch in the Matrix that we've both witnessed.
While the woman in my trading group (and others) are watching the race out of the corner of their eye, she is 80% focused on the ladders and watching the money. If you watch the money on the ladders, maybe with the sound off so not influenced by commentators, you'll see bigger money appear and disappear all the time, and you can start to see repeating patterns.
Today was a much better day than earlier in the week, seemed more normal, so I'm thinking maybe the random price movements I witnessed was more poor liquidity, and in a low grade race, or something. I will have to start recording my screen again to see if I can catch it.
Today I tried what was suggested earlier, offering prices and cancelling, and noticed in most of the races for the first half of the day, either the 1st or 2nd fav had a layer staking £311 (I don't know if it was a single layer, but it's the story I was telling myself), money kept jumping infront of it but this £311 never moved from the price it was offering, like its that price or nothing. Sure enough it was eventually taken and as soon as it was the price sprung up like an elastic band, regardless of what was happening in the race.
They only seemed to be interested in the first half of the race as well. And range edges obviously!
Personally I generally only lay over jumps (as does the woman in my trading group)
See what the liquidity is like tomorrow and set your refresh to 200ms or slower and see if you can spot anything tomorrow. Ignore all the small money as I think that's just noise.
