Hi
Can anyone please tell me why when trading in gaps in illiquid markets as in Peter's Betdaq video, he is so confident that because he is in a gap with the initial offset bet, the offset part of the bet will also get matched without the market turning against him
Thanks
John
Trading Illiquid Markets
Illiquid markets occurs where there's lack of market participants and those that are present probably either want to back or lay in which case its more probable that it will go in one direction so even if you're ahead in the queue only one of them will be matched and not both. This might force you to close out your position at a loss worth more than few ticks of intented profit.
Its best to spot markets where back and lay bets are taking place within a tolerable margin.
Its best to spot markets where back and lay bets are taking place within a tolerable margin.
Yes this is a big problem on US Markets, i only tend to participate in races that are liquid by £100,000 plusPhoton wrote:Illiquid markets occurs where there's lack of market participants and those that are present probably either want to back or lay in which case its more probable that it will go in one direction so even if you're ahead in the queue only one of them will be matched and not both. This might force you to close out your position at a loss worth more than few ticks of intented profit.
Its best to spot markets where back and lay bets are taking place within a tolerable margin.