Peter Webb, Bet Angel - Detailed narrative on a decent trend trade
HTML-код
- Опубликовано: 1 окт 2024
- I haven't put up a full blown trade for a little while so one is overdue. This is detailed trade trend trade at Newcastle.
The favourite is getting a lot of support and continues to do so. I identify a number of key areas in the trade which I use to add or remove parts of my trade from the market.
It's a decent trade and demonstrates some key elements of reading a market.
analysis betfair software trading
Good video Peter. I think it would be really useful to post some videos where you have to get out and take a loss, again with this level of commentary. Watching these trades, I can see that I'm clearly exiting too early - you have a tendency to let it ride a lot longer than I would, and I'm really interested in hearing your thought process behind when you decide enough is enough.
Superb content Peter. Furthermore it would be great to publish a video of an unsuccessful/negative trade with your explanations what went wrong with it.
You could buy a subscription to bet angel with that money :)
Peter you talk of 2.5 being a significant point, and then say it will go down to around 2.38, is this because 2.5 correlates to 6/4 and 2.38 correlates to 11/8? Do you find that there are significant points in the market that correlate to board prices ? Thanks.
I enjoyed the narrative as I was able to learn more about your thought process while you was trading. I got two questions for you Peter, how much capital did you start off with when you first started trading on the exchange? How long did it take between when your first started and was trading with small stakes to the point when you had enough capital to trade with hundreds? Thank you. Your doing really well :)
at 3:50 you say 'theres another big slug of money coming in' - how'd you know that? where can you see the money entering the market? do you mean on the back orders stacking up?
Look at the graph and the grey bars at the bottom is the money.
great video as always
Hi Peter,
Will your full course show more videos like this and get me trading successfully should I decide to pay and join? Thanks
"quite happy with that" do that a few thousand times a year and you proper happy :)
And that's half the trick!
Btw the horse won by 1 and 3/4 lengths after being backed from 6/4 into 10/11 in the live show. It also won a better class race by a short-head next time out at 5/1. So they knew what they had here.
Hi Peter, Great video as always. I noticed when initiating your position you took the available money with most of your back orders, is this to make sure you get on and the price doesn't steam off with out you?
With my trading I try to never take the available, I often find if I do (usually trying to catch a steamer) and there is a reversal, I'm a tick or two more in the red than I should be almost instantly. Would be interested in hearing your thoughts on that, thanks. Alan
Your favourite type a trade is the opposite of this trade. Here you follow the trade but you said also that you don't tend to be a trend follower. I guess it's the balance between the two.
how to be like you? 205£ is my earn All months.... teacher me please
Extremely understandable, what an amazing trade
It seems so easy, congratulations for your videos.
Peter when you say you imagine the person is thinking 2's will be far enough, who is the person? Are you saying that one person can be responsible for pushing a move like that?
Not impossible, but if they are trading they I'm trying to read what they, and to some extent the market, is trying to do.
Love hearing your thoughts as it evolves
A very simple question Peter , that just needs a one word answer .. Is the majority of your trading done scalping on the Horse racing ladder? I have been trying out a lot of the automation files , and getting even at best , So I am thinking long term it must be scalping that does the trick . If its too Intrusive of me to ask, thats fine just say so , and I will go on my merry way and keep trying different things . Cheers fro reading this. Peter G
I do many different things but my mainstay has always been trading on racing manually, but I do automated stuff as well. Bet Angel was built up from simple stuff to more complicated but each feature is there for a reason.
Thanks for that quick response , I think I now see where to go.Cheers
I'm fairly unique in that I've spent a lot of time looking at every aspect of the market so I can generally find a strategy that fits. But if you are starting out you are better focusing on one aspect of the market and working hard on that.
Peter what do you mean by feeding money back into the market?
Slowly exit my position
betangeltv Is the software automatically working out your lay stakes? The stakes you are using look pre set
They are pre-set I tend to work on preset stakes to work a position in and out of the market.
betangeltv I'm a bit confused now. I thought the idea of it was that the software automatically works out the required lay stake at point of exit when hedging (cashing out) just before the race starts (or back stake if you have layed first) by clicking on the profit column on the left.
It can do anything you ask. Here I trade in and out then hedge at the very end. So that's the very last action I do.