Sunday, 8 November 2009

Breeders Cup

Racing
Racing bank at start: £23.94 
Racing bank at end: £25.56
Unit stake for next session: £2.56
Average market P&L: £0.18



Thought I might be too tired to trade this meeting after work, but I felt focussed when I got home and gave it a go. The markets felt quite different to the UK meetings, with so much money just lying around it was a bit harder to get matched. The price movements seemed more predictable and even if you got it wrong you had more time to get out with the market being more rigid. Good for scalping or taking an early position and being patient as the price moves slowly in your direction. I basically scalped from the 10 minute mark and with the racing being slightly delayed used Betfair's live videos to judge when to get out. To get an idea of true market price I used the Ladbrokes book as a guide.

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