Peter Webb, Bet Angel - Strategy for trading two short priced favourties
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Comments
Never tempted to take the 7.53 loss and let the 429.36 profit from the 2nd fav run? Or do you think long-term better to take the 119.11 definite profit?
hi peter, how come u are not showing how far before the event start u are doing these trades ? it would be really helpful to show that on your videos...
peter a have watch your video on lay the field. u mention after ways to la field could u do a video . pdf regards keith
You dont seem to be experiencing any emotional roller coaster from your voice looking at that massive swing back and out!
For me...the difference between a master an us mortals is around 3:34. Super Mix had been up in the lush green fields at 3.75 but was now 4 ticks from a market loss and 6 from the Stop, Our Native Lad jumps up 2 or 3 ticks. I'd flinch and grab the 3.25 ....Mr PW cool as a cucumber, always seeing that vital 1 second ahead. THAT is the difference.
can't help but feel that whatever would have gone off 3rd favourite must have been coming in pretty readily, although we can't see the other runners prices in this vid i'm guessing it would be more appealing than laying the first fav. considering the horse in the second ladder was barely holding it's price the whole time during the drift of the horse from ladder #1
Another good video Peter. I think this was an unusual market as by the end of the trading both horses had moved out from the initial 2 lay bets. So a third or forth horse must of been backed in that we couldn't see. You would of made the same profit from leaving the two original lays open to the same closing point. Thanks again.
That chart you have there. Is customized for this specific type of trade?