General discussion : My Journey, day by day

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Original-Soultrader
Posts: 67
Joined: Mon Mar 27, 2017 12:19 am

Wed Feb 28, 2018 1:32 pm

can't find out how to delete - can an admin do it please?

spreadbetting
Posts: 1871
Joined: Sun Jan 31, 2010 8:06 pm

Wed Feb 28, 2018 1:55 pm

No need to go overboard and start deleting things because people haven't agreed with you. But there's probably no need to try and validate yourself thru thing like t-shirts, forex etc because they're of no relevance to where you're at with your trading and success in other areas won't necessarily translate to exchange trading. I'd be very surprised if you've pissed anyone off, it's only a forum, be a bit dull if everyone agreed so no worries there most of us have thick skin.

If you want to carry on the trading diary keep at it, there's plenty of people on here willing to help but maybe cut back a little on the tales of IG lunches and being in the top 0.5%.

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LeTiss
Posts: 4379
Joined: Fri May 08, 2009 6:04 pm

Wed Feb 28, 2018 2:02 pm

Original-Soultrader wrote:
Wed Feb 28, 2018 1:32 pm
can't find out how to delete - can an admin do it please?
:lol: That went well

Keep going fella, but like I said earlier, this needs working at

Halliday
Posts: 457
Joined: Sun Jun 12, 2016 3:40 pm

Wed Feb 28, 2018 2:09 pm

Original-Soultrader wrote:
Wed Feb 28, 2018 1:32 pm
can't find out how to delete - can an admin do it please?


Just stop all the boasting .. like another poster said it's not relevant ... but posting your " journey " on here or any other message board isn't usually the best thing to do. And hardly something someone like you probably needs to do

Just ask your questions and do your trading ... and be humble if that's possible

The IG Index lunch reference was not required .. was it ? .. talk about name dropping !!

Original-Soultrader
Posts: 67
Joined: Mon Mar 27, 2017 12:19 am

Wed Feb 28, 2018 3:01 pm

fair enough, cant delete - line in the sand drawn, apologies.

Today with very few races on the card im concentrating on one thing - Shaun mentioned my avg loss / avg win etc and he's so right. let the winners run, cut the losers - age old advice. that's my focus now. I wont be going for the 1 or 2 ticks anymore and will be looking to cut the losers reasonably fast and let the winners run.

I also noticed that i was often placing back bets at crossover points. i've watched a few videos of this and note that most of them concentrate on laying at the points but it always seems to be when the price is falling to an xover rather than when price is rising to an xover. I saw this happen on the last race, price fell to 3.85 and did a reverse for a quick five tick trade.

couple of questions:

1) is it more effective to lay when at an xover regardless of the prior direction?

2) is there a way to stop betangel switching to the one click screen just after the five minute warning? is there a setting somewhere? cos it's really annoying!

Halliday
Posts: 457
Joined: Sun Jun 12, 2016 3:40 pm

Wed Feb 28, 2018 3:11 pm

Original-Soultrader wrote:
Wed Feb 28, 2018 3:01 pm
fair enough, cant delete - line in the sand drawn, apologies.

Today with very few races on the card im concentrating on one thing - Shaun mentioned my avg loss / avg win etc and he's so right. let the winners run, cut the losers - age old advice. that's my focus now. I wont be going for the 1 or 2 ticks anymore and will be looking to cut the losers reasonably fast and let the winners run.

I also noticed that i was often placing back bets at crossover points. i've watched a few videos of this and note that most of them concentrate on laying at the points but it always seems to be when the price is falling to an xover rather than when price is rising to an xover. I saw this happen on the last race, price fell to 3.85 and did a reverse for a quick five tick trade.

couple of questions:

1) is it more effective to lay when at an xover regardless of the prior direction?

2) is there a way to stop betangel switching to the one click screen just after the five minute warning? is there a setting somewhere? cos it's really annoying!


That's better .. I'm sure we will pull you up if you return to you " alter ego " not nice to see .. really isn't

when I profile a race I tend to look for " drifters and most of my trades start with a lay bet .. but initially it is good to keep things simple and do one or the other .. you prefer to look for horses likely to shorten

Do you just just trade using the ladder interface ?

Original-Soultrader
Posts: 67
Joined: Mon Mar 27, 2017 12:19 am

Wed Feb 28, 2018 3:28 pm

Yes, just the ladder. first three runners in view. I have quite a few screens so have six charts on one - the long term chart for each of the first 3 and a candle chart for each too, the ladders on another screen, watchlist on a third and now the video feed on the 4th

i did a bit of dutching a week or so ago with some success but found the stakes too high for comfort, always waiting for the outlier to come and screw me. (which it did eventually)

I'm most comfortable with the ladder

Halliday
Posts: 457
Joined: Sun Jun 12, 2016 3:40 pm

Wed Feb 28, 2018 3:32 pm

Original-Soultrader wrote:
Wed Feb 28, 2018 3:28 pm
Yes, just the ladder. first three runners in view. I have quite a few screens so have six charts on one - the long term chart for each of the first 3 and a candle chart for each too, the ladders on another screen, watchlist on a third and now the video feed on the 4th

i did a bit of dutching a week or so ago with some success but found the stakes too high for comfort, always waiting for the outlier to come and screw me. (which it did eventually)

I'm most comfortable with the ladder
So you've decided to watch the races .. do you find it informative ?

Original-Soultrader
Posts: 67
Joined: Mon Mar 27, 2017 12:19 am

Wed Feb 28, 2018 3:36 pm

only as far as how long i have past the start time to get out :)

i don't find the video's high enough definition to make out who is who. there is commentary tho which may be useful. tme will tell

Original-Soultrader
Posts: 67
Joined: Mon Mar 27, 2017 12:19 am

Wed Feb 28, 2018 5:04 pm

Today's results - after a bollocking for being a dick :D Pretty happy with it really, managed to let winners run and i did cut losers short.

Last race of the day i saw some opportunity to lay first so did so with tiny stakes - meant very little in money but it got my feet wet. I layed (laid?) the fav at 1.89 and out after some shuffling at 1.93 for 21p then thought that the outsider would drift so layed it at 14 and got out at 12.5 - overall a 4p loss on the market but happy that i spotted when both were on the cusp of changing trend and got out quickly.

With the earlier races too, i let them run based on my TA but with a 10 - 20% target on stake which hit twice for profits.

I did have the live feeds up (when i remembered to start them) - interesting to watch the difference between the actual horse position and the position on the in play trader. was also a nice pointer on how long after the start time you had to get out of a trade. Not sure that it was any use at this point but i'll keep it up

overall happy today. - Ronnie played a blinder against Dott too - 4 - 0 battering!

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