Degree of trading in movement

[ShaunWhite]

it depends on what you mean by movement.

I've found it odd that people were guessing percentages without this being asked.

I'd hazard a guess that noise is mostly traders and swings are mostly the RoTW. Unless there's more traders chasing and taking than I imagined.

Only BF know.

[Derek27]

I'd be really amazed if traders total anything less than 80% of turnover, for the reasons I mentioned earlier. Traders have an endless supply of money, in that, the money is reusable. How many times have you traded over a thousand and just made a few quid?

[Dallas]

This blog from last year maybe enlightening
https://www.betangel.com/blog_wp/2017/0 ... important/

[ShaunWhite]

This blog from last year maybe enlightening
https://www.betangel.com/blog_wp/2017/0 ... important/

Well I read it 3 times and apart from saying it was roughly 50/50 15 years ago, I didn't even figure out what it was I was supposed to be learning from it.

"I looked for stuff, I found stuff, I really understand stuff, and that stuff is more or less still there". I know one can't give too much away in this game but it could have been a little more 'open kimono' than it was

What I don't see is, how can you understand how the paricipants are affecting a market, when your baseline sample is just 1 race, 15 years ago....unless there have been more times since when Peter has become privy to this kind of information.

[LinusP]

Here is a good example:

https://twitter.com/psychofftrading/sta ... 8956263424

This isn't traders but 5000 mug punters over staking, just read the comments...

Regarding racing I know one professional outright gambler who is 1-2% of the win market and 5-10% of place in racing, every market and every day.

[stueytrader]

it depends on what you mean by movement.

I've found it odd that people were guessing percentages without this being asked.

I'd hazard a guess that noise is mostly traders and swings are mostly the RoTW. Unless there's more traders chasing and taking than I imagined.

Only BF know.

Yes, it's a fair question what is meant by movement. I guess my initial post was rather mixing movement with amount matched as a concept. I like the distinction in terms of movement types you suggest there though Shaun.

[ShaunWhite]

I like the distinction in terms of movement types you suggest there though Shaun.

I think the disticntion is valid because big markets behave differently, and the obvious difference is the amount of real/informed money. That's assuming that traders are scaled appropriatly so would have the same net effect on large or small races.

As for who causes what I think I could make a reasonable case for either side of the argument. Real money certainly seems to have a dampening effect, so what it's dampening must be caused by something else, ie traders. But as it dampens both noise and swings, traders must be responsible for both.

I think we're probably looking at another case of one answer not applying to all situations. Huge races 75/25 big money vs traders. Tiny races the other way around ?

Put us out of our misery Peter...what's the answer?