Suggestions : Book percentages

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Euler
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Fri Apr 08, 2011 9:08 am

Not sure where this emphasis on book percentages comes from? Book percentages are the manifestation of the undering odds movements, not the other way around. Since cross matching has come in that's muddied the water significantly.

Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Fri Apr 08, 2011 9:50 am

Hi Peter

It may result partly from Adam Heathcote's blog post on exit points, in which he wrote that a narrowing book percentage means that the trend you're riding may be about to reverse.

Jeff
Euler wrote:Not sure where this emphasis on book percentages comes from?

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JollyGreen
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Joined: Sat Mar 21, 2009 10:06 am

Fri Apr 08, 2011 12:42 pm

Cross matching has definitely changed the way book overrounds behave. I do look at the book percentage but I no longer see it as a trend reversal because other factors must be accounted for.

Just one example. A drifting favourite could see the book close in on 100% and further drifting could potentially mean the book dips below 100%. That could signal the end of of the drift but what if the 2nd favourite or any other runner is being backed off the boards? That would mean the drifting favourite could continue the Kon Tiki impression!!

rubysglory
Posts: 309
Joined: Thu Nov 04, 2010 7:02 am

Mon Apr 11, 2011 7:13 am

I don't begin a trade until the book is 99%+. For me it marks a new beginning, a new dawn if you like. Irrespective of what has or is happening in the market, equilibrium has been returned and another round of see-sawing begins. If one runner drifts another will shorten.

rg

Emmson
Posts: 1437
Joined: Mon Feb 29, 2016 6:47 pm

Fri Jun 26, 2020 2:25 pm

JollyGreen wrote:
Fri Apr 08, 2011 12:42 pm
Cross matching has definitely changed the way book overrounds behave. I do look at the book percentage but I no longer see it as a trend reversal because other factors must be accounted for.

Just one example. A drifting favourite could see the book close in on 100% and further drifting could potentially mean the book dips below 100%. That could signal the end of of the drift but what if the 2nd favourite or any other runner is being backed off the boards? That would mean the drifting favourite could continue the Kon Tiki impression!!
So if the cross matching is turned off :geek:

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