The only reason I say that I can't make a profit pre-off is that I can't make a profit pre-off. I have no science to back that up other than that I've never been able to overall. My skill set just does not include the ability to guess pre-off price movements.spreadbetting wrote: ↑Mon Jun 25, 2018 11:13 pm
Why do you take a position pre off if you believe your forte is in play trading? I'm not sure why you say you can't make a profit pre-off and then open your trades pre-off. Surely the opening trade is generally where you'll pick up the initial value, and if not then why open it.
On the other hand, doing what I am doing at the moment is going pretty well. I choose the horse to trade within the last minute before the off (based on my own extremely simple mathematical formula) and then trade out of my position for profit or loss during the race. I always do Lay to Back as I consider Back to Lay to be too risky - as, obviously, no trade out is possible from an initially backed horse that falls.
I suppose we all have to do what we each finds works for us? So far this is working out more than OK for me. All I know is that I mostly lose money pre-off, I tend to break even overall in pure in-play and I tend to make decent profits with this hybrid open pre-off to trade out in-play approach.