WINNING TICKS

[portuguesetrader]

HiCommunity,

In your strategies how many ticks do you usually try to catch?
I know it depends on several indicators, but your usual?
1? 2? 3? 6?

I try to get maybe 4 or 5, but usually only get 2, or so.

And the rest of the community?

[Squirtle]

This is something Peter talks a lot about in his course. It depends how volatile you expect the market to be. Most people are safe taking one tick out of a market but some markets just don't move that much.

[portuguesetrader]

Is is true,
The market volability is decisive on your strategy to decide how many ticks you are going to expect.

How do you predict that volatility? I tend to look for the betfair graphic and look for major moves and high volatility?
Are there any other analyses do you make to predict volatibility?

[bugrit]

The number of ticks u can expect has a hi correlation to the odds range, 11/8 into 5/4 equals 6.25 ticks on BF, where as 10/3 into 3/1 is only 3.33 ticks.
Both these moves are 1 fractional odds move, and fairly equal in percentage chance move, (42.1-44.4 and 23-25)but the shorter 1 moves nearly twice as much on betfair!
Add in the greater greened up profit of catching each move (2.77 ticks vs 0.83 ticks) and u can see why most of the action and money is in the shorter prices.

[jamesthetrader]

I change my style depending on the market, the shorter ones go all over the place so its not uncommon to get swings of 5 and more. the higher priced ones are possible to swing, but i prefer to nick a tick or 2 from them as it can go wrong so quick!!

Its all on how you read the paticular market and what you expect it to do