Today's Horse Racing

[Derek27]

WTF happened here???

12 ticks in one go!

Sunhill Lad, 20-20 Thirsk.jpg

[spreadbetting]

Cape Islay in the 8:05 Nottingham hit me, went from 5.5 to 7 in the blink of an eye just before the off, didn't see it playing up entering the stall so god knows why the layers came out in force.

[eightbo]

When do you define your exits sb?

[iambic_pentameter]

The 'sensible' option would be to take the loss but as we all know, sometimes the move corrects itself and goes back to where it was previously.

Be interesting to see if there is any data out there that shows % of runners going back to the previous price after a spike.

Iambic

[spreadbetting]

When do you define your exits sb?

I don't have any set exits eightbo, generally just wing it. I got caught on that as it went so quick and need to close before the off

[northbound]

Be interesting to see if there is any data out there that shows % of runners going back to the previous price after a spike.

I don’t have the % and am not trading horses every day. However, from my experience so far...

During last winter it happened many times to see mountaintops: horses that would go up in price massively and in a few seconds, only to correct back down heavily soon afterwards.

During this summer I’ve only experienced horses that spike up and stay there or thereabouts.

Perhaps the more seasoned traders could tell us whether this is a recurring winter/summer theme.

[brimson25]

Backing Cracker Factory off the boards!

[Jukebox]

Looked like all the opponents lost irons or fell off to ensure his victory

[Naffman]

Kingson not settled

[eightbo]

Perhaps the more seasoned traders could tell us whether this is a recurring winter/summer theme.

Oh boy I really hope that pun was unintended

[northbound]

Perhaps the more seasoned traders could tell us whether this is a recurring winter/summer theme.

Oh boy I really hope that pun was unintended

[Euler]

Perhaps the more seasoned traders could tell us whether this is a recurring winter/summer theme.

What theme were you referring to?

[Euler]

Found the markets to be OK this week, nothing special, just ok.

York Ebor on the horizon now.

[northbound]

Perhaps the more seasoned traders could tell us whether this is a recurring winter/summer theme.

What theme were you referring to?

Winter: more likely for a price to shoot up 10-20 ticks very quickly, then revert back down just as fast.

Summer: more likely for a price to shoot up 10-20 ticks very quickly, then stay there or thereabouts.

Is this a recurring theme?

[Euler]

In the summer pre-race there are more things that can go wrong so you often get sudden movements, less so in the winter. Not sure if the retracement changes. I've not noticed that much, but can have a look.

My view on spikes is that sometimes they are unwarranted and I will sit on my hands. But if there are a couple of heavy orders in the market I may dump my position.