I don't know anything about financial trading but as far as sports trading's concerned, I've probably made just about every mistake in the book, like most of us have. Some of them were so stupid I learnt instantly not to repeat, such as, when you're switching between win and place markets check you're on the right market before taking what you think is value! Others have taken longer to learn. Letting trades go in play is a common crime that most traders commit more than once but I knocked it on the head when I suffered a really big loss. Overstaking and not properly considering how volatile was probably my most difficult error to overcome and I still occasionally trip up there.Morbius wrote: ↑Tue Oct 13, 2020 7:42 pmCould I be so bold as to ask you Derek if you have learned through experience not to add to red screen positions?? Because financial traders in many types of securities do not baulk at doing this or in your opinion, is this much more difficult to achieve based on the rapid time decay in the pre-race markets and the fact that the market will eventually range around its SP and this is the ultimate Achilles Heel in such a strategy??
By the way, horses don't always range around the BSP, back and forth or reverse to the mean. Sometimes they can just go one way.