jamierobertsona
11th October 2006, 12:30
Hi all
I am getting into this trading game using bet angel basic and understand the basic principles of how to trade. I watched the tutorial video from the bet angel website and it looked simple, they backed at 3.3 and layed at 3.05 making an easy profit. I have watched the price movment loads of times now just before the off like they did in the tutorial and not once have I seen this much change. I have seen very little price differences and have caught them, but the difference is so small the profit ends up been a few pence.
Because of this, I started looking at prices in the morning then again at lunchtime and again just before the off. there are some much bigger price differences doing it this way but it has been a gamble of whether to back or lay in the mornings. Some prices rise, some fall. I have looked at the graphs, how much money is on a particular horse and various other things, but just cant get it right.
Do any of you have any tips of how to predict the fall or rise of a price from morning to afternoon?
I know this is something i'm not going to get right everytime, but I would like to most times. Its just annoying if I back a horse in the morning at say 5.5 hoping the price will fall from the graph, then just before the off, the price is higher so I'm guaranteed a loss.
Look forward to your input
Many thanks!
Jamie
I am getting into this trading game using bet angel basic and understand the basic principles of how to trade. I watched the tutorial video from the bet angel website and it looked simple, they backed at 3.3 and layed at 3.05 making an easy profit. I have watched the price movment loads of times now just before the off like they did in the tutorial and not once have I seen this much change. I have seen very little price differences and have caught them, but the difference is so small the profit ends up been a few pence.
Because of this, I started looking at prices in the morning then again at lunchtime and again just before the off. there are some much bigger price differences doing it this way but it has been a gamble of whether to back or lay in the mornings. Some prices rise, some fall. I have looked at the graphs, how much money is on a particular horse and various other things, but just cant get it right.
Do any of you have any tips of how to predict the fall or rise of a price from morning to afternoon?
I know this is something i'm not going to get right everytime, but I would like to most times. Its just annoying if I back a horse in the morning at say 5.5 hoping the price will fall from the graph, then just before the off, the price is higher so I'm guaranteed a loss.
Look forward to your input
Many thanks!
Jamie