Racing Trades 21st March

If you want to see how to get the best out of my trades see HERE

Back2Lay

Chepstow 2:10 Oh Suzannah 5/1 for the Arbers otherwise 6.2 stop loss 7.8

Chepstow 4:55 Clear Mix 8/1 8.4 stop loss 10.5 – very tough market. I have some money in queue at 8.4. If I don’t get matched it will be a no bet

As tough a day as I have seen for a while. Uncompetitive races, small fields, lots of odds on chances. Very poor liquidity. I don’t put up bets for fun, they are serious opportunities to take profit. If I don’t see that I will not risk my bank just have have something to do. GL MG

UPDATE: 12:00pm Clear mix is now 7.0. I did not get ch, It goes down as no bet, I have cancelled my order, if the momentum changes we are in trouble anyway.

I have added a preview video of todays racing for those interested. I talk about how I approach each race.

Evening Review

Very poor racing today, we only had 1 bet as I said earlier in my 12:00pm update. Clear mix drifted badly and would have gone to the stop loss. Momentum is everything in these types of trades. If the price moved for us and then changes direction it rarely comes back.

Oh Suzannah looked promising for much of the morning, once the live shows came it was static before drifting a few ticks. It goes down as a loss of £6.We live to fight another day MG

4 thoughts on “Racing Trades 21st March

  1. Great site and really informative videos. For a long time, I had difficulties getting to grips with trading and in particular, understanding why price movements occur . What you have done is emphasise certain cues/indicators and previously described the method in which you actually trade – which no other site provided. This has enhanced my trading and exceed what I had previously achieved.

    So, from one beginner – who you have helped – thank you.

    • That’s great Sam. Learning the dark arts is a tough gig. It’s a long journey, I’m still learning. Thanks for taking the time to comment. Cheers MG

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