2:20 Sandown Lord Singer 4.5 – stop loss at 5.4
4:40 Lingfield Sail Home 3.75 – stop loss 4.7
2.55 Sandown – Shotavodka 1.80 stop loss 1.67
4.10 Lingfield – Full Swing 1.91 – stop loss 1.75
If you have not traded my back2lay trades before you may want to read THIS
The 2 Back2Lays were like yo yos, the early signs were good, but the stalled, drifted and moved up and down within a tight range during the live shows. On may occasions it becomes obvious it just isn’t going to happen, and the best cause of action is to jump ship for the best price you can. I managed to get out at scratch on both of these runners during the live shows.
The Lay2backs had mixed fortunes.
Shotavodka was a big streamer, so I got this one totally wrong. In what was in effect a two horse betting market, if your on one and it’s going the wrong way, it’s not against the law to switch sides. For the records it hit the stop loss. In Full Swing faired better. During the live show, if you are in a good position it can enhance your profit substantially if you add to the trade. I did on this one and made a nice profit. 1.91 to 2.1 was the swing. Unfortunately the horse was injured during the race and I take no pleasure from any profit on this poor animal.
Crazy day, 4 horse traded scratch on 2. loss of £20 on one and a profit of £20 on the other. Zero profit, we live to fight another day.