Mid-Morning Market Mover (Today’s Trading)

Following the feedback from this recent blog post, I thought I’d do another…

I’ve seen one or to comments recently asking to see a trade or green-screen. I really don’t understand the fascination with it as they don’t really help anyone, it just massages the ego of whoever posted it. Plus some have been caught manipulating images, selectively plucking results and well, just lying.

Aside from large endorsements like:

• this one
• and this one
• and this one
• and this one
• and this one
• and this one
• and this one
• and what about this one

There’s another thing that can’t be manipulated. Pointing out a potential move before it develops, as I’ve done in the past.

• here (x 2)
• and here (x 4)

* I know there’s more, I just can’t be bothered to look for them. There’s a thread inside the community forum too.

Calling it Early?

So, with that in mind, let’s get on to a relatively early spot that was shared earlier on today (10:27 am to be precise).

The race start time was 12:40 pm (Lingfield).

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Note: I’m not a fan of doing this as things can change relatively quickly in the markets, part of my edge is speed and reaction. All it takes is a gamble to start elsewhere in the market and things are thrown off. That said, there’s a thread inside the community forum that talks about daily opportunities like this. In future, I’ll make more of an effort to post them up there.

How Did it Go?

Having spotted the imbalance, the market started to move shortly after. By around 11.15 the price was trading below 9.2. An hour further on and thousands had been matched below the initial snap-shot’s price. From memory, some money traded at 8.0 within a couple of hours of mention.

10.5 → 8.0

Not bad, right? 

Come post-time the price bumbled about a bit as others were supported. The horse also went on to put in a decent run.

• Official Betfair Starting Price: 8.86
• Race Position: 2nd (traded at a low of 1.33)

Courtesy of timeform:

Sure, a two-point move isn’t going to get us a Lambo but it could have been far worse. Finding this market anomaly didn’t take too long either, as per the market movers section of the video course.

Trading conditions are pretty bleak during the week at the moment so keeping expectations low is wise. However, as we hit the festive period there will be a few bonza days. Typically Boxing Day (if you’re not busy with the family) is a cracker, as long as there isn’t any snow…

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