So this week is one of the highest liquidity weeks you’re likely to experience throughout the trading calendar as far as horse racing goes. For most new starters these kind of weeks are a bit of a shock due to the different behaviour in the markets and its understandable, after all we don’t get too many chances throughout the year to practice in these conditions.
Several readers have contacted me saying they’ve found it frustrating already which im sure many more can relate too!
Over the space of the week conditions improve in my experience, by this I mean turnover in the final live shows increases meaning there is more opportunity to get more stakes as well as larger stakes filled in the market – chances are though if you’re looking for a swing in price you could be waiting some time! Scalping generally works best.
Of course not everyone will find this harder than usual to deal with, as the title suggests it’s no secret that your personality is likely to be suited to a particular style. Personally I think im a bit of an all-rounder, although im fully aware plenty prefer to stick to one method of the other. If you’re generally better at talking longer swings in price its best to ride Ascot out (no pun intended!).
Knowing your own strengths and weaknesses and trading styles is key to longer term success as it’s not just about winning but avoiding the losses too!
I have seen a very good YouTube clip previously about trading personalities a long time ago although I can’t seem to find it again despite searching for some time. While looking I came across this in its place…