How Not To Do It
I have taken a snippet of some trading last week. I don't normally trade with such large stakes - but I am testing a theory and concentrating on certain races at present.
As stated before, I don't do much trading on my 'trading account' as I am fundamentally a bettor. But I had no bets on Friday so had some spare time. Here I was sure the market was going to turn and drift. I layed at 1.83 only for nothing to happen at all!
I waited and waited and I finally took my opportunity to get out of the position on what was not the best decision. The market did go out to about 1.89 but was soon back at 1.83 and below. So just happy not to be crucified on the trade.
posted by Betting Exchange Trader
