Mr. Logic lives up to his name by telling it how it is. In reality, there is no method like the one suggested that makes long or even medium term profits. Searching for the pot of gold at the end of the rainbow with little or no effort will prove to be a life long fruitless search.

Learn the basics of effective form analysis, be selective in the races to tackle and leave alone and learn how to bet /manage your money effectively.....thats the only way to make long term profits.