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24th March 2012, 11:04 AM
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Member
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Join Date: Sep 2011
Posts: 1,502
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Mark,
Thanks for the posts. Really interesting and I'll paper trade this myself to see how I go. Your responses have been very helpful and I understand eah race can be different so not surprised by that.
It all makes sense. I think I understand your angle and I can see how this works quite easily if you have some idea on what your doing. For example if the market is near 100% you only need to get 1 or 2 horses on the higher side and your over a 100% book by a very small percentage. If you can get 3-4 horses on the higher side you are probably showing a few % points profit.
The real trick I beleive is getting on quickly and knowing which horses may firm/drift and thus which would hurt or help your book.
I really appreciate your answers to what I have posted, especially posting an example. Your a top notch guy to be sharing it.
Just one more question and you have probably answered this elsewhere but do you use any software to make this easier ? ie there is software that you can click dutch once you have some horses layed already and it will do the others for you.
Thanks again.
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