I traded a UK Horse Racing market in Betfair.com today using Mozilla Firefox. I recorded the whole session showing the chart and my trading moves. The video is free to download for everyone.
Comments (2)
1
Friday, 17 April 2009 15:39
Paul Tapley
Hi Jimmakos,
Great video!
You mentioned in other posts that the trend is your friend, but in this video at first when you broght up the betfair graph for this video it seemed to be coming in very consistently then started to drift, therefore opposing the trend? is it to be that ytou should only follow the trend in the 10 mins up to the race? meaning that the trend is your friend in this period only?
Kindest Regards
Paul - ps keep up the great work I always watch and re watch your videos!
2
Monday, 20 April 2009 10:37
Jimmakos
Thanks for your comment. Generally, the trend is your friend, until the trend seems to be reversing. You can look for reversal signs, such as resistance levels breaking and large lay bets in this occasion. A main trend is difficult to reverse but not impossible. However, it is much more rare the odds to retrace back to the starting odds, like in this example.
My name is Jimmakos and I am a professional gambler since 2003. I played at the casinos' blackjack tables for a year and during the following 2.5 years I have been a Betfair trader trading the odds in the UK Horse Racing markets. Nowadays I'm playing online poker. Apart from online gambling, I also write about online poker and trading for the Betfair's Greek Blog and own various websites.
Great video!
You mentioned in other posts that the trend is your friend, but in this video at first when you broght up the betfair graph for this video it seemed to be coming in very consistently then started to drift, therefore opposing the trend? is it to be that ytou should only follow the trend in the 10 mins up to the race? meaning that the trend is your friend in this period only?
Kindest Regards
Paul - ps keep up the great work I always watch and re watch your videos!