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Cheltenham Trading

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  • Nikol
    replied
    Btw Is it raining in Cheltenham right now ? The Starts are delayed a lot, the trading is bad, not what I expected Well this is only the 1st day but...

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  • LuckyYou
    replied
    Originally posted by bazbaz View Post
    If you like cheltenham trading then you've got Aintree to look forward too in a few weeks....
    This is nothing, compared to Chelt mate :Kerching

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  • kawasaki
    replied

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  • Rocket to the FACE
    replied
    Too many people in this thread trying to trade based on how much money is in the first 3 boxes. Never has worked, never will.

    As far as Cheltenham goes, I've had 5 outright punter bets. And all five lost. My girlfriend has also had 5 and guess what, 4 have won.


    Women

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  • LuckyYou
    replied
    Excellent day for me. Perfect performance on both Chelt and the Low-liquid races. It was perfect 4 days. When are the next high-liquid races you talked about?
    Btw does someone know about the HBO tv-series "Luck" - Its about horse racing, betting, cheating. Its stopped because 3 horses already died on the grounds and they stopped it, but I think I'm gonna watch the tv series that they made Someone have a clue is it worth it ?

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  • LuckyYou
    replied
    Originally posted by bazbaz View Post
    Unfortunately the big player's bots are still on the other races so there's no escaping.

    Anyone making decent money using larger stakes at Cheltenham who doesn't normally would probably be well advised to have a few days off afterwards. It's a familiar story that some people will get a taste for making good money at cheltenham, get excited by this and then overstake in the crappy illiquid markets that follow in the days after cheltenham and get themselves into trouble
    Fortunately I am new to the horse racing, but not new to the trading so I can not get overexcited so easily from this and I know that I am not at my best on low-liquidity races and I am not overstaking... But you are absolutely right for new players...

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  • LuckyYou
    replied
    Originally posted by PC0845 View Post
    Am I right in saying that your stake is about €400 / €500 liability on average?

    Am I the only small fry here that would consider these as pretty high stakes ?
    Its very very small stakes. My stakes on football are between 700-1500...

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  • Morgans Choice
    replied
    Originally posted by Temujin View Post
    would it be fair to suggest that there would be much easier money for new traders learning their craft by dismissing Cheltenham, and trading the other markets?
    Hi T,

    from a personal point of view, that's fair to say. I made more at Wolverhampton last night than I have in three days at Cheltenham.

    cheers, MC

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  • bazbaz
    replied
    Unfortunately the big player's bots are still on the other races so there's no escaping.

    Anyone making decent money using larger stakes at Cheltenham who doesn't normally would probably be well advised to have a few days off afterwards. It's a familiar story that some people will get a taste for making good money at cheltenham, get excited by this and then overstake in the crappy illiquid markets that follow in the days after cheltenham and get themselves into trouble

    Leave a comment:


  • Temujin
    replied
    Without having a clue and making some assumptions here (that there are still other meetings on around Cheltenham), would it be fair to suggest that there would be much easier money for new traders learning their craft by dismissing Cheltenham, and trading the other markets? The big players have been eyeing off Cheltenham probably for 12 months, so I suspect a lot of the other meetings are relatively snake free.?

    Innocent question. Have only traded 4 UK races in about the last 4 months, and looked at 0 apart from them.

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  • PC0845
    replied
    Originally posted by LuckyYou View Post
    100 EUR for 4-6, 75 EUR for 6-10, 50 EUR for 10 - 15
    Am I right in saying that your stake is about €400 / €500 liability on average?

    Am I the only small fry here that would consider these as pretty high stakes ?

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  • LuckyYou
    replied
    Originally posted by 1/4 of a millionaire fund View Post
    I doubt it's down to the liquidity why you're struggling, the regular races can easily handle the stakes you're playing with.

    You have to accept Cheltenham for what it is, a one off . It's not everyones cup of tea as the markets do behave slightly differently. Personally, I do OK but I can understand why some full timers don't enjoy it. Even though I might make 3 or more times what I usually make per meeting, over the year it'll have little impact on my earnings and you'd be much better off sorting out why you struggle on the usual stuff rather than trying to cash in at Cheltenham.
    I know that Chelt is an exception. Just wanted not to be I'll need a lot more expirience for the regular races indeed...

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  • 1/4 of a millionaire fund
    replied
    Originally posted by LuckyYou View Post
    Trading Chelt is very similar to trading Football before the start. Maybe thats why its so easy for me and I am strugling so much on a regular races. I am not saying I am not making money - Yes I do, but I can't increase the stake that is what is pissing me off - I can't make more
    I doubt it's down to the liquidity why you're struggling, the regular races can easily handle the stakes you're playing with.

    You have to accept Cheltenham for what it is, a one off . It's not everyones cup of tea as the markets do behave slightly differently. Personally, I do OK but I can understand why some full timers don't enjoy it. Even though I might make 3 or more times what I usually make per meeting, over the year it'll have little impact on my earnings and you'd be much better off sorting out why you struggle on the usual stuff rather than trying to cash in at Cheltenham.

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  • LuckyYou
    replied
    Trading Chelt is very similar to trading Football before the start. Maybe thats why its so easy for me and I am strugling so much on a regular races. I am not saying I am not making money - Yes I do, but I can't increase the stake that is what is pissing me off - I can't make more

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  • LuckyYou
    replied
    Originally posted by 1/4 of a millionaire fund View Post
    Jeepers, what sort of stakes are you using !!! Cheltenham's a one off I'm afraid, Aintree and a few of the bigger flat meetings will come close but you're out of luck with the day to day bread and butter stuff.
    100 EUR for 4-6, 75 EUR for 6-10, 50 EUR for 10 - 15 - I'm avoiding to trade favorites because I really lose everything there ... as you can see the stakes are very low indeed and i'm still strugling
    Tripple that on Chelt... I'm sure I can increase the stakes on Chelt even more without a problem but I dont have the bank for that. I'll be prepared next year
    Tommorrow I'll probably trade only Chelt - I think this would be the best to do...
    Time to make some Football now Europe League on the way :P

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