I am beginning my long road back to Thailand and ‘er indoors. I only came to this part of the world to celebrate my 50th birthday and have been here ever since! It’s now getting a bit too chilly so this repatriation flight has come at the right time! I would like to look today […]
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An email arrives from a particularly peeved trader. Two sentences he wrote say it all… (1)‘ It’s almost magical the way I can see several promising trades but choose only to trade the two that stop me out, while the others usually go on to win.’ Now doesn’t that sound like a familiar story? If you’ve […]
My publishers have organised a risk-free 30 day trial of a new type of race card, the GeeGeez Gold race card. It is a comprehensive race card with a great visual representation of a horse’s form by going, class, course, distance, and field. Green for good Orange for Ok Pink for not so good. […]
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Autumn 2006. It was a Friday. Rumours were flying… there were big stop orders sitting 32 ticks below the current T-Bond price and the big players were going to go after them. All I had to do was jump in and get involved too. It made sense on the chart and I could smell the […]
Have you ever done the infamous ‘Spreadsheet Millionaire’ exercise? It’s where you layout a foolproof master plan that proves just how quickly you’re going to trade your way to a million. All by averaging ‘just’ a 2% daily return. Because how hard can it be? That’s only, like, one winning trade a day. Sounds easy, […]
With Irish Racing an almost daily occurrence , I thought I would look at the stats for favourites over the Jumps in Ireland , over different criteria. I will list the most eyecatching stats over the last 5 years. Laying favourites in Ireland over the Jumps turned a 76 point profit to level stakes. 3 […]
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You might run candlesticks as your day-to-day default chart, but when you’re doing your bigger-picture analysis you might look at line charts and bar charts too. They can all help bring additional bits and pieces to your attention: patterns or price features you might not always spot so easily when running your regular candlesticks. So […]
Today and through the weekend, the Newmarket race meeting is high quality. Listed races, Group 2 races, Group 3 races today. Tomorrow sees the Cheveley Park Stakes and Middle Park Stakes. I approach these quality races by looking at the past as a cue to the future. www.thestatsdontlie.com is the website I use. https://www.thestatsdontlie.com/horse-racing/flat/cheveley-park-stakes/ and […]
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You might know I’m not a massive fan of technical indicators… (I’m talking about things like Stochastic Indicators, MACD, RSI and all those other exotic sounding tools.) If you’ve been following my stuff for a while you’ve probably noticed I lean more towards pure ‘Price Action’ when it comes to technical analysis. And that means […]
Ever feel you’re not quite in control of your trading actions? Do greed and fear drive your decisions rather than a proven trading plan? Let me tell you exactly what signs to look for. And then I’ll tell you what to do about it. 5 ways reckless ways to ruin your trades 1) You trade […]
