@Tomas How is it possible to gain consistency?
Here is Thursday's results, where I had a good day, with a strike rate of 8/9. Won 58p
I was looking for stable markets and laying at the bottom of the range. Not necessarily the favourite, but on runners that had not shown any volatility.
On Friday, I more than wiped out this profit, by losing 60p.
The worst result was in the 16.20 Thirsk; the first kept wanting to get backed, and the second kept drifting from 4.1
Such a scenario happened several times, and so I thought I recognised that the second was never going to break the 4.0 crossover.
There was plenty of money being offered as a lay at 4.0, so I layed in front of that at 4.1 thinking I would be safe. Only looking for 1 tick.
As soon as I layed, the support money at 4.0 vanished quickly (not a spoof, just that a lot of backing suddenly happened). There was a massive drift on the favourite going from a low of 3.25 to a high of 4.7, which is what made the second steam down. I took a 4 tick loss, which doubled my loss for the day.
There was no sign of such a quick change in the market happening prior to this. Is that just bad luck, or did I trade wrong?