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Found 5 results

  1. dunken

    Build up of money on the ladder

    Hi everyone, Is there a video showing the build up of money or weight of money to determine a safe entry? If there is ,please could you direct me to that section? I have watched Tomas' vidoes and one aspect I would like to develop is a safe entry.For e.g safe entry based on weight of money to get out with one tick profit. Often I enter teh market thinking there's a lot of money at the price I am entering, but it goes the other way and I have to exit for a loss. any advice would be welcome
  2. Tomas

    6.7.14. Spoof

    Spoof is just another name for ‘False Money’. This false money appears in the market with no intention to be matched – it’s just placed there to manipulate the Weight of Money. It’s to confuse you and get your money. Basically, it’s a trap made by someone with deep pockets and you have to learn how to recognize this trap when trading. Of course, you’ll find unscrupulous people in trading! You’ll see spoofers and manipulators every day in the market. The best way to avoid them is to watch the underlying activity of the market. I mean by removing them from the equation. That sounds much simpler than it actually is, however. I recommend for you to record a few videos of races where you demonstrably see a spoofer or manipulator and learn from their activity. Spoofers and manipulators are usually very smart and they change their behaviour often. They change the size of stakes, frequency of their trades, time frame in which they operate, etc. So you need a little bit of practice in learning what is true & false money. Obviously, you can’t get it right 100% of the time but a spoof usually has these characteristics: Quickly changing the sides of the market (from Back to Lay and vice versa). For example – a spoofer places three big Back bets in order to ‘push’ the market down, where he matches his previously placed Lay bets. Once these Lay bets are matched, he quickly cancels three big Back bets and immediately submits big Lay bets to push the market up in his favour again. Unproportionally big stakes to the size of the market. For example – if there are £1000+ bets quickly appearing and disappearing in a low liquid market, it’s most likely a spoofer trying to manipulate it. Videos: Spoof & Scale Out £118+ ↓ Spoof ↓ Spoof 2 ↓ < PREV | HOME | NEXT >
  3. In this video, there was a very clear situation when a spoofer manipulated the market in order to make people think the price will go up. However, the price went down just a few moments later... Spoof & Scale Out 118 (VOICE & END).mp4 Description: I started recording the video when I clearly spotted a spoofer. 0:09 – 0:11 – You can see the spoofer with more than £9,500 on the Lay side @1.94. 0:12 – He moves the Lay bet to the price @2.00. Please notice that before he moves his bet to @2.00, there is only about £750 traded @2.02. 0:12 – 0:16 – There is more than £9,000 traded @2.02. Then he cancels the Lay bet. 0:16 – 0:23 – The price goes immediately down. 1:35 – I think the price has reached its peak, so it should go down. That’s why I’m ready to enter the market with a Back bet. 1:49 – Spoofer is again on the Lay side @1.96. How do I know that? Because he was in the market before, so I assume it’s him again. 1:56 – He entered the market with two £5,000 bets. The first one is @1.96 (see the previous point 1:49), the second one is @1.98. 2:02 – He cancelled the Lay bet @1.98. 2:05 – So I’m quite sure it’s him. I place my Back bets. At the same time, he cancels the Lay bet @1.96. 2:07 – 2:22 – I’m ready to scratch the trade if the market goes against me. 2:23 – 2:41 – I gradually exit the trade by scaling out with smaller bets. I quickly changed my stake with keyboard shortcuts. 2:56 – Placing a speculative bet just in case the market turns back. 3:14 – But the market goes south even more, so I jump on the train again. To be honest, this whole trade could have been done much better! I could have just held my initial position and let the profit run. I took the profit too early when I watch the video now. 3:33 – Scalping a correction in the market. The rest is just some quick scalping. Back to Spoof ↑ Back to Scale Out ↑ < PREV | HOME | NEXT >
  4. Tomas

    14.1.13. Spoof

    Spoof (VOICE & END).mp4 Description: 0:11 – Carefully watch the behaviour of four Back bets at the prices 4.40, 4.50, 4.60 & 4.70. These are quite big bets for such a weak market and they’re placed in the market just to make you think the market will move down. 0:26 – 0:36 – Once the spoofer has filled his bags with cheap Lay, he gradually removes his Back bets to drive the price up. Back to Spoof ↑ < PREV | HOME | NEXT >
  5. Tomas

    14.1.14. Spoof 2

    Spoof 2 (VOICE & END).mp4 Description: 0:11 – Watch the behaviour of the big Lay bet @5.30 on the second favourite. 0:29 – The bet is cancelled. 0:35 – And the market reacts by going down. 0:49 – The big Lay bet has arrived again @5.30 and the market quickly reacts by going up. Back to Spoof ↑ < PREV | HOME | NEXT >
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