A clear cut trading signal

I’m often asked what is a good trading signal. In fact, many factors make up a potential signal and your tolerance to risk and mindset make up another factor that contributes to whether you can act on what you see or not. I quite like manic markets that seem out of control, but that’s because I can often see order in disorder, I’m tuned to that. Some people just can’t stand those markets. But there are some clear cut trading signals that all of us can see, amateur or professional alike.

Today at Catterick we saw ‘The Only Boss’ loveless in the market. From an early low of under 3’s he drifted to mid 4’s, a fairly clear cut negative. The price stabilised from there. As the horse came out from the parade ring to the course it saw the turf and bolted. When that happens punters are not exactly going to back a horse to kingdom come, in fact, if they have already backed it, they may be looking for an exit.

As the horse sped towards the start the price reacted and drifted all the way out to an SP of near on 7’s. The most clear cut trade of the day and a significant one at that.

Category: Horse Racing, Trading strategies