Another new strategy

04/08/2011 | By More

Sat the in bath the other night pondering a number of things. Of all the things I do, looking for new things and trying to solve the puzzles that any market throws at me is the thing I find most interesting.

I came up with a way off thought based upon what I had seen from recent market data. Basically that the market has been tightening and less money than ever is lost to one side of the book or the other.

It’s too early to judge whether I’ve found something new but I put it into practice this week and the results are encouraging. The graph is just from the first two days of operation. Typically I use a spreadsheet to run some simple tests to see if I am on the right track and from there I can refine what I find. Using spreadsheets with Bet Angel are a great way of testing a market or ideal with minimal effort. The market never seems still despite it’s age so always keep looking at new ideas.

I’ll keep you in touch with my progress, or lack of it! For some background behind that last sentence, read these posts from last year.

https://www.betangel.com/blog_wp/2010/10/07/death-of-a-strategy/

https://www.betangel.com/blog_wp/2010/03/13/the-birth-of-a-strategy/

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Category: General, Trading strategies

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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