John’s Horse Trading Resources

Tony Hastie

@John-Folan Definitely be interested to see how that bot pans out. Whats annoying me at the moment in the live trading is....

Im not getting my pergola built!!
Some of the selections Ive made have been true to their form and held up...they can be last, with 4 lengths to the next horse....and the bloody price will shorten!(which would certainly not work with your bot or mine) Maybe this occurs in the longer races? Probable, Ill have to take more notice. Or maybe I need to strengthen my selections?

Its just so annoying when a horse does everything you want it to do and the odds shorten or just lay dormant! Im not that interested in horse racing that I can watch a 3 mile plus race to the end

Martin

@John-Folan how long do you tend to give forward testing before going live stakes? I'm currently using 3+ months

John Folan

@Martin said in John’s Horse Trading Resources:

@John-Folan dead even this week for me, one of my strategies accounts for 20pts loss though so kind of pleased that the others have all profited. Weird how you can be pleased about such things!

It really is. I’ve got two more that are probably ready to go. Just decided to give them another month of testing before posting on here.

The Dreammaker bot is interesting. I’ve never thought of doing it like this before. You don’t need a stop loss just a set trade out point. The horses still aren’t fancied to win at that point even if they have run well so you don’t get much of a steam on any losses so they should be minimal. Amazing what a little chat on here can do. Thanking @Tony-Hastie for getting me going on the bot idea again.

Martin

@John-Folan dead even this week for me, one of my strategies accounts for 20pts loss though so kind of pleased that the others have all profited. Weird how you can be pleased about such things!

John Folan

Bots going ok. Got it trading out between 1-2 minutes regardless. Entering closer to the race than recommended but that me anyway. Interesting watching what happens inrunning. Pretty stable the first half of the race.

John Folan

@Tony-Hastie said in John’s Horse Trading Resources:

@John-Folan Funnily enough, last night I watched a video of Peter Webb creating a basic L2B bot. It enters the market 10 seconds after the off to avoid the mayhem that hits the odds...and goes for 10 ticks profit

Im testing that out(thanks american racing!), it’s going pretty well so far...

This seems alright as well. I’m playing with the price being used back/lay/mid/actual/opposite. Looks ok.

6 points from dobs and trobs today too!

Tony Hastie

@John-Folan Funnily enough, last night I watched a video of Peter Webb creating a basic L2B bot. It enters the market 10 seconds after the off to avoid the mayhem that hits the odds...and goes for 10 ticks profit

Im testing that out(thanks american racing!), its going pretty well so far...

John Folan

@Martin said in John’s Horse Trading Resources:

@John-Folan really interesting stuff, how come it can't be tested on the software?

Software asks for exit point of profit/ticks or points. I’ve asked Adam to look at just a time exit point.

Martin

@John-Folan really interesting stuff, how come it can't be tested on the software?

John Folan

I’m trying something with the LTB’s.

I’m trading out at a certain time after the start no matter what. Close enough to the start that price movements shouldn’t be crazy but far enough that a drift will have happened. Will trial different times and see where it goes.

Can’t really test that in the software as you need a trade out target. So a good old fashioned manual test and tweaking of the bot will be happening. I’ll let you know how it goes.

John Folan

@Tony-Hastie said in John’s Horse Trading Resources:

@John-Folan
@Joseph-Henderson

Also, it really does help if you're watching the right horse

Glad it’s not just me that’s done that

Tony Hastie

@John-Folan
@Joseph-Henderson

Also, it really does help if you're watching the right horse

John Folan

@Tony-Hastie said in John’s Horse Trading Resources:

@Joseph-Henderson Not really, it depends on the horses run. I watch the race and play it by ear. If it has a good start in a short race(under 1m) I’ll usually get out pretty quickly though. @John-Folan is much more experienced and in a better position advise really, Ive been doing it 2 weeks

Depends on what’s happening. I will bail for a loss or small profit if horse looks like it’s going for it. Better safe than sorry and always another race

Tony Hastie

@Joseph-Henderson Not really, it depends on the horses run. I watch the race and play it by ear. If it has a good start in a short race(under 1m) Ill usually get out pretty quickly though. @John-Folan is much more experienced and in a better position advise really, Ive been doing it 2 weeks

Joseph Henderson

@Tony-Hastie thanks! Might give it a go! Do you have a set exit point if the trade is going badly?

Tony Hastie

@Joseph-Henderson 8-20. Yeah, I look for about £150 min over the next 3 prices. Im still very much in the learning phase though

Joseph Henderson

@Tony-Hastie thanks for sharing, I’ll take a look. What are your entry odds criteria? In terms of safe entry - are you looking for money on the two odds higher than the entry?

Tony Hastie

@Joseph-Henderson Its a very loose filter that looks quite rubbish results wise. But I like a good selection so that some at least hit the odds criteria.
DreammakerL2B.json

Joseph Henderson

@Tony-Hastie Hi Tony. How do you get your L2B selections for the day? Have you create a filter based on the criteria outlined at the start of this thread (Dream maker 62's LTB)?

John Folan

@Tony-Hastie said in John’s Horse Trading Resources:

@John-Folan I have a BA bot I use for scalping a front runner for 20% with a 50% stop loss that seems to go ok at low stakes. Its blown past the stop loss once in the last 20 times. I might start experimenting also with the L2Bs....for the school run races!

With the L2Bs though, If youre watching the race and you see your horse get off to a shocker you can hold off for a bit! I know thats not what the strategy suggests you do but its a no brainer that if your horse is at the back and being whipped its done for the day

Yep. Really silly not to. Easy money that. Happens quite a bit as well.