Would you buy at this price 95-98

[Lord Flasheart]

What are peoples opinions on say buying the ftse when it is 70pts up with 30 mins to go and the spread is 95-98. I wouldnd for the life of me be tempted.Many,many times I have seen many certainties get blow away. On betfair there are about 4 1.01 shots that lose every week

 

[Hoggums]

What are peoples opinions on say buying the ftse when it is 70pts up with 30 mins to go and the spread is 95-98. I wouldnd for the life of me be tempted.Many,many times I have seen many certainties get blow away. On betfair there are about 4 1.01 shots that lose every week

Never!

 

[tar]

why not if u have the tools and u have your own rules to pick a few bets every day with the odds ( 1.01 - 1.04 ) in the financials ? think about it if u start with only 1 pound and u put all your bank 400 times @ 1.03 your bank would be 136000 pound !!

 

[Lord Flasheart]

we can all play with figures, I would never risk 100 to win 3 and would stand those bets all day long. EVERY WEEK there are less than less than 200 horse races in uk and there are always 3 or 4 that lose at 1.01. No value at all

 

[donaldduke]

What are peoples opinions on say buying the ftse when it is 70pts up with 30 mins to go and the spread is 95-98. I wouldnd for the life of me be tempted.Many,many times I have seen many certainties get blow away. On betfair there are about 4 1.01 shots that lose every week

If you believe the odds are less than one in fifty of a reversal then its still a good bet. Although you should probably have got in a bit earlier. Generaly i wouldnt get in after 85. But everyone has their own risk tolerance and strat.

 

[riwf]

So far this year I've made points.

 

[tar]

if u make your own rules i think financials is different becuase these horses what r u talking about is not winners yet . when u take financial bet @1.03 at the last few minutes before expiry u want the situation stay the same but if u take it @ 10 u want it to reversal , and u have to pick a few bets only every day after looking @ the charts and the price movement of the instrument . but if u take all the bets @ 1.03 ofcourse u well lose . although i like the 7-37 odds because if u have 1 pound and u take four winning bets @ 20 your bank well be 160000 pound !! , dont ignore any type thats what i can say .

 

[Lord Flasheart]

fair points I generally like to buy at around 6-10 and look to sell for a profit depending on what happens. To me if yoiu see areversal of sort the the risk reward ratio is good

 

[oriana]

Riwf,
Do you trade the hourlies or just the dailies? Also have you a get-out level which you always use, or do you decide trade by trade?

 

[riwf]

Oriana

Daily FX ladders.
riwf

 

[jaichopra]

Oriana

Daily FX ladders. I place my wagers around 4pm and almost always let them run to the finish.

riwf

hello riwf
may I ask if you employ a rule of thumb figure to get stopped out. Also I was wondering if you were able to outline your methodology in a point wise manner. I have been experimenting with the last half hour prices with the indicies and would only buy if the price is between 80 and 85, add 2nd position between 60 and 65 and get out if the mid price (not sell quote) drops below 45.As I have only recently started taking interest in binaries, I am very interested in methods such as yours to see, if I can apply these to the T, without the emotions getting a better of me and stopping my self out . many thanks ,jai.

 

[compare bets]

two penneth worth

I agree with getting in at 6-10.

It's always better to limit risk by limiting the downsize. I come to an opinion of where the markets heading and will try to find value within this. e.g if theres been good news in the morning, blue chip with good results, no really negative news....i decice it is going to be an up day. If the market drops before, say, the dow opens in the pm, the points will drop.....producing a value opportunity!

comments welcome