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Peter Webb, Betfair trading – Catching a steamer








A couple of years ago Betfair asked me to record entire trading sessions that they could use to demonstrate how a professional trader trades.

I record a load of videos for them but ultimately they only ended up using one of them. When I was going through my archives this week I found all of them again and this one helps answer a few questions I’ve received on the channel recently.

I’ve narrated over the original video that had no audio. But this should give you a few trading hints.

Vídeo Completo






14 Comentários

  1. Could you have traded it the opposite way? Or would you have been tempted to lay if you had missed the initial steam through 2.0? Also you have said before the best way to exit is to filter your exit and not just press the hedge button. What were the reasons for doing it this time?

  2. Great stuff, Peter thanks, how canny it can be though cos u would expect the 3rd horse to drift from 7.2 7.4 to 8 ish but no it came in ….

  3. Correct me if Im wrong , my anylysis of why you entered the market at that point was that you often get a steamer on a maiden as the market has little info to go on, the price was also close to a crossover point and the price had broken through its own lower price range

  4. Great video again Peter. Betfair love traders as it increases their volume and commission- and indeed premium charges! I wish I was doing well enough to pay that! I feel like laying that favourite, it could just as easily bounce back up. there's so many different factors that we're not seeing behind a computer. but if it was easy, we'd all be doing it…..

  5. Another video of high quality. Can you please do an opposite one called "Catching a drifter"?

    Maybe Betfair asked for your entire trading sessions so that they too could profit from your edge by perhaps automating parts of it on a larger scale, or to change the markets and make it harder to trade or for some other sinister reason 🙂

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