by doris_day » Sat Mar 02, 2013 4:45 pm
A while back I had a very successful algorithm for in-play but like most things, it broke, or at least became unwell. This was partially due to the cross-matching, partially due to the poorer liquidity and partially due to the slow but inevitable increase in efficiency where there is a distinct lack. So I had to work hard to find another algo. Which I've now done. This one doesn't work in-play but I watch them quite a lot because I'm collecting other data for an idea I have. Anyway, I don't have any hard and fast data without looking but it seems to me there some right prats working in these markets as time and time again I'm seeing multiple horses traded at sub-1.20 and winners traded at very high prices. Obviously this has always happened but it seems that its happening with an increasing frequency these days. No doubt there are those able to take advantage of this increase in volatility but there must be some people out there taking hit after hit at stupid prices. Hope you're not one of them

'He was looking for the card so high and wild he'd never need to deal another' - Leonard Cohen