Advice on good trading opportunities with excel

[laffo16]

Hi all, ive been looking at my log of last saturdays races trying to put together a good formula driven system to find when to launch the appropiate back and lay bets in excel (within 6 minutes b4 the off). I'm struggling to find a consistant formula with money weight, wom etc (i see alot of wom going one way and the odds shifting the other*) at the moment but have only just started to scratch the surface. i was wondering if anyone could share some advice of this matter. I will post my own findings soon.

[laffo16]

on a seperate note, i was wondering if their are any members from betting-school.com here? is this site seriously worth the £24.97 a month subscription? the admin tells me that they have customer base of gruss members their who post their results on a daily basis. If anyone can provide some more information about this site i would appreciate it.

[mantas779]

i looked at the website, but i don't think it is worth my Euro's , according to the free sample i got from them. nothing new to me.

Maybe others have different experiences.

One thing i learned, the traders who make money with there own systems witch they put in a lot of research and hours programming , they won't share it. And won't spent time to make a website to explain it to people.

[Bid]

In my opinion, WOM trading only really works regularly on markets where you already know which way the price is going. WOM then can be used as an indication od when to trade and not which way.

A good example of this is the draw in a football match. If the score is 0-0 then you know the price of the draw will slowly come down. You can use use WOM to help select when to trade it. The key to WOM trading is to get in and out as fast as possible to limit the time you are exposed to the market.

WOM trading in the 10 mins before a horse race starts is probably where most people will begin as traders due to the number of available races. But WOM alone won't, as you've already found out, tell you which way the trade should go as these markets are open to manipulation as well as speculation.

[mantas779]

True, WOM works the best in horse races when a previous race has finished. Alot of traders come to the next race and start to buy the FAV.

But personoly i wont trade on that indicator.

- last years more traders come so you don't get a clear picture any more of REAL money. You see now how fast bots and traders go in and out.

I would focus more on non fav.s to trade!

[laffo16]

intresting indeed thank you.