Exchange Secrets

ExchangeSecrets.com - The number one trading advice service dedicated to assisting people with trading on the horse racing markets.

The advice comes from two full-time professional traders Adam Heathcote and Dave Raybould:

Adam Heathcote

Adam is a successful horse race trader with consistent daily profits averaging over £1,500. His blog (www.adamheathcote.blogspot.com) has been running since 2008 which publicly documents the potential that trading on horse racing can bring.

Here is the guy in action….

Dave Raybould

Dave is a successful trader, personal friend who has helped me with my trading over a number of years and well-known for providing one-to-one tuition. His canny ability to teach and explain how to trade has earned him an excellent reputation. He also has a good knowledge of horse racing in general. This extra knowledge can help when assessing certain markets and also help to locate opportunities where horses will be supported due to their previous form, breeding, trainer etc. This all helps when looking for an edge in today’s competitive markets.

Dave says…..

I always tried to advise people on market moves during personal 1-2-1 tuition but that was just one person. I found that people wanted to have a basic idea of how the market would change and which way the price would move. You cannot always get it right but the beauty of trading is a mistake need not cost you too much money. So long as you spot the error and close the position the damage is minimal. Adam was well known and his name would usually come up in conversation. Adam and I would then chat via Skype and discuss the markets for the day. It was popular with the clients so Adam and I discussed it and decided to try it as a business venture - it is not a scam and we are genuinely trying to help people learn more about the markets. There is no long term subscription and nobody is being forced to use the service. We will do our best to help with market assessment and general trading advice and if client’s need help they only have to ask . The idea is for them to learn more about the markets and the trading methods involved rather than just a price move predicition.

Because there are two of us we can provide the service we feel our client’s expect – a regular service that covers most of the coming day’s horse racing. We cannot offer advice on every race as some of the markets can be unpredictable and losses are the probable result. We aim to concentrate on the markets where we feel a profit can be made from a predictable market move.

What will the advice look like then?

Depending on how we see the markets and the information available to us the our advice will look like the following examples: The first example was supplied to help newer and less experienced members get a better understanding of a market and the potential influences that occur.

2:00 Cartmel

This race sees Lake Wakatipu set a strong standard and if he runs to normal form he should win this or at least go very close. This means a lot of people will want to support him and the price is likely to contract. Yes I know this is related to horse racing knowledge but this gives us an edge and I do the form assessment so you don’t have to.

The current price of 2.5 is skinny to me as a value man but to the multitude of punters out there, they will just back it because “a winner is a winner”. I have checked the markets with Adam and we have agreed this price should shorten.

Our estimation is it shouldn’t drift above 2.7 which should be the ceiling price. We believe it will probably shorten in to 2.20 - 2.30 were it may well bounce for a while. If it breaks through 2.2 then it could head towards 2.00 where it will probably bottom out. For this to break through 2.00 the 2nd and 3rd favourite would need to attract little or no support. The 2nd favourite is ridden by A P McCoy and trained by J J Lambe. Punters always see this combo as a punting chance as they always seem to think there is a “hidden plot” on these horses. A P McCoy ridden horses invariably trade lower than they should because layers and bookies know that punters will back them. Let’s face it, A P McCoy could be on a donkey from Blackpool beach and punters will still place a bet because “you never know, this could be a plot”.

So with that in mind, it could be a restricting factor on the price of the favourite. Any support could nullify a move so keep an eye on this. If there is no support then expect the favourite to shorten markedly. The same will apply to a lesser extent with Crazy Eyes so also monitor the price.

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