The joy and frustration of trading!

I've had a reasonable week this week, given the opportunities available. But I was keen to bag a decent total for the week before the weekend encroached. After a reasonable start yesterday I got caught out on the 13:00 when the favourite drifted just when I didn't expect it. I got seriously spanked on that trade and was fuming. One of the problems is that I probably didn't help myself either. In my attempt to get out I probably helped the price move anyhow.

Roll onto the very next race and this time the same thing happened but I was ready for it this time. Paquet Cadeau drifted liked the proverbial barge down the Thames and I hopped on for the ride. From that point on the day improved dramatically. It was interesting to note how much this horse drifted. It's one of the biggest drifts we have seen on a favourite this year. I'd have to check the stats but I reckon this drift is bigger than 99.5% of all drifts we have seen. Probably higher.

This is one of the benefits of swing trading, big gains, sometimes very big. On the downside you have be quick or very smart to avoid taking regular losses. By definition the most volatile markets offer the best opportunities but also carrying some downside risk. Swing trading is one of the reason we vastly improved the charting capabilities of Bet Angel. We acquired a , rather expensive, licence for a specialist charting to do it. If you haven't used the charting it is preferable to have at least a dual screen display and click on the advanced charting icon. A whole world of specialist user definable charts await you.

You can view a quick overview by clicking here.