I have not been able to fit in any trading since the weekend. However I saw something very interesting on Saturday(that I forgot to include in my blog) that has got me thinking. I was trading a novice chase at Wincanton on Saturday and had just closed my position on the 2nd or 3rd favourite (the horse was trading at about 5 at the off.) I was trading close to the off so had not greened up my position before the off. I had a £40 green so £8 profit if I had greened up before the off. I was just about to green up when the favourite fell at the first. Suddenly my horse came in to 3.5 I thought that is nice and again went to press the hedge button just before I did this the other fancied horse fell at the second and the price on my horse crashed in to just under 2. At this point I thought how lucky I had been and greened up for a nice profit of £20. It again showed me how risky taking any pre-race trades in play would be e.g. if you had backed the fav and gone in-play your money would have been gone in seconds.
However if you did some research and knew your horse was a good jumper then could you not take a small stake in-play and see what happens in the frst few fences, then close out your position? This could be one of many strategies that could work in-play. If I am going to use in-play strategies then my stakes will be minimal £10 at the most. I will also not rely on a strategy where seeing fast pictures are crucial as you probably know there is always someone with quicker pictures and reaction times. I will be looking to try one strategy over the weekend this will not be used in every race but I am sure it could draw in some extra cash.