Charting is a very useful tool and can be used to identify good trading positions, but they're not the only way to make money from financial trading on Betfair. Another tactic I used to generate profits in both the daily and intraday markets is momentum trading. This is where the ADVFN monitor comes into it's own. I had the top 20 FTSE 100 companies listed on my monitor, but the ones I watched most closely were generally the top five or six largest because these were the ones that moved the FTSE 100 index the most. At the time of writing, these are BP, HSBC, Glaxo, Vodafone, Royal Bank of Scotland, and Barclays. It's impossible to know for sure, but from my experience a one tick movement (eg BP going from 640.5 to 641) in each of these shares is approximately equivalent to the resulting movement in the FTSE 100: BP = 0.5, HSBC = 0.5, Glaxo = 0.5, Vodafone = 0.7, RBS = 0.3, Barclays = 0.3.
I've used this information to make huge profits in the past in a matter of seconds, particularly in the closing stages of tight intraday markets. Let's take a simple example of a 10-11 market. It's 10.59, and there's 10 seconds left (it's always useful to have a clock that displays seconds and is 100% accurate by your monitor). The opening 10.00 FTSE price is 5700 exactly, and the current price is 5699.1. With just 10 seconds left the FTSE down price is very low, as you'd expect with just 10 seconds remaining, at 1.05. Watching your monitor, you see that Vodafone, BP and Glaxo's price have all ticked up in the last few seconds and none of the other of the big shares on your monitor have moved. Because you know that these three upticks alone will push the FTSE up by roughly (0.7+0.5+0.5=1.7) it's highly likely that the next price stamp taken will push the FTSE above the crucial 5700 level. You quickly go to your betfair window, and lay the down price at 1.05 for £100, although because there's likely to be a few other people watching the same data enter a price slightly higher such as 1.1 to ensure that you get matched. If you're clever you'll have already entered the bet details in anticipation of this so you may even get 1.05 if you're lucky. True enough, the first price stamp taken a few seconds after 11.00 is 5700.5. The sum total of the smaller constituents have dropped the price by 0.3 in this example, but you've still won your bet and pocketed £100.
Bear in mind that most people trading the financials only watch the actual FTSE 100 index figure and don't pay any attention to the individual share movements that make up the index. This method can also be used to pocket quick low risk profits at any time. For example, let's say the current intraday up price is 1.4. You notice that the majority of the shares in your monitor have suddenly ticked up. You quickly back the 1.4, the FTSE ticks up by 2-3 points, and the new price is trading at 1.25. You could then lay back at 1.27, for example, to ensure you get matched, and lock in a very quick profit. If you repeat this process many times during the day your bank can build up very quickly. Obviously it's not always as easy as this, and sometimes this may be a false signal, and the FTSE could quickly reverse down. In this instance, I would advise getting out as soon as possible. Take a small loss if you have to. For example, lay back at 1.45 in this example, if you failed to get matched at 1.27. From my experience I've found it's best to take a small hit than hold on in desperation hoping things will swing back your way.
Economic data releases / Interest rate decisions / Company results / Bernanke / Breaking news
All of these factors mentioned in the sub-heading above have a major impact on both the Dow Jones and the FTSE, and therefore provide excellent trading opportunities on Betfair. Because the news releases often cause sharp quick moves in the FTSE, it is often possible to do a quick momentum trade and lock in a profit within minutes. I should warn you that you need to be very quick to react to the data as good prices will quickly disappear so be prepared beforehand. Also you should learn to interpret the data yourself (this comes with experience) as sometimes the initial movement and direction is followed through, other times the move is reversed as analysts digest the information.
A good place to find upcoming data releases is here or on the "DAY" thread on ADVFN's premium bulletin board. You will soon learn which data releases affect the markets the most, but here is my list and times of the data releases that you should look out for:
7.00 - UK Company Results
9.30 - UK Economic Data
11.00 - UK Company Results
12.00 - UK Interest Rate Decisions
12.45 - European Interest Rate Decisions
1.30 / 2.15 / 3.00 - US Economic Data (biggest market movers)
3.00 - Ben Bernanke (new chairman of the Federal Reserve) Testimonies
3.30 - Oil Inventories
I've used this information to make huge profits in the past in a matter of seconds, particularly in the closing stages of tight intraday markets. Let's take a simple example of a 10-11 market. It's 10.59, and there's 10 seconds left (it's always useful to have a clock that displays seconds and is 100% accurate by your monitor). The opening 10.00 FTSE price is 5700 exactly, and the current price is 5699.1. With just 10 seconds left the FTSE down price is very low, as you'd expect with just 10 seconds remaining, at 1.05. Watching your monitor, you see that Vodafone, BP and Glaxo's price have all ticked up in the last few seconds and none of the other of the big shares on your monitor have moved. Because you know that these three upticks alone will push the FTSE up by roughly (0.7+0.5+0.5=1.7) it's highly likely that the next price stamp taken will push the FTSE above the crucial 5700 level. You quickly go to your betfair window, and lay the down price at 1.05 for £100, although because there's likely to be a few other people watching the same data enter a price slightly higher such as 1.1 to ensure that you get matched. If you're clever you'll have already entered the bet details in anticipation of this so you may even get 1.05 if you're lucky. True enough, the first price stamp taken a few seconds after 11.00 is 5700.5. The sum total of the smaller constituents have dropped the price by 0.3 in this example, but you've still won your bet and pocketed £100.
Bear in mind that most people trading the financials only watch the actual FTSE 100 index figure and don't pay any attention to the individual share movements that make up the index. This method can also be used to pocket quick low risk profits at any time. For example, let's say the current intraday up price is 1.4. You notice that the majority of the shares in your monitor have suddenly ticked up. You quickly back the 1.4, the FTSE ticks up by 2-3 points, and the new price is trading at 1.25. You could then lay back at 1.27, for example, to ensure you get matched, and lock in a very quick profit. If you repeat this process many times during the day your bank can build up very quickly. Obviously it's not always as easy as this, and sometimes this may be a false signal, and the FTSE could quickly reverse down. In this instance, I would advise getting out as soon as possible. Take a small loss if you have to. For example, lay back at 1.45 in this example, if you failed to get matched at 1.27. From my experience I've found it's best to take a small hit than hold on in desperation hoping things will swing back your way.
Economic data releases / Interest rate decisions / Company results / Bernanke / Breaking news
All of these factors mentioned in the sub-heading above have a major impact on both the Dow Jones and the FTSE, and therefore provide excellent trading opportunities on Betfair. Because the news releases often cause sharp quick moves in the FTSE, it is often possible to do a quick momentum trade and lock in a profit within minutes. I should warn you that you need to be very quick to react to the data as good prices will quickly disappear so be prepared beforehand. Also you should learn to interpret the data yourself (this comes with experience) as sometimes the initial movement and direction is followed through, other times the move is reversed as analysts digest the information.
A good place to find upcoming data releases is here or on the "DAY" thread on ADVFN's premium bulletin board. You will soon learn which data releases affect the markets the most, but here is my list and times of the data releases that you should look out for:
7.00 - UK Company Results
9.30 - UK Economic Data
11.00 - UK Company Results
12.00 - UK Interest Rate Decisions
12.45 - European Interest Rate Decisions
1.30 / 2.15 / 3.00 - US Economic Data (biggest market movers)
3.00 - Ben Bernanke (new chairman of the Federal Reserve) Testimonies
3.30 - Oil Inventories
Tidak ada komentar:
Posting Komentar
http://ads.betfair.com/ad.aspx?bid=6413&pid=65516
let's join with us