Monday 12 January 2009

Million dollar traders


Just finished watching a new series called Million dollar traders on BBC2. it is about some wannabe traders learning to trade for the first time and trying to become a successful hedge fund manager !! Although the programme is about shares trading, the concept is just the same as horse racing trading.
while watching and laughing at the novice traders did some horrible trades and did their bollocks, i couldn't help thinking about their blunders was a true reflection of my early trading days on Betfair--littered with mistakes and more downs then ups.
There was one instance in the distant past, i laid a horse called "Music to my ear"to win good money who was in the forth place and a long way behind the leaders with one fence to jump, then holy shit happened, all three leading horses fell at the last-- i threw the remote at the TV.
These days, big losses are much easier to take as i have made a reasonable amount of money already and have no financial worries whatsoever.
As for today's trades, i completely lost the plot towards the end of the day :-(

6 comments:

John said...

Yip it was a good show - will be interesting to follow

John said...

Well Ming were you the lucky punter with £111 matched at 999/1 for £111k on Pangbourne at Taunton yesterday?

Jeff Waters said...

Hi Mr Wong

Do you know of any good books covering how to interpret what's happening during a horse race?

Regards

Jeff

Unknown said...

Hi!

Great blog. Great results!

Why dont you update it as regular as you started?

I´m looking forward to your analisys of races and trading style.

Mr Wong In-Running Trading Blog said...

Hi John,
I laid Pangbourne :-(
Hi Jeff,
No, i don't think there is an in-running book on the market at the moment.
Cheers

Unknown said...

I love watching Million dollar traders too. It's good to know you like that too.
__________
-- Life can only be understood backwards, but it must be lived forward. ~Soren Kierkegaad
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