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A Happier Way To Trade?

By: Christopher Temple

I don't think many traders appreciate the wide choice of alternative markets that are available to them.

I love to trade in the Forex markets (well it is my job) but I also enjoy trading stocks, shares, commodities, soccer, or indeed any sport. In fact I like to trade any market where there is high liquidity, and where the numbers tell me that I have a very good chance of financially coming out ahead over the long term.

You've probably guessed that I love testing and evaluating trading systems. Even more, I like trying out, developing and evolving systems to the point where I am totally confident that it they make me appreciably richer. I don't care where the system comes from, and in what market it operates, so long as it operates for me, or I can twist it to my requirements and make it work as I would wish.

Recently a friend suggested that I trade race horses. Now - I don't ever go to horse racing tracks, and I used to think that people who loved horse racing betting were crazy - why would anyone bet on something as uncertain as horse racing where the least problem (weather, a cold, a stumble, even a loud bang) can cause a disaster?

Seriously, I always believed that I couldn't make money betting on horses.

Well I'm happy to say that I have changed my mind. I love a challenge and recently I have been looking seriously a whether I should consider trading the horse racing market (as a trading exercise - you understand), and I have been converted, I now think that it is possible to win money big time in this market, just so long as you have the right data and the right betting system.

The net provides the data, (far more than I can possibly manage) and my problem is not locating the information I need for a cost-effective system, but separating out the good information from the less good.

The racing market is a giant industry and many people make a good living from it, supplying all sorts of vital information. It's all good and reliable information too, but all I search for is just enough to be able to trade at a profit!

I have found a very useful site which lists and reviews the best horse racing betting and wagering systems and with links out to more than 30 reasonably priced horse racing betting systems. It was there that I managed to locate and ultimately invest in several horse racing betting systems which seem to give me a good statistical edge both for win and place betting.

Even more recently I stumbled across the world of Betting Exchanges. These are internet betting and trading sites where I can avoid the bookies and pit my wits against other punters just like me, and on a totally level playing field (and without paying the bookie's usual huge premium). By using my Bet Exchanges, I can bet not only on a horse to win or be placed, I can also assume the bookie's role and lay a horse, that is to bet on it to lose.

I've obtained a "Lay Betting" trading system at my favorite site and been testing and practicing it with good results.

I now own quite a few horse racing trading systems, all of them giving me (according to my testing) a pretty good chance of winning well over the medium and long term. So if things are slow in the forex market I can switch over to my horse racing gambling strategies and make some good money here also!

I much prefer to think of this activity as trading even if others see it as gambling, and - although I have still never been to a race course, and only occasionally watch racing on TV - the whole procedure does seems a lot more fun than my Forex Trading. Maybe it's because its all quite new to me and still a novelty!

So come on you boring financial traders, drag some fun into your trading life, explore the world of Horse-Trading!

Did I really say Trade Horses? Well, I'm sure you understand me!

Article Source: http://www.articlemonk.com

Chris Temple is a successful forex trader. He writes titles on Forex, winning horse racing systems and on finding the best winning horse racing betting systems
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