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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 trade the Forex markets (naturally) but I'll also trade stocks and shares, commodities, cfd's, football, actually I'll trade most sports. In fact I'll trade any market where there is plenty of liquidity, and where statistically I have a better than even chance of coming out ahead.

I love investigating trading systems. Better still, I love testing and developing other people's systems to the point where I myself am absolutely confident that they will work for me and (equally important) make me lots of money. I don't mind whose the system is, and what market it is in, just so long as it works, or I can modify it to my requirements and make it work for me.

A few weeks ago a good friend of mine asked my why I didn't trade horses. Well - I've never been on a race course, and I used to think that people who enjoyed horse race betting were all mad - why bet on something as iffy as a horse race where even the tiniest problem (such as the weather, a cold, a trip, or even a loud noise) can bring about a catastrophe?

To be honest, I thought it was impossible to win money betting on horses. Far too many variables!

Well I've changed my mind. I enjoy a challenge and in recent times I have been looking seriously at trading the horse racing scene (purely as a trading exercise), and I have become convinced that it is possible to win really big time in this arena, just so long as you have the right stats and the right system.

The internet brings the stats, far more than I can manage, and the problem is not finding the information I need to work out a profitable system, but to discard the dross and separate out the useful information from the rest.

Racing is a very big multi-million dollar industry, from which lots of folk make a pretty good living providing and managing all the information that punters seem to need. It's all useful stuff, but all I seek is the smallest amount that leaves me able to trade at a profit.

Recently I found a very useful web site which reviews the top horse racing betting systems and links to over 30 other web sites offering low cost (most less than $100) horse racing wagering systems. At that site I located and invested in several horse betting systems that all seem to give me a good edge both for on-the-nose and place bets.

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 also bought a Lay Betting trading or betting system too, and have been practicing it ever since.

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!

Mind you, I do prefer to think of this activity as trading and not gambling, and interestingly - although I have still never been to a race track and rarely watch the races on TV - the whole process seems a lot more fun than Forex Trading.

Maybe that's because its new to me and the freshness hasn't yet worn off! So here's a message for my trading friends -widen your trading markets and have some fun while you work. Be a horse trader as well!

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

Article Source: http://ezine-articles-planet.com

Chris Temple is a successful forex trader. He writes books on Forex, winning horse racing systems and on finding the best winning horse racing betting systems
Click here for other unique winning horse race systems articles.

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