More Fun than Forex?

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

I really enjoy trading the Forex markets, but I'll also trade just about any other market including stocks and shares, commodities, cfd's and sports, in fact I'll trade any market with good liquidity, and where I have a good chance of coming out ahead in 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.

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!

I have to admit that I've changed my mind. I like a challenge and have been carefully investigating the horse racing market (only as a trading exercise), and I have become confident that it is relatively easy to win big time in racing, although you must have the right information and the right system.

The internet supplies me with the statistics, (much more data than I can cope with), and the problem is not in finding the data I need to design a profitable system, but to discard the nonsense and retain the useful information I seek.

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 located a really useful site with reviews and articles on the best horse racing betting and wagering strategies, which links to over 35 modestly priced (no more than $100) horse racing betting systems sites. Here I invested in some horse racing betting systems which seemed to offer me a serious advantage both for "first " and "place" betting wins.

More recently I have discovered Betting Exchanges: these are internet betting web sites where I am not taking on the bookies but pitting my wits against other punters like myself, on an equal footing (and without paying the bookie's built in premium). Using a Bet Exchange, I can not only bet on a horse to win or to be placed, I can also take the bookie's place and lay a horse, i.e. bet on it to lose.

I've invested in a Lay Betting system to add to my collection, and have been studying it and practicing with it ever since, and not doing too bad.

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!

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!

Be a horse Trader! I couldn't have really said that - surely!

Article Source: Free Content Articles Directory

Chris Temple is a successful forex trader. He has authored several books about Forex, winning horse racing systems and on finding the best winning horse racing betting systems

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