More Fun than Forex?

Why don't more traders in the financial markets recognise the many other trading opportunities that are out there. Many of those alternative markets are a lot more fun to trade too!

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.

A few months ago a friend of mine demanded to know why I didn't tray trading the horses. Hmmm! I hadn't thought of that! I've never been on a race course, and I used to think that people who loved horse racing betting were all crazy - why bet on something as uncertain as a horse race where the slightest problem (weather, a cold, a trip, even a loud noise) can cause me a financial disaster?

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 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 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.

So now I have several horse racing trading systems at my disposal, all of which give me (according to my calculations anyway) a statistical probability of winning over the long term. Now, when things are slow on the financial markets I can dabble with my horse racing gambling systems and make a few dollars there too.

However, I do insist on regarding this as trading and not gambling, and - although I have still not been anywhere near to a race track and don't watch it on the TV, it all seems a lot more enjoyable than my Forex Trading. Possibly because its still new to me!

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

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

Article Source: http://www.articles.ask-me-about.com

Chris Temple has a successful forex career. He writes books on Forex, winning horse racing systems and on choosing the best winning horse racing betting systems