We have finished taking a look at Caan Berry’s Pre-Race Trading Guide and would like to provide a summary of our thoughts below.
Trading guides and courses tend to be difficult to give definitive ratings on as it can depend so much on how you use the information, your own discipline and skill and so on. However, we will go through each aspect of the guide and provide our thoughts so you have a better idea of what it’s all about and then give our overall verdict on it.
Who Is Caan Berry?
Caan Berry is one of the most famous Betfair traders. Having previously been in the army, Caan turned his attention to Betfair in 2009 and spent a great deal of time and effort learning how to trade effectively.
Having done so he apparently became very successful at it and went on to be featured on Betfair Learning, Betdaq Tips, BBC Radio 4, and in 2014 was featured by Betfair for their ‘pro traders’ campaign as well as being a recognised figure on the Betfair website. Mr Berry has also published a renowned book on sports trading. He currently has his own website featuring four trading courses, one of which is this is Pre-Race Trading Guide.
What Do You Get With the Guide?
The Pre-Race Trading Guide comes in four main parts:-
- – Basics – Correct Setup
- – Main Guide
- – Example video
- – 2 x bonus videos
Looking at each of those in turn you have:-
1. Correct Setup
This part of the guide is in video form and shows you how to set up trading software from scratch. Caan uses Geeks Toy and goes through his own settings on that platform together with why he uses those settings. This section of the guide is useful for seeing exactly which menus, graphs and features Caan uses to help his trading and is certainly worth paying close attention to. You will also need to understand this for a lot of the information in the main guide to make sense.
Caan even provides a settings zip file you can download and copy into your software which is very helpful, although as we say understanding why he uses those settings and what they mean is also important.
2. Main Guide
The main guide comes in the form of a 118 page document available to read within the website. It is a very comprehensive and detailed document and it will probably take a few readings to really grasp and understand everything in there.
In essence the guide covers how you should approach trading the pre-race markets and what to look for. This covers everything from:-
- – How markets move and what affects them
- – Things to watch for on TV (and how they affect the pre-race market)
- – What times are best to trade
- – What races are best to trade
- – What style of trading is best suited to different types of race
- – Which days are best to trade
- – Price ranges and tick sizes
- – Price-volume relationship
- – Tools to use
- – Live shows and TV channels
- – Mentality, discipline and stakes
- – Resistance points
- – Trainers and jockeys
There is much more in the guide but those are some of the main themes. Essentially there isn’t a single strict methodology or set of rules to follow, it is more of a set of guidelines and advice and trying to help people understand how markets move and setting you up to potentially profit from them.
3. Example Video
There then follows a video showing an example of Caan trading a particular type of race and where a particular jockey/trainer combo often leads to moves in the market. Caan makes £21.20 on this trade on Geeks Toy.
4. Two Bonus Videos
Finally there are two extra videos, one covering another example of Caan trading a race before the off on Geeks Toy – this time more of a scalping opportunity rather than a swing trade and the other video covers mindset and discipline.
Our Thoughts on the Guide
As we said at the start, it is often difficult to give definitive verdicts on trading courses because unless they provide a very strict methodology for trading – e.g. when these conditions are met, do this, then do that, etc – everyone will get different results depending on how much time they put in understanding the information, how much discipline they have whilst trading, their own aptitude for it and so on.
This is certainly one of those courses that is more about guidelines and advice than a strict methodology. We would make an analogy to someone teaching you to fish – it is more like you are being given advice on what equipment to use, which rivers are best, what time of day to go, what to look for, which type of fish to focus on and what makes a good fisherman. It is up to you though to take the time to practice, learn and perfect the art of doing it consistently and make a success of it.
The advice in the guide is very sound and logical and you can see that Caan understands markets very well. The things to look out for from a racing standpoint all make sense and should be things anyone with a reasonable knowledge of racing can follow.
In terms of the actual trading examples and discussions, this is not for complete beginners and if you haven’t traded before we would recommend some beginners courses available on YouTube (e.g. Bet Angel have a good intro course) so you understand things like how the ladders work, how to put an order in, execute a trade etc. For regular traders it should be fairly straightforward to follow though.
One of the aspects discussed in the guide is the prevalence of certain jockeys and trainers to be gambled on and be good for trading, so it could benefit from listing those a little more comprehensively or at least point customers towards where they can find such info.
Other than that though we think this is a very sound guide and is definitely good value at just £45 when you consider some of the exorbitant and frankly ridiculous prices some people charge for trading courses these days.
Will it turn you into a successful trader and enable you to make a consistent profit? Well we couldn’t say that for sure, much of that will be up to the individual and how they choose to use the information. But we would say it is one of the better trading guides out there and well worth checking out if you want to learn from one of the best in the business and improve your pre-race trading.
Caan Berry Trading Guide – New Review
22nd October 2019
One of the most famous Betfair traders is Caan Berry. Having previously been in the army, Caan turned his attention to Betfair in 2009 and spent a great deal of time and effort learning how to trade effectively.
Having done so he apparently became very successful at it and went on to be featured on Betfair Learning, Betdaq Tips, BBC Radio 4, and in 2014 was featured by Betfair for their ‘pro traders’ campaign as well as being a recognised figure on the Betfair website. Mr Berry has also published a renowned book on sports trading.
Given his excellent reputation, we thought it would be a good idea to take some time looking at Caan’s trading courses and to see what we could learn.
There are a few different ones to choose from, but we are going to start with the Pre-Race Trading Guide, which costs £39 and comes with:-
- – Where to begin, how to get set up
- – The understanding behind market limitations and characteristics
- – How to best interpret streaming information and indicators within a live market environment
- – Influencing forces and factors that cause market movement
- – The 7 stages to market formation
- – How to identify profitable situations, ready in anticipation to squeeze as much profit from them as possible
- – Where to anticipate potential threats and dangers, avoiding them before they develop
- – Practical methods to maximise trading efficiency
- – Which tools are most helpful to read the market and why
All of which sounds pretty good and we are looking forward to checking this material out. Will it turn us into professional traders? Who knows, but hopefully there will be enough in there to point the way towards profits, which is all you can ask for really.
So we will get the review underway and will report back in due course on how things are going.