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you covered what i wanted to know thanks. :)

The showing system keeps a certain number of classes available for each Level/Grade (Level 3 National, for instance). When one class is filled, a new class is created. When I was showing manually (before I got the Premium Upgrade which does most of the showing for me), if I had a lot of horses in the same Level/Grade, I might put one in the first available class, the next one in the second available class, and so forth. However, Ammit says it really doesn't make much difference if you fill a whole class with your own horses, which is easy to do at the lower levels. All that means is that you sweep up all the available award points for that level, which helps build your showing bonus. :D

There are a bunch if factors that go into a horses cost: color/genetics (like w8 or sb2), paternity/sale of an in-house line (meaning all the family was kept by the breeder except for the one or two being sold), PT score ( how well a horse will show & until roughly what age), current points. The list goes on xD

Now, breeding comes down to you. What colors do you like, do you take inbreeding and uneven or even lines into account, do you test/paper, etc. I'll give you an example of what I look for, but this game is ultimately up to you and your likes & wants :)

For a breeding horse, take this mare: http://www.huntandjump.com/horse.php?horseid=5396473
She shows lined positive progression...for lack of a better phrase. She herself is 3g Blue paper. Her mother was a red 2g from a yellow/B cross. Her sire was an A 2g from a red/B cross. Usually you want to avoid uneven lines, like a foundation to a lined *star stud or anything that doesn't follow even progression (Found - Found, 2g to 2g, etc.) Lined horses like the 13+ PTs you see on leaderboards have very deep roots that go back years in the game. Those guys you just, again, look for progression, avoiding seeing a Blue Mare produce a red/Yellow that was bred and made a *gold daughter, for example.
Papers are easy to follow:
Mares: fail, yellow, red, blue, *gold
Studs: Show only, C, B, A, *Star

Buying and selling comes down to you & what you like, again. Showing horses takes time like in real life. As foals, they only show at 1L, and usually 4+ points Garner's you a winner who earns 1/2pt and +2hb profit. HOWEVER. If, for example, you have an inconsistent foal who could earn one point or sometimes 7, I usually pair two of my inconsistent horses in the same show so I can garuntee at least one will win. For older horses, you could get one of two types:
Consistent: http://www.huntandjump.com/horse.php?horseid=3928278
Inconsistent: http://www.huntandjump.com/horse.php?horseid=5264998

The top link shows what consistency is: this horse gains 4pts every week. As you going higher in class, you need more points to place better thus earning more money and more points. For example, 6N needs roughly 200pt to place well and 6W average around 216/220 to win.

The second horse shows inconsistency. I'll leave this one very open to discussion because I'm still learning it myself. Your horse still gains +2, +3, +4, and extremely rarely +5pts every Sunday they are trained. However, their scores wont reflect this. You can see in her scores, she could earn 7pt or as low as 3pt in a 1L show.

The most important thing to remember: shows earn you a little pocket change if you have good showers. Most of your money will come from the points your horses have earned over their lifetime. So if you can, check the donations and see if there are any 12/13YOs with 1500 or so points. As long as you of that horse you get those points. The bonus is if you find a horse who has leveled off but still can compete and win like this guy: http://www.huntandjump.com/horse.php?horseid=3669716

Last thing, sorry xD
PT score: means squat when it comes to breeding. A 3.1PT foundation mare could produce a superior son with a 10.5PT score.the score means nothing to breeding (thank you to those who enlightened me)
What it DOES affect is showing. Ie, a horse with a 12PT score means it will level off (instead of earning weekly points, it may earn one point every month it every other month) around 12 intact and 13ish no intact (MAY CORRECT). To my knowledge it's unknown how to predict where a horse will level off and how many points it has, so it is wise to train your horses weekly and keep an eye out for their points/placement in a level so you know when to enter to win and when to wait a week :)

i am glad to have such great people to help me out as i am just learning the ropes and just by asking question and reading others questions i am learning a lot. so a big thanks to everyone.