Race Comment Explainer

Original comment with matches highlighted:

made all, shaken up and forged on before 2 out, ridden before last, well,

Matched phrases & meanings

Phrase	Meaning
ridden before	The jockey started urging the horse aggressively before the second-last obstacle to try and get it back into contention.
Made all	Led the race from start to finish.
readily	The horse won easily, without having to be pushed to its absolute limit, suggesting it had more to give.
Ran on	The horse maintained or increased its speed in the final stages.

Summary

The jockey started urging the horse aggressively before the second-last obstacle to try and get it back into contention.
Led the race from start to finish.
The horse won easily, without having to be pushed to its absolute limit, suggesting it had more to give.
The horse maintained or increased its speed in the final stages.