L2B rule
- northbound
- Posts: 737
- Joined: Mon Mar 20, 2017 11:22 pm
As I explained in my message (please re-read it), you set a signal on the selection when you place the lay bet.sukhvirdee wrote: ↑Wed May 16, 2018 11:32 amThanks @northbound.
How will the rule know which Horse to close the trade on?
Then you make automation close the trade on that selection only if the price dropped AND the signal for that selection is set.
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
I can't see any condition that would make this strategy 'safer'. I also think the price fluctuations will often trigger your stop on what would have been a profitable bet. They don't have to collapse or win to do that, it happens almost every race.sukhvirdee wrote: ↑Wed May 16, 2018 1:25 pmThere are a number of conditions that make my applications of the rules "safer" but not 100% safe. I have been bitten by horses that magically collapse 12L in the lead and others that fly in from the back.
- ShaunWhite
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- Joined: Sat Sep 03, 2016 3:42 am
Race 1
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yes, shaun, i think a picture paints a thousand words (or lost ££). having hammered away at every angle on this IP stuff, i've gone to the other extreme when laying and am often placing lays sub 2 with small/medium offsets to catch those kind of scenarios that your graph illustrated. seems more risk/reward oriented to place a stake of £50 and have £10-£15 returned, than place £100 at the top end for a £2 return..
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- Joined: Mon Mar 19, 2018 12:01 am
@shaun Ha! Yes, saw that, shocker!
My rules try to avoid such scenarios and aim to be "safer" by ensuring the Layed horse is at least the 4th in running.
It all worked well for about a month and was comfortably doing £250 a day until I had two bad shocking days this week.
I still don't understand how to do the second part of what @northbound is suggesting. I have set a signal when the Lay happens. But I don't know how to "Then you make automation close the trade on that selection only if the price dropped AND the signal for that selection is set."
I can create a new rule with type of "Close trade on selection with Greening", but how do I know what selection that will apply to? I need it to apply to the selection that has been Layed, obviously.
Would it be possible to show me the parameters and conditions I should use for this?
Thanks again for all your comments. A great community!
My rules try to avoid such scenarios and aim to be "safer" by ensuring the Layed horse is at least the 4th in running.
It all worked well for about a month and was comfortably doing £250 a day until I had two bad shocking days this week.
I still don't understand how to do the second part of what @northbound is suggesting. I have set a signal when the Lay happens. But I don't know how to "Then you make automation close the trade on that selection only if the price dropped AND the signal for that selection is set."
I can create a new rule with type of "Close trade on selection with Greening", but how do I know what selection that will apply to? I need it to apply to the selection that has been Layed, obviously.
Would it be possible to show me the parameters and conditions I should use for this?
Thanks again for all your comments. A great community!
- northbound
- Posts: 737
- Joined: Mon Mar 20, 2017 11:22 pm
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
sukhvirdee wrote: ↑Wed May 16, 2018 3:23 pmIt all worked well for about a month and was comfortably doing £250 a day until I had two bad shocking days this week.
He knows y'know, (a little Hylda Baker ref there for our younger viewers)
1959....That's almost as old as Memphis
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