I've read the manual but still unsure on the best way to do what I'm sure is a very simple thing.
If I set a rule to back a horse in running for 1.4, what's the best way to set a stop loss so that it trades out for a loss if the horse drifts to evens?
I know there's offset betting, but I don't want to green up for profit, I want the race to run it's course if the price is going the right way. However, I want to cut my losses if it starts to drift too much.
Thanks for any help. It's much appreciated
Novice needig a tiny bit of help
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
Both good suggestions, or you can create an additional 'green up ' rule with a condition that the profit is < -£x.
Note LESS than minus £x... a lot of people view a loss as being greater than a certain amount.
Note LESS than minus £x... a lot of people view a loss as being greater than a certain amount.
- BetScalper
- Posts: 1139
- Joined: Sun Jul 02, 2017 10:47 pm
Do not back a horse in-running at 1.40 or any other sub 3.0 price unless you know it’s going win win. Long term you will lose your pants and socks.
as said the green up profit/loss file works better than a stop loss if in running, or alternative option would be exit if no longer favourite, file here - viewtopic.php?f=43&t=11715