Inplay Racing and getting out of trouble

[Mark44085]

Hi Guys

I saw in a video (not one of Peter’s) that someone using the One-Click interface had created a custom column to help "get out of trouble" while In-Play Betting. Essentially, if the race started going against him after placing a bet, he could hit a button that would cancel all unmatched bets and instantly place a new one to exit the position.

Could someone please let me know how to set up this column or where to find it?

[jamesedwards]

You need to create a new column with an 'action' that starts an automation servant. Then create an automation servant in guardian using a rule with 'by nomination' 'servant context selection' that does what you need (cancels all unmatched and greens up).

[Fugazi]

Getting out of trouble usually means accepting poor value and obliterating any chance of profitability long term.

If you do find a way to do it correctly it merely means you can trade more volume for your bankroll size. Doesn't improve your ROI.

[Morrid4]

Would fully agree with Fugazi and question might be 'why are you getting into trouble in first place?' & is there any way to minimise or avoid it entirely?

No matter what automation you create, in play & late in the race is going to be hit and miss and give you poor return long term.
I trade in play but i'll never have an open position late in the race (after 50...at a stretch 65% of the race)

[ForFolksSake]

Would fully agree with Fugazi and question might be 'why are you getting into trouble in first place?' & is there any way to minimise or avoid it entirely?

No matter what automation you create, in play & late in the race is going to be hit and miss and give you poor return long term.
I trade in play but i'll never have an open position late in the race (after 50...at a stretch 65% of the race)

I wouldn't restrict myself from betting/trading anytime in-play from start to finish.
There are many ways to 'skin a cat'

[ShaunWhite]

I saw in a video (not one of Peter’s) that someone using the One-Click....

That's the main problem, not all randoms on YouTube know what they're doing.

"get out of trouble" Would anyone who's professional seriously be getting themselves in trouble in the first place? Trading is mostly common sense, so seeing someone mentioning "trouble" is like taking advice from a plumber who keeps a snorkel in his toolbox.

[Morrid4]

Would fully agree with Fugazi and question might be 'why are you getting into trouble in first place?' & is there any way to minimise or avoid it entirely?

No matter what automation you create, in play & late in the race is going to be hit and miss and give you poor return long term.
I trade in play but i'll never have an open position late in the race (after 50...at a stretch 65% of the race)

I wouldn't restrict myself from betting/trading anytime in-play from start to finish.
There are many ways to 'skin a cat'

That's the beauty of the market isn't it. Free to do as you choose. Fact remains though that later is more volatile and likely to lead to the 'trouble' that the original poster asked about. Just my honest thoughts on it.

[Kendrick]

Loving the suspect lectures. I have a button for doing this. There are many scenarios where it is useful and needed. And my entry was great thanks.

I hope Mark is actually able to do this now.

[ShaunWhite]

Loving the suspect lectures. I have a button for doing this. There are many scenarios where it is useful and needed. And my entry was great thanks.

I hope Mark is actually able to do this now.

The perspective was getting into "trouble" not the idea of closing a position in general. Aka the wider point that you don't get into a situation where you have to do something whatever the cost.

[ForFolksSake]

Would fully agree with Fugazi and question might be 'why are you getting into trouble in first place?' & is there any way to minimise or avoid it entirely?

No matter what automation you create, in play & late in the race is going to be hit and miss and give you poor return long term.
I trade in play but i'll never have an open position late in the race (after 50...at a stretch 65% of the race)

I wouldn't restrict myself from betting/trading anytime in-play from start to finish.
There are many ways to 'skin a cat'

That's the beauty of the market isn't it. Free to do as you choose. Fact remains though that later is more volatile and likely to lead to the 'trouble' that the original poster asked about. Just my honest thoughts on it.

... more 'volatility'.... more 'opportunity' for quick and potentially lucrative trades

[Kendrick]

Loving the suspect lectures. I have a button for doing this. There are many scenarios where it is useful and needed. And my entry was great thanks.

I hope Mark is actually able to do this now.

The perspective was getting into "trouble" not the idea of closing a position in general. Aka the wider point that you don't get into a situation where you have to do something whatever the cost.

Maybe people have taken the wording too literally.

[Euler]

I think so, 'Getting out of trouble' is often seen as chasing a loss etc.

I can't remember what the original video is, but I always have a button I can press if I've messed up and need to get out of a position quickly. It's not a tactic or strategy as such, more a safeguard.

[Kendrick]

Hi Guys

I saw in a video (not one of Peter’s) that someone using the One-Click interface had created a custom column to help "get out of trouble" while In-Play Betting. Essentially, if the race started going against him after placing a bet, he could hit a button that would cancel all unmatched bets and instantly place a new one to exit the position.

Could someone please let me know how to set up this column or where to find it?

Hey did you actually get this to work?

[Mark44085]

This is where I saw the "get out of trouble" button.

https://www.youtube.com/watch?v=Cxe_UmAF3B0

check the video from 7.25 onwards

[tico]

All depends on the way people interpret the word 'trouble' .Basically when the market goes against you ,then that's trouble...which ever way you look at it. The idea that trouble simply does not exist if you are trading correctly suggests that there is a way of trading that is risk free . I personally cant see that because we must never forget that however much trading obscures itself in various technobabble ,it is still gambling ,it is risk taking ,some times the risk is minimal ,other times it is major league stuff but never forget that trading is synonymous with gambling.
kind regards
Tico