I am testing a Lay to Back strategy and have some questions. Appreciate if anyone can help. Here's the strategy - I place a lay bet on a selection between 10 and 30 seconds after inplay. The selection must be in the range 2.0 to 12.0. I set an offset bet with greening at 100% and a stop at 90% trigger and place at 120%.
My questions are: do I also need to set "fill or kill" and if so why?; Is there a reasonable chance that with my stop as above, it could still blow through and give me a huge loss? and finally, if the trade hits the stop will greening also happen (which I want).Many thanks in advance. Des.