Using stops

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unlightly
Posts: 10
Joined: Mon Apr 04, 2016 1:26 pm

I like to place trades 4-5 hours before the off and have 2 questions I hope someone can answer: if I back a horse at say 11am and want to place a stop to lay the bet if the trade goes against me I realise I can do this by right clicking at the price the problem is just before the stop is reached a notification comes up asking if I wish to proceed with the stop, if I am at work and not by my computer how can I ensure that the position is closed out?
Also if I place a back trade on a horse after 8am the morning of the race and the horse is subsequently withdrawn will I lose my money or will the selection be regarded as a non runner and I get my bet cancelled and do not lose money
Many thanks
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jimibt
Posts: 4197
Joined: Mon Nov 30, 2015 6:42 pm

You can modify the behaviour of BA to not require confirmation of bet placement. Follow these steps:

1. Click on Settings
2. Click on the Behaviour tab
3. Uncheck the Confirm Bets option
4. Click the Save button at the bottom

Now you no longer have the confirm dialog popping up with either manual or stop loss bets being placed. As for the second question. Bets that are voided (i.e. runner withdrawn etc) are refunded back into your account, so no need to worry there.
unlightly
Posts: 10
Joined: Mon Apr 04, 2016 1:26 pm

thanks for your reply very helpful one other point on following your instructions if i place the stop say on the 3.30 and move to the 4.30 is there a way of not losing the stop, it seems to delete if you move to another race??
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jimibt
Posts: 4197
Joined: Mon Nov 30, 2015 6:42 pm

unlightly wrote:thanks for your reply very helpful one other point on following your instructions if i place the stop say on the 3.30 and move to the 4.30 is there a way of not losing the stop, it seems to delete if you move to another race??
if i understand you, you mean a *soft* stop as opposed to placing a stop trade at a differential price. as far as i understand it, placing a soft stop on the grid or ladder is only valid when the race is on screen and is lost as you say when you move to another race. perhaps it would be best to always add an arbitary offset bet, especially if you are leaving it unattended.
unlightly
Posts: 10
Joined: Mon Apr 04, 2016 1:26 pm

ok sorry to go on about this I take early prices on several horses and hope the price will improve as the day progresses i have noticed around 11am the prices can start going out it is here i would like to place my stop so i would be placing a stop after the bet was struck, other than a soft stop which we spoke of i cannot see how to place a firm stop for example if the market was at 2.70 at 11 am, i would want to put a stop at 2.80 and would require the stop to stay in place after moving to another market is this possible many thanks
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Dallas
Posts: 23563
Joined: Sun Aug 09, 2015 10:57 pm

If your placing the stop via global settings and have the market loaded into guardian it will still trigger if reached, but i would also use a back up for this long term type of trading by including a automation rule which will stop you out if a loss of -£X is reached in any market.
unlightly
Posts: 10
Joined: Mon Apr 04, 2016 1:26 pm

thank you both very helpful
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