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
