Monitoring over / under 2.5 to blace a bet

Football, Soccer - whatever you call it. It is the beautiful game.
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Kai
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darchas wrote:
Sat Nov 02, 2019 12:03 am
Regardless of the technical element, would a stop-loss even work with this sort of trade? If we're backing unders, the price is only going to go out with goals, and then any price movement will likely bypass the stop-loss. Am i missing something?
You're not :) Wonder how long it will take for Luke to realize that himself. The whole concept is flawed in so many ways that you wouldn't even know where to begin. His strategy is basically watching the first 10mins of a game and then making a so called judgement call that there's going to be under 4.5 goals, BUT he wants to bail on the trade at the first sign of trouble at exactly 20% max loss. He also thinks that it should be no problem to find just one such easy bet per day to make 100+ every day. Except he doesn't want to actually risk backing prices at 1.04 with stakes of 1000 or more, he is still waiting on this useless forum to give him a good bank management approach for this strategy.
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Derek27
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darchas wrote:
Sat Nov 02, 2019 12:03 am
Regardless of the technical element, would a stop-loss even work with this sort of trade? If we're backing unders, the price is only going to go out with goals, and then any price movement will likely bypass the stop-loss. Am i missing something?
Yes, that's what I said earlier. We're talking about backing under 5.5 at 1.05, the price can only go down until a goal's scored, after which a lay for 20% loss can either miss the price. It's sad Luke's working so hard to set up automation only to discover this, instead of learning a bit about football trading and saving his time. :roll:
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Derek27
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JustLukeYou wrote:
Sat Nov 02, 2019 12:15 am
Here's a business opportunity for someone...write and sell a Kindle book called "20 Most Popular BetAngel Automation Rules Quickly and Simply". Sell it for £20 a pop.
:lol: :lol: :lol: (I trust that was a joke?)
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Derek27
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JustLukeYou wrote:
Sat Nov 02, 2019 12:15 am
Derek, can you agree to stay out of things please.
This isn't your thread Luke. greenmark asked me a question and darchus asked the forum a question so I'm entitled to answer!
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Kai
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Derek27 wrote:
Sat Nov 02, 2019 1:15 am
It's sad Luke's working so hard to set up automation only to discover this, instead of learning a bit about football trading and saving his time. :roll:
Don't be silly Derek, he is a profitable trader that is just 1 automation rule away from untold riches. You can't deny the fact that his trading bank is growing at an alarming rate:

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Derek27
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JustLukeYou wrote:
Sat Nov 02, 2019 12:15 am
Thanks to the great people on this forum, Dallas and Greenmark, I have made progress and I am almost there.
The great people on this forum changes on a daily basis.
JustLukeYou wrote:
Sat Nov 02, 2019 12:15 am
The software is very sophisticated and has hundreds of different options.

Here's a business opportunity for someone...write and sell a Kindle book called "20 Most Popular BetAngel Automation Rules Quickly and Simply". Sell it for £20 a pop.
I get what you mean now, there are so many options that you haven't a clue which one to use - still not read the manual?
JustLukeYou
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Hi,

Does anyone know how to set up a Stop Loss where if the value of the stake goes below 80% it automatically trades out?
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ShaunWhite
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JustLukeYou wrote:
Sat Nov 02, 2019 11:50 am
Hi,

Does anyone know how to set up a Stop Loss where if the value of the stake goes below 80% it automatically trades out?
Doesn't make sense. What is "value of the stake"?
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Derek27
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JustLukeYou wrote:
Sat Nov 02, 2019 12:15 am
Here's a business opportunity for someone...write and sell a Kindle book called "20 Most Popular BetAngel Automation Rules Quickly and Simply". Sell it for £20 a pop.
Here are the 20 most popular English words, quickly and simply. You can have it for free.

The, be, to, of, and, a, in, that, have, I, it, for, not, on, with, he, as, you, do, at.

You might just find that, despite their popularity, they are completely useless on their own and require other components to put them together in a meaningful sentence. But even a meaningful sentence can be stupid! Ideally you need to think first about what you want to say (or what strategy you want to adopt) before looking at what words (or rules) are popular.
Last edited by Derek27 on Sat Nov 02, 2019 10:52 pm, edited 1 time in total.
JustLukeYou
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Is there someone from BetAngel who could explain how to set up a Stop Loss Rule please?
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Derek27
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JustLukeYou wrote:
Sat Nov 02, 2019 6:57 pm
Is there someone from BetAngel who could explain how to set up a Stop Loss Rule please?
Shaun might know. He asked you exactly what you mean by 80% of value but you just ignored him!

Perhaps that's why nobody's answering your question?
JustLukeYou
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ShaunWhite wrote:
Sat Nov 02, 2019 3:35 pm
JustLukeYou wrote:
Sat Nov 02, 2019 11:50 am
Hi,

Does anyone know how to set up a Stop Loss where if the value of the stake goes below 80% it automatically trades out?
Doesn't make sense. What is "value of the stake"?
Let's say I place a trade for £10 and the value of the stake decreases to £8 the software trades out so I can't lose more than £8.

It is a bit tucked away but I have found the email form for the customer support so hopefully they can help.
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ShaunWhite
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Derek27 wrote:
Sat Nov 02, 2019 7:55 pm
JustLukeYou wrote:
Sat Nov 02, 2019 6:57 pm
Is there someone from BetAngel who could explain how to set up a Stop Loss Rule please?
Shaun might know. He asked you exactly what you mean by 80% of value but you just ignored him!
Exactly, there's lots of ways to do it but if he can't even be bothered to explain what he wants.

If he keeps expecting support from BA then Peter might start to wonder if hes worth the 41p a day :)
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Derek27
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Still doesn't make any sense. The stake doesn't decrease at all, it's your position that decreases. I thought you wanted to limit your losses to 20% (£2) but now it's 80% or £8!
JustLukeYou
Posts: 518
Joined: Thu Oct 03, 2019 10:51 pm

ShaunWhite wrote:
Sat Nov 02, 2019 8:08 pm
Derek27 wrote:
Sat Nov 02, 2019 7:55 pm
JustLukeYou wrote:
Sat Nov 02, 2019 6:57 pm
Is there someone from BetAngel who could explain how to set up a Stop Loss Rule please?
Shaun might know. He asked you exactly what you mean by 80% of value but you just ignored him!
Exactly, there's lots of ways to do it but if he can't even be bothered to explain what he wants.

If he keeps expecting support from BA then Peter might start to wonder if hes worth the 41p a day :)
ShaunWhite, what specific information do you need?
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