Monitoring over / under 2.5 to blace a bet

[greenmark]

Post up your baf file (Don't ask how t do that, google it).

[JustLukeYou]

Post up your baf file (Don't ask how t do that, google it).

I didn't need to Googie it lol

I have tried around 10 different variations of this.

[Kai]

The saga continues. I'm an impassive observer now, but even that is getting tiring. I'll take your collective call on how long you wish to persist.

Can't actively call for someone to get banned but objectively speaking a little break would probably do him more good than harm. Like many have already said, without basic problem solving skills you cannot possibly survive in these markets, let alone thrive. The patience that the moderators (and the forum too) have displayed over the full past month is nothing short of remarkable.

[JustLukeYou]

Kai, I am not going to progress until I have a stop loss in place. Greenmark is kindly helping me to set that up.

[Derek27]

Kai, I am not going to progress until I have a stop loss in place. Greenmark is kindly helping me to set that up.

I hate to tell you this Luke, but you're not going to progress whilst you mindlessly pursue trying to set up a stop-loss.

Stop-losses are essential for auto-traders, but you're actually a manual trader who's trying to do something the hard way because you're unable to do it the easy way!!!

You're trying to set up software, and wasting hours of your time doing so, to do something that only involves one click on the ladder!

[Euler]

Setting a stop won't prevent a loss if your strike rate on the trade in question isn't adequate Luke.

Don't forget that, all you are doing is framing a trade. You need to find a viable trade in which to deploy the strategy. It won't make money on its own if you apply it generically. Which is what I feel you may do.

This is what I was talking about when I said you need to go back to basics. Learn the fundamental's of trading before attempting to trade at all. It's the same mistake thousands have made before you. The majority of newbies just thing trading is about finding a simple strategy they can't deploy. Few bother to learn about the real fundamentals.

[JustLukeYou]

Focusing on a simple example. I placed £2 on Everton v Tottenham to have less than 5 goals. I currently trade out for £5.12. Let's say it is 3-. at half time and I can trade out for £4 surely I can set this up to do it automatically.

Similar to if I backed Leicester to win. Let's say I place £5 on Leicester to win but Crystal Palace were winning 2-0 and I can trade out for £2.50 it would automatically trade out if I set the maximum loss at 50%.

This is what I am looking to do.

[JustLukeYou]

Setting a stop won't prevent a loss if your strike rate on the trade in question isn't adequate Luke.

Don't forget that, all you are doing is framing a trade. You need to find a viable trade in which to deploy the strategy. It won't make money on its own if you apply it generically. Which is what I feel you may do.

This is what I was talking about when I said you need to go back to basics. Learn the fundamental's of trading before attempting to trade at all. It's the same mistake thousands have made before you. The majority of newbies just thing trading is about finding a simple strategy they can't deploy. Few bother to learn about the real fundamentals.

I understand that a stop loss is not a magic bullet but if the people who lost all their bank had a stop loss they wouldn't have lost all their bank.

[greenmark]

So, you want to fire back bets into multiple markets on a single event (match).
And however much you stake on an individual back bet, you only want to lose 20% of your stake?
£10 stake - £2 loss
£20 stake - £4 loss
£2.20 stake - £0.44 loss

I assume you realise setting up rules to minimise losses are only 'wishes'.
Your 'stoploss' maybe bypassed as the price flies past your desired exit point.
You can try to catch a lay price with multiple firings of your 'stoploss' rule but its far from guaranteed that you'll get matched at the price you want.
And if you fail to get matched then you end up with a total loss.

[rik]

20% isnt much of a margin? most times 1 goal is scored you want to get out of your initial bet?

[greenmark]

Luke is asking how to 'try' to achieve a 20% loss of his stake, whether £2 stake or £100. Its not rocket science. He may well be totally wrong with his strategy, but thats his question. So why not answer him and add any caveats about it being an unwise approach.
But answer him firstly.
I've tried to, but I'm a BetAngel beginner.
I definitely feel he's being victimised.
He does have a way of communicating that attracts the ire of the 'problem-solvers' on here.
But, hey, it takes 2 to create an argument.
And Luke: you really need to immerse yourself in practice mode.
I made some mistakes that would have been horrendously expensive in live mode.

[JustLukeYou]

Luke is asking how to 'try' to achieve a 20% loss of his stake, whether £2 stake or £100. Its not rocket science. He may well be totally wrong with his strategy, but thats his question. So why not answer him and add any caveats about it being an unwise approach.
But answer him firstly.
I've tried to, but I'm a BetAngel beginner.
I definitely feel he's being victimised.
He does have a way of communicating that attracts the ire of the 'problem-solvers' on here.
But, hey, it takes 2 to create an argument.
And Luke: you really need to immerse yourself in practice mode.
I made some mistakes that would have been horrendously expensive in live mode.

Many thanks Greenmark, I have started to not read some peoples replies because they are clearly not trying to help. I've had people mocking me for trading in pennies and other people asking me for personal information so I am trying to ignore those people.

Using a live match as an example. It is currently 1-0 to Tottenham in the 80th minute. I backed Under 5 goals at 1.1 and it is currently 1.01 so I can trade out for a profit. If 1 more goal is scored the match the odds may change to 1.02 but I would still be in profit. But let's say for example, although highly unlikely, 4 goals were scored in the next six minutes the back odds for Under 5 goals may change to 1.5 so at that point I would be making a loss.

If I can get to the point where it automatically trades out at the point where I am making a loss of more than 20% then I can progress from there but currently I can't trade out automatically at any point. When I ran my current rule it created a loss regardless of what the result is.

[teambulldog]

Luke,
In all your posts you come over as a cocky twat and i think you have been so rude,,,,,,,
I have been on peters course , spent good money to travel from near Norwich, stay in hotel etc because i
wanted to learn,,, I was gutted and found it so hard and was out of my depth as maths and writing and spelling etc is not on my can do great list..
Where i come from it is called being thick..........
I came back and spent weeks going over the course book and watching loads of peters vids and just looking at
the markets with no trading at all......
I trade now when i feel its right and one of the best things i have learned is to scratch out of trades which works well
for me as peter says a scratch is not a loss etc........
You seem to know it all, there are loads of things i would love to ask but i dont ask alot because i dont want to piss people off,
I would love to meet up a spend good money and learn if there were any full time traders willing to spend time helping me
and i would be so thankfull but i cant help thinking you just want it all now and dont want to put the work in.
Why not start again from the basics and see how you get on, Try trap trading etc from about 12 mins out as the market is slower and
you will see more.........
You may think your smart with A LEVELS etc and can read and do maths which i cant do very well but , I KNOW HOW TO TREAT PEOPLE
and thats more to me than being a cocky twat like you have been on here,,Am sorry to jump in on someones post and hope i have not upset anyone apart from luke...
Julian.

[JustLukeYou]

Luke,
In all your posts you come over as a cocky twat and i think you have been so rude,,,,,,,
I have been on peters course , spent good money to travel from near Norwich, stay in hotel etc because i
wanted to learn,,, I was gutted and found it so hard and was out of my depth as maths and writing and spelling etc is not on my can do great list..
Where i come from it is called being thick..........
I came back and spent weeks going over the course book and watching loads of peters vids and just looking at
the markets with no trading at all......
I trade now when i feel its right and one of the best things i have learned is to scratch out of trades which works well
for me as peter says a scratch is not a loss etc........
You seem to know it all, there are loads of things i would love to ask but i dont ask alot because i dont want to piss people off,
I would love to meet up a spend good money and learn if there were any full time traders willing to spend time helping me
and i would be so thankfull but i cant help thinking you just want it all now and dont want to put the work in.
Why not start again from the basics and see how you get on, Try trap trading etc from about 12 mins out as the market is slower and
you will see more.........
You may think your smart with A LEVELS etc and can read and do maths which i cant do very well but , I KNOW HOW TO TREAT PEOPLE
and thats more to me than being a cocky twat like you have been on here,,Am sorry to jump in on someones post and hope i have not upset anyone apart from luke...
Julian.

What is trap trading? Currently I am treating some trades as a scratch. For example, Zenit were winning 1-0 and I was sure there would be one more goal because it was Zenit but as I watching the match I could see that Zenit weren't actually playing that well so I immediately traded out for a slight loss even though they did go onto score 1 more goal.

[greenmark]

Luke,
In all your posts you come over as a cocky twat and i think you have been so rude,,,,,,,
I have been on peters course , spent good money to travel from near Norwich, stay in hotel etc because i
wanted to learn,,, I was gutted and found it so hard and was out of my depth as maths and writing and spelling etc is not on my can do great list..
Where i come from it is called being thick..........
I came back and spent weeks going over the course book and watching loads of peters vids and just looking at
the markets with no trading at all......
I trade now when i feel its right and one of the best things i have learned is to scratch out of trades which works well
for me as peter says a scratch is not a loss etc........
You seem to know it all, there are loads of things i would love to ask but i dont ask alot because i dont want to piss people off,
I would love to meet up a spend good money and learn if there were any full time traders willing to spend time helping me
and i would be so thankfull but i cant help thinking you just want it all now and dont want to put the work in.
Why not start again from the basics and see how you get on, Try trap trading etc from about 12 mins out as the market is slower and
you will see more.........
You may think your smart with A LEVELS etc and can read and do maths which i cant do very well but , I KNOW HOW TO TREAT PEOPLE
and thats more to me than being a cocky twat like you have been on here,,Am sorry to jump in on someones post and hope i have not upset anyone apart from luke...
Julian.

Have to disagree that Luke is a "cocky twat".
If anything I would describe him/her as being as very focussed but perhaps lacking the empathy/charm to recruit the clever people on here.
Luke is relentless and willing to ask questions (regardless of the question making them look silly), those are great qualities for an entrepreneur,