Closing a Losing Trade

[david39]

I am using the practice mode and am reasonably happy at my results. I have watched all of the tutorials on trading but there's one aspect that's giving me problems - and that's how to close a losing trade on the ladder. On the one click screen I have no problems but at the moment on the ladder screen, I'm sometimes losing money.
Any help would be appreciated.
David

[Derek27]

I am using the practice mode and am reasonably happy at my results. I have watched all of the tutorials on trading but there's one aspect that's giving me problems - and that's how to close a losing trade on the ladder. On the one click screen I have no problems but at the moment on the ladder screen, I'm sometimes losing money.
Any help would be appreciated.
David

When you're closing a losing trade you should always lose money because its a losing trade.

[david39]

Yes, I appreciate that, but which is the least expensive way to do it? On the one click screen, it's no problem but in all the videos I have watched there doesn't seem to be much coverage of closing on the ladder.
Thanks for the reply
David

[ShaunWhite]

Yes, I appreciate that, but which is the least expensive way to do it? On the one click screen, it's no problem but in all the videos I have watched there doesn't seem to be much coverage of closing on the ladder.
Thanks for the reply
David

The ladder and the 1-click are different views of the same market info, neither is better in terms of profits/losses.
Perhaps make sure you have your equalised greening set to ON rather than just closing your position for a free bet, which will create a larger liability.

Screenshot_1.png

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https://www.betangel.com/user-guide/lad ... 3D&mw=MzIw#

[david39]

Screenshot_1.png (324 Bytes) Viewed 4 times
Right, so that icon you've posted will hedge my losing bet? What if I have more than one bet and I want to keep one running will the click you advise close all bets?
Thanks for response
David
.

[ShaunWhite]

If you look at the link I posted to the user guide in my previous reply you'll see that icon is used to choose equalised greening or not when you hit the green up icon (the current green/red figure at the top of the screen).

It will close your whole position and depending on what you've defined in your settings can also cancel any unmatched bets. It has no way of knowing which bets you want to keep and which you want to close/cancel.https://www.betangel.com/user-guide/gre ... 3D&mw=Mzcy