Dont trade if profit higer is then

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Zedzed1
Posts: 59
Joined: Sat Feb 15, 2020 9:01 am

Hello,

This will be a stupid question, but i cant find it??

Is there a condition that set dont trade anymore if profit is more then ..... this value???? How will you do this?
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ShaunWhite
Posts: 10473
Joined: Sat Sep 03, 2016 3:42 am

A single market or a session? A session or a week? Or do you have a random timeframe in mind?

It's not a feature BA easily supports because it's pretty unusual to find a situation where you wouldn't trade event B because you'd made money on event A. If you plan to use this as a quick and easy way to 'quit while you're ahead' then you might save yourself a lot of time by reading this ...https://en.wikipedia.org/wiki/Gambler%27s_fallacy
Zedzed1
Posts: 59
Joined: Sat Feb 15, 2020 9:01 am

ShaunWhite wrote:
Sat Mar 14, 2020 7:24 pm
A single market or a session? A session or a week? Or do you have a random timeframe in mind?

It's not a feature BA easily supports because it's pretty unusual to find a situation where you wouldn't trade event B because you'd made money on event A. If you plan to use this as a quick and easy way to 'quit while you're ahead' then you might save yourself a lot of time by reading this ...https://en.wikipedia.org/wiki/Gambler%27s_fallacy
No its 1 race so one event! So if the event have a profit of 10 euro, dont trade anymore. Is this possible or stupid question? I thougt this is a simple question?
Jukebox
Posts: 1576
Joined: Thu Sep 06, 2012 8:07 pm

If its a single market you can add the Green All Profit condition on your bet rules and set to only bet if profit is less than £x

If its for a day or until such time as you change it, you can add a 'stored value condition' to your bet rules that the stored value 'Balance' is less than £x
Zedzed1
Posts: 59
Joined: Sat Feb 15, 2020 9:01 am

Jukebox wrote:
Sat Mar 14, 2020 7:43 pm
If its a single market you can add the Green All Profit condition on your bet rules and set to only bet if profit is less than £x

If its for a day or until such time as you change it, you can add a 'stored value condition' to your bet rules that the stored value 'Balance' is less than £x
Ok i setup this green all selection is less then ..... enter amount? Should this works?
Diacritical Quark
Posts: 175
Joined: Tue Jan 28, 2020 10:55 pm

Sorry if this is a hijack but don't want to start a whole new thread for a stupid question. Can someone please tell me if the below image means that a trade won't be triggered if the price has traded at or below 50% of it's SP. Greater than and less than conditions are driving me insane today. Basically I'm trying to create a rule in running that if the selection has traded at or below 50% of it's SP the lay won't fire. Thank you


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Diacritical Quark
Posts: 175
Joined: Tue Jan 28, 2020 10:55 pm

Nope it's definitely not right, that's looking at 50% above the SP isn't it. I'm guessing I'll have to do it with signals maybe.
Diacritical Quark
Posts: 175
Joined: Tue Jan 28, 2020 10:55 pm

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Dallas
Posts: 23534
Joined: Sun Aug 09, 2015 10:57 pm

That is the way i'd do it
Diacritical Quark
Posts: 175
Joined: Tue Jan 28, 2020 10:55 pm

Dallas wrote:
Tue Mar 17, 2020 4:18 pm
That is the way i'd do it
Cheers Dallas, realise I've got the nominated selections different there, the stored value is set to trigger 2s in play. Will give it a bash. Many thanks.
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ShaunWhite
Posts: 10473
Joined: Sat Sep 03, 2016 3:42 am

Diacritical Quark wrote:
Tue Mar 17, 2020 4:21 pm
Dallas wrote:
Tue Mar 17, 2020 4:18 pm
That is the way i'd do it
Cheers Dallas, realise I've got the nominated selections different there, the stored value is set to trigger 2s in play. Will give it a bash. Many thanks.
I don't think you'll be giving it a bash for a couple of months. But at least you'll have time to read the BA manual from cover to cover a few times :)
Diacritical Quark
Posts: 175
Joined: Tue Jan 28, 2020 10:55 pm

I don't think you'll be giving it a bash for a couple of months. But at least you'll have time to read the BA manual from cover to cover a few times :)
:lol: Managed to test it on the last 3 races and frantically trying on crappy liquidity US races now just so I know it might work before the big shut down!!
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ShaunWhite
Posts: 10473
Joined: Sat Sep 03, 2016 3:42 am

Ozzy racing is much better than the US stuff if you don't mind staying up late.
Diacritical Quark
Posts: 175
Joined: Tue Jan 28, 2020 10:55 pm

Yeah I've got a bot I'm testing out applied to the Oz markets tonight too along with the US, the lack of liquidity is certainly playing havok with a couple of signals, seems to work better only laying. Just when I was starting to make headway and get some decent profit running too. Will amend a couple of things chuck it on the dogs and see what happens tomorrow
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