Trailing stop loss set up

We were all new to Bet Angel once. Ask any question you like here and fellow forum members promise not to laugh. Betfair trading made simple.
Post Reply
millhog
Posts: 8
Joined: Tue Jan 12, 2010 6:33 pm

Afternoon everyone.

I'm trying to set this up in BA pro but have hit a brick wall. Idea is to set up a back bet on football and then lay at a lower price but obv with a stop loss to to prevent the trade running away from me.

I have used the drop down box at the top and selected box at the top with offset bet and trailng stop but it doesn't seem to give me any of the options that are availible in the training videos so i suspect I'm barking up the wrong tree. I've had a good look around and can't for the life of me find the instructions (they are probably right in front of me!) any help or a point in the right direction would be gratefully as its driving me bonkers! Mnay thanks
User avatar
Euler
Posts: 26430
Joined: Wed Nov 10, 2010 1:39 pm

Pre-off or in-play?
millhog
Posts: 8
Joined: Tue Jan 12, 2010 6:33 pm

all pre off- Don't want it to go inplay at all.

Thanks
User avatar
Euler
Posts: 26430
Joined: Wed Nov 10, 2010 1:39 pm

It should just be a case of setting up offset bet with trailing stop, offset with a very large number of ticks and nominate a stop value. Ensure you have fill or kill on and set to a decent value as well.
millhog
Posts: 8
Joined: Tue Jan 12, 2010 6:33 pm

Thanks I was sure i was on the right track and have just played with it on a horse race and think its doing what I would like it to do (although slight panic when i hadn't set the stakes to minimum and a £200 bet went into the market!!). I can see the auto close following the bet downwards and this perfect for what i would like it to do.

If I select it with greening then am I right in assuming that it the point when it reaches the higher or lower bet it spreads the risk across all outcomes automatically.(Update I watched the race and it didn't automatically do that which was shame?)

Great little tool and one of the things that makes BA worth paying for as I can see it being useful for all sorts of sports.

Not sure about what fill or kill is doing though.

Cheers for all your help..
Post Reply

Return to “Bet Angel for newbies / Getting started”