Tick Increments

[Dave78]

Hello all, i am new to bet angel and just been getting used to the software over the past few weeks. I noticed i am doing OK, but i noticed when i do OK i don't profit as much as when i do bad. I noticed that it's because of the odds i am backing and laying at etc. Is it possible to get the same profit on every trade, e.g. what i mean is, is it possible to trade and get the same amount no matter what the odds are in either direction. I am trying to maintain my risk and reward but noticed on my profit and loss it's all over the place.

I would like to back/lay at x odds and make sure the profit or loss is the same for every trade in either direction. I think it's because of the odds prices. How can i do this, so it's exactly the same loss and profit. Does that make sense?

Cheers

[Derek27]

Hello all, i am new to bet angel and just been getting used to the software over the past few weeks. I noticed i am doing OK, but i noticed when i do OK i don't profit as much as when i do bad. I noticed that it's because of the odds i am backing and laying at etc. Is it possible to get the same profit on every trade, e.g. what i mean is, is it possible to trade and get the same amount no matter what the odds are in either direction. I am trying to maintain my risk and reward but noticed on my profit and loss it's all over the place.

I would like to back/lay at x odds and make sure the profit or loss is the same for every trade in either direction. I think it's because of the odds prices. How can i do this, so it's exactly the same loss and profit. Does that make sense?

Cheers

I think you mean your losing trade amounts are greater than your profitable trade amounts. Are you talking about manual trading or automation?

The amount you lose depends on how far the market moves against you (you cannot possibly control that), where you decide to close trade and how quickly you can do it. You can set up stop-losses if you wish, but the real skill to trading is choosing the best place to enter the market where there's more likelihood that the market will move in the right direction and further than it's likely to move against you.

[Tetras]

Hello all, i am new to bet angel and just been getting used to the software over the past few weeks. I noticed i am doing OK, but i noticed when i do OK i don't profit as much as when i do bad. I noticed that it's because of the odds i am backing and laying at etc. Is it possible to get the same profit on every trade, e.g. what i mean is, is it possible to trade and get the same amount no matter what the odds are in either direction. I am trying to maintain my risk and reward but noticed on my profit and loss it's all over the place.

I would like to back/lay at x odds and make sure the profit or loss is the same for every trade in either direction. I think it's because of the odds prices. How can i do this, so it's exactly the same loss and profit. Does that make sense?

Cheers

If you stake by liability, it will adjust the stake automatically, e.g. if you're trading at 1.5, 6.0, or 10.0, but be careful you don't regularly stake less than £2 as a result.

Watch out for the crossovers too, cos you'll lose more than you win, if you back under them.

[Dave78]

If you stake by liability, it will adjust the stake automatically, e.g. if you're trading at 1.5, 6.0, or 10.0, but be careful you don't regularly stake less than £2 as a result.

Watch out for the crossovers too, cos you'll lose more than you win, if you back under them.

I think you mean your losing trade amounts are greater than your profitable trade amounts. Are you talking about manual trading or automation?

The amount you lose depends on how far the market moves against you (you cannot possibly control that), where you decide to close trade and how quickly you can do it. You can set up stop-losses if you wish, but the real skill to trading is choosing the best place to enter the market where there's more likelihood that the market will move in the right direction and further than it's likely to move against you.

It's manual. I looked at my profit and loss and noticed the amounts are all over the place. I don't mind using more or less liability to meet the requirements. I just didn't know if the tick sizes are different when you back/lay at small vs high odds that's doing it. It's kinda of new to me, but i did notice that my profit and loss is all over the place despite using the same liability. I have only been trading a few weeks, so perhaps i will have a play with the staking options.

Some trades when it goes in my favour will profit £1.20 for example from a few ticks and then another trade when it goes in my favour it will only profit a 0.60p? It's kind of hard to explain, but i just was asking if it's possible to profit from the same amount of ticks or lose from the same amount of ticks, so i can keep my risk in place. Because some trades i am winning big and then winning small, and then losing big and then losing small. It's kind of all over the place.

I have just read up on crossovers thanks for that. Perhaps that has a lot to do with it. I'm just trying to make my trades all equal so i can manage my risk and reward and didn't know if any of you had some sort of staking strategy setup to help combat and manage this. I wanted a setup where if it goes up x ticks or down x ticks i will lose/win the same amount across all markets.. Does that make sense?

Cheers

[Derek27]

Sorry, I didn't realise you were talking about tick size stakes. If you lose twice as much as you win, it could be because the market went 2 ticks against you, or it could be trading at a crossover point. Backing at 6 risks losing twice as much as you can win, laying at 6 would be the other way around.

[Tetras]

If you stake by liability, it will adjust the stake automatically, e.g. if you're trading at 1.5, 6.0, or 10.0, but be careful you don't regularly stake less than £2 as a result.

Watch out for the crossovers too, cos you'll lose more than you win, if you back under them.

I think you mean your losing trade amounts are greater than your profitable trade amounts. Are you talking about manual trading or automation?

The amount you lose depends on how far the market moves against you (you cannot possibly control that), where you decide to close trade and how quickly you can do it. You can set up stop-losses if you wish, but the real skill to trading is choosing the best place to enter the market where there's more likelihood that the market will move in the right direction and further than it's likely to move against you.

It's manual. I looked at my profit and loss and noticed the amounts are all over the place. I don't mind using more or less liability to meet the requirements. I just didn't know if the tick sizes are different when you back/lay at small vs high odds that's doing it. It's kinda of new to me, but i did notice that my profit and loss is all over the place despite using the same liability. I have only been trading a few weeks, so perhaps i will have a play with the staking options.

Some trades when it goes in my favour will profit £1.20 for example from a few ticks and then another trade when it goes in my favour it will only profit a 0.60p? It's kind of hard to explain, but i just was asking if it's possible to profit from the same amount of ticks or lose from the same amount of ticks, so i can keep my risk in place. Because some trades i am winning big and then winning small, and then losing big and then losing small. It's kind of all over the place.

I have just read up on crossovers thanks for that. Perhaps that has a lot to do with it. I'm just trying to make my trades all equal so i can manage my risk and reward and didn't know if any of you had some sort of staking strategy setup to help combat and manage this. I wanted a setup where if it goes up x ticks or down x ticks i will lose/win the same amount across all markets.. Does that make sense?

Cheers

The ticks are different sizes depending on odds, yes. The crossovers are the point they change size. If you lose 1 tick at 1.5, it'll be a much smaller loss than at 15, but that's only if you're using flat stakes.

If you did continue to use flat stakes, it shouldn't be a problem in the long-term, assuming you're similarly profitable at each level, but you'd be taking on significantly more risk (due to the liability) at higher odds.

I personally don't stake by liability, but I use far smaller average stakes above 6 and tiny stakes above 10. I raise my average slightly below 3. If my strike rate was great below 2, I'd raise them here too, but... it's not

[jimibt]

Sorry, I didn't realise you were talking about tick size stakes. If you lose twice as much as you win, it could be because the market went 2 ticks against you, or it could be trading at a crossover point. Backing at 6 risks losing twice as much as you can win, laying at 6 would be the other way around.

this is quite key to gaining understanding of market psychology. literally *hanging around* the crossover points and analysing whether the trend is moving up/down will give more than a 50/50 chance of gaining the odd double tick. in fact, i'd go as far to say that looking for race setups that feature the top 2-3 runners hovering around these crossover points will reward you handsomly IF you keep an eye across all related movements on these crossovers from all contending runners... just my little tip

[Dave78]

Thanks for the advice all of you. I will look into this more sometime today. I was just noticing that my profit and loss was a little all over the place despite staking the same amount. I think as you say, looking at the crossovers and how you stake at different odds Tetras could help me.

I just didn't know if there was something to auto calculate your stake based on the odds to keep it all equal on every trade.

this is quite key to gaining understanding of market psychology. literally *hanging around* the crossover points and analysing whether the trend is moving up/down will give more than a 50/50 chance of gaining the odd double tick. in fact, i'd go as far to say that looking for race setups that feature the top 2-3 runners hovering around these crossover points will reward you handsomly IF you keep an eye across all related movements on these crossovers from all contending runners... just my little tip

Useful thanks. I will keep an eye out on that.

Cheers all