Hi
Am I correct in understanding that the 'risk' associated with scalping is that one half of the trade offer is taken while the opposing offer goes untaken and the odds change significantly? Is that risk more or less depending on which offer is taken?
I suppose I'm wondering whether that is the advantage to placing the initial offer with the global settings of "offset bet" so that the opposing offer is only made when the opening offer is made?
Thank you
Scalping - lay or back first?
- Crazyskier
- Posts: 1310
- Joined: Sat Feb 06, 2016 6:36 pm
Though I would add that you lose more per tick (if the price goes against you) for a lay to back, than a back-first.
CS
- wearthefoxhat
- Posts: 3617
- Joined: Sun Feb 18, 2018 9:55 am
PeteSw62 wrote: ↑Sat Apr 01, 2023 7:44 amHi
Am I correct in understanding that the 'risk' associated with scalping is that one half of the trade offer is taken while the opposing offer goes untaken and the odds change significantly? Is that risk more or less depending on which offer is taken?
I suppose I'm wondering whether that is the advantage to placing the initial offer with the global settings of "offset bet" so that the opposing offer is only made when the opening offer is made?
Thank you
If you're at the beginning of your scalping journey, I'd say start with backing first then, offset a Lay tick. (can use the global settings to automate it)
If you are using the make market function (as long as it's a stable market) then either side could be matched first. You would then have to make sure you have have a sufficient bank if the Lay odds are on the larger size.
