One Months profits Gone TICK SIZE is safest

[Alpha322]

Well i thought i would share this with you all as a warning of how you must ensure you really sort out a staking plan. Dont get me wrong i did, but after analysing everything how i done it is the most unsafe way on Bet Angel IMHO. I trade prices 1.5 – 6.0 with different stakes so a certain percentage of my bank is not breached. Tick sizes really govern this better than the staking boxes. I have a system for 4 ticks per 10 events, i double my bank after a 4-5 week run even if 5 are losers and i keep the stop losses to where they are suppose to be. I had just traded a odds on favourite with a £500 stake with a £31.25 green up profit, (more than my margin call profit to double the capital) i selected the next race, instead of changing my stake (which i forgot to) i plunged in on a 6.0 price which i knew was going to come in (it did) on the back side, i then tried to close after a £71.00 green up but as you know i couldn’t close out. That was it all gone . My staking settings are set up on BA but when you work it out the back side of a trade will match all day long there is no protection the only protection is tick size. The question is this why is there liability setting in BA backside only.
If i had used tick size of say £5 for prices 1.5 – 2.98 and then two staking boxes with up to my percentage/liability of bankroll, that wouldn’t of happened as the right stake would of entered the market instead of £500. You live and learn, but i have just said to myself i will get that back, its just set me back a month of my challenge. It did gut me when it happened but one thing it proves my system and edge i use works, so dust of carry on and barring anymore accidents i should have a nice fund next year for the Olympics
Feel free to comment on any experiences

[LeTiss]

In the past I made suggestions for the auto stake box. I quite often aim for a certain profit after greening, just like you can set on Dutching & Bookmaking. Unfortunately, this doesn't exist on auto staking.
So, if I was aiming for £4.50 after greening per tick then BA would set the relevant stakes. If the selection was 1.41 the stakes would be £635, if the selection was 3.4 the stakes would be set at £306 etc

Is this similar to what you'd be looking for?

[Alpha322]

In the past I made suggestions for the auto stake box. I quite often aim for a certain profit after greening, just like you can set on Dutching & Bookmaking. Unfortunately, this doesn't exist on auto staking.
So, if I was aiming for £4.50 after greening per tick then BA would set the relevant stakes. If the selection was 1.41 the stakes would be £635, if the selection was 3.4 the stakes would be set at £306 etc

Is this similar to what you'd be looking for?

Hi
le that would even be better than tick size, because 1 tick profit i easily enough picked up yet alone a swing of 4 +

[MarketTrader]

The question is this why is there liability setting in BA backside only.

I see this in the settings area:

staking.JPG

It looks like you can set liability to lay and back side. Isn't this what you mean?

[Alpha322]

Yes but the backside dont apply

[TheTub]

It doesn't apply?

If I set the liability to £50 for example and set to auto update the stakes I see £50 all the way down the back stake column. And various stakes depending on the price in the lay stakes column.

What are you seeing?

[Alpha322]

Hi
T thanks for sharing your thoughts. I think you are talking about the tick size auto update. When you use this you cannot exceed your liability of £50 as BA automatically sets the stake. I find this ok if you are trading between say 1.5-2.98. But for me staking via the boxes returns more on your capital investment at the end of the month you can actually double your bank for a certain amount of ticks across all prices and stay within your liability.
If i had used my system i had used before where i had tick size for the above range and different stakes for the other ranges (lower amounts in this case) it wouldn't of happened to me, the worse that would of happened is i would of made a smaller percentage and been able to close out. I had £500 selected from a odds on shot trade i had just completed (got my percent) moved on to the next race which the Fav was trade at 5.8/6.0 drank my tea for relaxation, from my analysis tools saw it was going to crash in and backed the 6.0. Had i traded the odds on shot using tick size auto staking the most that would of entered would of been £25 rather than £500
Its rebuilding quite well thou

[TheTub]

I think you are talking about the tick size auto update.

Nope. I am talking about liability staking. See image. Set liability to £50. Back stake column set to £50 liability and lay stake column varies depending on price.

liability.JPG

[Alpha322]

I think you are talking about the tick size auto update.

Nope. I am talking about liability staking. See image. Set liability to £50. Back stake column set to £50 liability and lay stake column varies depending on price.

liability.JPG

OH MY WORD!! in all the two years i have been using BA i have never seen this feature it could of saved me

[Alpha322]

I think you are talking about the tick size auto update.

Nope. I am talking about liability staking. See image. Set liability to £50. Back stake column set to £50 liability and lay stake column varies depending on price.

liability.JPG

OH MY WORD!! in all the two years i have been using BA i have never seen this feature it could of saved me

Actually T i tried the same move today on the practice mode and the same thing happened all it is if you are using preset back and lay purely just be carefull what prices one selects them on