Offset and stop
Is it possible for Bet Angel to cancel these unmatched offset and stop bets if you decide to close out a trade manually? I've been playing around with the global settings and if for example I decide to scratch trade manually the unmatched bets are still present. I've been caught out a couple of times with the market swinging and matching one of these offsets or stops.
Press Z & X on ur keyboard after you scratch, that will cancel all unmatched betsConsty1 wrote:Is it possible for Bet Angel to cancel these unmatched offset and stop bets if you decide to close out a trade manually? I've been playing around with the global settings and if for example I decide to scratch trade manually the unmatched bets are still present. I've been caught out a couple of times with the market swinging and matching one of these offsets or stops.
no you cant apply a stop loss without an offset(unless your using the ladder right click one in).
you can use excel to red you up with the gobal green up command if your loss reaches or exceeds x% of your bank, or some predetermined amount. once it fires thats it until the trigger is reset assuming you have traded your position to a lower loss, level, or green, otherwise it will just fire straight away.
not a stop loss more of a kinda of thats the max im prepared to loss, emergency kinda of thing.
as an after thought, i assume you trade on the ladder, if so why dont you just right click in a stop loss. if your not using the ladder, then excel i suppose or better still start to learn to use the ladder.
you can use excel to red you up with the gobal green up command if your loss reaches or exceeds x% of your bank, or some predetermined amount. once it fires thats it until the trigger is reset assuming you have traded your position to a lower loss, level, or green, otherwise it will just fire straight away.
not a stop loss more of a kinda of thats the max im prepared to loss, emergency kinda of thing.
as an after thought, i assume you trade on the ladder, if so why dont you just right click in a stop loss. if your not using the ladder, then excel i suppose or better still start to learn to use the ladder.
I do use the ladder and the right click stop loss it's just sometimes I forget to put it in as I'm busy concentrating on the market. I was kind of just looking for a global stop loss to assist me so I can just solely concentrate on market entry points, but no worries I'm sure it'll become second nature soon.
Its a old habit something i done in my beginning days, lost packets of doh, this is a skill you pick up over time, when i enter a trade it is now habit for me to flick the right click of the mouse, i concentrate on two things,not to lose money (or as little as possible) and where am going to get out either profit or loss, it the market sends the price in the direction am going i manually trail stop it and let the profit run like in Peters video,s. The market is what i evaluate before i go in. I hate the one click screen the ladder gives a more broader pictureConsty1 wrote:I do use the ladder and the right click stop loss it's just sometimes I forget to put it in as I'm busy concentrating on the market.
Consty1
i just noticed your post about spikes. is this why you require/desire a stop without offset?
if so then excel can red you up if a spike goes through some predetermined amount, but in practice its limited for reasons stated in above post (but can be useful at the right situation/time).
bare in mind the times you enter the market. from 10 min to six minutes or so, some markets can be real spikey especially in low grade/low volume races. largish amounts hitting the market that are much larger then the average amount coming into the market, will probably spike it. but the same amounts causing a spike at 7 minutes will just be absorbed at say 4 minutes. (which is not say that at 3 or 4mins you dont get spikes you do).
a lot of the time the market will come back to, or near to the level it was before the spike (not always). also as the market nears its off (not necessarily the offical)as money entering dries up, and traders are getting out of any open positions, it can get real spikey.
i dont think a stop loss is much use really with spikes. you would just be stopped all the time. best to watch and/or trade with minimal amounts several hundered markets and slowly your start seeing when not to enter,at what times the markets are more spikey (take note of different class's of race etc) and how spikes cause the market to react, ie price plunges, several secs or so, comes back or not. just watch, your get a sense/feel for it given enough time.
i just noticed your post about spikes. is this why you require/desire a stop without offset?
if so then excel can red you up if a spike goes through some predetermined amount, but in practice its limited for reasons stated in above post (but can be useful at the right situation/time).
bare in mind the times you enter the market. from 10 min to six minutes or so, some markets can be real spikey especially in low grade/low volume races. largish amounts hitting the market that are much larger then the average amount coming into the market, will probably spike it. but the same amounts causing a spike at 7 minutes will just be absorbed at say 4 minutes. (which is not say that at 3 or 4mins you dont get spikes you do).
a lot of the time the market will come back to, or near to the level it was before the spike (not always). also as the market nears its off (not necessarily the offical)as money entering dries up, and traders are getting out of any open positions, it can get real spikey.
i dont think a stop loss is much use really with spikes. you would just be stopped all the time. best to watch and/or trade with minimal amounts several hundered markets and slowly your start seeing when not to enter,at what times the markets are more spikey (take note of different class's of race etc) and how spikes cause the market to react, ie price plunges, several secs or so, comes back or not. just watch, your get a sense/feel for it given enough time.