inplay panic button rules

[Dangeorge16]

Dear Community,

I'm just starting out inplay trading and was wondering if a panic button is best to set up with or without greening and best market price with ticks above and below for the quickest exit especially when price jumps fast.

I hope this makes sense.
dan

[jamesedwards]

Dear Community,

I'm just starting out inplay trading and was wondering if a panic button is best to set up with or without greening and best market price with ticks above and below for the quickest exit especially when price jumps fast.

I hope this makes sense.
dan

My personal view is you're better off forgetting about greening up in an in-play horse race. The one second delay coupled with price movement will kill you. You'll always get matched on a loss-making trade and will rarely get matched on a profitable trade.

Try one of the following:
> When placing value trades into the market, use stakes you are comfortable losing in full and let them ride.
> When placing a lay trade into the market, put up a simultaneous back trade at X ticks above.
> When placing a back trade into the market, put up a simultaneous lay trade at X ticks below.

[Dangeorge16]

Thank you for your help in the matter. From demo mode so far if your trade goes wrong it doesn't really matter what the rules are as your unlikely to get matched.

[ShaunWhite]

Goes without saying really that having no bet is better than a -ev bet. Trading isn't about race totals it's about having 10,000+ bets a year (or per day using some methods). Usual value rules apply.