Hi Guys,
This might be a dumb question, but how do I include screenshots in a Post
Create a No Lose Trade on Fav and Profit on the Field Guardian Automation Bot
Hi Guys,
I've been using this .baf in Real Mode with a very small $5 Stake for a few days now with mixed results.
If the BACK Bet gets matched with a LAY Bet, the results are generally pretty good.
However every now and then the BACK Bet doesn't get matched and a substantial loss is the result, and this negates the Profits I had made.
I have reduced the number of Ticks down to 10, and its made no difference.
The next step is to reduce the number of Ticks down to 5.
Apart from that, can anybody suggest something that I can do?
I've been using this .baf in Real Mode with a very small $5 Stake for a few days now with mixed results.
If the BACK Bet gets matched with a LAY Bet, the results are generally pretty good.
However every now and then the BACK Bet doesn't get matched and a substantial loss is the result, and this negates the Profits I had made.
I have reduced the number of Ticks down to 10, and its made no difference.
The next step is to reduce the number of Ticks down to 5.
Apart from that, can anybody suggest something that I can do?
-
sionascaig
- Posts: 1727
- Joined: Fri Nov 20, 2015 9:38 am
It's designed to work where you have an expectation (or get lucky) that the nominated selection comes in in price. If that doesn't happen then you lose - its that simple.
Reducing the tick size may increase the hit rate but you will reduce profit per race when successful. So there is a risk / reward thing going on here and you need to seek to find the right balance based on how good your pick selection is.
Maybe you can get a higher hit rate by laying 1st (or some other criteria) - no idea.... but that's all part of the fun of trading & trying to figure it out.
Reducing the tick size may increase the hit rate but you will reduce profit per race when successful. So there is a risk / reward thing going on here and you need to seek to find the right balance based on how good your pick selection is.
Maybe you can get a higher hit rate by laying 1st (or some other criteria) - no idea.... but that's all part of the fun of trading & trying to figure it out.
Just wondering what is the advantage between this and using the fixed stake back to lay?
With this you obviously make profit on all runners except the runner which you have selected (no lose position) but with a fixed stake when the back and lay bets are taken you can green up across all runners.
Long term wouldn't the fixed stake method be more effective as you would be making profit even if it wins as opposed to this method of making no profit and no loss when it wins?
Thanks for any help.
With this you obviously make profit on all runners except the runner which you have selected (no lose position) but with a fixed stake when the back and lay bets are taken you can green up across all runners.
Long term wouldn't the fixed stake method be more effective as you would be making profit even if it wins as opposed to this method of making no profit and no loss when it wins?
Thanks for any help.
It depends on your overall strategy and preference, there isn't a one size fits allScotty66 wrote: ↑Mon Aug 26, 2024 11:13 amJust wondering what is the advantage between this and using the fixed stake back to lay?
With this you obviously make profit on all runners except the runner which you have selected (no lose position) but with a fixed stake when the back and lay bets are taken you can green up across all runners.
Long term wouldn't the fixed stake method be more effective as you would be making profit even if it wins as opposed to this method of making no profit and no loss when it wins?
Thanks for any help.
Sometimes it doesn't place the back bet or maybe it doesn't get matched, but it still places the lay bet which in most cases makes a loss. Is there a condition I can put into the file where it will only place the lay bet if the back bet has been matched first?
Thanks
Chris
Thanks
Chris
The back bet will always be placed as it has no conditions unless the market isn't refreshed during the time the rule is armed due to how you have Guardian set up. The following post will explain how Guardian cycles and refreshes markets and the impact it has on automation rulestiggerfan wrote: ↑Wed Oct 08, 2025 1:48 pmSometimes it doesn't place the back bet or maybe it doesn't get matched, but it still places the lay bet which in most cases makes a loss. Is there a condition I can put into the file where it will only place the lay bet if the back bet has been matched first?
Thanks
Chris
viewtopic.php?t=11491
But if you wanted an extra layer of security on the Lay bet rule add the following condition
'Number of matched bets'
on Selection
are Greater than 0
https://www.betangel.com/user-guide/num ... _bets.html
Hi All<
However much automation is used there is no foolproof way of trading .The universal dynamic of trading is simple...the anticipation of the direction of price movements. There is no way this dynamic can be turned around because it is a dynamic .
You will find that every suggestion for automation (and trading in general) on this site as well as hundreds of other trading advice sites ,always carries the proviso of IF...so if the price goes out..or IF the price comes in...etc. Therein lies the dynamic.
Since the first bet was struck on the outcome of a race back in the dawn of time there has always been systems...and system vendors .The latter being viewed with disgust by the purists .
But the reality is Automation with trading is just another form of system vendoring .Albeit they are not called systems now but rather grand sounding 'Strategies' . But in reality they are just systems.
So in the 2.30 at Ascot if the horse came first in his last race and ran less than 12 days ago then he is the system pick. The rules here are simple 1st LTO 12 day rule.
Trading will say wait till the volume is xxx and the price has (apparantly) troughed and the second fav is going out....then trade it....condition IF (IFIFIF) .You will never get away from trading systems depending on the IF factor.
Regards
Tico (IF)
However much automation is used there is no foolproof way of trading .The universal dynamic of trading is simple...the anticipation of the direction of price movements. There is no way this dynamic can be turned around because it is a dynamic .
You will find that every suggestion for automation (and trading in general) on this site as well as hundreds of other trading advice sites ,always carries the proviso of IF...so if the price goes out..or IF the price comes in...etc. Therein lies the dynamic.
Since the first bet was struck on the outcome of a race back in the dawn of time there has always been systems...and system vendors .The latter being viewed with disgust by the purists .
But the reality is Automation with trading is just another form of system vendoring .Albeit they are not called systems now but rather grand sounding 'Strategies' . But in reality they are just systems.
So in the 2.30 at Ascot if the horse came first in his last race and ran less than 12 days ago then he is the system pick. The rules here are simple 1st LTO 12 day rule.
Trading will say wait till the volume is xxx and the price has (apparantly) troughed and the second fav is going out....then trade it....condition IF (IFIFIF) .You will never get away from trading systems depending on the IF factor.
Regards
Tico (IF)