Redding up

[scanual]

Hi,

I understand the term greening up, and that it helps secure a profit across all outcomes, but i am curious about redding up, what is its purpose and how is it best employed. An example would be great.

Cheers

[Alpha322]

Hi,

I understand the term greening up, and that it helps secure a profit across all outcomes, but i am curious about redding up, what is its purpose and how is it best employed. An example would be great.

Cheers

It is the opposite to making a sucessfull trade on a selection you have traded on. When you red up you are spreading that loss across the field or event, thus protecting your bank for as little loss as possible.I would advise you to red up all the time you get one. Some people dont, i see that as a gamble, take horse racing, if you trade the favourite and you have say
-£50 loss and price you closed out at is say 2.54. You will have 0 on all other runners in the race, great if the favourite loses the race, you lose nothing, but if it wins you dent your bank when you could of only garenteed losing £19.68 a saving of £30.32 to your bank.
It took me time to accept this, in the pass i use to take a chance, but at the end of the months you definety see it aint worth taking the risk
Red Up ACCEPT when your wrong as a trader theres another trade round the corner
Good luck

[BAP-Admin]

Hi,

I understand the term greening up, and that it helps secure a profit across all outcomes, but i am curious about redding up, what is its purpose and how is it best employed. An example would be great.

Cheers

It is the opposite to making a sucessfull trade on a selection you have traded on. When you red up you are spreading that loss across the field or event, thus protecting your bank for as little loss as possible.I would advise you to red up all the time you get one. Some people dont, i see that as a gamble, take horse racing, if you trade the favourite and you have say
-£50 loss and price you closed out at is say 2.54. You will have 0 on all other runners in the race, great if the favourite loses the race, you lose nothing, but if it wins you dent your bank when you could of only garenteed losing £19.68 a saving of £30.32 to your bank.
It took me time to accept this, in the pass i use to take a chance, but at the end of the months you definety see it aint worth taking the risk
Red Up ACCEPT when your wrong as a trader theres another trade round the corner
Good luck

Hi Alpha,

Thanks for including the original quote. I would have missed it if you hadn't done that.

But seriously, can members try to use the 'Post Reply' button to reply rather than the 'Quote' button. The forum DB is getting too big and I'll soon have to strip out older posts and archive them somewhere. A quick look around shows that a lot of the content is repeated by the use of the 'Quote' button.

I'm not saying don't use it but to quote the post prior to your reply is probably not required.

Thanks for your help.

[Alpha322]

Hi,

I understand the term greening up, and that it helps secure a profit across all outcomes, but i am curious about redding up, what is its purpose and how is it best employed. An example would be great.

Cheers

It is the opposite to making a sucessfull trade on a selection you have traded on. When you red up you are spreading that loss across the field or event, thus protecting your bank for as little loss as possible.I would advise you to red up all the time you get one. Some people dont, i see that as a gamble, take horse racing, if you trade the favourite and you have say
-£50 loss and price you closed out at is say 2.54. You will have 0 on all other runners in the race, great if the favourite loses the race, you lose nothing, but if it wins you dent your bank when you could of only garenteed losing £19.68 a saving of £30.32 to your bank.
It took me time to accept this, in the pass i use to take a chance, but at the end of the months you definety see it aint worth taking the risk
Red Up ACCEPT when your wrong as a trader theres another trade round the corner
Good luck

Hi Alpha,

Thanks for including the original quote. I would have missed it if you hadn't done that.

But seriously, can members try to use the 'Post Reply' button to reply rather than the 'Quote' button. The forum DB is getting too big and I'll soon have to strip out older posts and archive them somewhere. A quick look around shows that a lot of the content is repeated by the use of the 'Quote' button.

I'm not saying don't use it but to quote the post prior to your reply is probably not required.

Thanks for your help.

Many apologies for that will amend to the rules after all thats what we need to make profit