Green up in play - 2 commands
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kelvingenders
- Posts: 4
- Joined: Sat Oct 12, 2013 8:54 am
Hi all, just looking for some advice. Is there a way that I can set the guardian automation to trade for a profit in running, but also have a system that allows trade out at a set loss. For example, I would like to make a 20P profit per race, but I would like to trade out if the overall greened profit his -80p loss. I can set the automation for one or the other, but not both. Any ideas
Your profit and stop loss strategy presume prices move in smooth, 1 tick increments all the way down to 1.01 and all the way out to 1000.
In running this is not the case. Your selection may fall, trip, unseat a rider, stumble or do any number of things to make a price of 1.01 suddenly shoot out to 1000 without visiting any of the prices in-between. On top of that there is a in-running bet delay which means the trigger price may be long gone by the time your bet reaches the exchange.
However, if you wish to persevere then set a green all rule with a profit condition of less than your desired amount and another rule with a profit condition greater than your desired amount. But due to the reason mentioned above you may find it does not always get your bets matched and may have unpredictable results.
In running this is not the case. Your selection may fall, trip, unseat a rider, stumble or do any number of things to make a price of 1.01 suddenly shoot out to 1000 without visiting any of the prices in-between. On top of that there is a in-running bet delay which means the trigger price may be long gone by the time your bet reaches the exchange.
However, if you wish to persevere then set a green all rule with a profit condition of less than your desired amount and another rule with a profit condition greater than your desired amount. But due to the reason mentioned above you may find it does not always get your bets matched and may have unpredictable results.
Agree with 6th sense
The bottom line is don't get fancy with inplay. The book saw you coming last year, pal, and aint gonna respect you.
I would recommend, back in the run up, may be for 10 or 15 ticks + greening and if you're still not green at the off and have some balls let your position run for a few seconds (STRESS - FEW SECONDS) into in play. Protect yourself as much as you can by targeting longer races where the runners are duking it out in the opening stages so several leads will tighten simultaenously.
Good luck!
The bottom line is don't get fancy with inplay. The book saw you coming last year, pal, and aint gonna respect you.
I would recommend, back in the run up, may be for 10 or 15 ticks + greening and if you're still not green at the off and have some balls let your position run for a few seconds (STRESS - FEW SECONDS) into in play. Protect yourself as much as you can by targeting longer races where the runners are duking it out in the opening stages so several leads will tighten simultaenously.
Good luck!
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kelvingenders
- Posts: 4
- Joined: Sat Oct 12, 2013 8:54 am
Hi kelpie.. I fully understand your concern. I'm planning to lay the field at 3.00 and when I get a profit situation, I want to quickly trade to a small but a 5% profit. However my maximum loss needs to be at 80 p, so is it possible to set the parameters to green up at these possibilities of either a 20p profit or an 80 p loss. For a 80p loss do I have to use a less than -0.8 or a greater than -80p. Could you advise