Why is my trailing stop rule showing big loses

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AngusMack78
Posts: 15
Joined: Fri Jun 27, 2014 10:26 am

Hi,

I have created a rule that is supposed take advantage of when the price comes in by using a trailing stop. I have set up the attached rule to back either player in a tennis match when the WOM is 40% and have a trailing stop to place and triger at 5 ticks. Theoretically if the price moves the wrong way I should incure a small loss (around 0.2 on a $5. But if it moves the right way I could potentially have larger gains. However that has not happened.

In the market logged below I had two marched bets (the initial bet and then a greening bet only. However from the log you can see that there would have been ample time for the stops to fire and potentially pull into profit. Why did this not work? Any suggested amendments to the rule would be welcome.

25/04/2015 14:53:10: Guardian has detected that the market is in-play
25/04/2015 14:53:10: Guardian has detected that the market is suspended
25/04/2015 14:53:23: Guardian has detected that the market is now unsuspended
25/04/2015 15:01:01: $ 5.00 Back bet placed on David Marrero at 1.49. Entirely unmatched when it initially reached the market. Ref: 12109 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:01:06: $ 5 unmatched bet (Ref:12109) was killed.
25/04/2015 15:01:28: $ 5.00 Back bet placed on David Marrero at 1.47. Entirely unmatched when it initially reached the market. Ref: 12110 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:01:33: $ 5 unmatched bet (Ref:12110) was killed.
25/04/2015 15:03:58: $ 5.00 Back bet placed on Tiago Lourenco at 3.85. Entirely unmatched when it initially reached the market. Ref: 12111 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:04:03: $ 5 unmatched bet (Ref:12111) was killed.
25/04/2015 15:04:23: $ 5.00 Back bet placed on Tiago Lourenco at 4.5. Entirely unmatched when it initially reached the market. Ref: 12112 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:04:28: $ 5 unmatched bet (Ref:12112) was killed.
25/04/2015 15:05:01: $ 5.00 Back bet placed on Tiago Lourenco at 4. Entirely unmatched when it initially reached the market. Ref: 12113 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:05:06: $ 5 unmatched bet (Ref:12113) was killed.
25/04/2015 15:05:41: $ 5.00 Back bet placed on Tiago Lourenco at 5. Fully matched at 5. Ref: 12114 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:05:46: $ 5.00 Lay bet placed on Tiago Lourenco at 1.01. Entirely unmatched when it initially reached the market. Ref: 12115
25/04/2015 15:06:02: Stop triggered. Modify bet 12115 from 5 @ 1.01 to 5 @ 5.5 New Ref: 12116
25/04/2015 15:09:39: $ 5.00 Back bet placed on David Marrero at 1.19. Entirely unmatched when it initially reached the market. Ref: 12117 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:09:44: $ 5 unmatched bet (Ref:12117) was killed.
25/04/2015 15:10:17: $ 5.00 Back bet placed on David Marrero at 1.51. Entirely unmatched when it initially reached the market. Ref: 12118 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:10:22: $ 5 unmatched bet (Ref:12118) was killed.
25/04/2015 15:10:56: $ 5.00 Back bet placed on David Marrero at 1.33. Entirely unmatched when it initially reached the market. Ref: 12119 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:11:01: $ 5 unmatched bet (Ref:12119) was killed.
25/04/2015 15:11:21: $ 5.00 Back bet placed on David Marrero at 1.33. Entirely unmatched when it initially reached the market. Ref: 12120 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:11:26: $ 5 unmatched bet (Ref:12120) was killed.
25/04/2015 15:11:58: $ 5.00 Back bet placed on David Marrero at 1.33. Entirely unmatched when it initially reached the market. Ref: 12121 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:12:03: $ 5 unmatched bet (Ref:12121) was killed.
25/04/2015 15:12:23: $ 5.00 Back bet placed on David Marrero at 1.32. Entirely unmatched when it initially reached the market. Ref: 12122 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:12:28: $ 5 unmatched bet (Ref:12122) was killed.
25/04/2015 15:12:50: $ 5.00 Back bet placed on David Marrero at 1.32. Entirely unmatched when it initially reached the market. Ref: 12123 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:12:55: $ 5 unmatched bet (Ref:12123) was killed.
25/04/2015 15:13:17: $ 5.00 Back bet placed on David Marrero at 1.31. Entirely unmatched when it initially reached the market. Ref: 12124 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:13:22: $ 5 unmatched bet (Ref:12124) was killed.
25/04/2015 15:13:57: $ 5.00 Back bet placed on David Marrero at 1.24. Entirely unmatched when it initially reached the market. Ref: 12125 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:14:02: $ 5 unmatched bet (Ref:12125) was killed.
25/04/2015 15:15:38: $ 5.00 Back bet placed on David Marrero at 1.23. Entirely unmatched when it initially reached the market. Ref: 12129 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:15:43: $ 5 unmatched bet (Ref:12129) was killed.
25/04/2015 15:16:05: $ 5.00 Back bet placed on David Marrero at 1.23. Entirely unmatched when it initially reached the market. Ref: 12130 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:16:10: $ 5 unmatched bet (Ref:12130) was killed.
25/04/2015 15:16:45: $ 5.00 Back bet placed on David Marrero at 1.19. Entirely unmatched when it initially reached the market. Ref: 12131 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:16:50: $ 5 unmatched bet (Ref:12131) was killed.
25/04/2015 15:17:26: $ 5.00 Back bet placed on David Marrero at 1.18. Entirely unmatched when it initially reached the market. Ref: 12132 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:17:31: $ 5 unmatched bet (Ref:12132) was killed.
25/04/2015 15:17:55: $ 5.00 Back bet placed on David Marrero at 1.18. Entirely unmatched when it initially reached the market. Ref: 12133 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:18:00: $ 5 unmatched bet (Ref:12133) was killed.
25/04/2015 15:18:21: $ 5.00 Back bet placed on David Marrero at 1.18. Entirely unmatched when it initially reached the market. Ref: 12135 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:18:26: $ 5 unmatched bet (Ref:12135) was killed.
25/04/2015 15:21:11: $ 5.00 Back bet placed on David Marrero at 1.04. Entirely unmatched when it initially reached the market. Ref: 12140 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:21:16: $ 5 unmatched bet (Ref:12140) was killed.
25/04/2015 15:21:37: $ 5.00 Back bet placed on David Marrero at 1.04. Entirely unmatched when it initially reached the market. Ref: 12141 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:21:42: $ 5 unmatched bet (Ref:12141) was killed.
25/04/2015 15:22:32: $ 5.00 Back bet placed on David Marrero at 1.18. Entirely unmatched when it initially reached the market. Ref: 12144 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:22:37: $ 5 unmatched bet (Ref:12144) was killed.
25/04/2015 15:22:58: $ 5.00 Back bet placed on David Marrero at 1.18. Entirely unmatched when it initially reached the market. Ref: 12145 ( Fill or kill bet with 5 seconds delay. Offsetting by 200 ticks. Trailing Stop at 5 ticks. Place stop at 5 ticks. )
25/04/2015 15:23:03: $ 5 unmatched bet (Ref:12145) was killed.
25/04/2015 15:24:17: Cancelling bets 12116
25/04/2015 15:24:40: Greened up Tiago Lourenco by Laying 0.23 at 110
25/04/2015 15:40:49: Guardian has detected that the market is suspended


Regards,

Angus
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