Stop loss for laying horses

[clivediver]

Hi everybody,
Quite new to Bet Angel just using the trial at the moment.
I like to lay horses and trade out for up to 200% of my stake if it reaches that.
Sometimes I have somehow missed this and the horse won!
Is it possible in Bet Angel to set this so it triggers automatically and fires the back bet when I reach that level during the race?
Many thanks It may be a silly question for the more season'd traders but I'm still a newbie so don't hang me yet!
Regards
Clive

[Dallas]

Can you give a monetry example, it is a little confusing to understand what you mean exactly using the percentages you have given

[LeTiss]

Hi everybody,
Quite new to Bet Angel just using the trial at the moment.
I like to lay horses and trade out for up to 200% of my stake if it reaches that.
Sometimes I have somehow missed this and the horse won!
Is it possible in Bet Angel to set this so it triggers automatically and fires the back bet when I reach that level during the race?
Many thanks It may be a silly question for the more season'd traders but I'm still a newbie so don't hang me yet!
Regards
Clive

You can't win 200% of your stake - I assume you are laying horses that are odds on, and therefore you mean winning 200% of your liability?

Example - £100 lay on a horse at 1.36 (£36 liability)
You want to place a trade so BA locks you out for a £72 profit

Is this what you mean? (If it is, then you are in the right place - BA can definitely do that)

[clivediver]

Sorry for the confusion!
For example I lay horse A for £10 at odds of 10 and he is running really well and gets close to £20 loss can BA fire a back bet to close out the trade for a £20 loss instead of risking the whole liability of £90?
I know I can do this manually but I missed 2 yesterday so would be much more comfortable in having BA do it.
Cheers
Clive

[LeTiss]

Yeah you can do that, but the problem you'll find is things happen very quickly in a horse race

If the horse is running well, and you're set to lose £20, there's every chance that price will disappear before you managed to lock out

[clivediver]

Thanks for the reply, yes things do happen quickly in the race!
Is there a link or page I can go to that shows how to set up BA for that.
Cheers
Clive

[Shockwave3009]

You could use the "offset bet with trailing stop" function like Peter has described here:

https://www.youtube.com/watch?v=SpniNFag2Ho

[clivediver]

That's great thank you very much