Scalp the Fav During the First 25% of a Race - Guardian Automation Bot

[Dallas]

There is only a limited amount of liquidity in any market at a given time, and anyone with an edge and profitable strategy to exploit that edge will be trying to get the maximum stake matched as they can, therefore every strategy will have a limit as to the stake size being used

This also makes it impossible to share profitable strategy's, and is why everyone needs to come up with there own and match it to the right type of market/s and have it trigger/place bets under your bespoke conditions/criteria - which only you are using.

If I were to upload a scalping bot (or any bot) that was chugging away using £150 stakes and making circa £400 per week, if another person starts using it it will only remain profitable to both if we both reduced the stakes to £75 to make £200 per week,
If a 3rd person started using it we'd all have to reduce the stakes again to £50 to make £133 per week each
and so on

If three people tried using £150 stakes that would be £450 hitting the market at exactly the same time of which only £150 stands a chance of being matched unless it ends up being a losing trade in which case all will be fully matched

Now have 100 people using it and that's £15k suddenly hitting the same selection at the same price at the same time

So everyone losses when its a losing trade, but if its a winning trade everyone takes it in turns to get there £150 matched - the net result being everyone using this bot now loses in the long term


It doesn't matter what software you use, to make a profit you need an edge and strategy to exploit that edge, the only reason to move to or use another software is if your strategy required an action Bet Angel couldn't perform - but as its the most comprehensive trading software available and can do everything all other software's can and much more its why people tend to end up using it as there chosen software at some point.

[NotBothered]

yeah it is not a software issue

it is the fundamental flaw is how the scalping is being set up and operated.

The trigger is not advanced enough - the filters are too few -- and every market is different -- race grades are different - prices are different -- money comes in at different times .. so each of these issues has to be addressed and solved -- to stop as you said why am I making so many good trades - but still losing ?

the answer is the bad trades are killing performance.

Once you accept OK : I spent 13 months working on this and have not resolved the situation : it is time for a new way of looking at the problem

So then the answer becomes -- how good is your programming -- can you capture the data you need to help solve these problems or not ? and have you correctly seen - what are the issues you need to solve.

only then can you turn around and say OK I now know what I need to do.

[NotBothered]

+ if you look at the automation I uploaded changing the VWAP 10% to multiple time periods of different values

that would help you

what that file is missing is something Dallas did elsewhere -- where it is not allowed to enter a trade without there being some slowdown in the move and some anti move.

Because you will notice if you set it at 20% as an example - it will blow straight through at times - so it still requires further information for it to trade better

I did make the suggestion on how to solve all these things - by providing them as add ons - so you can them customize your performance better and solve each problem much quicker - but anyway seems many are not too supportive of this.

+ volatility filter would also probably help that one.

[Fugazi]

+ if you look at the automation I uploaded changing the VWAP 10% to multiple time periods of different values

that would help you

what that file is missing is something Dallas did elsewhere -- where it is not allowed to enter a trade without there being some slowdown in the move and some anti move.

Because you will notice if you set it at 20% as an example - it will blow straight through at times - so it still requires further information for it to trade better

I did make the suggestion on how to solve all these things - by providing them as add ons - so you can them customize your performance better and solve each problem much quicker - but anyway seems many are not too supportive of this.

+ volatility filter would also probably help that one.

I think your ideas are brilliant on reflection. But I think no matter how many additional layers Dallas adds, you will always need to make more layers as the profitability gets bled dry.

I always thought volatility could be good for scalping with a wider offset, but turned out to be unsuccessful.

[NotBothered]

yes -- that is a strong sentiment

I do think though -- the VWAP with variable time -- plus extra conditions and filters is better

because it picks and chooses its time to enter

and you can make a version for F1 F2 F3 - with custom settings

long term this gives you a chance for success -- anyway I am out for today -- good luck