I've been running a bot in practice mode for the last few weeks, an adjusted version of scalp the IR fav, put up by Dallas on the shared file forum. ( which has been a MASSIVE help, and I'm very grateful )
I'm using £50 stakes with a £5 stop loss. I'm having quite decent success with it. About 70% win ratio. The stop loss kicks in perfect most of the time. The only time it goes wrong is when there is a sudden spike in the odds. It can go from 2.0 to 7.5 and back to 2.0 in a space of a second, leaving me with a much bigger red than the £5 max. This is eating away at potential profits, and has happened a few times. Is there a way around this, or is it part and parcel of the game?
Skipping Odds.
Losses are part an parcel of trading but you could maybe look at using a delayed stop loss which will ignore short term spikes
http://www.betangel.com/forum/viewtopic ... 43&t=11954
http://www.betangel.com/forum/viewtopic ... 43&t=11954
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That should do the trick. Thank You very much. I'll add that on to my next day I get to trade which will probably be Saturday.
I'm going to put extra effort into learning signals and read a book on opening up my mindset.
The possibilities seem endless.
Thanks again
I'm going to put extra effort into learning signals and read a book on opening up my mindset.
The possibilities seem endless.
Thanks again