Hello,
I want to introduce a rule in my strategy to 'red' up on an obvious lay loss (so the selection is likely to win) in play.
Provisionally, I've added a 'Close trade on Selection with Greening' rule, with a condition that 'Trading profit (with greening)' on that selection is less than x amount (up to the amount I'm happy to risk, probably about 2/3rd of my liability) using current market price. Its set to trigger once. I haven't had a lay loss today to see how it gets on, so thought I'd ask for thoughts in the interim!
As I know the market can be a little quick and volatile in play, would this rule and the conditions I've set be acceptable/the best way for doing this?
I just want to be sure there isn't a better way to go about it!
Thanks
