Trailing Stop In Running
I would have to agree with Squirtle, IMO you are going to be triggered way way way more than you need to and get a much lower (if it's a back bet) than you could get a lot of the time as often I will see a back of say 8 and then the next lowest price will be 6 (for a few seconds) until people start filling the gap but in that time your stop would of been triggered at 6 even though you the market maybe back upto 7etc.
Yes. It is triggered when the price available is less than your stop loss.
Have no idea why it wouldn't be triggered when the last traded prices was at or below your stop loss. Although even then, in running would be pretty dangerous as prices jump, and your trigger may cost you plenty.
Personally, I don't use it ever. Doesn't mean that is wise. Just means I don't.
Have no idea why it wouldn't be triggered when the last traded prices was at or below your stop loss. Although even then, in running would be pretty dangerous as prices jump, and your trigger may cost you plenty.
Personally, I don't use it ever. Doesn't mean that is wise. Just means I don't.
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JollyGreen
- Posts: 2047
- Joined: Sat Mar 21, 2009 10:06 am
I've tried this for a bit of fun 
It wasn't a serious trading ploy, I just wanted to test a theory I had been thinking about for ages.
It depends on the market structure and if there are any incidents. If for example it is a 1m race and the pace is normal with the favourite travelling mid pack then prices can be relatively stable. If the favourite meets trouble in running; gets blocked in, baulked by another runner, gets a crack with the whip then the market will go mental as punters try to find the likely winner and look to lay the favourite. If none of this happens you will find the favourite's price will remain constant or contract slightly as the winning line gets closer.
In sprints where a good start is essential the market will go mental if a horse or horses miss the break.
Over jumps it will go mental if a horse hits an obstacle, falls, gets brought down, pulls up etc. The same will apply in terms of blocked in, under pressure etc.
Another general rule is the better the horses, the more stable the in running market. A seller on the AW is contested by poor horses whose form is unreliable so they can be travelling well one minute and look as if they have been shot the next! If you watch some of the better races at Newmarket this week the horses have solid form and run fairly predictably on the whole. They have outsiders but they are generally ignored by serious players so their impact on the market is negligible. If a favourite struggles or a 2nd/3rd fav struggles then prices have to move.
It's simple maths really. If a horse trading at 4 suddenly drops out of contention then a theoretical 25% of the market has also dropped out
If that horse is 2nd fav then watch the favourite's price plummet!
Yes...a misspent youth which meant following horse racing for over 40 years
It wasn't a serious trading ploy, I just wanted to test a theory I had been thinking about for ages.
It depends on the market structure and if there are any incidents. If for example it is a 1m race and the pace is normal with the favourite travelling mid pack then prices can be relatively stable. If the favourite meets trouble in running; gets blocked in, baulked by another runner, gets a crack with the whip then the market will go mental as punters try to find the likely winner and look to lay the favourite. If none of this happens you will find the favourite's price will remain constant or contract slightly as the winning line gets closer.
In sprints where a good start is essential the market will go mental if a horse or horses miss the break.
Over jumps it will go mental if a horse hits an obstacle, falls, gets brought down, pulls up etc. The same will apply in terms of blocked in, under pressure etc.
Another general rule is the better the horses, the more stable the in running market. A seller on the AW is contested by poor horses whose form is unreliable so they can be travelling well one minute and look as if they have been shot the next! If you watch some of the better races at Newmarket this week the horses have solid form and run fairly predictably on the whole. They have outsiders but they are generally ignored by serious players so their impact on the market is negligible. If a favourite struggles or a 2nd/3rd fav struggles then prices have to move.
It's simple maths really. If a horse trading at 4 suddenly drops out of contention then a theoretical 25% of the market has also dropped out
If that horse is 2nd fav then watch the favourite's price plummet!Yes...a misspent youth which meant following horse racing for over 40 years
I have had a lot of success setting the trigger/ stop loss at 30 ticks.
Keep in mind , Betfair will try & give us the better price if available so the price wont always be 30 ticks longer.
Have not been bit yet.
Best to use on 8+ furlong races (1600+m)
Keep in mind , Betfair will try & give us the better price if available so the price wont always be 30 ticks longer.
Have not been bit yet.
Best to use on 8+ furlong races (1600+m)