Tiger wrote: ↑Thu Aug 01, 2024 2:07 am
I'm not new to trading but I'm trying out an automation in a new market.
The bot will green up when I hit a certain profit on a football over/under market. But I'm not sure what % that should/could be.
25% is a figure I've plucked out of the air as a starting point, but I'm wondering if that is realistic, too high or too low?
The bot will stake 1% of my bank as a back bet at a pre determined time in each match.
Look forward to hearing various opinions
It's always a good idea to re-read your post and correct errors, but it's particularly useful for the title of your post.
The best profit to aim for depends entirely on, firstly, whether your bot's successful, and secondly, what profit margin it can produce. Nobody can compare your situation to their own because they will be using different bots that work in different ways. Nothing wrong with picking figures out of the air as a starting point, but the best way to refine you bot is by trial and error, testing it to small stakes, looking at what ifs, and making adjustments.
