Advice on Safe Trading?

[Trade_Green]

Good evening,

I currently trade inplay using the one click screen along with a l2b servant. I'm just wondering two things..

Is it possible to add a setting which will only allow you to click once when placing a lay bet as sometimes either accidentally I can double click or if I'm not being disciplined I've been know to click multiple times.?

Is it possible to set a stop loss for example if I didn't want to risk more than £100 a race can I limit this.?

Hopefully my questions make sense and someone can help thank you.

[Tuco]

if you tie up your bank leaving just £100 available, then you will only be able to bet with that £100 - that's what I would do if I wanted a maximum £100 liability per race.

[Anbell]

if you tie up your bank leaving just £100 available, then you will only be able to bet with that £100 - that's what I would do if I wanted a maximum £100 liability per race.

good advice

[jamesedwards]

Good evening,

I currently trade inplay using the one click screen along with a l2b servant. I'm just wondering two things..

Is it possible to add a setting which will only allow you to click once when placing a lay bet as sometimes either accidentally I can double click or if I'm not being disciplined I've been know to click multiple times.?

Is it possible to set a stop loss for example if I didn't want to risk more than £100 a race can I limit this.?

Hopefully my questions make sense and someone can help thank you.

Two options:
1. Tuck any balance you want kept aside in the poker wallet (you can just transfer balance instantly between these wallets)
2. Create a column on one-click that instead of straight placing a trade, sets off a servant using 'by nomination - servant context selection' that sets off the same trade, but with relevant conditions to control your overall exposure.

[ShaunWhite]

A safety net won't stop your mistakes or cure your lack of discipline, if anything it just abdicates that responsibility and makes you even less diligent. You'll just lean on it and probably go the full £100 every time, then you'll change it to £200 in a few days because you'll feel it got in the way of a great chance to win your money back. I bought that expensive T-shirt about 10yrs ago.

The answer for me was stats, a seperate log of markets traded properly and those where I messed up (not just loses but the lucky wins too) , and it has to be brutally honest... When you see you're only a loser because of the mistakes and the steady but dull stuff actually made money, that you start to change your behaviour.

It's the lack of belief that you can do this legitimately that makes you try and cheat your way to profit with unplanned bets.

[ruthlessimon]

Assuming you have a rough idea of the expectancy and max drawdown, consider the entire bank lost before starting and commit no new capital. (£10K fix) (angel investor mentality)

If the expectancy and max drawdown is unknown, expect a constant bleed. Cap the monthly loss to whatever your car insurance is. (£500 loss a month) (universal credit mentality)

[Fugazi]

£100 a race is odd to me

Either A) it's easily affordable for you.. but I would question why you want to invest so much time in this, it won't make anywhere near your income


OR

B).........

[ShaunWhite]

It won't make anywhere near your income.

It can be about lifestyle choices too especially if you've done well previously.