Hope you dont mind the post.
I am wondering what the most practical approach is here using betangel. I have a pretty solid dutching strategy that is breakeven
. What turns it profitable is minimising full loss of stakes and Its hit and miss with regards to my sloppy manual exectution and quite frustrating really I am now looking to approach it differently and instead of manually trading out in play, I want to set stop losses at a certain position for each selection, so that if they drift I automatically close the position...
Just looking through Peter's videos in the academy and the user guide. I was hoping for some practical advice. Am I correct in saying that the global settings would. not trigger if im using the dutching tool? It was suggested that I use offset bet at the % I wanted - but I dont think I can use this global setting in conjunction with the dutching screen? (I didnt actually realise you could set the offset bet to act as a stop loss either, I aways assumed if I was backing, the offset could only be set at a lower price than entry)
If I were to use the ladder screen and the right click stop loss function, am I right in thinking that if these are set pre off, they do not persist into the off? So I would have to set these in play?
Also with regard to the stop loss function, the guide is good, but I want to understand how this works live. So the stop loss is set, if the price moves to stop loss, betangel will trigger and calculate and set a lay bet. Is this done at the best available price or at the stop loss price and how does it work if an order is not filled?
Appreciate any advice - posted here in the newbies thread and did try to find some old posts, but couldn't quite see the answers I was looking for - thanks all.