Thx
Variable P/L
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JollyGreen
- Posts: 2047
- Joined: Sat Mar 21, 2009 10:06 am
I am unaware of that being an option. I assume you are talking about how much of your profit you decide to green up?
This has been covered before, on Peter's Blog I believe?? In the long run you will find the profit is fairly similar irrespective of greening up or letting the profit run. If we assume the market is efficient then given a large enough sample the P&L result should be the same.
I also found in the early days of my trading that the stress of a higher win followed by a lower one was not good so I went for the slow and sure approach and greened up or redded up (is redded a word
) and that removed a lot of the emotion. If you get too emotional about trading it can have an impact on your decision making and trust me it will not be a positive impact!
HTH
JG
This has been covered before, on Peter's Blog I believe?? In the long run you will find the profit is fairly similar irrespective of greening up or letting the profit run. If we assume the market is efficient then given a large enough sample the P&L result should be the same.
I also found in the early days of my trading that the stress of a higher win followed by a lower one was not good so I went for the slow and sure approach and greened up or redded up (is redded a word
) and that removed a lot of the emotion. If you get too emotional about trading it can have an impact on your decision making and trust me it will not be a positive impact!HTH
JG
Thx for reply. And yes, i need funkcion, when automated hedging/greening on P/L must be 10%/90% P/L. Automated P/L 50%/50% is no good for my trading stratedy, because many probable (and statistics supported this opinion) is for lost side, where is 90% profit (on my trading market). Then 10% profit stay only for cover profit/loss wuth this strategy.
Sorry for my poor english language
Sorry for my poor english language
You can redistrubute money using the manual greening tool on the manual bet tab if you want.
I guess it would be possible to implement something like this but the rewards are not as high as you think. If you have £5 at 50's then you would only transfer 10p to another horse with proportional greening.
I guess it would be possible to implement something like this but the rewards are not as high as you think. If you have £5 at 50's then you would only transfer 10p to another horse with proportional greening.
Thx for reply. Manual hedging/greening is no good for me, i find automated greening with this parameters for quick trading, because i no have time with my strategy ! Quick trading, Back and Lay = profit for me with lower risk !
My strategy is not for horse racing, but this is no key fact.
When must be placed manual greening/hedging for my 10/90 P/L or automated 50/50 P/L,no problem for me use freeware trading software The Geeks Toy.
My strategy is not for horse racing, but this is no key fact.
When must be placed manual greening/hedging for my 10/90 P/L or automated 50/50 P/L,no problem for me use freeware trading software The Geeks Toy.