In this video we set up a position around an hour out and use, offsetting, stops and trailing stops to trade the market. Using Bet Angel’s guardian tool this allows us to do this without even actively monitoring the market you have set up this automated trade on. We simply visit the market we want to trade, set up the position and then move onto another market. It’s a neat way to increase the amount of trading you can do in a day. betfair trading
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Hi Peter, many thanks for this, I'm experienced in using trailing stops in crypto exchanges, in fact I made a video about it myself! Question- can you use both a trailing stop AND normal stop? I often used both in conjunction when trading crypto, not sure if BA allows that, look forward to your response!
The stop loss works fine in pre race trading, however in running I would say its quite useless, im not having a go at bet angel or any other software, the problem is of course with befair themselves, betfair pride themselves on being different and one of the main differences is that you can bet in running, it is totally not right and an injustice that a stop loss position is not sometimes triggered even though the price has gone through that position, however put a lay bet on the ladder when the price has rocketed in and low and behold your price is matched but of course you lose your money, we follow your advice, place stop losses in to protect our bank yet we get clobbered for the full liability, yesterday this happened I should have lost £4 instead I lost £35, its wrong there is money on the ladder waiting to be laid yet the stop loss back bet doesnt get matched when you have placed an initial lay, there are lots of people who trade in running, this issue however outs us at an extreme disadvantage, if this was cleared up I was use your software all year round, Like I said its not your fault.