Hi.
May be it a stupid question.
But I don t anderstand the difference about the offset and stop and offset and trailing stop..
Thanck you.
Offset and stop or offset and trailing stop
A stop is placed at a number of ticks away from your opening bet, where as a trailing stop moves each time the price moves in your favour by 1 tick, hence a trailing stop
So using a 5 tick trailing stop you back at 5.0 the stop is initially placed at 5.5 if the odds then shorten to 4.9 the stop shortens to 5.4
If the price continues to shorten to 4.2 the stop will also come down to 4.7
If your swing/trend trading its a good way to ensure a profit is locked in once a price has begun to move in your favour
So using a 5 tick trailing stop you back at 5.0 the stop is initially placed at 5.5 if the odds then shorten to 4.9 the stop shortens to 5.4
If the price continues to shorten to 4.2 the stop will also come down to 4.7
If your swing/trend trading its a good way to ensure a profit is locked in once a price has begun to move in your favour
Firstly the number of your "stop trigger" ticks used should be equal to or less than the number you use for "place at"
This thread explains that part in full detail
viewtopic.php?f=47&t=11746
For the trailing stop part if you look at the the two unmatched bets you have on the far right you will see it says "auto close at 2.46 placing at 2.36"
The current odds are 2.24, if those odds shorten to 2.20 (come down by 2 ticks) then your stop will also move down 2 ticks so it will say
"auto close at 2.42 placing at 2.32"
Here is a link to a video demonstrating the trailing stop and also touches on using the "Stop trigger" and "place at"
https://www.youtube.com/watch?v=U-p1-jhZwPY
This thread explains that part in full detail
viewtopic.php?f=47&t=11746
For the trailing stop part if you look at the the two unmatched bets you have on the far right you will see it says "auto close at 2.46 placing at 2.36"
The current odds are 2.24, if those odds shorten to 2.20 (come down by 2 ticks) then your stop will also move down 2 ticks so it will say
"auto close at 2.42 placing at 2.32"
Here is a link to a video demonstrating the trailing stop and also touches on using the "Stop trigger" and "place at"
https://www.youtube.com/watch?v=U-p1-jhZwPY
Yes thats right, the video link at the bottom of my last post is the one about using trailing stops, (the videos within the other link are about using the stop loss on its own and only relates to what i was saying about using "Trigger Stop" & "Place at")
PS, These are not my videos they are done by Peter, im just showing you where to find them
PS, These are not my videos they are done by Peter, im just showing you where to find them
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fredyboy67
- Posts: 2
- Joined: Sat Dec 23, 2017 9:35 pm
Hi Guys, i've really some difficulties to set the "offset bet with trailing stop" which really annoy me because a believe it's a very usefull tool. I've been watching the videos about it use the same settings for some reason it doesn't work the same way for me at all, the stops and odds doesn't make sense at all so really don't know what i'm doing wrong it's so confusing!! i would really appreciate any links to videos or any other help about those settings.
Thanks
Thanks
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ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
A stop is nailed down, a trailing stop is attached to the end of a piece of string. It can be pulled along but not pushed away.
(should be interesting to see what Google translate makes of that)