Bet Angel for newbies / Getting started : Betfair scalping for beginners

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Crazyskier
Posts: 436
Joined: Sat Feb 06, 2016 6:36 pm

Tue Apr 19, 2016 2:33 pm

marko236 wrote:
Me " look at that horse it's been trading within 3 ticks for a while plenty of money matched too looks a great chance for some scalping, great scalped this 4 times now and still looking good for more" :)

If the market could talk!

Market " well done 4 great trades done, i think i'l just move quickly 5 ticks from your postion, how do you like that sir?" :cry:
THIS

Mattlindsay
Posts: 67
Joined: Fri Jul 10, 2015 1:51 pm

Thu May 05, 2016 10:26 pm

See below..... Thank you!!! I'd never have found it. Do you want me to send the P&L for today as well? would that help.

Matt
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Dallas
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Joined: Sun Aug 09, 2015 10:57 pm
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Thu May 05, 2016 10:46 pm

Mattlindsay wrote:See below..... Thank you!!! I'd never have found it. Do you want me to send the P&L for today as well? would that help.

Matt
No I dont need that ill be able to see from the file whats wrong with it and let you know

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Dallas
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Fri May 06, 2016 8:08 pm

Here is the amended file with the changes requested

wozza
Posts: 4
Joined: Thu May 05, 2016 12:49 pm

Sat May 07, 2016 8:53 am

Hi Bud

Best advise I can give you is to think long term and be willing to put in the hours.
Stick to pratice mode learn from your mistakes, study/ watch the markets on the ladder interface and how they move and react. Look at what type of race it is i.e a novice/maiden will have bigger market swings than group 1. look at market liquidity (money mated overall)
that is a indicator as to how the prices will react. You need to go through so many markets to be able to put the puzzle together.

wozza
Posts: 4
Joined: Thu May 05, 2016 12:49 pm

Sat May 07, 2016 8:55 am

oh and remember we all have to start somewhere and you will be passing on your advise to someone one day.

wozza

wozza
Posts: 4
Joined: Thu May 05, 2016 12:49 pm

Sat May 07, 2016 8:59 am

I never go into a market with the thought I WILL SCALP THIS RACE, The markets will tell you weather it suits a swing = following a trend where you look to gain larger movements or ticks in the market once you have seen a pattern in the market OR A scalp = small gains i.e 1/2 tick movement in the market which you will normally find in the high liquidity markets.

Mattlindsay
Posts: 67
Joined: Fri Jul 10, 2015 1:51 pm

Mon May 09, 2016 11:35 pm

Cheers Dallas It's greatly appreciated.

Matt
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Mattlindsay
Posts: 67
Joined: Fri Jul 10, 2015 1:51 pm

Mon May 09, 2016 11:41 pm

After going mad for hours I think I may have found the issue the programme didn't have an in play in the condition which I have now added.

Would you mind checking everything else just to ensure I've not missed anything else.

Thanks again for your continued help.

I look forward to hearing from you.

Matt

Mattlindsay
Posts: 67
Joined: Fri Jul 10, 2015 1:51 pm

Tue May 10, 2016 5:09 pm

Hi Dallas,
I've now settled on the file below which lays a fav drifting in running then greens up 10 ticks higher.
There are two lay rules one for odds on favs and one for other favs, both have worked once so far today would you be kind enough to check the file and see if its correct as I have been watching it it has been very slow at placing the lay bets thus either not putting them in the market or they have been unmatched when placed. I completely understand with the nature of what I'm doing not every bet will be taken but can you show me a way or is there a way where more can be matched in running.
The file I sent you late last night I won't need now.
With this above would more trades be matched if it were done on a spreadsheet?

As every I look forward to hearing from you. Hopefully I will leave you alone when this is sorted!!!

Matt
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