trying to find a close trade condition
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
Which part are you having difficulty with, the initial lay or the stop ?
the stop. getting it to back bet when the odds (of the back bet) get to 50 percent of the lay bet. my initial lay bet stakes will always be $1. if I put a close trade profit w/ greening < -$1 would that be the same? because say for ex. I lay $1 @10 , then the back odds drop to 5.0 and I put $2 on that it would give me a loss of my original $1, so I wouldn't have to worry about the whole liability. I think I'm overthinking it and getting myself more confused. simple version if my lay stake is $1, I only want to lose that $1 not the whole $10 if the horse would go on to win.
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
If you use the same initial stake then i think the best way would be to have a green up condition as you suggest.
There's no way to have a condition that relates to percentage of the SP or a percentage of your net price (breakeven price), which is a shame.
There's no way to have a condition that relates to percentage of the SP or a percentage of your net price (breakeven price), which is a shame.