Stop Losses with Offsets

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Stop Losses with Offsets

Postby bates32 » Tue Mar 18, 2014 9:27 pm

Hi. Today I attempted a new horse racing strategy. It was to back horses in-running, my back bets having both an offset and a stop loss.

Example: Back @ 1.7 with an offset @ 1.4 and a stop loss @ 2.3.

However during my day's trading there were 3 occasions where both my stop loss and my offset were matched. As you can imagine, that left me with a big losing position on a horse I fancied!

The help guide to Gruss claims that once a stop loss or an offset has been matched, the other will be automatically cancelled. Can you shed some light on why this happened? Whether I may be doing something wrong?

The markets, especially at end the end of a race are always volatile and weak, could it be the software is too slow to react in such conditions?

Thanks.
bates32
 
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The strength of Gruss Software is that it’s been designed by one of you, a frustrated sports punter, and then developed by listening to dozens of like-minded enthusiasts.

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Gary built his own software and then enhanced its features after trialling it through other Betfair users and reacting to their improvement ideas, something that still happens today.

He started making a small monthly charge so he could work on it full-time and then recruited Mark to help develop the products and Gruss Software was born.

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