Basic Trading

[easternpromise]

Hi All,

Im pretty new to trading.

How do i set up Bet Assist to Lay the favourite, but if it looks like its going to win, cover the lost bet ?

Thanks

[Steve Voltage]

Hi All,

Im pretty new to trading.

How do i set up Bet Assist to Lay the favourite, but if it looks like its going to win, cover the lost bet ?

Thanks

Million dollar question that my friend, wish i knew.

[GaryRussell]

Please read about "stop loss" in the user guide under "betting options". You can view the user guide from the help menu or here http://www.gruss-software.co.uk/Betting ... p/help.htm

I have to warn you though stop loss is not particularly effective in running. The price often moves very quickly so that when the stop loss back bet has been placed it often does not get matched because the price continues to go down. You end up stopping the loss (and therefore your profit also) on the losers and not getting the stop loss matched on the winners. I think this is probably what Arnold is referring to.