Friday, April 24, 2009

Tick...Tick...Tick... BANG!!

Well I did my usual again yesterday - making a tick or two here and there then BOOM! One trade on Aleatrics in the 16:00 at Beverley saw me lose 9 ticks!! This is a pattern which clearly has to stop. One bad trade should not regularly be allowed to wipe out all, or a significant chunk, of the winning trades executed that day. I read up on the stop loss functionality within BetTrader Pro, though I am not sure how much use it would be in the situations I have experienced. I could easily see the trigger price being reached, the order executed and by the time it hit the market it would be sitting there on it's own, outside of the current price action. I will also be looking to see what options Bet Angel Pro offers.

I have to say I am disappointed in the charting within BetTrader Pro. I feel the scaling is all wrong, and as a consequence you don't see much of a change when the price is changing, even during a significant upward or downward trending move. Bet Angel Pro looks much more powerful in this area.

Today I again experienced something I have experienced several times in the past when using the Betfair website (so I know it's nothing to do with BetTrader Pro). Take a look at this screen grab...


On a single scratch trade I somehow ended up with 1 cent profit. The only thing I can think of is the effect of rounding during the conversion from Canadian dollars to the "base" currency of British Pounds, then back again.

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