Author Topic: Assess profit or loss before market has been settled  (Read 3069 times)

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I run MFP through the days horse racing with the intention for it to stop betting when a preset level of profit or loss has been achieved. This works quite well in the summer, but in the winter there are often long delays in settling a market and with the races being so long they can overlap. So the next race can start before the previous one has been settled.

What trigger could I use to determine profit or loss based on the race result as soon as a horse has won. I know that there would be a risk of the result being changed before weighing-in but that doesn't happen very often. I would like to avoid waiting for the race to be settled.

  • Tim Vetrov
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Re: Assess profit or loss before market has been settled
« Reply #1 on: 17 Jan 2014, 10:37 »
Something like
Action: set user variable
Name: ploss
Value: profit_loss
Conditions: Selection's Profit/Loss is the minimum
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Re: Assess profit or loss before market has been settled
« Reply #2 on: 17 Jan 2014, 12:01 »
Something like
Action: set user variable
Name: ploss
Value: profit_loss
Conditions: Selection's Profit/Loss is the minimum

Sounds simple enough but how does this trigger know the profit or loss before the race is settled?

  • Tim Vetrov
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Re: Assess profit or loss before market has been settled
« Reply #3 on: 17 Jan 2014, 12:20 »
It's a potential loss (the maximum you can lose).
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Re: Assess profit or loss before market has been settled
« Reply #4 on: 17 Jan 2014, 12:37 »
It's a potential loss (the maximum you can lose).

Hmm... Not really what I want to use.

Might have to do something that takes a chance on the first to hit 1.01. It'll be right 99% or more of the time  ;)

  • Tim Vetrov
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Re: Assess profit or loss before market has been settled
« Reply #5 on: 17 Jan 2014, 13:17 »
Try to set the test mode to settle the market based on the last price or use "settle market" trigger action when you need it to be settled. Unfortunately test mode only.
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Re: Assess profit or loss before market has been settled
« Reply #6 on: 17 Jan 2014, 14:03 »
Hi,

You could take a look at these recent topics, somewhat similar I believe.


"Are blocks totally independent ?"

and

TRACKING A TRIGGERED BET

larp


 

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