Hi
Trade out will execute if there is a profit or loss on a selection that can actually be hedged. e.g. prices are offered in the market, or your initial bet amount can be hedged without going below betfair minimum
The logic of the conditions seems ok. You can test the conditions in test mode by changing the action from trade out, to any other action that will do something which is non-dependent on hedging requirements. e.g. back or write to action log. If the trigger executes then your conditions are good.
In the settings, if you turn on log trigger expressions, all the maths is visible which can help a lot. Best turn it off when you are finished as logging trigger expressions is resource hungry.