Author Topic: Collective Greenup  (Read 3113 times)

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Collective Greenup
« on: 10 Apr 2015, 13:12 »
I've added a new trigger example with a video demonstration:

Collective Greenup

The main steps are:

1. Towards the start of a race, pick the third, fourth and fifth favourites and remember their odds.

2.When their cumulative odds drop by a given percentage, Dutch-Lay them to a fixed liability. By the drop of cumulative odds I mean the change in their lay book%. E.g., if first they were priced 5.0, 7.8 and 12, then their book% was 100/5 + 100/7.8 + 100/12 = 41.15%. Now if all of them go down, or if at least some of those odds drop down enough to cover the raise of the other, then they will qualify for the Dutch. E.g. if the above prices changed to 4.8, 7.3, 16, the book% will be 40.78%, which means their cumulative odds decreased in spite of the growth of the third price.

3.Wait till there is an opportunity for a collective green-up. Such opportunity will occur when the sum of their potential tradeout P/L is positive.
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Re: Collective Greenup
« Reply #1 on: 10 Apr 2015, 15:23 »
Thank you Oxa.

It is something I will use in a slightly different matter. :)

Larp

UPDATE

I just watched the video. Great production values and top marks for the voiceover too!. Definitely "douze points" from the Ireland jury.

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Re: Collective Greenup
« Reply #2 on: 14 Apr 2015, 18:02 »
Thanks Larp, I was specifically worried about the voiceover. But then I thought - better my own accented voice than a computer generated "British" one.
Now you boosted my self-confidence a great deal! :)
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