Author Topic: How do I spead my loss in this situation!?!?  (Read 1129 times)

Tags:
  • All members
  • Posts: 347
How do I spead my loss in this situation!?!?
« on: 12 Sep 2019, 10:38 »
See attached...

How on earth do I get myself out of this situation...

Manually trading two horses...

One went OK.. one went bad... overall loss

But how do I DISTRIBUTE the loss between all selections...?

I have got tradeout and dl and gu triggers all over the place but none of them are doing anything to help spread the loss/profit!

  • All members
  • Posts: 347
Re: How do I spead my loss in this situation!?!?
« Reply #1 on: 12 Sep 2019, 10:43 »
With 'other' software, I'm pretty sure if you pressed that -1.79 in the top left hand corner it would actually hedge everything and that's what you would get across the field... but not with marketfeeder... why?

  • All members
  • Posts: 347
Re: How do I spead my loss in this situation!?!?
« Reply #2 on: 12 Sep 2019, 10:54 »
lol thin I have answered my own question..!

"Spread Loss" action for any one else wondering... Funny that!

  • All members
  • Posts: 347
Re: How do I spead my loss in this situation!?!?
« Reply #3 on: 12 Sep 2019, 10:58 »
But.. not quite doing what I think it should....

Why?


  • All members
  • Posts: 347
Re: How do I spead my loss in this situation!?!?
« Reply #4 on: 12 Sep 2019, 14:14 »
I've tried every possible combination of DL GU Spread loss trade out i can think of during the last couple of hours...! I give up ... pls help lol

  • All members
  • Posts: 347
Re: How do I spead my loss in this situation!?!?
« Reply #5 on: 12 Sep 2019, 15:14 »
Seems that running several random passes of distribute profit, spread loss, distribute loss etc etc over and over and over again might eventually get us to all runners having the same profit / loss... but I'm sure its not the right answer!

  • Moderator
  • Posts: 3605
*
Re: How do I spead my loss in this situation!?!?
« Reply #6 on: 13 Sep 2019, 08:49 »
Hi liltbrockie
Spread loss action zeros the loss on the traded selection with a much higher liability on all other selections.

There are various examples of multiple / collective green up triggers in the green up triggers section. But similar to your screenshot I often trade flat amounts and want to hedge profit or loss just before the off. I use a couple of simple "manual" triggers which give me more control when hedging. Have a look at these and see if they do what you want:

PROFIT HEDGE
LAY
price: lay_price
amount: profit_loss/lay_price
all matching selections
conditions:
markets minutes before the off is less than 0.25
and selections profit/loss is greater than 0.04
and selections back matched is greater than 0
and selections lay matched is greater than 0
and selections back unmatched is equal to 0
and selections lay unmatched is equal to 0

LOSS HEDGE
BACK
price: back_price
amount: ABS(profit_loss)/back_price
all matching selections
conditions:
markets minutes before the off is less than 0.25
and selections profit/loss is less than -0.04
and selections back matched is greater than 0
and selections lay matched is greater than 0
and selections back unmatched is equal to 0
and selections lay unmatched is equal to 0

 
Please read the following disclaimer with regards to the information you may request and obtain on our forum. This specifically concerns trigger files and various instructions as to how to implement a strategy.

  • All members
  • Posts: 347
Re: How do I spead my loss in this situation!?!?
« Reply #7 on: 13 Sep 2019, 09:09 »
Thanks Mark I will check these out.

 

Please note, BetFair is seems to be currently OFFLINE