By theglove01 - Thu Feb 25, 2021 12:10 pm
- Thu Feb 25, 2021 12:10 pm
#23977
Hi. Just had my account activated and looking for a bit of advice on the finishing touches to my strat and the hedging aspect in particular.
I'm drip backing my stake into an overs market and I've setup 4 bots to drip in 25% stake at set odds. I tested it yesterday and what I've got so far in it's basic form seems to work and bets were entered into the market so I'm happy how that's performing.
The next part for me is the hedging element which I'm not sure on.
This is my working strat theory
bet 1 - 25% stake - X price
bet 2 - 25% stake - 25 ticks above bet 1 price
bet 2 - 25% stake - 25 ticks above bet 2 price
bet 3 - 25% stake - 25 ticks above bet 3 price = full position matched
Hedge rules
If bet 1 or bet 1 & 2 matched and a goal is scored cancel unmatched bets and leave trade to run. If no further goals scored hedge on 50% loss
If bet 3 or bet 3 & 4 matched then a goal is scored hedge. If no goal by 75 mins then hedge.
Just struggling wrapping my head around the rules to use.
I'm drip backing my stake into an overs market and I've setup 4 bots to drip in 25% stake at set odds. I tested it yesterday and what I've got so far in it's basic form seems to work and bets were entered into the market so I'm happy how that's performing.
The next part for me is the hedging element which I'm not sure on.
This is my working strat theory
bet 1 - 25% stake - X price
bet 2 - 25% stake - 25 ticks above bet 1 price
bet 2 - 25% stake - 25 ticks above bet 2 price
bet 3 - 25% stake - 25 ticks above bet 3 price = full position matched
Hedge rules
If bet 1 or bet 1 & 2 matched and a goal is scored cancel unmatched bets and leave trade to run. If no further goals scored hedge on 50% loss
If bet 3 or bet 3 & 4 matched then a goal is scored hedge. If no goal by 75 mins then hedge.
Just struggling wrapping my head around the rules to use.