please like and comment on the video below that will allow me to produce
better quality videos and more of them in the future if you're interested in
learning to trade successfully in sports then why not visit the BET angel'
Academy where we have more detailed videos so we're going to do a really
simple trade here it's nothing complicated but we're going to do is
there's an advantage to using automation on semi automation we're going to use
global settings here to part all to make your trade and this this is a step on
the way to using something like a servant because a servant can do all
sorts of really clever things and the advantage of using this sort of thing is
that you can focus right on the trade itself you don't get distracted by what
your objective is when you're trading when you're trading you when I open it
trade close the trade probably repeat that process and then finally you want
to hedge your position and so there are a number ways doing that pretend you're
going to show you the simplest way here so that you can do that but also I'm
going to do something unusual in that I'm gonna deliberately take a trade in
play you think what he's gone mad well no this is actually a way of closing
your trade and not going in play but to do that I have to demonstrate actually
letting it go in play you will you will see more as we go through the video so
let's set up the trade to start with the first thing we need to do is set up the
global settings so normally it's set to none you would set it to off set bet and
what offsetting does is if I lay at 5.3 it will back at 5.4 if I back at 7 it
bet angel will lay at 6.8 and what it's doing is it's creating a one Tek trade
so whatever side you decide to click on in the first place it will offset that
and place that closing trade for you in a profitable position in the market
couldn't be simpler so offset bets we would set at the top of the screen I've
lost my mouse temporarily offset bet on the top of the global settings offset by
one tick we're just saying we're going to nip in and out for one tick profit
Phil okay I'll bet so I'm going to set 600 so 600 seconds is ten minutes that's
going to hold that position in the market for 10 minutes you'll see why in
a second an offset batches I'm going to do five so if I use a stake a 10 pound
which you can see I've got set up on the ladders here
using an offset batch of five means that it splits ten pound into five lots of
two now the advantage of that is it's saying rather than wait for the whole
ten pound to get matched just wait for two pound to get much and then offset
that so it's a much more efficient way of waiting for all of it to get matched
and then offsetting whatever that remainder is so it just splits it up and
makes it easier for you to do and we've got ODS display sets traverse the reason
that we've got it set to reverse as it means that we're backing at the Carll a
price laying at the current bag price we are offering positions to the market and
that means even if the odds don't move anywhere we will still profit that's the
big advantage when you reverse the odds display so we've set up the global
settings there we've set a stake of ten pounds and the last thing you need to do
to switch on the global settings is we have an icon here and you can see that's
got a red line through it at the moment so that's saying don't use global
settings so if you want to use it you have to click on it and to get rid of
that cross and that means we are now free to use the global settings instead
Lee we have a thing called a global settings editor so if you really want to
do some fancy stuff you can create your own custom global settings and invoke
them with a couple of clicks of your mouse it's very beneficial so let us
have a look at what's going on within this market and we'll make a judgment on
what we want to do it's a fairly competitive handicap you can see the
favourites on a slight drift here the second isn't third is coming in and
maybe four so in fact the favorite solid riff you can tell straight away the
favourites on a bit of a drift and if we want to exploit that if I press ENTER on
my keyboard what will happen is that centers the ladder and we can see how
all of the odds are interacting with each other in this particular market so
if I go in and place a lay bet on the favorite here what we're doing is we're
initially initially use it at weight initiating that's the word I was looking
for the first part of this particular position and then Bettinger will do the
rest for us so in fact I'm going to ignore the face because it's got a
little left for and can you see it stopped there and then it looks like
there's a little bit of money that's pulling it back in again I'm going to
look at the second favorite here and we'll put our position in the market
here so if click five point five I can take my
hands away and bet angel will put that position in the market you can see at
the bottom I've dragged up the bar at the bottom you can see it's a pending
full or kill bet so what that means as bet central holds it in the market until
the order is filled and then when the order starts to get filled it will
offset it in five batches of two so you can see here it's been matched fully at
five point five but it's angels going in and place the closing trade at five
point six and there you go there's the trade gone through there now that that's
happened we put we focused on getting the initial trade right pretend you'll
put the closing trade into the market we can go again so let's go again at five
point five you can see it's just breached for here so I'm gonna do one
over there let's go mad let's do two at the same time this is one of the
advantages of adopting this approach is that you can actually go in and you
don't have to worry about opening and closing positions that angel can do that
for you so you can see we didn't get our position matched
I've lost my mouse again we didn't get our position matched at five point five
but we've left it there so the markets gone up it's come down and it's touched
five point five again so we'll just leave that for the moment and see what
happens so it didn't match again so let's put that one and of it and close
that position below you can see the markets run up a little bit here and
it's heading towards sixes let's see what happens when it approaches sixes so
that order will still sit there and wait to get filled and as if we decide to
cancel it or you know maybe if we thought that maybe the price was going
to go up a little bit more then maybe we could do that I just saw a nought to
come in on on the favorite here at 4:00 so can you see what's happened at 4:00
drifted all the way out to four refuses to go any higher that's my reading of
what's going on on the favorite but you can see if we look at the second
favorite that was backed in quite a bit but now the drift is going back in the
other direction on there so that order is this somewhat adrift in this
particular market the market at this moment in time now you can see it gone
up in touch six come back down got matched and then it's flipped the order
back in the other direction so can you see by leaving the order in there
waiting for that position to get filled when the market came down fairly rapidly
we didn't panic we didn't like jump in what are we supposed to be doing better
and you'll just did all of that for us you can still see that we've got this
order set here at four points - what are we going to do with that hopefully
you'll see as we go through here so again another little spike down here if
I put an order in at five point five at the bottom can you see this is where the
money's traded within this market look at what's going on on the fourth
favorite price has been backed in fairly significantly so that's probably gonna
send the price out did you see what happened on second football we are
already got matched and it was taken out almost immediately on the other side
this is one of the advantages you focus on the trade and getting the trade right
and bet danger will do the rest of the process for you you can see the
favorites been receiving a bit of attention over here as well let's try it
gain at 5.5 you know it's gonna be interesting to see if we get matched on
that again there you go it took out the money at five point five there's a tiny
amount here we'll see if it goes up and gets matched if I point six ahead so
let's do it again let's see if we can tempt those people in to get matched at
five point five and it's going to go all the way up six now if we look at the
chart again we notice that got up there before and it just wouldn't go any
further and then it went back down so this little spike you see here is taking
it back towards sixes so this time it's broken it convincingly so I think that
with the favorite coming in a little bit and the fourth favorite coming in a
little bit that's pushing this out a little bit fun so I feel more
comfortable putting a position in it six here and we'll see if it gets taken or
if it gets pulled down a little bit further from there no I think it's on
its way now I think that it's broken that's that level an idiot probably
won't come back so now can you see we're in to the last minute or so of this
particular race that's really moving now let's try and squeeze another order in
on there that's going to probably get matched to seven I've left these orders
in here just in case it pings down and comes back to a lower level keeping an
eye on the money at six point eight star let's match thirty seconds in thirty
seconds you can see that money getting taken at
6.8 for us to reach 7c over here and see if this number starts to go up it is
four point five please ten seconds if we get four point five has a little bit so
we're now into this busy spell just before the race is about to start the
horses are circling around things are beginning to happen there and I'm gonna
cancel these orders because they no longer required but I'm gonna leave the
other orders open now the issue that you've got with that is if you left let
this go and play now all of these orders would leave you with
liability and play so I'm going to use a little trick here and that is that here
you can see it says that in play council if I click on take SP or what will
happen is we can leave these orders in the market for a little bit longer and
then as the race goes in play it will take these orders out at SP so that
means I can take my hands off at this moment in time and maybe the market will
just run up a little bit as we get closer to the offer and get us matched
on these positions so you can see we're sat around at 6.8 look they go so if we
have a look what's going is inside and the race can I see what's happened there
we had an open position on the favorite but because we turned it into a take SP
order that automatically got matched for us it got matched very very quickly
all that we need to do now is just click on this hedge button here so if I click
on this hedge button that will equalize the profit or loss that we have on this
particular trade across all of the runners within the market so okay you
know we traded the second favorite correctly I wasn't sure because the
second favorite was trading okay I wasn't sure if we'd have the opportunity
to take a position to SP and that's why I did the trade on the favorite they
said that we would have something to take SP otherwise would take me another
ten minutes to demonstrate this particular position I'm glad I did now
because you saw the other one got matched so in fact it was double bubble
because it showed you how you can get matched on a position within the market
very late on which is the idea of trading
in this particular manner and but you also saw the other position get taken to
SP so the advantage of using take SP in this manner is it guarantees that you
will exit your trade as the race gets underway you cannot take the bet in play
because it will exit at SP now if you want to do this automatically you can
set up automation to do this or the best thing to do is to use a servant and a
safety servant we actually have a safety seven on the forum that will do the take
SP order in a manner in which I've done manually here to every market so when
you're actively trading it guarantees that you get out at post time that you
would definitely not take that trade in play but hopefully what I've been able
to demonstrate to you on this video there's a number of different things the
first one is if you automate some or part of your trading by using global
settings servants or automation that allows you to focus individually on one
particular aspect to the market the opening of the trade getting that right
analyzing the market you don't have to worry about closing positions and stuff
like that because it can do it semi automatically for you but also and you
saw on the second favorite they're a little bit of flurry of activity just
before the off that's very common people have open positions people are
desperately trying to get out of their positions very often that fills you you
can squeeze a little bit more money out of the market or extra trades if you
hold your position very close to the off and then you saw on the favorite we
didn't get that order filled we sort of pretty much forgot about it but it
closed itself when the race actually went in play and then when that all that
we had to do was just hedge that position across the entire market all of
our trades that was the only action we had to perform in tray and we could do
that relatively safely so this works particularly well at low stakes not so
well at large stakes because espy is formed from all of the backers and all
of the layers in the market and if you're using large stakes you can
distort that the other thing that I would say that's important to point out
on this particular race it was a six furlong race so SP is more distorted at
shorter races because if the horse doesn't start the race refuses to race
or gets off to a good start the SP will resolve slightly higher or lower than
you would typically expect so there is a little bit of risk that you would take
in there and therefore it tends to work quite
on much longer races but anyhow several different aspects included within that
little video that we've done there but the most important one here is that if
you're afraid or don't want to go in play there's a method there for you to
ensure that your traders exited at the when the market actually gets turned in
play when it and you don't have to even worry about closing the position and
closes that position for you all that you need to do is just hedge
what your overall result is within the final market and it's a tactic that I
use quite often because it stops me from taking anything in play but also it
gives me longer in the market and I can't Road right up until the stores
open
you
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