Okay - I've been trialling GT for a couple of weeks and have been impressed with it generally.
I'm not, however, impressed with the customer support - it seems that their advice is to ask any questions on this forum - a little disappointing but what can you say?
There are a couple of questions they seem either unable or unwilling to answer so maybe you guys on here can help!!
Please note that I have only used GT in training mode to this point as I'm new to trading and have much to learn if I am to avoid being eaten by the Betfair sharks!!
All these queries refer to horse racing (UK & Ireland).
1) What is actually happening if I decide not to 'hedge out' of my original trade and leave, for example, a matched lay bet to go in play.
I have assumed that I would have this lay bet placed in my Betfair account and should the horse get beaten I would have a winning bet.
Yes I know that this is trading software and that is not trading but I assume that as no counter trade has been placed at Betfair, I would have a winning bet.
If I allow this to happen in training mode, it seems to assume that the horse has won and I lose my lay liability.
Surely this can't be right, can it?!
Can GT differentiate this sort of bet which is totally dependant on the race result?
2) If I use the stop loss function and a bet is matched (pre race), how, if I decide to do so, can I remove the stop loss bet before the race starts in order to apply a manual stop loss if required - is this possible - if so how do I remove it?
I would be really grateful for any assistance with this and please feel free to give any general advice that you think might help a GT rookie!
Thanks for reading my post - I hope to hear from you soon!
Regards ColonelMustard
I'm not, however, impressed with the customer support - it seems that their advice is to ask any questions on this forum - a little disappointing but what can you say?
There are a couple of questions they seem either unable or unwilling to answer so maybe you guys on here can help!!
Please note that I have only used GT in training mode to this point as I'm new to trading and have much to learn if I am to avoid being eaten by the Betfair sharks!!
All these queries refer to horse racing (UK & Ireland).
1) What is actually happening if I decide not to 'hedge out' of my original trade and leave, for example, a matched lay bet to go in play.
I have assumed that I would have this lay bet placed in my Betfair account and should the horse get beaten I would have a winning bet.
Yes I know that this is trading software and that is not trading but I assume that as no counter trade has been placed at Betfair, I would have a winning bet.
If I allow this to happen in training mode, it seems to assume that the horse has won and I lose my lay liability.
Surely this can't be right, can it?!
Can GT differentiate this sort of bet which is totally dependant on the race result?
2) If I use the stop loss function and a bet is matched (pre race), how, if I decide to do so, can I remove the stop loss bet before the race starts in order to apply a manual stop loss if required - is this possible - if so how do I remove it?
I would be really grateful for any assistance with this and please feel free to give any general advice that you think might help a GT rookie!
Thanks for reading my post - I hope to hear from you soon!
Regards ColonelMustard
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