New Posts For Thread: Getting out of a red positionhttps://community.betfair.com/tennis/go/thread/view/94186/28920507/getting-out-of-a-red-positionIn general do the professional traders try at the end of a match to lump on the favourite -say trading at 1.1-to get rid of any red position they may have or do they accept the loss?Have you any experience of this?Do they double/treble their stakes eI just lump on and then crap my pants when it goes títs up.https://community.betfair.com/tennis/go/thread/view/94186/28920507/getting-out-of-a-red-position?post_id=516373569#516373569I just lump on and then crap my pants when it goes títs up.Wed, 15 Feb 2012 05:49:24 -0600What about one hit wonders? The BIG 1.02 lay many dream about at nighthttps://community.betfair.com/tennis/go/thread/view/94186/28920507/getting-out-of-a-red-position?post_id=516372839#516372839What about one hit wonders? The BIG 1.02 lay many dream about at nightWed, 15 Feb 2012 05:23:01 -0600good thinking laytonhttps://community.betfair.com/tennis/go/thread/view/94186/28920507/getting-out-of-a-red-position?post_id=516372649#516372649good thinking laytonWed, 15 Feb 2012 05:13:12 -0600Damage control. Bail out of a market when you hit +/- 25% red of your original stake and forget about the match.Being rational and well disciplined with your decisions is key to long term profit. On a final note - Never get too greedy.Green = green =https://community.betfair.com/tennis/go/thread/view/94186/28920507/getting-out-of-a-red-position?post_id=516372457#516372457Damage control. Bail out of a market when you hit +/- 25% red of your original stake and forget about the match.Being rational and well disciplined with your decisions is key to long term profit. On a final note - Never get too greedy.Green = green =Wed, 15 Feb 2012 05:03:41 -0600patience is great virtue...both in life and bettinghttps://community.betfair.com/tennis/go/thread/view/94186/28920507/getting-out-of-a-red-position?post_id=516372407#516372407patience is great virtue...both in life and bettingWed, 15 Feb 2012 05:01:05 -0600Chasing is nice when it works, though. Sometimes nicer than if you hadnt had to chase to start with.https://community.betfair.com/tennis/go/thread/view/94186/28920507/getting-out-of-a-red-position?post_id=516372189#516372189Chasing is nice when it works, though. Sometimes nicer than if you hadnt had to chase to start with.Wed, 15 Feb 2012 04:48:43 -0600no problem mate :)https://community.betfair.com/tennis/go/thread/view/94186/28920507/getting-out-of-a-red-position?post_id=516372165#516372165no problem mate :)Wed, 15 Feb 2012 04:46:50 -0600Thanks guys-is what I thought-hey some intelligent answers from intelligent people much appreciatedhttps://community.betfair.com/tennis/go/thread/view/94186/28920507/getting-out-of-a-red-position?post_id=516372109#516372109Thanks guys-is what I thought-hey some intelligent answers from intelligent people much appreciatedWed, 15 Feb 2012 04:42:41 -0600i also make sure that if i red up twice in a match, i don't panic....its only like redding up twice in two matches - just have to keep trading as long as your confident in your methods, you have to take losses on the chin. Nobody wins 100% of the timhttps://community.betfair.com/tennis/go/thread/view/94186/28920507/getting-out-of-a-red-position?post_id=516372069#516372069i also make sure that if i red up twice in a match, i don't panic....its only like redding up twice in two matches - just have to keep trading as long as your confident in your methods, you have to take losses on the chin. Nobody wins 100% of the timWed, 15 Feb 2012 04:40:11 -0600I'm no professional trader by a long shot....what i do is, when i place my opening bet, i make a decision both red and green how much i'm going to exit the trade at, and the majority of the time - i'll place that bet and just wait to see which gets mhttps://community.betfair.com/tennis/go/thread/view/94186/28920507/getting-out-of-a-red-position?post_id=516372049#516372049I'm no professional trader by a long shot....what i do is, when i place my opening bet, i make a decision both red and green how much i'm going to exit the trade at, and the majority of the time - i'll place that bet and just wait to see which gets mWed, 15 Feb 2012 04:38:52 -0600