Staking
In this summary, we cover the Staking Plan options for your trading strategy.
๐ Staking Plan Options:
- Fixed Amount: You can choose to stake the same amount on every trade. This is a straightforward approach where you set a single currency amount, and it remains consistent for each bet.
- Percentage of Bank: Alternatively, you can stake a percentage of your current bank balance. The software will adjust your stake after each trade based on whether you won or lost, allowing for compounding effects. This option can lead to substantial stake amounts if your bank grows, so use it with caution.
โ๏ธ Stake Type:
- Stake: This is the actual amount you want to bet on each trade.
- Liability: If you’re laying bets, you can set a liability amount instead of a stake. The software will calculate the required stake to match the liability youโve set.
๐ Dynamic Distribution:
- You can set up different stakes for different price ranges by selecting Dynamic distribution. This allows you to configure multiple price ranges and assign specific stake values to each. The stakes can be entered as fixed amounts or as percentages of your bank, depending on your overall staking plan.
Key Concept:
- Staking Plans allow you to control how much you bet on each trade, with options for fixed stakes or stakes that adapt based on your current bank balance. The Dynamic Distribution feature offers advanced control, letting you fine-tune your stakes based on the odds of each bet.