BF Bot: More Ways For Automated Trading

If you are looking at ways of automating trading then BF Bot Manager is well be worth a look.

This bot allows you to back and lay favourites automatically and has a comprehensive range of tools for allowing you to do so.

One neat feature is the staking plan grid.  This allows you to place a series of bets, the amount of stake being guided by whether each bet wins or loses.

For example, Bot places the first Back bet, if that bet wins then the stake on next bet is increased by an amount the user specifies.  If second bet wins then stake on third bet is increased for profit from first and second bet. If the bet loses then bot restarts with initial stake. If the number of winning bets in a row reaches “Reset limit” then bot restarts with initial stake.

However, this is just one of a series of staking plans.  It’s worth exploring which plan is suitable for your own trading, but make sure you only place small amounts until you are happy with the system.

One plan I particularly liked the sound of was named after a user, Maria, who apparently made a profit of £97,000+ in less than a year using it!

I am not sure whether the user was female or this was a code, but if so it would have been a refreshing change in this largely male dominated world of trading!

The starting bank was £3000 and it was based on a % of betting bank system.   The difference was that the stake was adjusted with price as follows:

• If price was below 3.5 then 1% of betting bank

• If price was from 3.5 to 7.4 then 0.6% of betting bank

• If price is from 7.5 to 11 then 0.4% of betting bank

If the trades are successful, the amounts are increased.  Otherwise the stakes remain the same unless the betting bank is reduced by 35 % the amounts are decreased.

It’s not exactly a simple system, but if it works then you would not care – and of course this is exactly the benefit of using software to automate the process.  This can be a useful way of building up your betting back, though fairly obviously it will only work if you place winning trades.

Of course, as you would expect, there many ways offered to control your liability on stakes.  For example, you can set a percentage liability (of your betting bank) or you can place a limit on the liability.

Click here to find out more about the BF Bot Manager