To Red Up in Sports Trading means Hedging all other remaining outcomes to lock in a guaranteed loss. The red is a reference to the colour shown when a sports trader's position is loss-making.
A sports trader might Red Up to minimise their potential loss. Although they sacrifice a possible profit, the loss might get worse if they do not Red Up a series of related positions. Contrast with Green Up.
The
Contributed by: Ralph Windsor
A sports trader might Red Up to minimise their potential loss. Although they sacrifice a possible profit, the loss might get worse if they do not Red Up a series of related positions. Contrast with Green Up.
The
Comments
There are currently no comments for this term.
Post a Comment
You must be registered and logged in to post a comment.