Hi,
I'm new to the forum and still quite new to spread bets, my chosen method of exposure (I have been dabbling for a year or so on and off).
Here's my current history (starting with a £75 stake).
7/5/09 FTSE Daily, open 4442.4, close 4461.3, £2 per point, £37.80 profit
12/5/09 FTSE close >4435.5, open 45.7, close 59.3, £1 per point, £13.60 profit
12/5/09 FTSE close >4435.5, open 32, close 39.7, £1 per point, £7.70 profit
12/5/09 FTSE close > 4435.5, open 8.2, close 0, -£1 per point, £8.20 profit
Currently only bet when I'm in the office, my preferred bet is a FTSE to close as this limits my risk, handy if I get called out on site!
My biggest mistakes: Getting greedy/cocky and opening up a second position or trading more than once in a day (eg making a profit, then trying to double dip). Still doing it now! (hence 2 x positions today... trying to be greedy
)
As the title says, its for fun! would like to increase the stake size then apply some more logic, eg less capital at risk etc.
Background:
Mid 30's, self employed in IT, had an interest in the markets for years.
Cheers,
mjcp
I'm new to the forum and still quite new to spread bets, my chosen method of exposure (I have been dabbling for a year or so on and off).
Here's my current history (starting with a £75 stake).
7/5/09 FTSE Daily, open 4442.4, close 4461.3, £2 per point, £37.80 profit
12/5/09 FTSE close >4435.5, open 45.7, close 59.3, £1 per point, £13.60 profit
12/5/09 FTSE close >4435.5, open 32, close 39.7, £1 per point, £7.70 profit
12/5/09 FTSE close > 4435.5, open 8.2, close 0, -£1 per point, £8.20 profit
Currently only bet when I'm in the office, my preferred bet is a FTSE to close as this limits my risk, handy if I get called out on site!
My biggest mistakes: Getting greedy/cocky and opening up a second position or trading more than once in a day (eg making a profit, then trying to double dip). Still doing it now! (hence 2 x positions today... trying to be greedy
As the title says, its for fun! would like to increase the stake size then apply some more logic, eg less capital at risk etc.
Background:
Mid 30's, self employed in IT, had an interest in the markets for years.
Cheers,
mjcp
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