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| The Journey Continues Part 20 http://spreadbettingbeginner.com/Forum/viewtopic.php?f=7&t=108 |
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| Author: | bigal60 [ Fri Feb 04, 2011 7:05 pm ] |
| Post subject: | The Journey Continues Part 20 |
Hi well a reasonable finish for the FTSE at just short of 6000; my portfolio also fared well today with more green than blue... There were no really outstanding performers but most of my shares had a steady increase and this has made up for the lacklustre performance over the last week. Best of the bunch was CAZA OIL AND GAS (up 3.25 points), KENMARE RESOURCES PLC (up 2.35 points), PETRA DIAMONDS and NAUTICAL PETROLEUM (both up a respectable 2 points); several others were comfortably in the green. No stop outs (phew!) and no new trades today. My policy/strategy of pyramiding seems to be slowly paying off and I will continue in this vein with the odd 'new' share now and again. At least 8 or 9 of my positions are now 'pyramids'. For example..... DOMINION PETROLEUM LTD x 3 contracts IQE PLC x 6 contracts KENMARE RESOURCES PLC x 5 contracts PETRA DIAMONDS LTD x 9 contracts TT ELECTRONICS PLC x 7 contracts VICTORIA OIL AND GAS PLC x 5 contracts Anyway account funds £2210 (almost my highest I think), giving a current profit of around £1400 since starting in April 2010. See you next week... Big Al |
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