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The Journey Continues Part 24
http://spreadbettingbeginner.com/Forum/viewtopic.php?f=7&t=116
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Author:  bigal60 [ Thu Feb 10, 2011 9:40 pm ]
Post subject:  The Journey Continues Part 24

Hi

despite another fall in the FTSE today, and another mass of red in my portfolio, I'm up over £200, and it's down to just one position...

RANGE RESOURCES LTD in which I now have 6 x contracts. I've set another contract to execute tomorrow providing it maintains its upward momentum, which I think it will. My total bet on this is now £88/point so it's a bit nerve-racking; if the 7th position kicks in I will be holding over £100/point. So far I am around £550 in profit on this position and I am desperate to raise the stops. Unfortunately this can only be done when the markets are open and I have to leave for work just before 8am in the morning. Ah well it will have to wait until Monday...

No stop outs today. Account funds £2575 which is an all time high since starting and current profit around £1750. My luck is holding out for the moment but I'm starting to feel edgy again. Cheers, Big Al

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