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The Journey Continues Part 35
http://spreadbettingbeginner.com/Forum/viewtopic.php?f=7&t=153
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Author:  bigal60 [ Wed Mar 02, 2011 7:20 pm ]
Post subject:  The Journey Continues Part 35

Hi

too stressed and tired to post last night...

Well, things are looking up a bit despite a very mediocre day on the markets; my portfolio gained almost £300 today and, I think, about £70 yesterday and, once again, all down to one single contract: RANGE RESOURCES LTD. Most of my positions are currently in stagnation mode so I've decided to 'go for broke' on this very promising company.

At present I have an amazing 10 x contracts with RRL amounting to over £100/point! Even better - all of these positions are currently in profit. I'm desperate to raise some stops but it's not possible this week because of work. As of today I have just over £900 profit on this one share; otherwise account funds £2400, so much healthier than this time last week...

As I say the rest of my portfolio is mostly red today so it just shows how one position can make all the difference - of course, it could just a easily go the other way!!!

BIG AL

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