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The Beginning: part 8 http://spreadbettingbeginner.com/Forum/viewtopic.php?f=7&t=17 |
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Author: | bigal60 [ Tue Nov 16, 2010 7:39 pm ] |
Post subject: | The Beginning: part 8 |
TUESDAY 16 NOVEMBER Well not a great day with the FTSE plummeting a massive 138.5 points and dragging most of my contracts down with it. Out of my whole portfolio, and amongst a swathe of red, just 5 shares managed to struggle into the green. Best performer today was IQE PLC which gained 1 point; worst performer was NAUTICAL PETROLEUM PLC which lost a hefty 15 points.... Amazingly only one contract stopped out: AVOCET MINING PLC (for a loss of £30) which started with such promise; however I do have one remaining contract for this share, so hopefully it will regain some ground tomorrow. Funds now stand at £850 which gives a loss of some £160 since yesterday. Having said that I'm still showing a profit of around £100 overall so could be a lot worse.... At this point I'm not unduly concerned; I've been doing this long enough to know that there will always be days like this; tomorrow may not be great but is unlikely to be as bad as today (he says with fingers crossed!). I've had bad days before and I'll have them again; it's all about staying in play until the inevitable upwards movement. See you soon, Big Al |
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