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 Post subject: 5 APRIL 2011
 Post Posted: Tue Apr 05, 2011 8:08 pm 
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Joined: Sat Nov 06, 2010 4:24 pm
Posts: 176
Location: Derby
Hi

well a reasonable day with the portfolio gaining £170.

No stop outs but I had another SOUND OIL execute at £50/point; I now have 10 x contracts in this share totalling £445/point!! This is a risky strategy I know, but it wasn't really planned. I am trying to diversify but there's nothing that's really promising at the moment. I would like to add to my 2 x contracts in RANGE RESOURCES but I need to see them rise somewhat before I commit more funds.

Anyway, as you know, I withdrew £500 the other day and purchased around 7500 shares in SOUND OIL; so far this is looking good as I'm already 10% up. I think my future strategy will be to withdraw funds when possible and buy further 'real' shares alongside the spread betting.

That's it for today, BIG AL

PS Account funds £1945


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