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5 APRIL 2011
http://spreadbettingbeginner.com/Forum/viewtopic.php?f=7&t=204
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Author:  bigal60 [ Tue Apr 05, 2011 8:08 pm ]
Post subject:  5 APRIL 2011

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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