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18 APRIL 2011
http://spreadbettingbeginner.com/Forum/viewtopic.php?f=7&t=226
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Author:  bigal60 [ Mon Apr 18, 2011 9:18 pm ]
Post subject:  18 APRIL 2011

Hi

well just when I thought it couldn't get any worse - it did!! I'm around £110 down today and my account funds have dwindled to £1340 (although I have taken another £100 out of my account to buy some more shares).

As you know I have £500/point on SOUND OIL, and unfortunately this share is not doing very well at the moment. Otherwise the rest of my portfolio is pretty dire as well; got to keep the faith, grit the teeth, and hope for an improvement over the coming weeks and months....

I haven't really got any spare trading funds so it's all or nothing; just got to sit back and wait now....

Here's keeping the fingers crossed!

Cheers, BIG AL

Author:  SB_Beginner [ Tue Apr 19, 2011 9:02 am ]
Post subject:  Re: 18 APRIL 2011

Welcome back BigAl. I hope you had a nice break away.

You're certainly a braver man than I am. £500 per point is a big stake. I hope it works out well for you.

Also are you using guaranteed stops on your positions. I've started a new forum topic on guaranteed stops to gauge how other people use them and see if they really are worth using. I'd be keen to hear your thoughts.

Author:  bigal60 [ Tue Apr 19, 2011 4:58 pm ]
Post subject:  Re: 18 APRIL 2011

Hi

had a great time in Bath thx...

Yeh £500/point is not ideal but it's just the way things worked out; I'm suffering at the moment but hope to be quids in if I can just hang on for a few weeks or so (without being stopped out!).

I would always recommend guaranteed stops if possible..!

Cheers, BIG AL

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