Spread Betting Results from 19/12/06

Altogether on Tuesday the 19th of December I had 10 trades expire.

Of the 10 there were 7 winners and 3 losers which is a very good result for my first "lot" of trades in this new spread betting experiment.

I was able to roll-over 6 positions, which included trade refs 10001, 10002, 10003, 10007, 10009 and 10012.

In total, these 6 trades made a profit of £228.38. I won't be revealing which equities I was betting on as I have rolled over these positions and don't wish to look like I am tipping any particular shares. Knowing my luck, I'd end up getting sued...

The other 4 trades were as follows:

Ref 10005 - Up bet on McDonalds. Bought £0.08 at 4024.9 - expired at 4395.5 for a profit of £29.65. I wanted to roll this over but couldn't meet the minimum bet size with the risk I was willing to take...

Ref 10006 - Up bet on Severn Trent. Bought £0.23 at 1488.0 - expired at 1454.0 for a loss of £7.82.

Ref 10008 - Up bet on Caledonia Invest. Bought £0.15 at 2255.6 - expired at 2077.3 for a loss of £26.75.

Ref 10011 - Up bet on Punch Taverns. Bought £0.29 at 1138.8 - expired at 1283.0 for a profit of £41.82. Again, I wanted to roll this position over but I wasn't allowed to as I didn't reach the minimum bet size of £0.50 per point.

I now have 5 open positions which will be reported weekly as per usual.

On all my closed trades I am currently up 8.44% on my starting capital since the 8th October 2006