Wednesday, December 13, 2006

Spread Betting Update w/e 08/12/06

No new positions this week.

Adding a second "unit" to trade ref 10003 seems to have killed off its momentum somewhat but I am not overly worried.

Speculate to accumulate and all that!

Here are the results as at the close of trading on Friday the 8th December 2006:


Trade
Ref
£ per
Point
Long/ShortEntry
Price
Current
Price
Current
P/L
100013.00Long138.80156.6+53.40
100020.46Long737.80895.5+72.54
100031.35Long247.50272.0+33.07
100050.08Long4024.904368.0+27.44
100060.23Long1488.001428.8-13.61
100070.67Long475.60499.9+16.28
100080.15Long2255.62104.8-22.62
100091.00Long342.2375.6+33.40
100110.29Long1138.81188.0+14.26
100121.35Long286.8272.0-19.98


Current P/L = +£194.18

All these trades expire on or before the 19th December so I cannot see many new trades being placed before the New Year.

My plan is to do some research over the Christmas week (when all of these trades have closed) and pick a load of new shares, commodities and indices to look at in 2007.

Hopefully, fingers crossed, I will be in profit by next week!

Thanks for reading,

Ben

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