Spread Betting Update w/e 16/02/07
It's exactly one month since my last spread betting update so I thought I should pop back in here and let you know how I am getting on.
It isn't the most riveting thing to read about when each week I am coming in and basically saying "no new trades this week although one or two did move more into profit" etc
So, letting a month go by has allowed me to make some significant changes to my "spread betting portfolio".
OK, the following table shows the position of my trades after w/e 26th January 2007:
So, P/L Status as of 26/01/07 = +£26.97
Trade reference 10018 was opened on the 15th January.
And the trades look as follows as of close of play today (16th February 2007):
So, P/L Status as of 16/02/07 = +£176.91
There are a few new trades there which have been opened over the past two weeks including 2 short positions. Both of these, of course, moved higher as soon as I decided to short them!
Trade reference 10025 is an addition of £1.35 per point to 10013 because the share moved so high that I decided to add more money to it.
Trade reference 10024 opened and closed on the same day at the same price (still not sure how it happened) so I had to wait to open it again and it became trade reference 10027.
Thanks for reading,
Ben
It isn't the most riveting thing to read about when each week I am coming in and basically saying "no new trades this week although one or two did move more into profit" etc
So, letting a month go by has allowed me to make some significant changes to my "spread betting portfolio".
OK, the following table shows the position of my trades after w/e 26th January 2007:
Trade Ref | £ per Point | Long/Short | Entry Price | Current Price | Current P/L |
10013 | 2.70 | Long | 286.1 | 310.9 | +66.96 |
10014 | 3.00 | Long | 161.2 | 157.3 | -11.70 |
10015 | 0.67 | Long | 541.2 | 561.4 | +13.53 |
10016 | 1.00 | Long | 393.7 | 367.2 | -26.50 |
10017 | 0.50 | Long | 875.8 | 872.8 | -1.50 |
10018 | 1.28 | Long | 260.6 | 249.8 | -13.82 |
So, P/L Status as of 26/01/07 = +£26.97
Trade reference 10018 was opened on the 15th January.
And the trades look as follows as of close of play today (16th February 2007):
Trade Ref | £ per Point | Long/Short | Entry Price | Current Price | Current P/L |
10013 | 4.05 | Long | 301.7 | 329.3 | +111.64 |
10014 | 3.00 | Long | 161.2 | 165.5 | +12.90 |
10015 | 0.67 | Long | 541.2 | 603.0 | +41.40 |
10016 | 1.00 | Long | 393.7 | 378.7 | -15.00 |
10017 | 0.50 | Long | 875.8 | 943.4 | +33.80 |
10018 | 1.28 | Long | 260.6 | 261.9 | +1.66 |
10019 | 1.64 | Short | 164.0 | 164.4 | -0.65 |
10020 | 0.50 | Long | 664.5 | 695.2 | 15.35 |
10021 | 1.09 | Long | 305.0 | 303.0 | -2.18 |
10022 | 0.64 | Long | 515.0 | 505.8 | -5.88 |
10023 | 1.04 | Long | 325.00 | 318.80 | -6.44 |
10026 | 0.85 | Short | 389.6 | 402.4 | -10.88 |
10027 | 0.75 | Long | 444.0 | 445.6 | +1.20 |
So, P/L Status as of 16/02/07 = +£176.91
There are a few new trades there which have been opened over the past two weeks including 2 short positions. Both of these, of course, moved higher as soon as I decided to short them!
Trade reference 10025 is an addition of £1.35 per point to 10013 because the share moved so high that I decided to add more money to it.
Trade reference 10024 opened and closed on the same day at the same price (still not sure how it happened) so I had to wait to open it again and it became trade reference 10027.
Thanks for reading,
Ben