Well it’s been a fairly quite day for the markets today. The FTSE finished the day almost flat. I wish I could say the same for my positions. My biggest loser today was Persimmon. I thought it was going to stop out. It came tantalisingly close. My stop is set at 336, the current bid price is 338. Will it stop out tomorrow? Hopefully not but if it does it does. I just hope I don’t suffer too much slippage if it does. Hopefully the buyers will come to market and shoot the price up at the open. Maybe I should start a Persimmon take over rumour. Hey it almost worked before.


My star performer today was Northern foods up around another point or so. I should be moving my stop on that position again this evening. If I can continue locking in profit 1point at a time I’ll be a happy bunny.


You may recall I said yesterday “I’ve contacted Peter Cruddas the founder of CMC markets”. Well I had an e-mail last night from Robert J Allan who is the UK digital manager for CMC markets. Apparently he Is going to personally discover who should be responding to my questions and get some answers for me. I’ve had noting yet but at least I know (I think) that my request is now being dealt with. I’ll keep you posted on the outcome.


I posted a thank you on the trade 2 win forum which you can read here. In case you were wondering I’m SB_Beginner, PC at CMC Markets is Peter Cruddas. I wanted to thank him for getting someone to respond. I also added few lines about there new platform. Apparently they are adding screening tools in the new year so I look forward to seeing how they work. Hopefully they are good and I’ll continue to spread bet with CMC markets. I’ll give them another 6 months or so and see how they turn out.


No new trades. I’ll take a look for new trades later. If anything takes my fancy I’ll let you know about it tomorrow.


Thanks again to everyone participating in the new spread betting strategy development over on the forum. It’s appreciated as always.


Until next time,
“May the markets be with you!”
Spread betting beginner

November 30, 2010 by Harry
Category: blog
Tags: CMC markets, Northern foods, persimmon, Peter Cruddas, Robert J Allan