The day started so full of promise, then the markets opened. My EAGA position was sitting with a healthy £7.4 non-guaranteed profit at the close of trading yesterday. Non-guaranteed being the operative word. The stock opened down and continued to fall. I was stopped out at 8:05am at a price of 59.2, well below my stop price of 64.69. Yet another example of slippage in action. Fortunately I exited at a profit even if it was only £1.91, better than a loss any day.





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

November 3, 2010 by Harry
Category: blog
Tags: CMC markets, EAGA, persimmon, slippage, stop loss