Not too much to report today. My value fell a little. The FTSE 100 can’t make it’s mind up what it’s doing at the minute. The resistance line at around 5240 is proving a little too much to get past at the minute. I think it will pass it but how long it will take is another story.
With the FTSE100 not upto much most of my positions closed the day down slightly with the odd few that were up. Tomorrow is another day and well see what happens then.
Until next time
“May the markets be with you”
Hi
yeh pretty mediocre day – had another short contract stop out on me. I've only got one short contract running now so the lesson of the day for me is simple: don't open short contracts in the same index as your long contracts. It's cost me about £30 or so to learn this lesson so hopefully I'll remember in future!
I have about 10 long contracts running but they're all sitting in limbo land at the moment waiting for something to happen. Looks like I'll have to just sit it out for a while!
Good trading, cheers Alan