Are you profitable? Have you voted yet? If not please do.

Not much to report today. I placed four orders at the start of the day and three of them have triggered. The only one that didn’t trigger is Yell.
Down Trend
Home Retail
Down Trend
Premier Foods
Momentum Divergence
Momentum Divergence
As the table shows two were short positions and two were long positions. This is in keeping with my sideways verdict of in this weeks technical analysis. We’ll wait and see how these pan out. I may wait before I place any more orders to give the ones I have open some time to develop and to give some time to the market to make up it’s mind what it is doing. That said if I spot a trade I think has good potential I may place an order or two. I just depends.
I have just received an e-mail from CMC markets telling me to get read for the next generation of spread betting. It looks like they have re-branded and I suspect they may have updated their market maker platform. I hope they have as it seems really old and slow to me. I’ll keep you posted as I learn more on this myself.
Thanks to Tony & Neil for their comments over the weekend. It’s always nice to get comments so I know that I am not just writing this for myself.
Based on Tonys comment, about posting my P/L since starting this blog, I may start doing this, this weekend. I’m not sure that I will go back and post my P/L from all my past trades but what I will start doing is post my p/L from now on. I have revamped the  way I log my trades anyway so I may start posting this with a P/L value  associated with it. I haven’t made my mind up exactly how I will do this but I’ll try and do this at the weekend so you will be able to see my running P/L as a total.
Anyway that’s about all from me today. I have no opportunity to move any stops yet but hopefully some or all of my positions will give me the opportunity to move my stop at some point in the not too distant future.

Until next time
“May the markets be with you”
Spread Betting Beginner

July 12, 2010 by Harry
Category: blog