I’m still Spread Betting, just about. When I thought things were going to settle down to a nice Christmas boom(again) we are signing for the house in Spain on the 16th December. So I’ve been a busy bunny the last few days making sure everything is in place for that so it should all go smoothly. I managed to get the time off work so I’ll be gone from the 15th December and back on the 19th. Fingers crossed it all goes well.


With all that going on I’ve still found some time to spread bet. I’ve doubled my Amlin position as this is moving further into profit. It looks like a consolidation zone has appeared so I’ve decided to buy in again in the anticipation that the break from the consolidation zone will go in my favour. I brought a new £1 per point spread bet in Enterprise inns at 35.02, this has been rising steadily and hopefully it continues to do so. Today I brought two new positions in Lloyds and RBS both at £2 per point and buy in of 27.55 and 22.92 respectively. So that’s a grand total of long £7 per point across four positions. All of them I opened with Capital Spreads as they have one of the easiest and straightforward platforms to use. They also offer good charting with back testing facilities which I have yet to fully investigate. They also have some of the tightest spreads on UK equities, If you don’t already have an account with them you should certainly check them out.


Ok so that’s me up to date with all my latest spread bets. I haven’t had chance to think any more about my trading plan but if you want to add your comments and input you can do so over on the spread betting forum.


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

December 6, 2011 by Harry
Category: blog