Anyone who has read my blog regularly will be well aware of the example (but real) Barratt position trade that I’m running in a Capital Spreads account. You will recall that this position trade began life as a single £1-per-point position with an initial risk of (about) £25 to my guaranteed stop order.
By pyramiding this position as the price has been rising, you can see in the snapshot below that the total profit is now nearly £500 — which is not a bad reward for my initial £25 risk.
Along the way, this position trade has been self-funding because I have pyramided only accumulated profits into additional positions.
Two Steps to Better Spread Betting:
1) Buy the Better Spread Betting Book
2) Sign up with Capital Spreads, IG, ETX Capital, or Spread Co
Disclaimer: this posting is for general education only; it is not trading advice.