I’ve featured Cape as my “Trade of The Week” before, and now I feature it again because I’ve closed the trade with the result as shown in this IG Index P & L Breakdown Report:
You can scale up my nominal £1-per-point real life example to a larger stake at your heart’s content… and at your own risk!
I wanted to run this position trade longer, because letting our profits run is what we should be doing, but I wan’t too happy in this case about not being able to trail my guaranteed stop order to secure my profit. A quick look at the Cape price chart (courtesy of IG Index) reveals why: just look at those occasional precipitous falls!
Subscribe to Better Spread Betting by Email (I won’t tell anyone else, and you can cancel anytime)
Disclaimer: this posting is for general education only; it is not trading advice.