This week’s “Trade of The Week” might be better described as “Trade of the Six Months” since it is a longer-term position trade that was in play from 28 December 2011 to 19 July 2012. In that time my nominal £1-per-point spread bet notched up a gross profit of £27.62 and a net profit (minus […]
Archive | trade of the week
Trade of The Week: Immobiliare Grande Distribuzione (IGD)
For this week’s trade of the week I thought we’d go abroad, to Italy. On or around 19 June, with Italy getting a lot of economic bad press, I decided to take some punts on several Italian stocks that might recover from what looked liked historic low prices. One of these stocks was Immobiliare Grande Distribuzione […]
Trade of The Week: Reaching for the Skye! (again)
Jump straight to the book, or… The last time I wrote about Skyepharma was over at Financial-Spread-Betting.com in my article titled Reaching for the Skye! I described how I had secured a £45 (but it could have been £450 or £4500) profit thanks to the meteoric rise of Skyepharma shares in April 2012. Oops, I did […]
Trade of The Week: Ocado
Unusually for me, this week’s trade of the week is a short trade. I took inspiration to engage in a little more short trading from “Evil Knievel’s Guide to successfully shorting stocks” in Issue 03 of Spreadbet Magazine. Not that he recommended this particular trade, but the article did remind me how my preferred position […]
Retrospective Guaranteed Stop Orders
Jump straight to the book on Amazon, or… In the Better Spread Betting book I talk about how some spread betting brands such as Capital Spreads and InterTrader allow you to guarantee your stops orders retrospectively, whereas other spread betting companies don’t. Here is a concrete example: On 14 June 2012 I opened a long spread […]