Re: My spreadbetting adventure
definitely a blessing. ive only had £1K to play with and am down to about £850. ill be depositing about £12K i think, working at 12 holdings of average £1K, beta weighted accordingly, 1 currency, 3 commodities and 8 stocks (4 short 4 long)
ive definitely learnt a fair bit this last week in terms of how best to structure it.
for example, the most annoying part is when confirming the switching of positions is wise, becuase it can switch a few times during the day, and with the spreads it can make it costly to keep switching.
thus i am trying to find a solution as to how best to solve this. my general plan is to search for the stocks which have the least switching of positions and go with them. i know one company ill use, but still trying to decide on the other 7.
fwiw, my activity so far has been mainly longs becuase of my 4 holdings i had the 2 shorts switched to longs. the worst performer has been qxl. ive never heard of them or what they do, but they were on a hold, but they were already up 9% in the signal to signal period, so maybe i was coming in at the end of the run up, as they have dropped about 6%.
anyways, this is definitely something i want to pursue, still got to tinker about, but i think it should work.
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