Summary and stats of all my trades in turning £30,000 into £60,000

I have achieved my goal of turning £30,000 into £60,000 !!!

Wow - is all I can really say to this, I am still in a bit of shock I think; it has taken me less than 3 months to do what I thought would take me a year.

I closed all my positions yesterday morning once I was over £30,000.

My final tally was £30,101.90.

This was my target and just like any normal trade I wanted to stick to my rules so I sold out.

I also think that even though the markets are going crazy at the moment, some time out is a good thing. I need a break and it will give me some time to reflect on what I have achieved and to analyse my bets. I am also wondering where the market is going to be honest, I am a little concerned about the massive gains lately, I think we are due for a correction sometime soon. Maybe it's a good time to sit on the side-lines for a while and watch.

This will not be the end of this blog though, or the end of my spread betting - that's for sure.

I'll be back into the markets before long, that's a given. 

I performed this experiment because I have always wanted to see if I could actually make money trading. I clearly picked a great time for it. But, even though I am an eternal optimist, I am also a realist and I know that I have been supremely lucky with what I have achieved over the last two and a bit months. I could just as easily lose it all again if I am not careful.

I would really love to see if I could do it again, and I will at some stage. If I could keep doing this until I have enough of a pot to trade-for-a-living on, that is where I want to be.

But when I do re-enter the market, do I use the full £60k I now have or do I just use £30k again and keep £30k for a rainy day. I feel that I should at least keep some in cash, maybe not £30k but some.

What do you guys think?

Anyway, here is a table of all my bets placed during this experiment, the winners, losers, entry price, close price and profit or loss. The astute of you will notice that if you subtract the entry price from the close price and multiply that by the £’s per point you won’t necessarily arrive at my profit / loss. You will undoubtedly get a smaller profit or larger loss. This is due to daily rolling costs that the spread betting companies charge. The profit and loss figure is the actual money I took out, or paid in once the bet was closed.

Any thoughts or comments?