Up £3,859 on yesterday - wow !
First time over £20,000 total profit. Nice.
| Stock | Entry Price | Latest Price | Current profit/loss | % on prev day | % on total risk | |
| Ryanair | 478.20 | 570.00 | 3264.51 | 4.58 | 272.79 | |
| Aveva | 2,053.00 | 2,165.00 | 945.92 | 11.68 | 79.78 | |
| Intertek | 3,097.10 | 3,206.00 | 583.94 | -5.35 | 48.97 | |
| Ladbrokes | 196.99 | 220.30 | 2011.66 | -0.86 | 167.68 | |
| Sports Direct | 387.97 | 438.00 | 2187.71 | 9.94 | 183.08 | |
| Domino's Pizza | 502.80 | 527.00 | 810.14 | 2.14 | 67.70 | |
| GKN | 236.44 | 254.80 | 1832.15 | -14.53 | 110.15 | |
| Barratt Developments | 227.07 | 228.80 | 170.91 | 131.59 | 10.26 | |
| Bellway | 1,111.80 | 1,175.00 | 1332.26 | 66.27 | 80.56 | |
| Taylor Wimpey | 74.94 | 75.75 | 247.02 | 156.68 | 14.82 | |
| Moneysupermarket | 190.37 | 205.10 | 1835.25 | 107.26 | 110.18 | |
| Telecity | 872.20 | 825.00 | -1291.46 | -5.57 | -77.62 | |
| William Hill | 385.96 | 399.50 | 826.96 | 59.17 | 49.77 | |
| Cineworld | 272.93 | 273.00 | 0.53 | 0.00 | 0.03 | |
| Diageo | 1,880.90 | 1,894.50 | 164.46 | 403.21 | 9.99 | |
| Euromoney | 922.30 | 922.00 | -13.28 | -111.50 | -0.80 | |
| Arm Holdings | 900.40 | 925.00 | 641.33 | 688.07 | 38.76 | |
| Running profit / loss | 20,486.70 | |||||
| Diff from prev day | 3,859.81 | |||||
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Firstly, wow. And congratulations. I wouldnt believe it unless id seen this quite honestly. Can you please explain what the % on previous day, and % on total risk columns are all about. Any detail and maybe an example you could give to explain it would be greatly appreciated.
ReplyDeleteimran
Hi Imran
DeleteIn answer to your question, as an example let’s use Arm Holdings, my most recent bet which I opened on Monday.
According to my rules, I don’t ever want to have more than £1667 at risk on any one bet. So I take the price at which I am opening the bet and work out my £’s per point (rounded down to the nearest 0.25p). For this bet I placed £26.25 a point at 900.40 with my initial stop at 837.37 which puts £1654.54 at risk.
The % on total risk figure you see is the profit or loss as a percentage of my total risk. So for end of day yesterday I was £641.33 up which is 38.76% of what I risked. When I hit around 100% I will shift my stop right up so as to seal my profits in.
The % on prev day figure is just a percentage change on the most previous day’s profits.
Hope that helps.
Thanks very much for that. It does help. Although as I have not explored spread betting, I still need to get an explainer on how that all works. I'm going to contact one of the firms like IG.
ReplyDeleteOne of the reasons why I've not explored it yet is because I am concerned about the potential to lose large sums very quickly. On the other hand, I may reserve judgement until I've had a little trial. But, I am cautious. However, having seen what you are doing, well! And, you are working as well as doing this?! Thanks again. I am certainly following what you are doing with great interest. It would be fantastic to trade on one's own account for a living. Although, until I get a bit more educated about it all, then emphasis on the word "fantastic"!
Best wishes,
Imran