Spread Betting Traders Diary

09 Jul 07	More Losses...
06 Jul 07	More Maket info Required!...
05 Jul 07	Margin Call...
04 Jul 07	Placing Stop Losses...
03 Jul 07	Loosing the spread betting...
« EARLIEST < Previous Next > LATEST » ( Page 2 of 3 )

More Spread Betting Losses

9/7/2007

Day 6
I found that my GBP/USD had met the stop loss and I ended up loosing £404.68. In order to see what had happened, I had to look back at the financial graph. It had one spike early in the morning and if I was still holding on to it then I would not be loosing as much.

The EUR/USD didn't move too much and is loosing the same amount that it was when I walked away from it on Day 5. The only thing I did different today was that I ended up adding different types of foreign exchange to my board and spread betting on them. Right now I have had them for 3 hours and they are all in the red and loosing a lot of money, £550.