Six of the Best on Barratt

I'm beginning to sound like a broken record with all my posts about the Barratt position trade, but here I go again. I've added yet another £1-per-point position in the Capital Spreads account, making six of the best pounds-per-point as shown here:







A discussion on a forum elsewhere now prompts me to say something about this pyramiding. 



Although my preferred position trading approach

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£500 Profit from £25 Risk

Anyone who has read my blog regularly will be well aware of the example (but real) Barratt position trade that I'm running in a Capital Spreads account. You will recall that this position trade began life as a single £1-per-point position with an initial risk of (about) £25 to my guaranteed stop order.



By pyramiding this position as the price has been rising, you can see in the snapshot below

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Today's Biggest Surprises!

I was going to title this posting "Today's Biggest Gainers", but it seems more appropriate to title it "Today's Biggest Surprises". This is what I woke up to on a couple of trades that I opened in the past couple of days:







They were surprises because mining stocks seem to have been on a perpetual down-slide for the past few days, weeks, months, or even years. Maybe this is the turnaround

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Barratt and the Five Point Pyramid

Sorry it's been a bit quiet around here in the past week, but we've been away:









(it's not Switzerland, it's Scotland)



Anyway, following on from the documented four-point pyramid of Barratt, I can tell you that this position trade is now up to five points as shown in the Capital Spreads snapshot below.









Three Steps to Better Spread Betting:

1) Buy the Better Spread Betting Book

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Why Pyramid Positions?

After my little April Fool joke yesterday, I thought I'd post something rather more positive (and educational) today on the subject of pyramiding positions.



My demonstration vehicle will of course (if you've been following me) be Barratt; but it could have been Sainsburys. The following chart shows the vastly increased profit potential resulting from having pyramided the Barratt position --

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Where did it all go wrong?

It is with great regret that I have to tell you that despite practicing Better Spread Betting according to my Position Trading philosophy that utilizes Stop Orders... it's all gone wrong and I have lost everything on one mad spin of the proverbial roulette wheel!



Aside from documenting (in the coming days) how exactly it all went wrong, it looks like I will now have to shut up shop, and I

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The Case for Position Trading Equities

Although I stopped writing for Spreadbet magazine a couple of months ago (don't ask!) a few of the articles in the latest edition caught my eye.



In his interview, Vince Stanzione says that his main successes in the markets have come from longer-term position trading rather than from short-term day trading.



In his trading diary update, John Walsh talks about how he lost a lot of money

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