MKT report

Aus

Outlook

S/guide

good morning campers.

Good morning all.

Good Morning all

after spread betting for 2 weeks (is it really only 2 weeks?) I managed to increase the cash by 43 - not bad considering I only need 100 to open & operate the account.

I must be a little bit more careful - I must get into the habit now of placing larger bets. So I'm going back to my original rule of only to stocks! (Lets see how long that lasts ;-))

So this morning I am still Long BT.A and Short PSN.

I like the idea of having one long and one short, I think others have used it with stocks in the same sector.

LW - if you want to research it more, search for 'pairs trading'.

lw,43% increase on the account,that is some going,very well done.

Mega...

ps LW - agree with MB, that's a fabulous return.

Will you look after my account when I go on hols for a fortnight?

G

Very funny G

- I'm sure if I was playing with 100K it would be a different matter!

There are quite a few very good threads (all in the traders room) on "pairs" trading. It seems quite a few people have tried it but it seems not to work all the time. I suppose its like many things - not always "constant".... Hence the need to contastly consider changing stratergies

Does anyone in the investors room do anything like this?

End-of-day Market Summary