Index Spread Betting

top trader said:

starting trading pot of £5000.

target 20 points per day at £1/point, initially.
works out 440 points/month for 22 days/month.
after 3 months pot grows to, hopefully, £6300.

increase trades at £2/point for next 3 months, point target remains same/day.
works out £880/month,£2640 for 3 months.
pot grows to £8940.

increase trades at £3/point for next 3 months, again point target remains same/day. works out £1320/month,£3960 for next 3 months.
pot grows to £12900.

increase trades at £5/point for next 3 months,
works out at £2200/month, £6600 for next 3 months.
pot grows, AFTER ONE YEAR, to £19500.


After a year 5k becomes 19.5k.

Sounds good!

Any comments.

Thanks.

Click to expand...

top trader said:

After a year 5k becomes 19.5k.

Sounds good!

Any comments.

Thanks.

Click to expand...

top trader said:

starting trading pot of £5000.

target 20 points per day at £1/point, initially.
works out 440 points/month for 22 days/month.
after 3 months pot grows to, hopefully, £6300.

increase trades at £2/point for next 3 months, point target remains same/day.
works out £880/month,£2640 for 3 months.
pot grows to £8940.

increase trades at £3/point for next 3 months, again point target remains same/day. works out £1320/month,£3960 for next 3 months.
pot grows to £12900.

increase trades at £5/point for next 3 months,
works out at £2200/month, £6600 for next 3 months.
pot grows, AFTER ONE YEAR, to £19500.


After a year 5k becomes 19.5k.

Sounds good!

EDIT- From time to time I will buy FT100 shares. The whole idea is to make £440 or more (hopefooooolly) per month

Any comments.

Thanks.

Click to expand...

Phil Mibbutz said:

Good luck, tt. What's your stop strategy, because RBS and LSE both down at the moment by the looks of it?

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tar said:

Your stake is 1 pound / 5000 pound pot , after 3 month your stake is 2 pound / 6300 pot , in my opinon if u do this after 3 months u r taking higher risk , u should double your stake after your double your account .

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top trader said:

hi,

if a stop/loss is set for -50, risk is only £50.

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Profit factor	Win Ratio Needed to break even
0.1	            91%
0.25	           80%
0.5	            67%
0.75	           57%
1	             50%
1.25	           44%
1.5	           40%
2	            33%
2.5	           29%
3	            25%
4	            20%
5	            17%

Hoggums said:

You seem to be risking £50 to make £20-30 which in my view is likely to lead to ruin. That's a profit factor of <0.5

See the table below. This assumes constant trade size. e.g. if your profit factor is 0.5 (i.e. on average your winnings are only 1/2 the size of your losses) then you need to win 67% of your trades just to break even. If you start factoring in changing the trade size according to your account balance then the win ratios need to be even higher.

Code:

Profit factor	Win Ratio Needed to break even
0.1	            91%
0.25	           80%
0.5	            67%
0.75	           57%
1	             50%
1.25	           44%
1.5	           40%
2	            33%
2.5	           29%
3	            25%
4	            20%
5	            17%

Click to expand...