I put a sell on FTSE 100 Rolling spread on 3890 and on heavy loss. Market should have gone down today after DOW closed 100+ lower on friday. I am not sure weather to wait for market to fall or close my position.
Sorry Guys I didn't mean to insult anyone or being arrogant. I said I like to know books and I really appreciate people comments here. I was just commenting that even sometime people who read charts can get wrong but it doesn't mean that I place trade by closing my eyes. I might attend the...
Could you recommend any books or where I can learn more about spread betting. Although people who read charts and do calculations they loose lot of money too.
Thanks for your help lee. Around 7pm it came down to 5677 and I should have closed down that time and just lost 10 points but i thought it might touch 5367 then it started going back to 5400 level Each day even if market open positive it always go down a bit so I will close below 5400.
But do you guys think on monday ftse will go down or up accorging to US market news. Even if it goes up during whole day ftse move up and down so I think I should keep watching my screen on monday and as soon as It will come near 5360 i will close the trade.
Help
Hi,
I started spreadbetting last week. I left the trade open which I am worried now. I put a sell on 5367. Hopefully ftse will go down on monday so that I will be able to close that. Any views about ftse on monday. Dow closed down on friday.