First thing's first...thanks all for taking the time to help out a newbie. It's good to know there are some generous souls out there.
All comments - even (especially?) the raised eyebrows - are useful but I particularly appreciate yours, FTSE Beater. Your 'basics of trading' thread is also great...
OK - here's the foolproof plan...
I've been following Diageo... they employ me....the RSI describes a very pretty sine wave that matches highs/lows in the SP.
Plan is -
1. wait for upswing in RSI and take out a long spread bet
2. close position with a trailing stop and open a short bet for...