Hi again, Vinden
It's taken me a bit longer than I anticipated, but here is more information regarding my last post.
'The Essential Guide to Financial Spread Betting' I received in February last year is by David Jones. It's a 44 page A5 booklet (the first two pages aren't included in the numbering, so the last page is 42), It contains the equivalent of 14 blank pages, if I've added up correctly.
I wasn't impressed with the content of the remaining 30 pages. A list of five spread-betting firms is given on the top half of page 27, and it's up to the client to make a choice for whatever reason.
On the 4th April 2003, 'he' (I assume David Jones, but the bulletins just state 'Editor') recommended selling National Express June. On the 11th April 2003, the next bulletin carried an explanation why the price varied between Spreadex and FinSpreads because of the share going ex-dividend in May. In my opinion, he should have been aware of this and mentioned it in his recommendation.
On 24th April 2003, it was reported that this position was stopped out the previous week on a "spike," also a Kingfisher September short was stopped out the previous day, having been recommended on 26th March. At this stage, I decided Spread Trader wasn't for me - my last bulletin is dated the 8th May.
In general, I try to avoid getting into the long-term situations. My trial period was mid-February to mid-May, so June and September shorts were obviously out of the question anyway.
I've had a look at the Swing Trader pack. It sounds good, doesn't it? But all they appear to have done is changed the name and presumably now rely on using spread betting. When I belonged to Chart Prophet, there was a portfolio of about 40 recommended shares. It may be that FSP use the same charting methods for most of their current services.
Depending on the results of my next medical test, I might try it out. I'll let you know if I join.