Day 1!

Well not actually Day ,  I have been running this system now for some time,  but as this is the first of a new month, a good time to put up a blog to share my experiences of spread betting a system with anyone interested.

I am using this space to put up the actual orders in advance, by displaying a screen shot of my orders as I put them on my account so you can follow it. I am not going to trade anything else on this particular account for the whole of August. This spread betting account is real money - it is not a demo account,  so you can see the gain/loss to my real account balance each day from just this system.


The system I am testing in this blog is a day trade system. It gives me signals on 11 markets, which combine to form an overall strategy. I am finding I am winning around 55% of the time- it has been quite profitable so far. The system advises a position size for each trade, based on the expectancy of the system in each market, but for this test month I am using the minimum values of £1 per point, or multiples of £1 so the ratio of the bet sizes is roughly in line with the system.

I find that the orders I place at the prescribed levels are hit about 60% of the time, so quite a few orders I place are not triggered. Occasionaly, both buy and sell levels are signalled for a market, in which case the two orders are placed as OCO orders (One Cancels the Other) If one order is triggered, the other one is cancelled. Sometimes the market has to go down to trigger a buy or up to trigger a sell, which is counter intuitive, but the systems edge comes from entering at specifc levels.


Here are my orders from this morning:

I am placing the positions each morning, closing out by 9pm and stops are set according to the systems rules. I expect that I could improve results by adding some input into the raw signals, but I am interested to see if this method can show a profit, if spread bet systematicaly, with no interference.