Advice from the good guys in here, you know who you are.20 Dec 2020 16:10
Please, only construction advice from the guys who have helped so far.
So as you know I’m the panicker on here and I’m on spreadbet. My margin will run out at 108 or just above. Given all this crap news etc etc. Should I look to set a stop loss today at say 108.5.
My fear of this is it opening at say 100 and me being in the red. I have 4 positions open as follows;
1) @ £165 per point
2) @ £20 per point
3) @ £65 per point
4) @ £60 per point
The other option is if I look to close 2 of the trades to give myself some margin but the fear of it falling still and then being closed out of them would leave me in a worse position.
I’m expecting to take a loss on this and then can decide wether to re enter via shares. But I’m unsure of the best solution?
Doesn’t look like there is going to any revelation on brexit so assuming it’s delayed for now.
Thanks everyone.