SBM TRADING PORTFOLIO UPDATE

We think it’s time to take some risk off the table today and book some useful profits. Accordingly the following positions are adjusted/closed –

1. Kazakhmys swing long trade trade has been closed at 748p for a nice 90p gain.

2. ENRC – half the position has been sold @ 354p and we raise our stop on the balance to 330p

New position opened – reactive short/hedge entered into on the S&P Future @ 1359 & a re-entry to the GBPAUD long pair trade @ 1.5290.

Take a look at our record on the About Us page – this year we have achieved over a 90% success rate on our Calls.

We have seeded 3 dedicated “follow me” funds that are managed in accordance with the measured leverage and risk controlled basis that we advocate in this magazine – 

1. A diversifed yet concentrated Oil Explorers fund

2. A diversified yet concentrated Natural Resources fund and

3. A Special Situations/Global Macro fund.

If you would like details on this unique “follow me” system and how you can gain exposure to these funds ahead of an official launch, email us at editor@spreadbetmagazine quoting “FOLLOW ME”.