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Trade 5 in my Christmas spreadbet challenge with ETX – Sell Cupid

Tom Winnifrith
Tuesday 3 December 2013

I had never done a spread bet in my life until eight days ago. But I have just completed my fifth trade – selling Cupid (CUP) at £4 a penny at 54p. My stop is set at 64p. 

Steve Moore & I have both opened accounts with ETX and been given £50 to trade small cap shares. If we were to trade Forex or indices we could get another £450 free. This is not a special deal for us you too can get your free trades with ETX starting right now.

THIS OFFER HAS BEEN EXTENDED TO DECEMBER 13 SO TO GET YOUR FREE DOSH OPEN YOUR ACCOUNT NOW!

All you need to do to trade is to open an account which you can do in minutes – CLICK HERE

Any profits that I make on my Christmas trading challenge will go to the Woodlarks charity. So far I am afraid to say I am ahead on my Range short but behind on my @UK ( now called Cloudbuy – CBUY) long. So there is no Christmas windfall for Woodlarks. Yet.

Why short Cupid? We have zero earnings visibility here and the recent departure of founder and CEO Bull Dobbie is very odd as Lucian Miers explained here 

Anyhow, for me Cupid shares will slump. It is not a matter of if but when.

Most spreadbetters won’t allow you to bet on stocks as small as Cupid. ETX will which is why we teamed up with them.

You can start spreadbetting small caps with ETX right now HERE but to get up £500 free to trade with you need to open an account TODAY

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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