I'm afraid there have been some server probs with the website this week - which means sometimes it will disappear or not appear!

But I'm told a new server is on the way and it should be running fine by the end of the week.
So if you do try and access it and you can't - that's the reason and in that event the site will be back as soon as it can...! Temporary Fault as it said in the old days..
There he was. Oh no. Duncan Bannatyne from Dragons Den in the front row of my seminar.
Arms crossed. Looking grumpy.
And eyes raised to the ceiling. He had the "tell me something I don't know" look.
"Oh for God's sake," he muttered at me. "Stop losses are for wimps. Ha. You wouldn't catch me using those. Rubbish."
"Bet you don't know about covered warrants," I retorted.
"Covered warrants," he growled. "I know all about them - nothing you can teach me.."
"Right," I said. "You're fired. Pick up a refund on your way out.."
Lucky for me I then woke up - it was 7am on seminar day and it was just a dream. Phew.
Mind you I think I'd prefer Duncan there having a go than Peter Jones patronising me...
Actually there was a Bannatyne in the audience. But it was Doug not Duncan. And he was far nicer.
Well, it was worth doing that extra seminar - an excellent day which I enjoyed and judging by the feedback so did those of you who came.
Hurrah! The new hotel venue for the seminar proved a success.
They did a really good job - a great lunch and good service thoughout.
But I felt sorry for a member of the hotel staff - Aboo - who met me at 7am and had set up the room from 6am.
He was still there when I emerged.. at 10pm!! What!!! Little doubt this crowd got their money's worth.
Aboo looked fed up. "I thought you were finishing a long time ago," he said. "So did I," I spluttered with my last breath. Even the sound system had given up the ghost by then.

Now I wish I'd given Aboo a tip but I was too tired to think about it. I will next time and big him up to the boss.
Well of course some of you had to leave before I eventually shut up but others just wanted more - so I guess I'm flattered. And enjoyed speaking to those of you who stayed in the bar till midnight.
As usual a wide and fascinating mix of people. Furthest traveller this time was Dubai followed by Holland and Portugal.
Some absolutely top notch stories of trading from many participants, and I think some very interesting companies analysed and dissected. Many of you also realised how important level 2 is for timing.
Thanks so much Angela for your gift of honey direct from your own hive - that is impressive and thanks for the pic of it - I did show it to Christopher!
At one point I couldn't find the net debt for a company.. and so we wondered about phoning up the Chief Finance Officer and just ask!
So we did - delegate Simon called them on his mobile. "There's a few of us here at a seminar," he said. "And we want to know your net debt as it isn't in your accounts!"
The poor guy was on a train on the way home. And.. he didn't know what his debt was. You'd have thought a finance chief would known what his debt was.

However to be fair to him he promised to call back and did, 20 minutes later, with the answer.
I'm guessing next time it'll be in the results! I ended up buying the company actually. Well, not the whole company silly - just some shares..
The lunch was ace, some great lamb I thought and some good puddings. I chatted to a chap from Dubai over lunch. He reckons things aren't as bad in Dubai as our press makes out.
I shall forgive all those who came to the seminar who know I missed out on a 40% rise in a company because of the seminar! You know what I am talking about!!! Grrrr!!
Thanks for all the feedback - I shan't print most of it because it makes me look like some big ego guy who wants to publish all the praise. But I am glad many of you - especially beginners - feel you've learned most of the mistakes that are made by beginners and realise that with some of the tricks I taught you, you can now have much more confidence.
I do wish you all the best with your trading and thanks very much for taking the trouble to attend the event!

If you missed this seminar, do not fear - the next one is in September!
That seminar will be on Friday September 25th at Heathrow.

If you are interested and want details of that one mail me at robbiethetrader@aol.com with "September Seminar interested" in the subject line and I will send you details. A good early booking discount is available for any early bird bookings.
My seminars are designed for beginners, dabblers and improvers and deals with everything from how to look for winners, how to research, spreadbetting, level 2 use how to time trades and short, how to use advfn properly and run your portfolio without having to spend money on systems and tipsters.. and tons more.

A lot of the day comes directly from the live markets and I show you many of the tricks I use to get good prices live. And there might even be the odd live trade or 2!

Finally seminar wise there'll be a follow up seminar for any of you who've been to a previous one sometime this autumn - based on Technical Analysis with top trader Susan Marmor. Again let me know.

Spreadbetting firm Tradefair Spreads has upped its offer exclusively to Naked Trader readers to a £100 credit AND a Moleskine trading Diary! This offer is exclusive to me and not available anywhere else...

I've been using them for a few weeks to check that I'm happy with the service. As you know I don't take ads or allow referrals on the site unless it's a company I've used and I feel confident about.

What I like about it is it's easy to use, spreads are surprisingly tight on the smaller companies and interestingly an automated stop loss is applied to each trade - so beginners know what their max loss is from the outset.

Anyway they now offer a £100 credit as long as you deposit £100. You get the credit after you placed 2 trades (Terms and conditions apply)

If you'd like to apply for an account with Tradefair Spreads and get the freebies click this link:
http://promo.tradefair.com/nakedtrader100/
Still with BT for your phone line? Why? Move over to Utilities Discount Warehouse under me and pay just £8.99 for your line rental, and deal with a nice company. I get commission and in return you get my e-mail - this site into your mailbox at every update!

You could also add energy, guaranteed cheaper than the top 6 suppliers and get the lot on one bill every month. Mail me at robbiethetrader@aol.com if you fancy it. Easy to do!

MF Global offers a free £2 bet on the FTSE to all readers.
I use MF Global myself for spreadbets on the smaller companies as they have more online than anyone else and offer spreads on pretty much everything.
To take up the offer either click the MF banner you should find somewhere on this page, or cut and paste this link into your browser and you can sign up online:
http://tinyurl.com/c524ku
Terms and conditions obviously apply, check them on that link.. I think those are good offers.

Many of you enjoy the cheap advfn toplists bronze deal through me as do many of you with the cheap level 2. However many of you say you want a half-way house to include real-time share prices always on.
So I'm pleased to announce I've managed to seal a new deal with Advfn for its "Silver" service - that's always on real-time share prices for a good saving (Bronze toplists etc are included in this).
The deal is via me you can save £30 for your first year by paying just £138.06 inc vat via me instead of £167.47.
Just mail me for full details if you'd like it with "silver" in the subject line.
The money - real money - is already coming on from my own internet shopping site which is at www.ei42.com/nakedtrader.

In fact I've already made £1,000 - that's in a very short time and as this grows I think there could be a very good income there.

YOU can make money out of this too - by simply doing your online shopping as normal but via your site (it costs nothing) and then tell friends to open their shopping site using the link from yours - you then get commission on their buys!
Have a look at this link:

http://www.ei42.com/Nakedtrader/

So for free you can sign up and get this site for yourself.

Everytime you buy anything yourself on your site you get commission.. So if you normally shop online anyway it's a no brainer: just use your own site instead of going direct and get some commission every time you shop.
Then you just get some friends to sign up and get their own site too - when they do online shopping using their mall, you get commission too. Simple as that.
It's all explained on the site top right.. just click "Make money with your own shop find out more" and it's all explained. Or click here

http://www.ei42.com/?10850514
So you just shop away as normal - but now you earn commission - and there's also decent money off coupons too on top of that!

They've just re-published "The Zulu Principle" by Jim Slater who's written a 2008 update at the beginning.
This is a brilliant classic book. Reading this is a real pleasure and it was a great idea to republish.
Jim believes like I do the best gains can come from smaller stocks and in an easy to read style takes you through how to evaluate smaller companies that are about to become bigger ones - he uses some excellent examples.
Really this is a must read for all more longer-term investors or anyone looking to grow their money... a number of you have also written to me about this book and praising it.
Here is the link to buy it:

http://books.global-investor.com/books/167207.htm?ginPtrCode=10453
Here's a very topical one: The Little Book of Bull Moves in Bear Markets by Peter Schiff.
The book is all about how to keep portfolios up in a down market. He focusses a lot on how to play commodities and win with some sensible advice especially on natural resources and precious metals. He is very much a realist and there is no rubbish here: some straight talking and some interesting strategies.
Everyone who invests should think seriously about keeping portfolios up in bad times so this book should be read.
Well worth picking up at this link:

http://books.global-investor.com/books/271958.htm?ginPtrCode=10453
To order my new book Naked Trader 2 for next day delivery click this link... or the cover of the book top right!
http://books.global-investor.com/books/27120.htm?ginPtrCode=10453
I've had heaps and heaps of praise from many of you regarding The Financial Spreadbetting book.
The book really seems to have helped a lot of you understand spreadbetting a lot more than you did. You say it's really helped you with ideas too. The writer deserves commendation. With the ability to go short so important in these volatile markets, it's a must read. To order click this link... http://books.global-investor.com/books/23307.htm?ginPtrCode=10453
Several people have asked me for a recommendation on a book which shows how to study accounts in a reasonably easy way. The one I like the most is http://books.global-investor.com/books/15717.htm?ginPtrCode=10453 by Robert Leach. Ten crunch questions to ask before buying any company.
It' s a decent easy-to-read book with several key chapters and it's highly recommended. It's one I keep and dip into from time to time. To order, click this link... http://books.global-investor.com/books/15717.htm?ginPtrCode=10453
The best book on charting and easiest read on the subject is http://books.global-investor.com/books/15618.htm?ginPtrCode=10453 by Alistair Blair. Click here -> http://books.global-investor.com/books/15618.htm?ginPtrCode=10453
Another good one is the second edition of http://books.global-investor.com/books/23792.htm?ginPtrCode=10453 by Peter Temple. Included in this one is how to use spreadbetting, CFD's warrants and trackers to reduce risk. And there are some decent trading strategies too.
This is an excellent book for new investors and also experienced ones. It explains all the things you may not be sure about in the markets and will explain the tools that are there. To order The Investors Toolbox by Peter Temple (new edition) click the following link for delivery in 24 hours... http://books.global-investor.com/books/23792.htm?ginPtrCode=10453

(SUMMER SEMINAR SOLD OUT)
Fancy spending a day with me, learning all the ways I have learned over the years to find good shares and play the markets? Well, you can at one of my seminars!
Booking is now open for the next Naked Trader seminar on Friday September 25th

Price is £495 plus 15% vat. However there is a large early booking discount available!

That includes three course lunch, coffees, snacks etc. And most importantly it covers choc bars and fruit gums too.

The seminar is mainly aimed at beginners and dabblers though improvers are welcome too.
Topics covered using live market feeds all day include: Market psychology, level 2 - a simple guide to how to use it for better timing; how to value companies; finding companies that are about to rise. I will also cover techniques for handling events such as the recent meltdown and volatility.
Spreadbetting: How to use it to gain an edge and go short. Market makers - how they work and how to beat them; how to stop losing money and make it instead and plenty more.
How to plan trade entries and exits - how to research companies and understand reports, plus all those niggly questions you always wanted to ask. How to set stop losses and targets. Charts and how to use them.
Also covered: Market maker tricks: How to spot tree shakes and use them in your favour, How to tell when NOT to buy a share. I use live ADVFN all day with lots of level 2 and looks at all kind of live market data.
The idea behind the seminar is SIMPLICITY. I don't use jargon or fancy words - everything is in PLAIN ENGLISH! No question is too stupid and the event is held in a friendly relaxed and supportive environment.
The idea is you will come away from the event I hope a wise and better investor with lots of new ideas. I try and translate complex topics into easy bite size pieces. I also aim for it to be entertaining as well as instructive.
If you are interested please e-mail me at robbiethetrader@aol.com with "September seminar interested" in the subject line and I will send you full details of the event including comments from those who have come to previous seminars and you can then decide whether you would like to come. See you there!

One seminar attendee Clare wanted to write a testimonial about her experiences at the seminar which follows now!
"I've just come back buzzing from one of Robbie's seminars. What a day! He's just brilliant, and manages to pack an awful lot into one day, and with his enthusiastic and humorous delivery the day just flies by. There are no gimmicks, no sell, no "˜get-rich-quick' promises, just his own solid, sound approach which he has learnt over the years and which works.
He shows you how to minimise the risks and maximise the profits and points out the banana skins on the way. Where the seminar really comes into its own is when he teaches using live level 2. Hearing him talk through his thought processes and reasoning is invaluable, and really brings home everything from the book. He has endless patience answering peoples' questions, and really seems to care that everybody understands.
On top of that, you meet some really nice like minded people and swap e mail addresses, you're plied with
chocolates and coffee all day, have a great lunch and spend the evening getting tiddled with Robbie in the
bar afterwards! You might even get to see the amazing crocodile boots . . . .

Don't worry about the cost, it's easily worth it, and you'll soon make it back with your new-found investment skills, and in what you're no longer losing. If you're thinking of going along to his next seminar, whether you're a novice or an experienced trader, don't hesitate ""just go!
Thanks Clare, did you want the tenner in cash, or will a cheque do?

Exclusive One Point Spread, £250 Cashback Offer

Still a massive response coming in for the sensational 1 point indices spread offer plus £250 cash back on losses - my mail box continues to be full of enquires - don't miss out!
I have arranged a deal with a spreadbet company that gives you just ONE POINT spreads on all the major indices and very tight spreads on everything else. A one point spread is just amazing and you can use it on the FTSE, DOW, Nikkei etc...
Not only that, I can offer those of you interested a fantastic £250 cash back on any realised spreadbet losses made within your first 8 weeks. That means you get back any losses up to £250 which could come in extremely handy.
If you'd like the details of this offer just mail me at robbiethetrader@aol.com with "£250 cashback offer" in the subject line. This really is a great offer which will have a limited lifespan so if you want it, get cracking!

I've started using Tradefair for spreadbetting - I like the auto generated stop losses which help to maintain discipline and that's good for beginners I think. And exclusively for Naked Trader readers they upped the offer to £100 credit AND a moleskin trading diary!!

So there's now a £100 credit on offer for anyone opening an account via me. You get that after 2 spreadbets (terms and conditions apply)

To get the offer, click here:

http://promo.tradefair.com/nakedtrader100/

Labour continues to come up with even more election losing policies.
The new one is you have to pay more if you have a conservatory, or good views - or indeed if you have done anything at all to improve your life and your surroundings in any way because you worked really hard for it you will pay.
At the rate all this is going I'm struggling to see why anyone is going to bother working at all any more given that they are going to try and get it all off you.
I have a great view. Some snooper has probably already been round taking pics. But the view is already incorporated into the price of my place which is why I have to pay so much flaming "council tax."
If you think about how many taxes we have to pay it's no wonder there's not much left. Income tax, national insurance, vat, tv licence, car tax, petrol tax... the list goes on...
So why do you think the government is handing out "vaccines" for swine flu to anyone who wants it?
You guessed it! It thinks we will all think, ahhh, you're taking care of us in a crisis. We must vote Labour at the next election! Wrong!
We all know the only people getting it are those that aren't ill at all. And in any event just let us catch the flipping flu. I'd rather just get it and spend half a week in bed than take a "vaccine" that is not proved and can have nasty side effects.
And in another brilliant move to get votes it's trying to claw back compensation money given to war heroes. Can it get any worse?
Oh yes it can - Labour hopes to win votes by creating 150,000 jobs "in the public sector".
Yes, we all know what that means. Jobs that don't need to exist bought by spending even more money we don't have. First job offered: "Dance Assistant". Oh and "tourist ambassador"!!
I know we all need help with our dancing but really!!
Congrats to the Met Office which for the third year running was totally wrong with its summer prediction this year - it predicted a long hot summer.
It has now changed its prediction to "rainy" summer. I think any of us could have told them that by looking out of the window!
And we can safely say now rain is predicted that it won't be long before the sun is out. Now, what happened to the climate change gloomsters?
You've got to hand it to Limp Opek. After his cheeky girl dumped him (he touched her bum just one time too many) he has a new girlfriend.
This time, even younger at 21. An underwear model no less.
He says: "It's a meeting of minds". Hey you know, he may just be right. Anyway it never did the Italian PM any harm.
Looking forwards to Dragons Den tonight but worried about Deborah - no-one wants any money from her even if she offers. Will she get an offer accepted tonight? Or ever?
If you want to bet on sport/Big Bro here's the sign up link, very large free bets for newbies: To open a Sporting account click here:
http://www.sportingindex.com/?tpid=6755
Do remember if you do bet you ought to treat sports spreadbetting as entertainment - and expect to lose! Also with spreadbetting work out what your max loss could be and make sure you can afford it! In other words if you say backed the favourite at 15 for a fiver and they come nowhere your max loss is £75.

Steve writes:
Your summer seminar I attended was a triumph in human endurance. Congratulations on your 12 hour marathon.

It was spectacular, hilariously entertaining and outrageously informative.

I used to work at the BBC and I have seen and organised many seminars. Yesterday was a great example of bringing the subject to life.
I know you know all that, but you deliver even more than you promise and the venue was fun too

Thanks Steve - I enjoyed it too but the gin and tonic at the end I enjoyed even more!

Sharelle writes:
Your summer seminar was just PUUURfect - well in my opinion anyway. just needed big puffy 60's cushions for us on the floor :)
Even without them though, they were the best seats.
It was invaluable to me as an absolute beginner, watching you research stuff and put some trades on.
Listening to the mistakes of others is so important too.
I think I understood everything you said. I shall test myself today now that my brain has had time to cool down to normal temperature.
I can't WAIT to begin.
I'm so very glad I waited until doing this seminar before beginning. I can see all the mistakes I hopefully wont make. If I make them, at least I will know and correct them.
Getting the set-up right from the outset is also so valuable. When to trade in an ISA or spread beting account or SIPP.
You have really simplified things beyond my expectation.
Thank you!! and for the chocolate and sweets - VERY much appreciated - and the lunch was excellent.

It was also nice to meet Mrs Naked Trader and would have been great to meet Baby Naked Trader - maybe next time.
Sharelle glad you enjoyed it. Mistakes will always be made no matter how long you have been trading.

As you say the main thing is to spot them fast and get out quick if one has been made.
Janice writes:

While sitting in the private banking room waiting to be serviced, I was looking at theCNN tv screen at Adrian

Finighan doing a report on trading. There you were being interviewed and talking about trading etc. I took down your information on the envelope that I had in my hand and made a mental note to check out your website. You did look a bit odd in your casual wear but I was impressed by the information that you gave during the interview.

I thought I would let you know that you were being viewed on tv "" on the tiny island of Trinidad in the Caribbean.

Thanks Janice - I usually avoid TV but Adrian is so nice I did it. re my attire I suppose wearing a heavy metal TV shirt when I'm not even into heavy metal was a bit odd - I guess I was trying to help as everyone else they interviewed was bound to be wearing a suit.

I don't even own a suit and have no intention of ever wearing one ever again! That's the joy of being free! Bbut next time I do anything for CNN I shall wear my favourite T shirt with birds on it. Then I can look like a crazy hippy instead!

Jim writes:

I just wanted to let you know how much i enjoyed your seminar on Friday, the day was
superb.Your energy and determination to fit in all of your subjects has to be applauded
its easy to see that you love trading and every thing connected with it. I now feel more
confident about selecting possible shares to trade, I can't thank you enough.
Many thanks to you and Elizabeth for a lovely day.

Thanks Jim and thanks to all of you who came who wrote nice things. Made the day very rewarding for me.

I have 3 great offers from ADVFN. First great deal: If you want level 2, though me it is only £299 for your first year including VAT!
This compares to £360 PLUS vat from ADVFN direct (£423) so this deal saves you over £100! ADVFN level 2 also includes all the live trades made through Plus Markets which I find invaluable.
To accept this great deal just e-mail me at robbiethetrader@aol.com with "Level 2 offer" in the subject line and I will tell you how to get it. Level 2 for only £299 for a year (including vat), or under £25 a month!!

Deal two is ADVFN's bronze subscription - normally £60pa - available from me for only £40! That's a saving of £20! You get access to the premium bulletin board which contains my discussion forum with direct access to chat to me and some very good traders.
Plus you get ADVFN's premium top lists which I talk about in my book and think are a must for finding great stock picks. That includes great lists like ex dividend dates, market maker buys plus chart breakouts and downs.
To take up the offer, e-mail me at robbiethetrader@aol.com with Bronze in the subject line and I will tell you how to claim the deal.

Deal three is ADVFN's silver subscription - for those of you who want all the benefits of Bronze AND always on real-time prices.. no more using the back button and getting frozen out!

The deal is via me you can save £30 for your first year by paying just £138.06 inc vat via me instead of £167.47.
Just mail me at robbiethetrader@aol.com if you'd like this deal with "silver" in the subject line.

Want to try out broker Selftrade superb trading system for no risk? You only have to trade once to get £50 bunged into your account! You get £50 and I get £50.
All deals are just £12.50 with no funny small print. They also charge £35 plus vat pa for all accounts. Follow this link...

http://tinyurl.com/57hp4n

Well, would you have believed so many updays in a row?
Of course the problem is with the rise we've had recently is people get nervous and everyone will probably try and take profits at the same time!
Still everytime the market heads down it gets bought up again - fascinating.
I'm a bit confused having ended up buying things live at the seminar that I hadn't expected to but in one or two cases level 2 looked really strong!
I bought Hornby (HRN) - 3,000 shares at 126.9 . I found this one late on in the day live at the seminar - hadn't come across it much before. But the figures look good so I bought first thing Monday.
I really ought to know this one as it's involved with Thomas the Tank Engine and goodness knows how many Thomas products I have bought for Christopher!
It's won a pretty decent contract to make a huge range of products associated with the London Olympics making everything from trains to models of London taxis. I just think this company is sitting under the radar and the potential of this contract win is just not in the price yet. It also means there will be tons of announcements regarding Olympics and there are all kinds of licensing opportunites.
Even better the first products will go on sale from this Xmas. So, I'm looking to hold Hornby probably for at least a year for a hopeful 50% gain and the dividends with potential for even more Target 200 stop 120.
Another share I really like is Dialight (DIA) and I've bought quite a few at various prices - I got some at the then sell price of 144.25 using direct market access and I also bought 2,000 live at the seminar at 150.
It makes led lighting which is coming into favour across the world - the best thing is though is it is starting to announce contract wins from the USA.
In particular some states are taking a liking to Dialight's LED lighting for traffic lights because they
save 90% on each signal which is some saving.
States are getting money from the US government to switch and if Dialight continues to win these orders the share price is going to begin to look substantially undervalued and my thoughts are it's likely some more contract awards will be announced and continue to push the share price up to at least 200p initially.
Again there is also an excellent dividend with this one and indeed it goes ex dividend next week so I will get that quite quickly!
My view here for Dialight is to tuckaway for six months for a very decent upside. Target 250 stop 120.
The Times wrote about Dialight on Tuesday and said "Buy on weakness." Trouble is there isn't any weakness at the moment!
I also bought Celsis again (CEL) live at the seminar, 1,000 at 187.5 simply because I was teaching level 2 and timing and the share looked so good at this price on timing judgements that I teach I had to buy some! Worked out so far as the price has been gently rising ever since.
Finally a little gamble! A risky punt which is all that it is! Unusual for me to "gamble" in my ISA but Styles and Wood (STY) looks interesting - it fits out stores and obviously got very badly hit with the recession. But it recently raised some money and there is buying interest here so it's less likely to go bust. So I've hopped on - however it could still run into trouble so it is really is a gamble and with any gamble it could run into trouble. But anyway I bought 15,000 at 28.47 - wish me luck. Target 50 stop 23. If it goes bust I'll just have to bang my head on a table and then re-read my own book.
I sold Lamprell at 114 to bank a profit of £87. My reason for quitting is the share's inability to rise above 116 even on good market days.
Live at the seminar I banked some nice spreadbetting profits on Wellstream - made around £3,500 profits from this which I hadn't published on the site.
I also sold the website holding at 559.17 to bank a profit of £526. Reason? Target well and truly reached and with sellers coming in to take profits in this area I decided to bank. It seems to be falling into a nice 510-580 trading range and it's coming down to buy territory again.
A few interesting shorts came up at the seminar. Out of those I shorted French Connection (FCCN) - even through the company has cash so unlikely to go bust it is so out of favour for shoppers. Shorted for £50 a point at 46. Target 30 stop 52.
I also shorted Capita (CPI) at 684 for a fiver on the basis defensives are out of favour. A short-term trade only with a target of 650. Stop 705. I'll be out fast of these shorts it they go wrong.
Elsewhere the portfolio maintains its excellent run with big profits sitting there still in most of my holds.
Most interesting right now is BTG which I've held for a long time from the 120s - some really good buying has been coming in lifting it quite a lot and I wonder if something good is on the way!
Also longer-term hold XP Power is showing a lot of strength in the run up to results next week and profits building well. Bid hope Porvair is starting a climb again. Carclo begins a run.
New Brit has climbed well since the add on spreadbet - results due shortly and fingers crossed
Little ganble Aminex isn't moving much but still looks like little downside and plenty of upside.
Microgen went ex dividend today for a penny and so that's banked though it obviously went down a penny as it should.
Recent average down Asterand is also slowly starting a move up - I do think such a promising company deserves a higher rating but it is hard to value. However some good buying coming here and 30p needs to be breached for bigger upside.
Petrofac continues to defy gravity. I now have profits of roughly £7,000..it did struggle to hold 800 and has come back some but I do think 1000 is achievable with patience which would mean another treble for me.

My two banks Barclays and RBS still go well for me with profits of nearly £9,000 on those. Winner of biggest current profit is still Heritage where I sit on profits of more than £10,000. RBS in particular appears to be gaining a lot of strength.

Alterian has doubled and holds onto those gains. Only Chloride currently has a yellow card! Booker's been a bit slow but at least holds well.

Recent buy Intel Telecom (ITL) has soared since my buy and some handsome profits there as it heads up hopefully towards my 100p target. It tried and couldn't quite conquer 90 but hoping it will try again.

All in all still very happy with things and at this stage of the market just starting to stick the odd short or two on for the first time. It is going to be a very interesting summer!

I've been getting e-mails regarding my use of direct market access and who I use. I've tried a few and for me the easiest system for me is here:

http://www.igmarkets.co.uk/?QPID=1079&QPPID=1
Direct market access means you can place orders directly onto the order book bypassing brokers and market-makers with a chance to buy at the "sell" price. I would suggest you ensure you know what you're doing first but IG does provide much education with its "tradesense" educational tool which comes with it.
I also use its spreadbetting service too along with other firms like Tradefair because it now provides trailing stops which to me is a pretty sensible way of trading. Link is here: -
http://www.igindex.co.uk/?QPID=1078&QPPID=1

that also includes a pretty decent educational programme. As usual before opening accounts please read all the warnings on the sites. You can lose a lot of money if you're not careful so pay close attention to them and make sure you always understand what you are doing and what your potential losses are.

I've also started using Tradefair for spreadbetting - I like the auto generated stop losses which help to maintain discipline and that's good for beginners I think. And exclusively for Naked Trader readers they upped the offer to £100 credit AND a moleskin trading diary!!

So there's now a £100 credit on offer for anyone opening an account via me. You get that after 2 spreadbets (terms and conditions apply).

To get the offer, click here:

http://promo.tradefair.com/nakedtrader100/

If you want to get the contents of The Naked Trader website into your mailbox instead of waiting for the update to come through, plus exclusively news on the progress of my SIPP from the old Sunday Times column inc new higher risk Aim buys made for that, e-mail me at robbiethetrader@aol.com with SIPP in the subject line for details of how to get it.

Want to quit the rat race? Try and start a new source of income so one day you can tell the boss to stuff it? You could do what I did to escape my grotty office job and become an independent distributor for the Utilities Discount Warehouse.
You get to sell great broadband, phone packages and energy to friends, relatives, contacts and anyone else you find and you get cash for each sale but more importantly you get a cut of their spend EVERY MONTH for as long as they are a customer!
It's called residual income and is a far better way to enjoy a ripe old age than relying on a pension. Because even after you stop selling the money STILL comes in!
I still get paid EVERY MONTH for sales I made back in 1999! Every time a customer uses broadband or the phone or switches on a light you get paid.
It's a great business and backed by a stock market company (Telecom Plus), a dedicated team of advisors.. and me to help you on your way!
Not only do you get paid out every month for each customer you can take on distributors. encourage them like I do and get paid on their sales as well.
One day, say you could made redundant, needed a year off or wanted to retire early can you imagine what joy it is to have the regular income coming in. It's wonderful.
You have to work at it, but if you do genuine repeat wealth could be yours. I did it. You can too. For full details, why not email me at robbiethetrader@aol.com.
An overview is also available at http://www.telecomplus.org.uk/fabdeal you can sign up directly there but do tell me!
****
Trade tables follow! Trades are current open and recently closed trades. Closed trades feature the closing price and the amount I won or lost. All others are open. Trades get updated a little later than the narrative. Trading costs are ignored, however I also do not add in dividend payments and with the kinds of companies I buy, dividends tend to equal or outweigh costs. Spread rollovers ignored for web purposes. Tables as accurate as poss however a mistake or two can creep in and very occasionally if I forgot I sold or bought something it will be added at a later time.

Trades first reported Weds and Fri afternoons under "Markets" section.. afraid I can't do live trades as that would turn me into a tipster and I'd have to be regulated!