OCTOBER 13, 2016
A real social whirl
Next Update Nov 3Rd
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BEGINNER/IMPROVER SEMINAR: SPEND A DAY WITH ME AND LIVE MARKETS
NEW DATE FRIDAY NOVEMBER 11TH Near Heathrow
OCTOBER IS SOLD OUT
If you want more than the book and see me do it live, come and spend a day with me and live markets. (beginners and improvers welcome). If a beginner there is guaranteed no jargon!
See trades from my own accounts, research, level 2, and finding great shares from scratch and tons more. Three course lunch, snacks, drinks ,lots of chocolate, banter and fun with me live all day. **Best Financial Educational Provider, International Finance Awards.**
Email me at robbiethetrader@aol.com with "Nov seminar interested" in the subject line and I'll send you details. There is decent early bird discount on offer.
MY NEW PSYCHOLOGY BOOK "TRADE LIKE A SHARK" IS OUT!!! DISCOUNT OFFER:
The book covers things that can go wrong, how to fix them. How to stop bad habits, gambling, trading with a clear head. How not to panic, managing trades, trading in a down market.
Also how to tackle the 8 deadly emotions, figuring out what sort of trader you are... tackling fear, greed, ego, danger zones and traps.
Everything really comes from hundreds of traders I've met or had conversations with - whether a beginner or advanced.
To buy Trade Like A Shark at £12.25 plus p and p use this link
https://harriman-house.com/tradelikeashark
Use code NTSHARK at the checkout. The E Book is free with the print version.
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£50 or £100 off Stockopedia and free trial
Stockopedia is indeed like a stock market encyclopedia and a great place to scan for new shares to buy, check out fundamentals, discuss on a sensible bulletin board. Each share gets a ranking, you can use "guru" screens to find shares, there is even a stock screen loosely based on my criteria! You can try it for free too.
For your £50 discount off UK sub or £100 off USA
sub and free 14 day trial you need this link:
www.stockopedia.com/nakedtrader/
I'm totally wiped!!
After a seminar, a follow up seminar, a massive book launch and lots more I must have met 100s of people.
Right now I fancy three days on my own. My voice has nearly gone, I've got a sore throat and a cold.
But did I enjoy it all. As Ed Milliband would say "Hell yes!"
Had an amazing boat party to celebrate the launch of my new book "Trade Like A Shark". We motored down the Thames for all the sights.
Enjoyed two fantastic comedians - played the most competitive adult musical chairs ever and then danced the night away.
The day after still almost comatose and aching like crazy from the "dancing" made it to the very entertaining American Football game at Wembley to see the Jackson Jaguars win.
Not that the game matters, I don't even understand it as it's like very slow rugby. It's the entertainment that matters, every 5 minutes something fun is happening. We also saw Robin Thicke play. Great fun!
This should happen with football too! Play in ten minute bits and have singers, dancers and entertainment in between. Who cares who wins? We're here for the fun!
Had a brilliant time at the two seminars. Lovely set of people on Friday, many determined to succeed. It's easier to teach beginners, bit harder getting improvers to change their ways though I think I succeeded here and there..
Always nice to see many old friends at the follow up on Monday - many had been to four or five, some to ten! Indeed a big hi to old stagers Jeff, Fiona and Janice.
All the best to the four of you who attended both days and came out unscathed I think. And thanks Brian, good to know I'm not a boring bastard!
Both hotels did some amazing food. So good there were lots of second helpings, I could see! I also ate a ton of the chocolate waffles... Lunch was brilliant at both and thanks to those of you who brought Yorkshire Tea so we had that throughout!
Again thanks for the lovely feedback... Some of you told me you really sold your **** that is fantastic. Sometimes you just have to start again. Also many of you now get "supply and demand" and level 2. Good luck, or should I say skill to you all of you!
If you'd like to spend the day with me and live markets the next is Nov 11th, details around the site.
Our school has a two week half-term (I know!) We were vaguely tempted to head for some late Spanish sunshine but we opted to visit some relatives in Ireland instead for a few days.
Of course it will rain the whole time but me and the Mrs are booked into a lovely castle while child stays with grandma.
So I imagine some nice log fires and some wintry walks and some relaxation after all my socialising...
It'll be my birthday while we're there, hey maybe I'll get a surprise party! How old am I.. what the hell... can someone get me a zimmer frame?
When the oldies tell you life is short when you're 20 you go "Yeah course it is..." Right now I really realise how true it is.
Make the most of every day folks !!
Don't be horrible and try to spread some happiness. If you're been rotten to someone or trolled them, ask to be forgiven.
Seminar news: New date NOV 11TH
Mail me at robbiethetrader@aol.com with "Nov seminar interested" in the subject line.
There is a decent early bird discount.
Beginners and improvers welcome! Come and spend the day with me, the markets and some lovely people - and of course, lunch, lots of sugary snacks, and even live chocolate waffle making in the teabreak!
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!
Here's some feedback from from "D"
'It's obvious from his site Robbie Burns is a good market analyst and shrewd stock-picker. He is also a highly opinionated commentator on everything from TV shows to food. Therefore I expected his seminar to be 75% entertainment, 15% general exposition for beginners and-- if we were lucky-- 10% of something I could use to help me invest. But I could not have been more wrong.
The opinions on food and politics etc. though genuine, are I believe a bit of disguise or misdirection for there is a real touch of rebel genius here. And in the seminar, which is 95% hardball, he actually takes you candidly right into the mental process involved in his successful trading, making it a pretty amazing display, even showing his own investment accounts right there on the screen. You can see at once why so many of us are merely stabbing in the dark with our investments.
This is a genuine coaching session in how to trade like him if you put in the graft. I have only bought one stock since, as I am waiting for the tools he recommends, but I got the price down by using his tactics and I cannot recommend the seminar too highly if you are going there to learn. It must be taxing on him to let us at such length and in such detail into the process, which has made him so much money (for--unlike so many other so-called experts the seminars are not a day job). My advice therefore would be to sign up for this while he is still prepared to do it.'
**Website Updates To Your Mailbox
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When I left my full-time job to trade it really helped having another income: this I got from part-time selling energy and phone services to people and getting a cut of their use of their home services forever! I still get enough from it now to pay all my bills. I am a great believer in multiple incomes and this is a great one in my opinion as anyone could do it.
If you'd like a second part-time income click here
http://www.utilitywarehouse.org.uk/237058/opportunity
This will explain what you can expect to earn and how it all works. If you sign up there you'll be under my wing. Any questions just mail me and if you sign up please let me know.
I use IG Index for betting on the very small companies, the only spreadbet firm I can find that does the smaller ones making it possible to trade AIM cos tax free.
To sign up and get an excellent weekly education programme use this link:
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 £174 inc vat via me instead of £208.43
Just mail me for full details if you'd like it with "silver" in the subject line.
Naked Trader Seminar Latest News
NEAR HEATHROW
OCTOBER 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 open for the new date Naked Trader seminar on Nov 11th
Price is £650 plus vat. However there is a substantial early bird discount on offer. Mail me for details.
That includes three course lunch, coffees, snacks etc.
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 "Nov 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!
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?
Capital offer
Its spreads are surprisingly tight and interestingly an automated stop loss is applied to each trade - so beginners know what their max loss is from the outset. A super site for beginners.
I use IG Index for betting on the very small companies, the only spreadbet firm I can find that does the smaller ones making it possible to trade AIM cos tax free.
To sign up and get an excellent weekly education programme use this link:
If you like to trade the FTSE, Dow, or currencies then Spreado has an outstanding tight 0.8 spread - that is incredibly tight. The platform is very good and robust and have used it to great satisfaction and profits.
You can sign up at this link which includes a decent market commentary:
http://www.spreadco.com/nakedtrader
Naked Rambling
"Good morning!" (massive clap). "Thanks to....... for everything" (Huge clap). "It's great to be here!" (clap).
At all the conferences the claps must have lasted longer than the actual speeches.
Surely we can take it as read it's a home game, the audience are all fans and we take clapping as read.
Theresa May certainly seems at the top of her game, no wonder she has a 17 per cent lead over Labour.
What a total joke the new "front bench" is.
None more so that the awful Diane Abbott - the papers report she spends most of her time dozing in the House of Commons. She hasn't got a clue.
If she was our home secretary for real, I'd be off and live somewhere else. It's crazy that Clinton and Trump really are all the US has to offer as leaders.
That's like us having Lord Sir Alan and Cherie Blair battling it out here. I guess we have to hope Clinton wins or else the markets will sink. Better the kind of devil you know than the Trump you don't.
At last some new decent TV has arrived. And as usual it's on Sky Atlantic. Frankly from now on if it was the only channel I'd be fine. It just shows the best shows!
Comedywise "Divorce" on Atlantic is like a Sex In The City for those in their 50s. It's a bitter sweet comedy with a point well played.
Biggest hit for me at the mo is "The Night Of" on Atlantic. Super thriller with good touches of humour with some well-rounded characters and a whodunnit with lots of suspects. Of course no doubt it won't end up being any of the suspects...
And again on Atlantic it's "Westworld" which is a bit sci fi about a future amusement park set in the old wild west where you can, ahem, role play and either shag or kill robots that are lifelike... (I think I'll go for the kill bit.. I would like to make a joke about the shag bit but that would see this email going straight to your spam folder..)
The Apprentice is back with A.Sugar enjoying his grumpy old git role.
His cronies are pretty hopeless. What happened to Claude? Lord Sir A has turned him from a rottweiler into a poodle.
Come on Claude, what happened? Stop being scared of Mr Grumpy or maybe you need the money? Anyhow it's the same old stuff.
Total planks paraded for our entertainment. It goes on for too long now, they should cut the number of episodes as I'm fast forwarding quite a bit these days.
Strictly Come Dancing has had it once Ed Balls goes.
His childhood love nearly came to something but she could never marry him as her first name was Ophelia. You simply cannot be named Ophelia Balls.
Worst email subject line of the week I received:
"Touching base about possible synergies".
God knows what that means but I am all out of synergy, possible or not possible. (probably another dodgy fx company wanting to advertise on the website).
I don't care about a marmite shortage - but if this extends to Twix bars we need to urgently re-vote and stay in Europe..
Is there any connection between a singer's sudden interest in refugees and the fact she has a new album due out shortly?
Good place for spreadbets and fixed odds for sport is here...
http://www.spreadex.com/nakedtrader/sports
Good quick execution of bets and a great range of markets. Recommended!
Naked Mail
Dave writes :
I agree with comments about Dr Who and Breaking Bad. I used to enjoy Dr. Who years ago but I think it's worn out, it's all about celebrity now, like everything else on telly.
I recently was enjoying the Sopranos a friend let me borrow (fascinating story lines) and my son Rob in Australia (an irrelevance to you of course), he said if you like Sopranos you'll love Breaking Bad. Wow was he ever right. I got the full set from Amazon (apart from the last season). I'm having to eke it out it's so brilliant I don't want it to end, that's the sad bit. What about the uncle in the desert in the wheelchair with the bell strapped to the arm of the chair, the missus and me just fell about and many more just brilliant set ups dragging out every emotion.
Agree Dave, love Breaking Bad. Only five to go for me and I won't spoil what happens for you except it gets more and more addictive!
Gary writes :
"For throwing your heart, soul and energy into one fact-packed, full-on and exhaustingly educational day: FIVE stars with no hesitation!!
Met some really nice people too - like me, nervous that it was the most we'd ever spent on a whole day of anything (had we made arses of ourselves?) But no one felt short-changed, especially when you were still going strong when we all wanted to go to bed! One of your delegates, Susan, back for a second time, said to me unequivocally, "you will go away absolutely inspired." I can't disagree.
Thanks Gary, hope you make some money!
Duane writes:
Wanted to say a big thank you to you and Mrs NT for an amazing day of learning and fun at your seminar.
The way you explained the share trading from start to finish was understandable and really interesting, well worth the seminar fee!
It was great to hear such down to earth and honest assessment from a successful trader like yourself. The way you explained everything was good revision from your book and gave further insight into successful share trading.
I particularly liked your live trades and going through your accounts when you gave snippets of why you invested in certain shares and why you kept/dumped them. Also helpful was the way you searched for prospective shares and within minutes discounted them or put them on a short list for further examination and correct entry points. Amazing!
You could really tell that you loved doing what you do and your energy levels to keep going till 10pm was well....... I had to leave at 9pm I was shattered!
Thanks again Robbie I am keen to put into practice what you have taught me. Even though you make squillions from your trades and I am sure don't need to do the seminars for financial gain, but please keep doing those seminars for newbies like me!
Thanks Duane! Don't expect to be doing them foreever but very rewarding for me to help people so expect to carry on for a while longer.
Gabriel writes:
If you are reading this, you are perhaps considering going on one of Robbie's Seminars. You maybe asking yourself (like I did) the testimonials are all well and good but once the euphoria and excitement of attending a Seminar has died down ..... and I am back home in my normal routine and faced with the "graft" of putting it all into practice... will I become a better trader and be financially better off?
Let me tell you that in my case it certainly has!
Book your place pretty sharpish....... is what I say !
Thanks Gabriel!
Terry writes:
Fantastic seminar.
I have always been sceptical of the public testaments you see on web sites
saying how great an event was. Now I'm one of those people!. I
genuinely believe that the tips and techniques as well as the overall
approach you demonstrated will radically improve my trading performance
Thanks Terry, well all the testaments are real but know what you mean and glad you feel it was worth it!
Dan writes :
'It's obvious from his site Robbie Burns is a good market analyst and shrewd stock-picker. He is also a highly opinionated commentator on everything from TV shows to food. Therefore I expected his seminar to be 75% entertainment, 15% general exposition for beginners and-- if we were lucky-- 10% of something I could use to help me invest. But I could not have been more wrong.
The opinions on food and politics etc. though genuine, are I believe a bit of disguise or misdirection for there is a real touch of rebel genius here. And in the seminar, which is 95% hardball, he actually takes you candidly right into the mental process involved in his successful trading, making it a pretty amazing display, even showing his own investment accounts right there on the screen. You can see at once why so many of us are merely stabbing in the dark with our investments.
This is a genuine coaching session in how to trade like him if you put in the graft. I have only bought one stock since, as I am waiting for the tools he recommends, but I got the price down by using his tactics and I cannot recommend the seminar too highly if you are going there to learn. It must be taxing on him to let us at such length and in such detail into the process, which has made him so much money (for--unlike so many other so-called experts the seminars are not a day job). My advice therefore would be to sign up for this while he is still prepared to do it.'
I have 3 great offers from ADVFN.
ADVFN level 2 offer
This compares to £ 567.60 direct from advfn so this deal saves you £147.60! 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 gives you access to all the market maker positions and the order book and I would not trade without it! More on level 2 in my book and I spend hours on it at my seminars.
ADVFN Bronze Offer
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.
Bronze is included inside the level 2 deal.
Advfn Silver Exclusive Offer
The deal is via me you can save nearly £35 for your first year by paying just £174 inc vat via me instead of £208.43
Just mail me at robbiethetrader@aol.com if you'd like this deal with "silver" in the subject line.
Markets
EMAILS: I do beg you not to send me emails asking me for advice on a particular share. It isn't legal for me to give you individual advice and all I do is send you a mail saying that, which wastes a lot of my time and yours too. This includes asking me what to do with a share, what I might "think" about a share, or deconstructing any of the buys I mention here. I would be grateful, see FAQ for more on this. Of course more than happy to answer general questions not related to specific shares.
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COPYING TRADES: I can't stop you from copying a trade I made but remember the price may already be a lot higher than I paid indeed I hope it is as buying at good prices is what I do for a living. You may be buying at the top and could easily lose money. Also I can make terrible mistakes and have done in the past. I could also sell before you or before the share tanks. I may still be holding in a year when you sold at a loss. Always do your own research, don't jump in blindly. Market makers are very clever at knowing how to make you pay top dollar and then push you out at a loss. This site is about sensible investment and learning how to trade sensibly and is not a tipping site. Beware. Never push buy on anything till you've done proper research and got yourself a sensible price.
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Markets
New offer: £50 or £100 off Stockopaedia and free trial
I rarely do offers - Forex companies in particular offer me eyewatering sums. I turn all this down as I would never put out an offer for a company where I think my reader will 95% likely lose, or be taken for a ride.
Having had lots of mails from people using Stockopaedia and using it myself I am 100% confident.
Stockopedia is indeed like a stock market encyclopaedia and a great place to scan for new shares to buy, check out fundamentals, discuss on a sensible bulletin board. Each share gets a ranking, you can use "guru" screens to find shares, there is even a stock screen loosely based on my criteria! There are strategies based on ideas from top investors.
There is lots more really fantastic material and I believe access should help investors and I now use it myself.
For your £50 discount off UK sub or £100 off USA
sub and free 14 day trail you need this link:
www.stockopedia.com/nakedtrader/
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SEMINAR new DATE
There is a NEW date: Nov 11th Plus an early bird discount mail me at robbiethetrader@aol.com if interested.
** Next Update Nov 3Rd**
The market has certainly changed since brexit - you always have to be aware of change and change strategy if needs be.
At the two seminars Friday and Monday we discussed this a lot and I am currently working my way through my portfolio. I have more than 65 stocks so it takes some doing! (I have to have that number due to size of pot).
Which stocks stand to gain from a weak pound and which might lose?
I'm no accountant so just going through the last statement from each co looking at what they say about it. It looks like a weak pound is here to stay for a while. Some shares are going down and some are going up dependant on how the market perceives its currency risk.
Some are hedged but what about next year? It's time to be ruthless and ditch shares that are going to continue to be under pressure.
The hardest thing with share trading is be prepared to ditch shares you've come to like.
If sentiment or conditions have changed action must be taken and shares sold. Again at seminars I have met people who just won't sell losers or shares they are in love with and this is the road to losses. (See my new book "Trade Like A Shark" for more.
So overall current strategy is caution. I've raised quite a bit of cash, topsliced here and there, cut exposure to any leveraged spreadbets and repositioned.
Care is simply needed at the mo and the buy button should only be pressed when sure.
Any new buys will come under my new fairly strict "get out quick" policy if they start to go down and new buys only made when I can see a lot of buyers on level 2 and even better if I can bag the sell price using DMA to get a trade off to best possible start.
Just a word for those who came to seminar/s ! I managed a nice gain on the live short on Boo from 116 through to 104 (didn't manage to get the 100 but as we said on the day the target was 105 and a lovely quick money maker)!
And a trade I didn't put on the site as I thought too high risk was a short in QP. which has made me more than £5,000 - I took some profits live at the seminar but just to let you know holding onto the rest of the short and put a stop in at 50.
So onto buys first.
We looked at Photo-Me (PHTM) at the follow up seminar on Monday as it had gone down and we figured it was selling after a massive dividend payout as stops got hit and others sold thinking something was wrong.
Indeed can be a good strategy to buy a share a couple of days after a big ex div. I bought on direct access at the sell price. Great management at this company and a massive cash pile hence the large dividend just paid out. Always a lovely buy on any dip. In for longer-term.
I've bought some Hollywood Bowl (BOWL) - Like the look of this one - it's the largest ten pin bowling operation in the UK.
Customers seem very happy indeed a number of people who came to the seminars said they had been and loved it.
A lot of the revenue comes from one armed bandits and the food and drink offerings. The menus look good, designed to please customers but also offer good mark up. Looks like they are going to buy up others.
Refurbishments pay off attracting more revenue and they are going to refurbish a number. I reckon there is a lot more profit to go for here and my intention is to buy, tuck away in ISA and forget unless it tanks or something goes wrong.
I got mine at the sell price using DMA (come to a seminar to find out how to do it!) getting 2,000 at 165.25 Strike!
A trading statement yesterday showed the company is nicely on track and I was bowled over by it so bought a few more higher around the 170 mark. I think 250p within a year plus divis will do me.
I like the look of tiddler LPA . Profits are heading higher and they seem in a good state with the shares looking cheap. And I do like buying shares that have great statements and I love this sentence from LPA:
"Further to our previous statement which confirmed we entered the year at a gallop LPA is now able to confirm it is still galloping and that current market expectations for the year as a whole are likely to be exceeded." I love buying statements like this as a good chance next results are going to be good, pushing the share price higher.
A small company but one that looks like it is going places. However as it is small I am always aware not to buy too many otherwise selling them could be hard.
I talked above about getting into companies favoured by the weak pound and out of those that aren't. Here's one that is favoured.
I've bought some Burford Capital Group (BUR) - a finance firm focussed on law - and this one keeps going up. And it is a big beneficiary of the weaker pound.
It looks wonderful: every figure here is booming upwards and there doesn't seem much to stop it going up. However given the rise I will be ruthless and out fast should it go down.
Tritax Big Box (BBOX) continues to look a wonderful long-term hold. It's got a great market, excellent management and keeps on raising money and spends it well.
I've taken part in the new BBOX share offering and asked for more too. Let you know how many new shares I got next time. One for the bottom drawer and enjoy the dividends.
I've shorted a few shares (bet on them to go down). These short ideas are short-termish ideas and bear in mind I may already be out by my next report. I'm just saying. All done as apreadbet shorts (betting to go down)
Devro (DVo) is helped by the weak pound. It makes sausage casings but its last report looked like a pig in a poke. Massive debt (more than 5x profit) - and weaknesses in many countries including Australia and China means I can't see where any massive growth is coming from. I think it should be rated nearer 200p than 250p.
Mysale (MYSL) is another I have shorted. Nothing wrong with it actually - it's just that the market cap has got way too high compared to its actual figures and even forecast figures. It's one I'd consider buying at some point - but for now it looks a bit high and think it will head down for a bit.
Smart Metering (SMS) looks too high on my metrics so I have also shorted that one - looking for about 40 points dip down on this one.
PZ Cuzzons (PZC) has had a good run but now looks overdone and a fall likely imo. It's not doing badly but I can't see where any extra growth is coming from and Nigeria where it does a lot of its business is still challenging. I think there is downside.
Nothing especially bad about the above four - just too high for now I think.
And I've also shorted some FTSE 100 - it has been hitting highs so seems worth a go around here. If it heads up through highs I can always quit. But a short in the 7000s for now could pay off though of course weak pound helps many companies so I may have to end up with a small loss.
As I mentioned above shorts are tricky things and I tend to get out fast if they start to go wrong. So I imagine these shorts for now as pretty short-term - if they get into any decent profit I'll stick stops on at break even so I can't do too much damage because with a short potential losses are unlimited!
I've taken profits and losses on a few trades. Part of the reason is to go more into cash but the other reason is market just doesn't like them. If I buy a share and it just doesn't go up within a few days I get suspicious of it and now tend to quit fast at breakeven or small loss/profit.
I had bought into the motor sector because it looked so cheap but you have to be prepared to change your mind when the market doesn't agree.
All shares in the sector looks cheap but market feels brexit will stop the buying of cars as prices will rise. I don't agree but no point fighting for the moment. Yesterday Vertu produced a very decent statement but the market still is worried.
So I am out for the mo so Look has gone for a profit of £1,012 and Motr for a profit of £81 . At some point soon I suspect sentiment will change and will look to get back into the sector especially as no surprise if one tries to take over another on the cheap.
With the currency drop despite looking cheap, and despite buybacks and tips the CCT shareprice refuses to go higher and so I have sold for the moment taking a profit of £895. Again you have to be prepared for mind change (confirmation bias see new book) and the market thinks it will pay more for product. Shame as I do like it. Share buybacks should keep the price up and I expect to be in again soon, especially on any quick dip.
The airline sector is in crash mode on the lower pound and so I quit Flyb for a profit of £451. Again the sector will recover but it would be brave to try and find the turning point - would rather wait for an obvious recovery before hopping on board. I sliced some more Fran for a profit of £1,510 - will hold the rest longer-term unless it tanks. Sold half Sct for a profit of £208. All that has raised a lot of cash will I'll leave on the side for now.
Some shares in the portfolio continue to climb they include BBOX, Osirium Tech, Dignity and a dividend too, Cyprotex. ETO continues its mega rise. Yu Group up well and expect long-term hold with nice dividends.
NCC is on a big kick upwards. GVC has risen massively which is great as I topped up a couple of weeks ago as reported here. Total Produce really going for it. Shorts in EMis and AA going very well though I'm getting closer at the taking profits stage on both.
Starter Seminar: Nov 11Th
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** Two Newer Spreadfirms I Use
It is hard to find a firm that does prices on the very small companies but this company does:
http://www.spreadex.com/nakedtrader
It does spreads on smaller ones other companies don't like Xeros so worth having an account for that, been using it for a while and very happy so far. They also have an Ipad offer at the moment which is on that link.
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If you like to trade the FTSE, Dow, or currencies then Spreado has an outstanding tight 0.8 spread - that is incredibly tight. The platform is very good and robust and have used it to great satisfaction and profits.
You can sign up at this link which includes a decent market commentary:
http://www.spreadco.com/nakedtrader
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I also use IG's spreadbetting service too along with other firms. Great execution of trades and nice trailing stops which to me is a pretty sensible way of trading. Also with this link there is an excellent education programme and it offers the biggest range of smaller shares.
http://www.ig.com/nakedtrader
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.
Capital Spreads offer
To get the offer, click here:
http://www.capitalspreads.com/ntrader
E-mail subscription service
Telecom Plus Offer
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.utilitywarehouse.org.uk/237058/opportunity you can sign up directly there but do tell me! (Click earn with is then sign up now and follow links)
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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 in the diary under Markets every other Thursday afternoon.