more than £2 million banked since launch

16 Feb

FEBRUARY 16, 2016

A win at football


Next Update Friday Feb 26


**** New Seminar Date

SPEND A DAY WITH ME AND LIVE MARKETS
ON MONDAY MARCH 21-
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). 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.
Email me at robbiethetrader@aol.com with "March seminar interested" in the subject line and I'll send you details. More details also if you press the seminars button above.

There's a decent early bird discount off full price.

FOLLOW UP: Mar 14 follow up if you have been to a seminar before, a day of live trading with me, inc research, level 2 and searching for trades mail me with follow up interested...


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.

Stockopaedia 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/



Next Update Friday Feb 26

Thanks to all of you who came to a packed out seminar.

There was a great atmosphere all day.. we had a laugh especially the bit where we had an internet "conversation" with a member of staff at a company we were looking at.. (you had to be there).
Big shout to Jan for that wonderful piece of art and thanks so much to John for that amazing box stuffed with so many different types of choc bars - and we got through quite a lot of them on the day.
Thanks for great stories, questions and I think we covered a lot especially wha to do on a market slump and I hear some of you used the tools I showed you to make more than a few quid out of the FTSE fall, pleased to hear that - one of you indeed made a lot, so well done to you.
I can see a lot of you too understood the importance of level 2 and supply and demand and I know some of you are now using it happily. Best of luck with it all and thanks for some lovely feedback from the event.

The hotel did a good job too with a very nice lunch and snacks.
Thanks to Ben from Stockopedia for taking me for a lovely lunch at my favourite expensive restaurant. He was doing an interview with me which is on their site somewhere.
One of my very rare ones as I don't normally do them or appear anywhere but he talked me into it over the months. And I had had a lot of nice emails about the site which I now use.
He was a very lovely man indeed I thought though he seemed to find it hard to make a menu choice and it was refreshing to have lunch with a man who didn't know which wine to get, I am so used to strong alpha males who decide these things!
Ben's one of those people who radiates niceness and kindness and it was a pleasure to meet him.

He was rubbish at table football at my office losing 10-0 though I do have a good defence.

I don't think he tried very hard, probably trying to flatter me to get more info. Anyway I gave him a look round the Isas and spreadbet accounts. We ended up with a deal:
That is £50 or £100 off Stockopaedia and free trial

Stockopaedia 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. I think it's value for money and as it is subs only like my site, there are none of those irritating adverts!

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/
There is also an interview with me on it!

Half term is upon us and as a long-suffering football dad I am delighted. last Sunday we found the "away game" venue. It was basically a muddy field close to Heathrow Airport with planes landing overhead inches from our heads.
It was cold, rainy and windy and the mud in some places was ankle deep.

Yes you guessed it I was wearing new trainers... oh and the game was delayed for 45 minutes... mmm, nothing like standing in the mud for two hours. No football this weekend, terrific!
We have a new kitten, and what a delight! She is amazing, uses the litter tray, plays football, eats twice a day, doesn't nag...
And Christopher has become her favourite, she ends up on his bed every night and overnight.
She brings fun and joy to us all..loves her toys and is some character, she was really worth the wait.
Trying to pay larger amounts using bank transfers seems to be getting harder and harder. I tried to pay my tax bill.
Payment declined. I call the bank. Despite passing all security checks they tell me I will have to try and pay in smaller amounts. Oh and they don't know how much to try as they don't know today's limit!!
So, computer says I can't pay some of my tax bill even though the money is there and it is definitely me on the end of the phone!

It took many goes over three days with different amounts to pay it in full and probably I'll get £100 fine for late payment now.

I am done with transfers and I am using old fashioned cheques from now on coupled with cash. I have had enough of seeing "payment declined".

Goodness knows where it will all end but we must ensure we never see the death of cheques and cash or we could end up in a nightmare world of having money but not actually be able to use it!
I'm getting close to finishing my new book on trading psychology It is really hard to write and I can see why most people think about writing a book and then give up. I find I have to do at least a little bit every day or it will just never happen.

Though I have enjoyed writing it, it is a bit like having homework every day to do and I will be quite glad when it is done and dusted. Near the end is the hardest part, trying to pull all the bits together into a logical order. Anyhow you can relax and read it later in the year, probably be out in September.
If you would like to come to the next seminar the new date is March 21st- there is an early bird discount on offer, so please claim it.
Mail me at robbiethetrader@aol.com with "Mar seminar interested" in the subject line. (Follow up if you have been before is Mar 14th, a day of live trading for those who ahve already spent the day with me email with "follow up interested".

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.'

****
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.



Get My Updates And Free Lightbulbs Fitted For Life

Fancy getting the naked trader updates direct into your inbox? And a bit before it gets updates on the net including news from my pension trades made from my SIPP?

All you have to do is take a phone or energy service from the Utility Discount Warehouse you can order at http://www.jointheclub.org.uk/237058 - let me know if you do it.

Become a double gold customer and the company will change all the bulbs in your house to new led ones worth an average £500 and continue to fit them free for life!

I get some commission and you get the service! On top of that you ought to make some amazing savings on your phone, broadband, or energy use or all!

Prices are guaranteed lower than the top 6 suppliers for energy and lower for mobile, home phone and broadband with some amazing prices and great service from a UK call centre.

So save a few quid, and get my stuff in your inbox! A win win? Mail me at robbiethetrader@aol.com with "mail service" in the subject line and I'll send you details.

Spreadbetting firm Capital Spreads offers a great book on how to spreadbet for readers via this link http://www.capitalspreads.com/ntrader
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:

http://www.ig.com/nakedtrader

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 £145 inc vat via me instead of £173.71
Just mail me for full details if you'd like it with "silver" in the subject line.


Naked Trader Seminar Latest News

MARCH 21 2016 NEAR HEATHROW
(FEBRUARY 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 Naked Trader seminar on March 21.

Price is £650 plus vat. However as it is miles away there is a substantial early bookers 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 "Feb 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

Spreadbetting firm Capital Spreads offers a great book on how to spreadbet for readers via this link http://www.capitalspreads.com/ntrader
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:

http://www.ig.com/nakedtrader

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

Apple seems to grow more and more insidious every month. Now it appears if you get your apple I thing repaired by someone who isn't an Apple employee the phone knows and promptly closes down, oh and deletes everything!
I suspect with new products not taking off Apple will get more and more desperate to take you for a ride. (Disclosure: I have never owned a single Apple product and my life is just fine).
Expect more and more "upgrades", things that work for three months then stop, and let's not think about the kids that make the things.
I say let's go back! Let's use cassettes and play proper records! Let's have physical music again, it's a lot more fun and sounds better too. There was nothing better than browsing through records. "Browsing" on your computer? Not the same.
While I'm on an old fart rant (bear with me, I am enjoying it) often I think new tech ideas are so bad.
Yes, coming soon "films with feeling". They want to "stimulate your senses" of touch, taste and smell" when watching a movie. With "feelyvision". One cimema features moving seats and special effects like wind.
I just think eff off and let me watch a movie. The mind does boggle at potential applications. Porn? Did you have the same thought as me then? And what happens in one of those zany US movies when someone farts? Yes, zany movie.. in 4d Smellovision..
It is now predicted by 2050 it will be illegal for humans to drive cars - so in a way thank goodness I'll be an old pile of ashes somewhere.
All cars will be riderless as the health and safety brigade take over. Yes, we will all be controlled. No risk taking at all allowed as we all live in the same way. Very sad.
I stopped watching Celeb BB - it got really tedious with producers just winding up the contestants causing (I think) a lot of fake confrontations. Some bloke won it because all the girls fancy him - he came across like a dog on heat.
Let's split the thing into two different houses. Over 40 and under 40. The under 40s can watch the contestants get drunk, have sex and all that. The over 40s can watch much more interesting older contestants who have lived a bit.
Deutschland 83 has been the hit of the year so far for me TV wise, lots of drama but also lots of fun bits too, nice work even if reading subtitles can be painful at times.
Runner up is the one only watched by me and the Mrs as it is on "Sky Arts"
Called "Occupied" it's really brilliant, give it a try on catch up - it imagines a Russian occupation of Norway.
If you missed "The Americans" it is being repeated on ITV encore, really worth a look. On Netflix Better Call Saul the new series is about to be launched, yeah!!! And Making of A Murderer is an excellent documentary series on Netfliox
Meanwhile Amazon is showing "Mr Robot" - an excellent series - try and catch it!! Apart from one "dream sequence" episode why are they always rubbish!
Better Call Saul, the great Breaking Bad spin off is about to kick off again on Netflix, I am suire we will be glued to that.
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

First great deal: If you want level 2, through me it is only £420 for your first year including VAT!
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

Deal two is ADVFN's bronze subscription - normally £88.70 pa - available from me for only £60! (inc vat) That's a saving of nearly £30! You 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 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. All as explained in the book.
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

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 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.

****
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.
****


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.

Stockopaedia 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/
****


Next Update Friday Feb 26

OMG and other three letter things. I suspect a lot of bad language has been used by a lot of readers at the screen over the last week, me included.
Frankly it is almost completely bonkers !! I have seen bonkers before now especially in 2008 but really time it is ultimate bonkers.
The bonkers of bonkers. With new tech, leverage, and mad volatilty I have never seen so many sharp moves this way and that with billions wiped off market values often in just minutes.
Oh and then some billions added back on the next day just because somewhere someone said something..
I remember a couple of mad weeks in Aug 2012 as well.
With so many people using "leverage" - which really means they borrowed money they never had everything had to be sold to stop the bailiffs coming round to take possession of the latest Apple products.
Everything gets hit as the desperate get rid and so some valuations becomes silly cheap. But the problem is with all the desperation and all the robots and all the day trading and all the credit it is next to impossible while it lasts to stay a sane sensible investor.
Unfortunately to ensure one doesn't lose you have to take part which for me was some massive FTSE shorts in both spreadbets and ETF's in the ISA and I went through and sold part of a lot of things to raise cash though the very long-term trades stay in place.
Using hefty shorts, the idea is you can hold onto some longs, especially the ones likely to bounce back and topslicing most things leaves a big cash pile to take advantage when the last seller is finally exhausted. (There, there go to bed now while we sensible people can pick up some bargains).
The ultimate problem though is - how can you judge when the fear has gone and when you can go back to being normal again?
The answer is you can't and all I do is follow it as logically as I can. And during the melee all I generally want is not to lose for now. I can make money again once it turns. Capital preservation is so important and shorting can help.
But doing research for my new book on psychology, did you know hardly any private investors go short? They just can't do it, fascinating reasons for why which I have got from plenty of research which will be in the new psychology book out in September.
There is a lot in the new book on fear - to sum up the fear we have is hardly ever realised. For example the fear of being in a plane crash. I guess we fear losing all our money in the market and is shouldn't happen.
Turning to what I have been up to, I can't figure out what to say for the website.
That's because unusually for me I had to "trade" a lot during the volatily as mentioned above with lots of topslicing, shorting and then some buying back. I
As an experiment I left my sister's ISA alone, she doesn't care about it as she is a squillionaire and has it for fun (ok for some, right? She deserves it as she works hard for it) I wondered what if you did nothing at all during volatilty, come back in 6 months and see if you could have done nothing? Will let you know later this year!
But if you live off trading like I do, I can't really take that risk.

**
Next seminar with me is March 21st for beginners and improvers mail me at
robbiethetrader@aol.com for details - decent early bird discount

Follow up with me for those who've been before, day of live trading mar 14
mail me with "follow up interested".
**
Spreadbetting was actually easier as I lobbed in a massive ftse short which helped -one big short banked me £37,000.
Harder in the ISA, because it is such a big amount, so it is like trying to apply the brakes to a massive lorry. Worst loss point was about £60,000 down because everything had tumbled and that was despite cutting way back and having a £200,000 etc short. However of course it is only on paper. It might sound a lot but lucky me has a lot. I remember once the ISA going from £850,000 to £750,000 but it then ended up over £1m.
Some paper losses have been recovered though it's still down as the amounts of buybacks were smaller than the sells.
I think trying to "hedge" exactly is a mistake. So I don't generally hang onto shorts for too long. If you try to hedge you'll just end up with actually not making profits when everything recovers.
If stuff goes down again then you can go short again. Not that there is any ever right "answer" to it.
Trying to guess is the worst thing - such as thinking to yourself the market is definitely going to tank! Therefore I must stay in my shorts or short more. That way leads to madness if your guess is wrong.
Anyhow I topsliced a lot of things including things like Paysafe and Worldpay and ETO as they were tanking down and tried to buy back lower. Buying back lower is a problem as they can go lower still so when I try and get a cheap price if it carries on down I am out quick rather than using a set stop. I got some nice prices on the way down for both on the buyback - (353 for Pays) - however it did take a go or two during the melee.
Even if you like something emotions aren't for the market and so you have to be ruthless. For the site I'll make it the most recent trade for a loss of £840 .
Also some sold and some bought back was NCC , Softcat and Xaar. Some sold at a profit and some at a loss.
I got a few CMC in the offer but with it going down I sold it sharpish for a small loss though ironically the volality will really suit it so in fact it should be well up!
But I did buy some again after it went down - getting 219.2. I thought the CMC float price was fair - now wish I had stayed with the original buy too.
I got some more Tritax Big Box (BBOX) in the 124p offer. I got the 3p dividend on the ones bought recently.
I got some new issue Countryside (CSP) at the float price (225p) which seems reasonable value, see how it goes and give it some leeway. I've had one more bash to make money on VLK, but this will be the last stab at it under my three strikes and you're out rule.
I've topped up on St Ives (SIV) which I have already doubled on. This one still looks like excellent value and hardly budged in the sell off (good sign).
So some partial and straight sells - for the site then Xar went for a profit of £ 86 . Alu for a profit of £760, Eqn profit of £190, Fif a profit of £522, Eto loss £1028 , tef loss £498. and p2pfor a loss of £570 . Avs for a profit of £145.
Elsewhere a great performance from Quartix, where I've more than doubled, results Feb 29th, but a fab ahead of statement and actually went up during the turbulence!!
Otherwise most things went down a bit, as I don't have banks or commotities it wasn't as bad as it could have been and the worst point of £60k down on the ISA is coming back.
There is a problem now though! I banked the shorts as the market rose again and I have not the foggiest whether to short again or keep buying.
My feeling is to move slowly now- if the market goes for another downward lunge I feel more like shorting than selling off any shares just to cover.
I will just try to follow things.
There is no "answer". But I do feel the portfolio is in very strong companies most paying good dividends so I am loath to sell now if I can help it.
The situation is tough for now and newbies should take it very slowly and easily playing with smaller amounts.
Any new buys I make at the mo will have a strict "get out quick" policy should the market tank again. And I'll start shorting again is that happens too for a small bit anyway.
Good luck in current conditions but do remember things can get back to normal very quickly.
Just remember not to be a corporal Jones "Don't panic!" Stay calm and make cool logical decisions.


** Two Newer Spreadfirms I Use

FOR SMALL COMPANIES:

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.

***
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
***
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

Capital Spreads offers a really excellent book on spreadbetting for those who open accounts through the link below. Spreads are very tight and every trade has to have a stop loss which is excellent discipline to have especially for beginners. Execution is really good I find and they also allow shorts on shares it is hard to get shorts on like say Carpetright or facebook.
To get the offer, click here:
http://www.capitalspreads.com/ntrader

E-mail subscription service

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.

Telecom Plus Offer

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.
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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!
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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.