SEPTEMBER 10, 2014
Back from the dusty road
SPEND A DAY WITH ME AND LIVE MARKETS ON NOVEMBER 3RD NEAR HEATHROW **
Read the book but want to see me do it all with live markets? If you want details on how to spend a day with me and live markets (beginners and improvers welcome) email me at robbiethetrader@aol.com with "november seminar interested" in the subject line and I'll send you details. There is a decent early bird discount on offer !
NEW: Follow up seminar: Oct 17th. If you've been to a seminar of mine before and want another day with me to improve some more, this could be the day for you! We do level 2, live trading and research all day plus helping you with any troubles you had since you came to the previous seminar. For more details mail me at robbiethetrader@aol.com with "follow up interested" in the subject line and will send you details.
Brand New Naked Trader 4 Out Now
http://www.harriman-house.com/book/view/1040/trading/robbie-burns/the-naked-trader/1317
Or click the book on the right somewhere. Delivery of the book? It should be with you next day delivery. And if you buy the print copy you get the e-book free!
The book is a total update since the last one which I wrote in 2011 - a lot has happened in the market since then and I cover all the changes such as the new ISAs and duty free AIM shares.
There are tons of ideas, trader stories, psychology, biggest trading mistakes and 20 trading strategies to make money. Also loads of stuff I have learned over the last three years.
New insights into trading tax free, tons of examples, a whole load of new traders' tales and some of the trades that have helped to make me well over £2 million tax free.
If you bought NT 3, I think you'll find it is worth getting the update. My new views on AIM shares now they are tax free, loads of analysis of trades I made more recently. And loads of new stuff on psychology and why you might be losing, including a new look at confirmation bias and the effect this has on your choices.
I would say this but I think it's my best effort yet, especially pleased with the stuff I've written on why so many people end up losing. I've met a lot of people at seminars and talking to them really helped me to understand the problems encountered and so pass that on.
Seminar Sept 22Nd News
A reminder we start at 10am, I have plenty of caffeine waiting for you and lots of great snacks in the first break at 11am! A good lunch too. Hope you enjoy the day and never worry about stopping me and asking me the most basic of questions. I have a nice shortlist of shares for us to examine and we will be doing plenty of level 2, working out the best time to buy or sell something. And you get to have a good nose through my accounts! I hope you all enjoy it, I'll be sending you notes on email the day after including anything that came up for those who might leave before the end.
Oh my goodness, what an amazing summer! We were only home for six days of it!
It was a lovely long endless summer of fun, risk, and where will we end up next?
I can hardly count the stuff we did. The places, we went, the hotels, the people we met. The pools, the food, the driving.
Basically, buddies, we had a great time on our US roadtrip.
We drove many 100s of miles all over California, ending up in places we didn't expect and not going to places we expected to go to but that was the fun of it.
Then back home and we finished off by chilling out in Spain for the last week of the hols.
We arrived and departed from San Francisco airport. Boy what a great airport that is. No queues, really friendly staff.
"Who was Big Daddy?" asked an immigration official. "A wrestler," I said. "You're in!" he replied.
I'm not really sure how interesting it is to read about other people's travels so will try and be briefish and spread it over the next two updates. Anyway you can always skip !
It was all Pitbull's fault. We were on the last leg of part of our trip, a 5 hour drive from San Jose to Lake Tahoe.
Ten minutes from our destination we switched on the radio and Pitbull's latest "Fireball" came on, causing much car dancing and exhuberance and Christopher's newest best tune ever (which changes daily)
However three minutes later, I glanced in the mirror. A cop car behind me, lights flashing so I moved into a passing spot so he could catch his criminal.
But hang on, he stopped too, he was after ME!! Gulp. Had I been caught illegally spreadbetting?
It was a vague thrill too - after all, it was the same sort of cop car that stopped Walter in Breaking Bad.
We got off to a bad start. Elizabeth opened the door. Apparently this is seen as a sign of aggression there, you're supposed to roll down the window!
"Do you know what the speed limit is?" asked the fierce looking cop.
I decided to go for my best British Hugh Grant style accent. Idiot Brit abroad seemed the best approach.
"It's 75mph in England... sorry about that.. I said.
"You were doing 67mph in a 55mph zone," he said. He demanded all our paperwork and disappeared for ages presumably checking I wasn't about to bomb America.
He came back. "Did you know it's a 500 dollar fine for your kind of speeding?" he asked. "Oh my gosh," I said continuing the Hugh Grant thing. "That's an awful lot."
"One thing not to do is speed here. And the most important thing.. is not to speed when a cop car has been following you for miles!" he said.
"Damn Pitbull!" I thought.
He paused. What was it to be? A fine or following him to his cophouse?
I think the Hugh Grant thing just saved us and he let us off with a warning. Phew.
Apparently we were only a mile from the border between California and Nevada. I could have tried to outrun him. Once you get to another state they don't chase it!
But I just don't have the balls to be another Walter White.
Anyway back to the start and San Fransisco, what a lovely city not what I was expecting. Smaller than I thought.
Some relatives were there for most of the time so we had some good guides, ate in some great places and did some tours. We also went to see a baseball game, the San Fran Giants versus rivals the LA Dodgers.
Sadly The Giants sucked but we are used to that with Fulham FC! Great fun to watch and nice and easy to follow - Christopher loved it and he ended up with a Giants baseball cap and we got a baseball bat and have been playing baseball in the garden!
After a few days there we got in our big rental car and started our road trip properly, just us and the road! The heat on the American highways was quite something away from the coast. Temperatures of up to 40 degrees. We did a very long drive down to Southern California but ended up in a nice place.
At that point it was so hot on the highway we realised it would be crazy to drive to Las Vegas where temperatures would be hitting over 40c. Much as I wanted to go, it seemed sensible to either stay near the coast and explore more up North.
We were glad we did as we went to some amazing places which I will go into in the next update before you all get bored to death! So more coming soon!
Back in the real world the Mrs is very excited. Obviously always excited when I'm around .. but right now she and her sister are off to see Kate Bush this Friday night.
She was lucky enough to get a pair of tickets. I did get first refusal which is just as well, as the only way I am going to want to see Kate Bush is if she teams up with Pitbull.
Probably the same with most blokes. Kate Bush is a girl's thing right?
My next seminar on Monday November 3. mail me at robbiethetrader@aol.com for details with "November seminar interested" in the subject line.
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 the last one 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.'
**Follow Up - October 17Th**
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 at www.utilitywarehouse.org.uk/fabdeal.
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.
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:
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
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 November 3
Price is £650 plus vat. However there is a decent early bookers discount available for those booking nice and early.
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
Before I go any further something I have to get off my chest. Google driverless cars.
Google is determined that eventually we all end up with a machine driving us at the exact speed limit. Take all the fun out of driving why don't you.
Indeed why not take the fun and risk out of life completely as that is what we are walking into.
Where have all the wasps gone, say anxious articles in newspapers.
Who cares, frankly and good riddance! Lots of lovely bees around, that's the main thing. Wasps can buzz off.
Apple is going to launch a new I Phone. Ha ha, I chuckle. All the people that fall for this stuff.
The "old" phone goes direct into landfill, mugs buy the new one to get a "new" feature they don't need and Apple is taking the p***. Oh well, good luck to Apple, marketing geniuses.
Saddoes even queue to get a new phone the moment it is released. Often paying over £500 for something that probably cost £20 in parts and a fiver in slave labour.
The new phone has, er..um... a better screen (?) and erm... slightly better camera... and well that's about it folks. Oh and maybe you can make a phone call on it.
I know, I know, you're addicted to it. But I laugh when they say smartphones make for better communications.
They actually do the opposite. People hardly talk to each other any more, preferring the company of their phone. I have literally been to lunch with a group of people who sat and stared at their phone nearly the whole time.
We're growing up with people now who can't actually or don't want to communicate directly with anyone. Just false electronic friends. So there.
We finished the second series of Orange is the New Black. Really excellent! Lovely characterisation, great stories and some good realism too.
Very enjoyable so if you have Netflix, I urge you to watch this series, plus House of Cards and of course... Breaking Bad!!
Not so enjoyable was Dr Who. I really tried hard to like it. It gets great reviews and it's a smash hit. But after watching wonderful things like Orange, I just don't get it.
There is no drama or comedy in it, stiled acting and boring cardboard cut out baddies. The special effects are even dull. I just don't see the point of it. I tried episode two even and guess what it's the tedious Daleks again!! Talk about out of ideas.
They just aren't scary and haven't been for years. Hell, I could take one of them on, just rugby tackle from behind and grab its plunger. (The wife often does this to me).
What's worse is Malcolm Tucker from the Thick of It is now the Doctor.. just too weird!! I so want him to break out into f words.
And then there's the odd uncomfortable sex thing between the doctor and his assistant. Yikes, really, I have to give up on it again and frankly I felt I wasted two hours of my life on a pile of horse dung.
Celebrity Big Brother of course is another pile of dung but I do cheerfully fast forward through it because it is fascinating to see big egos battling against each other and it is a reminder of how big headed and horrible we can become as humans if we are not careful.
Ramsay's Hotel hell is worth a bung through just because it's stunning to see people in hotel businesses without the faintest bit of self awareness as to why they are doing so badly.
One hotel owner sang to her guests really badly every night and wondered why they never came back, that did crack me up. Nowt so strange as folk now is there?
Our local team Fulham just a few weeks ago were a mid table Premier League Team, all of a sudden they area bottom of the championship team.
No idea what happened there except Christopher is a bit confused as to where all his favourite players he knew went. It looked like in the only game we managed to see when we were back in the country briefly that we sacked them all and picked up some players from the local parks...
I use this company to spreadbet sports with
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 £350 for your first year including VAT!
This compares to £473 direct from advfn inc vat so this deal saves you over a whopping £120! 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. So if you get level 2 and want to learn how to use it properly live, book my seminar!
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 £30 for your first year by paying just £145 inc vat via me instead of £173.71
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.
****
A reminder next seminar is Nov 3rd, Mail me for details at robbiethetrader@aol.com with "November seminar interested" in the subject line. Follow up seminar for those who've been before and would like another day with me and lots of live trading is on Oct 17th, mail me with "follow up interested".
***
It's been a while ! It was a bit hard to trade from the states. Given the time difference I could see the opening just before bed, look at the last couple of hours over breakfast.
And a look in the middle of the night from the loo during an overnight wee!
In fact I think I did make a trade from the hotel loo once at 3am states time..!
That was all good for me though. I had scaled down for the summer away and mainly not being able to see the markets much helped me to relax about it all and enjoy my roadtrip properly.
In the end I simply didn't have to do much, just the odd trade here or there. The portfolio held up beautifully and I made money over the summer without having to do much at all.
I'm not quite sure what to report here as I made and closed a few things but I guess those are ancient history. You're not interested in a load of trades already closed are you?
So I will cover perhaps one or two more recent trades and as about to resume regular updates now every other week we will kind of start again after the long break.
Just to say by the way was delighted with the ftse shorts I had on before I left - using a long stop which went down as it went down, they got closed out automatically on the spreads while I was asleep for a nice profit of a couple of hundred points. Looks like it might be worth having shorts on anytime it hits 6900 ish for now.
With the Scots nonsense markets are likely to be volatile over the next couple of weeks - I suspect a time to buy when everyone is selling and vice versa!
So kicking off with some buys. With most of the portfolio in nice safe (ish) shares for the long term, I have used a bit of cash to buy a few things a bit more on the speculative side. After all, a guy needs a bit of fun with some spare cash he (luckily) can afford to blow. You may not be able to so beware of just trying to copy me. Don't say you weren't warned.
I added some more Seeing Machines (SEE). This is my favourite "jam tomorrow" share, ie not expected to make profits for a while but tons of potential.
It has technology which can tell whether a driver is too tired to drive and already has won contracts. Its announcement last week of a deal with TK Holdings to deliver its technology into cars for a major car maker helped lift the shares. Then on Monday a pact with Samsung was announced. I wonder whether a possible buyout could happen and I think the shares could double. Patience might be rewarded big time. The rewards could even be enormous, time will tell. Anyway at the current price now nicely up. A broker has a 12p target on these, longer term I think could be a lot more.
APR is pretty high risk but it's halved now since it came onto the market and it does have good potential so taken a risk here and bought a few at just under the 500 mark. It's been a terrible performer since it listed but taking risk into account the potential reward ratio looks good so for small stakes, a potential 50% upside makes the risk worth a go. Any new contracts could see them racing up pretty fast.
I bought some of a recent new issue Intelligent Energy (IEH)
I bought at the wrong time! I got 238.1 on it - it then dipped to 220 for a couple of weeks after I bought and I nearly took a small loss on it. However I held and since then it has gone a little higher.
It's obviously a speculative one. But its fuel cell technology could end up being in a mass market product, if so, plenty of upside here and one with patience you can imagine doubling on - it has nearly £100m cash and no debt.
Imagination Technologies (IMG) shares have sparked into life of late. I bought some on a spreadbet, a spreadbet on a view I probably won't hold them for too long. After the bid for CSR, there is potential for a bid for them and so I bought on that kind of view at 192p.
I bought my old mate ITE again at 191.2 - this one has bounced a number of times from this price so it really is an easy trade, it has been trounced by Ukraine worries as it does business there. It always seems worth buying around 190 where buyers come in and looking for a spin back up to 220ish. Any fall much below 190 and I'd be out as fast as Duncan Bannatyne.
I picked up a few more PolyPipe (PLP) on the back of a good statement. Yeah, I know, boring right? When the hell am I going to buy something really exciting like Engulfexciteingkeypetrolgasmugpuntnooilhereyoumug? Never, sorry, suggest you find a more exciting website. Try one of the bulletin boards
Audioboom (boom) is a very interesting one, it came up at a follow up seminar I did just before heading off for holidays and I did like the look of it (thanks to whoever at the seminar brought this one up). It's the country's only integrated audio and graphic display sports ad network.
It has an excellent deal with TalkSport, and it won a deal recently with the large Essel Group - content partners include Sky Sports and CBS. I got 50,000 shares. While of course it is speculative the fact it can do deals with the biggest names shows there may be some decent mileage in the shares.
Finally (at last!) on buys those of you who get my pension email which updates what I buy more high risk for the pension will know I have made a lot of money on Optimal Payments (OPAY) - I bought a good slug of these in the 100s and have trebled on them.
Today I have bought some for the ISA at 483.4. I never mind buying shares way higher than I paid a while back if I think there is still mileage and I think there could be still plenty of upside for Opay.
Obviously buying the future here but the future looks incredibly bright for this company which looks in the right place at the right time. It is volatile so some nerve is also required!
(Ps have you seen Dragon Piers Linney's company Outsourcery? It has collapsed and only worth 5m now). Might be worth not taking any offers from him right now.
Xaar has proved a disappointment. Though I made a big profit on a spreadbet as it reached target easily I made a bad call and held onto the shares in my ISA and was rewarded with a fall in the share price after a statement and took a loss of £589. However the price looks overbashed and I am looking to buy back particularly on any further weakness.
Iomart proved a lovely couple of trades, with a bid on the table of 300 but not totally certain it was too tempting not to take profits at 278.25 to bank a profit of
£1,794 and a profit of £2,850 on the spreadbet.
Which makes a total profit for Iomart trades of £4,644. Of course the 300 bid may go through but sometimes best not to be too greedy!
I took profits on the latest Playtech buy - it went way past target, let it run a bit, sold it this afternoon at 699.22. It did go to 717 so not the best exit price but still bagged a nice profit of £1,032.
I've finally taken profits on the ITV spreadbet - banking a nice profit of
£3,600.
So that's total profits banked for the website of £8,687.
I got one or two mails from some of you Kentz holders, the one where I made multi thousands when the bid came through - you wonder what has happened to your shares! The good news is any day now cash at the bid price should appear in your accounts! (Well done).
How did the rest of the portfolio fare over the summer?
Pretty good, not spectacular, but some nice risers there and nothing really bad happened. Nothing went bust or halved on me!
The 888 trade has fared well, one or two bid rumours circulating there. And Blinkx has been going well.
Entertainment One buy has really paid off, up 30% on that and five timed on this one overall. Still looks one to hold onto!
Telecom Plus remains volatile - looks about a fair price in the 13 to 16 quid mark for now. Remains a long-term hold and in the meantime another dividend of more than £10,000 has been banked ! It's made me more than half a millioj quid. It should eventually go higher, the breakup and scutiny of the big six should be a big help as would a cold winter!
Possibly the star is Renew! I have patiently hung onto these since buying them a year ago at 135, patience has been rewarded with a rise to nearly 300. I am vaguely tempted to take profits but they keep on going up, anyway profits of more than £6,000 for the site waiting to be bagged.
GVC has had a good summer, a nice capital rise but also a massive dividend paid too!
I've now multi bagged on BTG, what a superstar of a share! Quite a few simply had a quiet summer like for example Jelf, Scisys, Hayward Taylor, OPG, Porvair- will await trading updates on those as the year goes on to see whether to stick or twist.
My long-term big winners are all going well, multi bagger GB Group for example.
So all in all very happy with the summer. A nice rise with little effort. Just the way lazy old me likes it.
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A reminder next seminar is September 22, Mail me for details at robbiethetrader@aol.com with "September seminar interested" in the subject line. Follow up for those who have been to one before is October 17th, mail me with "follow up interested" .
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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 Dillistone 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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TIGHTEST SPREAD FOR TRADING THE FTSE/DOW ETC
If you're into trading indices this one is the cheapest with just a 0.8 spread which is fantastic - execution is top too
http://www.spreadco.com/nakedtrader/
If you start using them and find any problems please let me know.
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.ig.com/nakedtradercfds
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. 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/fabdeal you can sign up directly there but do tell me! (Click become a distributor 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
on every other Wednesday afternoon.