more than £2 million banked since launch

24 Jun

JUNE 24, 2009

Bike blues

Arrrgghhh! I don't believe it! The new bike I only bought a few days ago has been stolen!
There I was all happy with the great weather ready to head off to the park with son in tow.. when all I found left of the bike was the lock which had been cut open.
I expect to lose about one every two years but not right away. Right.

That is the last ever new bike I buy. I'm going to buy the grottiest second hander I can find next week.
Well I hope whoever stole it is really enjoying their drug of choice for the £50 they got. And yet another crime stat that won't be reported, as many realise, what's the point?
Yikes, I never had such bad hayfever and same with some friends. Worst thing is it visits in the middle of the night which means little sleep.
Sneezing, running nose, it's horrible. Still, I guess it's right at the peak and so won't last much longer.
We're all off to Greece in a couple of weeks for a week at a Mark Warner. Let's hope there is no pollen there..
I just hope it leaves me alone a bit at the seminar.

Still I've done one with a bad cold and one with toothache so I reckon I can handle anything!
Anyway a lot of you will be meeting me and the hayfever at my seminar on Friday.

Really excited about this one and can hardly wait! From the questionaires you sent back there are some fascinating people coming and I hope the day will be a jolly as well as informative for you.
Oh, of course it does mean there won't be a website update on Friday but I will be back here next Wednesday with all the seminar gossip!

As usual very much looking forwards to meeting some of you readers out there!

I hope you all enjoy the day, I know I will even though I'll be completely knackered at the end of it after talking non stop for hours and hours.

Doors open 9.30am -if you get there a bit early don't buy any of their expensive drinks because coffee and snacks will be ready for you from 9.30am before we start at 10am.

Please just come in give your email address to Mrs NT as you come in so she can register you.

Don't forget no suits or ties please! It's a relaxed event so that pullover you got for Xmas in 2001 will do nicely.
Actually maybe a T-shirt would be better. The forecast for Friday is hot!

But there is good air conditioning in the room so we should be fine.

You can even wear beachwear if you like. But no flipflops unless you sprayed them with something nice.

I'm hoping to cover as much as I can in the time and remember to stop me if you don't understand something. Hope to see a few of you in the bar afterwards. I know my gin and tonic is going to taste good!

Everything will be live from Friday's markets so who knows what'll be happening except there is always something interesting going on and things to learn.

Anyway, see you all there.. if you're a bit late, don't worry.. Mrs NT will be on the left when you arrive and she'll sort out a seat for you.

At the last two seminars I've struggled to finish anywhere near on time so it'll probably go on longer than 5pm. Remember no question is "too stupid" on the day - it's your day so if anything troubles you, just tell me!

I take everything slowly and in plain English so I hope everything will be reasonably easy to follow and you'll learn some of the tricks I've picked up from over 10 years of trading. See you at 10am!
Do chat to your fellow delegates in the breaks and at lunch and after.. there have been a lot of friendships made at these events and some traders groups formed which is terrific.

Friday's seminar got sold out 3 weeks ago...
But don't despair if you missed out! Normally I would not hold another one till September but there is an extra "holiday seminar" this year on Friday July 24th close to Heathrow Airport.

It's specially for anyone who missed out on the forthcoming one or who finds it difficult to get a weekday off during termtime.

If you want the details mail me at robbiethetrader@aol.com with
"holiday seminar interested" in the subject line.

There is currently a decent early bookers discount! Don't leave it for too long as it is already filling up and despite being an extra could get sold out too.
My seminars are designed for beginners, dabblers and improvers and deals with everything from how to look for winners, how to research, spreadbetting, level 2 use how to time trades and short, how to use advfn properly and run your portfolio without having to spend money on systems and tipsters.. and tons more.

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

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

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

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

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

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

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

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

I'm glad to say MF Global has improved its offer to readers....
First you get a free £2 bet on the FTSE.. and secondly when you place your first bet with them they will cover the potential loss of up to £100 if the trade moves against you.
I use MF Global myself for spreadbets on the smaller companies as they have more online than anyone else and offer spreads on pretty much everything.
To take up the offer either click the MF banner you should find somewhere on this page, or cut and paste this link into your browser and you can sign up online:
http://tinyurl.com/c524ku
Terms and conditions obviously apply, check them on that link.. I think those are good offers.

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

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

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

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

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

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

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

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

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

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


Naked Trader Seminar Latest News


****July 24Th Holiday Seminar Booking Now Open**

**JUNE 26TH SOLD OUT EARLY**

Fancy spending a day with me, learning all the ways I have learned over the years to find good shares and play the markets? Well, you can at one of my seminars!
Booking is now open for the next Naked Trader seminar on Friday July 24th.

It's an extra seminar for those who missed out on the June 26th one that got sold out early and for those of you who find it impossible to get weekdays off work during termtime.

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

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

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

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

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

Exclusive One Point Spread, £250 Cashback Offer

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


Mf Global Spreads Offer

. Mf Global Spreads is one of the few companies that offers spreads on smaller companies valued at just £6m or more, including AIM stocks. And you can trade them online too.
So now you CAN deal in small companies without having to actually buy the shares in the market and you can deal in them on margin if you wish.
Every naked trader reader who opens an account with them though me will get a completely free £2 a point bet on the daily FTSE on a day of your choice.
As you can imagine get it right and this free bet could be worth a few quid. The bet cannot be a loser, because if you lose, it is as if you never placed it!

And MF now also offers £100 refund on your first bet if it becomes a loser.
So here is your chance to open an account to spread bet the smaller companies - of course you can deal in the whole range of usual spread betting with them too including the bigger companies and indices bets as well.
To take up what I think is a brilliant offer, simply cut and paste this link into your browser and sign up online:

http://tinyurl.com/c524ku


£100 Tradefair offer

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

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

To get the offer, click here:

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


Naked Rambling

Oh dear. The new speaker. I thought MPs were supposed to be behaving themselves.
Too much to ask I suppose. It's reckoned they only went for the speaker because he isn't liked by his own party -the Tories.
Such childish behaviour. As usual MPs thinking about themselves.
It's not a new speaker we need but a whole new way of doing politics.
But having said that - there is something to like already and gives some hope. He's already dispensed with the ridiculous "court dress" of predessors, simply wearing a suit and gown. He also promises reforms of archaic practices.
That's good. I think we need to go further than that and quickly as our silly old system is becoming a laughing stock in other countries.
Why can't members just debate things normally instead of all the language that has to be used.
And how about a hooter that sounds every time a hackneyed phrase is used?
I'm mainly upset because Margaret Beckett didn't get it. Wouldn't it have been nice to have hanging baskets all over the speaker's chair?
Can anyone tell me how the new boss of RBS can be worth £9m? How can any one person be given that much? Surely someone else could do as good a job for say.. £500,000.
We are the biggest shareholders, can we let this happen?
I always wonder, what does any one person need with nine million anyway? Once you bought a nice house for say a million, and you've got a TV, you paid the school fees and have nice holidays with another million what do you need the other 7 for?
Oh no.. yes a mobile phone has been designed for kids like mine as young as 4!
It's time we stopped trying to make children into
miniature adults.
Just let them play and try and keep them away from technology they don't need..
What is this obsession the papers have with Katie Price. I understand she's only famous because of her big besumas and has no other talent. Stop writing non stories about her and she'lll go away!
At last! Some good news! Ryan Air has decided not to go ahead with any more flights in and out of Britain.
Big Brother. Is it still on?
If you want to bet on sport/Big Bro here's the sign up link, very large free bets for newbies: To open a Sporting account click here:
http://www.sportingindex.com/?tpid=6755
Do remember if you do bet you ought to treat sports spreadbetting as entertainment - and expect to lose! Also with spreadbetting work out what your max loss could be and make sure you can afford it! In other words if you say backed the favourite at 15 for a fiver and they come nowhere your max loss is £75.

Naked Mail

Simon writes:
Had to write and say I was at the Wimbledon fair with my kids (all three under four) on Saturday afternoon! They wouldn't let Lotty (4yr) or Louis (nearly 3) on the big slides so we had to make do with the bouncey castle type thingy next door. Did your lad ride on Thomas the tank engine? Louis spotted it from a distance tucked away in a corner and we couldn't leave without going on it.

P.S. The elderly cleaner in my office got 100-1 at £10 early season for Fulham to finish in top ten last season from a brave bookies promotional bet on Putney high street. I know you had a similar punt- shame you didn't see the offer. She put down £10 for all of her grand children as well. Nice story.

Hi Simon. No, we missed Thomas! Christopher got on the big slide cos he told the operator he'd been on it many times before. Which he has!! Damn! Missed that bet!!

Julian writes:
I went to your May Seminar and needed some time to mull before responding back. Firstly, fantastic, trial by fire for me. I learnt so much, without realising it at the time as I was/am such a novice. Level 2 has opened my eyes as has much of the other information you gave. I only wish I had known more now, to have fully appreciated the finer details you gave. I suppose I may have to go again... Secondly, some of the people I met have been fantastic, and we have a little trader group which is growing ie 4 people. We are all novices, but learning and helping each other fast. I wish we could say we have already managed to pay off the mortgage, but I at least have made gains I would not have done before, and reduced losses..
Julian glad you enjoyed it! And glad you established a group: trading is a lonely occupation and good luck to you all!
David writes:
I know you are really busy with too many e-mails to deal with each day, but I just wanted to let you know how much I enjoyed your seminar last Friday. The time just flies past and I got the impression you would have stayed up all night talking if you could have done! (well, if you could have been provided with G'n'T's in the room of course!).
I don't know how you do it, you looked completely knackered when I left the bar late on, but you were still happily chatting to all and sundry - it's obvious that you love what you do and that enthusiasm shines through.
Anyway, all in all a great learning day and it was fun talking to lots of other people there too, so a big thank you from me!
Please also say thanks to Elizabeth for quietly getting on with everything in the background, truly the unsung hero of the day - doesn't she get bored in the morning though, sat at the back listenening to you, or do you always tell different jokes?
Thanks David and glad it worked for you - of course I use different jokes every time!

Nasir writes:


I just have a quick question,
I'm fairly motivated, and like achieving things, and I just am fascinated to know what percentage of the population is motivated?. You are a highly motivated guy you never give up and have discipline. With your telecom plus business you say that if people want your help, they have got to get up off their arse and do some work, but I'm fascinated to find out what percentage of the population is really motivated? Is britain getting lazy it feels like it, I work harder than most employees where I work, it's like they spend ages chatting about Britain's got talent and other crap, and I'm more productive than them yet it's like no one cares? . What percentage of the population is motivated? And what percentage lazy. It's an interesting topic.
..

Sure is interesting Nasir. Of course it's impossible to put a figure on it. I used to get made into a boss wherever I worked because I always worked hard. I'd say most people I knew in offices were pretty lazy. Before the advent of the internet I would say they worked harder. But with internet, blackberries, twittering etc, most office workers spend more time doing other things than working. Like in the show "The Office".
People who actually "work" tend to work harder like builders. But then we had 5-6 working here. 2 were brilliant and one really lazy. But to sum up I think Britain is getting lazier.


Advfn Level 2 Exclusive Offer

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

ADVFN Bronze Offer

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


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


Selftrade Offer

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

http://tinyurl.com/57hp4n


Markets

Markets have fallen back through the previous support. Want to know who to blame?

It's the World Bank which reckoned the green shoots weren't as green as we may have thought. That caused markets to get into a bad mood on Monday and fall out of bed and now they're sulking. The sulk is semi over as it's rising a little today but it could easily start a new sulk over the smallest thing!
However, other banks disagree with the World Bank and George Soros is bullish. The Investors Chronicle lost a heap going short. Up to you to decide! Personally I don't believe any of these people have a clue.
As I'm off on holiday shortly I'm not that keen to add too much more into the portfolio and in particular I don't want anything too risky while away. It has been really tempting to short but I have resisted.
After taking some lovely profits on Carclo (CAR) recently selling at 97 I'm back in for 5,000 shares at 98.6.
My main reason for getting back in were some decent larger buys that came in earlier in the week and indeed a large number reported today which I reckon are buyers from yesterday made to look like sells! My feeling that they are buys is because the price moved up yesterday, clearing 100p. If it can form a base at 100 and more of these big buyers are seen I hope for more upside though I look at this buy as a more longer-term idea. Target 145 stop 88.
I've bought back a few Heritage Oil (HOIL) this time on the spreads for a tenner at 471. I took profits at 542 recently on some of my stake and the old spreadbet, given the potential a good time to get back in on some overselling. Of course I still own the shares I bought at 175 so still very happy at the near treble! The shares are rising well today. Target 600 stop 450.
With so much profit on paper I decided to continue to bank some more, getting more of this year's brilliant profits firmly into the bank.
Galiform has been a lovely performer - sold some recently at 35ish to bank nearly £1,000 - I've now sold the rest at 32.51 and the spreadbet at just under 33 for a total profit of £2,591. That's a total profit for the share including the other recent sale of £3,510.
Looks like my sell could be a mistake as it's currently higher than I sold at! Oh well, anyway it's a good profit banked!
I also sold Innovation - it just can't seem to get any higher for now - sold at 10.54 to bank a profit of £401.
I've been patient with Workspace but it just isn't shifting above 16p ish for right now so sold at 15.83 for a profit of £524. One to keep an eye on for me though as it still remains a decent recovery play. I also sold the New Brit spreadbet at 376 to bag a profit of £660. But I've held onto the shares themselves.
That's a total profit banked for the website today of £4,176.
Porvair's statement told me nothing new and the shares remained unmoved. Already up £1,500 on these and I quite simply am hoping a similar Italian company that recently raised its stake to 22% will make a bid, and I'm hoping for 100-120.
Brilliant set of results from Celsis - they are starting to move up and look undervalued to me after those figs.
A bit of a treeshake in brilliant performer and recent topup Microgen yesterday but it's heading back up with excellent profits now building of £2,000 plus. Looking very good indeed.
Treblers remain Barclays, Heritage, and Dragon Oil. Still waiting for news on the possible bid for Dragon. Office to Office tries to make some progress. Optos appears to be consolidating.
Recent top up Alterian remains strong it came back off 137 but is on the rise again. Doubled already on the first buy of that one. Volatile PV Crystalox is in profit but it's hard work. Very volatile Wellstream only just survived two yellow cards turning into a red.
Chime looks on the rise again after the ex dividend. So extremely happy with everything - the whole portfolio is still in massive profit and also it's been good to bank some of it too.
I still wonder whether the market will simply continue to tread water short-term. And I also wonder whether these types of levels are about right for now - maybe there is actually neither tons of upside or tons of downside to come over the summer?
Or maybe a 4,200 - 4,500 range will become established.

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

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

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


£100 Tradefair offer

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

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

To get the offer, click here:

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


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.
You get to sell great broadband, phone packages and energy to friends, relatives, contacts and anyone else you find and you get cash for each sale but more importantly you get a cut of their spend EVERY MONTH for as long as they are a customer!
It's called residual income and is a far better way to enjoy a ripe old age than relying on a pension. Because even after you stop selling the money STILL comes in!
I still get paid EVERY MONTH for sales I made back in 1999! Every time a customer uses broadband or the phone or switches on a light you get paid.
It's a great business and backed by a stock market company (Telecom Plus), a dedicated team of advisors.. and me to help you on your way!
Not only do you get paid out every month for each customer you can take on distributors. encourage them like I do and get paid on their sales as well.
One day, say you could made redundant, needed a year off or wanted to retire early can you imagine what joy it is to have the regular income coming in. It's wonderful.
You have to work at it, but if you do genuine repeat wealth could be yours. I did it. You can too. For full details, why not email me at robbiethetrader@aol.com.
An overview is also available at http://www.telecomplus.org.uk/fabdeal you can sign up directly there but do tell me!
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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 Weds and Fri afternoons under "Markets" section.. afraid I can't do live trades as that would turn me into a tipster and I'd have to be regulated!