more than £2 million banked since launch

8 Jun

JUNE 8, 2011

Busiest half-term ever

** My new book - about spreadbetting - has just been published, you can order it here:

http://books.global-investor.com/books/401334.htm?ginPtrCode=10453

Welcome to any new readers coming to the website from the new book, I would suggest you read the spreadbetting book in conjunction with Naked Trader, available here:

http://books.global-investor.com/books/27120.htm?ginPtrCode=10453

**To those of you coming to my seminar on June 24th, would be grateful if you could send me your questionaires .. please don't leave it till the last minute as your answers are important to me! You should also all have the seminar venue etc so let me know if you don't! ***
Is half-term really over? Us aged parents are totally knackered. But also very happy.

We've packed so much into the last couple of weeks. This is literally the first time we have paused for breath for 2 weeks.

I've really only been snatching moments in the market such was out hectic schedule of events.

It's a pleasure to grab a bit of time and remember how nice it is to have a good cuppa and some toast and read the paper unheckled by the kids!

Just trying to remember it all.

Young Christopher had a whale of his time with his cousin Matthew who was here for a while over from the USA with his parents. Older than the lad at 8, he was so patient with Christopher and they got on really well.

Lucky for us Christopher wasn't overly impressed with Matthew's IPad, phew. We're trying to keep him away from electronic gizmos for as long as we can. Want him to prefer the simple things like footie in the park with his old dad!

We really did tour London! We went up the London Eye (twice!) , the Tower of London, we did boat trips up and down the river, the Natural History Museum and an open top bus tour were all among the highlights.

Our friends liked Borough Market a lot, the hustle and bustle there is great. You forget what a great city London is if you live there.

Matthew came over for Christopher's first sleepover.

Unfortunately Christopher has some snore on him. Poor Matthew struggled to sleep, but luckily we are used to Christopher's snores so a pair of noise cancelling headphones did the trick!

We've eaten out every day. Some bad some good.

With babysitter sorted the highlight was probably Hakkasan in Mayfair, a brilliant restaurant, go if you can. And surprisingly the pub down the road from us did pretty well too especially as the boys could play in the garden.

And the fish and chips at Fish! on Borough Market over in East London, they were good too.

If you do want to tour London and go on the Eye, etc then I do suggest you try a bank holiday Monday.

The queue for the Eye was just 15 mins on BH Monday when I first did it, on the Saturday with our American friends the queue was more than an hour and it was all so much busier.

Well worth doing and probably worth a fast track pass if it is very busy.

Our American friends live in Florida - they bought their house over there - 38,000 sq feet with swimming pool - for just around £200,000. You can't even get a one bedroom flat or even a studio in London for that!

Prices are absolutely rock bottom in Florida so if you were ever thinking about buying some property it looks pretty good over there if you have some spare cash...

It also goes to show how crazy the house prices are here in in our neck of the woods in West London, they are really mad wirh poky little terraced houses going for well over a million.

We're hoping to go to Florida either next year to visit them or possibly in October half term this year. We shall see! With friends now in Florida and South Africa we think we know these destinations are going to become favourites.

We also went to see "Pygmalion" at the Garrick, one of the West End theatres my sister owns, and that was excellent. Stars Kara Tointon who won Strictly come dancing, she did really well.

It's a very decent show though we never made it to the afterparty as the babysitter has to get home.

Lots of stars there, we followed Barbara Windsor down the stairs to our seats - she does look amazing. And she really does say "darling" to everyone. Apparently my sister's new one at her Duchess theatre is good too but not had a chance to catch that one yet.

And we went to see my sister's house which sh has spent millions re-developing.

A swimming pool in the basement and then six floors of house with a view of Hamstead ponds.

There's even a lift taking you through all the floors which Christopher especially enjoyed. Good luck to her, she worked very hard to get to where she is.

Personally I think I would struggle with six floors. I'll stick with one, as I feel I know where I am.

Anyhow back to normal for a bit then the school holidays hit, so far we have a week at a castle in Devon planned followed by a music festival.

We'll stay around in August unless the weather is really bad. If it is we'll jet off somewhere warm and dry for a bit....

Amazingly the next seminar is nearly upon me! Seems like only yesterday that I did the last one, but it is the last chance for you to claim the early bookers discount!
My next seminar which will be on Friday June 24th at Heathrow. If you are interested, mail me at robbiethetrader@aol.com with "June 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!
If you mail me I will then send you details and a full agenda of what is covered. Also more details below somewhere.

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!

For those who have been to previous seminars I am also doing a follow up seminar at heathrow on Friday July 8th. That's all about a refresh of the previous seminar and also all day live level 2, timing, research and trade placing.

I get quite a few mails asking what magazines or news services I subscribe to etc. Well, hardly any!
However I do take (£8.99 a month though take the yearly option at 20% discount to that) a daily email which is my main source of news about such things as broker upgrades, main news items, analysis of stocks and markets, forthcoming company statements and events, stock recommendations and targets from the top brokers, what kind of earnings expected from companies and a whole heap more useful stuff.
I sometimes get ideas from this for companies to watch or monitor or even buy. And it's handy to get a summary of what the brokers are saying and looking at future earnings etc.
It usually arrives around 5ish every day.
I contacted the people that put it together and they offer a free 14 day trial of it to my readers - so you can cancel after 14 days if you don't feel it's useful enough.
Once you cut and paste this link into your browser, click "uk 14 days free trial" then I would go "yearly option" which gives a 20% discount making it just over £7 a month, as you can still cancel seems worth it. Hope you find it useful like I do. It's one of the few paid for news services that has really impressed.
http://bit.ly/eBPXuG

I do also get the Investors Chronicle delivered by the newsagent every Friday. It's always worth a read and brings to my attention things I may have missed.

An interesting email from a reader. The thrust of it was he was going to buy a share after doing a lot of research but then it went up 12% and he hadn't bought it yet. So he felt angry.
How does he stop/halt the feelings of anger?
Well, you have to take the emotion out of trading. Which isn't easy.
I suggested he should read this book.. by Jason Zweig
http://books.global-investor.com/books/256158.htm?ginPtrCode=10453
This is the one to read on psychology. Great read.
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! There's even an internet phone where you can make free calls from wi fi hotspots!

Prices are guaranteed lower than the top 6 suppliers but even better you can get huge discounts on your energy/phone bill if you shop at places like Marks and Spencers, Boots, Sainsburys and a whole load more. 5% of your spend comes directly off your billl. Many are saving a fortune from their energy bills.

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 Tradefair Spreads has upped its offer exclusively to Naked Trader readers to a £100 credit. 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 5 trades (Terms and conditions apply)
If you'd like to apply for an account with Tradefair Spreads and get the freebie click this link:
http://www.tradefair.com/promo/spreads/nakedtrader100/

The number of emails to me is nearly reaching saturation point and I'm struggling! I'm getting 100s which is lovely in a way but killing me in another.
The main problem is the length of some of them, indeed some run to the length of novels, so, please, help save my eyes and please keep mails to under 150 words.. you can do it! It's close to the stage where I am going to have to say I will answer all mails but those over 200 words will get deleted. Keep them short and sweet, please!!
Also, it's possible the answer you seek from me is already in FAQ's. And do remember I can't discuss individual shares with you as it would be classified as investment advice which I'm not authorised to give.
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.

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
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

**** BOOKING FOR FRIDAY JUNE 24TH AT HEATHROW NOW OPEN**


** May Date Is 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 Friday June 24th

Price is £550 plus vat. There is an early bookers discount currently available.
That includes three course lunch, coffees, snacks etc. There is an early bookers discount currently available.
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 "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?


£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.
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 5 spreadbets (terms and conditions apply)
To get the offer, click here:
http://www.tradefair.com/promo/spreads/nakedtrader100/

Naked Rambling

Great to see the Government taking action regarding the sexualisation of children. About time.

Let's let kids be kids for as long as we can. They should be playing innocently not dressing up in mini skirts and the like at 6.

I've also seen 9 and 10 year olds with Ipads with access to the internet with downloads of rap and videos which they really shouldn't be seeing.

Girls especially get so much pressure so young to wear skimpy clothes etc. It's such a shame.

Vince Cable proved he has no talent whatsoever. He doesn't seem to know what he is talking about or have much of a clue as to what's going on.

He is starting to resemble Mr Bean himself.

As for the unions cheering on industrial action, well that was pathetic. Go on, make things worse then. If you think that's going to help us...

Unless the government looks serious about cuts, we pay way more interest on our debt which would inevitably lead to higher interest rates, way more lost jobs and then look at what happened to Greece.

Wayne Rooney's hair. He missed the chance to become the cheerleader for us baldies.

He could have trumpeted his baldness. But no, he spends £30 grand on a transplant. Look, he's going to not exactly going to look any different.

Women don't really care. In fact I think most women would rather the man was just honest instead of covering things up.

Notice it's all the vain sportsmen with money to burn that are doing it.

I became suddenly bald at 28 when the hairdresser mistook my conversation about the current chart number one and thought I meant a hair number one.

Shocked, I left the barber and went straight to my then girlfriend who said "I love it!" I've shaved it ever since!

Think of all the time I've saved, no barbers, no washing and drying. Plus I will never go grey, get nits and it is so hygenic!

So if you are a bloke and going thin, shave it off, be proud and bald! It isn't an "affliction" and it's nothing to worry about. Don't even think about "transplants". You will pay for them forever.

Oh dear. Britain's Got No Talent limped to a very poor finish.

Could these be the finalists? Really? The best we have?

The winner sings okay but that's about it. The second sings nicely but so do a lot of choirboys a
bout the same age. And his voice is going to drop soon.

And the rest? Bodypopping? Boring! Bloke with guitar? Boring!

The impressonist? Dire. Dancing boy? Well, he's a boy that's very nice and dances ok but nothing special.

The only highlight for me was the lady who did the crazy piano routine which was just about a laugh for 30 seconds. Oh and there was the serious piano player. Who was just too serious.

The judges weren't much better than the contestants. David Hasselhof wasn't quite sure where he was or what he was doing there.

And Simon "You nailed it" Cowell. He knew how bad it was and even worse for him, no-one there who is goin g to make him any money.

And all the manufactured shock stories in the papers about this that and the other. So transparent.

Next it's the X Factor again. Enough with this now, no?

Mark Hughes resigned as manager of our next door team Fulham. Talk about a kick in the teeth for the club basically saying he wants something better.

Well, there were only seven teams better this year so he hasn't got a lot to look at. Surely another year at Fulham would have showed if he really is any good or not. The challenge would be sixth place and a stab at a cup.

I don't think Hughes will be much good in a top 4 club with all their primadonna players. Anyhow we now have someone called Jol. Let's hope for the best.

Prince William is advertising for a valet. Honestly, don't you think these days he could put his own clothes on? Suits you, sir.

Actually I could do it. I'd wake him up. "There you go, this is what you are wearing today." Hand him his suit or his raf uniform. Then. "All right, see you tomorrow then..."

The spreadbetting firm I use for sports betting is here:
Via this link Open a Sporting Index account and there's £100 cash offer - please check terms and conditions which apply.

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

Carole writes :
This is only my second email to you since last September's seminar, promise. Catching up on one of your archived diaries, for a laugh, I have to disagree with your comments re the royal wedding.

I am much looking forward to it. And Prince William was great in Christchurch last week at the Memorial Service, all my many friends living there have commented on his presence, some attaching photos they had taken! But do, please, keep writing and rambling.

You're allowed to disagree with me if you want. But I think the Royal Wedding is more of a girly thing isn't it?

I don't think us men are really that interested in the whole thing. But I hope you enjoy it, they appear to be a nice young couple and wish them all the best.

But it must be a little strange at that age that whereever you go, people wave at you and you don't see any real life..
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.
Malcolm writes:
A thousand thanks for the seminar, which I found both informative and inspiring. If I can keep my own psychology somewhere near balanced I can make steady money at this until I pop off.

I was particularly pleased to find your approach so simple. This chimes with Warren Buffet, who of course says,

'If calculus or algebra were required to be a great investor, I'd have to go back to delivering newspapers.'

It also confirms my own prejudice, and what my friends in the City have told me, namely, that the financial complexity is unnecessary, only there to bamboozle the unwitting public, and doesn't make it any easier for the City boys to make money. Hence nine out of ten funds haven't beaten the index in any four year period since 1914 (Motley Fool).


Thanks Malcolm. Glad to hear and hope you don't pop off just yet. I agree: simplicity is best and all the jargon tends to be just there to make the jargon talker sound important or that they know what they are talking about.

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!
Stephen writes:
I read your book and did the course - and I wasn't sure if I'd recoup the cost, it's been 2 years and I've made £38k + saved a loss transferring a Jupiter ISA heavily invested in BP. I can't tell you how important this is or how grateful I am. That's just me, who knows how much people have made with your help and saved by not making mistakes. I wanted to get into shares as they recovered after the crunch, but I assumed I had to put a large amount in one company I thought would make a big jump.
But what happens when you make £1m on the website, will you still do courses? I don't know how you do your ISA and SIPP investments, write the website, books, courses and answer e-mails. But please don't give it up. Couldn't you do the courses and have a standing website which gets updated with your trades say once a month so people can see what you do..

Stephen thanks so much for such a nice mail and much appreciated! Dunno about the future, I feel like I'm getting jaded. It's possible I might just reduce it all at some point to twice a month after going weekly - that would probably help. The other problem is other people's angst is getting to me and the email workload becoming overwhelming. I think after ten years it might be time for me to quit. Anyway good luck with your trades and hope you make a lot more.

I have 3 great offers from ADVFN.


ADVFN level 2 offer

SAVE OVER £120 !
First great deal: If you want level 2, though me it is only £305 for your first year including VAT!
This compares to £432 direct from advfn so this deal saves you over £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.

ADVFN Bronze Offer

Deal two is ADVFN's bronze subscription - normally £72 pa - available from me for only £41! (inc vat) That's a saving of over £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 £30 for your first year by paying just £141 inc vat via me instead of £169.20.
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 online deals are just £12.50 with no funny small print. Charges for phone deals are higher, check terms and conditions. They also charge £35 plus vat pa for all accounts. Follow this link...
http://tinyurl.com/57hp4n

Markets

Well, no change generally, it still sits in that 5800-6100 range. But the bottom of the range keeps hoving into view so it wouldn't be a big surprise if we saw a bit of a temporary lurch down. It's tried to get below 5800 today but just managing to stick around there.

However those in the right individual stocks could be doing rather well right now as there are lots of companies producing very decent reports. So even if the main market falls I think some companies will still do fine, especially those outside the ftse 100.

I stick to my main plan which is to cut anything that starts to lose pretty quick especially if it was risky anyway and hold or top up on the ones going well.

However in general I'm being very cautious about this summer and staying clear of anything that looks too volatile or risky..

I've bought into Molins (MLIN) getting 2,000 at 97.9 and 3,500 at 99.9. These look so cheap and I'm hopeful of a good increase from here. Excellent fundamentals and plenty of cash should at the very least give little downside and anything even slightly ahead of expectations would give potential very good upside.

I was kind of hoping it would fall back to about 85p however it found big support at 94 and I bought as it looked like turning up again. Target 150 stop 84. It's just cracked 100 and if it finds support there is could go nicely higher.

I've also bought some Macfarlane (MACF) - an overlooked engineer - it's bottomed around here and directors have been buying this week so I've hopped on this morning getting 15,000 at 26.75. Not great timing as I could now get them at 26.5 !

Still, with the bottom looking in place for Macfarlane, there could be a nice 20% upside for me here intitially so targetting where it's peaked before at around 32p.

I topped up in Harvey Nash (HVN) - already in great profit but the breakup to 90p looked very strong so I got another 5,000 at 90.9 . If it can break 100, it could have a nice bash at 110. Anyhow some very strong buying going on in this one.

On the spreads I got some Genus (GNS) with a tenner at 984. Difficult to describe this one without sounding rude, well it is bull sperm we are talking about. You need a bit of spunk to buy this one as it looks a spot over at first look however the market in China looks to have unstoppable growth and so I'm in. Target 1200 stop 940.

I've just had a lovely near double on Dawson, I got 60000 at 9.8 because of the bid prospects looking good and the bid went through at 17.7, I've sold at 16.9 to bank over £4,000. But I shan't take any credit for this for the website as this happened between updates.

Rgo kept falling, the break below 130 didn't look good and I exited at 123 for a loss of £350 and 122 on the spreads for a loss of £315. Best to exit risky aim stuff fast if they start falling.

I got out of Pace with a nice profit. It has a respected new head cheese but with a bid looking unlikely for now and with it nicely reaching my target it went at 116 for a profit of £1,150. All in all Pace has been pretty good to me and I expect to be back in there at some point in the future. I suspect eventually it will be bid for but it could go lower first. I've released Cineworld at 208.5. It's done little since I bought months ago and doesn't seem to want to go higher for now, even with broker upgrades. I may re-visit later this year. Profit is £138.

That's a profit banked for the site of £613 inching the total closer to the magic million and the end of the site..


Portfolio Highlights

Telecom Plus - my biggest holding by some way .. continues to soar. It got a surprise instant promotion to the FTSE 250 late last week. Forth Ports came out after the bid for it and Telecom Plus got in from the reserve list though no-one seems to have spotted this, indeed it appears to have pretty much gone unreported. This has seen the share price go higher as funds buy in. I reckon these will be in the FTSE 100 in 7-8 years time. In the meantime, bar a black swan event, they ought to simply keep rising over time.

I have very roughly about £200,000 of these shares for the slow steady increase in capital and the big dividend which brings me a good yearly income. Website profit for the shares must be well over £30,000 though I'm too lazy to add it up.

Carclo has reported - this is a nice long-term hold where I have doubled my money. At first glance it looks a bit overvalued, however it has got such huge growth prospects with its CIT technology. I especially liked this bit buried away in the statement: " We have received an early nomination for a new concept smartphone. We expect to achieve first production before the end of 2011, and volume of production to increase rapidly thereafter. Planning is well advanced for production scale-up, with key equipment already on order."

If all goes well Carclo could easily treble over the next year or two and I hold tight!

Also reporting was Alternative Networks. A fantastic report, profits and dividends just keep rising here and I ignored some small profit taking and continue to hold these amazing shares. I would expect them to hit 400 within a year.

And results too from Volex were very impressive, superb profits here now as the sharess attempt to push over 350. Debt has come right down which is brilliant with profits and dividends nicely higher. It's been a tremendous share.

Also results from Hyder. These looked good too. Very nice profits for me here and I've been patient. I an wondering whether to take some profits but waiting to see if it can crack 400. If it can I may stay with it.

And Capital Drill reported three good contract wins today and another from BH Billiton. Continues to look a nice long-term hold ignoring short-term fluctuations.

Recent trades all go well enough. Gresham Computers, Hiscox, and Electrocompents are all a little higher.

The short in Linkedin is going very well indeed with profits of over £2.000 already! And the Mothercare short remains in a good profit. And the Glencore short goes okay too. (Shorts mean I am betting on them to fall).
Entertainment One doesn't seem to want to go higher for now even though it came up with an excellent statement, Peppa Pig is booming in the USA and it looks alike a great share to hold onto long term. A library worth a fortune too. I reckon it will power up to 200 odd from here in time.

TT Electronics hasn't done much for me yet but 200p looks like becoming support. Laird has proved disappointing so far but could still turn into a profit.
London Capital Group continues to climb slowly but surely. It reported a reasonable start to the year with a good balance sheet and plenty of cash, it has also won a decent contract with TD Waterhouse which has pushed the price up even more, very nice profits building there now. That contract is a good win and along with the fundies the share should I think be gradually rerated up to a quid. I simply think London Capital which also runs Tradefair and some others is under the radar but when it gets noticed I think it will rise quickly.

The Vitec Group, an unsung hero of the portfolio reported great results and I'm up and over £4,000 profit here. Looks good for a few more points.

Loq has broken out nicely today, patience is paying off and I am close to doubling my money on it.

. Exillon keeps on dishing out good reports. Drilling is going well and worth staying patient with event though I am already up a lot.... Should go a lot higher given some time and might become a core holding. Good support for this in the low 400s. It might well hang about here for a bit though. 450 might become support, it has today.

MS International couldn't manage to hold the higher level, still will be patient. It rose again yesterday. Recent spreadbet Croda has soared this last week and goes very well now indeed as does recent buy Avon Rubber Already up more than 30% since buying recently, it has support now at 300.

Kentz goes from strength to strength and is going to move to the main market and about time. Once it does will get some in my ISA. Until then happy to hold in a spreadbet where I'm in profit by over £5.000. It's weakened a bit to 400 but that is good as dying to get some in the isa! Character remains ultra disappointing but I looked at it afresh and it just appears so cheap I'm sticking with it despite it hovering at stop levels.

Dialight has given back a little but the website holds profits of nearly £40,000. In reality, as those who've come to seminars have seen, my profits actually way greater than this. Yule Catto has at last picked up after some poor days and looks like it has bottomed at 200 and seems very undervalued. It went ex div today. Devro is trying to get hold of the 3oo level. Aggreko has stormed ahead even higher, what a great business and this is simply one to continue to hold, probably for another year.

BTG, long-termer continues to look good has nicely doubled and looks strong this week after another good statement.

Microgen remains a cracker and some lovely profits of more than £20,000 for the site. What a lovely share this has been since I bought it live at a seminar at 45p. It holds its value and slowly advances. Up again today, and it has also paid out some nice dividends.

Petrofac remains a core hold. Though easy for me to say that as I bought in the 350 area. Together with spinoff Enquest sees me sitting on profits of £30,000. Long termers with great profits like New Brit, Porvair etc stay in and Sepura tries to conquer 60.

AZ Electronics fell on a placing but recovered nicely to leave me with a very sound profit so far.

I will be back with more on the markets next Wednesday
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.
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 5 spreadbets (terms and conditions apply).
To get the offer, click here:
http://www.tradefair.com/promo/spreads/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!
****
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 Wednesday 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!