NOVEMBER 12, 2010
Chelsea scores highly
** 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
**
** Note to those of you booked in for my Xmas seminar - I sent out venue details yesterday, if you are booked in and did not get them please mail me! And all of you coming to the Nov 26th event you should have had your details ages ago, again let me know if you don't have them.**
A real eye-opening night out at the Chelsea V Fulham game.
I'd never been to the Chelsea ground before.
Obviously living right next door to Fulham FC, you can't help but take an interest in their fortunes and I've been once or twice thanks to some invites from nice readers with season tickets.
I was used to Fulham's sweet and quaint little ground, not much changed from many decades ago.
Chelsea's ground is a completely different proposition.
It's well, massive! There are two huge hotels, a Marco Pierre White restaurant, bars, a gym - and. even a creche!
I was loaned a top season ticket holder's seat and my goodness me, I could hardly believe the food. Top ticket holders of which there seem to be hundreds get an amazing buffet meal thrown in.
The food standard I would reckon is higher than that of a five star hotel. You name it, you get it. Quail's eggs, massive prawns, brilliantly tasty hot meals - I had lamb.
The pudding table just groans with delights. Blokes sit there eating top food, discussing football. It's all really lovely - one or two women but not that many!
(After all when your blokes's out watching football, you can have a great night in with property, home and cookery shows can't you?)
An even bigger surprise is the ground and the atmosphere. I was expecting to be among blokes shouting rude things, standing up sitting down and generally being obnoxious.
It wasn't like that at all. It was like being in a stadium with 40,000 Hugh Grants. All rather polite with just the occasional "Come on Chelsea" and the odd moan when they lost the ball.
It was the 5,000 odd in the "cheap seats" behind the goals that made a bit of noise. From time to time. I guess even the cheap seats aren't that cheap.
The only notable chant was right at the end after the ref sent off a Chelsea player but even "the ref is a w
" chant from the cheapies was pretty half hearted.
Not even sure why there was any police there at all. The crowd was polite and pleasant to each other. "After you old chap... no after you...."
The game? Well to be fair Chelsea deserved the win but to me they seemed a bit sloppy at times, Fulham spent too much time defending but they almost nicked a point towards the end with a couple of decent attacks.
I went with a friend and a couple of other season ticket holders. They say it's a pleasure going there and there is rarely any bother at the ground though they are abit wary of Tottenham supporters.
I found out these top season tickets are about £3,500.
While this sounds a lot it's not actually bad value when you consider including Champion League games that's about 30-35 games a season so it works out roughly £100 a game. With top food and drink included, that's not bad if you really enjoy football.
It's a lot less at Fulham. But then again you'd be doing well to get a bacon roll there!
Anyway after all that I shall carry on supporting Fulham. It's right next door, it's a sweet old-fashioned ground and it's more fun supporting the underdog! But when will they ever win an away game?
I cycled home absolutely freezing - a really cold night but a fun one too!
It's Christopher's birthday party tomorrow! I cannot believe he is going to be six.
It was only the other day I was still changing nappies wasn't it? An old dummy still sits on the corner of my desk. (That's just for me when my shares go down)
It's not really his birthday till the 19th. But he's sharing the party with his girlfriend whose birthday is this month too.
We're holding it in a posh health club and it's a princess/pirate party. Should be fun though we have a lot of arranging to do with lifts for parents etc.
In fact keeping the parents happy at these parties is often half the battle. We expect to be war weary and extremely knackered when it's all over!
I get quite a few mails asking what magazines or news services I subscribe to etc. Well, hardly any! I get the Investors Chronicle delivered.
However I do subscribe (£7.99 a month though take the yearly option at 20% discount to that) to 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 £6 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
Thanks for the continued feedback on the last seminar. I'm really glad to read some of you are already using some of the techniques I showed you.
The Nov 26th seminar is sold out - if you want to go on a waiting list for cancellations let me know - however I have booked a new date which is Monday December 13th - The Xmas Seminar!
So if you missed out on Nov 26th this seminar don't despair!
Booking now open for December 13th so mail me for details at robbiethetrader@aol.com with "Xmas Seminar interested" in the subject line.
Those of you booking at this early stage will get a very generous early booking discount!
Beginners and improvers welcome! Come and spend the day with me, the markets and some lovely people - and of course, lunch! Hey, maybe a Xmas lunch, turkey etc!!
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!
**I'm now taking bookings for the technical analysis seminar on Sat Dec 4th with top trader Susan Marmor and myself. Learn to take the emotion out of trading by using simple TA techniques... you must have been to a previous seminar of mine to qualify unless you can persuade me you are already a reasonably experienced trader... Mail me at robbiethetrader@aol.com with "TA seminar interested" in the subject line.
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.telecomplus.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
(NOVEMBER 26TH SEMINAR NOW SOLD OUT - SORRY)
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 still open for the Naked Trader Xmas seminar on Monday December 13th
Price is £495 plus vat. However right now there is a generous early bookers discount!
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 "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!
£100 Tradefair offer
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
The yobs don't care about any cause they just want mindless violence and the students' protest provided it for them.
However, the students didn't do their research. The Millbank Tower which they attacked is owned by the Reuben Bros. They've build schools, funded cancer units including the largest children's cancer unit at Gt Ormond St.
They also support a raft of other funds - and they never went to university.
Anyhow these yobs that tag along to demonstrations need to be tackled.
It must be time surely to end this "National Insurance" charade.
It's just an extra tax and should be shoved in with income tax saving lots of costs. I still don't know why someone or other isn't pushing for a simplyfied flat tax.
Peter Chambers who made a stupid twitter joke about blowing up an airport had his appeal dismissed - Stephen Fry has offered to pay his fine.
But his partner says his life has been ruined. How ridiculous - are we becoming such a serious and "right on" country that we can't make a joke online, the same one you might hear in the pub?
As for the court reckoning his tweet was "menacing threat to security" is nonsense and stupid. Sometimes you despair at the decisions that are made.
A bloke who made loads of money publishing the world's most boring calendars has come at a price.
His wife has left him. He thinks the reason is his best selling calendar "Roundabouts of Redditch".
Having lived in Redditch for a while (lovely people live there by the way) there are a hell of a lot of roundabouts.
He thinks the "research" into these roundabouts was all too much for her to deal with. And she thought his love affair with roundabouts would stop but it got worse.
Looks like she's taken the third exit....
Both teams in The Apprentice put in a dire performance. Alex was rightly fired for the disastrous Germinator. What made it worse was that somone in his team came up with "Blitz" - surely a way better idea.
Alex is one of those people I would never have hired. I would never hire anyone who talks about "thinking outside the box", the worst among a host of cliches.
Though I hand it to him: he did come up with the original "If I was in an apple pie I'd be the orange..."
The show was big on entertainment with their TV commercials real embarrassing hide behind the sofa stuff.
I haven't watched Mad Men yet. Do not mail me with any comments about it - please!!!
Simon Cowell is "angry" according to the papers about last week's vote etc. Of course when he is angry it means the exact opposite.
He'll be delighted that every week they have concocted some kind of drama to keep the show going.
How long will Russell Brand's marriage last do you think? He just said "My wife is now the boss." Not long to go I suspect.
The spreadbetting firm I use for sports betting is here:
Via this link Open a Sporting Index account and there's a £200 total goals offer (Or £100 cash alternative) 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
Not sure if you realise how great this quote of yours is:-
"...Good poker players are far more likely to make good traders than clever economist or accountants.... They don't realise trading is like a card game, it's you against others. Economics doesn't come into it"¦"
Oscar Wilde would've liked that one for himself. I hope you don't mind, I am now using it along side Warren Buffet's and George W's greatest one liners
Gosh well that's kind of you but I am no Oscar Wilde, or Warren B! I do believe it to be true, however!
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.
Mike writes:
I would just like to thank you again for the great time at the follow up seminar and would like to report that thanks to your methods of teaching I have completely changed my investing style and since my first seminar a while back my fund is now nicely up which is a complete turn around from my day trading the FTSE days!
Mike glad to hear of continued success! It does take time to figure out what works for you. Some can make money day trading but it isn't for everyone and investing can be easier for some, including myself.
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!
John writes:
Thanks for a great seminar last Friday, everyone I spoke to enjoyed it and marvelled at how you kept going so long; you certainly gave value for money.
If the seminar taught me anything it was how to trade in a more professional and detached manner. I realise up till now I was just playing at it.
Thank you once again for a fantastic day that will remain with me for the rest of my life.
Thanks John, though my wife sometimes complains I go on for too long.....
Advfn Level 2 Exclusive Offer
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
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
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
All deals are just £12.50 with no funny small print. They also charge £35 plus vat pa for all accounts. Follow this link...
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Markets
The threat of higher rates in China caused the market to get out the wrong side of bed early today.
China is gradually becoming more of an influence than the USA and it won't be long before we'll be looking more at what's happening there than what's happening on the Dow Jones.
But I've seen this happen so many times with a kneejerk fall on news that was pretty much already known about and I did the same I did at the seminar on the morning the Dubai problems were flagged and bought the ftse getting in a fiver at 5714. I stuck a tight stop on it which was never hit and it went straight back up - however it was a short-term thing and I wouldn't expect to hold it over the weekend unless the Dow looks really good tonight. So I've now raised the stop to 5760 to get me out at a profit if the Dow goes down tonight followed by the ftse futures. Ftse bets stay open 24 hours except weekends which is handy.
Next week will be interesting, will profit takers carry on? Will people get scared and bail out? Or will the market dips continue to get bought? Who knows? November is usually not a great month but a further pullback wouldn't be too bad as it could lead to a very nice pre Xmas rally.
After quite a few buys and sells recently I had a quiet couple of days with nothing really getting me going either way. I banked over £8,000 this week already so that is some nice profits banked!
Stocks often fall on a statement day even if the statement is good.
It's often profitable to buy in once the profit takers have gone. Either late the same day or a couple of days later.
So I just bought some more Hikma (HIK) for a spreadbet fiver at 748 to add to the ones I got in the 720s. It looks like it might have bottomed and it climbing back up. The statement didn't have any horrors and the longer term uptrend is still strong, so I've bought on the weakness. Maybe I should have waited longer - We shall see! Target 850 stop 720.
I've made a very speculative buy of Bioquel (BQE) - which provides bug eradication for hospitals and for the military - speculative because I don't normally buy companies that have recently reported reduced profits and have turned down. However I'm taking a chance with an interim statement due any day. Of course the risk is things are still bad and I could lose 20%.
However I'm buying as a recovery play because they recently reported orders were on the way up again, they have a decent cash balance and assets so they won't go bust on me. It recently won a decent order from the Middle East and directors in September bought some decent amounts at around the current price. If the statement shows some improvements are coming there could be a nice rise. However of course there's plenty of risk in case things are sliding again. I guess I'm in for a small amount for entertainment. I got 3,000 at 104. Target 150 stop 90.
After the big profit taking earlier this week I've stayed off the take profits button since then!
A very good week for the portfolio with some more good risers.
Star Entertainment One breaks through 112p after announcing it's sold Peppa Pig to the USA.
Personally if I never see an episode of it again I will be very happy but the kids do love it and the US kids should go for it - they ought to be able to sell Ben and Holly too. Anyway it's a company doing brilliant things and I hold happily for further gains to come!
Recent buy Exillon Energy (EXI) has already soared well ahead of my buy price of 265 and despite my worries about the spread has gone up and over 300 which looks very bullish and what a chart!! At this rate it should hit 400 quickly. But it's bound to be volatile and nothing goes up in a straight line.
The brilliant Volex (VLX) is back on track and glad I grabbed some more I've doubled on the original lots I bought in the low 100s and in a really super profit of over £13,000.
Oiler Bowleven (BLVN) soared near 300 and has just come back on profit taking. .The recent statement was a decent find and there is some talk about it being the next Tullow - well that is just talk but it would be nice
Just after I sold Supergroup a broker upgraded and the price jumped. That's the way it is sometimes but I got a nice surprise when I saw I still had 600 in a cfd account. At some point I must have put an order in on the book and never realised I got filled! However it's getting mighty toppy and I think I'll sell that soon and look to a short.
Recent top up Devro proved good timing as it's already climbed 10% since I bought! It's battling back up to the 250 area.
New Brit has soared over the 800 mark. Already in profit by over £6,000 with the current positions - looks to be heading up to a tenner.
Gamble Orosur Mining has given a smidge back today. Carclo consolidates its big recent gains though it's not sure it wants to be above 200.
Long termer Heritage is scooting up and The Vitec Group is going back after succumbing to just a spot of profit taking, Aggreko is down but looks like profit taking after a good ride as the statement was cracking - I shall carry on holding - still up 400 points and may top up if it weakens any more.
Davis Services Group short is now making good progress and has been drifting down - it does seem to find support at around 400 but if it falls below that looks like 20p more downside for the taking. .
My big long-term trebler Dialight is back in demand again. Those of you who came to one of the seminars might remember be buying that live at 140ish - now nearly 450!
Porvair saw a decent move up this week - considering topping up there as it looks like it could head up to 100.
Splendid profits now in African Aura - it will split into two companies next year which looks a good move.
And the Ocado short still delivers! Yule Catto announced a pretty decent statement but that prompted profit taking - however I stayed with it and it is heading back up. Bid rumours keep popping up here.
Cineworld consolidates nicely after its Toy Story 3 inspired gains. My lovely long-term winner BTG Group is rising very nicely and now I'm up more than 100 points on the first buy, looks set to be a doubler if it goes up a bit more.
Xp Power consolidates its recent big gains I bought this one at 164 a year and a half ago and it's now around a tenner with a profit of £13,000 plus. It goes to show if you can hold the good ones for a bit and resist the take profits temptation it can pay off big time!
Microgen produced another excellent statement and it's risen yet more and it continues to look exciting and having doubled now hoping for the treble and it doesn't look far off - if as I suspect it will carry on being re rated as a tech stock it should head up to at least 120.
.Lovely Petrofac has surged again and another good contract win announced today! Together with spinoff Enquest sees me sitting on profits way in excess of £25,000. Of course it's volatile but a strong uptrend remains intact.
Spirent has doubled for me and there recent top up is in profit. It goes higher and trying for 150.
Still waiting on Nestor news. It seems to be taking ages, I guess there must be some very long meetings but would imagine a statement either way must be imminent. The AA has raised its bid for Nestor to 100p - My profits currently are well over £20,000. Worth holding to see what happens.
Mulberry continues to rocket after results with the spreadbet up nearly £5,000 now - indeed it has doubled and with Mrs NT and friends continuing to buy their handbags and boots there I continue to hold! So thanks again for this one to Mrs NT for Mulberry bags and boots appearing at home was a big buy signal and B) - thanks to the ladies at the July seminar for agreeing Mulberry was the hot place for the ladies to be.
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
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
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.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!