Emergency dash to Brum
May 10, 2018
BEGINNER/IMPROVER SEMINAR: SPEND A DAY WITH ME AND LIVE MARKETS
EXTRA DATE:
JUNE 29TH NEAR HEATHROW CLOSE TO AIRPORT
**MAY 21ST IS SOLD OUT**
If you want more than the book and see me do it live, come and spend a day with me and live markets. (beginners and improvers welcome). If a beginner there is guaranteed no jargon! See trades from my own accounts, research, level 2, and finding great shares from scratch and tons more. Three course lunch, snacks, drinks,lots of chocolate, banter and fun with me live all day.
**Best Financial Educational Provider, International Finance Awards.**
Mail me at robbiethetrader with " June seminar interested" and I'll send you details. There is a decent early bird discount on offer.
Follow up June 18th. For those who have attended a seminar before.
A day of live trading, research, and sorting out problems. If interested
mail me with follow up interested in the subject line. (England world
cup game live after the seminar in the bar!)
My new spreadbet book will be published in June.
I'm very happy with it, there are tons of real life trading examples
and ideas in it and hope it helps you if you are thinking about
spreadbetting. See below for a discount on the pre-order.
The May 21st seminar is sold out. I am very flattered.
The bookings mainly seem to be recommendations from people
who've already been to friends as I don't advertise them.
I guess from a business perspective alone I ought to put the
price up!
I wasn't intending on doing another till the autumn but I had quite
a few mails from those who were too late for this month's asking
if I could do one before the holidays.
So I have set a new date which will be June 29th and indeed have
booked some who missed out on may on it already.
For those of you who have been before and want a follow up day
of mainly live trading there is still room for June 18th.
(The England
game will be shown on big screen directly after the seminar and
I'll be providing some drinks and snacks!)
Those of you who want to answer the questionaire for the May
21st sold out seminar please
let me have it asap as starting work on what we'll cover.
Look forwards to seeing you all from 10am. If you
are a bit late don't worry, the Mrs will guide you
to a seat.
The Mr Whippy ice cream machine should
be ready to dish out the 99s. Got a lovely lunch lined up
too and some great snacks !
I hope you all enjoy a day and hope I can get beginners off
to a flying start.
We were off to Birmingham FC on Sunday for hopefully the last game
of the season. If we won it, there was a chance this was the
last game and our team Fulham would go up to the Premier League.
And it would mean at last for some time I would be free of
horrible train journeys God knows where, the chants, the
annoyances, the smells of football fans.
It was an early start as the game was due to start at 12.30.
Still, I cheered myself up. I'd booked first class seats, an early
train so with a bit of luck, could stretch out, enjoy some
first class perks and have a kip for a couple of hours.
So reasonably happy we arrived at Euston.. to find total chaos.
One look at the screens and my heart sank. Due to "overrunning
engineering works" all trains were delayed. Till at least 10am.
How can they "overrun" by hours? Were the workers on their
phones all night?
I figured even if they left at 10am we'd be very late for the game.
I took a look at my son's upset face. What a sucker I am! He'd been
looking forwards to this game for ages.
I rang the Mrs to see if she could get any info.
She turned into a hero. "Meet me at Hammersmith," she says.
I'll drive you both to Birmingham."
Could hardly believe it. We raced to Hammersmith and she
drove us.. right to the ground with half an hour to spare.
That's an awful lot of brownie points for her and means I can't moan
about putting the bins out or loading the dishwasher for months.
Sadly the game was horrible. The Brummie fans (who were lovely)
were out in force as their team needed a result to stay up. Their
players wanted it more than ours and they won fair and square.
My son was gutted, we hadn't lost in 23 games and he'd forgotton
what a losing feeling was like.
The Brum fans invaded the pitch. The fattest ones took off their shirts
their bellies rolling around in the sunshine.
We walked to the station and ordered a consolation hot dog and chips at
Ed's Easy Diner".
Probably the worst dog and chips ever. As for service, just as well the
train was a late one.
At least on the way back first class was relatively empty bar six
older Fulham fans (50-75ish) chatting about "the old days" while
getting totally sloshed.
I have no idea how blokes this age can drink so much. Bottles of
wine, cans of beer, gin.
The tedious conversations. Such as "Remember when Harry
Evans scored the winner in the 1982 game against Doncaster.."
Yeah and dirty Dave and that thing with the fish and chips
in 84..." This went on for the whole two hours.
I try not to be judgemental but I judged!
They were also getting in the way of me earwigging what seemed
like a powerful US ballbuster journalist on her phone.
She was about to interview the Mayor Of London and she then
talked some quite juicy gossip about various powerful people.
I pretended to be asleep while drinking it all in. I can't share it with you
as it's not fair!
Sadly for me not making automatic promotion means a probable
THREE more games!
But I have pointblank refused to go to Derby tomorrow night for
the first leg of the playoffs.
There aren't any trains back, I don't fancy it in the rush hour and
anyway I have had enough! Tough luck, son.
He tried as much emotional blackmail as possible (pretty well too)
but it's not going to happen. Watch it on the telly. That's it!
Then Monday night at home and if we win then we will go to
Wembley for the final at the end of the month.
Then maybe - can I get a break from it?
I can see it now. After all the effort I put in on my son's behalf
traipsing around the country.. we will lose on penalties at Wembley.
Just when I cheered for the end of the football season my son
is now playing cricket.
I'm in the park most nights. Chasing
after some flaming cricket ball which he just knocked for
six. And I have to protect my crown jewels.
I keep telling him I'm too old for this kind of thing to no
avail.
But I guess when he goes weekly boarding in September I'llm
look back on my evenings in the park with nostalgia.
There is an upside, definitely stops me from putting on weight!
Twixes all round!
Naked Rambling
I'm never sure what to make of Jamie Oliver.
His obesity campaign to raise awareness is fine though
I don't believe raising sugar taxes will make any difference.
I'm not sure either whether the high profile of this is a little bit
of a diversion away from his list of closing restaurants and reportedly
small suppliers not getting paid.
If I had his millions I know I would pay them from my own money. It's
just not fair.
I owned a cafe and if that had gone bust I would have bust a gut
to go on and pay my small suppliers back.
Also it is all a bit weird. His outlets sell loads of unhealthy food.
Pizzas, sugary drinks. Odd one! Is he a good guy, bad guy
or just after attention?
Sainsburys boss had a good dance around to "We're In the
Money". Not surprised. Asda and Sainsburys combined is
massive.
But one can't help but feel cynical when told there
aren't going to be any branch closures or staff cuts.
But in 10 year's time you can't help but feel they will in
turn be replaced by the new supermarket in town: Amazon.
I keep reading stuff about then youth of today much of it
not complimentary written by us oldies. I don't get to see
that many as well away from that age group. But the ones
I meet at seminars and elsewhere are a delight!
Whether or not we should give them 10 grand when they hit
25 is debatable! Sure there must be better ways to help, such
as a house price crash. That just might be on the way.
I'm told the youth get scared by the doorbell. You have to text
before. They never make phone calls and are too busy on their
tech and swiping to have much sex.
A staggering one in 8 are still virgins at 26-years-old. I'd say
chuck your tech in the river and enter the real world. It is
much more fun.
I'm sure like me you can't wait for the royal wedding. Literally
pacing around waiting for the big day. Fancy a good-looking
woman marrying an uglier bloke who's got loadsamoney? Never
happens!
I'm at the age between getting invited to weddings and invited
to funerals. I'd probably go for a funeral. At least it's all over
in half an hour.
Anyone still watching Homeland? Great finale, decent
car chases and whatnot and not a bad end twist.
I worry about the beginning of the next series if Carrie
is going to be in such a state.
Isn't it time for her to have a miraculous recovery from her
illness now so we can move on from it next time?
High Maintenance (Sky Atlantic) is a show probably no-one watches except me.
I think it is genius. A slice of life in new York every episode. A bit
like Tales of the City.
It's about a drugs dealer who goes around dispensing the goodies
on his bike.
We then get a slice of the life of the people who subscribe
to his services. Hard to explain what happens next. Just watch!
The Handmaid's Tale is back. One of the best series of last year resumes
on Channel 4.
I suspect a lot of you saw series one. If you didn't catch up on it
first. Super stuff.
Well goodness me what a revelation Jeremy Clarkson was
on Who Wants To Be A Millionaire.
Not bland like Chris Tarrant but a breath of fresh air taking the
mickey out of the contestants.
Some lovely one liners. Never seen him on TV before
but nice job!
Though he breathed some life into the format probably that is
that after this run.
Hardly anyone got more than £1,000.
Either the contestants have got thicker or the questions harder.
But actually it's more that the contestants are just too young
on the whole. You need to have lived a bit to answer some of the
questions which don't seem to be set right.
Still it was quite fun to see an overconfident Oxford Uni student
being totally floored by the Thunderbirds question.
Of COURSE it was Thunderbirds 4. I knew it but how was he to know?
He'd have known the answer to something really hard. Amusingly
Clarkson is steering contestants the totally wrong way in "Ask
the host".
Especially the poor woman who was on £64,000. I knew it was
Phillip Hammond as did her husband on the phone. Yet Clarkson
thought it was Willie Hague. She went with that.
How is her marriage is going to survive this momentous mistake?
They need to get hold of a couple of older pub quiz champions
fast if anyone is going to get anywhere near the top prize.
But it's not so bad, I have shares in ITV. Clarkson has saved
them a fortune in prize handouts.
The Americans remains
my favourite series even if I am the only one watching. (ITV 4)
Looks like the two married agents are going to have to go head
to head which should prove very interesting.
Can't be much longer till the final series of Game of Thrones. I just
haven't seen nearly enough sex and violence recently.
SEMINAR NEWS
May 21st is sold out so doing an extra date on
June 29th near Heathrow.
Email me for details at robbiethetrader with "June seminar interested". The last three have been sold out well before time so don't leave it too late. There is a large early bird discount.
Beginners and improvers welcome. Come and spend the day with me, the markets and some lovely people - and of course, lunch, lots of sugary snacks.
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!
Some recent feedback:
He actually takes you candidly right into the mental process involved in his successful trading, making it a pretty amazing display, even showing his own investment accounts right there on the screen. This is a genuine coaching session in how to trade like him if you put in the graft. My advice therefore would be to sign up for this while he is still prepared to do it.'
When I signed up to your course my goal was to make 20% p.a., I've achieved that in less than six months. Your course was pretty much going to be my last attempt at trading, So once again thank you, it's by far the best money I've ever spent on trading education and probably on education full stop."
I felt we were in for a long day of numbers, PowerPoints and dry talk.
Instead, what we got was fascinating and enjoyable mix of punchy insights, merriment and wise-cracks, sharp wit, and to the point no nonsense advice. I sat down at 9:45am and didn't look at the time again until way after 8pm at which point I had to drag myself away."
I read your books and understood the words "" however I was missing that final nugget of knowledge "" actually seeing you valuate a company and make that buy/no buy decision live means I now get it."
LOTS OF LOVELY DISCOUNTS HERE!!!
My new spreadbet book will be published in June.
>
And add code RobbieNTSB2 to get it for £12 and free posting. (Paperback
only but you get the e-book free with it).
To buy Trade Like A Shark at £12.25 plus p and p use this link
> Use code NTSHARK at the checkout.
***
25% off Stockopedia and free trial
Stockopedia is indeed like a stock market encyclopedia and a great place to scan for new shares to buy, check out fundamentals...there is even a stock screen loosely based on my criteria! You can try it for free too.
For your 25% discount off any sub (eg £56 discount off UK sub) and free 14 day trial you need this link:
>
ADVFN offers
Level 2 through me it is only £420 for your first year including VAT!
This compares to £ 567.60 direct from advfn so this deal saves you £147.60!
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's bronze subscription - normally £88.70 pa - available from me for only £60! (inc vat) That's a saving of nearly £30! 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, plus chart breakouts and downs. All as explained in the book.
ADVFN's silver subscription - for those of you who want all the benefits of Bronze AND always on real-time prices.. no more using the back button and getting frozen out!
The deal is via me you can save nearly £35 for your first year by paying just £174 inc vat via me instead of £208.43
Just mail me at robbiethetrader if you'd like any of these with "advfn offers" in the subject line. Please note if you want to discontinue the sub you need to give a month's notice by post. L2 offer includes silver and bronze.
MARKETS
EMAILS: I do beg you not to send me emails asking me for advice on a particular share. It isn't legal for me to give you individual advice and all I do is send you a mail saying that, which wastes a lot of my time and yours too.
****
COPYING TRADES: I can't stop you from copying a trade I made but remember the price may already be a lot higher than I paid indeed I hope it is as buying at good prices is what I do for a living. You may be buying at the top and could easily lose money. Also I can make terrible mistakes and have done in the past. I could also sell before you or before the share tanks. I may still be holding in a year when you sold at a loss. Always do your own research, don't jump in blindly. Market makers are very clever at knowing how to make you pay top dollar and then push you out at a loss. This site is about sensible investment and learning how to trade sensibly and is not a tipping site. Beware. Never push buy on anything till you've done proper research and got yourself a sensible price.
****
Surprised at the strength of the markets but it just goes to show
trying to guess direction or get in and out right at the top
or bottom is a mug's game.
I thought it would head down and even put a FTSE short on but
it kept going up so I made a hasty exit.
When shorting goes wrong it can go VERY wrong and always best
to clear out quick if it goes against what you thought.
I know some people talk about technicals like golden crosses and rsi's
but I'm long enough doing this to tell you it is all bollocks!
Despite market rises I still feel cautious so my "Get out quick" strategy
when things go wrong definitely remains very much in place.
Interest rates remained on hold today which isn't a great long-term
signal. They were going to raise them - underlying economy must
be pants for them to make no move.
But the portfolio has been going so well I've been perfectly content
to sit on a sun lounger in the garden listening to music and
eating twixes rather than bother hunting for much new. And anyway
about hopefully to unearth lots of new ideas at the seminar Monday week.
I must
stop eating the Twixes they are supposed to be for the delegates
coming to the seminar.
BTW full report on what I buy live at the seminar in the next
update.
The seminar has been sold out for a bit, but a reminder
there is an extra date: June 29th. That'll be the last till the autumn
so mail me if you fancy it.
But, as always, one or two things have come up.
I'd noticed the statement from Van Elle (VANL) and I rather liked it
so I bought some. It's had a torrid time last year but this statement
shows it could be on the up.
It actually came up with a likely adjusted profit figure and forecasts
for 2019 look pretty good and if anywhere near right, the shares
are worth a lot more.
Debt isn't too bad and there's a very good sign in that it has appointed
a very experienced new CEO who is very near the top of the
tree at Balfour Beatty.
The company still has problems of course, but I reckon these
are pretty much all in the deflated share price.
Another deflated share price is an old mate, Scapa (SCPA) on which
I made a few quid in the past.
Results are coming up on May 22nd. Always tricky buying things ahead
of results but it seems to be starting to rise ahead of them which
is a good sign.
I think if they fell below support at around 400p I might bottle it !
Cashflow is healthy and net debt is low considering it's made
some acquisitions. I'm probably just looking for a rise from the
low 400s back to the 500 peak. Perhaps a guaranteed stop on
a spreadbet might be considered just in case at under the support
level.
I picked up some more Future (FUTR).
Of course again it is risky picking up shares in a company
close to reporting (May 17th). But shares are rising here in advance.
And the recent trading statement reported strong trading with recent
buy of Newbay, which gives it a platform in the US by taking its
info and events business.
It should start to see increasing sales in the States and the company
indeed looks to have a good long-term future. So, if I can I will
keep the shares with a 1-2 year view.
And this morning I bought back some Entertainment One (ETO). A great
money maker in the past, it looks like it has bottomed out.
This one has the rights to Peppa Pig (TF I don't have to watch that
anymore, hands up who hates Daddy Pig.)
It has big debt too but has a massive library worth more than £1bln. Content
is king and it would be surprising if at some point the company isn't
snapped up. I think the takeout price would have to be at the 400p level.
I have ummed and ahhed all day as to whether to include this
buy on the website rather than just to the high risk
section of the e-mail. It has only just made it!
That's an old favourite Dignity (DTY) on which I made an awful lot
over the years as it rose from 7 quid to 28 quid. I didn't get out at
the top but as detailed on the site got out at some very decent profits.
Lucky for me I had exited because shares slumped recently when it
said it was reducing the cost of funerals. That would lead to a lot less
profit but better off in the very long run. (Till death us do part?)
It's high risk as results are on Monday and it could go up or down by
200 points.
However the slump has seemed wildly overdone and think the shares
are worth more. I'd be looking for a rise back up to the 1500 area
in time. It says it just isn't sure where the cost of a funeral is
going to end up. So there are problems and likely volatility which
makes it on the riskier end.
I've taken profits of just under £5,000 on Fenner. It doesn't look like
a higher bid is coming. Also a dividend payout on the way as well.
Farewell Fenner, you have been good to me over the years.
Elsewhere it has been another terrific couple of weeks with
some massive gains with all accounts on highs. ITV reported
today - the new boss, ex head of Easyjet I always have time
for since she emailed me when I had a complaint about Easyjet.
Her report was pretty confident, most parts of it are doing unexpectedly
well and there should be more to come after the break..
Iomart is trying to get over 400p. Another lovely long-termer with massiveprofits.
GB Group has been climbing fast and sitting at all time highs. A pure delight
over the years with over £100,000 profit.
Avon Rubber has been bouncing up, looks good trying to crack 1400.
Sopheon! I've now well over doubled in some of the earlier trades. I have
been tempted once or twice to profit take. It hit 1000p before profit taking
came in. But it could easily go above that with a push. NWF has pushed
over 200. K3C is consolidating around the 300p mark. Can it
have another go at heading back up to 400?
My biggest holding Safecharge continues a slow march up and looks
like soon to break all time highs. Just a matter of patience here and
hoping for a 400-450 takeout. Science Group has moved well to
the 250 area and hoping a decent statement will push it to 300, there
are share buybacks coming too.
Overall very pleased with progress but again I remain cautious
after recent rises and won't hesitate to short the indices should a meltdown look likely.
It is hard to find a firm that does prices on the very small companies but this company does:
If you like to trade the FTSE, Dow, or currencies then Spreado has an outstanding tight 0.8 spread - that is incredibly tight. The platform is very good and robust and have used it to great satisfaction and profits.
>
***
WEBSITE UPDATES TO YOUR MAILBOX
*** If you'd like my website updates sent direct to your mailbox (you get it first and a little earlier) you can get that for either a smallish one off fee, or signing up for a service from Utility Warehouse. For details on either way of making sure you always see my updates first mail me at robbiethetrader with "mail service" in the subject line.
It is hard to find a firm that does prices on the very small companies but this company does:
If you like to trade the FTSE, Dow, or currencies then Spreado has an outstanding tight 0.8 spread - that is incredibly tight. The platform is very good and robust and have used it to great satisfaction and profits.
>
***
25% off Stockopedia sub and free trial
Stockopedia is indeed like a stock market encyclopaedia and a great place to scan for new shares to buy, check out fundamentals, discuss on a sensible bulletin board. Each share gets a ranking, you can use "guru" screens to find shares, there is even a stock screen loosely based on my criteria! There are strategies based on ideas from top investors.
There is lots more really fantastic material and I believe access should help investors and I now use it myself.
For your 25% discount off any sub (eg £56 discount off UK sub) and free 14 day trial you need this link:
>
EXTRA INCOME FROM HOME
When I left my full-time job to trade it really helped having another income: this I got from part-time selling energy and phone services to people and getting a cut of their use of their home services forever! I still get enough from it now to pay all my bills. I am a great believer in multiple incomes and this is a great one in my opinion as anyone could do it.
If you'd like a second part-time income click here
>
This will explain what you can expect to earn and how it all works. If you sign up there you'll be under my wing. Any questions just mail me and if you sign up please let me know.
****
Trade tables follow! Trades are current open and recently closed trades. Closed trades feature the closing price and the amount I won or lost. All others are open. Trades get updated a little later than the narrative. Trading costs are ignored, however I also do not add in dividend payments and with the kinds of companies I buy, dividends tend to equal or outweigh costs. Spread rollovers ignored for web purposes. Tables as accurate as poss however a mistake or two can creep in and very occasionally if I forgot I sold or bought something it will be added at a later time. Trades first reported in the diary under Markets every other Thursday afternoon.