more than £2 million banked since launch

19 Aug

AUGUST 19, 2009

Feeling hot

Newsflash: The September seminar has sold out.. but an extra date added - check below!!

Well from the minute the Met Office said it was going to be a crap August it's been brilliant (well at least where I live!) It's hot hot hot here!
And we are having a fantastic summer.
I've been spending loads of time with Christopher before he starts school and we're having a whale of a time!
We spent one whole day down on a steam railway line in Hampshire (The Watercress Line) watching big Thomas The Tank Engine and his mate Percy. We had a few rides on the steam trains.
Christopher even met The Fat Controller himself - indeed he went up to the FC and asked him to sign his Thomas Day Out certificate - I have a pic of that which I'll try and get up on the website soon!
Last year's races between Thomas and Diesel were abandoned this year .. why? According to one of the train drivers it's because of "health and safety"... Yes, exactly, ridiculous!
We spent all day there - poor Percy got a bit sick but otherwise it was great fun watching all the trains and the steam.
There's also a mini railway too. It's great to see so many dedicated people who love steam trains lovingly caring for the engines, repairing and polishing and enjoying their hobby.
Christopher had such a good day he fell asleep in the car for the whole journey home.
What else have we done? Oh yes we also went for a tour of London on an open top bus which was great fun - highlight was a close view of Big Ben.
A pretty good commentary too and we all enjoyed seeing the sights including of course The Tower of London and St Pauls. We are fairly typical Londoners in the way we never bother to visit our own city.
And we've been swimming most evenings. It's paid off as Christopher can now swim! Well, in his kind of way.
Bit of doggy paddle then a weird kind of underwater swimming - it works though.
Which is great as he starts school in September.
Except last night he threw his goggles in the air and they are currently lodged up in the roof of the pool! I've got to find a long stick from somewhere..
Grandma came to visit too which allowed me and Mrs NT to get a little time to ourselves so we booked into a posh hotel near Watford called The Grove.
It's an excellent hotel with just the right service and great grounds and amenities.
On Sunday we could hardly believe we were lying by the outdoor pool in the glorious sunshine...
Great food too.. except they were trying to charge £4.65 for a bottle of water. Jug of tap water please!!
An example of an impressive bit of service. Mrs NT really liked the earl grey tea and asked which make it was.
Not only did the waitress come back with the brand but presented a big bag of the leaves for nothing!
I do admire the hotel for the "confident" pricing of the tea! £5 for a cup and £13 if you want it with two scones. That's what you call a nice markup!
Being able to sit watching a DVD on a large screen after dinner was brilliant - we saw "Slumdog Millionaire" which is excellent if you haven't seen it yet. Can see why it got the Oscars.
With Christopher starting school in just a couple of weeks and a bank holiday coming up we're thinking hard about a quick holiday somewhere, France, Spain or Mrs NT's home town in Ireland. Would be nice to do something...
Meantime tonight, dwarlings we are off to the theatre to see something - I have no idea what but will report back on Friday.
I got a bit of a shock when I added up the numbers for my September 25th seminar on Monday - I knew there had been a lot of bookings but hadn't realised the extent of them!
Unbelievably I realised it was sold out and I know I had to disappoint a number of you who tried to book it this week.
I never expected this and certainly did not expect to do another one till late November but given what's happened and because of the many of you I already had to turn down for September I've booked a further seminar date not so far away - Friday October 9th at Heathrow.
If I already sent you details on the September event the details for October will be the same so you can just book the October date instead.
So - to make that clear - you can't book the September 25th event anymore but you CAN now book the October 9th one.

If that gets sold out too I am still definitely not doing another one till late November. I really don't fancy doing a seminar once a week.
For details on the new seminar - email me at robbiethetrader@aol.com with "October seminar interested" in the subject line. There is a decent early booking discount for the new date.
For those of you who have been to a seminar already and want to progress further - on October 3rd (Saturday) I am holding a Technical Analysis seminar with top trader Susan Marmor at Heathrow.

There is still space so if you're interested email me at robbiethetrader@aol.com. You must have already been to a basic seminar to qualify.
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!

Clem Chambers' excellent financial thriller is now out in paperback!! Remember I mentioned this one a few months ago when it came out in hardback!
So now it's a lot cheaper and it's a great thriller - the story is about a whizzkid chartist who can read charts so well he can make fortunes easily.

One day he calculates his charts and sees that in 6 months shares everywhere will crash so badly that most will go out of business.
He hooks up with others to work out why it's going to happen and whether they can stop the financial meltdown - it really is a top read especially if you like shares and charts already. I bet you get hooked on the story like I did.
To get a copy just log onto amazon.co.uk and tap in Clem Chambers into the search - the book is called The Armageddon Trade - enjoy!!

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 2 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://promo.tradefair.com/nakedtrader100/
Still with BT for your phone line? Why? Move over to Utilities Discount Warehouse under me and pay just £8.99 for your line rental, and deal with a nice company. I get commission and in return you get my e-mail - this site into your mailbox at every update!

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

MF Global offers a free £2 bet on the FTSE to all readers.
I use MF Global myself for spreadbets on the smaller companies as they have more online than anyone else and offer spreads on pretty much everything.
To take up the offer either click the MF banner you should find somewhere on this page, or cut and paste this link into your browser and you can sign up online:
http://tinyurl.com/c524ku
Terms and conditions obviously apply, check them on that link.. I think those are good offers.

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

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

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

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

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

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

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

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

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

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


Naked Trader Seminar Latest News


****September 25Th Seminar Booking Now Open**

Fancy spending a day with me, learning all the ways I have learned over the years to find good shares and play the markets? Well, you can at one of my seminars!
Booking is now open for the next Naked Trader seminar on Friday September 25th

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

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

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

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 2 spreadbets (terms and conditions apply)

To get the offer, click here:

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


Naked Rambling

Interesting to see actor Neil Morrissey has pledged to pay back the debts from his company that went bust owing £2.5m.
He got advice to just go bankrupt leaving his creditors without any money - but the man has morals and has pledged all his earnings from the next 3 years to pay them off. Good man! definitely not a man behaving badly.
If only more people who went into business acted like this the world would be a better place.
Yes our lovely leaders continue to look for ways to raise more money from us even from their holiday beds.
And of course it's the motorist they want yet more money from. Hmm, how can we make even more money from them?
ok, we need to cover it under the health and safety banner. Gottit! Give coppers the power to fine people £60 for "careless driving" - brilliant! Now how much will that raise?
Never mind that people can hardly be bothered to report crime any more because no-one is interested! It doesn't raise any cash does it?
Isn't it nice to get a rest from the politicians? Good old Alistair Darling is in charge of us this week and doesn't that give you a warm glowing feeling? Me neither.
Yes, it's true. Harrods has opened its Christmas shop. And Tescos has started selling its Xmas range.

Yes, in mid August. I guess the retailers can't wait for Christmas.
I'm of the bah humbug frame of mind and I don't think anything should be in the shops till at least mid November! Making them available now is surely... crackers!
If Peter "I'm so wealthy and good looking I don't need a dating site" Jones gets any more arrogant he will disappear up his own fundament.
I think the rest of the Dragons are getting fed up with him too. And what's with the Moneysupermarket ads? Surely he doesn't need the money?
My favourite is James. The way he strokes his beard looking at his victim like a James Bond Villain. I think they should provide him with a cat to stroke on his lap.
"I'd like to make you an offer of fifty quid for 99% of your business..."
Then the moment he says "I'm Out" a trapdoor opens under the unfortunate pitcher who screams as the sharks below tear him to pieces.
Yes, ok I admit it - just a fantasy of mine.. if you want me to reveal any more of them I'm afraid I will have to make a small charge.
My next door team Fulham is off to a good start and they play a Russian team tomorrow night here - be interesting to walk down the road and see the Russian supporters. Good luck!

If you press "Sports" there is a preview of the weekend's sports betting action and a look at the weekend games.

If you want to bet on sport/Big Bro here's the sign up link, very large free bets for newbies: To open a Sporting account click here:
http://www.sportingindex.com/?tpid=6755
Do remember if you do bet you ought to treat sports spreadbetting as entertainment - and expect to lose! Also with spreadbetting work out what your max loss could be and make sure you can afford it! In other words if you say backed the favourite at 15 for a fiver and they come nowhere your max loss is £75.


Naked Mail

Steve writes:
Your summer seminar I attended was a triumph in human endurance. Congratulations on your 12 hour marathon.

It was spectacular, hilariously entertaining and outrageously informative.

I used to work at the BBC and I have seen and organised many seminars. Yesterday was a great example of bringing the subject to life.
I know you know all that, but you deliver even more than you promise and the venue was fun too

Thanks Steve - I enjoyed it too but the gin and tonic at the end I enjoyed even more!

Sharelle writes:
Your summer seminar was just PUUURfect - well in my opinion anyway. just needed big puffy 60's cushions for us on the floor :)
Even without them though, they were the best seats.
It was invaluable to me as an absolute beginner, watching you research stuff and put some trades on.
Listening to the mistakes of others is so important too.
I think I understood everything you said. I shall test myself today now that my brain has had time to cool down to normal temperature.
I can't WAIT to begin.
I'm so very glad I waited until doing this seminar before beginning. I can see all the mistakes I hopefully wont make. If I make them, at least I will know and correct them.
Getting the set-up right from the outset is also so valuable. When to trade in an ISA or spread beting account or SIPP.
You have really simplified things beyond my expectation.
Thank you!! and for the chocolate and sweets - VERY much appreciated - and the lunch was excellent.

It was also nice to meet Mrs Naked Trader and would have been great to meet Baby Naked Trader - maybe next time.
Sharelle glad you enjoyed it. Mistakes will always be made no matter how long you have been trading.

As you say the main thing is to spot them fast and get out quick if one has been made.
Craig writes:

Hope Elizabeth, Christopher and yourself are well and enjoying the summer(!) - the long range weather forcasters got that one wrong didn't they.

Anyhow, I was listening to the radio on Sun - I thing it was 5-live - and there was an interview with "Nica Burns" (I think that was what the presenter said), owner of 5 West End theatres. The programme was quite interesting, and at the same time amusing. She was talking about some of the goings on at several of the theatres including: a couple doing what they should only be doing at home (if you know what I mean), at least she though it was one(!) couple, and not a new trend. Then there was the 'craze' a few years ago when those laser pens were the lastest gimmick. The punters were trying to shine the light in the eyes of the actors. She did say that over 98% of customers were well behaved. How great it must be to have such an interesting sister.
Hi Craig yes that was her - she is in charge of the Edinburgh comedy festival too so is likely to be all over the papers in August! Yes, people do all kinds of weird things in her theatres - and one thing in particular which afraid I'd best not expand on...

Jim writes:


I just wanted to let you know how much i enjoyed your seminar on Friday, the day was
superb.Your energy and determination to fit in all of your subjects has to be applauded
its easy to see that you love trading and every thing connected with it. I now feel more
confident about selecting possible shares to trade, I can't thank you enough.
Many thanks to you and Elizabeth for a lovely day.

Thanks Jim and thanks to all of you who came who wrote nice things. Made the day very rewarding for me.


Advfn Level 2 Exclusive Offer

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

ADVFN Bronze Offer

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


Advfn Silver Exclusive Offer

Deal three is ADVFN's silver subscription - for those of you who want all the benefits of Bronze AND always on real-time prices.. no more using the back button and getting frozen out!

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


Selftrade Offer

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

http://tinyurl.com/57hp4n


Markets

Funny old market innit? It's all got a bit of a nervy feel because it's gone up a lot and everyone and their dog is forecasting a tumble.
But the stats themselves coming out from companies aren't too bad. The other problem at the moment is trading is very thin with so many away on holiday that spreads are a lot wider and movements jerky and sudden. Which makes things a bit tricky but on balance I in the main am holding on to the winners and trying to find the odd recovery play that maybe under the radar.
Of course if the market does tumble I'll be giving back some of the profits - given they are so big right now I'll just take a chance. There are a lot of nervous investors out there not wanting to lose their profits.
Some buys first. Made a few quid on Workspace (WKP) earlier in the year but obviously bailed out too early as it's continued to rise since I quit.

I'm in again a bit further up the ladder for 10,000 at 21.8. It went higher soon after I bought but is back down to my buying price today.

It's a decent-looking recovery play - I got bored with it last time and sold too quickly - this time I hope to hold for longer. Target 30 stop 19.
I've also picked up a few Nestor Heathcare (NSR) - buying on a spreadbet because I couldn't seem to buy online easily with the broker getting £100 a point at 30.6. I noticed some buying coming in and it looks a reasonable recover play idea this time in the sector. Target 40 stop 28.
Finally I picked up some Harvey Nash (HVN), 10,000 at 40.3. They look cheap, the company makes a good profit and there's no long-term debt - and they reckon what they're losing in the weak recruitment market they're gaining in IT outsourcing. I just can't see much downside here so looks worth a bit of a gamble to me - Target 60 stop 35. 18 million shares were dealt a couple of days ago which looks interesting. An Investment Trust also sold 7m but they were bought by someone.
Onto some sales.
The short in Capita went like a dream and it easily hit the 650 target and indeed went nicely under - sadly I was a little late on the trigger but exited at 652 for a profit of £160. Sold some small Hardy before results at 330.5 for a loss of £35 on last web position. However held onto the other positions as a good oil find could see a leap - still risky though but they're heading much higher today.. Sold Carclo at 98.1 for breakeven as results didn't seem to interest the market for now and it seems to lack impetus to breakthrough the 100 area.
Latchways results were not bad but not as exciting as I hoped so I sold at 650.5 for a profit of £264 though missed out on the dividend as they went ex today. One to return to soon though I think.
With XP Power having gone so well I thought it was worth selling half - sold at 306.5 to take a profit of £1,537 on the last website position leaving the other one to run as it could easily still run higher after some excellent results. Could be yet again I sold too early but that's why I didn't sell them all.
All of which bits and pieces of selling leads to a booked profit of £1,901 for the site.
Elsewhere the portfolio continues to please with many of my lot continuing upwards. Patience in holding good companies really pays off and my problem is generally selling way too early.
Chime in particular has dinged massively higher giving me now a 50% plus profit or over £1,500 -it's been tempting to grab some profit but as it stays up there I'm holding on. Great to see it up in the 150s and still powering ahead.
Another one I have been patient with is BTG Group and that's paying off with a huge profit now - if it can get up and over 200p then the bullish run could continue. It's having a very good run.
Flying Brands continues to go well and I still think it's worth 100 so holding onto the 20% plus quick gains for now.. Gamble Gem Diamonds goes fine and though extremely volatile seems to be keeping its strong uptrend. There was a rumour in a magazine of a discovery but I take that with a pinch of salt. It could go either way depending on results.
Styles and Wood has seen some good buyers and I'm now up by nearly £3,000 quickly. It's risky though and the forward looking statement in next report (next week) will be important. A move through 50p would be bullish.
Intec Tel Sys where I'm up £2,000 made another decent statement today along with news of another big contract win.
Vernalis sits pretty in the 90s after it announced an excellent tie up with drugs giant Glaxosmithkline. , Vermalis could go a lot higher yet. Happy to sit.
Hornby looks strong after profit takers came and went. I've now got a near £8,000 profit in Barclays and £3,000 from RBS. Profits on Petrofac have surged up to £8,000, doubled on those - it raced over 900 last week but fell back a bit on a broker downgrade - however I think 1000 is possible here in time.
There's £10,000 profit on Heritage on its own. Massive profits too from Dragon. Visonic has seen some good buying and also some profit taking too but results next week will hopefully push it higher though of course you never know and any warning would see a tank. On balance I stick with it.
Alterian has now nearly trebled for me but 150 looks a bit of a barrier for right now.. Huge profits sitting in Microgen - good news on that one is there doesn't seem to be any profit takers. Had some massive cheques from longterm hold Telecom Plus - around £5,000 worth of dividends.. so while it doesn't move much it certainly gives a nice return of 6% plus which I couldn't find in the bank.
Quite a lot of other dividends have been paid out too recently - all gratefully received...
What can I say except that I'm still very excited about progress. However having said that I always remember the old cliche "Pride comes before a fall"! It is certainly going to be a very interesting autumn season and I wouldn't be surprised to see major falls or new gains!

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 2 spreadbets (terms and conditions apply).

To get the offer, click here:

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


E-mail subscription service

If you want to get the contents of The Naked Trader website into your mailbox instead of waiting for the update to come through, plus exclusively news on the progress of my SIPP from the old Sunday Times column inc new higher risk Aim buys made for that, e-mail me at robbiethetrader@aol.com with SIPP in the subject line for details of how to get it.


Telecom Plus Offer

Want to quit the rat race? Try and start a new source of income so one day you can tell the boss to stuff it? You could do what I did to escape my grotty office job and become an independent distributor for the Utilities Discount Warehouse.
You get to sell great broadband, phone packages and energy to friends, relatives, contacts and anyone else you find and you get cash for each sale but more importantly you get a cut of their spend EVERY MONTH for as long as they are a customer!
It's called residual income and is a far better way to enjoy a ripe old age than relying on a pension. Because even after you stop selling the money STILL comes in!
I still get paid EVERY MONTH for sales I made back in 1999! Every time a customer uses broadband or the phone or switches on a light you get paid.
It's a great business and backed by a stock market company (Telecom Plus), a dedicated team of advisors.. and me to help you on your way!
Not only do you get paid out every month for each customer you can take on distributors. encourage them like I do and get paid on their sales as well.
One day, say you could made redundant, needed a year off or wanted to retire early can you imagine what joy it is to have the regular income coming in. It's wonderful.
You have to work at it, but if you do genuine repeat wealth could be yours. I did it. You can too. For full details, why not email me at robbiethetrader@aol.com.
An overview is also available at http://www.telecomplus.org.uk/fabdeal you can sign up directly there but do tell me!
****
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!