** 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
**

No update on Friday. Just too busy I'm afraid. Won't bore you with the details but going to an open day at a potential school for Christopher when he is older and then I've got the dentist and other stuff. But I will be back on Wednesday!
We're getting excited, just a month away now till our trip to Florida and Disneyland.
We're meeting a relative or two of Mrs NT's over there, we've got a lovely hotel booked and after Florida we're going to New York.
But even better thanks to our trips to South Africa we've got business class seats free using our BA points! That's assuming they haven't started their next strike by then, fingers crosses.
And on top of that the hotel is pretty much free thanks to a load of reward points I've run up staying over at the seminar hotel!
We can hardly wait to get away and I already packed my sunglasses.
Poor Christopher has had toothache for a week. And poor old us too. He's been up some of the night over the last few days which mean we have been up too.
He got upset at the dentist and after an injection refused to open his mouth so we're going to a child specialist tomorrow so hopefully it can be sorted out.
It'll cost a bomb and I appreciate I'm lucky and can afford to do that. Well, actually not that lucky, after all I made everything myself and never got left a bean.
We really hope the specialist can sort it out so as we all need sleep badly. Sleep and nothing else will do.
I can tell you watching Fireman Sam at 3am in the morning is not a lot of fun. Especially as the plot of every episode is exactly the same. Could be worse, say the Teletubbies. Or even, much much worse, Mr Tumble.
Fingers crossed that by Thursday we'll get a full night's sleep.
Thanks to Terry, who came to the early February seminar who is taking me out to see Fulham Vs Blackburn on Saturday.
Well when I say taking me out, I live practically next to the ground! He's coming round for a cuppa beforehand and hope he isn't too disappointed with my "trading desk."
People always are. They expect to see loads of mega computers and screens. When all I have is one modest PC. That really is all you need. Well, I do have a laptop but don't use it much.
I reckon the more screens, systems and computers someone uses, the more they lose!
Anyway let's hope for a Fulham win! And thanks again to Terry for inviting me.
It was fantastic to host such a lovely group of people last Friday for my seminar.
We started the seminar with the London Stock Exchange prices not working at all. Lucky I could switch things around and so we could do research and psychology to start off with which didn't require live prices.
Luckily they kicked back in at lunchtime. Phew! I thought I was going to have to resort to a whiteboard and felt tip pens to explain how level 2 works.
The LSE had moved to a new system, you see. A fantastic new system, so great it didn't work at all in the morning! I wonder whether they spent the morning queueing up at PC World to get it fixed.
A really lovely bunch of people at the seminar with all sorts .. doctors, pilots, plumbers, NHS workers, you name it, we had the skillset there! And some self-employed too, running some interesting businesses. Enjoyed talking to many of you in the breaks and over lunch.
Thanks so much for concentrating so hard and the most exciting part for me was seeing how many of you were getting to grips with level 2 and my other tricks to work out best times for entry and exit points, really rewarding for me.
Even better perhaps were some interesting ideas that came out of various screens and I already bought one or two things that came up at the seminar (see market report).
Though probably nothing yet will beat Dialight, which came up at a seminar when it was just 150 and now heading up for 700p with a profit of over £40,000.
Thanks for all the great feedback which is much appreciated. The fact that so many of you are still sitting there 12 hours after it started is pretty good news!

And some of you are seeing me again for the follow up seminar on March 18th. If you have been to one of my seminars and want a recap plus trading, timing and research from live markets, mail me asap with "Follow up interested" in the subject line.. About 2 seats left for a small group.
I really hope many of you make it as part-time traders (I know one or two looking at full time).
Not everyone has the mindset to be a trader as we discussed during psychology. And thanks to those of you who told your disaster stories as it's always a good move to learn from other people's mistakes.
If you missed this one the next seminar is March 25th, for details that one mail me at robbiethetrader@aol.com with "March seminar interested" in the subject line.

There is a decent early booking discount available.

Beginners and improvers welcome! Come and spend the day with me, the markets and some lovely people - and of course, lunch!
If you mail me I will then send you details and a full agenda of what is covered. Also more details below somewhere.

My seminars are designed for beginners, dabblers and improvers and deals with everything from how to look for winners, how to research, spreadbetting, level 2 use how to time trades and short, how to use advfn properly and run your portfolio without having to spend money on systems and tipsters.. and tons more.
A lot of the day comes directly from the live markets and I show you many of the tricks I use to get good prices live. And there might even be the odd live trade or 2!

FOLLOW UP SEMINAR: For those who have been to one of my seminars I'm holding a follow up event for a small group on March 18th. It's a day of level 2, DMA, and research direct from live markets, 10am-6pm. First come first served, for details mail me at robbiethetrader@aol.com with "Follow up interested" in the subject line.

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 (£8.99 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 £7 a month, as you can still cancel seems worth it. Hope you find it useful like I do. It's one of the few paid for news services that has really impressed.
http://bit.ly/eBPXuG
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

**** BOOKING FOR FRIDAY MARCH 25TH AT HEATHROW 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 open for the Naked Trader seminar on Friday March 25th

Price is £550 plus vat. There is an early bookers discount currently available.
That includes three course lunch, coffees, snacks etc. There is an early bookers discount currently available.
The seminar is mainly aimed at beginners and dabblers though improvers are welcome too.
Topics covered using live market feeds all day include: Market psychology, level 2 - a simple guide to how to use it for better timing; how to value companies; finding companies that are about to rise. I will also cover techniques for handling events such as the recent meltdown and volatility.
Spreadbetting: How to use it to gain an edge and go short. Market makers - how they work and how to beat them; how to stop losing money and make it instead and plenty more.
How to plan trade entries and exits - how to research companies and understand reports, plus all those niggly questions you always wanted to ask. How to set stop losses and targets. Charts and how to use them.
Also covered: Market maker tricks: How to spot tree shakes and use them in your favour, How to tell when NOT to buy a share. I use live ADVFN all day with lots of level 2 and looks at all kind of live market data.
The idea behind the seminar is SIMPLICITY. I don't use jargon or fancy words - everything is in PLAIN ENGLISH! No question is too stupid and the event is held in a friendly relaxed and supportive environment.
The idea is you will come away from the event I hope a wise and better investor with lots of new ideas. I try and translate complex topics into easy bite size pieces. I also aim for it to be entertaining as well as instructive.
If you are interested please e-mail me at robbiethetrader@aol.com with "seminar interested" in the subject line and I will send you full details of the event including comments from those who have come to previous seminars and you can then decide whether you would like to come. See you there!
One seminar attendee Clare wanted to write a testimonial about her experiences at the seminar which follows now!
"I've just come back buzzing from one of Robbie's seminars. What a day! He's just brilliant, and manages to pack an awful lot into one day, and with his enthusiastic and humorous delivery the day just flies by. There are no gimmicks, no sell, no "˜get-rich-quick' promises, just his own solid, sound approach which he has learnt over the years and which works.
He shows you how to minimise the risks and maximise the profits and points out the banana skins on the way. Where the seminar really comes into its own is when he teaches using live level 2. Hearing him talk through his thought processes and reasoning is invaluable, and really brings home everything from the book. He has endless patience answering peoples' questions, and really seems to care that everybody understands.
On top of that, you meet some really nice like minded people and swap e mail addresses, you're plied with
chocolates and coffee all day, have a great lunch and spend the evening getting tiddled with Robbie in the
bar afterwards! You might even get to see the amazing crocodile boots . . . .
Don't worry about the cost, it's easily worth it, and you'll soon make it back with your new-found investment skills, and in what you're no longer losing. If you're thinking of going along to his next seminar, whether you're a novice or an experienced trader, don't hesitate ""just go!
Thanks Clare, did you want the tenner in cash, or will a cheque do?

I've started using Tradefair for spreadbetting - I like the auto generated stop losses which help to maintain discipline and that's good for beginners I think. And exclusively for Naked Trader readers they upped the offer to £100 credit.
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 5 spreadbets (terms and conditions apply)
To get the offer, click here:
http://www.tradefair.com/promo/spreads/nakedtrader100/

One MP asked yesterday, "What is the point of Nick Clegg?"
He really does have a point. What IS the point of Nick Clegg? Not got the foggiest.
Clegg seems to enjoy the trappings of power but didn't realise how hard it actually is.
Remember, don't give him any documents after 3pm and don't let potential civil wars interrupt the skiiing hols. The Lib Dems must be mortified with his performances.
Surely the Lib Dems are supposed to be kind of beardie weirdie flowery kind of cannabissy, sandally.. surely not poshy skiingy millionairey. Plain weird (y).
What can you say about Libya? It's heartbreaking to see people in the same country fighting and killing each other.
And sadly Gadaffi is as mad as a brush. And his odd outfits getting madder. Problem is he really thinks everyone loves him.
His son looks like he knows what's going on but is in denial about it. But he's got a touch of mad about him too.
Let's hope it can all end without too much bloodshed.
Another stupid European ruling. Men and women have to be charged the same for car insurance.
What a nonsense, if men make more claims they ought to be charged more, fair enough.
But the real stupid thing is boy racers are going to now get cheaper insurance surely leading to more deaths. Now that really is stupid.
A fairly typical really boring Oscars with everyone looking to have visited the toilets to ensure plenty of powder up their noses.
If you've ever had to put up with an evening with someone on it, they are really tedious.
I once had a friend "on it" who thought it really amusing to fast forward through a movie telling us the whole plot and what happened. Couldn't wait to get outta there.
Boardwalk Boulevard continues to be the TV highlight of the week for me on Sky Atlantic.
Shame to hear that Dragon James Caan has left. He was my favourite.
First because Peter Jones didn't like him and second because he often made an offer when no-one else would and seemed more interesting in giving someone a leg up than making a profit.
The spreadbetting firm I use for sports betting is here:
Via this link Open a Sporting Index account and there's £100 cash offer - please check terms and conditions which apply.

http://www.sportingindex.com/?tpid=6755
Do remember if you do bet you ought to treat sports spreadbetting as entertainment - and expect to lose! Also with spreadbetting work out what your max loss could be and make sure you can afford it! In other words if you say backed the favourite at 15 for a fiver and they come nowhere your max loss is £75.

Chris writes :
I read your book during my holiday in the summer and have made profits of over £11k since September, compared to losing nearly £10k in the previous year. I found myself laughing (if I hadn't I would have cried!) as I think I must have made every mistake in your book! Since reading it I have totally changed my approach, putting into practice what I learned from your book and it seems to be working!

I will hopefully get to one of your seminars in the not too distant future.

Thanks Chris, glad the book was a help.
Duane writes:
Wanted to say a big thank you to you and Mrs NT for an amazing day of learning and fun at your seminar.

The way you explained the share trading from start to finish was understandable and really interesting, well worth the seminar fee!
It was great to hear such down to earth and honest assessment from a successful trader like yourself. The way you explained everything was good revision from your book and gave further insight into successful share trading.

I particularly liked your live trades and going through your accounts when you gave snippets of why you invested in certain shares and why you kept/dumped them. Also helpful was the way you searched for prospective shares and within minutes discounted them or put them on a short list for further examination and correct entry points. Amazing!
You could really tell that you loved doing what you do and your energy levels to keep going till 10pm was well....... I had to leave at 9pm I was shattered!

Thanks again Robbie I am keen to put into practice what you have taught me. Even though you make squillions from your trades and I am sure don't need to do the seminars for financial gain, but please keep doing those seminars for newbies like me!

Thanks Duane! Don't expect to be doing them foreever but very rewarding for me to help people so expect to carry on for a while longer.
Malcolm writes:
A thousand thanks for the seminar, which I found both informative and inspiring. If I can keep my own psychology somewhere near balanced I can make steady money at this until I pop off.

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

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

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

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

Terry writes:
Fantastic seminar.

I have always been sceptical of the public testaments you see on web sites
saying how great an event was. Now I'm one of those people!. I
genuinely believe that the tips and techniques as well as the overall
approach you demonstrated will radically improve my trading performance

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

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

I have 3 great offers from ADVFN.

SAVE OVER £120 !
First great deal: If you want level 2, though me it is only £305 for your first year including VAT!
This compares to £432 direct from advfn so this deal saves you over £120! ADVFN level 2 also includes all the live trades made through Plus Markets which I find invaluable.
To accept this great deal just e-mail me at robbiethetrader@aol.com with "Level 2 offer" in the subject line and I will tell you how to get it. Level 2 gives you access to all the market maker positions and the order book and I would not trade without it! More on level 2 in my book and I spend hours on it at my seminars.

Deal two is ADVFN's bronze subscription - normally £72 pa - available from me for only £41! (inc vat) That's a saving of over £30! You access to the premium bulletin board which contains my discussion forum with direct access to chat to me and some very good traders. Plus you get ADVFN's premium top lists which I think are a must for finding great stock picks. That includes great lists like ex dividend dates, market maker buys plus chart breakouts and downs. All as explained in the book.
To take up the offer, e-mail me at robbiethetrader@aol.com with Bronze in the subject line and I will tell you how to claim the deal.

Bronze is included inside the level 2 deal.

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

The deal is via me you can save nearly £30 for your first year by paying just £141 inc vat via me instead of £169.20.
Just mail me at robbiethetrader@aol.com if you'd like this deal with "silver" in the subject line.

Want to try out broker Selftrade superb trading system for no risk? You only have to trade once to get £50 bunged into your account! You get £50 and I get £50.
All online deals are just £12.50 with no funny small print. Charges for phone deals are higher, check terms and conditions. They also charge £35 plus vat pa for all accounts. Follow this link...
http://tinyurl.com/57hp4n

Well, the instability in the Mid East continues to cause headaches for investors though a delight for the in and out day traders.
As I wrote last time though, buys at the greatest time of fear continue to pay off.
EG. Just at the point you think, sod the stock market for a game of soldiers I'm going into premium bonds or sticking cash under the bed and selling up.. well, that often is a great time to do the opposite and buy.
In fact if you think about it, given 70-90% of traders lose depending on circumstances you just need a roomful of them, give them any share or commodity ask them whether it's a buy or a sell then do the exact opposite of the majority.
In fact at last Friday's seminar I asked should oil be bought or sold? The majority said "sell". So I bought!
The trade was soon up £55. We watched it during the last session, and it was about £75 up. So I decided to close for the profit... except I left it too late and the oil market had shut for the weekend! Cue great hilarity in the room!
I know those of you who came wanted to know what happened to that trade. Well, it has just carried on going up, and I am now in profit on it to the tune of over £500!! I've kept moving the stop up around 3 dollars a barrel behind the current price so I ought to get at least a £200 profit on it. So thanks delegates!!
It's the same with say a FTSE bet. Ask a roomful of traders in the morning whether the FTSE will end up higher or lower by the day's close and nine times out of ten, do the opposite to the majority call and you'll make money.
I just love doing seminars. Enjoy the day but even better nearly every time an interesting share pops up on a screening in the evening which ends up making me a fortune.
I hope this seminar will not prove the exception! One that popped up was 2 Ergo (RGO) which I bought on Monday following the seminar.
Never came across this one before - it was a boring one that was just flatlining but in a sudden major uptrend after a deal with Microsoft. Once you get Microsoft linked with a company then people tend to buy.
I got 3,500 RGO shares at 133 and £30 on the spreads at 133 and a tad on Monday.
I also bought some Acal (ACL) - 1,500 at 313.5 today, they were on the seminar shortlist and looked a good time to buy on weakness.
Given the spread DMA looked a good idea so I bought them on direct market access bypassing market makers, ie at the "sell" price. I use a decent site to put orders on to try and beat the spread on larger spreads. Please though make sure you understand how it works before putting in orders! Link is here: (they do an education programme with it)
http://www.igmarkets.co.uk/?QPID=1079&QPPID=1 (click apply online)

Acal looks a nice one even though it's gone up quite a bit. Very nice growing profits and tons of cash with also promotion to the small cap index likely soon either next week or June as it is right on the cusp of getting in and therefore attracting the attention of fund managers.Target 400 stop 260.
Croda (CRDA) also came up. Really excellent set of results from this chemicals outfit and I was keen to wait to try and buy on weakness. In a rough market said weakess appears and got a fiver a point on the spreads at 1548. It's a big company and very volatile but the plan is to hold for a good while. Stop 1400 target 2000.
Mothercare (MTC) came up as a potential short. Asking mums about it recently they reckon it's pretty dated and they don't use it as much as they did. Results aren't so great either so shorted this for a tenner at 477. Target 420, stop 505.
And I bought some Micro Focus (MCRO) live at the seminar, £20 at 289 on the spreads. Looked like a decent recovery play with good fundamentals and plenty of cash. Target 380 stop 250. This one appears to be heading higher today.
I took my nice quick profit in Eaga at 119 to bank a decent £1,484 profit.
Doesn't look like a bidding war there so would rather take the money now. Best trade of the year so far I reckon. I was losing my profit quickly on African Min so sold at 549 to bank a profit of £160. Disappointed as it did hit 600. I bought back at 531.
Darn it, I sold the short in Arm too early. Never mind. Some analyst changed his mind on them, they started to shoot up and I sold at 607. That does bank a profit of £240 but they are lower than that now and I made a mistake there. Bloody analysts! I sold the disappointing Communisis at 32p for a loss of £50. Results are tomorrow and with so many companies getting a kicking on results day I chickened out. Seemed a lot of sellers around on the orderbook too.
That's a total profit banked for the website today of £1,834..
Elsewhere my decision not to get scared out of the good stuff has paid off so far. Not so sure about the shorts though.
The Ftse short remains for now and lowered the stop a bit so it should end up in profit.
The short in Ocado was going well... till Goldman put out a new rating on them and they shot up. So I missed selling at the bottom but still in profit and still looked overhyped.
Dialight (DIA) remains a real star and up more than 100 points again since I mentioned them in the last update. The website holds profits of nearly £40,000. In reality, as those who've come to seminars have seen, my profits actually way greater than this. Hoping for another 300p here and there is bid potential too.
The short term ITV trade appears to be working out - with today's rise it should sneak into the FTSE 100 next week. Up quite nicely on it now, major point is the reduced debt. Also it will soon be allowed to show 12 mins of ads during a movie instead of the current 7 mins, and of course there is now product placement available. Wondering whether to hold onto it for a bit longer than I intended, not sure yet. See if it can break 100 before taking the profit.
Filtrona appears to be trying to close above 300 so here's hoping it can manage a run up. It's doing well today so buying before it went above 300 might pay off. Could easily sneak up 30 points from here.
Encore Oil hasn't done much, markets don't seem too sure right now.
New Brit came up with a decent statement and they are on the rise again, hitting 900 or profit of over £7.000.
Other star mover is Xp Power has started another surge and up and over 1700! That's down to another fabulous trading statement. I bought this one at 164 a year and a half ago with a profit of £15,000 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! Of course hindsight is marvellous and all I ever needed to do was put all I had into it at 164 ! Never mind!
Now of course it is very tempting to now take these profits. Trouble is it is so nice to see a share which says +700% on it that I cannot bear to part with it!! Yes, I have become emotionally involved the hypocrite I am.
John Wood has consolidated higher well thanks to top notch results and a disposal where it got a better price than the market assumed. So I'm up now around £1,300 - I think I will bank those soon as the company wants to return cash to shareholders. I hate this! Why do I want cash? I would rather they spent the money on acquisitions.
Character Group has come back a bit today but not bothered short-term there.
Nice profit on Pace but it is a right old tease, just when you think it is going to break up over 220 for a ride up to 250 it heads back to 215 and down to 212 now. Maybe patience is required here! I know 215 was my target but it does show signs of wanting to go higher and would hate to miss it.
888 is moving up you never know there as a bid could come anytime. Volex produced a nice report but inevitably there was profit taking. 300 looks good support and think holding my nerve might pay off.
Devro produced another fabulous report and it remains a brilliant long-term bedrock with great profits already and I think more to come. It's gone up a lot this week.
Little long-term punt Loq has moved into profit. Management has changed and seems keen to drive it onwards and upwards and I expect to stay in for hopefully about 200.
African Aura hit 300 but has come back since then. It's confirmed it will split into two separate companies sometime next month. up more than £4,000 now and a lovely near trebler. I think I will stick with it. Continued excellent statements and possibly more to come. Indeed one broker is targetting 400 which would give me a four timer!
Entertainment One continues to be a star performer and has more or less consolidated recent fantastic gains and profits close to £5,000. It's raised some more money for acquisitions and just a question of patience now. I would not be surprised to be still holding this one in a year's time.
Oil gamble Cadogan has risen quite nicely and sits a bit higher for now. Got up to early 40s but has fallen back a bit, but that's par for the course.
Gamble Emed Mining is volatile but back in profit and has come back a bit but in for the sipp from 8p and for the Isa and website from 16p so worth sticking in. These commodity tiddlers can be a hard ride.
Chime holds reasonably well - it has already doubled and more for me and still looks cheap.
Exillon is looking very good: seems to have definitely broken 400. produced a decent statement but tries hard to get through 400, seems quite strong and it holds above 400 today.
Kentz burst through 400 but fell back on profit-taking and mid east worries, which is fair enough but I remain in for more. Another good contract announced
Sepura has moved up well since I bought but 50p proves a barrier for now still.
Porvair, wow, what a share that is proving and I've now doubled! It produced an excellent statement which produced profit taking - that often happens on even good results - but one to stay with I believe for more upside. It's down a bit this week but wonder whether to top up on weakness.
AZ electronic keeps trying to break above 300, can't quite do it but getting there! Maybe it is there today. Bought those at the last seminar. AZ Electronic makes sophisticated chemicals that are used in electronic goods such as semiconductors and smart phones and is used in ipads and iphones. It has gone into the FTSE 250.
Carclo came back a bit on understandable profit taking but looks welll supported around 260.
Telecom Plus looks like it might make a stab at 500 soon. . Website profits are up and over £25,000. And it's starting to move higher again today. This is also my big dividend earner which brings me cash of more than £15,000. It got number one Broadband/phone bundle in the current issue of Which Magazine .
Cineworld has fallen back a bit, not sure why but climbing again now. Some talk in the papers it might be a bid target. The Vitec Group gave put a decent report and is settling around the 550 mark - been brilliant so far. Aggreko remains volatile with the ftse but longterm uptrend is up.
Petrofac has come back on middle-east worries but remains a core hold. Though easy for me to say that as I bought in the 350 area. Together with spinoff Enquest sees me sitting on profits way in excess of £30,000.
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.

I've also started using Tradefair for spreadbetting - I like the auto generated stop losses which help to maintain discipline and that's good for beginners I think. And exclusively for Naked Trader readers they upped the offer to £100 credit.
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 5 spreadbets (terms and conditions apply).
To get the offer, click here:
http://www.tradefair.com/promo/spreads/nakedtrader100/

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.

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.
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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!