OCTOBER 21, 2009
Happy Birthday to me
OK let me get the bad news out of the way first: there is no update on Friday.
Why's that Robbie, you great big poo?
Well, it's my birthday! So I'm giving myself the day off to relax - and much as I love you all doing a website update on my birthday isn't guaranteed to relax me..
Don't ask. It's the age where things start to drop off. In fact I pick up my first set of glasses (the ones I paid way too much for) on the day itself.
Still, at least I'll be able to read the paper without holding it at arms length.
Thanks to the post office for going on strike no cards for me on my birthday. Then again, no bills or brochures either!
You can tell we're close to the top of the market.. that's because all the "How to make megabucks from the upcoming stock market boom" tipsheet ads come flying through the door.
(Ie, let's get as many of the mugs as possible to subscribe while the market is still going up - once it starts going down and they lose they'll forget to cancel their direct debits and in any case there is one born every minute).
It's all clever stuff through designed to get new people hooked in. Here's one that came this morning..
"Your Very Private Invitation"!
(We sent it to 50,000,000 people!)
"The Past 6 Months have been great.. but it could be just the beginning"!!
(This to allay any fears you might have missed the boat)
"Missing out on the post recession boom could be your biggest investing mistake"!
(Now bring in the greed, hey who wants to miss out!!!)
Now in case allaying fear and piling on the greed didn't work how about really spelling it out in case you are really stupid:
"We will make you a shed load of money!!"
(If they are making shedloads why don't they follow their own tips and leave us all in peace?)
Now time fear is added.
"More importantly, YOU WILL HAVE TO HURRY!! Enrolment numbers are strictly limited!"
(Well yes, strictly limited to 50,000,000)
Oh and one final PS in case you didn't gettit.
"Ps. This could be your ONLY chance to get in...."
(Until next week when you'll get exactly the same mailshot)
Look there's only one place for all this stuff.. straight in the bin. Oh la di da. I meant recycling of course, after all I gotta be politically correct!
I get mails all the time from these types wanting to advertise on the website. I don't let them even though they offer pretty decent sums. I don't care about the money I'm missing out on - I prefer to sleep at night!
Mrs Nt has had to make very sure not to tell Christopher what she's got me for my birthday. Because he is a right blabbermouth. He can't keep a secret for a second.
In fact he already told me what he's got me for my birthday. I'm getting a bag of seashells that he picked off the beach during the summer. All together now: ahhhhhh..
But then he said: "Mummy got you something beginning with J..." At which point I ran off with my hands over my ears.
Wonder what it could be though. Jam?
We only just realised next week is half term!!! Help!!! We have to entertain him for a whole week..
Hmmn, maybe I'll take him to Legoland. I guess we could go to the wetlands centre. It's always a bit harder when the nights draw in and it's colder. We'll get some playdates arranged too.
Tonight my big sister Nica- the one who owns 5 West End Theatres - (see www.nimaxtheatres.com for her latest productions) has invited us to the grand opening night and party for "The Rise and Fall of Little Voice"
It stars Lesley Sharp, Marc Warren and Diana Vickers. You might remember Marc playing the really dodgy one in
Apparently it's really funny. Babysitter is booked and we hope to have a great evening. The parties are usually pretty good too - if there is any gossip I'll let you know at the next update!
Marc Warren you might know best as the cheeky one in "Hustle". I thought he was good in that. Put it this way, I shall definitely enjoy this more than Phedre! (See previous diary entry)
If you have any young ones do book "The Gruffalo" at my sister's theatre The Duchess at Xmas (booking now) - we saw it last year and it's brilliant. Might be worth booking if you're thinking of going into London to do some Xmas shopping.
Oh no, that is two Xmas mentions and it is still October!!
Very much looking forwards to December as we're all off to South Africa for sun and hopefully fun for a couple of weeks not getting back till the big day itself.
We're going to have to be organised from plucking Christopher from school the moment term ends to dash to the airport.
I'm actually not that interested in material things. Flashy car? No thanks! Bling Bling jewellery? No, not a bling guy in fact I don't even have a watch because I always lose them.
The one thing I am happy to spend big money on is holidays. First class seats and top hotels. Because after all on my death bed I might remember a good holiday - but will I remember about driving a silly car? No!
Anyway of course we will have to make sure presents are all wrapped and done and dusted by the beginning of December!
Two contrasting meals recently. One amazing one with a couple of friends at our fave Michelin starred place - oh the beef, just out of this world.
And one rubbish one at a pub near Cookham with a friend "Sunday roast" was horrible with grotty meat and roast potatoes buried in gravy and the whole thing had the look of the microwave.
If you're a local pub the worst thing to do is serve bad food because the locals will go elsewhere...
When will eating places learn - spend a bit of money on your ingredients and chef and rewards will follow. if you try and busk it or use rubbish ingredients your profit and punters will disappear.
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.
If you missed last Friday's seminar there is one more left this year.
Booking is open for the very last seminar I intend doing this year - it'll be on Nov 27th at Heathrow.
And the good news at this early stage there is a decent early bookers discount for that one! However that will end shortly!
If interested in details mail me at robbiethetrader@aol.com with "November seminar interested" in the subject line and I will send you details.
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!
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
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 November 27th
Price is £495 plus 15% vat. But there is currently a decent early bookers discount on offer!
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 "November seminar interested" in the subject line and I will send you full details of the event including comments from those who have come to previous seminars and you can then decide whether you would like to come. See you there!
One seminar attendee Clare wanted to write a testimonial about her experiences at the seminar which follows now!
"I've just come back buzzing from one of Robbie's seminars. What a day! He's just brilliant, and manages to pack an awful lot into one day, and with his enthusiastic and humorous delivery the day just flies by. There are no gimmicks, no sell, no "˜get-rich-quick' promises, just his own solid, sound approach which he has learnt over the years and which works.
He shows you how to minimise the risks and maximise the profits and points out the banana skins on the way. Where the seminar really comes into its own is when he teaches using live level 2. Hearing him talk through his thought processes and reasoning is invaluable, and really brings home everything from the book. He has endless patience answering peoples' questions, and really seems to care that everybody understands.
On top of that, you meet some really nice like minded people and swap e mail addresses, you're plied with
chocolates and coffee all day, have a great lunch and spend the evening getting tiddled with Robbie in the
bar afterwards! You might even get to see the amazing crocodile boots . . . .
Don't worry about the cost, it's easily worth it, and you'll soon make it back with your new-found investment skills, and in what you're no longer losing. If you're thinking of going along to his next seminar, whether you're a novice or an experienced trader, don't hesitate ""just go!
Thanks Clare, did you want the tenner in cash, or will a cheque do?
Exclusive One Point Spread, £250 Cashback Offer
Still a massive response coming in for the sensational 1 point indices spread offer plus £250 cash back on losses - my mail box continues to be full of enquires - don't miss out!
I have arranged a deal with a spreadbet company that gives you just ONE POINT spreads on all the major indices and very tight spreads on everything else. A one point spread is just amazing and you can use it on the FTSE, DOW, Nikkei etc...
Not only that, I can offer those of you interested a fantastic £250 cash back on any realised spreadbet losses made within your first 8 weeks. That means you get back any losses up to £250 which could come in extremely handy.
If you'd like the details of this offer just mail me at robbiethetrader@aol.com with "£250 cashback offer" in the subject line. This really is a great offer which will have a limited lifespan so if you want it, get cracking!
£100 Tradefair offer
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 2 spreadbets (terms and conditions apply)
To get the offer, click here:
http://promo.tradefair.com/nakedtrader100/
Naked Rambling
The new devices won't be easy to spot, either.
They look like nothing more than steel posts by the roadside, which means many drivers may not even realise they've been caught until they get their fines through the post.
Governments are expected to welcome the cash generated by the supertraps.
I bet they are - these are definitely nothing to do with road safety and all to do with getting cash from people driving 56 in a 50 zone at 3 in the morning when it's perfectly safe to go a bit over.
It won't be long before each of us is given a camera which we have to wear 24 hrs. It takes note of all our misdemeanours during every day and then bills us once a week.
Meanwhile unbelievably £200m a year plus is to be spent on surveillance in a massive expansion of the Big Brother state.
The money will give officials access to details of every internet click made by every citizen - on top of the email and telephone records already available.
It is a 1,700 per cent increase on the cost of the current surveillance regime.
It's even more ridiculous as Britain is still one of the few countries not to allow intercept evidence .. doh!!
Anyway it's no wonder the Government wants us all connected to the internet so they can spy on every click we make. Shameful.
Tony Blair seems surprised he got grief when he visited a Mosque.
Not sure what he expects. Giving someone the title of peace Envoy when they helped to start an illegal war is not exactly diplomatic.
You got to hand it to Tony though. He's survived all these years on personality alone. He screwed the country and got out just as the s was about to hit the fan.
And he could soon be the President of Europe. Heaven help us!
If he does get the job but retires suddenly looking shifty, sell all your shares and fast!
Meanwhile his "friend" Gordon soldiers grimly on. Pretty grim he was too at PMQs today.
Take the Swine flu jab? Are you kidding? Why?
It's only a mild illness which I would much rather have than take the risk of a jab that doesn't look properly tested. I'll take the disease rather than the side effects thanks. Looks a bit rushed through.
Cheryl was a a bit rubbish on the X Factor wasn't she.
And let's be honest, Robbie Williams wasn't much kop either and both singles are pretty awful. But the power of the show means both will sell well.
Wouldn't it be nice to have a show that perhaps features people/bands who make their own music rather than just cover versions? People with some real musical talent?
I'm sure all Curb Your Enthusiasm fans will have enjoyed the series opener and looks like there is more great stuff to come including a reunion of the Seinfeld crew. Should be magic. More 4 10.55pm Thursdays just to remind the only other fan out there!
If you press "Sports" there is a preview of the weekend's sports betting action and a look at the weekend games.
Get to grips with sports spread betting by opening an account with Sporting Index. . Click the link below to find out more.
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
Thanks for the Seminar on Friday it was by far the best use of a day I have had for a very long time (admittedly most of the previous seminars ones have been I.T. related !) .
My main goal from the day was to see whether your book and approach was really a scam (or at least
more difficult than it seemed , and whether it would simply be a 'selling at the mugs' day, as it were... if it was , I missed it !, as I was extremely impressed by your approach , your honesty and generosity
in explaining your ideas and processes.
Thanks Mark, one of many nice mails, glad you enjoyed it.
Andy writes:
Just read your latest update in which you mention the Vetting and Barring scheme, covering children/vulnerable adults and volunteers and your opposition to it. I couldn't agree more and I am becoming increasingly concerned at the Stasi like nature of this government. Are you also aware that the government are now proposing that anybody who wants to rent a room out in their own home, even if this is to a friend will have to register on a national database. Incredible.. As a former landlord and tenant, I like to think that I can see both sides of the landlord/tenant arguments but I fail to see what a database will achieve other than reduce the amount of accommodation on offer. As I understand it, landlords won't have to be vetted before they sign up so I can't see how it will benefit the tenant. Far better to have a database of landlords who have already been convicted of bad management coupled with a database of bad tenants. I am quite sure that this control freak government will soon be trying to attend our children's birthday parties with a clipboard to ensure the right food is being served and that there is the right ethnic mix etc etc. It really is time that people stood up and said enough is enough.
I have been discussing the Vetting scheme with my partner's mother who is a former teacher and in favour of the scheme. She says it won't apply to informal arrangements between parents but only to a situation where, for example, a parent is used regularly by the school to perhaps drive children to events. She mentioned an example of where a parent who did this at her school turned out to have been banned from driving and another one was caught speeding on a couple of occasions. I suppose there is some merit in her argument but I still consider that (as usual) the government are using a sledgehammer to crack a nut.
I have no intention of registering either so I guess when the time comes, I will probably be joining you in Wormwood Scrubs - as long as I can bring in my laptop and they have internet access, I don't mind.
.
Thanks Andy, see you in the Scrubs - I expect we can get wireless in return for some cigarettes..
Greg writes:
"A little toast story for you. I had the dubious pleasure to going on holiday with my mother-in-law, flight out of Gatwick at 6am... So we decided to use one of the airport hotels (which are very cool because you can leave your car for free in the hotel car park).
M-i-L got her toaster out at 4.30am and started making toast in her hotel room, next thing she knows the silent fire alarm goes off in the hotel and 2 massive night staff blokes bundle into her room..... To investigate a fire!She had the shock of her life!! Toast was great though."
Thanks Greg - could have been worse - the hotel might have been evacuated. Maybe she did it on purpose to get 2 massive blokes into her room?
Julia writes:
Thanks so much for a wonderful seminar on Friday, everything about it was brilliant. I can now see why some people keep coming back again. Have spent this morning raving about you and it, so may well end up sending a load more people your way .. Thanks Julia.. erm but too many please!
Advfn Level 2 Exclusive Offer
This compares to £360 PLUS vat from ADVFN direct (£423) so this deal saves you over £100! ADVFN level 2 also includes all the live trades made through Plus Markets which I find invaluable.
To accept this great deal just e-mail me at robbiethetrader@aol.com with "Level 2 offer" in the subject line and I will tell you how to get it. Level 2 for only £299 for a year (including vat), or under £25 a month!!
ADVFN Bronze Offer
Plus you get ADVFN's premium top lists which I talk about in my book and think are a must for finding great stock picks. That includes great lists like ex dividend dates, market maker buys plus chart breakouts and downs.
To take up the offer, e-mail me at robbiethetrader@aol.com with Bronze in the subject line and I will tell you how to claim the deal.
Advfn Silver Exclusive Offer
The deal is via me you can save £30 for your first year by paying just £138.06 inc vat via me instead of £167.47.
Just mail me at robbiethetrader@aol.com if you'd like this deal with "silver" in the subject line.
Selftrade Offer
All deals are just £12.50 with no funny small print. They also charge £35 plus vat pa for all accounts. Follow this link...
http://tinyurl.com/57hp4n
Markets
Although the market is down today, every pullback continues to get bought. And this is despite a whole lot of nervous investors sitting on big profits.
They're being held up by some pretty decent results coming out of the USA and every time the bears try to bring prices down, the bulls step in.
I'm a little cautious right now but also in the lucky position of having bought plenty of shares at the height of the fear and therefore at very low prices.
I'm going to continue with my policy of being a bit wary of buying but also a bit wary of taking too many more profits for now too! Guess I'm doing a Tony Blair and sitting on the fence.
I bought something I really ought to have bought a while back - in fact it was on two seminar shortlists but I never bought and I can't remember why!
So it keeps on going up and I've taken the chance and bought anyway at a higher price that's BATM (BVC) collecting 6,500 at 56. (well 56.04 to be precise but what's .04 between friends?)
Target 68 stop 51. Bit risky as it's gone up quite a lot already but it has gone up for a reason. Very hot sector and a pretty good balance sheet too - and possibility of a bid in there for not much. Could still have decent upside but I must get out if I bought it at the top.
Mega volumes have been going on at Photo Me (PHTM) so I bought some more, this time a further 10,000 at 38p. After initially disappointing and going down after I bought in in the low 30s it's having some very strong days and it looks like stakebuilding. And for that reason I went in for some more.
They actually went all the way to 45 yesterday but back to 40 today. My nose tells me something is going on here. Most investors just won't buy a share they bought recently at a much higher price than they bought before. But, hey, I just don't care!! Target 55 stop 32.
I sold Helphire at 62 this morning for a nice profit of £851. I had intended to hold it a bit longer however it is one of my riskier ones and there were a lot of sellers on the order book. Having said that as I write it just went higher. Doh!
I've also finally sold Chloride which has bored me into submission waiting for a bid at 167.9 for a profit of £392. It's pretty flat and I think I can use the money to better effect elsewhere.
That's total profits banked for the site of £1,243.
Elsewhere things still go very well indeed.
Recent buy Creston is the star of show advancing close to 100p - of course 100p is always a barrier but any move through that could see a mega rise and indeed I think it is in the middle of a rerating - same thing happened to similar company Chime which has doubled for me from 100 to 200.
Also going well, moving slowly but surely upwards is Eaga which continues to look underrated and could easily swing up to the 200 area.
Int Tel Sys is holding onto its recent huge rise well and on the way back up. Huntsworth remains a disappointment given the share buy backs and Workspace remains dull to say the least.
Templeton Emerging Markets is only in a slight loss but looking on it warily as I read the Brazil government is imposing a tax on outsiders buying shares. Sounds pretty dumb idea to me but probably lead to the trust's price going down. I'll give it a bit more leeway but not that much! However it might just all blow over.
Centamin is proving very volatile but I set a loose stop on it for that reason. Still in a longer term uptrend.
Recent top up Microgen inches up.
Dialight and Dimension Data both hanging on well and Spirent continues to climb and a huge gain on that one now as it hits 95.
The big buy orders in Hardy Oil continue and it's looking very exciting and now doubled on two of the holdings. More nice orders today and I wonder if good news is on the way. In fact at the rate it is going my first buy will shortly be a trebler.
Talking treblers, Alterian holds onto recent gains nicely and indeed rises more. Profits knocking on £7,000 now. And it looks like it could even conquer 200 soon.
More than trebler Dragon Oil holds onto good recent gains well giving profit of over £12,000 - Doubler/trebler Petrofac now looks very exciting as it has currently risen well above 1000, very bullish move.
BTG Group and that's paying off with a huge profit now - but can it sustain the 200?
Heritage remains a lovely trebler - over £10,000 profits - it went down sharply for a bit after this week's report but climbs steadily again now. As a long-term holder from much lower levels I don't worry too much about day to day fluctuations.
So, again very happy with events. Everyone continues to look for a big swing down and it isn't happening.
All I know is it is all looking very interesting and for now happy to hold onto those paper profits of £80,000 plus and see what happens next.
I've been getting e-mails regarding my use of direct market access and who I use. I've tried a few and for me the easiest system for me is here:
http://www.igmarkets.co.uk/?QPID=1079&QPPID=1
Direct market access means you can place orders directly onto the order book bypassing brokers and market-makers with a chance to buy at the "sell" price. I would suggest you ensure you know what you're doing first but IG does provide much education with its "tradesense" educational tool which comes with it.
I also use its spreadbetting service too along with other firms like Tradefair because it now provides trailing stops which to me is a pretty sensible way of trading. Link is here: -
http://www.igindex.co.uk/?QPID=1078&QPPID=1
that also includes a pretty decent educational programme. As usual before opening accounts please read all the warnings on the sites. You can lose a lot of money if you're not careful so pay close attention to them and make sure you always understand what you are doing and what your potential losses are.
£100 Tradefair offer
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 2 spreadbets (terms and conditions apply).
To get the offer, click here:
http://promo.tradefair.com/nakedtrader100/
E-mail subscription service
Telecom Plus Offer
You get to sell great broadband, phone packages and energy to friends, relatives, contacts and anyone else you find and you get cash for each sale but more importantly you get a cut of their spend EVERY MONTH for as long as they are a customer!
It's called residual income and is a far better way to enjoy a ripe old age than relying on a pension. Because even after you stop selling the money STILL comes in!
I still get paid EVERY MONTH for sales I made back in 1999! Every time a customer uses broadband or the phone or switches on a light you get paid.
It's a great business and backed by a stock market company (Telecom Plus), a dedicated team of advisors.. and me to help you on your way!
Not only do you get paid out every month for each customer you can take on distributors. encourage them like I do and get paid on their sales as well.
One day, say you could made redundant, needed a year off or wanted to retire early can you imagine what joy it is to have the regular income coming in. It's wonderful.
You have to work at it, but if you do genuine repeat wealth could be yours. I did it. You can too. For full details, why not email me at robbiethetrader@aol.com.
An overview is also available at http://www.telecomplus.org.uk/fabdeal you can sign up directly there but do tell me!
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Trade tables follow! Trades are current open and recently closed trades. Closed trades feature the closing price and the amount I won or lost. All others are open. Trades get updated a little later than the narrative. Trading costs are ignored, however I also do not add in dividend payments and with the kinds of companies I buy, dividends tend to equal or outweigh costs. Spread rollovers ignored for web purposes. Tables as accurate as poss however a mistake or two can creep in and very occasionally if I forgot I sold or bought something it will be added at a later time.
Trades first reported Weds and Fri afternoons under "Markets" section.. afraid I can't do live trades as that would turn me into a tipster and I'd have to be regulated!