Well, even coming away from the bar completely shattered at 1am and not being able to talk for the whole weekend.. I was very happy with Friday's seminar.
And judging from the feedback those who came where happy too which is brilliant. The new hotel was excellent and for a change we got some good service. Even American pancakes in the first break.
A lovely bunch of people and as usual a wide mix with ages ranging from 20 to 75. All kinds - police officer, pharmacist, barrister, plumber, builder, doctor, you name it we had it.
One chap, Mark, who came for the seminar runs the website www.sweetandnostalgic.co.uk which is a great idea and he gave me a Jim'll Fix it Mug!

So I just fixed it for him to have a free plug for his website. Hmm, that bag of 80s nostalgia sweets look tempting!
Thanks Mike- currently drinking tea out of my Jim'll Fix it mug!
The day absolutely flew by for me, especially the evening session which raced by and I could hardly believe it when I saw it was 10pm - at that point I was fit to drop after talking non stop for 13 hours.

I thought I might be able to catch Peep Show on TV before going to the bar but no luck!
Big thanks to Paul for getting me a cup of tea at 7.30pm so I could eat my cherry bakewell tart... and keep going...thanks Paul - even more so as the hotel charges an amazing £4 for a tea.
Hot water and a horrible "Twinings breakfast teabag. What a markup! Why do all hotels take Twinings when it's horrible. Yorkshire tea is the best. Next time I'll just ask for hot water. They'd probably charge for that!!
It's a small world. One delegate, Julia turns out to be the sister of a photographer on local papers who I used to be friendly with.
Indeed her brother is the very guy who after as a throwaway comment when I said I wanted a sheep for my birthday, dumped one in my little city garden.
"Do you know there is a sheep in your garden?" said the bemused neighbours. The nearby kids loved it but it crapped all over the place.
Eventually I had to rugby tackle it and dump it on the nearest farm. I still don't know where he got it from - anyway I hope we will meet up after all these years!
One chap wore a T-shirt "Don't Panic" to the seminar which I thought was rather suitable! Indeed I did spend some time on why panicking will get you nowhere!
Well done to the joint winners of the FTSE comp - first time this has happened, so they split the prize getting nearly £150 ish each - congrats to Alistair and Phil.
And thanks to Phil for sending me a pic of his daughter holding the cheque together with a bag of chocolate buttons I bought her - and him! Oh, and me!
Thanks to the two ladies who bought the champagne which we all scoffed in the bar. Made me sleep better! And for your fun trading stories.
And well, without being schmaltzy (puke!) thanks to you all for coming and making it entertaining for me too. And no-one heckled.
Thanks to Mrs NT for all the organisation in the background which helped the day go so well.
The only difficult part for me was when advfn decided not to work just when I needed it most to display live prices.

But never mind like a true professional I diverted attention.

"Look there's a tenner on the floor over there.." I yelled. Always works.
By the time the rugby scrum had finished advfn was working again (Just kidding!)
Chris - thanks for sending flowers to us here at home. You really shouldn't have but the gesture was appreciated. They have taken pride of place here.
Everyone was well behaved this time - with no-one ending up lying in one of the hotel corridors for the night before being chucked out by the cleaner like earlier this year.
So once again, thanks to you all for coming and for helping to make it a lively day. I know a lot of emails have been exchanged and friends made. Just brilliant!

Now yes, I know some of you will think "Yuk, heave" about what I just wrote but I do mean it all so yah boo sucks to you!
Those who missed out on the seminar.... the overspill one is next week.. and there is still space but not much. I can still squeeze one or two more in.
It's on Friday October 9th at Heathrow.
I am still definitely not doing another one till late November. So this is the last one for a while!

For details on the new seminar - email me at robbiethetrader@aol.com with "October seminar interested" in the subject line.
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

****OCTOBER 9TH EMINAR BOOKING NOW OPEN**
SEPTEMBER 25TH IS SOLD OUT***
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 October 9th
Price is £495 plus 15% vat.
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 "October 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!

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/

So Mrs Gordon yet again performed better than her husband as she warmed up the audience for him.. I mean honestly, how pathetic is that?
My hero!
I was expecting a blast of "I need a hero... I need a hero at the end of the night, he's gotta be strong, he's gotta be right!" (Bonnie Tyler for you youngsters)
A typical Gordon speech. Full of... well nothing much really. We're gonna fight and I've done all this for you.

No mention of slashed pensions, huge taxes, allowing the greed that caused the problems, the huge debt, the mass unemployment, I could go on for ever. In fact if you examine the list of things in his what we got right you can pick it apart...
"Crime down by a third" has to be the most laughable! Yes, how we laughed.

We all know it's not true, the streets are way more dangerous - if anything it must be up by at least a third in real life.

"Record results at schools" - Well we all know the exams are just easier.
Unbelievably lots of talk of spending yet more money we don't have on all kinds of things. We haven't got the money. It all comes home to roost eventually.
No talk of a country where those who work hard to earn money get slammed on all sides while a lot of lazy good for nothings get all the goodies.
All the usual platitudes were there. Not one original thought or idea. Nada.
He'd obviously been well trained for this - but of course try as he might he ended up as dull Gordon towards the end whose time is up.
The Countdown clock is at 28 seconds with 2 to go. Thank goodness after the election there will be no more Gordon! Hurrah!!
As for Peter Mandelson. Arrrggghhh! What a vacous, creepy oil snake salesman he is. It's all about him.
He couldn't care less about anyone else. Look, anyone who buys a £21,000 watch has got a massive inflated ego - talk about a champagne socialist!!
The Sun is now backing Cameron. Well, they just back whoever they think is going to win!
I was quite impressed with Cameron on the radio this morning.

He seems pretty down to earth and pretty much told us that he'd for a laugh asked his wife if she'd do the warm up for him to which (reading between the lines) she told him to erm.. do one!
One good comment he made was about these silly absos which will do nothing. He wants to cut police beaurocracy and form filling so they can get back out on the streets.
Ch4's Peep Show has maintained its great standards. One of the few good comedies made here - if you haven't seen it yet, Ch 4 Fridays at 10pm!
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/ 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.

Varkey writes:

Thanks for hosting such a wonderful seminar on Friday. I was one of those that stayed till 10 and came back with the feeling that I am about to take my trading/investing to a completely new level. Your simple down to earth approach impressed me the most.

Thanks Varkey, 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!

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!!

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.

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.

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.
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Well, well. The markets just keep going up- every dip continues to get bought. They just like the m and a activity.
My view is that shares are actually trading around fair value but the market could still easily overshoot more to the upside. However just as easily we could see a collapse so for now I'm kinda on the fence. Happy to try and follow whichever way it goes.
As I said at the seminar - if I buy something for now it really has to be for a good reason. A lot of good gains have been made - the easy ones I guess - and further gains now are going to be harder. However I have a nice shortlist but biding my time and would love to buy some of them a bit cheaper.
Indeed there are also some shorts coming onto the radar - some companies with big debt discussed at the seminar - but with the strong market it's simply a matter of waiting to short them a going against the trend is chancing it.
I love doing the seminars because later in the day when I'm doing share scans often some interesting shares emerge as well as ones already on a shortlist waiting for the right time to buy.
One that came up at the seminar was one I have always ignored in the past because I thought its technology was dated, it would never really make money and might even go bust. Indeed I thought it was a share only a real idiot would buy.
But it came up on a few scans and at home I would probably have not bothered researching it but I did at the seminar and amazingly I became interested.
It's called Photo Me (PHTM) and I can hardly believe I own some buying 10,000 at 32.75 . It really looks like it's possible that the company is really turning around and I was especially impressed it has got some booths into Tescos - and indeed two people at the seminar said they had used these new photobook booths. It looks like management could be turning an outdated technology into something people want to use. Time will tell. I also liked the buying volume that's been coming in. And best is that cash appears to be rolling in and debt is way reduced. Target is 42 stop 28.
Nipped some Telecom Plus (TEP) live at the seminar getting 500 more at 304 - using the order book to get them at the then "sell price" - statement today says all is on track and it's making sure it doesn't get saddled with any dodgy gas/elec accounts and it's improved its incentives to new distributors. Profits for the website on this longer termer now over £20,000 and thousands of pounds worth of dividends! As we saw at the seminar, level 2 looked really strong. Do remember whenever I mention this company I have been a distributor for them for 10 years and so am somewhat biased in their favour!
As mentioned above a number of shorts are coming onto my radar - companies that have risen strongly but maybe have overshot to the upside and a few came up at the seminar. Wolseley (WOS) was one that came up and looked a tempting short. In fact thought I would short it on Monday. But then on Monday it released a statement saying things weren't that bad (but still pretty bad) and some debt had been repaid - even so I can't see how it can be worth more than £4bln so I waited while it gained Monday, yesterday and today and even though I think it is never wise to try and call the end to a strong uptrend I've taken a chance and shorted it this morning for a tentative fiver at 1512. Looks overcooked and looking for an intial fall to 1400 and possibly more. Target 1400 stop 1535. However as I write it has gone up to 1521 so looks like I am going to get stopped out any minute! Worth a shot though for a good profit Vs potential small loss. Though right now looks like I am going to report a loss already!
I set a tight stop because if I got it wrong it could easily boom higher again. And I'd rather take a small loss quickly.
Harvey reported today - it's done quite well over the recession and there's a dividend rise and while there doesn't look to be much downside - and bid potential - I sold mine this morning at 51.38 to bank some profit. Mainly sold as the mm's had marked it down already and I suspected some selling would follow later. Profit is £1,108. It has dipped further since - I think if it drops a tad more I'll buy some back. I also sold Styles at 34.5 because it kept slipping and it is my riskiest. Again here I might be tempted back in here on any sudden further dip. Profit £110.
Total profit for the site today is £1,218.
Elsewhere Alterian has now trebled for me, what a brilliant share and it's up again today on news that a recent purchase is going well. Not been tempted to take profits on these yet as I think there is more to come. Profits knocking on £7,000 now.
Another good riser today is Nestor Heathcare up 10% so far today - and already a 50% profit on these.
Often it's the really boring shares that pay off. They don't move much and when they do they crawl but often they turn out real good winners. I'm talking Booker here! Staying patient with it has already resulted in a 20% plus gain and it looks good tofay.
Aminex rises again and looks very nice but still needs to hit the double figures to progress further,
Intec Tel Sys continues to target 100, any move above it good see some more decent gains. It is so close today!! Nearly there!
Recent top ups are doing well especially Hardy Oil which has decisively broken through 400 and even whizzed up to 450 and has joined my long list of doublers and treblers. Spirent also moves nicely if more slowly - both these look very strong.
The Yell short goes well though maybe I should have grabbed profits when it hit close to the target of 50! Still a decent profit there now. However I'll be taking profits on these fast if there is any new upward momentum.
Chime is rising again today last week it announced a decent little acquisition using some of its cash pile and looks determined to grow. Still waiting for the 200 to be beaten!
Dragon Oil - well over trebled on this one - fantastic profits of over £5,000. Can't seem to decide what the bid price might be. It's not sure about heading over 400.
Another star is Petrofac which has bust through 1000 as I suspected it would giving me a massive profit of over £12,000 - what a star share this has been. Seems to not really want to go over 1000 for now.
London Capital seems solid now over 200. Fenner has leapt higher and looks very convincing indeed. Recent buy Huntsworth looks very nice indeed, - directors have been buying an awful lot of stock with some really massive buys showing a lot of confidence and together with that share buyback going on no reason why 100 should not be reached. Might take some time though.
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. In profit over £3,000 there
The banks continue to surge for me and nearly £15,000 profits on Barclays and RBS. XP Power is now over 300p so a lovely little profit there.
Heritage remains a lovely trebler - over £10,000 profits. Microgen continues to be a delight with near £3,000 profit.
Optos produced an encouraging statement today so I'll hold for now with profits of more than £5,000 building there.
So all in all I remain delighted with progress and the money pile continues to build.
However I am now more cautious than I was a few weeks ago and continue to build a list of potential shorts for when the market begins to dip.
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 2 spreadbets (terms and conditions apply).
To get the offer, click here:
http://promo.tradefair.com/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.
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!