more than £2 million banked since launch

28 Jan

JANUARY 28, 2011

Lazy Sunday afternoon

** 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
**
When you are a parent there is just nothing like a playdate. Your child/ren head off for a party or to play at someone else's place and you actually get some time off!
Not that Christopher isn't lovely but just sometimes it's nice to get some time off!
So Christopher was due for a party last Sunday between 2 and 6, and was duly collected.
Wow! Sunday papers in bed! Haven't been able to do that for years! Hey! An oasis of an afternoon. Papers, tea and toast in bed and maybe some mummy and daddy time!
Ten past five we had literally just finished playing mummy and daddy.. the bell goes!!!!
Arrrggghhh ! He's back early. "The party must have finished at 5 instead of 6" said Mrs NT
I grabbed my dressing gown and rushed to answer the door.
I opened it to let Christopher in but who should be dropping him off but.. alpha male banker.
He's big in the city. He is very Alpha. I know he thinks I'm some waster.

I dunno, fancy not having to get up at 5am and not home till 8 ! And wander around in t shirt and jeans. Where the hell is my pinstripe?
He gave me a pitying look - and then a withering one. Something worse than normal then I realised why!
I was wearing Mrs NT's Cath Kidson dressing gown. All pink with purple and green spots. Very girly.
"Was everything ok?" I asked.

(Parents code for did my child do anything awful to any of the other kids)
"Fine," he said. "Goodbye". (I thought he was going to tell me I was the weakest link for a minute).
One more withering stare and he marched off. Probably put him in the mood to fire someone on Monday.
Christopher took no notice, but then again he was already guzzling some of the horrible e-number ridden revolting contents of his party bag.
Mrs NT creeps out of the bedroom.
"Hmmm, suits you," she says.
"That was embarrassing," I said. To relieve the stress I ate something yummy from the party bag.
Mmmmm, Haribos. Quite nice, really.

Well, with Christopher telling everyone I write "adult books", goodness knows what the gossip is about me with parents and teachers.
We have had the same cleaner for many years and Christopher has kind of grown up knowing her.
We've done a fantastic deal with her: every Thursday instead of doing the morning here she's going to do the evening and babysit Christpoher!
This means every Thursday we get the chance to go out... yipeeeee!!
So yesterday we went to Westfield, had a nice meal and saw Oscar nominated movie "Black Swan"
It was excellent, super scary but interesting at the same time. Definitely one to watch on the big screen for all the sounds effects.
Who'd have thought a film about ballet could be such a hit? Go and see!

Looking forwards to seeing all of you coming to next Friday's seminar. There is almost always a market crash the day before a seminar so think about going short on Thursday!

See you all there next Friday...
As mentioned last time the seminar (Feb 4th seminar) has sold out but I've booked on overspill event so there is now another seminar on Friday Feb 25th.

Mail me for details at robbiethetrader@aol.com with "Feb overspill seminar interested" in the subject line.

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!

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


Naked Trader Seminar Latest News

**** BOOKING FOR FRIDAY FEB 25TH AT HEATHROW NOW OPEN**


***Feb 4Th 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 still open for the Naked Trader Xmas seminar on Friday Feb 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?


£100 Tradefair offer

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

Naked Rambling

You have to love the way Ed and Ed are telling us how to best deal with the current financial mess the country is in.
I hate to break it to you guys but: "It was your fault!"
And their idea is, yes you guessed it. Take out the giant UK credit card out again and spend more!
That time has gone. Our credit card limit was reached and breached a long time ago. Now we have to endure the heavy slog of clearing our debts. Made by you, hopeless Eds.
Meanwhile everywhere you look people pay for everything by credit card. What happened to waiting for cash?
How much more debt can people carry on building up and then pay interest on it? It's crazy.
I've not seen anyone using cash for ages.
Raising your voice at your partner now counts as domestic violence under s supreme court order.
Yes looks like even having a row has been banned. Let's hope it's not jailable otherwise we will all be in jail!
Hmm, in fact Mrs NT just asked me to take the bins out. Pretty sure her voice was slightly raised so I'm off to the police station to report her.
Redditch council is going to use the heat from the next door crematorium to help heat its swimming pool.
I rather like that. When I eventually get barbequed it would be nice to think at least I was maybe helping to heat something.
And if a bit of me ends up in the pool, well so what? It can mingle with all the rest of the bits of bandages and other people's bits and pieces already floating at the bottom.
Sky Atlantic launches next week on channel 108. At 9pm some great shows. The Sopranos from the beginning - do not miss if you did not catch it the first time round.
Also Curb Your Enthusiasm from the start plus the HBO series Boardwalk on Tuesday, will definitely give that a view. (Well record it as I'm going out).
Plus loads of other excellent programming. At last!!

The spreadbetting firm I use for sports betting is here:
Via this link Open a Sporting Index account and there's £300 total goals bet on 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.


Naked Mail

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.
Helen writes:
Thank you very much indeed for your superb seminar on Friday. Many factors that made it worthwhile, however your talent in communicating so clearly, in a way that was accessible to so many people, really stood out. I now clearly see the error of my old ways of buying at quite the wrong times and lacking a businesslike attitude. Time to turn over a new leaf. DMA was fascinating, along with being taken through your thinking and decision-making

Thanks Helen. Yes, learning direct market access and how it works can be very useful indeed. Glad you enjoyed the day!
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.


ADVFN level 2 offer

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.

ADVFN Bronze Offer

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.


Advfn Silver Exclusive Offer

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

The deal is via me you can save 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.


Selftrade Offer

Want to try out broker Selftrade superb trading system for no risk? You only have to trade once to get £50 bunged into your account! You get £50 and I get £50.
All 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

Markets

I hand over to my mate Smashey to tell you about what I bought today:
Welcome pop pickers! It's golden oldie day here at FabNakedTrader FM!!
Hey, right today I'm digging deep into the past and I've bought a sensational golden oldie!
Pace (PIC) - what a deeply fabbie dabby oldie that is!
I remember that one getting me in a right spin back in 1999 when it went crazzzeeeee! Everyone wanted this one, it made some truly cool sounds, hey it gave us MTV !
Ah, it went crackers in those days, everyon was buying it then.
Hey but back here in, well not quite so fab as it was then 2011, something fab is there, yes afab trading range of 180-220 so I'm giving it another spin! It's on the low part of the range, pickers, and I want out at near the top of it, groovers!
Hey, don't expect it to be such a big hit this time but spinning in at £30 at 187 looking for 30 points quicktime, dudes!
Let's hope it picks up some Pace!!!! Remember those cool set top boxes.... hey we all had to get them because the Amstrad ones just weren't cool were they? (About on a par with the Amstrad email phone)
I'll be back next week with with another super oldie, and ones you may have forgotten about,
I'll be going right back to the days of Marconi! No not THAT Marconi!!!!
Remember that one, straight in at number one then just kept on going down! I bet one or two of you still have it somewhere, maybe in a drawer!!
I was going to give a spin to other oldies Woolworths, (plenty have that in a bottom drawer!) Connaught and Aero Inventory.. but I can't find them anywhere!!!
See ya next week! Byyyeeeeeee!!!!
Erm, right thanks, might invite that guy back, but on the whole, probably not. Bit too zany for me. Mind you nice to have a bit of colour after all talking about the stock market can sometimes be, well a bit dull.
As I said last time I was thinking of taking profits on Afren, and I just have at 146, it just can't get up and over 150 for now so time to bank a profit of £3,620. Mind you, it's going higher as I write now, I could get 147 now typical eh? May be worth another shout if it conquers the 150.
Shares often go down on the morning of a statement even it it's good, the idea being those in profit take them or some of them. Then the price starts to rise again a day or two after. I just noticed today e2v is reporting next week so I just topsliced on that basis, for site purposes the last lot bought, 5,000 sold at 109.33 this afternoon which banks a profit of £516. Hold onto the rest and hedge my bets.
That's a total banked of £4,136.
Oh, it's a final goodbye to Nestor Heathcare which delists at the end of play today, made £40,000 profit on that one over a year and a half. Just a note to say not to worry if you didn't sell yours as you get paid at out 110p in cash, so if you have them you get the money soon. Not sure when.
A quiet couple of days for the portfolio with not an awful lot happening.
I guess Entertainment One continues to be a star performer and carries on rising after reports Peppa Pig is taking on America. They've rushed up in the last couple of says for a definite double and profits close to £5,000. Could well be holding this one for even longer.
Harvey Nash and Microgen, both recent picks have shone brightly with Microgen now a trebler and massive profits for the site of about £18,000. Well, actually I bought Microgen at a seminar a year or so ago and it never stopped going up.
RPC continues its mega rise, lovely trade so far. Gamble Emed Mining 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.
The adding to Chime dings nicely - it has already doubled and more for me and still looks cheap. Up yet again the last few days. Recent buy Anite goes up a touch but needs to get over 65 to convince. Probably needs a statement. Or else some profit-taking still going on.
Exillon tries hard to get through 400 and looks worth sticking with, glad I bought some more.
Kentz burst through 400 but fell back on profit-taking, which is fair enough but I remain in for more
Capital Drill has been a star, trying hard to hold above 100p mark which it just manages. Sepura has moved up well since I bought but 50p proves a barrier for now. Mind you if it can break through 50p, could move sharply up to my target area of 60.
Porvair, wow, what a share that is proving and I've now doubled! It produced an excellent statement yesterday which produced profit taking - that often happens on even good results - but one to stay with I believe for more upside.
AZ electronic keeps trying to break above 300, can't quite do it but getting there! 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.
Splendid profits have continued to build in African Aura, - it will split into two companies soon which looks a good move.
Carclo and Dialight consolidate recent big gains very nicely. Dialight has nearly quadrupled for me - . Those of you who came to one of the seminars might remember me buying that live at 140ish - now it is close to 600.
Little gamble Asterand has gone nearly 50% higher for me and also hold onto its good gains. There appears to be some good buyers in it this week though the market makers have cleverly tried to prevent trading in it by widening the spread. CPP has come back under 300, it is very volatile but the longterm uptrend is still there.
Telecom Plus has soared again and as I thought it would has hit 450. I would think it could hit 600 by year end. Its new mobile deal looks incredible. Website profits are up and over £25,000.
Innovation and Ocean consolitate well as does Cineworld. The brilliant Volex has risen up to 350 and says dividends are on the way sooner than expected. I've doubled on the original lots I bought in the low 100s and in a really super profit of over £13,000.
The Vitec Group is heading back up nicely and is trying to crack the 600 mark - been brilliant so far. Aggreko remains volatile with the ftse but longterm uptrend is up.
Hyder carries on going up and Xp Power has started another surge and up and over 1300! Amazing!l I bought this one at 164 a year and a half ago with a profit of £16,000 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!
.Lovely Petrofac remains a core hold and has soared. Together with spinoff Enquest sees me sitting on profits way in excess of £30,000. Of course it's volatile but a strong uptrend remains intact.
So some profit taking this week has worked nicely.. I wonder whether February will bring a warm front, or a cold system...
I've been getting e-mails regarding my use of direct market access and who I use. I've tried a few and for me the easiest system for me is here:
http://www.igmarkets.co.uk/?QPID=1079&QPPID=1
Direct market access means you can place orders directly onto the order book bypassing brokers and market-makers with a chance to buy at the "sell" price. I would suggest you ensure you know what you're doing first but IG does provide much education with its "tradesense" educational tool which comes with it.
I also use its spreadbetting service too along with other firms like Tradefair because it now provides trailing stops which to me is a pretty sensible way of trading. Link is here: -
http://www.igindex.co.uk/?QPID=1078&QPPID=1
that also includes a pretty decent educational programme. As usual before opening accounts please read all the warnings on the sites. You can lose a lot of money if you're not careful so pay close attention to them and make sure you always understand what you are doing and what your potential losses are.

£100 Tradefair offer

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

E-mail subscription service

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

Telecom Plus Offer

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