more than £2 million banked since launch

13 Oct

OCTOBER 13, 2010

Loads of balls

** My new book - about spreadbetting - has just been published, you can order it here:

http://books.global-investor.com/books/401334.htm?ginPtrCode=10453

Welcome to any new readers coming to the website from the new book, I would suggest you read the spreadbetting book in conjunction with Naked Trader, available here:

http://books.global-investor.com/books/27120.htm?ginPtrCode=10453
**
No update on Friday. Why's that Robbie you lazy gitface?
Well, because I shall be hopefully be in the lap of luxury in a five star hotel in London - right in the heart of London actually.
But hang on, you hyprcite wally - you said recently you were done with poncey 5 star hotels.
Yes, fair point. But being in the centre it's not like one of those poncey county 5 star ones you see.

The thing is it's my birthday next week - grandma is coming from Ireland to see Christopher for a few days so while she is here it seemed a good time to get away on our own for a couple of days.
We debated getting on a plane to the south of France to get a few rays. But then the thought of Heathrow Airport, queues and the rest of it and it didn't seem worth it for a couple of days.
And we thought it might be fun to spend Friday to Sunday with a hotel base and do a tour of or very own city. It's true often you live in London but never see it properly.
We've booked a decent restaurant for one night and probably do a movie the other night.
And of course being a mummy and daddy without child for the first time in a long time! He and Grandma get on very well so sure he'll be fine!
Mrs NT has bought me some golf lessons! 3 hours worth at the local course. So yesterday I headed off for my first lesson!
.. I wondered whether I could even hit the ball at all and I could so that was a relief.
The very patient teacher taught me all about the right grip (ooh er) and the correct stance. Then I had to start to hit a few balls into a field.
Hey! It was quite fun. Obviously I couldn't hit it very far but give me time!
My teacher explained it was best to start slowly and try to learn the correct techniques first. I think I ended up hitting about 50 balls into a field (oh it's £5.50 to "rent" the balls).
I left the lesson feeling it was quite fun and I have another 2 hours of lessons left so I'll do them over the next couple of weeks...
After that apparently I can leave the field and try a short real game.
Mrs NT doesn't seem that worried about becoming a golf widow. I can see me spending days on golf courses while she's at Mulberry....
I'll keep you up to date with my potential new hobby soon.
There are so many new things to learn and do in life I have no idea how anybody can do them and have a full-time job.
In fact thinking about it, I can't remember how I did anything else when I had a full-time job. Praise be I haven't had a job since 2001.
Big excitement for Christopher this morning - the school is off for a tour of The Tower of London today!
And even more exciting for him is that Mrs NT is going on the trip too! She has to help on the tour and to keep excited five-year-olds from doing the things, well excited five-year-olds do.
She was a teacher for many years so keeping order won't be a problem. She's taken my little box that does short video films so looking forwards to seeing some snippets tonight!

Thanks for the continued feedback on the seminar. I'm really glad to read some of you are already using some of the techniques I showed you.
Some of you appear delighted with one or two of the "tricks" I taught about timing and judged by the mails I'm delighted that you really did "get it"!!

Do remember which side of the order book is which! I hope if you all carry on using the tools I showed you, it ought to transform your trades.

Once again it was a pleasure to host the event and thanks for all those gin and tonics. Well, I think thanks - I wasn't so sure when I woke with such a sore head on Saturday!

Those of you who missed this seminar don't despair as I've booked the next date!

It's going to be on Friday Nov 26th. Booking now open so mail me for details at robbiethetrader@aol.com with "Nov Seminar interested" in the subject line.

Those of you booking at this early stage will get a very generous early booking discount!
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'm now taking bookings for the technical analysis seminar on Sat Dec 4th with top trader Susan Marmor and myself. Learn to take the emotion out of trading by using simple TA techniques... you must have been to a previous seminar of mine to qualify unless you can persuade me you are already a reasonably experienced trader... Mail me at robbiethetrader@aol.com with "TA seminar interested" in the subject line.

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 FRI NOVEMBER 26TH AT HEATHROW NOW OPEN**
(SEPTEMBER 24TH SEMINAR NOW SOLD OUT - SORRY)
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 seminar on Friday Nov 26th.

Price is £495 plus vat. However right now there is a generous early bookers discount!
That includes three course lunch, coffees, snacks etc.
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?

Exclusive One Point Spread, £250 Cashback Offer

Still a massive response coming in for the sensational 1 point indices spread offer plus £250 cash back on losses - my mail box continues to be full of enquires - don't miss out!
I have arranged a deal with a spreadbet company that gives you just ONE POINT spreads on all the major indices and very tight spreads on everything else. A one point spread is just amazing and you can use it on the FTSE, DOW, Nikkei etc...
Not only that, I can offer those of you interested a fantastic £250 cash back on any realised spreadbet losses made within your first 8 weeks. That means you get back any losses up to £250 which could come in extremely handy.
If you'd like the details of this offer just mail me at robbiethetrader@aol.com with "£250 cashback offer" in the subject line. This really is a great offer which will have a limited lifespan so if you want it, get cracking!


£100 Tradefair offer

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

Naked Rambling

Isn't it brilliant to see the miners getting rescued?
It must have been an awful experience and good luck to them all in making as much as they can from it in movie rights etc.
Hopefully they can all retire from mining with some nice sums, terrific. What guts they all have.
I feel humbled in a way that they do real work while I just sit at home trying to sell meaningless number higher than I bought them.
There's a lot of fuss right now about university funding and debt etc.
I propose something radical to reduce student debt. Reduce the university three year courses to two years.
Come on, we all know a year of it is spent p***ing about!
I bet with the odd exception or two most courses could be completed in two years. I believe some days students only get one lecture. So how about 2 a day instead over two years?
Of course there will be exceptions - I suspect medical courses for example may well need longer. But, say an English degree. Come on, that can definitely be done in two. (Dramatic irony is the answer by the way).
Well I've been banging on for some months about the fact most of these politicians have never run a business and so have got no idea how to keep costs under control.
Sir Michael Green has discovered for himself how incredibly wasteful the last government was and how indeed Brown himself was a big waster of money.
Brown even reduced the time of paying invoices to 5 days. No business operates like this.
Laptops that could be bought for £400 ended up costing thousands. Departments were buying same products at wildly different prices.
Sir M reckons billions can now be saved. But how many billions were wasted over the last few years? Money that could have helped pay off the deficit, - or pay for more nurses?
Time for a permanent job in Government for a good businessman to oversee what's being spent on what.
My view is all those who do the buying for the government should be told to imagine they were buying for themselves at home with their own money. Shop around for the best deal like we all do.
The Apprentice tonight! Tonight they have to wake up early and go to Heathrow.
I know how they feel given I have to do that five times a year or so to set up the seminars! Hmm, trip to Heathrow at 6am? Lovely!
Anyway hopefully the contestants will continue to act like complete t


for our entertainment and Lord Sir A will doubtless eventually ensure the best-looking woman makes the top 3 as seems to occur every year..
Mad Men continues in great form so Wednesdays is definitely the TV night!
The spreadbetting firm I use for sports betting is here:
Via this link Open a Sporting Index account and there's a £200 total goals offer (Or £100 cash alternative) 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

Matt writes :
Not sure if you realise how great this quote of yours is:-

"...Good poker players are far more likely to make good traders than clever economist or accountants.... They don't realise trading is like a card game, it's you against others. Economics doesn't come into it"¦"

Oscar Wilde would've liked that one for himself. I hope you don't mind, I am now using it along side Warren Buffet's and George W's greatest one liners

Gosh well that's kind of you but I am no Oscar Wilde, or Warren B! I do believe it to be true, however!

Duane writes:
Wanted to say a big thank you to you and Mrs NT for an amazing day of learning and fun at your Septemnber 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.
Mike writes:
I would just like to thank you again for the great time at the follow up seminar and would like to report that thanks to your methods of teaching I have completely changed my investing style and since my first seminar a while back my fund is now nicely up which is a complete turn around from my day trading the FTSE days!

Mike glad to hear of continued success! It does take time to figure out what works for you. Some can make money day trading but it isn't for everyone and investing can be easier for some, including myself.

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!
John writes:
Thanks for a great seminar last Friday, everyone I spoke to enjoyed it and marvelled at how you kept going so long; you certainly gave value for money.

If the seminar taught me anything it was how to trade in a more professional and detached manner. I realise up till now I was just playing at it.

Thank you once again for a fantastic day that will remain with me for the rest of my life.

Thanks John, though my wife sometimes complains I go on for too long.....


Advfn Level 2 Exclusive Offer

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

ADVFN Bronze Offer

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

Advfn Silver Exclusive Offer

Deal three is ADVFN's silver subscription - for those of you who want all the benefits of Bronze AND always on real-time prices.. no more using the back button and getting frozen out!
The deal is via me you can save £30 for your first year by paying just £138.06 inc vat via me instead of £167.47.
Just mail me at robbiethetrader@aol.com if you'd like this deal with "silver" in the subject line.

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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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Markets

When markets are on an uptrend it's fascinating to see how they also lunge down from time to time to catch as many people out as possible. That's the way it is. A bit like poker - do you hold your hand or fold?
In the main my hand is still out there!
Anecdotal evidence can often be the best reason to carry on holding. Cab drivers tell me their business is back to where it was a couple of years ago.
Starbucks seems to be permanently full. Indeed yesterday I waited in a queue while someone spent £30 on coffee and those horrible addictive cold drinks that are full of crap and sugar. The restaurants are chokka and it's hard to get a table.
Of course it could be collective madness as we carry on living on debt and Quantitive Easing. I guess we'll find out in time but for now there is some confidence out there.
With the portfolio continuing to gain nicely I don't actually feel I need to "trade" much - with the money rolling in it's kind of if it ain't broke don't fix it for me. I'm fully invested in Isas and I never add any extra money in so to buy something now I need to sell something and there's not much I want to sell. I did manage to get a nice FTSE fiver long open at 5573 and another fiver at 5601 and have now raised the stop to 5650 so profits will get locked in if it dips from here. No science to it, just bought on the massive dip and scaled in. And got lucky.
I bought Entertainment One (ETO) 5,000 shares at 83.9 .
I've been meaning to buy these for a few weeks and I was waiting for a sign of an upward move. I waiting a bit to long silly me and bought after it had already gone up a bit.
However I think this one could have a very nice run next year and I've bought these on a long-term view to double my money over 1-2 years. It's in the film and kids tv market - I should know how well it's doing as two of its biggest shows - Peppa Pig and Ben and Holly's Little Kingdom are two of Christopher's favourites.
Peppa Pig is just hitting the US but Ben and Holly - a terrific show - is just getting going and looks set to become a classic.
This company has a real eye for a hit and despite the debt being a little higher than I'd normally allow this one looks a cracker of the future - the recent move from the AIM to main market shows management are serious about the growth.
So, I expect to tuck these away for some lovely gains. Target 120 stop 69.
I also nabbed some Hikma (HIK) - time I got myself a bit of exposure to this sector. Fundamentals look good but even better is the lovely strong uptrend that is kicking skywards. This one's on a spreadbet for a tenner at 720. Target 800 stop 705.
I got rid of a non-performing spreadbet, after all if shares aren't rising in a strong market it's not a great sign. So Xchanging has gone at 139 for a profit of £50. It's done nothing but gradually drift which in a strong market begs to be sold.
I topsliced some small Telecom Plus at 378 - for site purposes that closes the last position made for a profit of £750. Still up a fortune here, in real life well over £100,000 in profit not including the monster dividends. The only reason for the topslice was to get some cash into the Isa to buy other things as the company still goes so well.
Mulberry continues to rocket after results with the spreadbet up nearly £5,000 now - indeed it has doubled and with Mrs NT and friends continuing to buy their handbags and boots there I continue to hold! So thanks again for this one to Mrs NT for Mulberry bags and boots appearing at home was a big buy signal and B) - thanks to the ladies at the July seminar for agreeing Mulberry was the hot place for the ladies to be.
Recent buys 4imprint and New India both go well. So do the shorts in Galliford, Savills and Ocado. So do recent spreadbets on Cape and Heritage.
E2V produced a very powerful ahead of statement and once profit takers are out of the way I hope for this one to power on and upwards through 100p.
Xp Power consolidates its recent big gains I bought this one at 164 a year and a half ago and it's now around a tenner with a profit of £13,000 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!

In the same sector Volex tries hard to stay over 300 - a cracker too! Profits up and over £10,000 on what one, a lovely one. It needs to close once or twice over 300.

Treatt has moved a little higher, can it push on up to the 400 mark after the recent bullish statement?
Carclo looks very strong pushing up over 180. If its new technology proves a winner I would expect a big leap over 200.

Recent top up Alternative Network is beginning to move up again and looks worth at least another 40p in my view. And that's without the bid potential where I see take out as high as 300p.
Microgen continues to look exciting and having doubled now hoping for the treble and it doesn't look far off - if as I suspect it will carry on being re rated as a tech stock it should head up to at least 120.
African Aura has rocketed this week there was a bit of a shake but is on the way back and a quick star performer! Andor say they are ahead of expectations which is good news. The share price should continue back up as it looks like profit takers are nearly done.
Photo Me continues a brilliant run - looks like it will shortly be a doubler - it's not sure currently in the 70s so it might take a while before a possible next step up.
Recent buy The Vitec Group has managed to break up a bit. Patience should pay off! Gone ex dividend so a payment coming too. Pushing 500 at the moment and looks like it might get through
Yule Catto goes very well and looks to break 250, it went ex dividend today so a nice divi payment is on the way too!
Recent top up Alterian is having a good go at holding above 200 and some nice buying there. SportingBet joins Promethean on a yellow card - directors made a sale, but while 70p remains good support it'll stay yellow rather than red. However both will go for small losses if they dip much more.
IG has risen nicely all week. And Devro seems to be starting a new run up it got through 250 and now having a crack at 260. What a brilliant one this has been..
Dialight saw a bit of a treeshake which wasn't unexpected as mm's tried to activate stops by pushing it under 400. I've stayed firm .Lovely Petrofac has surged again today after a bullish broker note and now tries for 1500! Together with spinoff Enquest sees me sitting on profits way in excess of £25,000. Of course it's volatile but a strong uptrend remains intact.
Hyder climbs again after its excellent statement. - a bid still looks like it's in there for nothing!
Aggreko has shot up today. Some bid rumours have been floating about in the papers but who knows? Spirent has doubled for me and there recent top up is in profit. It goes higher today after a broker upgrade.
The AA has raised its bid for Nestor to 100p - Nestor appear to be playing this very well! They now say kind of grudgingly that they will meet the AA again to discuss but 100p still undervalues the company. Looks like some good negotiating going on there - if I was going to bet on it I reckon they'll get it to 110p. Which is just fine. My profits currently are well over £20,000. Worth holding to see what happens
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!