more than £2 million banked since launch

10 Nov

NOVEMBER 10, 2010

Off for some football fun

** 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
**

Tonight I've been given a couple of tickets to the Chelsea VsFulham game and a meal at the Chelsea ground beforehand!
The tickets are from a friend who is a Chelsea season ticket holder.
As Fulham FC is right next door to where I live I have to support Fulham but given I will be right in the middle of the home supporters if Fulham score (probably unlikely) I'll keep quiet!
Fulham are 25-1 which is not surprising though tempted to have a tenner on for fun as you never know with football but you would expect Chelsea to win with a bit to spare.
Apparently on this season ticket Chelsea supplies a top notch meal before the game. This isn't the same for Fulham season ticket holders who I think would be lucky to get a bacon roll!
Anyway it would be fun if Fulham do well. Maybe Clint Dempsey can pull something off. Or maybe Didier is still suffering from malaria.
Tell you all about it on Friday! Come on Fulham, and er .. come on Chelsea!
So I set off on the tube to give my talk to the London School of Economics. To say why I think economics doesn't mean much to a trader.
And for the first time in a long while the tube worked fine. When it works, it's good!
In my carriage it was one I Pad versus 6 newspapers and 3 books.
I had a newspaper and pondered reading that versus an I Pad.

My thoughts were the newspaper was way easier to scroll through and pick and choose the bits I wanted to read fast. I can't imagine it being so easy on an I Pad.
But then I suspect five years on, will it be all I Pads on the tube and zero books and papers? Or will people still read newspapers and books. I kind of hope so.

There's something nice about a book. And something, well, a bit clinical about an I Pad.
I thought about my parents who recently died and wondered what they'd think if they were on the tube train seeing people with I pads. It would seem like another futururistic world to them already.
I would love to come back in 200 years time and take another peek at a tube carriage. What will and how will people be reading then. A book downloaded directly into the brain?
I arrived at the LSE. It has a new modern building block which is very nice indeed.

It's full of, well I guess the investment bankers of the future. At least that's what the students tell me they want to do.
There were about ten students milling about outside the lecture room. So I figured, ok, well it should be nice and quiet and easy.
On entering, suddenly about 70 students seem to come from nowhere and fill up the room, some standing a the back.
Some I think were just curious, one or two already read the site, and I would say about 7-8 already tried trading.
The curious buggered off after ten minutes (about 12) - my talk about psychology obviously wasn't what they were after. Or else they just thought I was some old b


stuck in the past.
The internet connection wasn't working well and I struggled to bring up my spreadbetting accounts live, I like working off those especially to show how to move stops up. At that point I lost some of the audience a bit who of course want any excuse to get texting!
Eventually the internet worked better and after the hour was up I suggested those who'd had enough left and those who were interested in trading and wanted to ask questions stayed behind. There was a mass exodus!
Well, after all Hollyoaks was about to start on C4 plus one..
That was better really as it left me with about 15 who were interested and I stayed another hour because the questions were interesting and I could go into things in more depth.
I think those left got the idea that those who were good at online poker were the most likely to be good at online trading - I think one or two will do really well.
I guess I found the whole thing a bit stressful in that there was a lot of noise with people going in and out and with the internet not working too well. Also in an hour it really isn't possible to cover what I do.
So in the end it crystallised my view that I either do things properly with people over ten to 12 hours or don't do it at all. So don't expect any more one hour talks from me for anyone!
Still, it was an experience. And it was interesting to see the bustle and hussle of that area of London.
Talking to the students some want to be investment bankers, market makers and the like and I'm not really sure they are totally aware of what it means. Which in the end to my mind is an upmarket bookmaker!

Internet poker was definitely rather popular and I guess if these maths brains are good at it it could pay off some student debt....

So some bright brains in there for sure. But I did wonder in the end whether it was a bit of a shame that some would be heading for stressful long hours in trading rooms.

I hope they enjoy the time they are having right now before they get bosses and responsibilities!
I bought some boxes of fireworks and let them off in the garden before we left for the local firework night display which was rather good! There was also a fairground - £2.50 a ride!
Christopher had a great time as we met up with his friends from school and it was a lovely evening with great fireworks.
He's such a happy boy - I hope I'm giving him the fun and worry free childhood I never had.
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 (£7.99 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 £6 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
Thanks for the continued feedback on the last seminar. I'm really glad to read some of you are already using some of the techniques I showed you.

The Nov 26th seminar is sold out - if you want to go on a waiting list for cancellations let me know - however I have booked a new date which is Monday December 13th - The Xmas Seminar!
So if you missed out on Nov 26th this seminar don't despair!

Booking now open for December 13th so mail me for details at robbiethetrader@aol.com with "Xmas 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! Hey, maybe a Xmas lunch, turkey etc!!
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 MONDAY DEC 13TH AT HEATHROW NOW OPEN**
(NOVEMBER 26TH 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 Xmas seminar on Monday December 13th

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

Lots of fracas going on in the Labour Party with Harriet Harman in the thick of it after telling porkie pie MP Cruddas he's out.
Quite frankly most of them seem dodgy one way or another so pot calling kettle springs to mind.
David Cameron is visiting China. What do you think is nearer the top of the agenda.
A. Trade. B, Human rights. Hmm, tricky one that....
"Right chaps", says Cameron. "You've got to stop all this torture and stuff..."
"Hmm," say the Chinese. "What was that about waterboarding we read?"
I
Yet more brilliant Mad Men and Apprentice.
The right person went this time in The Apprentice. That last tirade did it.
I must admit I thought they were all a bunch of no hopers but in this series it looks like we might have one o two good uns in there. Liz still looks odds on to win it.
Wouldn't it be great it Ann W won strictly! But it would be terrible, cry the purists!
No, it would be a great laugh and a lot of entertainment for us viewers! Vote Anne!!!!.
was reading a feature in The Times about a pet psychologist. Yes, she will come round your house and tell you what your pet is thinking.
I can tell you what your pet is thinking at no charge. "Where the f*** is my lunch?"
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 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.

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 deals are just £12.50 with no funny small print. They also charge £35 plus vat pa for all accounts. Follow this link...
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Markets

Crikey! I'm glad I follow the markets and not try and guess the next move - so many were predicting terrible crashes in October including both of the biggest investment magazines.
QE has gone down very well and conditions are superb for making money and I am trying to make the most of it right now.
The market has soared since QE although it is going down today giving some back, not exactly a surprise, we will see if it starts to head back up again. Actually a bit of down would probably be healthy now for a nice run up to year end.
I've bought 2,000 shares in Exillon Energy (EXI) at 265p.
It's an interesting independent oil producer with assets in the oil rich areas of northern Russia, Timan and West Siberia. There's been a recent significant upsurge in production which sees the current share price soaring - and soaring so much it looks like there is more to come.
The other point is it's been accepted into the FTSE indicies and at its current market cap it will go straight into the FTSE 250 in December which should see a whole lot of new buyers as tracker funds will have to buy in. So looks a good thing to me for at least another 100p. Target 300 stop 240.
And though the spread looks wide it isn't really and for example as I write it's 295 but buys are being made at 287.
I'm back into old friend Centamin (CEY) where I've made some nice sums this year and last year. This time with Isas fully loaded it's a spreadbet for £30 at 180 - it's been making some decent progress and looks set to have a bash at getting over 200 - if it can 220 could be a quick next stop. Target 240 stop 160.
And as I mentioned last time I was looking to top up once again into the brilliant Volex (VLX) while it was still under 300 and copped another 1,500 at 291. Target 350 stop 280. I've doubled on the original lots I bought in the low 100s and in a really super profit.

If Volex can manage the same spiral upwards as XP Power in the same sector then some even bigger gains could be there for the taking.
Those of you who get my email with my pension trades know I've been heavily into oiler Bowleven (BLVN) and been buying for a while. With a statement due I also got some on the spreads, £30 at 189 figuring rises meant good news was due which is exactly what happened and they are already a lot higher. I still think they have a lot further to go and happy to be in this on the spreads too. Target 450 stop 180.The statement was a decent find and there is some talk about it being the next Tullow - well that is just talk but it would be nice
I've taken profits in 4 Imprint selling at 260 for a nice profit of £1,137. It's been trying to get over 265 but can't seem to manage it so that was my cue to bank the profits.
Supergroup has been amazingly super! And super statement today. The only thing is really after doubling and a bit the share price looks up with current events so I banked the spreadbet at 1220 to bank a profit of £1,931 .
I waited a bit longer to sell the standard trade but it started falling and exited at 1193 for a profit of £4,570, a total Supergroup profit then of £6,501.
The Betfair short went very well but with the price rising fast I exited my short at 1362 to bank a profit of £740.
That's a total profit banked for the site today of £8,378. Great one!
The portfolio continues to boom!
Recent top up Devro proved good timing as it's already climbed 10% since I bought! So that's one star! Another has to be New Brit (nbpo) which continues to rise yet again Already in profit by over £6,000 with the current positions - looks to be heading up to a tenner.
Entertainment One holds onto its big gains very well. The Times ran a story about a potential bid at 130. I always take bid rumours with a large pinch of salt but can't imagine Entertainment taking such a low bid - its library alone is worth 250 million dollars.
Gamble Orosur Mining is another star up very well this week. Carclo consolidates its big recent gains.
Hikma came back a bit after the big rise on the acquisition news - been a nice one so far and the rise looks set to continue. Heritage has been going very well today.
The Vitec Group holds nicely over 500 after succumbing to just a spot of profit taking, I stick in there.
Aggreko is down but looks like profit taking after a good ride as the statement was cracking - I shall carry on holding - still up 400 points and may top up if it weakens any more.
Xaar goes back up again and I'm entitled to some new shares at 170.. The recent sell and buy back in Zotefoams has worked out nicely so far.
Davis Services Group short is now making good progress and drifts down for me - any move under 400 could see a move down to 380 quickly, it's weighed down with big debt. It also had a an investors day for institutions but interesting that it didn't prompt any buying.
And the Ocado short still delivers!
Cineworld consolidates nicely after its Toy Story 3 inspired gains. Yule Catto has motored this week and glad I held on!
My lovely long-term winner BTG Group is rising very nicely and now I'm up more than 100 points on the first buy, looks set to be a doubler if it goes up a bit more. Up yet again today.
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. However for now 100p looks a barrier however there seem to be some buyers around so a push through 100 looks possible quite soon. It might need some patience.

Porvair has seen some nice buying, might pick up a few more now on any weakness - good profits building.
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!
Microgen produced another excellent statement and it's risen yet more and it 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.
IG has risen nicely recently.
.Lovely Petrofac has surged again after a bullish broker note and now consolidates over 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.
Spirent has doubled for me and there recent top up is in profit. It goes higher and trying for 150.
Still waiting on Nestor news. It seems to be taking ages, I guess there must be some very long meetings but would imagine a statement either way must be imminent. The AA has raised its bid for Nestor to 100p - My profits currently are well over £20,000. Worth holding to see what happens.
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.
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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!