FEBRUARY 26, 2016
Quiet time but not much longer
***
NAKED TRADER 4
Click here to order:
http://www.harriman-house.com/book/view/1040/trading/robbie-burns/the-naked-trader/1317
**** New Seminar Date
ON MONDAY MARCH 21-
If you want more than the book and see me do it live, come and spend a day with me and live markets. (beginners and improvers welcome). See trades from my own accounts, research, level 2, and finding great shares from scratch and tons more. Three course lunch, snacks, drinks ,lots of chocolate, banter and fun with me live all day.
Email me at robbiethetrader@aol.com with "March seminar interested" in the subject line and I'll send you details. More details also if you press the seminars button above.
There's a decent early bird discount off full price.
FOLLOW UP: Mar 14 follow up if you have been to a seminar before, a day of live trading with me, inc research, level 2 and searching for trades mail me with follow up interested...
New offer: £50 or £100 off Stockopaedia and free trial
I rarely do offers - Forex companies in particular offer me eyewatering sums. I turn all this down as I would never put out an offer for a company where I think my reader will 95% likely lose, or be taken for a ride.
Having had lots of mails from people using Stockopaedia and using it myself I am 100% confident.
Stockopaedia is indeed like a stock market encyclopaedia and a great place to scan for new shares to buy, check out fundamentals, discuss on a sensible bulletin board. Each share gets a ranking, you can use "guru" screens to find shares, there is even a stock screen loosely based on my criteria! There are strategies based on ideas from top investors.
There is lots more really fantastic material and I believe access should help investors and I now use it myself.
For your £50 discount off UK sub or £100 off USA
sub and free 14 day trail you need this link:
www.stockopedia.com/nakedtrader/
It's ... quiet and peaceful at the moment. Well, till 5pm.
That's because our 11-year-old Christopher has been in France on a schooltrip, back tonight.
Frankly much though I love the little guy, it does feel a bit like a holiday. Not so for the Mrs who is really missing him. I knew she would so I made sure we did lots of things.
So Wednesday for example we were at the Hammersmith Apollo to watch a comedy gig in aid of Shelter.
Quite a few different comedians, the highlight though was Irish comedian Dara O'Brien with his clever line in storytelling.
He goes at quite a pace but worth trying to keep up with him and his extremely fast line in patter. That guy could sell me anything..
Yesterday we went nuts and had lunch at one posh restaurant and dinner at another!
The evening one we've been to many times and we know it isn't stuffy. Our favourite waiter is a dead ringer in looks and character
of Lord Varys of Game of Thrones.
He appears to be scheming a lot of the time...but so far no sword action. He told us on the quiet that he could make better tarte tatins at home and therefore we should give it a swerve.
We assume he didn't tell the chef is opinion.....
Night before that we did a movie and another meal. The movie was Spotlight, a true story sadly about priests doing horrible things. But very well done.
And we are getting up to some bad stuff too, mind your own business.
I can't say I'm missing the kids football much this week - indeed the league Christopher plays in is the one in the news regarding bad behaviour from parents. The story went:
"Violence on the touchline at children's football games has become so serious that someone may soon be killed, parents have been warned.
Over one weekend of youth matches in Surrey, a parent threatened to stab a referee, another headbutted a volunteer linesman and young players, spurred on by their managers, threatened to smash up a changing room. At least three games were abandoned in the county's youth league."
Indeed we took our son out of a previous team as the coach was extremely aggressive and treated each game like it was the champions league final.
There are quite a few ridiculous aggressive parents around, lucky for us the parents on our current team are really nice.
But we have seen some things. One ref told me sometimes he had to be protected from angry parents at the end of the game.
And if you think it is just blokes think again! The women can be just as bad.
We recently saw quite a scuffle between the parents of a rival team.. actually fighting amongst themselves and lots of bad words.
Really bad example to set the kids. The kids then take after the parents and think it's ok.
Not really sure how it can be fixed. Most of the trouble seems to come from frankly horrible massive thick dads who never did any sport and now want to do it via their kids.
It doesn't happen in rugby or cricket and so the game needs to put some money into this and police these games much better and make reporting of events that happen much easier.
Phew, the new book.. ooops nearly told you the name, that's top secret, is done!
Well, when I saw done it is with the publisher. Who will doubtless mail me back asking for some bits to be re-done or extra bits added. I really hope when it comes out you find it an interesting read. I really enjoyed it and learned a lot about trading psychology myself just through the writing of it.
A tooth out this week, it was tough but bearable.
But it's been sore since it was out and not much fun eating but serves me right for the chocolate consumption.
I get implants done in a couple of months. I'll be pretty glad as it's no fun eating with two teeth missing down below.
Thanks to all of you who came to the sold out Feb seminar.
Thanks for great stories, questions and I think we covered a lot especially wha to do on a market slump and I hear some of you used the tools I showed you to make more than a few quid out of the FTSE fall, pleased to hear that - one of you indeed made a lot, so well done to you.
I can see a lot of you too understood the importance of level 2 and supply and demand and I know some of you are now using it happily. Best of luck with it all and thanks for some lovely feedback from the event.
The hotel did a good job too with a very nice lunch and snacks.
If you would like to come to the next seminar the new date is March 21st- there is an early bird discount on offer, so please claim it.
Mail me at robbiethetrader@aol.com with "Mar seminar interested" in the subject line. (Follow up if you have been before is Mar 14th, a day of live trading for those who ahve already spent the day with me email with "follow up interested".
Beginners and improvers welcome! Come and spend the day with me, the markets and some lovely people - and of course, lunch, lots of sugary snacks, and even live chocolate waffle making in the teabreak!
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!
Here's some feedback from from "D"
'It's obvious from his site Robbie Burns is a good market analyst and shrewd stock-picker. He is also a highly opinionated commentator on everything from TV shows to food. Therefore I expected his seminar to be 75% entertainment, 15% general exposition for beginners and-- if we were lucky-- 10% of something I could use to help me invest. But I could not have been more wrong.
The opinions on food and politics etc. though genuine, are I believe a bit of disguise or misdirection for there is a real touch of rebel genius here. And in the seminar, which is 95% hardball, he actually takes you candidly right into the mental process involved in his successful trading, making it a pretty amazing display, even showing his own investment accounts right there on the screen. You can see at once why so many of us are merely stabbing in the dark with our investments.
This is a genuine coaching session in how to trade like him if you put in the graft. I have only bought one stock since, as I am waiting for the tools he recommends, but I got the price down by using his tactics and I cannot recommend the seminar too highly if you are going there to learn. It must be taxing on him to let us at such length and in such detail into the process, which has made him so much money (for--unlike so many other so-called experts the seminars are not a day job). My advice therefore would be to sign up for this while he is still prepared to do it.'
****
When I left my full-time job to trade it really helped having another income: this I got from part-time selling energy and phone services to people and getting a cut of their use of their home services forever! I still get enough from it now to pay all my bills. I am a great believer in multiple incomes and this is a great one in my opinion as anyone could do it.
If you'd like a second part-time income click here
http://www.utilitywarehouse.org.uk/237058/opportunity
This will explain what you can expect to earn and how it all works. If you sign up there you'll be under my wing. Any questions just mail me and if you sign up please let me know.
Get My Updates And Free Lightbulbs Fitted For Life
All you have to do is take a phone or energy service from the Utility Discount Warehouse you can order at http://www.jointheclub.org.uk/237058 - let me know if you do it.
Become a double gold customer and the company will change all the bulbs in your house to new led ones worth an average £500 and continue to fit them free for life!
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!
Prices are guaranteed lower than the top 6 suppliers for energy and lower for mobile, home phone and broadband with some amazing prices and great service from a UK call centre.
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 Capital Spreads offers a great book on how to spreadbet for readers via this link http://www.capitalspreads.com/ntrader
Its spreads are surprisingly tight and interestingly an automated stop loss is applied to each trade - so beginners know what their max loss is from the outset. A super site for beginners.
I use IG Index for betting on the very small companies, the only spreadbet firm I can find that does the smaller ones making it possible to trade AIM cos tax free.
To sign up and get an excellent weekly education programme use this link:
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 £145 inc vat via me instead of £173.71
Just mail me for full details if you'd like it with "silver" in the subject line.
Naked Trader Seminar Latest News
(FEBRUARY 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 open for the Naked Trader seminar on March 21.
Price is £650 plus vat. However as it is miles away there is a substantial early bookers discount on offer. Mail me for details.
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 "Feb 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!
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?
Capital offer
Its spreads are surprisingly tight and interestingly an automated stop loss is applied to each trade - so beginners know what their max loss is from the outset. A super site for beginners.
I use IG Index for betting on the very small companies, the only spreadbet firm I can find that does the smaller ones making it possible to trade AIM cos tax free.
To sign up and get an excellent weekly education programme use this link:
If you like to trade the FTSE, Dow, or currencies then Spreado has an outstanding tight 0.8 spread - that is incredibly tight. The platform is very good and robust and have used it to great satisfaction and profits.
You can sign up at this link which includes a decent market commentary:
http://www.spreadco.com/nakedtrader
Naked Rambling
Selfishly I'll probably vote in on the basis that an Out vote might send shares hurtling down on the basis the market doesn't like the unknown.
All I know is we're in for four months of total Europe tedium.
It's a clever time to hold the vote for the "ins". Right in the middle of the European football championships.....feel good factor and all that.
In the end what's best for the economy? If I was going to vote out I would want solid proof that companies would do better than being in Europe.
If someone can show me feel proof then I could be persuaded but I have seen nothing so far except for selfish politicians going one war or another for selfish reasons.
The other point is in life it is often better the devil you know.
For example you're in a traffic jam and you decide to sod it and go a different route to avoid it and then end up in worse traffic.
To use the old cliche leaving could be "out of the frying pan and into the fire".
But frankly I have no idea of economics or the benefits of one or the other so I will try and read some independent analysis when I can.
How the report into Saville can claim the bosses knew nothing is incredible.
This is the media! People gossip constantly. They must have known about it and were too cowardly to do anything.
Everyone knows everything. Even the beeb bosses in their ivory towers must have had at least an inkling something wasn't right.
The "Girls" and "Togetherness" double on Sky Atlantic on Monday nights is a fun treat.
Bit disappointed with the first outing from Alan Partridge in local radio mode.
It kind of had the feeling of deja vue. Kind of like the joke has been done to death now. "Kind of like!""" I've been watching too much US TV, like.
The new series "The Night Manager" on BBC1 Sunday nights makes an entertaining view.
There are some failings - why does have to be in everything!
Despite all that, it's good silly thriller fun.
Better Call Saul's first outing in the new series was excellent as usual and the second... it's almost like being back in the world of Breaking Bad.
Though what's with Netflix now only putting out new episodes once a week, I thought the idea was the whole of a new series gets put out at once. Boo and down with Netflix!
The People Vs OJ has been done in entertaining style (ok I know people were killed but you know what I mean).
Plus the car chases took me back to 1994 when I was working for CNN overnight at its London office. I was doing an overnight shift. That means you're the only one in the whole building and there's never much to do as nothing usually happens overnight much.
I used to "take my break" by going to play pinball at an arcade and then off to Bar Italia for coffee in Soho and watch the world go by.
Cycle home at 6 in the morning picking up an Egg McMuffin on the way...
So there I was at bar Italia when I looked up at the TV and saw OJ with the police in pursuit..
I can't remember ever running so fast....
Good place for spreadbets and fixed odds for sport is here...
http://www.spreadex.com/nakedtrader/sports
Good quick execution of bets and a great range of markets. Recommended!
Naked Mail
Dave writes :
I agree with comments about Dr Who and Breaking Bad. I used to enjoy Dr. Who years ago but I think it's worn out, it's all about celebrity now, like everything else on telly.
I recently was enjoying the Sopranos a friend let me borrow (fascinating story lines) and my son Rob in Australia (an irrelevance to you of course), he said if you like Sopranos you'll love Breaking Bad. Wow was he ever right. I got the full set from Amazon (apart from the last season). I'm having to eke it out it's so brilliant I don't want it to end, that's the sad bit. What about the uncle in the desert in the wheelchair with the bell strapped to the arm of the chair, the missus and me just fell about and many more just brilliant set ups dragging out every emotion.
Agree Dave, love Breaking Bad. Only five to go for me and I won't spoil what happens for you except it gets more and more addictive!
Gary writes :
"For throwing your heart, soul and energy into one fact-packed, full-on and exhaustingly educational day: FIVE stars with no hesitation!!
Met some really nice people too - like me, nervous that it was the most we'd ever spent on a whole day of anything (had we made arses of ourselves?) But no one felt short-changed, especially when you were still going strong when we all wanted to go to bed! One of your delegates, Susan, back for a second time, said to me unequivocally, "you will go away absolutely inspired." I can't disagree.
Thanks Gary, hope you make some money!
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.
Gabriel writes:
If you are reading this, you are perhaps considering going on one of Robbie's Seminars. You maybe asking yourself (like I did) the testimonials are all well and good but once the euphoria and excitement of attending a Seminar has died down ..... and I am back home in my normal routine and faced with the "graft" of putting it all into practice... will I become a better trader and be financially better off?
Let me tell you that in my case it certainly has!
Book your place pretty sharpish....... is what I say !
Thanks Gabriel!
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!
Dan writes :
'It's obvious from his site Robbie Burns is a good market analyst and shrewd stock-picker. He is also a highly opinionated commentator on everything from TV shows to food. Therefore I expected his seminar to be 75% entertainment, 15% general exposition for beginners and-- if we were lucky-- 10% of something I could use to help me invest. But I could not have been more wrong.
The opinions on food and politics etc. though genuine, are I believe a bit of disguise or misdirection for there is a real touch of rebel genius here. And in the seminar, which is 95% hardball, he actually takes you candidly right into the mental process involved in his successful trading, making it a pretty amazing display, even showing his own investment accounts right there on the screen. You can see at once why so many of us are merely stabbing in the dark with our investments.
This is a genuine coaching session in how to trade like him if you put in the graft. I have only bought one stock since, as I am waiting for the tools he recommends, but I got the price down by using his tactics and I cannot recommend the seminar too highly if you are going there to learn. It must be taxing on him to let us at such length and in such detail into the process, which has made him so much money (for--unlike so many other so-called experts the seminars are not a day job). My advice therefore would be to sign up for this while he is still prepared to do it.'
I have 3 great offers from ADVFN.
ADVFN level 2 offer
This compares to £ 567.60 direct from advfn so this deal saves you £147.60! 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
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
The deal is via me you can save nearly £35 for your first year by paying just £174 inc vat via me instead of £208.43
Just mail me at robbiethetrader@aol.com if you'd like this deal with "silver" in the subject line.
Markets
EMAILS: I do beg you not to send me emails asking me for advice on a particular share. It isn't legal for me to give you individual advice and all I do is send you a mail saying that, which wastes a lot of my time and yours too. This includes asking me what to do with a share, what I might "think" about a share, or deconstructing any of the buys I mention here. I would be grateful, see FAQ for more on this. Of course more than happy to answer general questions not related to specific shares.
****
COPYING TRADES: I can't stop you from copying a trade I made but remember the price may already be a lot higher than I paid indeed I hope it is as buying at good prices is what I do for a living. You may be buying at the top and could easily lose money. Also I can make terrible mistakes and have done in the past. I could also sell before you or before the share tanks. I may still be holding in a year when you sold at a loss. Always do your own research, don't jump in blindly. Market makers are very clever at knowing how to make you pay top dollar and then push you out at a loss. This site is about sensible investment and learning how to trade sensibly and is not a tipping site. Beware. Never push buy on anything till you've done proper research and got yourself a sensible price.
****
Markets
New offer: £50 or £100 off Stockopaedia and free trial
I rarely do offers - Forex companies in particular offer me eyewatering sums. I turn all this down as I would never put out an offer for a company where I think my reader will 95% likely lose, or be taken for a ride.
Having had lots of mails from people using Stockopaedia and using it myself I am 100% confident.
Stockopaedia is indeed like a stock market encyclopaedia and a great place to scan for new shares to buy, check out fundamentals, discuss on a sensible bulletin board. Each share gets a ranking, you can use "guru" screens to find shares, there is even a stock screen loosely based on my criteria! There are strategies based on ideas from top investors.
There is lots more really fantastic material and I believe access should help investors and I now use it myself.
For your £50 discount off UK sub or £100 off USA
sub and free 14 day trail you need this link:
www.stockopedia.com/nakedtrader/
****
Interesting question from someone: "I made a trade but it doesn't show in the list of trades on advfn...."
Well, of course it doesn't really matter, you know you made the trade so not sure why you want to look at it on the internet. If that gives you a kick you may be overtrading so be careful.
However there are many reasons. Could be your broker has bundled your trade with others into a larger trade. Or it could have been made on another trading platform away from the London Stock Exchange. Or trades can be delayed and it may even appear under a different day.
For example if you looked at a list of trades on advfn those are only LSE trades, same I think with most websites.
If you really want to try and find it if it hasn't been bundled is to ask for or find a contract note - once you have it look at the small print and see where the trade was executed.
I get contract notes sent by post but they go straight in the bin as I don't need them as Isas are tax free. (I asked them to stop sending them but no luck so far).
But I just grabbed one note before it got thrown out to give you an example. I bought 1,000 shares in Xaar on feb 15th. It shows bought at 9.42am. Now a look at the small print shows it was traded on "ISDX" - a difrerent exchange to the LSE. Advfn for example would not show the trade, so I tried to track it down.
I found the ISDX site and eventually located it. More and more brokers are dealing away from the LSE as my guess is they get cheaper rates and so make more money.
Anyway there you have it, look at the small print and see which exchange. But in the end, I am not sure why you want to find it! I find some of my trades are also dealt with "BATS" and CHIX. This is the way things are going - your trade could even be dealt with in a "dark pool" by your broker.
But in the end it is pointless looking at trades- they are the past including bigger ones that may not have been published yet or at all. The current price tells you everything. And remember "buys and sells" quoted are cobblers. Just guesses by computer, most trades anyway are buys and sells together (someone has bought but someone has sold it) and with market makers able to delay trades too it is all a nonsense.
After a crazy week last time I've had a quiet time and been trying to finish the psychology book which is done!
But I did do a lot of shorting in spreadbets and etf's.
I managed a very tasty profit on some spreadbet shorts getting a nice £20,000 on a £200 point short for 100 points.
The market continues to be crazy volatile so care is needed and beginners may want to wait till the dust clears. The oil price seems in charge of a lot of the major shares at the mo.
With the brexit vote on the horizon could be a tricky time till June and so any trades really have to make it into the portfolio.
***
Next seminar for beginners and improvers March 21st, just time to bag an early bird discount, email me at robbiethetrader@aol.com for details. Follow up seminar for those who have been before is Mar 14th.
***
I made a couple of buys though:
Market Tech (MKT) is an interesting one and I'm in! It came to my attention
as it's just moved over to the main market from the AIM market.
This means likely upcoming promotion to the FTSE 250 soon and so should bring it to the attention of fund managers.
The name belies what it really is which is a property play - a real estate assets business with an e-commerce business.
It owns a lot of Camden Town market as well as other assets and also involved in the international mobile marketing business.
Yesterday it bought a 25pc stake in Minodes which uses technology to analyse
spending by shoppers, a big growing market.
In a volatile market it should stay relatively serene and I look on it as a long-term play which could yield very nice returns. I bought some this morning at 188.1.
I also bought Equiniti (EQN) as the recent sell-off looks totally overdone. In fact the volatility should suit this company! I've taken some profits on this before.
This one runs trading systems and really so far this year it really ought to be doing well and I'd expect the next report to be rather upbeat so I'm in!
I bought back more in Entertainment One (ETO). At current prices it really looks terribly undervalued and it looks a very biddable price - one of its main attractions its massive library of shows. I suspect at some point this year we'll see some action here, perhaps a bidding war which push up the price considerably.
And I made a final buy in St Ives (SIV) - covered that fully last time but that looks a great long-term buy and hold, already delivered me a double and a half
and plenty more to come.
I took profits in Vislink at 25.13 to bank a profit of £626.
And Rgs was a profit take too banking £2,080.
Elsewhere some shares have been doing quite well. I got the nice 3p dividend from growth and dividend play Tritax and that looks good back over 130p, a lovely long-term hold there.
Softcat has rebounded strongly and looks like I got a good price last week on weakness. Recent buy McCarthy and Stone has been a lovely performer too.
And another recent buy Xaar has been putting on a spurt. A lot of the smaller caps held their value during the downturn earlier in the week which is a good sign.
Overall though, caution is very much required as market sentiment can turn just like that and a lot seems wrapped up in the oil price.
It is very much a time to take care with buys and be careful with the very volatile stocks otherwise you could find yourself whipsawed in and out at the wrong end of a move. After some good end of week rises, I am thinking of placing some new strategic shorts.
** Two Newer Spreadfirms I Use
It is hard to find a firm that does prices on the very small companies but this company does:
http://www.spreadex.com/nakedtrader
It does spreads on smaller ones other companies don't like Xeros so worth having an account for that, been using it for a while and very happy so far. They also have an Ipad offer at the moment which is on that link.
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If you like to trade the FTSE, Dow, or currencies then Spreado has an outstanding tight 0.8 spread - that is incredibly tight. The platform is very good and robust and have used it to great satisfaction and profits.
You can sign up at this link which includes a decent market commentary:
http://www.spreadco.com/nakedtrader
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I also use IG's spreadbetting service too along with other firms. Great execution of trades and nice trailing stops which to me is a pretty sensible way of trading. Also with this link there is an excellent education programme and it offers the biggest range of smaller shares.
http://www.ig.com/nakedtrader
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.
Capital Spreads offer
To get the offer, click here:
http://www.capitalspreads.com/ntrader
E-mail subscription service
Telecom Plus Offer
You get to sell great broadband, phone packages and energy to friends, relatives, contacts and anyone else you find and you get cash for each sale but more importantly you get a cut of their spend EVERY MONTH for as long as they are a customer!
It's called residual income and is a far better way to enjoy a ripe old age than relying on a pension. Because even after you stop selling the money STILL comes in!
I still get paid EVERY MONTH for sales I made back in 1999! Every time a customer uses broadband or the phone or switches on a light you get paid.
It's a great business and backed by a stock market company (Telecom Plus), a dedicated team of advisors.. and me to help you on your way!
Not only do you get paid out every month for each customer you can take on distributors. encourage them like I do and get paid on their sales as well.
One day, say you could made redundant, needed a year off or wanted to retire early can you imagine what joy it is to have the regular income coming in. It's wonderful.
You have to work at it, but if you do genuine repeat wealth could be yours. I did it. You can too. For full details, why not email me at robbiethetrader@aol.com.
An overview is also available at http://www.utilitywarehouse.org.uk/237058/opportunity you can sign up directly there but do tell me! (Click earn with is then sign up now and follow links)
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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 in the diary under Markets every other Thursday afternoon.