What fantastic weather - we've been really enjoying it with visits to our nearby open air pool.
What better than a swim, read of the paper, some food and a drink in the sun?
Oh no! Got a quiz night tomorrow at Christopher's school. I bet the questions will be typically horrible.
Things about history (I failed my A level) - probably geography too. How come there are never any questions about shares or crap dance music?
Lucky for me there is usually one - come on, how about something I know, like what's the current Number One (A. Katy Perry - it's pretty good).
Or how much has the FTSE gone down over the last few months (Oh about 1000 points, nothing to worry about).
We have to bring a "Picnic". No, not the choc bar. I think this is where we see parental competition. The competitive ones no doubt will produce caviar sandwiches and bottles of vintage champagne from beautiful wicker baskets.
Whereas I will probably remove an M and S Sandwich from my er... Bag for Life... Prawn and Mayo M and S lunch deal sandwich anyone?
I'll let you know how it went on Friday. Now who was on the throne in 1623? Probably Henry the something or other.
If in doubt always answer The Tollpuddle Martyrs - they usually pop up somewhere.
I've just about recovered from talking for about 12 hours non stop! So hallo to all of you who took the trouble to come to my seminar on Friday - it was a pleasure to host it.
I think it ended up an interesting day especially the last session where some goodies possibly appeared!
Great to meet so many interesting people. Top end butcher David was one delegate and I think I ought to plug his wonderful website - you can order some fantastic sausages and meat online. This is someone who really cares about the meat he produces.
I ordered some after the seminar - they arrived next day and they are wonderful!

Well done David! David's website is: http://www.lishmansonline.co.uk/ . We'll be ordering for the next BBQ.
And thanks to Policeman Mark who is coming down to see us this weekend to give Christopher a quick legup on his exciting police motorbike!! Looking forwards to that.... Expect Christopher will enjoy it too!
In the bar afterwards I have never met so many people who love dangerous sports... like.. er kite surfing...
The only kind of surfing I do is surfing the net at home.
Someone else explained how he liked dangling out of aeroplanes - no wonder they want to learn about the dangers of the stock market. I get sick on a Legoland ride for toddlers.
Congrats to the winner of the FTSE competition David. I managed to make £50 on the day from a FTSE short live which I added to the prize fund of £200.
There were some brilliant contributions on the day from many delegates and I think we all learned something by the end of the day.
Some very interesting shares popped up on the share scans and I think we did some excellent research. I even think some of you "got" level 2 and why it's so useful.
Thanks once again to all of you for coming and some of the lovely feedback. As you see I put a lot of effort in and well done to those who stayed for the 9.30 finish!!
You should all have the notes which include things that we looked at after some of you left! There seems to be a problem sending the seminar notes to google mail addresses which seem to have some weird filter which prevents the notes from getting to you.
If you came to the seminar and did NOT get the notes let me know but give me an alternate mail address which should help me get them to you!
I had a number of you who couldn't make Friday's seminar and some asking if I could do a summer holiday seminar for those who can't make it during termtime. I did this a couple of years ago and I will do one this year - so just fixed a date for the first Monday after schools break up.
The special extra seminar will be on Monday July 26th. I hope this will help those of you who can't make my normal dates because you work in the education sector etc and can't make the termtime dates.

It'll be at Heathrow as usual - mail me at robbiethetrader@aol.com if interested with "Summer holiday seminar" in the subject line. I'll send you details.

At this very early stage I offer a generous early bookers discount.

Beginners and improvers welcome for July! Come and spend the day with me, the markets and some lovely people - and of course, lunch!

I hope this extra date will enable teachers, educators and others who simply can't get a day off when schools and colleges are open for business.
If you're interested in details, mail me with "Summer hols seminar interested" in the subject line at robbiethetrader@aol.com.

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!

After saying "No" for so many years, I might do a one off follow up seminar only for those of you who've been before. It would be a quick refresh but mainly all about timing and we'd be doing level 2, placing orders on the live markets all day. We'd also scan for shares and research them live on the day. I don't mind doing a small group but there would still have to be enough interested for it to go ahead probably in October. If interested mail me at robbiethetrader@aol.com with "Follow up seminar" in the subject line. I can then judge whether enough of you are interested enough for me to do it.
After the success of the last couple, there will be another TA seminar with top trader Susan, probably in November. If you're interested in learning all about TA from a brilliant trainer, don't miss it. Susan's lessons in TA will help you take the emotion out of trading. Mail me with "TA interested" in the subject line. You must have been to one of my normal ones.

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.

Those of you looking for some extra income could be interested here:

http://www.ei42.com/Nakedtrader/ then click "earn money" on the rhs.

So for free you can sign up and get this shopping site for yourself. What's brilliant is any product you want type it into the search and it will come up with it, which store it is at and where it is cheapest, then buy it and earn commission on your spend!
Everytime you buy anything yourself on your site you get commission.. So if you normally shop online anyway it's a no brainer: just use your own site instead of going direct and get some commission every time you shop.
Then you just get some friends to sign up and get their own site too - when they do online shopping using their mall, you get commission too. Simple as that.

They've just re-published "The Zulu Principle" by Jim Slater who's written a 2008 update at the beginning.
This is a brilliant classic book. Reading this is a real pleasure and it was a great idea to republish.
Jim believes like I do the best gains can come from smaller stocks and in an easy to read style takes you through how to evaluate smaller companies that are about to become bigger ones - he uses some excellent examples.
Really this is a must read for all more longer-term investors or anyone looking to grow their money... a number of you have also written to me about this book and praising it.
Here is the link to buy it:
http://books.global-investor.com/books/167207.htm?ginPtrCode=10453
Here's a very topical one: The Little Book of Bull Moves in Bear Markets by Peter Schiff.
The book is all about how to keep portfolios up in a down market. He focusses a lot on how to play commodities and win with some sensible advice especially on natural resources and precious metals. He is very much a realist and there is no rubbish here: some straight talking and some interesting strategies.
Everyone who invests should think seriously about keeping portfolios up in bad times so this book should be read.
Well worth picking up at this link:
http://books.global-investor.com/books/271958.htm?ginPtrCode=10453
To order my new book Naked Trader 2 for next day delivery click this link... or the cover of the book top right!
http://books.global-investor.com/books/27120.htm?ginPtrCode=10453
I've had heaps and heaps of praise from many of you regarding The Financial Spreadbetting book.
The book really seems to have helped a lot of you understand spreadbetting a lot more than you did. You say it's really helped you with ideas too. The writer deserves commendation. With the ability to go short so important in these volatile markets, it's a must read. To order click this link... http://books.global-investor.com/books/23307.htm?ginPtrCode=10453
Several people have asked me for a recommendation on a book which shows how to study accounts in a reasonably easy way. The one I like the most is http://books.global-investor.com/books/15717.htm?ginPtrCode=10453 by Robert Leach. Ten crunch questions to ask before buying any company.
It' s a decent easy-to-read book with several key chapters and it's highly recommended. It's one I keep and dip into from time to time. To order, click this link... http://books.global-investor.com/books/15717.htm?ginPtrCode=10453
The best book on charting and easiest read on the subject is http://books.global-investor.com/books/15618.htm?ginPtrCode=10453 by Alistair Blair. Click here -> http://books.global-investor.com/books/15618.htm?ginPtrCode=10453
Another good one is the second edition of http://books.global-investor.com/books/23792.htm?ginPtrCode=10453 by Peter Temple. Included in this one is how to use spreadbetting, CFD's warrants and trackers to reduce risk. And there are some decent trading strategies too.
This is an excellent book for new investors and also experienced ones. It explains all the things you may not be sure about in the markets and will explain the tools that are there. To order The Investors Toolbox by Peter Temple (new edition) click the following link for delivery in 24 hours... http://books.global-investor.com/books/23792.htm?ginPtrCode=10453

**** BOOKING FOR MON JULY 26TH AT HEATHROW NOW OPEN**
Fancy spending a day with me, learning all the ways I have learned over the years to find good shares and play the markets? Well, you can at one of my seminars!
Booking is now open for a special extra summer hols Naked Trader seminar on Monday July 26th.

It's especially for those who can't normally make events during termtime.

Price is £495 plus vat. But there is an early bookers discount!
That includes three course lunch, coffees, snacks etc. And most importantly it covers choc bars and fruit gums too.
The seminar is mainly aimed at beginners and dabblers though improvers are welcome too.
Topics covered using live market feeds all day include: Market psychology, level 2 - a simple guide to how to use it for better timing; how to value companies; finding companies that are about to rise. I will also cover techniques for handling events such as the recent meltdown and volatility.
Spreadbetting: How to use it to gain an edge and go short. Market makers - how they work and how to beat them; how to stop losing money and make it instead and plenty more.
How to plan trade entries and exits - how to research companies and understand reports, plus all those niggly questions you always wanted to ask. How to set stop losses and targets. Charts and how to use them.
Also covered: Market maker tricks: How to spot tree shakes and use them in your favour, How to tell when NOT to buy a share. I use live ADVFN all day with lots of level 2 and looks at all kind of live market data.
The idea behind the seminar is SIMPLICITY. I don't use jargon or fancy words - everything is in PLAIN ENGLISH! No question is too stupid and the event is held in a friendly relaxed and supportive environment.
The idea is you will come away from the event I hope a wise and better investor with lots of new ideas. I try and translate complex topics into easy bite size pieces. I also aim for it to be entertaining as well as instructive.
If you are interested please e-mail me at robbiethetrader@aol.com with "seminar interested" in the subject line and I will send you full details of the event including comments from those who have come to previous seminars and you can then decide whether you would like to come. See you there!
One seminar attendee Clare wanted to write a testimonial about her experiences at the seminar which follows now!
"I've just come back buzzing from one of Robbie's seminars. What a day! He's just brilliant, and manages to pack an awful lot into one day, and with his enthusiastic and humorous delivery the day just flies by. There are no gimmicks, no sell, no "˜get-rich-quick' promises, just his own solid, sound approach which he has learnt over the years and which works.
He shows you how to minimise the risks and maximise the profits and points out the banana skins on the way. Where the seminar really comes into its own is when he teaches using live level 2. Hearing him talk through his thought processes and reasoning is invaluable, and really brings home everything from the book. He has endless patience answering peoples' questions, and really seems to care that everybody understands.
On top of that, you meet some really nice like minded people and swap e mail addresses, you're plied with
chocolates and coffee all day, have a great lunch and spend the evening getting tiddled with Robbie in the
bar afterwards! You might even get to see the amazing crocodile boots . . . .
Don't worry about the cost, it's easily worth it, and you'll soon make it back with your new-found investment skills, and in what you're no longer losing. If you're thinking of going along to his next seminar, whether you're a novice or an experienced trader, don't hesitate ""just go!
Thanks Clare, did you want the tenner in cash, or will a cheque do?

Exclusive One Point Spread, £250 Cashback Offer

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

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

David Cameron's been very impressive at PMQs and reminds us how bad Brown was.
He actually answers the questions and he's done his homework properly.
There's more of an air of let's get things done with the new government - the old one just spent lots of money but there was an air of nothing much is happening.
But this spy stuff!! What a laugh!! Invisible ink messages!! Coded internet pictures!!! A beautiful spy lady used as a trap!
It's all so Austin Powers The Spy Who Shagged Me! Honestly, have these spymasters and spies just spent all their time reading spy novels. They seem to be acting out their own fantasies. Russia and the US don't have any real reasons to spy anymore. I know this is upsetting to the macho men but there is it.
Where to start with England's dire football performance. I obviously did make some decent money on the spreads backing against them but would rather have lost money and they won!
We have to fire Capello. I loved the way his English wasn't so bad before the tournament and suddenly in the press conference it was "No speak English well".
Let Harry Redknapp have a bash at it - or Roy Hodgson.
Boo! How could Roy desert lovely Fulham for Liverpool. These managers. no loyalty.
Anyway apparently we lose cos the players were "tired". Oh dear. Poor loves, probably they were tired of counting their money.
There was a complete lack of passion by the England players - look at the passion from some of the African countries. They just in the end really didn't care. And worse they didn't seem to care about the fans who had spent so much money following them.
One thing that must be sorted out - and that's letting a ref up in the stands see a replay if there is a possibilty a ball has crossed the goal line. FIFA said it would cost too much money.
What a load of crap. A quick replay from the TV monitors is enough to see it. Sort it out guys.
Anyway Fabio has buggered off on holiday (first class) - and they would have to pay him £12m or something to let him go.
Meanwhile the players go back to their multi million pound lifestyles. The more you think about it the more idiotic the money they get paid.
All the clubs are in big debt and no football club can really make any money.
Wouldn't it be wonderful if players were on a more reasonable 50k? Clubs would make money - at some point surely there are going to be some spectacular crashes.
I still have my bets on Argentina and Uruguay open - so come on the two of you - I think these two play great football.
Enjoying Mary Queen of Shops. It's amazing how small retailers can sometimes be so short-sighted. They don't think about what their customers want.
Sometimes you wonder why people go into business when they just don't have a clue.
The spreadbetting firm I use is here: via this link they offer a pretty generous £400 free bet on goals. The offer is if you open an account and place 5 bets they offer a £200 freebie, place a further 5 and you get another £200. If you could find a match with lots of goals that could pay off. Please check terms and conditions
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.

Julie writes:
Thanls for June's seminar. If I only had a quarter of your talent and / or money I am not convinced I would be as generous, patient (sooo patient !) and open as you are, which seems to go far beyond any potential financial reward for you.
The seminar cost was easily covered several times by trades, ones that I'm sure I wouldn't have made otherwise, after reading your book last year. After "falling off the wagon" a bit lately I hope that attending the seminar will get me back on track, reminding me of the classic errors I have started making, mainly bending my own rules and your sensible guidelines. Level 2 was an eye-opener.
Thanks Julie. Glad it was useful.

Richard writes:
Thanks for a fab session on Friday, after some hesitation to part with the money initially, I'd have to say it was well worth it, a really good insight in to how you do things and frankly if we all follow your example and advice, there is no reason why we should not end up in the money to some degree.

One of the things I realised about half way through, was that day trading is not a good occupation short term, though once someone builds up a stash of money as you have then it can become a good way to earn a living as you do, obviously you don't day trade but your level of expertise and your system of trading is well built up and reliable and we should seek to emulate that.

Yes, I sometimes have trouble parting with money Richard!
Nasir writes:
Damn ironic isn't it that the tories are gonna screw the same people that put them in power the middleclasses, VAT at 20%, it's insane, plus the middleclasses will lose child tax credits, and those claiming 100K a year in housing benefit, well those days thankfully are over.

All in all a ridiculous budget which will hurt middle and lower income earners, the majority really, the hardest, plus all those public sector cuts will increase unemployment by an additional 500K. making it even tougher for the already unemployed because of intense competition. What's insane is that brother Osbourne says unemployment will fall from 8 percent to 6 percent by 2015, another 5 years of wasted talent, wasted youth, misery for unemployed,

Thanks Nasir. Well I guess some Liberal influence there.
Lalani writes:
I attended your seminar 18 months ago after reading your book and wanted to say thank you for:-
1. Talking in plain simple English. I actually work for an investment bank (not a trader I hasten to add) - and there is a lot of complex trading strategies, instruments, tools, terminology etc etc Your seminar and book actually helped me to understand the basics and I'm sure even helped me pass the IMC - a financial exam.
2. Making the seminar interesting and humourous - time flew by and it helped me solidify the principles in your book and gave me the confidence to actually have a go myself at investing in something other than index trackers. I'm particularly glad you value the importance of providing a plentiful supply of sweets, chocolate, coffee and a fab lunch too. Top marks in that area - and such variety too!
3. Putting a sparkle back into my marriage - yes - honestly. I recommended your book to my husband and he surprised me by actually reading it and finishing it (mostly on the toilet). He loved your book too and now we often have a good banter about the shares we like and whose portfolio is doing better! I am actually considering booking him on your seminars as a present.
4. Your website. It always makes me smile, and you write in an engaging and humourous manner and it's one of the websites I reguarly visit.
Thanks Lalani, well I never thought I'd be responsible for helping put a sparkle into a marriage... but if your hubby enjoys reading my book on the loo, that's great.

For me it's usually The Sun! Anyway thanks for the fan mail.

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.....

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

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

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

Want to try out broker Selftrade superb trading system for no risk? You only have to trade once to get £50 bunged into your account! You get £50 and I get £50.
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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Oh dear - another wobbly. What was it this time? Greece, Spain or Portugal? No - China this time. Hey maybe they won't consume as much as we think.
Or maybe we were worrying too much about that? Let's worry about North Korea then. Or Iran. Or, of course, the football. But most of all, why is no-one worrying about Peckham?
It really is a stock specific market - there is still money to be made in the right stocks and strangely I am still having a good year. However that could change and I'd be an idiot if I just sat on everything and just watch them fall over losing profits. It's could be a hard summer. I've taken some profits and added more defensives.
The problem really is: Where is the good news coming from?
A live buy at the seminar: that's 1,500 shares in Devro (DVO) at 192.1 and I bought another 1,500 on Monday at 192.9.
A nice defensive against a falling market - it makes sausage casings and other meat casings. A butcher who came to the seminar told us he was ordering more casings than ever from Devro so sausages are going well - add in some decent weather and some excellent recent statements I'm happy to be in here. Target 245 stop 158. Apparently Devro has very few rivals. Anyone fancy setting up a sausage casings company?
One popping up on a scan at the seminar was Alternative Networks (AN.). Pretty good recent interim figures from this one and I figure any number of rivals could at some point look at these for a potential buyout. The shares are gradually rising and I think there is 20% upside without a bid anyway.
I was going to buy Monday morning at 149 but then nipped into the garden from some tea and toast. When I got back they were 154 to buy! Darn it! Never mind, got 2,000 at 154. Target 190 stop 140. This one could be a nice find.
With Scott Wilson's bid price going even higher I bought a few more Hyder Consulting, (HYC) another 1,000 at 299. Once that bid game is over the bidders might turn their attention to this one or so I hope...
Finally on buys I've been eyeing up getting back into Micro Focus (MCRO) - results were ok but the CEO leaving sent the shares into a nosedive. However back at 400 they looked good value - I was hoping to get back in a bit lower than 400 however they started to bounce nicely this morning so got 1,000 at 408.7 hoping for a ride up to 450 and then maybe 480. Stop 390.
I shorted Weir for a fiver at 1097. It came up at the seminar and on research it's done very well, just looks about 100p too high for now. The more I looked at it the more it looked like a short. Target 1000 stop 1130.
I also shorted Game (GMG) . Another one to come up on a seminar scan. This one looks a mess in a bad market and I'm targetting a fall to 55ish at which point it would become a decent recovery play! I shorted for £80 at 67.5. Target 55 stop 72. No-one's buying games at actual shops, say my youth correspondents. They go to Game to look at the games then order them cheaper at Amazon. That's what I'm told, I've never played one figuring I'll get hooked on them and never do anything else.
I've had a bit of a profit take.
Fresnillo has been wonderful but it reached the target and more - I stayed too greedy with it and could have taken profits at near 1100. However 999.9 will have to do which is where I sold it today for a profit of £864. Given resource stocks are under pressure it seemed sensible. Those of you who came to the seminar saw the large spreadbet I had on it too - got a profit of a touch over £4,000 on that one! I think at some point it could be a bid target so would expect to reenter at some point.
Gem Diamonds went at 218.18 for a profit of £41. It hit a downtrend again. And this is one I can never ever seem to get right. I topsliced a few Huntsworth after a strong run selling some at 84.31 to close the last position opened in it for a profit of £961. I hold the rest. Four produced a reasonable statement but it wasn't strong enough for more upside so closed at 223.62 for a profit of £99.
Hilton went at 236 for profit of £351. Boredom set in on that one at last. Dimension went at 99.5 - 100 seems a step too far for now and a profit of £163.
So total profits banked for the site today is £2,479.
I've got a FTSE short open and a put covered warrant in my sipp for the time being which means I can pick up some downside money while still holding onto some of the stronger longs.
Not a bad performance at all from the portfolio given the tanking market this week. Mine haven't faired badly though obviously I need to keep my eyes open but the fall action appears to be in the top stocks for now. Under the radar stocks are sitting there ok.
An excellent statement from Nestor this morning which gives a lift to the shares. I'm in profit by nearly £10,000 on these and bid prospects beckon for more. I feel I can safely hold these for some final upside and a hopeful bid. Also a good statement from Porvair today - bit under the radar that one but hoping for progress up to 100.
My last buy Supergroup is proving really Super... up more than 60p for a profit of over £1,000 already. Could easily whizz up to a tenner at which point I'm definitely out!
Looks like it could be a super summer which will help LOQ. Shares have rebounded.
Dialight's held on to most its big recent gains. BCG Group and Aggreko have fallen back a little after their major gains but still, not bad considering market falls.
Top up PZ Cussons still goes strong, consolidating its brilliant run and has now hit over 330. Been superb!
African Aura has disappointed the last couple of days falling back after hitting 100 but getting tempted to top up on the weakness. Would imagine it will bottom around here before going back up. However it has been hit the same way all the miners have. In hindsight I should have bagged some profit at 100 and now In couldn have bought back. Easy on hindsight though.
Recent buy Essar has had a great day today and held up strongly in the down market too.
London Capital is disappointing but I can't see how its next statement can't be decent with all the volatility in its favour so for that reason it remains a firm hold.
Carclo holds onto its recent good gains after its excellent statement. Entry to smallcap makes it more liquid. Centamin Egypt rises again after its upgrade to its Sukari Gold Project which went down well .
Volex hold well in the down market.
It looks a volatile scene with downside bias with likely sudden upside bounces too. Not ideal for investors

I've been getting e-mails regarding my use of direct market access and who I use. I've tried a few and for me the easiest system for me is here:
http://www.igmarkets.co.uk/?QPID=1079&QPPID=1
Direct market access means you can place orders directly onto the order book bypassing brokers and market-makers with a chance to buy at the "sell" price. I would suggest you ensure you know what you're doing first but IG does provide much education with its "tradesense" educational tool which comes with it.
I also use its spreadbetting service too along with other firms like Tradefair because it now provides trailing stops which to me is a pretty sensible way of trading. Link is here: -
http://www.igindex.co.uk/?QPID=1078&QPPID=1
that also includes a pretty decent educational programme. As usual before opening accounts please read all the warnings on the sites. You can lose a lot of money if you're not careful so pay close attention to them and make sure you always understand what you are doing and what your potential losses are.

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

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

Want to quit the rat race? Try and start a new source of income so one day you can tell the boss to stuff it? You could do what I did to escape my grotty office job and become an independent distributor for the Utilities Discount Warehouse.
You get to sell great broadband, phone packages and energy to friends, relatives, contacts and anyone else you find and you get cash for each sale but more importantly you get a cut of their spend EVERY MONTH for as long as they are a customer!
It's called residual income and is a far better way to enjoy a ripe old age than relying on a pension. Because even after you stop selling the money STILL comes in!
I still get paid EVERY MONTH for sales I made back in 1999! Every time a customer uses broadband or the phone or switches on a light you get paid.
It's a great business and backed by a stock market company (Telecom Plus), a dedicated team of advisors.. and me to help you on your way!
Not only do you get paid out every month for each customer you can take on distributors. encourage them like I do and get paid on their sales as well.
One day, say you could made redundant, needed a year off or wanted to retire early can you imagine what joy it is to have the regular income coming in. It's wonderful.
You have to work at it, but if you do genuine repeat wealth could be yours. I did it. You can too. For full details, why not email me at robbiethetrader@aol.com.
An overview is also available at http://www.telecomplus.org.uk/fabdeal you can sign up directly there but do tell me!
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Trade tables follow! Trades are current open and recently closed trades. Closed trades feature the closing price and the amount I won or lost. All others are open. Trades get updated a little later than the narrative. Trading costs are ignored, however I also do not add in dividend payments and with the kinds of companies I buy, dividends tend to equal or outweigh costs. Spread rollovers ignored for web purposes. Tables as accurate as poss however a mistake or two can creep in and very occasionally if I forgot I sold or bought something it will be added at a later time.
Trades first reported Weds and Fri afternoons under "Markets" section.. afraid I can't do live trades as that would turn me into a tipster and I'd have to be regulated!