DECEMBER 10, 2014
Taking on the bankers
SPEND A DAY WITH ME AND LIVE MARKETS ON JANUARY 26TH NEAR HEATHROW
Read the book but want to see me do it all with live markets? Start the new year with all the tools you need to tackle the market by spending loads of time with me showing you how to do it live!
If you want details on how to spend a day with me and live markets (beginners and improvers welcome) email me at robbiethetrader@aol.com with "January seminar interested" in the subject line and I'll send you details. There is a very decent early bird discount on offer.
BRAND NEW NAKED TRADER 4 OUT NOW
Naked Trader 4 is out! Click here to order:
http://www.harriman-house.com/book/view/1040/trading/robbie-burns/the-naked-trader/1317
Or click the book on the right somewhere. Delivery of the book? It should be with you next day delivery. And if you buy the print copy you get the e-book free!
The book is a total update since the last one which I wrote in 2011 - a lot has happened in the market since then and I cover all the changes such as the new ISAs and duty free AIM shares. There are tons of ideas, trader stories, psychology, biggest trading mistakes and 20 trading strategies to make money. Also loads of stuff I have learned over the last three years. New insights into trading tax free, tons of examples, a whole load of new traders' tales and some of the trades that have helped to make me well over £2 million tax free.
If you bought NT 3, I think you'll find it is worth getting the update. My new views on AIM shares now they are tax free, loads of analysis of trades I made more recently. And loads of new stuff on psychology and why you might be losing, including a new look at confirmation bias and the effect this has on your choices.
The Stock Market Almanac for 2015 is out! It's a great traders diary which I always have on my desk! A lovely hardback diary which also makes for a great present for the trader in your life. Packed with useful information, taking you through the best weeks, days to trade etc. So much useful info including results expected in the week, market behaviour and history weekly and monthly, best and worst performers, company profiles, plus strategies, social, sporting and financial events.
To order your copy click this link where you can get it for only £17 (It's £20 on amazon) AND with an order of the print copy you get the e-book FREE!
Lovely to meet so many nice people at my seminar last week, thanks so much for coming, it was hard to shift you and amazed how many were still sitting there at 9pm!!
Hopefully you all got the notes, trading sheets etc and thanks so much for the nice feedback. Thrilled to see so many of you correctly calling level 2 by teatime. More below, also can't wait for the follow up this Monday to find some nice Xmas rally trades, and look forward to seeing those of you I've seen before. (Still space if you want to come and spend the day with me).
Another year nearly gone, how the hell did that happen? For 2015 updates change to every other Thursday afternoon instead of Wednesdays so as the site takes its seasonal break the next update will be on Thursday January 8th.
Anyway I really enjoyed it although every year seems to go by faster. I'm trying to gain wisdom with age if I can.
I think maybe one thing I try to be is more and more tolerant and if I can be, more giving. We're all flawed, obviously me included perhaps we are all a bit bonkers in our own ways and so when it comes to dealing with people the main thing is to try and be kind.
See the other person's point of view. Understand if they are seemingly being horrible they may be going through a hard time.
I hate it when people fight and argue even online which is why I don't read bulletin boards any more or take part in "social networks". Some of the abuse that goes on between people on financial bulletin boards is quite depressing.
I also want to start giving a bit more. There is an organisation called Silver Line. You can do a half day's training then befriend someone old and lonely by giving time to call them once a week.
I'm hoping to do the training early next year and then see how it goes. And once I've done that hope to befriend someone local as well in person. Also a local charity's arranging an xmas dinner for lonely old folk in our area so we hope to help to drive some of them to the venue and back on the big day.
Being lonely is one of the worst things for a human being so it's an area where I would like to give more than just money. Giving money is quite easy if you have some, stroke of a keyboard. Giving time is much more meaningful. If you fancy befriending someone google silver line.
Anyway enough of my good intentions, I'm sure you're not interested and it probably sounds horribly sanctimonious. Lovely word that, no idea what it means but sounded right there.
Plenty of lovely memories for this year, the highlight has to be our roadtrip in the states which was just brilliant. We drive 100s of miles all over California ending up in places we didn't expect which was the fun of it.
So many great memories from that trip. Maybe the highlight was the amazing drive up to Lake Tahoe and the astonishing views.
And lots of memories of a great time with my lovely lad Christopher.. it's been the most rewarding thing I've ever done.
We're off to Dubai right after Xmas till the start of the new school term.
We're hoping for a little adventure combined with a little relaxing on the beach in the sun. Maybe a ride on a camel in the desert or something.
Christopher will definitely be hurtling down some water slides. And we look forwards to the stunning fireworks displays they have on New Year's Eve.
Whatever you are doing over the season I hope you have a good one.
Meanwhile I have crazily decided to manage a school football team for a football tournament which goes on for most of the day.
I'm already regretting the decision. I bet it ends up raining hard and it'll be freezing cold all day. One of the boys will probably get whacked by another and will be carried off.
We will no doubt be facing some "alpha banker dad" teams. This means banker dads who take it all too seriously shouting and screaming at their sons to do better, even if it means taking out the opposition by any nefarios means.
Which is just what they are used to doing in their city jobs. Win at any cost.
Anyway we will fight the banker dads! I have a few carefully laid plans which doesn't involve me having to shout from the touchline like it's the champion league final!
If we win anything I'll let you know next year. If we don't I won't mention it again. This is the same modus operandi as share tipsters!!!
After the awful Nativity 3 movie at last a decent kids film "Get Santa". Definitely something in this one for both kids and adults! We're off to see Paddington later this week!
I will see a few old faces on Monday for the follow up seminar, should be a good day out for us, let's find some Santa rally trades!
Thanks for all the comments from the seminar, glad you enjoyed it, I really did but I hope some of you will definitely sell some of the crap.. you know what I am talking about.
If you missed this one the next seminar is January 26th, make it your new year's resolution to come and spend a day with me!
Mail me at robbiethetrader@aol.com with "January seminar 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.'
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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.utilitywarehouse.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!
Prices are guaranteed lower than the top 6 suppliers for energy and lower for mobile, home phone and broadband with some amazing prices.
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
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 January 26th
Price is £650 plus vat. However there is a decent early bookers discount available for those booking nice and early.
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 "Dec 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
The pure greed shown by those shoppers trampling over each other to get a few quid of a telly was really sickening.
Shows some people will do anything for an assumed bargain including happily kicking and punching others getting in their way.
It's all really horrible though quite ironic too that so many are taken in by what is simply a marketing ploy as old as the hills.
To whit, making people believe they have to take advantage of the price NOW! TODAY! Of course betcha you could can get whatever you want at an even better price with a bit of patience.
It's the same with those awful spam mails. "Your 20% discount code ends TODAY!!"
Of course in a week's time they will send you a 25% discount code!
I don't agree with giving the vote to under 18s. It's just too young. It's a cynical ploy by Labour to get more votes as they are much more likely to vote Labour.
Some talk this week about the subsidised drinking that goes on in the upper house by the "Lords"
My view is: remove all the alchohol from Parliamentary buildings and the Lords.
These people are supposed to be running the country so why do we allow them to take what is actually a drug which we then subsidise. Take it all out, it should be water and soft drinks only.
Too many of our so called "Honourable" gentlemen appear to be out of control alcoholics and it's time we put an end to the bars there. Time they did some proper work instead of drinking and playing "Candy Crush".
Well I did say Jimmy Bullard would be out first or last. Shame it was first as I lost my bet.
He got unlucky there, floored by some tinkering by producers (big mistake!). Yeah, thanks a lot!
His ejection meant the rest of the series gradually fizzled out. Many of the contestants were very dull, like Tinchy. Edwina injected a bit of craziness which just about saved it from being a total turnoff and a well deserved win for Foggy.
The Apprentice. Winner looks to be between either Mark or Rosheen.
(I have to say this but the best looking woman always seems to make it to the last 3, know what I mean?)
I felt Lord Sir A should have had a bit of a sense of humour over the flat skeleton. I think if it was me I may have applauded the idea.
He was obviously glad for a good excuse to get rid of Felipe as his disgust of lawyers is very apparent. Guilty, my lord.
Finished Broadchurch. Although the Mrs did guess whodunnit early on it was still a great watch.
The Missing has also proved an excellent series and Homeland really raised its game with a brilliant new series.
I love this review on Tripadvisor regarding a hotel in Blackpool:
"Looking through the drawers in the room there was evidence of drug taking with empty bags covered in a white substance.
Having only seen drugs on the telly I presumed this is what it was. I made a complaint and the owner said sorry and if I wanted any drugs he would make a phone call..."
Those of you who want to spreadbet on sports and entertainment shows like the X Factor and Big Bro, here's a great sportsbet site.
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
First great deal: If you want level 2, through me it is only £350 for your first year including VAT!
This compares to £473 direct from advfn inc vat so this deal saves you over a whopping £120! ADVFN level 2 also includes all the live trades made through Plus Markets which I find invaluable.
To accept this great deal just e-mail me at robbiethetrader@aol.com with "Level 2 offer" in the subject line and I will tell you how to get it. Level 2 gives you access to all the market maker positions and the order book and I would not trade without it!
More on level 2 in my book and I spend hours on it at my seminars. So if you get level 2 and want to learn how to use it properly live, book my seminar!
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 £30 for your first year by paying just £145 inc vat via me instead of £173.71
Just mail me at robbiethetrader@aol.com if you'd like this deal with "silver" in the subject line.
Markets
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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.
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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.
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Markets
Well, so far the main markets are playing out as they usually do.
This week is always a bad one which is usually brilliant as it sets up for the traditional Xmas rally.
And so far this week anyway it's been a nice downmarket which should set up the upside for Xmas, though remember this is never guaranteed.
Indeed the one topic that always lands in my inbox this time of year in December is:
"How do you play the Xmas rally"?
Now you don't have to send me this email as I hope to answer it here saving me loads of individual replies.
End of December markets are usually hot! Historically the strongest week
of the year for the market is the 51st week. And the second strongest? The
52nd!
The probability of positive returns in December is a high 69%. The
market's only had one significant fall in December since 1981. Both mid and
large-cap stocks perform equally well.
Why are the markets so good at the most wonderful time of the year?
I suspect it is down to something as simple as human psychology.
We all feel good with the approach of Christmas, then there are New Year's hopes
and dreams. And probably funds want to end the year on a good note. Some say it is to do with big funds wanting to make their end of year books look good.
But by the end of January we tend to be left with a bit of a
hangover and that's why February isn't so good. Indeed I suspect we may be in for a bumpy January if the Xmas rally is good.
The period between Christmas and New Year often sees stocks squeezing
higher on thin volumes. Many stocks race higher during the holidays; there is frequently no one
selling and institutions are shut. This often has a good effect on stocks at
the smaller end of the market.
Of course, I am making it all sound too easy "¦ it's never going to work
out every year. But the use of stop losses should ensure that when
you meet a year without a Santa bump, your losses will be minimal.
Way I play it is a ftse or Dow long spreadbet soon, probably early next week - just a rolling as we're only looking short-term. Though it depends obviously on how the ftse is looking.
A trailing stop loss of say 100-150 points (to ensure no sudden spike out) might work out.
I usually sell it in early January and then maybe go short for the January blues.
This worked nicely in 2013 when I bought just before Christmas at 6445
and the market had a lovely festive rally and in January went to near 6800
for a tremendous profit!
Note: You see this year was a whole load of nothing as far as the main companies were concerned.
But do remember: the market can never be totally predicted so beware, maybe this is the year it won't happen. In which case I'll get stopped out for a loss and so be it.
I find December is also a good time to have a look at some of the smaller,
tiddler stocks in the market and sometimes have a bit of a gamble on a
few stocking-filler shares. But only a little gamble, mind. Let's not be idiots.
Looking at specific days, would you believe it the short half day on Xmas Eve is the strongest market day of the year, with the 23rd being the strongest day.
Which suggests buying stuff on the 22nd might work!
But watch out, the first week in January is the weakest market week.(You can imagine this is when people look at their credit card spending in December and reality hits)
On the downside, one thing to watch out for is companies sneaking out bad
news between Christmas and New Year. It's the same as political parties
burying bad news on a day when a big story emerges elsewhere.
With so
many people away, the companies hope the stinker will go unnoticed. So it's
worth keeping an eye on news that's related to your stocks.
I get out quick
if any kind of bad company news is released on one of my shares at this time.
So, to sum up... long the FTSE usually works from sometime around this week or next but by the time we hit January a switch to a short might pay.
If you're going to play the Xmas game, good luck, but remember markets often don't do what is expected, so beware! And if you get in at the wrong time maybe get out fast and try again!
And maybe I could kindly ask you not to mail me directly on the Xmas rally topic - this really is all I have to say on it!
Best spreadfirm for ftse trading is here
http://www.spreadco.com/nakedtrader
As it has a spread of only 0.8 on the FTSE which beats most others.
On the shares front death is a pretty good business to be in.
After all it's a business where you never run out of customers!
That business is Dignity (DTY) which owns funeral parlours.
Those who come to seminars know I have already doubled my money on Dignity having bought in the 700s and 900s a while back.
And as I always say I never mind buying more of something.
Dignity generates a lot of cash and it tends to return that to shareholders so often it comes up with 100p or so as a special dividend. It is highly rated but in the business of death so it should be!
My trading plan? Well probably hold it for years but try and ensure that I do sell it before I have to use its services myself...
After all I don't want to take the shares to the grave with me! ps, you don't get any discount on your coffin as a shareholder. (Well I thought I'd ask....)
I've bought two shares this very afternoon!! I literally just bought Caretech (CTH) this afternoon which is a care organisation and picks up a lot of Government contracts. It came to my attention as I was looking through company results early today.
Although it has big debt it has massive property assets valued at £275m which is £100m more than the debt. The statement was confident and it pays out a very nice dividend of over 3% - (try getting that from a bank).
Though the spread looks wide you can get a good price and I got 2,000 shares this afternoon at 226.2 though the advertised buy price was 229.
My thought is a long-term isa tuckaway to pick up a decent capital lift and a nice income.
And I bought some more Audioboom (BOOM) this afternoon. It came down to what looked like a very value price around 10-11 pence and I've bought some more aiming for it eventually to ride back up to the 15-17 area. Managed to sell out at 17p last time for a very nice profit.
We were in the middle of doing level 2 at the last seminar and one level 2 stood out, that was the one in Renew (RNWH) where I have already doubled and more my initial stake made on the site a while back.
However it was so strong I bought some live there and then at 269. I had been looking to buy a few more after already doubling my money on them and this seemed a great opportunity.
I also did a spreadbet on it too - hard to find SB companies that will offer spreads on the small ones though this one does and I did the bet with them
http://www.spreadex.com/nakedtrader
Fundamentals look great in this fab little company and looks like there is more upside to come, and level 2 gave me a great entry point at the then low of the day.
(If you'd like to do level 2 live with me at one of my seminars next is Jan 26th)
Oil services companies have been badly hit by the oil price slump although I think one or two unfairly.
However there is no point going against market forces so two subject to oil price worries went.
So I flogged off GMS for a loss of £580 . I think this one has been unfairly marked down and I expect to buy back shortly. Especially as it continues to announce new contracts, there will be some major money to be made there if I can get a new entry price right.
I also sold the last of the old PFC I had from ages back for a profit of £5,023 . I'd made many thousands on it a long time ago by banking it way higher.
Pressure came... er... under pressure from the oil slump and I sold my last lot to take a small profit after already banking half profits previously However I then stupidly tried to be clever and bought some at what I thought was a good price at 550 area and then got caught out by a trading statement causing a loss, though it was only a couple of hundred quid. Lesson: wait and be patient on a falling sector. However one to keep an eye on and keen to buy back at lower levels.
I've banked some profits in one or two long-termers on the site.
I've ding donged out of the last Chime for a profit of £3,108 and I sold half the remaining Avon for a profit of £4,910, keeping the rest.
All of which gives me a nice total profit banked of £12,461 for the site which raises a nice load of cash for buying stuff at hopefully lows during the probable Jan/Feb gloom.
Let's have a look at a few in the porfolio starting off with announcements
Recentish buy Amino put out a sparkling statement with what I always love, it expects to be ahead of market expectations and this has lifted the price some more, and I am staying put for more!
Iomart put out half-year, it looks reasonably on track to me though one or two slight question marks over customers coming in and out caused a fall.
I suspect this will get taken out so I've stuck with it, in a profit still from one trade and a loss from the other. Still, I made a great gain on the last bid offer so hoping for the same again. Both The Times and Investors Chronicle comment on how cheap it looks now, any price under 200p looks cheap for this now.
BTG raised another £150m to help fund another acquision. In tremendous profits here having timed my money by nearly 8x now making mega thousands. I'm sticking with it I suspect for at least another couple of years and I think in time more upside is to come from FTSE 100 inclusion late next year.
Pets At Home produced some very decent figures and it seems to be it is worth more, at least up to 220 so I remain a holder and in a good profit.
OPG put out a strong statement with higher profits and a new contract.
GB Group stated it expected "significant full year growth" and that keeps me in this fantastic shares where I have made a fortune (£12,000 profit for the site so far) I'm now hoping for a bid to take it out in the 200-250 area.
Seeing Machines has raised some more money to support its expected growth next year, been a frustrating one this year as it hasn't really moved much overall. However being a jam tomorrow share that can happen. A major contract win could change things. In the meantime it is in a holding pattern in the 5-7 area.
Sprue Aegis put out a fantastic report, expecting to beat market expectations - a really strong update. As I mentioned when I bought this lower recently it looks like a lovely company in a growing area.
Recent buy Carclo hasn't done much yet though Quartix has shone brightly.
Telecom Plus reported well recently and I should get a massive cheque next week which should fund a brilliant time in Dubai! Simply a nice sleep at night tuckaway that should continue to provide good income and capital growth in the years ahead.
Spire continues to shoot up and Flow Group continues to look strong.
Energy Assets still looks a good thing. I can't believe I did do well out of the British Airways spreadbet now up 100 points, or whatever it is called International Consolidated..
GVC continues to be a lovely share. Super profits but the dividends are simply amazing and I got a nice juicy payout of nearly £2,000 recently.
For those of you thinking of playing the Santa rally in late Dec, might be worth opening an account here in readyness as the FTSE spread is only 0.8
http://www.spreadco.com/nakedtrader
** TWO NEWER SPREADFIRMS I USE:
FOR SMALL COMPANIES:
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 Dillistone 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
***
TIGHTEST SPREAD FOR TRADING THE FTSE/DOW ETC
If you're into trading indices this one is the cheapest with just a 0.8 spread which is fantastic - execution is top too
http://www.spreadco.com/nakedtrader/
If you start using them and find any problems please let me know.
IG
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/fabdeal you can sign up directly there but do tell me! (Click become a distributor and follow links)
****
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
on every other Thursday afternoon.