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The Naked Trader

Robbie has been trading full-time since 2001. His book The Naked Trader has become one of the biggest-selling finance books, reaching the top 150 books on Amazon. Trades made and published by Robbie’s have amassed profits over £600,000. You can read about his buys and sells daily on Proactive Investors.


Proactiveinvestors highly recommends that you read these books: Naked Trader 3, The Naked Trader's Guide to Spread Betting and the brand new product, The Naked Trader Diary 2013.

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Well surprisingly they seem to want to go up...

July 04 2012, 3:39pm

Well surprisingly they seem to want to go up..

Which goes to show if you try and second guess what's going to happen and take a firm view the markets will always make a monkey out of you.

However the market is hoping for more stimulus and if it doesn't get it there is no ruling out it going down again. And is it possible the Euro thing has gone quiet?

Stuff I own is going so well actually it's been a quiet week for me and given I've been out a lot I've been very grateful the markets have been stable.

So all in all I've not done a lot. Sometimes it's like that, trades should never be forced just for the sake  of it. 

I've made nice sums from a brilliant company - Anite (LON:AIE) over the last 2 years - the thing I did wrong was always sell too early on it. Never mind.

I bought some the day before results at 122.4 and those results did not disappoint yesterday. Excellent rise in profits, and also a superb outlook, one to tuck away for me now for some time, perhaps a year or two, it looks the perfect ISA share. 

It's not one that's going to double in a few weeks, but it's one that could gently bring in the money.

Fenner (LON:FENR) has been battered over the last few weeks. Made so much from this one over the years, my best was when I bought it around 77p. It went down to about 330 so I missed what might be the bottom, but still I bought at 346 targetting initially 400 but if the market rises over the summer it's got a reasonable chance of heading higher than that. However if the market tanks it will probably tank with it so one to be careful with.

While the market is upbeat holding shorts is a bit dangerous. Afren (LON:AFR) turned when it hit the early 90s and a lowered stop took me out at 98.4 for a profit of £290. Seems to not want to go through 110 for now, so potential for another short there perhaps. Senior went at 186 for a profit of £270.    

PORTFOLIO HIGHLIGHTS

A good week with most things gently drifting higher. None of mine have really put anything out worth noting so not much to chat about this time.

The two gambling shares I bought recently, Sportingbet (LON:SBT) and Betfair (LON:BET) both go fine. 

Optos (LON:OPTS) are going well and Mecom (LON:MEC) short is doing fine. NMC Health (LON:NMC) did put out an all is okay statement so sticking with that though no profit yet.

GB Group (LON:GBG) continues to climb steadily and has had a good week. My guess is a potential take out here at some point but no surprise if they are tradiing at 100 p by year end. 

Lovely LOQ (LON:LOQ) is back on the way up!  Already a trebler for me but more to come? Plenty of LOQ bots were being used at Legoland when I was there a couple of weeks ago. 

Dialight (LON:DIA) has come back a bit since unexpectedly getting a slot in the FTSE 250. Possibly as small cap funds would have sold out, still 250 funds should be buying in  now. I have been patient all the way from 150p and it now tries to conquer its all time high around 1100. A those of you who have to my seminars have seen from my accounts my profits in real life are something like £90,000. For the website profits are more than £50,000 - and of course there have been dividends on top. 

CML (LON:CML) sits happily higher though isn't sure of 300. Vislink (LON:VLK) comes back up after going ex dividend. 

IP Group (LON:IPO) reported today it has realised some profit as another of its portfolio gets a listing on the aim market. What an investment that's been! It has a more than 20% holding in Oxford Nanopore which has made the world's first hand held DNA sequencer, probably worth a fortune for the company. It just has a knack for investing in the right companies. More upside I think despite the recent rises.

Filtronic (LON:FTC) came up with quite a bullish statement which has pushed the price up. Jury is still out as to whether this one has more legs but for right now, thinks look pretty good. Already close to doubling on it and maybe it will surprise with more later this year. 

Telecom Plus (LON:TEP) is going for it and at an all time high. To be honest surprised it broke through 800 and now 850 so easily. I would suspect it'll be  1500p in 2-3 years.  

It is everything you want from a long-term hold. A fantastic income and a gradually upward share price - together as long as the world doesn't blow up, it should deliver 15% or so per year. Possibly more. So I am happy to continue to hold more than a quarter of a million quids worth of shares without any worries about it or even bothering checking the share price. It helps that in this case I have them mainly in share certs! I also luckily have an option to buy another 4,000 shares at 164p...!

The brilliant Nicols stays steady around 7 quid.It is a lovely little long-term share. Hoping for an eventual bid there. Brought this one up at a few seminars.  

BTG (LON:BTG) has really been flying this week, it has  conquered the 400 mark at last.  and is nearly there!  Corin continues to gradually drift higher. Kentz (LON:KENZ) and Costain (LON:COST) improving nicely.

So, a quiet week, let's see what the next few days brings.

Nakedtrader  was created after I left my full-time job as a finance editor for BskyB to trade full-time. I had been writing an diary page for its teletext service since 1998 and decided as I was leaving to transfer that to the internet.

These articles are simply a "diary" of my life, or what you would now call a "blog". I detail what I've bought, sold or shorted and briefly why. I use various spreadbetting companies and stockbrokers to carry out the trades. I ignore commission but also dividends and I reckon the two balance each other up.

So you should be aware this is not a "tipping" site and I do not consider myself, nor do I want to be, a "tipster". In other words tipsters will urge you to "buy" something - and they generally are regulated to do so by the FSA. I simply state I have already bought or sold something personally. Because of that I am not "regulated" - so I am not an authorised "tipster". I am simply a trader who states his positions.

That is quite a big difference. I am not allowed to give what is called "Individual investment advice". And quite right too - I am not trained to do so. What that also means is if you e-mail me and ask me anything along the lines of "Should I buy or sell this share?" I cannot answer you except to say it is your choice! Of course I am more than happy to answer anything to do with general market/educational questions.

You should understand I always have an interest, and sometimes a big interest, in any stock I talk about. For website purposes my buys will often be to smaller stakes than in reality. So although my buys are real enough, as are the prices, I can and often do buy much bigger stakes in the shares. I may also "top up" in shares without declaring it and I will  sometimes deal more often than I mention on the site - mainly because of time pressure, if markets are busy. So though the buys on the site are around the £5,000 mark I may well deal in reality is sizes of £10,000 - £30,000.

My reasoning for this is I simply do not want to encourage people to blindly follow me into something when they do not understand the potential risk. It's ok for me because I can afford to lose money I put into the market. It may not be the case for you.  I am generally a medium term investor holding my shares usually between 1 week and on occasions up to 3 years. Average holding time is probably about 3 months.

So one of my main messages is: don't be tempted to follow me blindly into my choices. Quite often, as I play momentum, a share I have bought may already be much higher than when I bought it, especially as I do not update every day. If you follow me blindly you may be buying at a much higher price and you may end up selling at a much lower one.

You should ALWAYS do your own research and come to your own decisions on share purchases. If you follow me into something and lose money, you only have yourself to blame and not me. You should learn about markets and understand what you are doing before entering them.

The most risky way of trading of all is spreadbetting, which I do quite a bit. You should carefully read all the warnings that the spread betting firms issue together with all the warnings in my books. And never, ever, play with money you cannot afford to lose.

The aim of this site is to entertain, and perhaps stimulate debate, and that is the condition of entry !I really hope you enjoy reading about my triumphs and mistakes, but please, just watch and enjoy my triumphs and learn from my mistakes. Consider this site as entertainment. If this is your first visit to the Nakedtrader website site, I thank you for visiting me, and hope you will find this site useful. 

After reading and agreeing to the disclaimer, click the "I accept" button below. Please remember, I cannot give any specific advice, as to whether you should buy, hold or sell any individual share.

"The investments and other products referred to on the Naked Trader website should in no way be considered "advice" to buy or sell anything.  Naked Trader information is given in general terms only and does not constitute personal advice to any individual.  Investors are responsible for formulating and applying their own strategies based on their own personal circumstances. Naked Trader recommends that you obtain independent financial advice from an FSA-authorised intermediary before investing money.  Information given in previous editions of Naked Trader daily updates may become outdated and should not be relied upon unless confirmed by recent comment