Next update May 27th

*Best Financial Educational Provider, International Finance Awards.**

Upcoming Zoom seminars 10am-5pm venue: Your Place!
NEW OVERFLOW SEMINAR DATE: For
beginners and improvers - June 9th
(April date is sold out)
If you want more than the book and see me do it live, come and spend a day with me and live markets online! See trades from my own accounts, research, level 2, and finding great shares from scratch. Also psychology, websites to use, when to buy and when not with live examples, building portfolios and tons more, no experience necessary and no question too stupid! And chat to me direct. Also chatroom all day. For more details,
costs etc email at robbiethetrader with "June seminar interested"

Follow up seminar - May 28th Lots of trade hunting, research,
supply and demand plus follow up, problem solving and tons more.
You must have been to a previous seminar to qualify. Mail with
follow up interested" for details.

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Thanks very much for your feedback to the NT Radio show 4. Glad you
enjoyed it! If you haven't heard it yet it is here:

>

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Great to spend time with some of you at the zoom seminar a few days ago.

Given I am still mainly stuck at home with my back woe being able to chat to, banter with lots of people for a day really cheers me up!

Thank you all for your understanding I couldn't be on camera all day as I had to do most of it lying down and being on camera all day would have been weird, you'd have been in bed with the naked trader!

I felt it was one of the best seminars ever! We got through some very interesting psychology thanks to the honest answers to the questionnaire.

Also judged from the feedback both beginners and those of you who've been investing for a while got something out of it. We covered a lot of ground - if you didn't the notes I sent afterwards check your spam folder, if not let me know.

There's a new date if you missed this one, it's on June 9th, come and spend all day with me online and live markets, and you can even see all my accounts! (Don't hack them and buy crap for me).

I'm still spending a lot of time lying down BUT things are on the up as I battle against what I think I have - Tension Myositis Syndrome. Or Mind Body Syndrome. Millions probably have this and don't realise.

As I explained in the last update, the essence of it is the constant pain, wherever it is, is caused not by any structural physical defect but from the brain. Though the mri scan I had showed slipped discs they shouldn't really cause much pain.

The brain is giving out pain signals to distract you from your own emotional pain, stress etc.
This then leads to fear which causes the brain to initiate pain. It's a vicious circle, the pain generates fear, which generates pain and I'm not quite there enough to quite break it though I also don't think I'm far off!

The work I'm doing on it seems to be helping. In the last couple of weeks I have managed short swims in the pool most days, some short walks outside, some weights too. Baby steps but my idea is to very gradually do a bit more every day.

I had one setback on Sunday when I just overdid it. I went for a walk, then in the pool for a longer time, then I did weights and I was feeling very pleased with myself, headed for the coffee machine and wham! Got a massive intense pain right across the midback.

A lesson to me not to go for it the minute it all feels better! I did some new weights which is probably what did it.

The biggest hurdle I have and one I need to conquer to get back to what I would consider a normal life is sitting!

It sounds crazy but I am petrified of it. At best right now it is ten minutes then because of the fear my tms hits me with pain soon afterwards. So I have to work on sending messages to my brain it is perfectly safe.

It is all quite tough mentally - I have come to the conclusion that my whole situation stems from the aftermath of the hip op. I assumed after I would be back to normal flying around like I used to. Instead I was lying in bed for weeks in pain and feeling scared. The trauma is still there and I have to slowly get out of it.

I've had two online TMS counselling sessions so far which are really useful and those include a bit of hypnosis which I think is helpful. Right that is enough of old bloke moaning about his back.

There is a new date for a beginners/improvers session and that is June 9th. Email me for details/costs etc to robbiethetrader with "June zoom seminar interested" in the subject line.

Jas, thanks for your mail as you've been to two zoom seminars.

Just wanted to say thank you for a couple of wonderful seminars.
Your seminars were brilliant. Delivered methodically and with just a simple honest approach to dealing with the markets. You've helped me immensely in sorting my trading plan out and finding a good and profitable way to trade. After many months trying to figure out level 2, you sorted that out in one afternoon.

Since the seminar, I have placed 5 trades, 2 have closed out with profits and 3 are still running with profits. All trades placed using fundamental research and not Youtube videos
from David:

Well it doesn't happen often, but I am absolutely speechless! I don't think I have ever spent a more worthwhile day nor spent money more wisely and gladly.

I for one was practically at the point of orgasm all day in my enjoyment and appreciation of what you were presenting! Even though I have read NT time and again, to see you going through the process of stock assessment over and over was incalculably useful and I managed to take six A4 pages of notes during the day. I was fascinated to learn about (and see) Level 2 in action and learn more about Spread "ËœBetting'.

I thought the presentation balance was perfection, and Elizabeth was a complete star with her very well-judged handling of the questions....

.....This is a rather long-winded way of saying thank you so much to both of you - today was one of the top five most enjoyable days of my life, and I greatly look forward to joining you again!"

from Giles:

I just wanted to say thank you so much for the seminar last week. It was exactly what I needed to give me the additional confidence I need having read your books. You managed the almost impossible task of making a full day on a Zoom call really enjoyable and importantly, really useful. I also think the way you worked together to cover off all the questions the group had throughout the day was fantastic."

For those of you who missed that one, the next will be March 17th, and
anyone welcome to spend the day with me and Elizabeth. Mail for details
at robbiethetrader with "March interested".

Elizabeth has been brilliant for the electronic sessions, asking me the hardest
questions put by attendees in the all the day chat room a la Jeremy Paxman. She also does some
great sorting out of any tech problems delegates have.

Naked Rambling

Labour seems in total disarray and amazingly looks like the Tories will win Hartlepool for the first time ever.

That has to be mad! I think the reason is the party has totally lost touch with its grass root voters. Keir Starmer is turning out to be abysmal with no passion of any kind.

At least with Corbyn they had an identity and voters knew exactly what they are getting.

I don't think anyone has the foggiest regarding what Labour would be doing differently either now or in the future.

Best probably to leave it a year then have a proper revamp.

Bill Gates and wife are splitting. The lawyers must have loads of dollar signs in their eyes.

If I was married to Bill, I'd say "Just give me 1 per cent of the 150 billion that will do just fine.

Actually even 0.1pc.

So it is back to the championship for Fulham. Hah - who wants to be in the premier league anyway full of prima donnas. And at least you can win games. Roll on Luton Town!

What happened to Real Madrid against Chelsea? They were terrible I think even Fulham might have beaten them. (Do let me know if you want more really fascinating football chat).

Line of Duty (****)
So, what did you all make of the series end? I was initially a bit underwhelmed. Oh was it him? Ian Buckells? That all? I am sure we all wanted it to be Carmichael. But thinking about it afterwards it made sense.

Just an average guy getting promoted under the radar - and the OCG doesn't really have a massive mastermind, this is probably true to life. It's like conspiracy theorists. They don't realise most things are more cockup than conspiracy.

I suppose we were looking for a final big shootout scene or H being the chief constable - perhaps that wasn't possible with another series in mind. Looks like we are primed for another series. In the end it was all fantastic entertainment - my only real complaint was Davidson and Fleming heading off in the car which seemed a bit mad. And then when Buckels interview was done, it's down the pub! Anyhow if there is another series I'll be watching! Mother of God, I'm going to miss Ted.

This Time (****) BBC 1
Alan Partridge is one of the best comic creations ever and Steve Coogan is simply brilliant in the role. After all these years you'd think it would all be stale. But this is a great pisstake of the One Show. Two egotistical presenters battling it out for attention.

And a great new premise, a new producer has come in "From E4". Alan thinks the title music has changed, then the titles, and next is he on the way out? There are a few misses here but it is mainly hits. And frankly I find it hard to take the forced matiness of the one show!

The Infiltrator (****) Amazon Prime
Bryan Cranston off Breaking Bad (he seems to be in every drama at the mo). A fascinating film following the true story of US customs agent Robert Mazur who went undercover to expose drug gangs and money laundering. Exciting, thrilling and amazing that is is a true story,

Dragons Den (****) BBC2
I often think surely this series is past its best? But then I watch and it is always fascinating.
Even Peter seems a bit less sarcastic. But no-one really seems to want Touker on board as you can imagine what a grumpy git he probably is.

Better Call Saul (*****) Netflix
I've just rewatched the whole series and what a gem it is! Just brilliant from the writing to the acting to the directing. Lots of drama, humour, twists and turns it really is best watched as a massive binge. Maybe one for the next bank holiday weekend. Thanks to covid the next series had just started filming so probably no more till next year.

Some brilliant and genuinely funny moments combined with a little "so what is life all about" stuff.

Mare of Eastdown (**) Sky Atlantic
Surprising when Sky Atlantic screens what seems like a duffer but I just couldn't get involved here and felt I didn't care about any of the characters and was really bored. It gets good reviews elsewhere so we'll say it's just me.

No new Apprentice series till next year. Shame as with Lord Sir Alan OBE MBE MOT wearing a mask would have made it a lot easier on the eye.

A new Spice Girls movie is being mooted. Perhaps the girls need a topup for the pensions.

There is only one thing to say about this idea. "Stop right now, thank you very much."
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***

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Research Tree is a site that offers broker notes on shares, indepth with all the financials and target prices. So if a company reports, you can see what the brokers think - and you can also see the upgrades and downgrades. Plus the top shorted shares, a news feed and lots more.

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Stockopedia is indeed like a stock market encyclopedia and a great place to scan for new shares to buy, check out fundamentals...there is even a stock screen loosely based on my criteria! You can try it for free too.

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Level 2 through me it is only £462 for your first year including VAT!
This compares to £ 638.88 direct from advfn so this deal saves you £176.88!
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Just mail me at robbiethetrader if you'd like any of these with "advfn offers" in the subject line. Please note if you want to discontinue the sub you need to give a month's notice by post. L2 offer includes silver and bronze.

THIS SITE TO YOUR MAILBOX!

Website to your email PLUS extra trades which do not make it to the
website for my pension

If you'd like the website material sent to your mailbox so you
get everything before the site itself is updated every other Thursday
plus one or two exclusive extra higher risk trades not featured on the
site mail me at robbiethetrader with "email" in the
subject line and I will send you details on how to subscribe.

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.

****
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

Naked Trader Radio show featuring lots of virus bounceback
share ideas, plus tips for newbies for beginner click here:

>

Upcoming Zoom seminars 10am-5pm venue: Your Place!
NEW OVERFLOW SEMINAR DATE: June 9th For
beginners and improvers -
(April date is sold out)
If you want more than the book and see me do it live, come and spend a day with me and live markets online! See trades from my own accounts, research, level 2, and finding great shares from scratch. Also psychology, websites to use, when to buy and when not with live examples, building portfolios and tons more, no experience necessary and no question too stupid! And chat to me direct. Also chatroom all day.

Details from me at robbiethetrader please
put "June sem interested" in the subject line.

NEW: Follow up seminar - May 28th Lots of trade hunting, research,
supply and demand plus follow up, problem solving and tons more.
You must have been to a previous seminar to qualify. Mail with
follow up interested" for details.

I've had many queries as to when I will be getting the "Naked money" podcasts up and running again. A series where I teach a novice trader how to do it and
every week we pick a share.

Glad to report the 6k we invested together is now
over 9k, a 50pc return over 5 months.

Soon I hope as soon as the osteopath fixes the slipped discs and can sit for more than 15 mins. If you didn't catch it search for naked money whereever you get podcasts from.

My more entertainment based podcast with fun and music as well as lots of shares chat "The naked trader radio show" I hope to get going again soon.

If you never caught that google it, there are four shows, the latest "the naked trader radio show podcast 4"
Warren Buffet has had his claws out this week. As usual he is probably right. Oh ok then he is always right.

Warren likened current stock markets to casinos and accused trading apps such as Robinhood of "taking advantage of society's gambling instincts".

We've had a lot of people in the casino in the last year."

In a warning to amateur day traders he added: "Nobody tells you when the clock's going to strike 12 and it all turns to pumpkins and mice."

Charlie Munger, Berkshire's vice-chairman, branded the popularity of apps like Robinhood "God-awful". He said: "I don't mind the poor fish that gamble. I don't like the professionals that take the suckers."

Munger, a long-time critic of cryptocurrency, also described bitcoin as "disgusting and contrary to the interests of civilisation".
He added: "I don't welcome a currency that's so useful to kidnappers and extortionists and so forth."

I have warned about the robbinthepoor site and if you are trading "free" believe me you will pay one way or the other!

Back to Warren he did buy Tescos at 400p. I told him: "Warren, my dear chap, stop losses." Well, as usual he ignored me. At least I tried. He must have thought he was getting one Tescos share free for every 2 bought.

Indeed a number of people at my online seminar last week admitted to having shares down by a lot.

One lovely chap had let his share go down 80%. NOOOO! Please make sure this does not happen to you.

Go through your portfolio right this minute and dump anything down by more than 30%. I double dare you.

You didn't though did you? You will hold on grimly forever whatever otherwise your ego will get damaged as you crystallise the error.

Taking a loss is the absolute hardest thing to do and you'll find very few people can do it. Check out your favourite market commentators, tipsters, twitters or whatever. Now show me where they took a loss instead of holding on. They never did, did they?

I'm getting a mail a day about Bitcon. Along the lines of "you're missing out", "read this now!" etc etc. In my experience this probably means it will crash soon. Even the sentence I just wrote will no doubt make me unpopular.

Thing is, even if it doubles from here, I really don't need it. I made millions from buying and selling companies I feel I can place a sensible value on. So why do I need bother with something I can't value and trades 24/7 and goes up and down just on sentiment. I am very happy to be out and will keep doing what I am doing. Maybe this makes me an out of touch old bastard but in that case so be it!

Well, markets continue to be extremely confident. Despite fears of inflation. But there were strange movements on Tuesday, traders calling it a temporary "flash crash". Those bloody algorhythms!

Then yesterday we could call it a flash rise. Yet again every time there looks like there is going to be a drop a wall of money comes in.

When markets rise like this there is the fear a sudden massive drop is around the corner and all the nice gains will be eradicated. If you feel this way there is nothing wrong with banking a bit of profit.

Thanks for all the lovely feedback from the zoom seminar I did a few days ago - I reckon it was one of the best I've done. Some nice future trades came up and one or two were worth it on the day too.

At the online seminar we had a look at Cohort. (CHRT).

I like the look of the share, the problem was the big spread 620-658.

So live on zoom in the afternoon I put in a direct market access order for shares at 620, trying to get the shares at the sell price and so pay no spread at all.

By the close no-one had bypassed market makers to sell me the shares.

But I got lucky in the end of day auction. (DMA orders also go into the end of day auctions).

Lo and behold after the auction I got hold of 381 shares at the sell price.

Perfect! I do a bit on how to do this live at the seminars.

Fundamentally Cohort shares look value. Its market is defence where it has a lot of revenue streams including cyber security and it has some work for the MOD.

It's one of those under the radar shares I like and try and keep in my isa for a long time while hopefully it gently rises.

At the seminar we also looked at shares which had risen a lot. Most people find it hard to buy shares rising well.

Gattaca (GATC) despite recent rises still ranked 100/100 on stocko.

So despite the fact I got some recently at 90p and they were now 150p I wondered whether to buy more, or indeed take profits!

If you are in a share with a good profit how do you decide whether to bank profits or perhaps even average up?

I simply re-look at the share as if I had never seen it before. If I would still buy them, I average up. If I am not sure if I would buy them, I topslice. If I now wouldn't buy them, I'd take profits.

But after some research I decided I would still buy them so I did.

I covered this share quite a bit recently when I bought a lot lower. But in short this recruiter still looks good value. It has a massive cash pile and after making losses next year profit forecast is excellent.

One that came up on a share screen we did was UP Global Sourcing (UPGS)

I did like the look of it, it came up on a screening we did. I lost my notes as to which screen it was, I think it might have been a momentum one.

It designs, makes and distributes lots of brands for the home, one of the most famous must be Russell Hobbs.

Growth looks good, debt is low and there's also a dividend of more than 3pc.

It looks like a share that is currently being re-rated upwards and could easily rise up and over the 200p mark.

Lucedo (LUCE) is enjoying a good run and was happy to average up and get some more.

This electrical and lighting supplier is going from strength to strength so deserves three positions for the website.

And I have also averaged up and bought more of Spire Healthcare (SPT).

This private hospital outfit is on a rerate at the moment and there must be some bigger buyers around judged by the price action.

Its hospitals one would assume must be very busy especially with operations that were delayed and it has some NHS work.

Deliveroo (ROO) was crying out to be shorted and I got a short on as soon as I could though initially it was hard to find a spreadbet firm that would do it so hats off to spreadex.

Its valuation is totally nuts (which they probably deliver). And even though it has come down a lot, there should be still more downside with no real profits expected for a long time.

A Deliveroo bike dropped off the shorted shares and he said he will pick em up for me in a few weeks once the shares have gone down some more.

Trainline looks another terrific short. It's a tough one as it often goes up when it really shouldn't and it is hard to fight the market but it's being shorted by some of the shrewdest funds and there is nothing to like about these shares at all.

The shorter-term Polymetal trade went perfectly to plan and came out with a profit of £928.

I've topsliced a bit of Rbg after a fantastic run where I have more than doubled but still kept the majority of the holding. Website profit is £3,805 based on selling 5,000 of the 15,000 holding.
Things are looking up for ITV after its statement yesterday. Ad revenue looks on the way back and the euros and Love Island are on the way. Usually it goes down on statement day so the fact it went up is good news.

A cracking ahead of statement from 888 has pushed up the shares some more, and with rumours floating of more bids in its sector could be more to come.

Inspiration Healthcare and Morgan Sindall both soared after updates, inspiration's full year figures were very well received.

Long-term hold AB Dynamics is gradually on the up after a quiet covid year where it has trod water. But coming out of lockdown big things could be on the way and it is using its cash pile to make great acquisitions cornering the market in car testing. As self-driving tests ramp up profits should boom and though not cheap it continues to look a great long-term isa tuckaway.

I'd like to thank Akeel from Spreadco for taking live questions at last week's zoom event, and giving us all a lot of insight into how spread bets and spreadbetting firms work,

Spreadco is still paying 2pc interest up to £20,000 free cash which I enjoy getting and as we saw at the seminar its spreads on ftse 350 shares and the ftse always seem to be tightest.

> to open an account under Akeel.

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Ig created a stir among traders by axeing coverage of 900 odd shares. Customers were forced onto 100pc margin and many have not long to close them out,
It said it was forced into it by its own broker - I suspect sb firms are alarmed by the Gamestop palava and they've been inundated with too many new accounts chasing the same pump and dump shares.
Out of the 900 axed shares I only held two and am allowed to hang on as a "pro" trader.
Actually an interesting list of mostly rubbish and I suspect those forced out might be glad eventually!
There are some surprise bigger shares in there that IG will no longer deal in so for those of you who mailed me re other accounts I suggest

>

for the top 350 shares, spreads are often the best and it will deal in most 350 shares and some that IG won't. It also pays 2% interest on free cash up to 20k paid monthly.
For small caps try Spreadex say for the moment they will carry on with most of the shares so that could be another place to deal in shares IG won't.
Those who moan about 100pc margins, well I do suggest in my SB book not to use margin much - the sb firms can any time ask you to go 100pc. If this is a worry and you do not have the money to cover look on it as a warning and stop using too much leverage ok! (Yes Robbie stop being horrid to me).
Trades made for my sipp are exclusively available on my
email service (this is the website stuff plus exclusive trades mailed
to you earlier on update days). For subscription details mail me
with "email interested"

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PODCAST WITH DJ NAKED TRADER!

The Naked Trader Radio Show number four
>

Show three is here:
>

The second show was here:
>

The first show:

Stockopedia as ever is SO useful. It really
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>
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There is lots more really fantastic material and I believe access should help investors and I now use it myself.

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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.