The Naked Trader – Robbie Burns trading diary
Title
My name is Robbie Burns and I have been a successful trader for more than ten years. I’ve also written the book "The Naked Trader" which turned into a best seller. The very first edition was published in 2005, the 2nd edition in late two thousand seven and the third edition in 2011. I’m also the author of "The Naked Trader’s Guide to Spread Betting". I also wrote "DIY Pension" column for the Sunday Times for three years which chronicled how I doubled the money in my pension scheme.
This website 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 one thousand nine hundred ninety eight and determined as I was leaving to transfer that to the internet.
This page indeed is what you would call a "disclaimer" page and you should read it cautiously before coming in the site – by pressing the "I Accept" button.
The website is simply a "diary" of my life, or what you would now call a "blog". I detail what I’ve bought, sold or shorted and shortly why. I use various spreadbetting companies and stockbrokers to carry out the trades. I overlook 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 fairly a big difference. I am not permitted to give what is called "Individual investment advice". And fairly 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 response you except to say it is your choice! Of course I am more than blessed to response 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 albeit my buys are real enough, as are the prices, I can and often do buy much thicker stakes in the shares. I may also "top up" in shares without proclaiming it and I will sometimes deal more often than I mention on the site – mainly because of time pressure, if markets are busy. So tho’ 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 go after 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 inbetween one week and on occasions up to three years. Average holding time is very likely about three months.
So one of my main messages is: don’t be tempted to go after me blindly into my choices. Fairly 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 go after 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 go after 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 injecting them.
The most risky way of trading of all is spreadbetting, which I do fairly a bit. You should cautiously 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 indeed hope you love reading about my triumphs and mistakes, but please, just observe and love my triumphs and learn from my mistakes. Consider this site as entertainment. If this is your very 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 reminisce, 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 individual advice to any individual. Investors are responsible for formulating and applying their own strategies based on their own private 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 latest comment.
Naked Trader takes every care to ensure that the factual information on its website is accurate but cannot assure this. My email address is [email protected]
Before continuing, you must accept this disclaimer!
I FULLY UNDERSTAND THE TERMS AND CONDITIONS OF ENTRY TO THIS WEBSITE AS STATED ABOVE:
The Naked Trader – Robbie Burns trading diary
Title
My name is Robbie Burns and I have been a successful trader for more than ten years. I’ve also written the book "The Naked Trader" which turned into a best seller. The very first edition was published in 2005, the 2nd edition in late two thousand seven and the third edition in 2011. I’m also the author of "The Naked Trader’s Guide to Spread Betting". I also wrote "DIY Pension" column for the Sunday Times for three years which chronicled how I doubled the money in my pension scheme.
This website 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 one thousand nine hundred ninety eight and determined as I was leaving to transfer that to the internet.
This page truly is what you would call a "disclaimer" page and you should read it cautiously before coming in the site – by pressing the "I Accept" button.
The website is simply a "diary" of my life, or what you would now call a "blog". I detail what I’ve bought, sold or shorted and shortly why. I use various spreadbetting companies and stockbrokers to carry out the trades. I disregard 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 fairly a big difference. I am not permitted to give what is called "Individual investment advice". And fairly 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 reaction you except to say it is your choice! Of course I am more than glad to response 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 albeit my buys are real enough, as are the prices, I can and often do buy much thicker stakes in the shares. I may also "top up" in shares without proclaiming it and I will sometimes deal more often than I mention on the site – mainly because of time pressure, if markets are busy. So tho’ 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 go after 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 inbetween one week and on occasions up to three years. Average holding time is most likely about three months.
So one of my main messages is: don’t be tempted to go after me blindly into my choices. Fairly 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 go after 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 go after 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 injecting them.
The most risky way of trading of all is spreadbetting, which I do fairly a bit. You should cautiously 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 indeed hope you love reading about my triumphs and mistakes, but please, just see and love my triumphs and learn from my mistakes. Consider this site as entertainment. If this is your very 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 reminisce, 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 private advice to any individual. Investors are responsible for formulating and applying their own strategies based on their own private 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 latest comment.
Naked Trader takes every care to ensure that the factual information on its website is accurate but cannot assure this. My email address is [email protected]
Before continuing, you must accept this disclaimer!
I FULLY UNDERSTAND THE TERMS AND CONDITIONS OF ENTRY TO THIS WEBSITE AS STATED ABOVE:
The Naked Trader – Robbie Burns trading diary
Title
My name is Robbie Burns and I have been a successful trader for more than ten years. I’ve also written the book "The Naked Trader" which turned into a best seller. The very first edition was published in 2005, the 2nd edition in late two thousand seven and the third edition in 2011. I’m also the author of "The Naked Trader’s Guide to Spread Betting". I also wrote "DIY Pension" column for the Sunday Times for three years which chronicled how I doubled the money in my pension scheme.
This website 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 one thousand nine hundred ninety eight and determined as I was leaving to transfer that to the internet.
This page indeed is what you would call a "disclaimer" page and you should read it cautiously before coming in the site – by pressing the "I Accept" button.
The website is simply a "diary" of my life, or what you would now call a "blog". I detail what I’ve bought, sold or shorted and shortly why. I use various spreadbetting companies and stockbrokers to carry out the trades. I overlook 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 fairly a big difference. I am not permitted to give what is called "Individual investment advice". And fairly 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 reaction you except to say it is your choice! Of course I am more than glad to response 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 albeit my buys are real enough, as are the prices, I can and often do buy much thicker stakes in the shares. I may also "top up" in shares without announcing it and I will sometimes deal more often than I mention on the site – mainly because of time pressure, if markets are busy. So tho’ 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 go after 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 inbetween one week and on occasions up to three years. Average holding time is most likely about three months.
So one of my main messages is: don’t be tempted to go after me blindly into my choices. Fairly 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 go after 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 go after 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 injecting them.
The most risky way of trading of all is spreadbetting, which I do fairly a bit. You should cautiously 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 indeed hope you love reading about my triumphs and mistakes, but please, just see and love my triumphs and learn from my mistakes. Consider this site as entertainment. If this is your very 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 reminisce, 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 individual advice to any individual. Investors are responsible for formulating and applying their own strategies based on their own individual 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 latest comment.
Naked Trader takes every care to ensure that the factual information on its website is accurate but cannot ensure this. My email address is [email protected]
Before continuing, you must accept this disclaimer!
I FULLY UNDERSTAND THE TERMS AND CONDITIONS OF ENTRY TO THIS WEBSITE AS STATED ABOVE:
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