I currently trade shares using three methods, each one selected for its appropriate usage dependent on my view of the current share price or underlying market.

 The first method is normal buying of fully listed shares on the London Stock Exchange (LSE), via my stock broker. Usually I pay £9.95 to buy and £9.95 to sell, with stamp duty fixed at 0.5% of the purchase price.

 I buy shares offered on AIM within my Sipp, as a tax wrapper I use, they usually have a relatively low normal market size (NMS) and are hard to trade out of when any bad news its reported. All of my SIPP trades are considered highest risk and should not be followed without taking advice from you IFA.

 The second tool in my trading arsenal is a "Spread Betting" account. Using a spread bet gives me the opportunity to trade on margin, and the choice of  "going long" (when I think a share price is likely to  rise), or "going short" (when I think a share price is likely to fall).

 I strongly advise anyone considering a spread bet account to carefully read and understand the wealth warnings that are attached to the application forms, as this is a high risk trading method.

 Thirdly I use covered warrants within my SIPP so I can benefit (go long or short) from a volatile market, but keep the profits within that all important tax free wrapper.

 Although you can only lose your initial stake trading covered warrants, again this is a high risk trading instrument, you should be fully conversant with this type of derivative before entering into any trades.

 I personally trade different amounts of shares, but for the purpose of this website the quantity will be equivalent to £5000 worth of shares.

 All of the buys and sells made by me, at the exact real bid and offer prices (no dodgy mid prices here). I don't always reveal the exact number of shares as often I buy between £10,000 and £30,000 worth.

 I feel for site purposes, that it is fairer to judge my performance by using a £5000 average trade size. I also think if I disclosed a large buy, some people would be more inclined to follow me in, something I want to discourage, as the financial risks I take, are very real.

 IT IS VERY IMPORTANT TO STATE : THIS IS NOT A SHARE TIPPING SITE. I AM NOT REGULATED BY ANY FORMAL "BODY", TO GIVE INDIVIDUAL INVESTMENT ADVICE.

 DO NOT BE TEMPTED TO TRY AND FOLLOW, OR COPY ANYTHING THAT I DO AS YOU COULD EASILY LOSE MONEY.

 My current strategy tends to be medium term buy and hold. I usually hold shares for between 4 months and a year, sometimes longer.

 I used to move in and out of shares much quicker but in current market conditions I prefer to hold for a while. I use spread betting for shorter-term trades.

 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.

 If this is your first visit to the Nakedtrader website site, I thank you for visiting us, and hope you will find this site useful. 

 After reading and agreeing to the disclaimer, click the "I ACCEPT THE DISCLAIMER ROBBIE" 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 may not be suitable for everyone. 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.

Information given in previous editions of Naked Trader daily updates may become outdated and should not be relied upon unless confirmed by recent comment. Naked Trader takes every care to ensure that the factual information on its website is accurate but cannot guarantee this. "