The Naked Trader, 2nd edition

Audio book

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Author's site

Meet The Naked Trader in the flesh! Robbie is running a number of one day seminars where you can learn the secrets of successful trading. Visit his site for more details. www.nakedtrader.co.uk

Jacket text for The Naked Trader, 2nd edition

It's back - and this time it's even more revealing. In this completely updated and expanded edition, top trader Robbie Burns gives you the lowdown on the strategies you need to make money from the stock market without having to sit at a screen all day. Robbie quit the rat race in 2001, and believes you can do it too.

The original Naked Trader flew off the shelves as the glowing reviews from readers mounted up. This new edition contains loads of new stuff: more essential tips, more key facts, more ideas, more insights, more real-life tales and an awful lot more toast.

Robbie, aka the Naked Trader, is your expert and highly entertaining guide to the often baffling world of the stock market. In between cups of tea, rounds of toast and the occasional 'cuddle' with Mrs Naked Trader, he describes the straightforward techniques that have enabled him to succeed in the markets, escape the rat race and make a lot of money.

This book tells you all you need to know. If you're a complete beginner you can start here or if you're currently trading but want to learn some new ideas - get reading now!

Robbie reveals his trading secrets gathered from ten years of money making. From how to find good shares in the first place, ensuring you don't buy a complete stinker, to using spread betting to enhance gains and how to make big returns quickly from smaller companies. There's also his simple "traffic lights" system, which makes reading company reports a doddle, and real traders reveal their horror stories and winning tips!

This time, Robbie reveals his top 10 secret winning strategies - 10 sure-fire ways to ensure only the best shares get bought. Plus, how to get the confidence to hold onto winning shares and get rid of losers, and how to buy and sell at the right time.

Packed with practical and easy to follow advice, everything is explained simply with none of the incomprehensible jargon found in so many other books. Whether you just want to make a few quid on the side while you're at work or you want to go on to make money from the markets full-time and quit work like Robbie, this book is all you need to get started - so grab some tea, toast and relax, and just maybe a richer future awaits!

Chapter headings for The Naked Trader, 2nd edition

1. Introduction
Welcome To The Crazy World Of Shares
Escaping The Rat Race
A Day In The Life Of A Naked Trader

2. Getting Started
Is Trading Right For You?
Who are you?
Types Of Traders/Investors
What Do You Want From Your Trading?
The Trader's Toolkit
Introduction
The toolkit
Your trading environment
Important Things To Know About Trading Or Investing
Get to know your area of expertise

3. The Knowledge
What You Need To Know To Start Trading
Spreads
Trading costs
Normal market size
Trading hours
Why shares move up or down!
Market makers and the crowd
Dividends
How do you buy and sell a share!
How Do I Find Shares Worth Looking At?
How To Select Shares
Picking undervalued shares - my secret!
WAGS & SHAGS
Charts And How I Use Them
Buybacks, AGMs and Perks
Share buybacks
Shareholders' meetings/AGMs/presentations
Share perks
The Perfect Portfolio

4. Trading Strategies
Market Timing
Volumes
Setting Stop Losses And Profit Targets
IPOs - How They Can Make You Money
Buying into new issues
Main market new issues
AIM new issues
Trading Tips - Times Of The Year
Time For Tea And Toast
10 Winning Strategies
Strategy 1: seek companies starting to change
Strategy 2: find cheap shares!
Strategy 3: buy a hot sector
Strategy 4: recovery plays
Strategy 5: play short-term trends
Strategy 6: buy boring companies!!
Strategy 7: buy shares "doing the splits"
Strategy 8: companies doing well in specialist markets
Strategy 9: finding bid targets
Strategy 10: buy shares moving up to the main market from AIM
Other strategies

5. More Knowledge
SIPPs
Bulletin Boards
Bulletin board shorthand
Level 2 and DMA
Direct Market Access (DMA)

Spread Betting
Naked Trader's Ten Golden Rules For Spread Betting
Directory
Shorting - making money when shares fall
Other Instruments
CFDs
Covered warrants
Investment trusts

6. Trading in Real Life
It Shouldn't Happen To A Share Trader!
Avoiding the stinkers (don't eat prunes)
Mistakes new investors make
Top ten mistakes
And now, my big mistakes!
Dear Naked Trader!
Traders' Tales
The Market Can See You Coming

7. The End (Almost)
The Naked Trader Rules
Finally!
Appendix
Websites worth a look
Books
Quiz - What sort of investor are you?
Naked Trader seminars
Three Little Letters Addendum

About Robbie Burns

Robbie Burns has been a journalist and writer since he graduated from Harlow Journalism College in 1981. After starting life as a reporter and editor for various local newspapers, from 1988-1992 he was editor of ITV and Channel 4's teletext services. He also wrote ITV's daily teletext soap opera "Park Avenue" for 5 years. He then went on to freelance for various newspapers including The Independent and The Sun, and also helped set up a financial news service for CNN. In 1997, he became editor for BSkyB's teletext services and set up their shares and finance service. While there he also set up various entertainment phone lines in conjunction with BSkyB including a "Buffy The Vampire Slayer" phone line which made him nearly £250,000. He left full-time work in 2001 to trade and run his own businesses which included a cafe in London which he sold, doubling his money on the initial purchase. While at BSkyB, Robbie broadcast a diary of his share trades which became hugely popular. He transferred the diary to his website, www.nakedtrader.co.uk, which became one of the most read financial websites in the UK. Between 2002 and 2005, he wrote a column for The Sunday Times, 'My DIY Pension', featuring share buys and sells made for his pension fund which he runs himself in a SIPP. He managed to double the money in his pension fund from �40,000 to �80,000 in under three years as chronicled in the Sunday Times. By mid 2007, he doubled it again, reaching £165,000. Robbie now writes a weekly column for the leading financial website, ADVFN.com. Robbie has made a tax free profit of well over �500,000 from trading shares since 1999, and has made a profit every year, even during the market downturn of 2000-2002. Public trades made for his website have made more than £400,000. He lives in a riverside apartment on the Thames with his wife, Elizabeth, toddler son Christopher and cat Diddle. His hobbies include chess, running, swimming, horse racing, and trading shares from his bedroom, erm...naked. After all, he wouldn't be seen dead in a thong...

More about Robbie Burns

Reviews for The Naked Trader, 2nd edition

"The book covers an impressive amount of ground, from the basics of setting up as a trader, to the meat of strategies and psychology, and plenty of honest examples of where things have gone wrong. As an introduction to the world of shares, The Naked Trader scores highly."
- Dominic Picarda, Investors Chronicle

"The relaxed way to make a fortune!"
- David Schwartz, market expert

Praise for the first edition:

"A must read for all aspiring millionaires..."
- David Schwartz, market analyst

"Robbie is his own man and his book will show you that it is possible to build a susbstantial portfolio using common sense techniques."
- George Hallmey, Click Events

"The Naked Trader by Robbie Burns sounds awfully like one of those 'How anyone can make money trading shares' books that wouldn't get a mention in this column. It really does say exactly that on the cover. But hey - to ignore the fact that this promise sells books would be very naive. It's what's inside that counts...recommended...as a gift for laddish investors."
- Alistair Blair, Investors Chronicle - Books of the Year