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That is quite a big difference. I am not allowed to give what is called "Individual investment advice". 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? 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.
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. 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. 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.
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