Ninja Trader

Their Lean Journey...

2010-02-14T07:20:00.001-08:00

This week was a nightmare, issues with the project and learnt a few things around people management!

Was in Leeds on Wednesday to deliver Basic Lean Awareness training. The training went really well, we demonstrated how to apply 5S, how to identify waste using 8 waste principles and basic understanding of flow and visual management.

That night I stayed at the Queens Hotel in Leeds and I have stayed there before but this time round I stayed in a room where the heating didn't function, no minibar and to top it off the tv wasn't picking up the signal clearly! Having complained about the heating and tv twice that night I have had no one come back to me!

On the Thursday went to Bolton also to deliver the same training and also great feedback and one I liked was the staff felt more engaged and felt they was part of the Lean Journey... I had a big grin on my face.

This week I'm in edinburgh for my last part of the Blackbelt training so wish me luck! For now I need to studying....
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FX trading?

2010-01-31T14:19:00.001-08:00

My weekend is about to end and it seems like there is not enough hours in a day! The car needed some tender loving care, so took it to one of my local car cleaners and must say they did a tremendous job!

As I was on my laptop earlier I noticed that I'm on several social websites such as Facebook, twitter, LinkedIn and another one that I can't remember the name of! Your thinking why have I joined soo many, well its for networking! So big question, have I met anyone in terms of networking to share Six Sigma knowledge or business start up ideas? Errmmm.. No I haven't... I reckon that people register with a social website and not bother to go back and sign in...oh well!

Ok its been a while but I have been looking into the fundamentals of Forex Trading. I have been reading materials, speaking to professionals and attending seminars.

There is lot to take it, especially as Currencies move up or down but I'm looking to cover some of the basics over the next few blogs.

I will be focusing on GBP-USD and EUR-USD, if I focus on these 2 I should be able to understand the trends and movements.

The FX market has now opened and I like the fact that this is a 24hour market during Mon to Fri.

If anyone wants to setup a group to discuss strategies or techniques let me know!
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Something to start of your week!

2010-01-31T13:19:00.001-08:00

Something i wanted to share with everyone, this is hilarious!!

Are you ready to start trading?

2009-12-10T08:20:00.000-08:00

Following on from the previous post, once you have decided that you are ready to start trading, there are a few things that you need:

Obviously, a computer connected to the internet is one of them. How about a trading account I hear you ask? That's easily sorted out as well.

I recommend you try the following online brokers and you can decide which one looks the best and is the most cost effective for the amount of trading you will do:
1. E*TRADE – www.etrade.co.uk
2. Selftrade – www.selftrade.co.uk
3. Barclays Stockbrokers – www.stockbrokers.barclays.co.uk

These are probably amongst the best online brokers around and do not charge that much to setup and account and start trading.

Ok, now what else do we need? Oh yes, share prices. Many real-time share price monitoring websites are available, some are for free, and some require a monthly subscription fee.

Once again, test some out and see what one suit you best. Most of the subscription based monitoring websites are real-time, so you can see the share price changes as they happen.

A lot of the free share price monitoring websites has a delay in their feed. So if you are doing a lot of trading in a volatile section of the market, I would recommend you getting a real-time monitor so that you do not execute a share purchase at the wrong price.

So, to give a quick recap of what you need to do before you can start trading in shares: You need internet access, you need a brokerage account and you need to know what the share prices are before you can start trading.
Ok, that all sounds very easy. But what shares do you buy next? My suggestion is to look at well-known brands that you know, research their historic share prices and keep a watch on their prices.
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What do you want from your trading?

2009-11-30T10:25:00.001-08:00

One of the most important aspects when doing online share trading is knowing what to do when, and to know how much money is safe to spend. Your share dealings should always be done with money that would not bring hardship to you should you lose the money. You should open an online brokering account and set up an ISA and maximise your earnings by trading through your ISA's so as to avoid excessive taxation.

No fancy stock market trading software is needed, as most online brokerage accounts offer real-time share price quotes in real-time. Stock market trading can be daunting for beginners and therefore as much research should be done as possible before the plunge is taken. Many brokerage companies also offer free demo accounts to learn with virtual stock trading.

With the common misconception that to be successful in online trading, you need a lot of money and be able to take big losses without feeling it. Of course, for the most part, this might be true, but instead of spending money on non-essentials, you might very often take a few months and save up a bit of money, not a lot, a few hundred and invest this in a suitable stock that you have researched.

Over a short period of time, this might double or treble in value, or then again, it might even decrease in value. Never ever trade with money that should be used for essential living and it is never a good idea to trade stocks as a main source of income.

Should the stock market crash, you will be left with no disposable income and no way to recoup your losses, if you did have another source of income, this would be easier to start over again.

What type of trader are you? Part II

2009-11-28T13:20:00.000-08:00

Addictive to Softwares
These type of traders love to invest in Software's. They will look around and invest lots of money into software's to do the analysis and research and indicate when is the good time to buy or sell. The software's are expensive and range from a couple of hundred pounds to even a couple of thousand pounds. They get frustrated when a system tells them to buy a particular stock but it sinks, they kick and sigh and wonder how could that have happened when the system said it was a guaranteed buy. More money is wasted and frustrated. Get back to reality and do some research and analysis yourself.

Long Term Steady Investor (yeah baby)
These traders don't invest in a regular basis. They make cautious decisions based on through research, analysis and other factors. They would buy stocks but will hold on for a long period for the investment to grow and take small profits or large profits as and when. I particularly fall into this category and look at the long term potential and other varying factors.

Lets look at the Accounts records
These traders look though and though the companies financial details, bit by bit and looking and opportunities and flaws to determine a buy or sell. Gets boring reading the financial details but take some key details from there and leave the rest as the Markets tend to not follow the financial details unless the company is in trouble. Looking the financial documents is time consuming and confusing and by doing this you would never get a chance to buy shares and if you do decide then you miss the boat.

Penny Share traders
I must admit i was there a long time ago, Penny traders look for shares that have hit rock bottom hoping for it to go back to levels in the high in the previous months, but then the prices keep dropping and then sell as the fear kicks in that you will lose more than you anticipated. I have lost a bit and I'm sure many others had. The rush and adrenaline kicks in when you see it drop and think this has bound to go back up, but hey remember don't buy on instinct its going down for some reason look into it before you buy.

Bulletin Board traders
These traders make me laugh, they hype up the companies in the bulletin boards and make all these claims that 'good things are to come' and makes would be investors think is he right and engage in a conversation and then explodes into many people taking and then the share price increases and the original people on the bulletin boards dump their shares and the share price dips. This is called a pump and dump, where people will discuss about the potential of the company and something big is to happen and the market value goes up by number of buyers and then dips back to normal value once the steam has gone on the discussion board, this sometimes leaves the company writing a statement to the markets saying they have nothing to do with the increase in the share price and does not know why.

Anxious Trader
These traders hyperventilate when the share prices drops, even by a small percentage. They are frightened that the drop could go as low as possible. But once they have sold they go back in and buy the stock once they have gone up. The trouble with this is costing them a lot of money ie traders charges and the cost of the spread of the shares when buying and selling. In my opinion they are generating wealth for the share trading companies. His chances of surviving in this world, very very low.

Why did I inform you about these traders you say? I have identified these from peoples behaviour and shared these with you for you to read and see what type of character you fit into. I'm not saying nether of these type of traders are wrong but its good to try and understand how you fit amongst all the other traders and see what other styles there are.

OK the big news this week is about Dubai's ability to repay its massive amount of debt. Gordon Brown stepped in and calmed the UK markets, however i think that's strange when he didn't do that when the UK Banks was failing. What does this mean for the conditions of the Market? we just have to wait and find out soon.

What type of trader are you?

2009-11-21T09:50:00.000-08:00

There are many types of traders out there, having read books and materials and reading posts on financial boards. I have identified some and its worth while having a look at them and trying to understand what type you are and how successful each one of those types are:

Chartitist Person

They will examine the charts with all types of tools available to them like Fibonacci ratios, Boxplots, MACD divergencies and Bollinger Bands and likes to draw pretty coloured lines all over the chart to get to a decision to either buy or sell.

Well, i confess that i do use some charts but to too much over analysing charts.

Day Traders

Day Trader means Buying and Selling shares in a short period of time. These day traders take many small profits but many people also lose at the same time. And that's a reality, but Mr Day Trader will boast he has made many, hmmm.... let them. Day Trading is hard, it takes a lot of time and energy into research and is very stressing. On top of all of that with the commissions and spreads on the trade its difficult to earn much each day as a sustainable income.

Cautious but Safe

These type of investors like to invest in safe companies, such as major supermarkets as people do need to shop for groceries, major energy companies as people need to get petrol for vehicles. In my opinion in the long run they do end up with a good return, well better than it would be in the bank. But remember that he is not losing much and not stressing every day and going on with his life. However, you do need to jump and take a little bit of risk.

Its getting late now so will comtinue with this post on my next blog....

How long Photopharm!?

2009-11-20T06:31:00.000-08:00

I am deeply sorry that I have been away on holiday and now have returned to educate, motivate, inspire and provide you an excellent method in how to trade even through bad times.

Photopharm has dropped in value to around 16.03 however a lot of investors have jumped when the price was heading skywards - but if only they have waited 2 or 3 days afterwards to see how the price stabilises they could have got in the mid range or low price.

So my advice is when you see the price rise higher than previous gains don't jump on the band wagon, give 2 to 3 days for the price to settle - depending on how good the news is on the business!

The weather here in London is grey, raining and windy. Welcome back Winter. :(
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Can you really BLANK to trade?

2009-10-21T11:13:00.001-07:00

On Tuesday I was up early as I was travelling to Bolton. I don't normally use the underground but soon realised why when I jumped on the Northern Line... Its just that there are a small handful of people who are just rude and arrogant, just pushing to get to the front of the doors and jump on before the passengers on the tube had a chance to get out!! Arrrrggghhhhh.... OK that's my ranting over.

Here in Bolton for a few days for a conference and not been here before and I must say the people are friendly and the Reebok stadium looks great.

OK so this is my second part of my blog and I have had a few questions emailed to me and I will reply to those as soon as I can, in a way its encouraging that people are reading my blog.

Also found out that WTF doesn't mean Why The Face? I have been messaging that to my colleagues, no wonder why I haven't been invited out by them any more! Need to go explain myself... Funny when you think about it now really lol...

Firstly we need to know what type of person you are or will be as a trader so I will cover this over the next few articles on my blog.

Obviously, you want to make money but there are plenty of sad stories, you don't have to look far just check on any of the financial bulletin boards. Some traders even hid the loses from their close ones and effecting their relationships and lives.

Remember NUMBER ONE RULE:
Can you afford to Trade shares? Ask yourself can you take the risk with the money you trade with? Don't lie to yourself, if the answer is no just wait till you have the funds and just play with a virtual trading platform (will touch on this in my blog in the near future)

Also ask yourself the following questions:

1. Can I honestly risk afford to lost a lot of the money I trade with?

2. If I do lose the money can I quickly get that or make that amount of money?

3. Is it money that I have already have and not used from other people, on overdraft or credit cards and etc..

4. And What should I have for lunch? :)

Ok be honest to yourself and see what category you fit in. By answering this you can stop yourself doing any damages to yourself financially and to your lively hood.

Even if you haven't the cash flow just open a virtual play money trading account and gain some experience and just wait till you have the cash flow.

Ok that's enough wednesdays update for people to contemplate and think about till my next update on Friday.

Let's get some market update from me. I am very keen in Nighthawk Energy (HAWK) at the moment reason being as they have started to successfully drilling and have many wells in their project work streams to drill for oil and gas. They also managed to get funding for around £43m and with increased production also reducing debt by cutting operational cost by around 42 per cent. (Please check Nighthawk Energys website for full details)

Another one for this week is Phytopharm (PYM), they are settling down around 20p this week due to the good news of the results of the clinical trial of the Parkinson's antidote last week where it peaked to 36p. They also have other projects running and if successful they will be in a market where £4billion is spent annually.

REMEMBER always do your own research.

Ok remember this blog is starting right from the beginning life of a trader, so look forward to my updates every Wednesday and Friday afternoon.

Alternatively I'm available on email at iamninjatrader@gmail.com to answer any of your questions.
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Introduction

2009-10-17T14:50:00.000-07:00

"Success produces success, just as money produces money."
Diane Ackerman

My very first blog, so where do i start? Maybe your wondering that could you make money by buying and selling shares or by spread trading? and may make enough money to tell your boss to shove it where the sun don't shine?

Of course you can, it doesn't what age or type of person you are but you actually can! It doesn't matter if your 25 or 55, i hope that i can teach you to make money without having to waste your time.

My aim of my blog is to give you a strategy which i have been using that we all can share our experiences!

Don't worry i will be using plain English on my blog and not the financial talk you get in the FT or any other Financial books or full of financial jargons.

I hope that you can learn form me as i believe in simple strategies and methodologies to pick out shares. I will teach you everything you need to make money from shares without giving you a migraine. The best thing about this blog is that i wont even charge you anything, (that's got you interested he he).

Have a look around my blog and get familiar with the site, BUT PLEASE DO READ MY DISCLAIMER when you first start to read this blog.

You will notice that I have a trades tab, this tab links to a document where i keep tabs on my shares and i try and keep this up to date as much as possible. Other tabs included are for your ease to navigate and I will touch on the shopping tab later on this blog on how to earn reciprocal income (believe me its not that hard)

This is not a get rich quick blog (sorry!)

If you’ve never traded a share before it doest’t matter, as I’ll guide you every step of the way. And if you have traded for a while and have made losses, I am confident I can put you on the road to long-term stock market success by getting rid of your bad habits.

If you have traded shares for a while but you’re struggling to make money, I hope you’ll find some of my strategies useful.

One thing I certainly can’t do is promise that £10,000 you have spare is going to become £100,000 overnight as a result of reading this blog. You know those ads:

‘Make hundrends a day from the markets…’

‘Become a stockmarket millionaire with our software…’

Come on, you know in your heart that when it sounds too good to be true – it is!

This blog is about building your wealth slowly and surely – with realistic targets and time frames. Using discipline, good stock picking techniques and avoiding the mistakes new investors nearly always make, I believe I can make you richer. But you just aren’t going to become a millionaire overnight.

So, get a cup of tea or coffee, put your feet up and welcome to the crazy world of shares.

Email me!

2009-10-17T01:52:00.000-07:00

Your more than welcome to email me about if you have questions and i will do my best to answer them! My email address is iamninjatrader@gmail.com

Disclaimer

2009-10-16T12:24:00.000-07:00

Welcome to the I am ninja trader

My name is a secret and will be revealed as and when... I am a successful Lean Six Sigma practitioner for a Global institution. I have been trading for some time and now have developed a strategy and methodology and am writing this blog about my experiences as a lot of people ask about mt strategies and methodologies.

This page really is what you would call a "disclaimer" page and you should read it carefully before entering the site.

The website is simply a "blog" of my life". I detail what I've bought and sold and briefly why. I use various stockbrokers to carry out the trades and I ignore 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 quite a big difference. I am not allowed to give what is called "Individual investment advice". And quite 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 answer you except to say it is your choice! Of course I am more than happy to answer 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 although my buys are real enough, as are the prices, I can and often do buy much bigger stakes in the shares. I may also "top up" in shares without declaring it and I will sometimes deal more often than I mention on the site - mainly because of time pressure, if markets are busy. So though 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 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.

So one of my main messages is: don't be tempted to follow me blindly into my choices. 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.

You should ALWAYS do your own research and come to your own decisions on share purchases. 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 iamninjatrader site, I thank you for visiting me, and hope you will find this site useful.

Please read and before continuing to the site. 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 should in no way be considered "advice" to buy or sell anything. My 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. I strongly recommend that you obtain independent financial advice from an FSA-authorised intermediary before investing money. Information given in previous blogs of iamninjatrader updates may become outdated and should not be relied upon unless confirmed by recent comment.

I take every care to ensure that the factual information on its website is accurate but cannot guarantee this. My email address is iamninjatrader@gmail.com

When continuing, you agree you have accepted this disclaimer!

I FULLY UNDERSTAND THE TERMS AND CONDITIONS OF ENTRY TO THIS WEBSITE AS STATED ABOVE:

Book reviews

2009-10-14T12:44:00.000-07:00

My reviews of books that I have read and recommend for all my followers!

Trades

2009-10-14T12:17:00.000-07:00

My trade tables follows! Trades are updated Weds and Fri afternoons in the trade page. These tables are then updated later (sometimes one or two days later if I'm busy)

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. 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. Tables as accurate as possible 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.

About me

2009-10-12T12:21:00.000-07:00

Well, obviously you all want to know who i am? well all in due time... but first a bit about me! I am a qualifed Greenbelt in Six Sigma and currently going through accreditation for Blackbelt. I have started to trade quite some time ago and now will revel methodologies and techiniques that can help you in a way thats helped me.

But in the meantime, do follow me and comment and im sure we will have fun!