Nude Trader: Robbie Burns and the Naked Trader Explained
Have you heard about the famous nude trader so far? What exactly comes to your mind when hearing the term “nude trader” in the first place? Yes, it may sound a bit silly and unusual, but no, it’s not what you may have suspected.
Even though the term itself might allude to a strange man who decided to trade on a laptop without clothes, it is an entirely different matter for a reason known only to him. Don’t worry. We will give you the correct answers about that.
Many miss out on the crowd of information that can be of great importance to traders. Therefore, it is essential to attract people’s attention in one way or another, and that is exactly what the naked trader managed to do when he published his naked trader book.
Who is the naked guy behind the laptop?
To understand where the “nude trader” came from, it is essential to get to know him in the first place. His name is Robbie Burns, and he describes himself as a successful long-term trader who’s been around for more than a decade now.
He has been a writer and journalist since 1981 when he graduated in journalism from Harlow College. From 1988 to 1992, e was an editor for Channel 4’s and ITV teletex services. After a career in journalism and television, Robbie transferred to the Internet.
Since 2001, the nude trader has made over £2.5 million from trading shares, a tax-free gain. That made him one of the few ISA millionaires in the United Kingdom, achieving profits every year, no matter the circumstances. His public trades alone have made more than £1.5 million.
What has Robbie written so far?
Robbie is best known for his best-selling book called “The Naked Trader.” It caught the attention of beginner traders and many experienced professionals in this field. The first edition of the famous book was published in 2005, the second in 2007, while the third edition of the naked trader book came in 2011.
Besides his best-selling book, Robbie has also written: “The Naked Trader’s Guide to Spread Betting.” In addition to that, he also wrote a DIY Pension column for the Sunday Times newspaper. That column chronicled how he has managed to double his money in his pension scheme.
How did Robbie enter the world of trading?
Robbie Burns was a finance editor for Sky before he decided to quit and start trading full-time. Since 1998 he’d been writing what he called a “diary page” for its Teletext service. As the Internet continued to evolve, he transferred that diary page to the Internet and started his naked trader website. It was a site as entertainment but also an educational one. But we’ll come to that once we explain what his diary page was about.
What is a diary page exactly?
There’s no big secret about what a diary page could represent. It was simply a diary of his everyday life in the form known as a blog. He was primarily focused on what he had bought, sold, or shorted with brief explanations of why he did so.
In fact, he used numerous stockbrokers and spread betting companies to do what he did the best – carrying out the trades. He decided to ignore commission and dividends since he assumed these two would somehow balance each other out.
The goal behind the naked trader site
So, as he calls himself, the naked trader website about this rather unusual nude trader is just a simple blog about his trading, not a “tipping” site. Robbie wants people to be fully aware that his website is far away from a “tipping site” since he doesn’t consider himself a tipster.
He doesn’t like to be a tipster because, in his opinion, tipsters are constantly forcing people to buy something, and the FSA usually regulates them. Robbie is not regulated.
He is just stating what he has bought or sold personally, without any intention to influence anybody, in particular, to share his thoughts and experiences. This simple trader is interested in stating his positions.
So, he avoids answering numerous questions about what share should someone buy or seek because he’s not allowed nor trained to spread “individual investment advice.” Robbie is there to say his opinion regarding general market educational questions.
An entertainment site in the first place
However, the main aim of the nude trader website is to entertain and sometimes stimulate the debate. He says it’s the condition of entry in the first place! Robbie tells people that they must learn from their own mistakes and triumphs to know what to avoid and what to emphasize.
A medium-term investor
Robbie doesn’t want people to blindly follow him into something they do not understand, especially the potential risk. He states that risks are OK for him, who can afford to take them, but that isn’t often the case with other people.
He considers himself a generally medium-term investor holding his shares from one week to three months or even a couple of years in some extreme situations! However, he pleads people not to follow his choices blindly since he often plays momentum.
A potential share he has bought could already be way higher than when he purchased it. It’s especially the case as he doesn’t update it every day.
Robbie’s main advice: Do your research
Robbie’s main advice is that investors shouldn’t forget to do their research before deciding to purchase shares if some individuals choose to follow their favorite forex trading analyst, known as the naked guy, without really understanding it or thinking twice.
It may be a potential problem for them. They might end up buying at a much higher price or selling at a much lower one, on the other hand. He avoids taking any responsibility for others’ decisions and reports how vital a good understanding of the market is for making significant profits and success.
What is the interest of a nude trader here?
Robbie Burns, or as many people know him by his nickname, the “nude trader,” always has an interest, and sometimes that interest can be enormous in any stock he talks about. Unlike the situation, in reality, Robbie’s buys will always be smaller stakes for website purposes.
Thus, even though his buys are “real enough,” he will often buy way bigger stakes in the shares just like the prices. In addition to that, this famous nude trader could also “top-up” in shares without declaring it.
Sometimes, he’ll deal with more things than he usually mentions in his naked trader daily updates online. That’s primarily because of time pressure, in case markets are too busy.
How is the site designed, and what does it contain?
If you have decided to devote some time to the Internet’s famous nude trader, you should first read the full description and then click the “accept button,” i.e., “accept this disclaimer,” if you wish.
Of course, many people would think who-knows-what about the term “naked trader.” But once they read the full disclaimer, it is obvious they’d want to learn more about his trading experience. So, what does the site contain?
Content on the famous nude trader website
So, the website is updated every other Thursday afternoon. It includes the following categories:
- Diary – Basically everything about his everyday life
- Archive – A collection of his previously published content
- Trades – Trade tables to follow that are first reported Wednesday and Friday afternoons under the “Markets” section on the diary page. You can see shares, spread bet shorts, and spread bet longs.
- Escape – Includes his story called “Escaping the rat race.”
- Offers – You can find NT website information, ADVFN offers, Money Week Magazine, Sharepad offers, etc.
- Books – It will take you to another site with book and author of the month, bestselling titles, coming soon, etc.
- Seminars – On this page, you will find upcoming seminars online via Zoom or in person. If you are heavily interested in a seminar guided by a nude trader, you should check this page from time to time.
- Sports – Usually, a naked trader will provide the weekend preview in audio format.
- ADVFN – Contains ADVFN level 2, bonze, and silver exclusive offer.
- FAQ
- Contact – In order, you wish to email Robbie, the nude trader.
What about the naked trader book?
Those who aim to invest in shares, but don’t know how to do so and are tired of all the jargon in various books and other resources, should consider reading the Naked Trader book! It is about stock market investing that can be enjoyable!
The book could help anyone understand the potential risk in trading, price action trading, and various other topics from real-life trading examples by Robbie Burns. He’ll give you the lowdown on what’s required from any trader in this world to earn profits in today’s markets.
The naked trader book became extremely popular since the book includes exclusive ideas, tips, and stories. It helped many people learn how to trade successfully and tax-free by themselves! It includes a lot of information on how to:
- Do spread betting to hedge against long positions by shorting,
- Read charts,
- Set stop losses.
It’s also worth mentioning that, according to the professional review from the Motley Fool, the naked trader book is a “perfect introduction to trading for the newbie.”