I trade in one stock at a time. Yep, it’s high risk but you want big gains there is no other way.
What I saw trading US stocks is by combining technicals with certain key fundamentals I can hit a very high % winners in stocks. AND these are not quick swing trades but 150% moves.
I only trade stocks in two sectors. This is where the big winning stocks are. The stock has to follow price/volume technical scans then I run 4 key fundamental tests on them. The ones that pass everything I get into.
The stocks are high priced and liquid. Keep out of penny stocks.
The 150% target can take anywhere from 5 months to 15+ months. No need to watch every day. Once a week in more than enough. Over watching leads to time wasted and frustration.
No predicting needed. Follow the stocks. No need to worry about the future, what might happen or even worse have someone tell me what they think.
Is it the HOLY Grail? Not quite. Past 20 trades 18 have ended up in profits. Very occasionally it is wrong. I have no idea why really. Even market corrections do not lead to losing trades as we get into stocks way before market corrections. You have to accept sometimes stocks collapse for no rational reason at all. IF the system ever drops below 70% winners based on the past 20 trades….I WILL CALL IT A DAY. Maybe that will happen one year?
But it is accurate enough and the profit/loss ratio is high enough to go all in on one trade. The key is to roll each trade into 3. That would take about 4 years.
Nothing to sell. No system, no signals, no books. No articles, blogs, videos, etc…I am not interested in teaching, predicting, etc.
If you’d like to invest with me email me.
my email: email@example.com
Best books on stocks/trading:
- How I Made $2 million In The Stock Market – Darvas
- Market Wizards 1 and 2.
Other trader I like:
Ed Seykota – trading tribe (not really trading) some people do not like what he says….because it’s the truth
Tom Basso: He gave me some good advice about 20 years ago…before he quit managing money
ED Tharp: trading psychology.
Things you really need to avoid: (thank me later)
Day trading, short term trading.
penny stocks, pink sheets,
99% of Technical analysis. Don’t waste your time studying T.A. nor trying to create your own.
Newsletters, market predictors, CNBC, any news channel