1. Most Discussed
  2. Gainers & Losers

to stock doctor and others ... My strategy framewo

  1. turbiditic

    479 Posts.

    My strategy ......

    Take it or leave it ! But at least I have posted !!

    I hope it is of some use to someone !!!!!!!!!

    This is just an outline.

    I lost money by buying stocks via many methods in the 90’s and then sort of stumbled into buying a stock for no other reason that it was moving up and i was desperate. I made a profit !

    After literally thousands of hours of research it came down to this !

    *****Look at a stock showing a sustainable uptrend and reaching new yearly highs.
    I believe that a chart displaying a sustainable uptrend is the most reliable of any chart pattern.*****

    The key is the word “sustainable”

    Keep it all simple.

    1) Forget head & shoulders patterns, volume indicators and any other type of T/A.
    2) Ignore P/E’s and all other financial indicators. It’s not possible, unless you are an insider to gain any advantage through research. And can you trust the figures ?
    3) Look for tangible evidence of the companies product in action, or visible demand. Forget stuff like looking at supermarket shelves, look further …………
    4) Take note of TV ad’s.
    5) *****Look at market share.*****
    6) Use your noodle and use a trailing stop loss.
    7) Think how the pro’s make their money ….. the 2% (I get to that at the end !)
    8) Forget T/A and F/A (I know I’m repeating myself)….. It’s all included in the price of the stock.
    9) Stick to the top 300 on the ASX and not mining Co’s.
    10) Stick with the stock as long as the run continues. It will come to an end !

    I bought ABS early last year because I was dropping my child off at Child Care and was aware of the demand, and shortage of facilities = market share. And although it hadn’t been listed for a long time the chart was moving up nicely.

    During my usual afternoon walk I walked past a massive housing development. They also had TV ads. I bought DVN very early this year because I figured they had market share, had money to spend on TV ads and had a great looking chart happening..

    I changed banks from CBA to BEN.

    Stocks to look back on are:

    ION (Harley Davidson motor cycles !!) = great chart & market share thru the baby boomers.
    ABS (child care centres)
    Too many to mention.

    That’s it ! Sorry if it’s not some system with Bells and Whistles but they just don’t work !!!!

    Surveys show 98% of investors are reluctant to buy shares trading at yearly highs. So who keeps buying them ? The 2% that make money perhaps !!!!

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.