Sunday, February 24, 2019

$TTD  + 50%  in  7  Weeks


"It was never my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!"

By Jesse Livermore (one of the Greatest Stock Trader of our time)



The  "Follow Thru"  day that we had on January 7th has been one of the most successful and profitable days in the last 5 months.  Many leading stocks started gaining strength and began moving up rapidly in the last 7 weeks.  $TTD was one of those stocks.  In order to make a sizable difference to your portfolio, one has to adhere to some very simple rules of trading Growth Stocks.  I have been highlighting some of those rules in my blog posts in the last 3 weekly blog posts.  Following are some of the very basic rules and concepts one should follow to attain the kind of gains achieved in trading  $TTD.  Those basic rules as mentioned in my previous blog posts were:
  1. Yes ... You can TIME the Market (blog post Jan 13th)
  2. Concentrate your portfolio to few stocks. (blog post Feb 3rd)
  3. Buy High and Sell Higher (blog post Feb 10th)

How  $TTD  was  scaled  in  with  3  positions


  • Jan 7th  "Follow Thru"  day initial small test position was initiated at  $119.91  at the market open.  Position quickly gained  +8%  within 7 trading days.  Stock was trading above the 50 day sma(simple moving average) while the  leading Growth index  $QQQ  was below the  200  day sma.  
  • Jan 16th added a second position at  $131.35 at the market open.  Position quickly gained  +12.3%  within 15 more trading days.  Stock was now trading above the 20 day sma while the  $QQQ  was still hovering below the 200 day sma.  This stock was well supported by the institutions and leading the market.  First position was already  +23.6%.  
  • Feb 7th, a third position was taken at  $145.40 at the market open.  Position quickly gained  +3.5%  within 9 days.  Original position of Jan 7th was already  +25.5%  by this time just a day before earnings.     
  • All 3 positions were now held through earnings day on Feb 22nd.  There was plenty of profits attained in these positions to warrant that decision.  The stock had gapped up and attained  +20%  within days during the earnings in 2018 on Feb 11th, May 28th and August 10th.  Trading volume during these earnings report was  12  times the normal daily average trading volume and had invoked the  "8 week holding"  rule of IBD.
  • Once again the stock delivered a  +29%  gain during the earnings on  Feb 22nd.  Trading volume was  6  times the normal daily average trading volume.  Once again this stock invoked  the  "8 week holding"  rule of IBD.  
  • According to Mr. William J. O'Neil (Founder of Investors Business Daily), when a stock moves  +20%  from its buy point within 3 weeks, it should be held for 8 more weeks.  He found that the stock tends to attain a higher price due to institutional interest in the stock.  $TTD  is  +308%  in the last 12 months.


Currently all the 3 positions have attained  +50%  on an average in the last 7 weeks since the  "Follow Thru"  day of January 7th.  It required a lot of patience to select the right stocks out of the 18 stocks that I had mentioned in my blog post of January 13th.  They were finally concentrated with positions in just 6 stocks within 4 weeks.  One has to have the patience to sit tight and monitor the performance of the stocks.  Remove stocks that are not performing well and invest that money into the ones that are.  Scaling into the stock as the stock continues to perform well is the key to profiting with growth stocks.  That's how you make a significant difference in the growth of your portfolio.



Mentoring  Program


"There will always be challenges, obstacles and less than perfect conditions. So what? Get started now. With each step you take, you will grow stronger ... and more and more successful"

By Mark Victor Hansen (author)



We had a very successful  "Follow Thru" day on January 7th.  Market continues to grind higher for the last 9 weeks.  $QQQ  is still butting its head against the 200 day sma that is acting as a strong resistance.  One should be harvesting profits if the stock has attained  +20%  or more.  Have the $$$ available for other Growth Stocks that are breaking out.

Our schedule for March is full but if you are really interested in enrolling into our mentoring Program, I will be glad to open up some slots for you.  

   

Schedule a  FREE  30 mins of  "Discovery Call"  with us and learn:

  • How to find the winning Growth Stocks?
  • How to Buy the Stocks Right?
  • How to Sell your Stocks Right?
  • How to TIME the market?
  • How to protect and harvest your Profits?

Contact us at:

investorspotlight@gmail.com



Happy Trading!

Amin





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