Sunday, July 11, 2021

Portfolio  Management 


"When they came on the scene, Kmart was one of them, when in 1962 it only averaged about 2,000 shares traded each day. Jack Eckerd was another, which in April 1967 also averaged just 2,000 shares of trading each day. Both of these stocks went on to become huge winners. Even though the institutions at first would not pick up Pic'N Save, O'Neil did for his own personal account. He actually kept purchasing this stock on the way up, buying more shares every one or two points when the stock would rise. He did this for several years. In fact, he made 285 different buys on this stock in a span of 7 n 1/2 years. This is probably one of the most masterful examples ever of how to pyramid a winning position. At one point he actually owned 4.99% of the total stock outstanding (if you own more than 5%, you must register with the SEC). This stock would turn out to be one of his biggest winners ever, with some of his initial positions up 20 fold when he finally sold out and his profits were a main source for starting the newspaper Investors's Business Daily a few years later".


Mr. John Boik, the author of his book:

"How Legendary Traders made Millions"


tweeted this passage from page 148 of his book in June of 2020.  I shared this excellent content on my tweeter account:  "@spotlightamin"  for the benefit of retail traders and investors.  I would highly recommend that you pick up a copy of this book for your library.  He highlights some of the principles that some of the greatest and most profitable traders utilize to accumulate a 7 figure portfolio.


One of the best books that I personally keep a copy by my bedside table and the book that I carry with me every time I travel or go on vacation is:

How  to  make  Money  in  Stocks (4th Edition)

By William J O'Neil (Founder of Investors Business Daily)

The first chapter from page 9 through page 109 are highlighted with charts of the the greatest winning stocks.  Every winning stock ever since the stock market came into being exhibit these characteristics.  There is no secret to picking the right winning stock if you learn to study the stock charts and all the hidden clues it exhibits.  Professional money managers don't want to share these secrets to individual retail traders and would much prefer that you buy what they have to sell - mutual funds and index funds.  Here is the link that describes the IBD (Investors Business Daily) system as practiced by its founder Mr. William J O'Neil.


https://youtu.be/66XFXqh_5N4


Currently 2 of my largest stock positions is in  $RH  (my blog post of Oct 22 2020)  and  $PYPL.  Both of these positions were originated during the  'Follow Thru'   day on April 6th ($PYPL at $97.80 that is  +300%  currently)  and on April 7th ($RH  at $110.56 that is  +600%  currently).  Multiple positions were established in a stair step manner as the stock kept climbing.  Both of these stocks have appeared numerous times in some of the most powerful screens of IBD weekly print and digital version since January 2019.  The key to making sizable gains in your portfolio is to concentrate your portfolio to just a handful of stocks.  It seems counterintuitive but when you put into practice the rules laid out by IBD, it makes perfect sense. 



Mentoring/Coaching  Program

I have had a lot of my readers express an interest in getting up to speed with learning about Growth Stock Investing and trading.  We will be offering for the first time ever live weekly Zoom sessions for 8 weeks in a row tentatively starting Tuesday  August 31st,  2021.  Sessions will be offered at 6.00 pm (Eastern Standard Time) that will last 60 to 70 minutes.  There will be home work assigned at the end of every session to help every participant put immediately into practice the discipline of Growth Stock investing.  I shall share my screens so that you can:
  1. Look over my shoulder every week as I go through the process of looking for stocks of interest.
  1. Analyzing the stock charts to decipher the institutional behaviour.
  1.  Annotate stock charts on the brokerage platform for future reference.
  1. Going through the Investors.com website to extract some fundamental and technical aspects of the stock.
  1. Developing an appropriate Trade Plan for the stock.
  1. How to position size when you take an initial stock position or add to the existing position.

It will be 2 month (8 sessions) subscription service with a blog post weekly to help keep the subscribers abreast of the stocks discussed and lessons to learn from the home work assignment.  After the first 4 sessions of learning some of the key parts of the Growth Stock investment strategy, subscribers will have the opportunity to present Growth Stocks of interest from their homework assignments every week that they would like for me to highlight during follow up sessions to solidify the rules of investing.
Class size will be limited to few students  to enhance the experience of active engagement with homework assignments.  Sessions will be recorded and archived  and will be made available as a reference guide.
if you would like to participate in this subscription service and start your profitable investing journey with my guidance and mentoring, contact me at:

investorspotlight@gmail.com

You must be a subscriber to IBD digital/print to attain the most benefit from this mentoring session.  It will require a couple of hours of study every week to solidify your learning of the principles of Growth Stock Investing.  November through April are the strongest months in the stock market.  Invest the time now to master this technique to attain financial freedom. 


Happy Trading!
Amin Hemani






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