The trend is your friend. This is a very old but true quote.
Why is that?
• 98% of big winning stock made the largest portion in their gain in a Stage 2 uptrend • Evidence that institutions are buying • Increase probability of success • Know what to expect under specific conditions – point of reference
Your goal is not to buy at the lowest price – It’s to buy at the right price!
Every stock goes through the same stock maturation cycle - it starts at stage 1 and ends at stage 4 as shown in the chart.
Stage One – Neglect Phase – Consolidation Stage Two – Advancing Phase – Accumulation Stage Three – Topping Phase – Distribution Stage Four – Declining Phase – Capitulation
Our JS-TechTrading strategy focuses on identifying stocks in stage 2 uptrends. By doing that, we create an edge over long-term investors and less proficient traders. By focusing on stocks in a stage 2 uptrend, we avoid losing money or breaking even over a long period of time and we are fully invested when stocks are in their stage 2 uptrends so that we can accumulate money within the shortest period of time.
Combing the BEST of two WORLD's: Cathie Wood & Mark Minervini
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.