I’m starting to ‘get it’ thanks to your videos and sage wisdom.
Hi Marty,
Yes, I'm starting to get the hang of this IBD methodology. I've been an IBD subscriber for years, but only after my joining your service and listening daily to your videos am I able to 'see' what to do. I'm not yet disciplined enough though. As the most recent example, I was exuberantly buying 4/23 early am when I should have waited an hour or more. But, but, I was buying the right stocks for the right reasons.
Thank you again, Marty. Never give up!
Larry Wiklund
Larry,
Congratulations! You will find the more you study the more confident you will become. It is important to know when to step on the gas and when to apply the brakes.
It is important to stick with one style and not try to be a "jack of all trades." You must know that this type of strategy only works in certain (up trending) markets and we do not do well in downtrending markets. The idea is to buy the strong stocks in a strong market. The stocks that the institutions are buying as they are the folks with the money and the power to move stocks and the indexes. It is not a secret as the information is included in every chart.
Regards,
Marty