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3. FLXS, Flexsteel Industries More paper trading with this new and thinly traded micro cap which is in its first consolidation after maybe entering a fresh uptrend. Long @ 33.00 / Stop Loss @10%

I don't know what you smoke but it looks like solid stuff, keep going...

The CANSLIM is mainly to have a pool of stocks that are solid and trending in a bull market, trying to put more chances on my side when I enter, then I solely play any consolidation in that up trend, that's all. Here is a "book" example of what I mean, Arista Networks, a perfect CANSLIM stock...

In 40 years I will certainly be dead so I hope I can exit before that, lol. You are right, there is nothing here but don't worry, I have it all, it's just not exposed here. What I can say, 1st, it's not buy & hold strategy, 2nd, I should exit if they go 10% against my entry price, 3rd, I will...

It's a long position...

2. PLAB, Photronics Inc. A challenger also as it has good numbers except last quarter with -11% growth. Same consolidation characteristics setup as the previous one and same entry reasons. Entry Long at 25.50, Stop loss at 10%

1. QUIK - QuickLogic Corporation So here we go with the first one. This one comes from the Challenger list, it had a bad recent quarter EPS but all the other numbers seem good or improving. Technically, the trend is young, only 261 days and it's in a consolidation of more than 3 months now...

As my trades take months to complete and my capital being currently fully allocated, I will paper trade in this journal to continue my learning and collect statistics. I will do the same due diligence as if these were real trades, it would make no sense otherwise. I currently have 2 watch...

4. SHAK, Shake Shak Inc - Consumer Cyclical, Restaurants. This is my last stock in my portfolio and the only non tech stock. I initiated a 8K position at 89.10 at EMA150 but before any previous high break. It's showing a loss as of today but looking like finding support at EMA200 On the...

3. DDOG, Datadog Inc - Technology, Software Application. I entered a 10K position at 119.41 on June 21. The previous high was broken soon after, confirming my entry, and the stock seems now out of consolidation and showing some profits. Interesting to see that it looks like a potential...

2. ACMR, ACM Research Inc - Technology, Semiconductor Equipment & Materials Number 2 stock by allocation as I entered a 16K position at 23.52, this time following my entry rules. The stock traveled into EMA150 and also EMA200 before coming back up above my entry price. I'm now at BE and...

1. GCT, Gigacloud Technology Inc - Technology, Software Infrastructure This is my number one stock in terms of allocated capital and of course risk. I initiated a 44K position at 29.08 on June 24 Fundamentally it's a green light as the stock is strong in all aspects showing impressive...

The big picture and today's portfolio. My SP500 market exposure indicator says that we are in a 100% bull market as the S&P prints new highs almost every week. So at the time of writing, I'm fully invested in a total of 4 stocks (GCT, ACMR, DDOG, SHAK) that will be discussed in following posts...

What the indicator tells, for those that don't know it and as a recall for myself. C => Last quarterly EPS growth compared with prior year. Good if > 25% A => Last Annual EPS growth compared with prior year. Good if > 25% R => Last Annual ROE growth compared with prior year. Good if > 17% N =>...

Rebuilding my portfolio and my system in a quest for better quality stocks. After more reading, more studying and some programming, being not fully confident about my stock selection I finally got convinced that the CANSLIM system was the best tool for picking good stocks from the fundamental...

When you have time, have a look at FTAI (FTAI Aviation) It's a while I'm waiting to enter this one but it just don't want to consolidate, even a bit.

I do exactly the same, the only difference is that my initial risk is 8% instead of 7% then I will exit earlier, certainly on a close below the EMA 50, just to compound the gains if any. I don't use leverage either.

Ah understood, Darvas said even less but at the time he didn't had the tools we have today. My problem with having less stocks is that in case of failure the loss is bigger as the position size is higher. I don't want to buy and hold for years just get the momentum and compound when I can. I...

Yes, 12 is the right count. You mean I'm not diversified enough ? When entering my trades I was also looking at that but I must admit without giving it too much weight, in all I have : 1 Insurance (HG), 1 Retail (BROS), 1 Finance (FUTU), 1 Transport (CMRE), 1 Business Services (APG), 1 Internet...

Those numbered in my previous posts plus GM