Don't expect to find the answers in a book. You have to learn the ropes yourself, usually.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
How do you value invest in a stock and buy it ?
- Thread starter HedgefundTrader2
- Start date
Learn what you think is Good and leave the rest. When something good is given to people for free, they will bitch and moan and stomp their feet. If they pay for it they think its value able. If its free, lots of snotty remarks come by thankless idiots and vagrant unappreciative bastards.
The negative writer is a piss ant and not even a trader, its a female on rags or something. She doesnt understand the importance of Technical indicators and how they are used. The authors clearly uses them to get out if the stocks are about to fall or enter sensibly using MACD, STOCHASTICS, RSI and MOVING AVERAGES. Half my trading day is spent on looking at Charts and Technical indicators and dozens more.
The book tells you very simple things to look. If there is no growth in the company forget it. It projects the growth model based on available data and does a fine job. Every analyst does the same thing. You find that data all over the place.
"Little books that beats the maket" by Joel Greenblatt and "Dhando Investor " by Mohish Pabrai will give you beans.
Phil Town is a WARREN BUFFET investor make no mistake, and its seems bit more, his book contains dozens of references about him. He uses Warren Buffets philosophy on valuations, yet he holds back nothing from the reader. Very giving and unselfish man.
Quote from thrunner:
Long live Phil Town.
Yes LONG LIVE PHIL TOWN , you gave us what JOEL GREENBLATT failed to provide, and what MOHNISH PABRAI withheld in his book.
Thank you for the knowledge and wisdom shared.
You went a step ahead and showed the reader how to use Charts and Technical indicators ( which as a technical trader myself ) is very basic thing, yet its a powerful capital preservation tool .
What's worked for me over the years is the simple rule base=height for a basket of stocks.
I have my own criteria for fundamentals and from that I build a list of target stocks. IBD, Vecter Vest ,or whatever you prefer.
The stocks I choose have a narrow range like $21 to $26 for at least five years, and this year was selling @$28, $29 or $30.
This generally means that the fundamentals had somehow changed dramatically and the overhead resistance stock had been purchased.
These type patterns are generally triples, often times multi-baggers.
Out of 100 stocks in the long portfolio half go sideways, 20% go down.
Manage the trades with technical angles and stops.
I have my own criteria for fundamentals and from that I build a list of target stocks. IBD, Vecter Vest ,or whatever you prefer.
The stocks I choose have a narrow range like $21 to $26 for at least five years, and this year was selling @$28, $29 or $30.
This generally means that the fundamentals had somehow changed dramatically and the overhead resistance stock had been purchased.
These type patterns are generally triples, often times multi-baggers.
Out of 100 stocks in the long portfolio half go sideways, 20% go down.
Manage the trades with technical angles and stops.