More a comment / complement than a question
Question
Pat, i was a member a few years ago. I ve tried other services—Minervini, Dan Zanger, Gil Morales, etc.. I ve been trying to find the right strategy to fit my personality . I ve tried day , swing, and position trading. I was an Institutional Equity Salesman for 38 years. We were never able to trade ( holding periods ranged from 3 months to a year depending on the firm), hence the search. I have always felt that a few big positions in great co’s could outperform the markets by a wide amount. I used to call on Bill Miller at Legg Mason. He told me once that he thought he could make 50 to 100% a year if he didnt run a fund and would only buy 1 to 3 of his highest conviction stocks and manage them well. Your strategy fits my personality the best. It took me years to figure out —easy to identify bases in good co’s ( IBD type names) plus TQQQ ( assuming the same set-ups) —-that certain patterns fit my eye. By that i mean i understood why the pattern worked from a supply and demand POV. One of the difficulties i ve had with all the services is they all highlight so many names i could neverfocus on a few, then i would miss a lot of breakouts. Info overload. What i’ve come to realize is : simple flat base b/o’s , a b/o from a DTL ( down trend line) bouncing off of a key MA ( 10 or 20 ema), and higher low setups—–all make sense to me and are easy to see/ understand. These are the ones i got comfortable with by learning from all the services. You seem to embrace my 3 favorite set-ups AND with the right kind of stocks. And, your service has not changed at all since i subscribed last time. I still have. ahard time seperating the highest probability stocks on a routine basis, but i m getting better at it. I would like to complement you on your service and your teachings. Thank you. Kevin Marra
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