My track record in the last few months is now:
40 successful trades and 1 loss
In response to Albie's comment:
In terms of being a value investor, I don't consider myself one. I generally don't buy companies that would susceptible to value traps. I buy companies that are rapid growers, which happen to trade at reasonable valuations and have just been knocked down because of bad news of some kind. True Value Investors diversify widely and buy stocks trading for under book value (you could buy the whole company for less than it's liquidation value). These are generally broken companies that may have one last puff left in them. I only invest in companies that are growers that are going to come back quickly from a knock down. That's the way to avoid value traps. Of course, you have to evaluate the company and make sure the bad news doesn't permanently affect the fundamentals of the company. As Buffett says: "It's better to buy a wonderful company at a fair price than a fair company at a wonderful price". Take care. Stay posted for my next trade!
Thanks Bryan for sharing some of your tips with us, your awesome track record and some history of which stocks you've been in recently.
PS: For anyone just joining us here and who is new to stocks or new to this kind of investing, I highly recommend checking out this video by Warren Buffet. Its Very, Very Good!
You H-A-V-E To See THIS!!!(Part 1)
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