This is Session #2 of the 3-session IBD Meetup Outreach Program (Session #1 was held on Dec 3, 2008). This is an excellent opportunity to learn about the IBD publications, tools and classes that are available to implement and learn the CAN SLIM investment methodology directly from a representative of IBD.
Session 2: IBD’s Strategy for Investment Success
In this customized session, we’ll go beyond the brief overview of the CAN SLIM® Investment System in Session 1 and give your Meetup group a detailed look at how to use the same strategy that has outperformed the S&P 500 by a ratio of over 27 to 1 since 1998.* We’ll cover:
CAN SLIM Checklist: We’ll walk you through a step-by-step checklist for identifying stocks displaying the 7 traits top-performing stocks display before they make their biggest price moves.
- Use the checklist to review current market leaders and see where to find the data using IBD® and Investors.com.
- Learn to separate between acceptable weaknesses and fatal flaws while evaluating a stock.
Using Charts to Time Your Buys: We’ll also discuss how to use the three most common chart patterns to identify the optimal time to buy a stock. These are classic trading patterns your group can learn to recognize more easily as an IBD speaker traces current and past examples as they form.
- Learn to spot Cup-With-Handle, Double Bottom and Flat Base patterns, using current and
historical examples.
- Discuss easy-to-miss, but important flaws that will help you avoid weaker stocks, even though
their patterns may seem picture perfect.
Sell Rules to Protect Your Portfolio: Evaluating both overall market conditions and the health of your individual stocks, you’ll learn to spot key sell signals to lock in profits and keep any losses small.
- Learn how to use the “distribution day” count in The Big Picture to protect your profits and reduce your exposure BEFORE the market tumbles.
- See why cutting all losses at 7% and taking most profits at 20% can help you systematically
achieve solid returns – without having to get huge gains in any one stock.
*The American Association of Individual Investors (AAII - www.aaii.com) tracks 56 different investment methodologies on a monthly basis and CAN SLIM is the #2 performer over the past 11 years (Jan 98 - Dec 08) with an aggregate return of +1,351% while the S&P500 was down by 6.9% over the same period!!
© 2008 Investor’s Business Daily, Inc. Investor’s Business Daily, IBD and CAN SLIM and corresponding logos are registered trademarks owned by Data Analysis, Inc., an affiliate of Investor’s Business Daily.
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