Jack started investing nearly 10 years ago. Although he has become a consistently profitable trader, that was not always the case. The ups and downs, wins and losses, good experiences and bad, have all bought him to the place he is today.
Jack’s journey started with buying stocks he saw being tipped in share magazines and online forums, which, in hindsight, is not a good place to receive investing ideas. Following many unsuccessful trades, Jack’s interest was sparked as to why he kept losing money. His competitive nature kept him up long into the nights as he started to study the stock market and different investing strategies.
At first Jack learnt about fundamental investing. He began understanding the importance of key metrics like increasing revenue and profits, and a solid balance sheet. He spent many hours studying the legends of fundamental investing, such as Warren Buffett and Benjamin Graham – author of ‘The Intelligent Investor’.
Jack began to buy companies displaying strong fundamentals. The results were hit and miss. Jack was frustrated why a company’s share price would decline after he had spent many hours doing careful research and the prospects for that company looked promising.
Jack understood the smart money accumulates the stocks with the best potential for growth and then distributes them at the highs to the public / retail traders. By studying the lessons from trading greats, and analysing 100,000’s of charts, he is able to identify accumulation and distributional characteristics, and where a stock is within its price cycle.
The question then became, when is the optimal time to buy?
The answer for when to buy optimal springs and breakouts is within Jack’s courses. It combines all the knowledge from the trading greats in conjunction with a deep understanding of optimal Japanese Candlestick patterns.
Jack seeks to identify the strongest stocks in the market under accumulation by the smart money. Following this, he watches for repeatable price patterns to form due to supply and demand balances, then purchase the stock at the most opportune moment in conjunction with a bullish Japanese Candlestick pattern.