The Complete Breakdown of Dan Zanger’s 144% Month (4-Hour Deep Dive) | TradeTM

Whereas your indices are only down 5 to 10%. And they

believe that such a large divergence between the Advance Decline Line and your indices was only seen in September 1929, when the Great Depression hit. A very similar market to what we've had over the last two years. And within this same market, it's only

focused on sectors that are continuously moving and has put in all its capital and stock watch lists toward them. Traders who are very short-term would have taken the stop loss to cost plus and today's stop loss would have been triggered. Correct? What

he is doing is going with an all-or-nothing approach. Most likely, if he hasn't been stopped out here, he hasn't raised this stop loss, even after such a big gain on day two. Position updates are what you can say. At this stage, he has the maximum allocation and the maximum number of positions at any point. This is a huge jump of 22%.

Last day, he was at 33,000. Today, he is at 56,000. That is

a huge jump. How many people are too fearful of the climactic action? Saying that

it is the institutions that are pushing the prices apart to unload their shares.

Therefore, one should not buy the stock during the climactic action. Right? See, how he is utilizing the climactic action to make money. Because he believes that when the stock will pause and collapse, he will take an exit there. He believes in this.

This is something I feel that is very amazing and very counter-intuitive compared to what we had learned till now. Model Portfolio Is Now Up 172% Since Inception on 22 As You Can See Holding Stocks Are Not Trading In and Out. Never

Thought How and What Technical Analysis Comes In. Trading Is What It Takes. I Opened the Session to All of You. Even What Nearly After Spending a Decade

Takes. I Opened the Session to All of You. Even What Nearly After Spending a Decade in Trading When I Actually Went Through My Journal Which Will Go Through Again Today Went Through My Trades. Even I was amazed and what I was literally singing in wonder for a long while, even questioning my beliefs to a very large extent that we all

under playing even in our wildest imaginations, beyond the time now think of it if Danger was in 2026 in the Indian markets, how would he be trading, okay, how would he take risk, how would he do position sizing, how would he have sold, how would he have allocated his capital to the top moving stocks and identified them.

So good morning and welcome back to TradeTM everyone. It is so good to see you all again together. So it is so good to have a full room on a Sunday morning and it is a very

again together. So it is so good to have a full room on a Sunday morning and it is a very auspicious day also today. So a Happy Mahashivratri to all of you. Okay? So I

will tell you why we started this session. Okay? Right now, what the topic for today's session is is how actually a dance anchor made up 144% in a month. Okay? So when we listen to any of these mythical stories, right? At least I and most of us never actually related to them. Okay? It was always like a different market, different trader, different story.

them. Okay? It was always like a different market, different trader, different story.

Ah, we always think that the one with 99 or 98 was a very crazy, euphoric kind of market. And it always used to end up being a story to us. So, which became

market. And it always used to end up being a story to us. So, which became like an inspiration. Okay? So, even when we read Mineral Vinnies Books, it was probably the first time we heard that someone had done such a super performance consistently. So even if he does 33,000% in five years, it

performance consistently. So even if he does 33,000% in five years, it sounds like a fable, right? It doesn't feel like something that we can achieve very tangibly. Okay? So that's where we actually started breaking down. Okay?

tangibly. Okay? So that's where we actually started breaking down. Okay?

So this is not about a storytelling session today. This is where we are actually breaking down their whole process. Okay? Now think of it if Dan Ranger was in 2026 in the Indian markets. How would he be trading? Okay? How would he take risk?

Indian markets. How would he be trading? Okay? How would he take risk?

How would he be position sizing? How would he have sold? How would he have allocated his capital to the top moving stocks and identified them? Okay? That's where I think we'll start focusing in a lot more today. Okay? And that's when we also start questioning how our trading beliefs are limiting us. And how

many of his techniques he's using. Some of it we can directly apply, some which we can apply with modifications, and some which I may directly discard in this case. Okay? So this is something which will be a very opening session to all of you. Even what, after spending a decade in trading, I

actually went through his journal, which will go through again today through his trades.

Even what I was amazed at, and what I was literally wondering for a long while.

Questioning my beliefs to a very large extent that we all under playing even in our wildest imaginations beyond the time. Okay? And what you will see today is not something which was ah very extraordinary to lead ah done. Okay?

Ah it was not something which we can't achieve. And it is definitely not something which can't be replicated in India's Indian markets today. Okay? So

take it exactly like how we go ah in trade™ always. We will go deeper. We will

go toward the process and then we will try to add up the process to our best abilities in terms of our risk appetite, lifestyle, and applications. Okay? So

what Chirag has also done is fantastic in terms of the whole breakdown. Okay? We

've taken out the whole psychological mindset of what exactly he was doing through situational awareness day to day, and we've actually prepared the whole trading journal of how we prepare it right now and how we go through our own feedback loops. Okay? So, keep it interactive. We'll be going through each and every day as it

loops. Okay? So, keep it interactive. We'll be going through each and every day as it goes on, and we'll be live simulating the whole month that we've actually created. Okay? Okay? Let Chirag turn it over to you.

created. Okay? Okay? Let Chirag turn it over to you.

Yes. So I feel like Anurag has given most of the brief, but I'll add one point.

Right. This journey of Anurag making 114% returns in four weeks doesn't complete in four weeks. It keeps going. It reaches 600% in six months.

So if someone thinks it's something like a loop, and something like that, then yes, he got some good trades. He made 114%. So, I'd like to add that we've covered him in the first part of this research . This will give you a complete picture. We read a lot

. This will give you a complete picture. We read a lot about Damien Anger, listen to his interviews, read his golden rules, do everything.

But how did his actual trading go? As of today, he's only taken 12 trades in a month. We'll cover just 12 trades on a day- by-day basis. But these 12 trades will give you a good idea of ​​his entire trading philosophy

by-day basis. But these 12 trades will give you a good idea of ​​his entire trading philosophy . Then, maybe someday, we'll do a second webinar where we

. Then, maybe someday, we'll do a second webinar where we 'll discuss how he achieved this 144% return, 600%, or 700%.

Maybe then, at a later stage, we'll also analyze what happened during the 2000 bull market, when the internet bubble burst, and he lost a major portion of his portfolio. So, we'll cover that as well as

what caused that loss. Right? So, you'll get a very good idea of ​​his overall process from 1998, 1999, and 2000. What were the things that worked in his trading? Can we change that? One point I'd like to add or tell you is that some of the things we do today are very

modern, like using very tight stop losses.

We use very sophisticated methods. Right? In some places, their methods were sophisticated for their time. Perhaps they seem less sophisticated in today's context . And maybe because we're looking at things from a hindsight bias.

Right? So, one important thing is we're not here to point out that we don't need to look at them critically. Right? Think from the perspective of what they were doing in their time. Right? So, we'll

look at things from that perspective. And what can we improve?

What can we improve on our methods, which have evolved and improved for today's times ? Where do we find ourselves restricted by our mental barriers? We'll improve that, and through that, we

? Where do we find ourselves restricted by our mental barriers? We'll improve that, and through that, we 'll understand that if you actually want to change your life in trading, you need to improve.

Especially for any trader here trading with a small portfolio. Anything

below 5 million. Right? Anyone here trading with a small portfolio. Today's

session is for you. You're going to learn how to grow your capital in any way in the markets. Second, there's a very big myth that the 1999 market was such that

markets. Second, there's a very big myth that the 1999 market was such that you could just throw money at it. I'll actually show you that the 1999 market was nothing that would seem different to you from the 2000 market or the 2020 market. It seemed different from the 2021 market . It seemed different from the 2032 market. It seemed different from the 2017 market. So

. It seemed different from the 2032 market. It seemed different from the 2017 market. So

if you think that if you were there in 1999, you would be rich, today is the day to break that myth. Because I promise you that the way you trade now, Even if I put you in the 1999 market, you won't be able to generate returns. It's not about the market being limiting. That's another big

myth we'll break today. So, we'll start with a problem statement, right?

What are the things that limit us in general? What are the solutions? You've

heard me repeat the solution many times. But what is that solution?

We'll repeat it again because I want the solution to become firmly ingrained in your mind today: this is the real solution through which you can fix your trading. The second point we'll address is how our solution applies to the entire process of trading within that framework . We'll understand this and, in fact,

that framework . We'll understand this and, in fact, we'll go back to the 1999 charts again and again, day by day, to see their progress . Right? So, let's start. Okay? Secondly, I'll add that we're

. Right? So, let's start. Okay? Secondly, I'll add that we're going to use two or three resources here. One, our entire strategic framework. You

strategic framework. You can treat it like a trading plan, like Dan Anger's entire trading plan.

I'll also upload all his day-by-day charts and other such files for you inside the TradeTM app. And the journal I've created. Right

? This is where I've included my analysis summary, his charts, and so on.

You'll find all the files I'm using inside the TTM app today. Right?

So, let's start with the strategic framework. We'll start

with a basic problem statement: why traders generally fail to outperform the market . Right? I'll take just 10 minutes because I

. Right? I'll take just 10 minutes because I don't want to drag you on for too long. Because that may start feeling a bit off, meaning you might not like waiting. So, just a brief overview of what actually causes problems in trading ? Trading is a business of decision-making

? Trading is a business of decision-making . Generally, we

. Generally, we fail to outperform in our decisions because we often make emotional or isolated decisions. We understand the first-order effects of decisions, but we don't understand the second-order and third-order effects. For example, many people start

with a small size, thinking they'll take a profit, and then whatever is left has no impact. They don't realize that they should take profits now. Minervani

has said that you should never let a good gain turn into a loss. Therefore, you

should take profits. If a stock goes up 10%, you'll keep taking profits and earn 5%, so over a batch of trades, you'll be profitable. This kind of common sense leads them to take profits . They won't consider whether they have the right amount of sufficient left. And ultimately,

. They won't consider whether they have the right amount of sufficient left. And ultimately,

whatever's left doesn't have any impact on their lives. Most decisions

are driven by emotion. Emotions like the fear that so much profit might be lost. The fear, or bias for the right stock, comes in at a later stage when the market is exhausting itself. This is why you react to isolated trades. Money increases. Prices rise, so you fear losing profits. You exit quickly and then

losing profits. You exit quickly and then think about what to do later. You think this, and then if the price falls, you fear loss. You make impulse decisions. So, basically,

the market is a massive bargaining machine. It goes up and creates fear in your mind : what if you take this profit? It constantly bargains with you by showing higher profits and then threatening you to take back everything it has given you. Right?

So this game of threat and greet is very difficult to master for those who handle trades emotionally, from the perspective of what you can do. They focus on isolated trades. They

don't see things from the perspective of a batch of trades. And

a major reason behind this kind of problem is one-dimensional knowledge. For example, if you go and say, "I 'll pick up Danger's Rules," right? Or any book material you read, the rules and everything described in them are presented as absolute truths. Because of general generic rules, your outcomes are limited. So the

best reference I can give you for this is when you read Nicolas Darvas.

There's so much disregard for these rules that he would tear out the page from the paper that contained the stock prices and throw the remaining paper in the trash because he didn't like other people's opinions. Another point was that he

challenged many Wall Street myths throughout his journey . Like, "You can never go broke taking a profit." These are the kinds of points you've made.

. Like, "You can never go broke taking a profit." These are the kinds of points you've made.

He said, "Why do you need to take a profit in a rising stock ? Right? Never let a good-sized gain turn into a loss. Always sell into

? Right? Never let a good-sized gain turn into a loss. Always sell into strength." These are the kind of generic rules you hear. These are all isolated rules

strength." These are the kind of generic rules you hear. These are all isolated rules presented to you. They're told that this is what you should do. This is

the way to do it. This is how you'll make money. All of these can be one way of doing things. There are

multiple ways, and ultimately, it's crucial to align things with where you want to be. There's the illusion of edges. And

all your backtesting and other things play a big role in this illusion of edges. People

believe that selling into strengths is better, or selling into weaknesses is better.

Right? Another big trap is finding what suits you. Right

? What suits you leads to what feels comfortable to you?

What makes you mentally comfortable? So, today, when we delve into the entire process flow of Jungler and understand his strategic process, we'll see that it's not about your comfort. It's about where you want to reach and whatever it takes to get there. Right

comfort. It's about where you want to reach and whatever it takes to get there. Right

? It's more about this, and what happens because of this is that you lose your focus on the long-term outcome and start prioritizing your comfort. To validate this, you'll figure out what Minervini said in an isolated way. Without context, what

knowledge did he impart? Which book do you refer to? Which video

did he impart? All these problems cause constant confusion. There's a lot of confusion. And

constant confusion. There's a lot of confusion. And

because of this, many people ask questions like, "Is this method wrong?

Is that method wrong?" Regret arises. The regret arises from selling too early. The stock multiplies, and you say, "I bought this stock. I

sold it so quickly. The stock went so high." And if you held on longer and the stop loss was hit, you still regret that if I had sold, I would have made so much profit. And you think it can be mastered. No amount of deep learning, no amount of backtesting is going to help you master this. Right? And frustration arises

when you spend years trading and you're getting nowhere. It's

like walking a trade mile, where you're walking but you're not actually reaching the destination. So, when you're in this situation, you develop a lot of frustration about trading because nothing is working for you. You're actually getting nowhere, and you 're stuck in this consistent loop. So, what's the solution? The solution to this is

what I believe is the most important part of trading. The most important aspect is strategic thinking. Most of the knowledge surrounding trading is generic knowledge. Like the 10 Golden Rules, the 12 Golden Rules of Dance, and so on. Right? This tells you that your knowledge is the absolute truth. He presents things this way. He

doesn't present things in a way that tells you what the right decision would be based on your current stage in life, the amount of cash you have, and where you want to be . Right? So, your long-term process orientation is yours. We

. Right? So, your long-term process orientation is yours. We

will solve this problem through strategic thinking. When you

study first-level knowledge, you become familiar with trading. This is beginner-level knowledge. The

second aspect is tactical knowledge. Tactical knowledge is like many people you may have read. When you're new, practice risk management. Trade with small lot sizes.

Right? Now, if you're going to spend a lot of time learning risk management, right? Which is a mathematical problem to solve. I told you, you

right? Which is a mathematical problem to solve. I told you, you should understand risk management in 2 minutes. If you are spending years for that I'm like, "Yes, until I learn risk management, I won't take size." Risk

management is a tactical problem. It's not a problem that requires a lot of practice to understand. Risk

management isn't a craft. What happens in that case is that you trade small for many years simply because you keep feeling unprepared. Interestingly, if you look at the entire process of Kula Maggi, you'll see that you never waited for the perfect moment to start. Right? And there won't be a day when you'll wake up and feel like, "

start. Right? And there won't be a day when you'll wake up and feel like, " Now I'm prepared. Now I'm trained like Kula Maggi. Now I

should take risks." Right? That day isn't going to come in the market. So,

we need to sort out the tactical aspects as quickly as we can . But the key thing that helps you reach your goal is you don't need it. You shouldn't require

. But the key thing that helps you reach your goal is you don't need it. You shouldn't require anything in life. If you wait for luck to play its part, thinking that the market will shower you with money someday, right? I'd

tell you that day will never come. It's about taking control of your life.

Taking control of the process to reach your goal.

How do we do that? We'll do it through strategic thinking. What

is strategic? When you think from a perspective that every step you take is a small step toward a long-term goal. Right?

Look at it from that perspective and let go of everything. Let go of every trade-off that doesn't actually get you to your desired goal. In long-term process orientation, you treat all your decisions as part of a long-term strategy. You'll discuss the long-term strategy part. You set

strategy. You'll discuss the long-term strategy part. You set

a North Star metric: "Yes, this is my North Star metric. I

want to go from here to here right now." If you were to meet a student, they told me their portfolio size was 1.2 million, but they were trading with very small lots. 6%

or something. So, even if they wanted to, they wouldn't be able to get anywhere in life. Even if luck were to shine on them, even if I could take them to the markets of 1995 to 2000, they still wouldn't be able to reach anywhere because of the way they are trading at this stage. Right? So, luck, call it luck, call it randomness, or chance,

will only work when you're prepared. If you're not prepared, you 're not going to get anywhere. So, what do we have to do? We have

to set a North Star metric: "We want to get here in life." If you want, you can set it in an objective way that yes, I have this much money. I need to increase it this many times. When

your size is small, you can take higher risk and you can, you need to be able to reach a higher basis. In that case, even a little gain can have a big impact on your life . So, first of all, set an objective. After that,

. So, first of all, set an objective. After that,

align all your processes with it from A to Z so that that process can take you to that objective. Process Flow: When we plan, we will start with a vision and objective vision. If you are earning Rs. 12 lakh, then I will tell you to target for Rs. 50 lakh

objective vision. If you are earning Rs. 12 lakh, then I will tell you to target for Rs. 50 lakh

in 2027 because you have a very small portfolio. Try to take a lot of risk. Try to take a higher risk, right? And attempt to reach Rs 50 lakh in two

risk. Try to take a higher risk, right? And attempt to reach Rs 50 lakh in two years maximum, right, so that after that, when you come to a bull market again, you will be able to convert it into Rs 1 crore or 1.5 crore. This way you can grow it. If you

are thinking in very small time perspective that I have made 50%, I have earned Rs 10 here, Rs 5000 there, Rs 500 there, I promise you that there will never be a real change in your life. So when we are planning, we will plan from the perspective of vision. Vision leading to a process. First

we will decide the vision. Then we will decide the process. Everything that you take within the process, you take risk on portfolio. You take trade management. There is no perfect answer to these which you will ever get on the chart. Which is a right way to handle things. You'll never be able to figure out whether you'd

things. You'll never be able to figure out whether you'd perform better using a 20-period average, or whether you'd perform better using a 50-period average. Right? It's not about that. It's about the goal you want to reach. Right? Then you'll align your processes and keep them in sync with your vision.

Every decision you make should be guided by your vision.

Unless your vision is guided by it, it doesn't make sense to take any action steps. When we do execution, the decisions you make will execute your process, and the process will execute your vision. This way,

you will be able to reach that vision and create a lasting impact in your life. Don't. Life is a very precious thing, and don't waste it on things that don't create any impact in your life and that don't yield any results. Right?

Trading is a game of letting go. Right? But the interesting part is that we don't want to let go and we don't know what to let go. These are the two parts of this problem.

Right? Every decision has some expected outcome and some associated risk.

And decisions are made based on probability, based on where we want to go. Right? Every

decision has three parts. But what we don't want is the associated risk. So, why don't we understand second-order things?

risk. So, why don't we understand second-order things?

Because we don't understand the risk associated with our decisions . And that's why we reach nowhere in trading. Right? So, the most important superpower

. And that's why we reach nowhere in trading. Right? So, the most important superpower in trading isn't in the charts, it's not in the rules that you get, it's not in anything else, it's not in the next book that you'll read, it's not in the video that you're going to learn, it's not even in this webinar. Right, it's about what you're

willing to let go. If you know anything that doesn't lead you to the desired outcome, anything that isn't leading you to your desired outcome isn't contributing to it. You have to let it go. The moment you start eliminating

things. Whatever isn't getting you to your desired outcome, then things

things. Whatever isn't getting you to your desired outcome, then things will become a lot simpler. Confusion will disappear. And you will be able to reach your desired outcome. And through that, you will be able to make a change in your life.

Letting go, I feel, is the most important aspect in trading. Right? Whenever you make a decision, always use second- and third-order thinking. Don't just make first-order decisions . Always consider the long-term impact of your decision

. Always consider the long-term impact of your decision . Right now, you're losing a $5,000 profit, a $10,000 profit, or a $20,000 profit

. Right now, you're losing a $5,000 profit, a $10,000 profit, or a $20,000 profit on something. Right? You will consider that this is bad. Right? But will that

on something. Right? You will consider that this is bad. Right? But will that profit have a long-term impact on your life? So, the best example I'll give is this: I was watching ET Now one day, and it was during the IPO frenzy of 2020, and it was Diwali time. The ET Now anchor

went to a fund manager's house, and the fund manager shared a very interesting point. He said

that investors are very happy if their IPO sells. But

consider this: even if their ₹15,000 investment sells and opens at 100%, what impact does it have on their lives? Even if you go shopping for a day during Diwali, it won't be enough. And he was right. The decisions we make, we become happy over things that don't actually have any impact on our lives. The most important thing is

how to handle things in a way that can have a significant impact on our lives in the long run. That is the most important aspect we need to focus on. So consider the long-term impact of the decisions you're making. Look at each trade,

on. So consider the long-term impact of the decisions you're making. Look at each trade, each decision within each trade, as part of a system, not as an isolated trade. If you're losing some profit because you're trailing it, it's an enabler. If it's

in sync with your process flow, or in sync with your process flow vision, or part of getting you to your vision, there's a cost that you're paying at this point, right? So, don't look at things as isolated events. Because if you apply strategic thinking, align each decision with your vision, and

you align your process flow with your process vision, and you make decisions from that perspective.

Confusion will decrease, regret will diminish, decisions will become simpler, execution will be faster, and you will reach a level of despair, which is the valley of despair in our Dunning-Kruger effect, where you are struggling and drowning. From there, you

and drowning. From there, you will be able to move forward towards the slope of enlightenment. So, this is how we are going to see the entire process of Dunning-Kruger from the perspective of strategic thinking.

What tradeoffs were made? What tradeoffs were accepted, and how did letting go enable them at various points? What were the exact drivers that led to returns, where they maximized, and what were the obstacles? There are some points where some of their analysis or biases

obstacles? There are some points where some of their analysis or biases backfired. We'll also understand those biases and how we

backfired. We'll also understand those biases and how we can improve them. We can be more efficient at certain points.

We'll look at all these things. So, we're looking at our shortcomings and seeing what we can learn from this process. And at that point, we're also looking at how we can better execute the process laws we're applying today . Right? So, let's start, right?

. Right? So, let's start, right?

From here, we'll go through this process day by day, each day, every day. So, let

me give you a brief overview of Duns Anger's structure . Tucker's basic structure is that he

. Tucker's basic structure is that he releases a newsletter every weekend, discussing his selected stocks. If,

in his total 20-day trading period, he has 10 to 12 trading days when he actually makes trading decisions, you'll find most of those days on Mondays. Because he's

busy over the weekend, he'll buy, sell , and make changes. He does all of these things on Mondays. Although he actively monitors the market throughout the week, what you'll see primarily through his newsletters is, "Yes, I'm looking at these stocks. I'm looking at them for these reasons, and

I'll make changes to my portfolio in this way." When we talk about returns, he started a model portfolio. He started this model portfolio on February 27, 1999. This model portfolio was a $100,000 margin account, and he

was going to get 2x margin (2x leverage). Right? So, he had a total of $100,000 to invest, and based on that, he would have liquidated his entire portfolio by the end of the run. His run ends because the market turned bad. And

run. His run ends because the market turned bad. And

on March 24, he would have liquidated his entire portfolio. This total

journey of 202 days is our core focus area today. We

will cover the journey beyond that in a future video. Right? We will cover it in a future webinar. So, today,

as we go deeper, we will look at which stocks he is watching every weekend. I will show you on the charts why he is watching. We'll look at these things and once we've covered the entire journey, 20 or 22 days of the total 24 days, then we'll go to the summary where I'll give you a brief overview of my notes and my thinking about how I'm looking at things.

Okay? So let's start. We'll

start from the 21st of February 1999. This is Sunday. Okay? It's Sunday

. He releases his newsletter here. Before, before the model portfolio, he'll start from the 2nd. And their current perspective on the market is that they say they're looking at the NSD, the Dow Jones, and applying a heavy-handed approach to situational awareness, which, to some extent, backfires on them later. Let's look

at this: when they're looking at indices, they're looking to see if the descending trendline controls the overall trend. If there's a breakout, the price will be able to move upward again. Now, many of you think that the 1999 period was one of the most linear periods. So, I

'd like to show you the 1999 market once.

This is your 1999, isn't it? This is your biggest upmove here, in the middle of 1999. The massive upmove you got is this correction where the dagger is right here, this is the date of 2nd, this exact date, I will also make a marking here

and their entire run ends on this day, 23-24 March, so I will mark this also, right from here, starting from this day till this day, this is the run in which they made 114% returns, this entire market as you can see is a kind of choppy fuzz which continues for some time after the first leg of the run.

Then you have some more choppy fuzzes. And then you got the second run in this situation.

Okay? Before that, 97 was your 98 market, where you 're seeing some sharp corrections. Right? If you go back to the 97 market, this is also a sharp correctional fuzz. Then came a run. Then a very sharp correctional fuzz. Then came another run. Then

this is a third very sharp correctional fuzz. If I look here, you 've corrected since 2000. 1/3 of yours is gone. You see a 33% drop in the NASDC. And then

you get this run. Okay? So here, if we come to the NASDC, he's looking for this descending trend line that controls the entire trend. And here, they're seeing volume drying up,

entire trend. And here, they're seeing volume drying up, and they're finding support at 50, that's the point. I'd say, in some places, the moving averages we're using are the EMS and maybe the SMA.

You'll notice a difference in this in many places. He believes that if this line breaks, it will start a new uptrend.

What he's talking about here is his situational awareness. First, let me explain everything to you through his process law in his own words. And later, what I'll do is share that in his summary. I'll tell you all the things he used and what impact each factor has. We

'll cover this later in the second half of this webinar. He's saying that market action is driven by many prior leading stocks. His primary focus is that he focuses heavily on leaders, the market's leading themes, and how the stocks within these leading themes are behaving. He

takes that as an indicator of market activity. During that time, it was as if there was a correction in the market. Many of

your leading stocks, like Amazon and AOL, were in their basing phases, believing that they were following descending trend lines. Don Anger

is very used to using descending trend lines to see the symmetry of the base. So,

he would say that he was moving toward these descending trend lines to break them, pumping toward them on expanding volume. So, our

chances are that if the leaders break up, the market will also break out at this stage.

There, he says, remember, the leaders lead. So, if we can get through these lines with power and follow through, there could be a good chance that the market will turn and rally again. So, he was becoming bullish at this stage. And the reason why he is becoming

again. So, he was becoming bullish at this stage. And the reason why he is becoming bullish is the first reason that he is saying that your market leaders are setting up well for you. Their bases are complete: the market is made up of stocks. So, if there's a breakout, you'll get a good run in that case.

Then there's another aspect of theirs: their advanced decline line. They focus a lot on the advanced decline line. If

line. They focus a lot on the advanced decline line. If

you find things a bit texty in some places in this presentation, that's okay. This

entire deck of 300 slides, I'm going to share it. You can use it as a book, right? And you'll

it. You can use it as a book, right? And you'll

be able to access it yourself within the Trade™ app. Then you can read it. Don't focus on reading right now.

Just focus on what we're discussing.

So, he's saying that the advanced decline line has been so deeply bitten down over the past few weeks. This is your NYSC advanced decline line . Okay? And this is on the weekly. So, on the weekly, you see a low

. Okay? And this is on the weekly. So, on the weekly, you see a low forming here. Right? And this is the second low forming here. So, they

forming here. Right? And this is the second low forming here. So, they

're saying it's been so beaten down that you 're seeing levels you haven't seen since September. This is your September period, and these levels were last seen. This has always presented us with a deeply oversold market. This is a deeply oversold market, and therefore, it's an

oversold market. This is a deeply oversold market, and therefore, it's an excellent buying opportunity based on the history of this oscillator. Here, we

can expect a reversal, a bounce.

But they also offer a warning that their last concern will play a significant role. They say that the advance decline line is 90% gone. You won't even find the same ticks or symbols right now.

90% gone. You won't even find the same ticks or symbols right now.

There are only a few companies left that still exist today.

So, let's go to these charts. Let's see exactly those charts there.

How were they? Let's look at this. So, this is a stock called MIDI, right?

Here, you see that when I first read Dan Enger, we understand his three basic core principles: on the basis of why he is selecting a stock price. So, when you look at Dan Enger's entire performance, I identified

three core elements behind his performance. The first is identifying the right opportunity. The second

point is his planning and execution.

The process of planning and execution and trade management. These three things are the major enablers that have helped him reach where he wants to be.

We will cover two parts in opportunity identification. The first is what to buy, i.e., the right stock, and the second is when to buy.

What should your setups and entries be? We're studying both of these things here . So, when we go through this entire mind map, you can consider it

. So, when we go through this entire mind map, you can consider it like a playbook for Dan Anger, explaining his reasons for taking trades and what he's looking for. Okay? So, let's start with What to Buy. When I read his entire process, I noticed

that he asks himself another question: "Will this stock double in six months?" You

'll find continuous references to this in his work, where he repeatedly points out: "Can this stock double from this point?" And for this, he focuses on three things. The first point is why an institution would like to buy a stock. The reason for action is value.

a stock. The reason for action is value.

What could be the reason for value or institutional interest in a stock? Why would they want to buy that stock? That

is the first point that we focus on. The second point is under-owned. If

an institution wants to buy, or if it's a stock with institutional interest, it should be under-owned by institutions. Their ownership shouldn't be very high. If their

ownership is high, there's no reason to buy. This

will later translate into supply. That's why institutions want stocks that are under-owned by institutions.

The third factor that enables large moves is low float. If you

have a stock that has value, right? It has future value, and growth is possible.

If it's under-owned, and institutional demand ownership isn't high, institutions will want to buy it because they see value and the stock has low float. So, when institutions enter the stock, it will generate explosive moves. This is the exact combination we

see in IPOs as well. And this is what you'll notice with all the good traders you hire, all the good ones who have made a lot of money. If you

read Candli, the core idea is the same. If you read Mark Minervini, much of the core idea of ​​stock selection is the same. You need a stock where institutions will be interested. You want it to be an undervalued stock and have a low float. If you look at the case of HEG, if I

float. If you look at the case of HEG, if I take an example from the Indian market in 2017, HEG's average turnover was around 2 million, or 1.5 million, or 2 million before the launch. Then,

the pollution crackdown in China, and as a result, prices for graphite electrodes start rising everywhere. So, companies with existing capacity face severe shortages of their materials. It

becomes a very insane fact that the price is about to increase, so it becomes a point of institutional interest. The stock was quite illiquid and people weren't very interested. So, you can see that there was under-ownership. Not many

institutions were interested. It was a kind of cyclical stock, and at that time, the liquidity wasn't that high. It was also a low-flow stock. So,

when these three things combine, a stock that was worth ₹200 goes to ₹5,000. From 200

to 5,000, it has a journey. So this is the core philosophy that you 'll find in every momentum trader's work. The core idea is value combined with under-ownership combined with low flow. This is the core idea of ​​every system like Castle, or any of its systems.

This is what causes your runs to be large in the market.

Right? Now, one common thing you'll notice when you read Zenger is that you It turns out he focuses a lot on leading themes. His approach

is largely focused on leading themes. In terms of leading themes, he first looks at the current market trends. At that time, it's obviously the internet, right?

market trends. At that time, it's obviously the internet, right?

Currently, it's AI. Some time ago, it was blockchain. Before that, I think it was probably 3D printing. Right? Who are your leaders? Then, he'll look at your sector leaders, that is, who are the leaders of that theme. And in many places, you'll see this philosophy: if a sector leader is experiencing a breakdown or a breakout, it

also impacts other stocks in the same sector. He's also looking at this, trying to find correlations. And the first letting go of Junger's entire trading is that he's only looking at the top one or two sectors of the market. He

could mention many other sectors. This is happening in oil and gas, that is happening. But if you look at all his trades, or all his stocks, they

is happening. But if you look at all his trades, or all his stocks, they are overwhelmingly in new-age companies. There's the internet. To some extent, you could say it will also move into biotechnology. But most of what he's looking at is concentrated within the top one or two sectors of the market. He isn't looking for any middle-class sectors that aren't currently experiencing liquidity. His

priority is to look for strong sector stocks will be preferred over better setups elsewhere. If you're taking a setup-first approach, I'd say

elsewhere. If you're taking a setup-first approach, I'd say start with the team and then look at the stock and setups. Don't just

look at the setup first, find the VCP, then go ahead and try to reverse engineer it . I'd like to give you a reference

. I'd like to give you a reference : I've compiled a list of all the stocks he's discussed here . And

these are the exact themes that he's basically looking for. These are the themes he's looking at.

If you look at most of them, you'll find retail, online trading, e-commerce, internet gatekeeper sorts of things, broadband, streaming media, etc., which means they're essentially an incubator, a holding company for a lot of startups. Right? For one, if you look at them, most of the companies are

very strongly internet-related, semiconductor-related, biotech- related, medical devices-related, driven by a particular technology . They're focused on those stocks. That's the first key lesson: focus on

. They're focused on those stocks. That's the first key lesson: focus on what's rising in the market, right now. Don't look for things that aren't working or are dead. Instead, look for things that have actual process flow or actual liquidity flow at this point. Right?

After that, they'll focus largely on subsector analysis, tracking each subsector separately. The internet is just a single layer. Within the internet, there are many things. You can see there are picks and shovels, which are your infrastructure. These companies form the physical backbone of your internet. They'll focus on the

portals, which are the primary entry points for users. They'll track them separately. Enablers, which

users. They'll track them separately. Enablers, which

are your software service companies, will look at domains, etc. And the retailers that operate on the internet, including companies like Amazon that sell goods directly to your customers, will focus on them. They'll also look at which subsectors are receiving liquidity, or where liquidity is flowing out and potentially entering other sectors. If one of your subsectors

is doing poorly, they'll be able to see what's happening. For example, in one of the intermediate phases, they noticed that your Microsoft or Compact—I think it was probably Compact itself. Compact and Microsoft were doing poorly. So they said that money was flowing out of the computer subsector . But they weren't thinking that this meant the market would top

. But they weren't thinking that this meant the market would top or become bearish. They believed that the money flowing out of that subsector would be invested in other subsectors. That's another important point we 're looking at here. We're looking at this here. The third thing we'll look at next are some of their additional indicators. For example, they use themes a lot

in the perspective that their leaders and leading themes tell you about the general market direction. They

're looking at banking and finance stocks as an indicator of the general market health.

If banks are performing well, they believe everything is normal in this market.

They're looking at new IPOs based on liquidity. Meaning, liquidity

is flowing into them, and generally, they're looking for high sectoral strength. That means,

they want to see relative strength of 99% when looking at a sector in this case. Okay? The second prioritization is

this case. Okay? The second prioritization is about value. We discussed the theme. If you

about value. We discussed the theme. If you

look at the second prioritization, I'll just give you a brief overview here before getting into the details day by day so you can understand their reasons for selecting stocks in general . The second factor is earnings and growth. They're looking for sales and earnings growth of 100 to 400%

. The second factor is earnings and growth. They're looking for sales and earnings growth of 100 to 400% in stocks. Because many of these

in stocks. Because many of these stocks are new-age companies, and they have very high potential for growth. If the company is unprofitable, they'll look for explosive revenue growth

for growth. If the company is unprofitable, they'll look for explosive revenue growth . I've compiled a list of some stocks where

. I've compiled a list of some stocks where you'll find references to earnings. Most of them have triple-digit earnings. These are the stocks he's

triple-digit earnings. These are the stocks he's interested in. And these are the earnings he's looking for in most cases. This

interested in. And these are the earnings he's looking for in most cases. This

kind of 149, 64, 41,000%, meaning that due to the low base effect, he's looking for crazy earnings growth. In this case, where there's an unprofitable business, he wants to look for explosive revenue growth and future earnings potential to see what can enable it. For example,

he had a stock called D. In this case, his belief was that the management had said that there would be 2x revenue growth every six months, meaning that within a year, you could achieve 4x revenue growth in your company . Another company was At Home. Their belief was that if they merged with another company called Excite, their turnover and profits would be added to Excite's profits, so

it would show a large jump. They also wanted to look at some motives and catalysts. For example, a company has a partnership with IBM or holds multiple portals.

So, what you might call an unfair advantage or a moat is at that point, or someone has exclusive rights that are expiring. They should focus on all these things that could have kept their earnings high or could lead to a collapse in the current situation. One key factor that we have discussed a lot during our sessions is the low base effect in earnings. That is, if you look at the earnings of most companies,

they have no earnings. Unprofitable companies

are becoming profitable. So because it's becoming profitable now, what happens is that you start seeing insane amounts of growth. Look, 400 x it's 0.15, or your EPS. 883% growth to reach a 59 cent kind of thing. Right?

your EPS. 883% growth to reach a 59 cent kind of thing. Right?

You have this kind of earnings growth in many places. In many places, you'll see this kind of 13-30 cent growth in many places. Which is looking for Yahoo.

Look, there's 999% earnings growth, which will reach 11 cents.

So, their focus area is mostly on companies that are growing very fast and can see a very insane percentage increase, which can make them an institutional focus area. But they have a low base effect in their earnings, which is why

focus area. But they have a low base effect in their earnings, which is why your growth percentage appears very high to you. And the

potential remains in that case. Okay? The third factor we're going to discuss is stocks and characteristics. Dan Anger's basic preference for stocks and characteristics is that he wants to see explosive price behavior.

What kind of explosive price behavior does he want to see? Let me

give you a rough idea. We'll go to some of your trades, right?

In that list, we'll see the ATR value that's before the price. I

'd like to show you the PK ATR, the PK ATR between expansion and consolidation . If you look at the first chart here on the right, this is your TW axis

. If you look at the first chart here on the right, this is your TW axis . But this was actually a company called America Online, but its

. But this was actually a company called America Online, but its symbol later changed. It has an ATR of six on a 10-day basis. The 10-day ATR is six times the peak ATR, which is the prior upmove plus consolidation. Because the prior upmove will be your future return.

We can assume this. Let me take you back a little. Let

It's back. I think I'm around March 24th. So that seems good.

Look at Amazon. If you look at Amazon's PKT, it's 20. Right, STCN. If I

were to look at the PKT here, I can see it's 20. Again, it's an ATR of 20.

Look at their decl. Again, although they're not looking at ATR, they 're looking at explosive price behavior. I

want to show you in ATR terms, exactly what kind of stocks they're looking for at this stage.

An ATR of 7.76. Look at CNET here, your PKT ATR is 9.95. Look at VSA. This was a bit of a dead stock that they bought

is 9.95. Look at VSA. This was a bit of a dead stock that they bought . But I think it has a 4.72 kind of ATR. EX was one of the biggest

. But I think it has a 4.72 kind of ATR. EX was one of the biggest winners for him. It has an ATR of 12. AMT

was this brokerage company. Its PKT ATR is 8. This other company in ATHA, look at its PK ATR of 14. And C, that is, its ATR for its last trade, is 11. In most cases, if we take the 10-day ATR average

is 11. In most cases, if we take the 10-day ATR average and see, we can see that when the stock is exploding, it has an ATR of roughly double digits. If it is looking for it, it is not exactly looking for ATRs, but it is looking for the nature of the upmove. If you look at the nature of the upmove,

which you can see visually, you don't need to look at ATR, but you will see that all of those moves are extremely explosive in nature. Right? Their focus area is on low float. They

nature. Right? Their focus area is on low float. They

are focusing too much on low float, which is also causing their ATR to increase. As we

discussed above, they don't like slow-moving stocks very much.

They don't seem to like very large companies. But it's not the case that they'll sell a stock if it has a slightly high float. For example, Nokia, Yahoo, and Amazon are all comparatively high-float companies. They're not extremely low-float companies. If we calculate the float at that time, you'll see that

low-float companies. If we calculate the float at that time, you'll see that they sold AL primarily because of their high float. If we

look at Amazon or Nokia, it's 500 million. However, their average float, wherever they mention float, is 16 million, 43 million, 15, 22, 1.4 million, 25 million.

They're generally looking at floats like this. However, some companies have high floats . But that doesn't mean they'll outright reject them. In most

. But that doesn't mean they'll outright reject them. In most

cases, they prefer low-float stocks. The next thing is stock splits.

This is a very interesting case where they say, "I like to trade around splits ." Generally, I think this is a bit of an inefficiency in the current market or in

." Generally, I think this is a bit of an inefficiency in the current market or in people's perception that if a split happens, the price will double. Internet stocks may have seen a similar run, but due to splits, a behavior

will double. Internet stocks may have seen a similar run, but due to splits, a behavior is observed: whenever a split is announced or a stock is about to split, the stock's price sees a sharp increase. Sometimes

they present it as an investment piece.

This may not play out in today's market. But at that time, people like to trade around splits, and they can generally do this in two ways. If you have a split announcement coming in the future, for example, in April , the stock will start rising on the announcement itself. Or, when the split actually happens, they will buy before the split

and sell after the split. So, this is their quote. They want to believe that there is nothing more enjoyable than a stock split in a hot stock in a hot group. At that time, this is what they're looking for. The next factor: I 'll give you a rough overview of some setups. And then we'll continue to go on,

you can see on a day-by-day basis. Right? Generally, if you look at it, he focuses a lot on base formation. We

look at it from a participation discounting perspective, not jumping into a stock that is rising very first, but he waits for a consolidation. Roughly, his preference is that he generally likes to see consolidations of six to eight weeks. And if his consolidation is very small, then the base is immature. This is his belief. He wants to see consolidations that are large

is immature. This is his belief. He wants to see consolidations that are large , not very large, six to eight weeks. That is, that is something he is looking for. But he also mentions that internet stocks can break out earlier because

for. But he also mentions that internet stocks can break out earlier because there is a lot of this position. So the flag trend will come into play. And he says that stock needs more time to waste, but internet stocks tend to leave early and too early.

Good. I'll adjust based on the situation. I'll adjust based on the nature of the stock, whether I want more bases to form, but if it doesn't form bases, because it's an internet stock, I'm very much willing to buy the stock.

You'll see a lot of technical patterns in many places, like the CNH double bottom, base-on-base, and I'm somewhat focused on all of these things. And here

's a very interesting case: many of you are very afraid of overhead supply. But if you look at a lot of Dus Anger's work, he's very much focused on those stocks, even on those stocks that have very deep corrections. Amazon has a 55% correction.

UBIT has a 59% correction. These are all the stocks he's observing. And these

are the stocks with excessive corrections. Despite that, he's willing to buy those stocks. Right? In most cases, he's using trend lines a lot.

stocks. Right? In most cases, he's using trend lines a lot.

Trend lines: Diagonal trend lines are very commonly used. Horizontal ones

can also be used. However, diagonal ones are used more often for downward trend lines. They

use them to assess the symmetry of your base. Generally, when a trend line breaks, they consider it a sign of maturity in the base and use it as an entry signal. They want to enter there. All their entries are made at trend line breaks. But these trend lines are very arbitrarily drawn. I often couldn't understand how they

drew these trend lines. In many places, they even drew trend lines incorrectly. However,

the focus is largely on the trend lines they are using. Volume

is heavily emphasized over volume. They consider volume a key validator. And if they believe that when a base forms, you're seeing a drop in volume. And when

the price moves upwards, volume is picking up. If

volume drops during a base, it means your supply has stopped coming. If your

volume is coming in when the price breaks out, it suggests that the supply has been absorbed and the price will move upward. The entry principle is roughly to buy on a trend line break. They are not anticipating a breakout at all.

They can also buy a little later after a trend line break. There is no problem.

Their thesis is that breakouts should be looking for volume. If there

is a low volume breakout, it is a spinning wheel. It is not reaching anywhere; it is just rotating. And one of their key areas of focus is that percentage change in volume over

rotating. And one of their key areas of focus is that percentage change in volume over normal daily volume is the key measure of demand on the break of the day. Even

their stock selection process is roughly based on these key points. Next, we

'll look at their exact execution process flow, how they intend to execute the stocks they're currently looking at.

Okay? We'll also cover this here: the exact process flow they're using. So, this is their stock called Medi.

Their belief in Medi is that it has very strong earnings growth. It's up 83%. It

also has revenue growth. It's a biotech group. Only 43 million shares are in float.

And it could take three to five months for it to reach 100. So, I tell you that one of the questions they constantly ask themselves is, will it double?

They expect it to double in three to five months. And at this buy point, at whatever point the stock is, they're trying to break out of the base. This is what they're looking at. Then he sees that arrow one shows your volume absorption, and arrow two shows that as soon as the stock breaks out,

it shows that your volume is increasing at this point. The second stock was Nian. He

watches Nian for a long time. He says, "This is my number one pick, which doubled in price in October. The stock was at 49 and had a split. So, the price that is now showing 59 is 118." It's a very good move in three months, and earnings were better than expected, and the stock had a good breakaway gap. I think

where is the breakaway gap? I think this is the breakaway gap that he's mentioning here . He says that this breakaway gap occurred when the market

. He says that this breakaway gap occurred when the market was weak. Earnings have reached 400 x 0.15, and revenue is up 230% to 27

was weak. Earnings have reached 400 x 0.15, and revenue is up 230% to 27 million. He says the float is only 15 million shares, and therefore

million. He says the float is only 15 million shares, and therefore the stock could double again within this year.

It's in the software and services business and has a partnership with IBM.

It needs two or three more weeks for the stock to complete its basing. At this stage, the STCN (STCA) stock you see here was originally called CMGI (or CMG Information, perhaps something like that).

CMGI's name has changed to STc. They're saying that, in addition to premier internet company AOL, it owns some 20 internet companies, with significant interest in some of the largest. The stock

went from $120 to $30 a week back in January, when a 2:1 split was in progress. So,

you're seeing a run. Right? We're seeing a very explosive run here . The price has gone from $60 to $10. So, perhaps this $30 they're talking about is a 2:1

. The price has gone from $60 to $10. So, perhaps this $30 they're talking about is a 2:1 split here. So, your $ would be $120 at that point, and your $

split here. So, your $ would be $120 at that point, and your $ 160 gain would be $30. At that point, within a week, I think this entire run, a 150% rise in one week, is creating a double bottom. So,

I think this is how the double bottom is being considered.

And now it's moving up. Moving upward.

Attempting to break out. And I hope it breaks that descending trend line . So, what this will do is create a buy point for this high beta stock

. So, what this will do is create a buy point for this high beta stock . They're looking at this very thing. So, they're looking at the prior nature of the stock. They're

. They're looking at this very thing. So, they're looking at the prior nature of the stock. They're

looking at consolidation. Consolidation, of course, is very volatile, because the collapse from $160 has reached $88. That means you've collapsed by approximately 40.45%.

Currently, the stock is around 110, and their expectation is that it will rise from here. Because the price is high, your collapse is also proportionate. But

also consider your belief here that there will be high overhead supply. From this perspective, they are not taking it too seriously. After this,

they did an ATHMA. They acquired the internet portal Excite. It has proprietary technology that

Excite. It has proprietary technology that can provide high-speed internet. Again, it is an internet sub-sector.

They are mentioning revenue growth. And when you get Excite's numbers in the next quarter, they will increase even more. This is a rising trend line, above which the stock is sitting and forming a wedge-like price, from which it can break out. We could get a pop over the line, which could be a first buy point. The same goes for Excite, as you can buy

it as well. Here's AOL, your America Online, which was your top internet company. They say there's no need to say much about it.

There's a 2:1 stock split. Buy mainly for the stock split. They

don't like the stock's float because it's a high-float company. But they

're mainly buying because of the stock split, so they can enjoy the run it's experiencing after the split. It's

at the apex of a symmetrical triangle. I guess something like this kind of triangle can be drawn here. Maybe if we can connect, they're looking at it this way, and this formation will resolve soon. The buy point will be when the stock crosses its descending trend line, then buy.

The next stock is your Amazon. This is a very deep correction for you.

But they're saying it's a big winner for us. 50% correction has been done.

And because there was a 3:1 split here, this stock has corrected 50% after that . Despite all the good commentary and such, it is sitting on a descending trend line. We

. Despite all the good commentary and such, it is sitting on a descending trend line. We

are looking for symmetry here. And the symmetry is your descending trend line plus if I compare this as a whole, you can see it is an undercut and rally type of move.

Their ex-belief is that there is a volume pick-up here, after which we can buy this stock. This is their rough idea about this stock. Similarly, the second stock is Nokia Anurag Mutt or yes, okay, so the next stock they are looking at

is their best growth rate in any stock, in NYSE, I will give this to you, they might have suggested this to you at 98 earlier and the stock has run to 155 in 3 months, the stock is resting after phenomenal earnings, earnings were up 7% to $1.2 and revenue was up 97% to 5 billion. Now here again they

are referring to your float that the float is quite high at this point and hence the movement will be slow.

For those who can't watch the market daily, this would be an ideal stock. This

is his belief here, roughly. And mainly, Jager's part is that while his stock selection may be done on weekends, he closely monitors stocks on weekdays. He's

closely monitoring the intraday action of his stocks . Week-on-week , he's closely observing the volume

. Week-on-week , he's closely observing the volume of the good stocks that are emerging during the week . Even if

we look at this stock, you can see a significant drop in volume here, and there 's very low volume since this part. You'll see very low volume here.

At this point, Nvidia is in consolidation. You're all very familiar with this stock . It was its IPO at that time. He's looking for a new issue that

. It was its IPO at that time. He's looking for a new issue that has rested and is finding support at $20. Its earnings are very strong. The stock

could break out from here, and we want to enter at the price of 22, and we recommend placing a stop loss of $1. Now comes

the second stage, which is where we basically start our portfolio.

One thing I'll add is that if we scanned the entire universe at that time and looked at all the chart setups we just saw, there was nothing extraordinary that we saw in terms of the current formation that was there. Okay? The two common ones were obviously that it was a low float stock that was on tremendous momentum, previously

in either persistent momentum, like the first two, it looked like a median or a neon.

Yes, which is in consistent, persistent momentum. It doesn't have a very specific entry point or a pivot here.

momentum. It doesn't have a very specific entry point or a pivot here.

Yes, correct. As of this day, if you look at this chart, when he is actually observing it, it is correct, but he is still wanting to get into this chart. For a second, if you see, I would have actually scanned the entire universe at that point, right? We have seen as many as eight or ten stocks which he has shortlisted. There would have been much better chart setups and patterns

which would have been formed at that time, but he has not gone down below this level. Well,

he has been very selective in taking only the top sectors, on the things which are moving, seeing on the news of the stock also. So, if you see the eight and ten, when Chirag also showed that one Excel, he has gone to the sub-sectors of it, he has seen which once are working. So there will be points where software is working, points where e-commerce is working, pay points where cybersecurity is

working, hardware is working, and he has continuously rotated among the same sectors. He hasn't decided to go to a sector which is below IT and has a lower

sectors. He hasn't decided to go to a sector which is below IT and has a lower industry rating just for the sake of a chart and a pattern. So he has focused a lot more on liquidity than on anything else toward the stock structure.

Yes, you've made a very good point here. And what do most people do?

They look for the setup first and then they want to get into the stock. Your setup can't do anything in a stock where the stock itself isn't good. That's one

variant learning that we can get here at this point. Right?

In fact, even stocks which are deeply corrected, like Amazon, okay, if you look at the Amazon chart, it means most of the people who start thinking of it as stage four, we're like, okay, but since it's into a really strong sector and it's still going up, he's still looking at Amazon for an entry.

Or this might have come or gone, but that time he would have gotten a lot of stocks, also at that point, we because the market was good , or because if you see the previous run, right, when we saw the NASDC in 98, it was a very good market, I think the small cap, which the NASDC index showed, was up by a

large margin, nearly doubled at that point, okay. So he would have a lot of stocks in that zone, it wasn't only its stocks. In fact, when they are trading, the market is worse. Instead of that, what's really interesting about the previous phase

is that the indices are at a near all-time high, but the advanced thin line ratios aren't at a bottom. So, if you see, there was a very interesting line when he had also compared it to your October 1929 Great Depression, okay, he would also compare it later with your October 1987 Black Monday, so

he still says that the indices are high, but the market growth is very weak. Isn't that a very similar market to what we've had over the last two years?

And within the same market, he has only focused on sectors which are continuously moving and put in all his capital and stock watch lists towards that. So, as I was saying, your PSU banks, metals, his whole concentration of the portfolio would only be on the top 5% of the stocks. He is not even thinking below that in this case.

Yes, come on. Come on. So let's go to the first day, Day 1 of the portfolio 2 of 1999. So, a slow and uneven week started in the market today for most stocks, only to find support at 7:30 am PST. Then many

stocks started to rally slowly and after about an hour, things finally picked up fairly well. Internet stocks led the way as I thought they would. We also had broad participation in the back-cap sector, with banks and brokerage stocks rallying very well. So, he focuses a lot on banks and brokerage finance stocks.

well. So, he focuses a lot on banks and brokerage finance stocks.

The objective is, these bank, brokerage, finance stocks will roughly give you an indication of how the general market is moving. If they

don't break out, you will consider that this is in a good state, right? The market is in a good state. So, this chart of yours tells you that it's a very good day, basically because of your upside volume, right? The downside volume is higher than the volume by a factor of 3:1, and the advance is higher than the decline by a factor of 2:1. The new low is contracting for the first time

in a week, but still in negative territory. Anything over 40 is considered negative.

Overall volume was fair, but not great; things may pick up later.

For volume, they're looking at the volume of the indices. But this is upside volume, downside volume, and advance decline. And this third new low you see, right, is an indicator of a particular breath of life in your US market. Right? So, like,

I'll show you here. Right? This is your NYSE advance decline line, which we just discussed. Let me go to a weekly chart here. Right? This

is your NYSE advance decline line. Right? Second, this is your advance decline ratio. Right? Instead of weekly, I'd like to show you daily. And

decline ratio. Right? Instead of weekly, I'd like to show you daily. And

your 2 of 2 is 1999. So, you see, your 2 is around 2, so they're saying that if one stock is losing, two stocks are rising. Comparatively, it's also at the same level, roughly. And this is your advance-decline volume. So, I

think what they do with volume is basically compare the volume of advancing stocks and the volume of contracting stocks, and this is your 2. Unfortunately, I can't see how it's a 3:1 ratio here . I only see a 2:1 ratio here.

. I only see a 2:1 ratio here.

But anyway, this is your advance-decline volume ratio that they're looking at. These are their breadth indicators, which they use here. But to measure the strength of the breakout,

use here. But to measure the strength of the breakout, they roughly use these ratios to measure the strength of the breakout. They're looking at the volume in the indices to see how your volume is coming in. Similarly, the second thing they're focusing on is your Dr. JS Index. They're looking at the one-year consolidation that's formed like a cup and handle. They believe that if

it breaks out on a long basis, it will generate a larger impact. Roughly, here's your portfolio, which is their idea, on which they're basing their entire thesis that your market is about to go up. So, he's initiating his portfolio on 2 to 1999, a portfolio of $100,000. He starts with a margin

account and will give him up to x leverage. So these are the three stocks that he bought: America Online, 400 shares. He bought 163 shares. The allocation

here is 65,000 shares, which is 62% or 65.2%. Amazon has a 41% allocation. CMGI is 43%, and the total allocation he quoted is 150% of his portfolio invested on Day One itself. Here, regarding the stop-loss, he didn't specify exactly

itself. Here, regarding the stop-loss, he didn't specify exactly where to place the stop-loss. He said we should place stop-losses 5 to 7% deep. Okay? Now, it could be 5%, it could be 7%. I've

set 5% for one time as a moderate figure. It could even be 7% in some cases. And

in those cases, what we're learning here will become even more wild. But for

now, I'm taking 5%, and I'll consider that in that case. You can see here that his AOL trade is a very large position, with a 65% allocation and a risk-on trade in Day One.

It's quite high. 3.26 2.06 2.18 Overall open risk: On day one, he 's taking a 7.5% risk on his portfolio. And he's investing 150% of his capital on day one himself. Now, I'd like to add an important point here about the dance anchor:

himself. Now, I'd like to add an important point here about the dance anchor: one thing the dance anchor doesn't like, and I feel very much interested in, is that your cash should remain idle. One of the dance anchor's beliefs is that if you have even $1 lying around in your portfolio, you'll look to invest that dollar right.

So, you should constantly look at this: he's very aggressive in adding quantities.

So, if we go to the charts and look at his allocation, this is his portfolio growth, and this is his allocation percentage, which he allocates on margin. He's consistently allocated 260% in stocks. He's invested 260% in these stocks many times, right? And if you

in stocks. He's invested 260% in these stocks many times, right? And if you look at him over time, he tends to remain quite overinvested. If I

take you through the rough summary of his investments, you'll see that if I compare it from here to here, excluding the last day, then on average, he is invested 1185% all the time in the market. There are some instances when he took some profit on this day, so it drops to 96%.

If I do a quick analysis here, right, you see this 96% drop.

He had a very heavy allocation in one of his Amazon positions, which triggered his stop loss, and he was forced to exit.

There, you see, a 99% drop. You see, it's at 99. But this

is the lowest allocation, meaning he's 100% invested at all times. And

in this entire 2022-day stretch, there are only three days when he's not 90% invested, or when he's below 100% invested. He's consistently invested 250 to 260% for six days out

invested. He's consistently invested 250 to 260% for six days out of this period. That means those six days are when he's consistently 200% invested in the market. Right? How is that 200% invested? Because their margin calculations are different, which we'll cover at this point. Okay? But if you

look at him, he's consistently seeing how much buying power he has left.

How many shares can he accumulate from here? And he's very aggressive in adding to his positions at this point. If we talk about risk, he's taking a lot of risk, right? Here, I'll tell you that the way he took risks was a very daredevil kind of risk to invest all his capital.

But today, we have comparatively more sophisticated methods. Like we read in ANR, we read about pyramiding.

methods. Like we read in ANR, we read about pyramiding.

We can use pyramiding. We can use Tetra. So, don't

just look at what he's doing. Also, consider how you can do the same thing today and be 150% invested in your portfolio without taking even 7% risk on your portfolio on day one . That's what we need to learn at this stage. Right? So, this

. That's what we need to learn at this stage. Right? So, this

is another variant. His allocation is some crazy allocation. It's

a crazy kind of allocation. He is very consistently deploying all the profits he makes. He's even taking margin on his unrealized profits.

makes. He's even taking margin on his unrealized profits.

We'll also discuss how he's doing this. And he's crazily invested in the market when he's getting a favorable swing in his favor. Right? So, when

we mention allocation, I'll take you to the second part, where I'll tell you about planning and execution: how he's basically planning and how he's executing, right? So, we'll start with the execution process. Here's where we'll start. His execution

involves selecting stocks on weekdays and weekends. Sometimes, he

observes stocks during the week. But his list is mostly built on weekends. And the stocks he's selecting are based primarily on theme, earnings , float, institutional ownership, your institutional ownership , and setup quality. He's roughly identifying stocks based on these factors

. At this point, once they

. At this point, once they 've compiled their list of two or three stocks, they'll generally pick two or three stocks at the end of each newsletter that they're watching for the next day, or that they're going to buy, that are coming in at their trend line, that they can break, and that's a stock they like . During the week, they observe stocks, observing themes.

. During the week, they observe stocks, observing themes.

Yes. They observe what else is happening in the market.

Where is liquidity flowing? This is their consistent observation of where liquidity is flowing, where is churn occurring, and sometimes they can even decide on trades intraday . He is actively watching the stocks, but the execution is mostly

. He is actively watching the stocks, but the execution is mostly decided at the end of the day. They execute the next day. Their

priority in entry is that they will select the stock that approaches their trend line, they prefer it. But if

they are observing two or more stocks, what they will do is accumulate the stock that comes first. That is, they will accumulate the one that breaks out first.

He says that I let the market put me into the stocks by its action, and he also says that if there are two stocks, I will get one of them first. I'll buy the one that comes first and breaks out first. He uses

a very specific rule to avoid breakout traps : he avoids taking trades in the first 15-20 minutes. He says that he never buys a stock in the first 15-20 minutes of the trading day because the retail crowd is most active during this time. This generates a breakout

and causes the stock to collapse. After the first 15-20 minutes, wait for the cooling period. That is, let the volume cool down in the next 15 to 45 minutes and then

period. That is, let the volume cool down in the next 15 to 45 minutes and then see if the breakout is sustained. So, many times, people buy stocks a little away from the price point.

Not every stock has entries at the exact price point. He is very much willing to let go of the stock. If instead of buying in the first 5 to 15 minutes. Even on the consistent selling side, they want to avoid initial sellers. And at the buying point, they want to avoid retail buying within the first 15-20 minutes. Then, they see if the volume

picks up after cooling off and later on, only then will they like to buy. False breakouts

are those in which the volume dries up and the price drops.

They don't want to take that. One question that comes to my mind here is that if in the first 15 to 45 minutes, if you buy two stocks, you have selected two stocks and one of them breaks out. So how do you decide? Will you decide only after 15 to 45 minutes to see which stock is breaking out for you? And then you will

apply first come first serve into that. And how are you going to apply it? That is a question that I have in my mind. I haven't found an answer to this yet from whatever I've read . Their stop-loss rules are that they

. Their stop-loss rules are that they want the stop-loss to remain in the market at all times. They generally

set a stop-loss of 5 to 7% below entry. If the trend line breaks more than 5%, they will sell the stock. This is

because they only buy on trend line breaks. So, if the price goes below the trend line by 5%, they will sell it. He says that any stock that breaches a trend line by five more than 5% will be sold. Preservation of cash is the number one formula. Cash

preservation should be our number one priority here.

Here, we're now looking at some trade-level metrics to see how the trade planning is roughly. After that, we'll look at the portfolio level.

If we look at the trade-level metrics, most allocations are very uneven. You

don't need to see if there's any kind of strict formula for buying stocks. It very much depends on two or three things, right? The first thing they'll look at is,

stocks. It very much depends on two or three things, right? The first thing they'll look at is, you mean, how much cash margin is available? How much do they have to deploy?

Right? So, they'll look at this: how much cash margin is there?

How many stocks are in the portfolio? They don't want too many stocks. The maximum number of stocks they held was six. They should hold six stocks, the maximum. But they also say that adding more positions will slow down their performance. At that

point, they have a conviction in the stock. They should size their positions based on that.

I think AOL was a bit of a slow mover, so they've taken a 65% position.

Whereas, in other stocks, their general position is roughly around 43% or 41% . If we calculate the average allocation, on a trade basis, it goes to 43%.

. If we calculate the average allocation, on a trade basis, it goes to 43%.

The highest of all was in AOL, which he felt was slow, so he later reinvested in another company called EXTS. Although

AOL experienced a significant run from where he sold, it was somewhat compensated.

Because AXTS is also running. But I think AOL had a huge run at that point. They took the lowest trade, and it cost them at least a 15%

point. They took the lowest trade, and it cost them at least a 15% return on their portfolio. Because AXTS, your trade, saw a huge run, but their position sizing in the trade was off-the-mark. A major

reason for it being off-the-mark was that they likely only had the capital available to them when they invested in the trade. Because of the limited capital, they couldn't accumulate much. Because of this, despite it being one of the largest moves that it captured, if we look at the trade in AXTS

here, you'll see that your trade had gone up by 84%. This

is the largest move and favor that it captured, but the position size was off-mark. They allocated only 18%. Whereas

on an average, he was allocating somewhere around you can see that his consistent allocation is around 43%. That is why he was not able to generate much returns from there. The contribution of Diklik to his portfolio is only 15% and I believe that he has easily incurred a loss of 15, 18, 20% here.

His returns could have been 15-20% higher if he had kept the average position size of Diklik to the same extent as he is doing with his other stocks. So, to some extent, in the large uneven allocation, he is getting a little hint here on the Diklik part. But

I'd also like to add another point: this EXTS position, in which he had taken an uneven position of 65% OL, which he switched to, performed really well. So, even if we even-sized everything, there wouldn't

well. So, even if we even-sized everything, there wouldn't be much change. The 144% return would convert to 147%. This

isn't a significant change because he receives some compensation through EXTS. However,

if he didn't have capital in Dicle at that time, he could have added it later, as he was recommending Dicle at that point, but he didn't. If he had added it, I think a comfortable 1820% return

he didn't. If he had added it, I think a comfortable 1820% return would have been added to his total return. If

we look at the largest allocation, he has an allocation of $9,000 in Amazon . He allocated this when his portfolio had grown slightly. This means

. He allocated this when his portfolio had grown slightly. This means

that he had some other trades in it. For example, when the performance of your CMGI or Senate had become quite good, then they took the second position of Amazon.

They bought 199000 shares worth 1 lakh 9600. Then after their portfolio grew, the realized portfolio was worth 179800. So they allocated 61% of it. In this they incurred loss obviously and at the same time their second position of Amazon was also open which

they had bought on day one. So overall if you see the concentration of position, then their concentration of position in Amazon was 42% from the time when the capital was $1 lakh and 61% when their capital increased to 179800. So, at that time , when he took the second position at 179,800 , the combined value

came to $15,800. His concentration in the combined allocation of his portfolio was 84% ​​of the high portfolio, which means his concentration in the portfolio at 179,800 at that time was 84%.

Unfortunately, this trade in just one position, Amazon, did not work out very well, due to which he faced a slight opportunity loss.

His priority in few concentrated positions is that he says, I could have added ISSx , but there would be too many stocks in the portfolio, and this would slow down his performance . So, he lets it go at that point. If we

. So, he lets it go at that point. If we

go a little further. Portfolio Risk: If you look at his trades, his rough portfolio risk is 2.16%.

The highest is 3.26% for AOL. The lowest is 0.92% for D-Click. This varies because his stop loss

for D-Click. This varies because his stop loss is the same. It's static. We

derived this portfolio risk based on a rough estimate of his 5% stop loss. In some situations, he could use 7%, or it could be different. But he didn't mention it. He

talked about keeping a 5% to 7% stop loss. This varies because the position size varies, so this varies, and this varies. Therefore, his risk is It is different because the stop loss is static. The position size is varying, hence the stop loss is varying. Therefore, the risk on the portfolio is varying. Now let us discuss a few more points.

Let us come to the portfolio level matrix. If we look at them at the portfolio level, then full capital deployment is preferred here . 1150% is invested on day one itself. His full

. 1150% is invested on day one itself. His full

allocation is on day two. It goes up to 192%. I will just take the average and show you it through the entire stretch. He was invested 1185% of his portfolio. He

was continuously invested 1185% of the portfolio. 260% is the highest that he had been invested. And he remains like this for six days in the market. That means, if we consider a

invested. And he remains like this for six days in the market. That means, if we consider a 2022-day stretch, then roughly you can say that only 35 to 40% of the time was invested , or 260% of the portfolio in that was his allocation. Now, the most interesting point, which is also a mind-blowing point about the US market,

took me some time to understand. But a very interesting point is the margin calculation there. The

way the margin calculation is done. I think if the Indian authorities hear that such margin calculation is possible, they will automatically shift to Ranchi or Agra. So, basically, what they are doing there is that they are saying that they cannot charge margin only on unrealized gains, they can also charge margin on unrealized gains on open positions. That

is the most mind-blowing thing that I have heard. You have an open position, there is profit in it, and you are taking margin on that profit. So,

let us see how this works. Right?

So, the first point is that their margin calculation is very unique.

Capital plus realized gain plus unrealized gain—your portfolio value plus your capital—they add it all up. They multiply it by two.

Right? This is the total amount they can invest. From that,

they subtract their current invested portfolio value, i.e., investment capital plus unrealized gain.

They leave whatever's left to invest. That is , if I were to tell you, based on their own calculations, if we take their example of March 21st, their portfolio was up by 1172% on that date. Their portfolio value is $72,400. This includes their capital, which is $100,000. Unrealized profit, which is $100,000

is $72,400. This includes their capital, which is $100,000. Unrealized profit, which is $100,000 , is included. Anything beyond that is their unrealized profit. At some points, there are slight differences between my calculations in the journal and theirs. I believe

theirs. I believe this is due to brokerage costs and other factors. While my calculations don't specifically mention the brokerage, my calculations are slightly higher, while theirs are slightly lower. I think this is due to brokerage and other costs. Margin: This $272,400 figure

includes their realized and unrealized profit and capital . If you double that, your margin allowance is $54,800

. If you double that, your margin allowance is $54,800 . You can buy shares for that much. They subtract their portfolio value from this

. You can buy shares for that much. They subtract their portfolio value from this . This means their invested capital plus unrealized portfolio is

. This means their invested capital plus unrealized portfolio is $327,000. Their current investment plus unrealized profit is

$327,000. Their current investment plus unrealized profit is $327,000 . So

$327,000 . So he's left with $7,800 to invest at this point. So how does that 260% come about? That means he's allowed 1x leverage over his capital.

come about? That means he's allowed 1x leverage over his capital.

Even then, he's able to buy more than that. The only reason for this is that he can use the unrealized profit that he has. He can also charge margin on top of that. Here,

it's very crazy, and I feel that it's very dangerous as well at the same time. But

he's doing that. And there's this kind of margin there. This

was very surprising to me. He can charge margin on open profits. This allows him aggressive compounding . But he also mentions that he'll leave room so

. But he also mentions that he'll leave room so he doesn't get a margin call if the stock pulls back. That means he'd like to leave some room here for the stock to pull back . He also discusses this point here. If

. He also discusses this point here. If

we look at the allocation, we are consistently, as I discussed with you, above 100%. 185 is the average allocation. The highest

allocation is 260%, which they maintain for six days. The lowest allocation is 96%.

This happened because he sold two large positions and took a profit.

Then, he immediately redeployed the cash and went back to 185%. In the last few days, he found it very difficult to deploy capital because, I suspect, the opportunities weren't performing well enough. So, he remained 99% invested for two days, and then two

days later, he went back up to 156%. So, there are only three days out of 202 days of trading in which his allocation ever went below 100% at that point.

If we look at the open risk aspect, he's taking a very high open risk. He's adding 7.5% on day one and 2.14% the next day. And because he doesn't trail his stop loss very quickly to break even, his open risk is 10% at one point.

You might say that this is crazy, and it might seem like a gamble. But these are the realities of the period of time that made him convert $00 into $42 million . So, if there is a gamble that can make you someone who can make $42 million,

. So, if there is a gamble that can make you someone who can make $42 million, I don't think that is a gamble, and that is a good thought process.

The point is, it is too much of a daredevil to an extent, but the point is that we do n't need to be really daredevils in that we can do the same thing with a high position size and full deployment of capital on margin. We can do this, but we will do it using our own style of stop-loss pyramiding.

Instead of taking profits, instead of doing that, we can use this to stay invested in the market. We can do the same thing. That's

the benefit of today's world: we can do the same thing without taking too much excess risk of flowing on our portfolio. Right? So if we contextualize it in the current market, also, please slide pay.

Yes, okay, now see this. Now, suppose he has taken 150% of these three positions. Right, suppose I average out a 50% payout.

Now, even if I take a 2% stop loss instead of a 5 to 7% stop loss, he has taken a 1% risk on the trade.

We're okay, I will more likely end up with the same position size on this. How much has my price gone down now? What

is my MAE, meaning how much the price has come down below my buy price. One

second, what we have also taken is he has taken a 5 to 7% stop loss. We have

conservatively taken it at five. So, 7.5 is the least risk that he has taken, where he sees that his actual initial risk, which was 7.5 on day one, was And day to pay 9.1 whatever it was, okay that is actually more than that one hmm the margin that he is taking consistently of 2X is exactly what we have in India also right now yes

the only difference is the leverage he has taken on the profit also on the unrealized profit in India has much more based on it that is something which no brokers at least in my knowledge in India do not allow, okay but I did that also later which really does not have such a big impact on his portfolio when he found the option

to push a lot more is only when he pushes post it correct when initially you will see risking right with in the two days the moment he has identified his stocks in the top sectors, he has utilized each and every penny which was it is disposed of, he has not weighted that brother my setup form It will happen and I am looking for a very, what do I do? I take a

very apt kind of situational awareness where everything is aligning into my favor or he is not, he is taking a very high conviction, concentrated bed and then later taking it with big risks. I think that was the unique factor that he had taken it.

And even before this, if you look at the charts, charts were nothing which were extraordinary. Okay? I think all of us who are here are probably much better

extraordinary. Okay? I think all of us who are here are probably much better technical analysts and chart readers than what he actually was. If we repeatedly analyze stocks like Amazon, then we would completely discard those stocks. What he has done fantastically is that he

those stocks. What he has done fantastically is that he has focused more on the liquidity and the momentum of it rather than on the chart pattern of it.

That's very true, and that's the right stock that's in play instead of the right setup being in play. So, this is the first entry that he took, AOL. This was the only stock besides AMT that

AOL. This was the only stock besides AMT that had a strong start here, and both of these stocks are going to split tomorrow, he says. So

, he's buying AOL. This was his, at a small breakaway gap here.

The entry you see is the green line. The red line is the stop loss in this case.

Buy when this trend line breaks. They're entering Amazon here.

The $4 pull trend line, but it works. What you

're seeing is actually a bounce from the MA.

Yes ChartByD.com.

Yes, that, that, I think he's just looking at a reversal of momentum in this case. That's it.

Yes, CMGI 5 $5 on good volume. This is the third trade he took on day one . Just look at it, I told you one thing: the most important aspect of trading

. Just look at it, I told you one thing: the most important aspect of trading is three things. You need to have certainty so you can invest in stocks that are moving. You should have a lot of courage, which he has.

And even Kula Maggi had said once that he's not as courageous as Dazgar. While you

can say that Kula Magi is a very daredevil kind of trader, he still says that he doesn't have the courage like Damon Anger. And the third point is where you say that you should have the discipline, and all three are looking at setups, and it's not just about charts. That's one reason why I picked his case study. Right?

First, I could also do Kula Magi. There are plenty of traders I can do similar case studies on, and I will do in the future. But I picked Damon Anger because I want to show it's not all about the charts that you see. Right? It's

about how you're positioning yourself in the market.

Right? It's not necessary that you can take the same amount of risk that he is taking, right? It's not necessary. But you can still position yourself in a way that even if you

right? It's not necessary. But you can still position yourself in a way that even if you say that you are getting limited by the market, you can still perform, meaning what returns are you getting, 10%, 12%, 15% in a month, from what you get, you are doing well.

The point is that I want you to transform yourself to a 30%, 35%, 40% kind of return per month, kind of thing that is a very good return, 30%, 25% to 30% even, if you can get in a good month in a bull market, that can easily compound to 200, 300% return on your portfolio. But what is the point? We

think that many people will watch this webinar and say that it is not possible in the Indian stock market. It is gambling, that kind of thing. You can shut the door. You can shut the door. Most people will shut the door. That's exactly why

the door. You can shut the door. Most people will shut the door. That's exactly why they're middling. They're middling because they're shutting the door on the idea that doesn't go

they're middling. They're middling because they're shutting the door on the idea that doesn't go with a mindset that's wired for risk avoidance, not risk taking, so they 'll shut the door. A lot of stupid people will say, "That's why he lost 75% of his portfolio." Right? My point is, any day I'd prefer to

start with $0.00. Start with $0.00. I make $2 million and I lose 75% of it. And

I could still be left with $10 million. That's more than enough to change my life. I'd

any day be very happy to do that kind of thing. Right? Instead of staying middling and converting a $5.00 to a $0.0000 in just 10, 12, or 20 years, I'd much prefer to do that. Right? So the point that I want to say here is, don't look from the

perspective of most people toward risk avoidance. He is a risk taker.

That is the key difference between him and others. And that is why he holds the record that in 29 months, if a guy who made $10 million, even if you take a total of $10 million, right? He started with $5,000, and I think it took him somewhere around $10 million. As far as I

right? He started with $5,000, and I think it took him somewhere around $10 million. As far as I remember, he was trading somewhere around 189. His

portfolio was somewhere around $5 million, $6 million, sort of. 2002

was the biggest cat atlist year. 2020 was the base year in which he converted it into multi-million and 21 was when he doubled it from there, that is, his 600%.

If you grow 6 million on that, 600% on that, he was able to reach somewhere around $40 million in 2020. That is where all his portfolio size must have been.

Which he was able to double in 21. That is where all his Wealth came from two years ago.

It was the biggest catalyst for him, but it took him a long time. But this guy made $42 million in just 29 months. Right? The point is, I said you don't see it from the perspective of what you mean here. Does this mean it's for you or not? Learn from the perspective of what you can do with with a lot more efficiency. What Kind of Stock

What should you select? What kind of trades should you take? How should you take the right risk?

Learn two aspects of trading. It's not just about the charts that you see. It is, but I will say that it's also about the charts, not the setups.

see. It is, but I will say that it's also about the charts, not the setups.

What they're looking for in the charts is low float. High explosive moves. All of this will come from the charts. It's the charts plus positioning, but not the setups, that are most important. See this breakout here. This was the breakout. This is the third entry, that too. They've also seen a volume pick up. And the stock starts to move up in this case. At the end of the day, he started with $100,000.

There was no realized or unrealized gain, or anything.

The unrealized gain was up by $0.5% on his portfolio. On day one, his closing value was $676. His portfolio realized $100,000 plus realized and unrealized gains totaled $17,676. His allocation

is $150%. $150 is allocated, and he currently has $ 50,000 in available buying power. He's looking at some stocks. On day two, he's looking for four stocks.

The first is Ensol. Double-click and click C-Net, and VRS, two of these have proven to be the biggest winners in his portfolio. So, the first is Ensol. He's looking at this stock . It's a slightly strange trend line he's drawn. And

. It's a slightly strange trend line he's drawn. And

he's looking for a breakout above that. So here they're saying the stock is just starting to move and is ready to break above the 50-day high. And the ESA line. By

looking at the ESA line, I need to find what the ESA line is. On a big volume buy point, it's as the stock crosses the blue and green lines at 161 to 165. A high beta stock, for active investors, sees a big spike in volume as the stock moves up from here. So here we're looking at this stock, Ensol. The second stock is

looking for the second. This is the trend line that he has drawn and looking for this breakout. It's a very interesting stock at this stage, and later on, it became one of the

breakout. It's a very interesting stock at this stage, and later on, it became one of the biggest winners for him. Another one was CNET. He is looking for this wide which is happening here. Again, conventional technical analysis patterns, like in some of your cases,

happening here. Again, conventional technical analysis patterns, like in some of your cases, are looking for things like double bottoms and double tops. At some points, you 're looking at wedges. I don't understand this wedge very well . It's too wide. But I'm still looking at the stock and looking for

. It's too wide. But I'm still looking at the stock and looking for a breakout. Basically, understand this through the concept of a flag. The stock has

a breakout. Basically, understand this through the concept of a flag. The stock has an explosive uptrend and is consolidating because of its high ATR. It has

a certain weight. So, they want to buy it above the trend line break . A very wide wedge that should be resolved, so the stock will move quickly. There are only

. A very wide wedge that should be resolved, so the stock will move quickly. There are only 5.5 mills. That float buy point is 1225. The red line is the 200-

5.5 mills. That float buy point is 1225. The red line is the 200- period average of their red line and my yellow one. I do like the action and movement seen at the best, but I'll keep my eye on all the others as well, just in case one of them jumps hard and fast out of the game. So their buying concept is that whichever stock

jumps the most and breaks out fast, they want to buy that stock.

They are not obsessing about tight entry, they are looking for the stock that picks up the first, in that case, if another stock was VRS new add, then there is dullness in charts right and this entry is only working because of its discipline and stock, so in this, many times one, two, three stocks,

first one goes and check, one was 50 DMA bounce. I think if you see all of the trend line bounces, yes this one, now this is really nonsense of a chart, right, we don't even look at it to an extent, this is actually broken out, okay, most of us would have actually discarded the stock, but if it is a very top-moving sector, right now,

say something like a metal, so say how DCB Bank, for example, was bouncing off the 50, continuously, okay, what I am actually looking for, if I even discount the trend line, right, is he is looking at a very high momentum stock and a sector which has broken down and is now trying to revive it. Because that is where the situational

awareness for him, a light now lies in. Correct. So he is actually being very dumb on entry, but very disciplined on the stock selection. And that's why he's being able to mean put in a lot more of the stock section. Yes.

Yes. Yes.

And what was Chirag? The first day that he took in a 5% risk, right, I think that was 7 and There was an unrealized profit of 1/2%. So, he's already one that's nearly 1.5 hours old and risk- free in most of the stocks.

He hasn't even thought about profit booking or anything else later. And the second day, he's actually invested in more new stocks. I

mean, he's not taking on multiples at all right now. He

's not thinking about selling at 3Rs 4000. He's only thinking about selling based on the stock's character.

Yes. So, this was the next stock that he was looking for, a very strong stock in a strong group. By a point where it crosses the trend line. He drew this trend line, and he's watching for a breakout . The stock shouldn't go below the line after it goes above the line. If it does, it

. The stock shouldn't go below the line after it goes above the line. If it does, it needs to be sold. Here, he's looking at volume drawdown and pickup. When

the price is going up. This is a pretty good chart. Actually,

this leaves me. Now, on Day One, his belief is that I have about $0,000 left.

This leaves me with about $0,000, and so in which to buy one of the stocks that I have listed to net. I will invest this $50,000 in the stocks I just discussed on the chart . I do like the action and movement seen at the

. I do like the action and movement seen at the best in them. But I will keep my eye on all the others as well, just in case one of them jumps hard and fast out of the game. He is saying that he would like to buy the stock that he feels is making the best breakout. With this,

Day One completes. This was the overall update on Day One. Let's go to the second day, which is February 23, 1999. He says it was a very nice and powerful day on NASDAC, with lots of follow-through for the leaders in the market. Again, he's estimating the market using leaders . Here, yesterday, he broke the descending trend line that I had

. Here, yesterday, he broke the descending trend line that I had posted for you on the chart. I think it's just a matter of time before the DGIA and SNP break out of their trading ranges. So, this is their breakout. A slight

breakout already occurred on the first day. On the second day, he gets a follow-through. This is

NSDC, this is DGIL. This is the breakout he's looking for, and this is the consolidation cup and handle he's looking for here. He's making these two additions to the right portfolio . The first is Dicl and the second is Senet Dicl, 200 quantities

. The first is Dicl and the second is Senet Dicl, 200 quantities at $92. The allocation is 18% of 18400. The allocation stop loss is 43.4%.

at $92. The allocation is 18% of 18400. The allocation stop loss is 43.4%.

His 5% stop loss is 0.92% risk on the portfolio. I think this is a little bit of a stretch. Looking at the upside, he has generated an 1820% return here because the size is very small. And despite the stock giving him a lot of good chances to add, and even though he was very bullish on the stock, he did not add into the stock.

If he had added, his returns would probably have been much higher. In that case, the C net was another one. His quantity is $2. This is his

another one. His quantity is $2. This is his price. 122 is his allocation. The allocation is 24400. This is a 24% allocation. His

price. 122 is his allocation. The allocation is 24400. This is a 24% allocation. His

stop loss price is $16. 122 = 1.22% This is his portfolio's risk-on ratio.

He's allocating $42,000. He's allocating $42,800 = 42.8%. And

he's taking on an increasing risk of 2.14% here. Right?

Anurag, I am unable to understand your question. Is

n't it a question? When he is taking a stop loss of 5 to 7%, then he is giving room to any stock so that it can go down even after taking a lot of time, for example, after entering, but when we buy one stock, what happens is that we have to exit

because of this. That is the trade that we are willing to take.

Anurag, there are two things in this. Now, where will our thesis get float, right, 1 to 2%, when it is going between 2 to 5%, stopping you out and then going up again, correct, so that is when your chances are kind of deeper than what will happen, what is happening in this case also, if you see a lot of the stocks, if you are seeing breakouts also

, right, it is immediately off. Okay? Anurag, if this day comes, like the DCLK chart you see on your screen right now. Okay? As of

this day, what you would have ideally done is you would have taken your stop loss to cost and near cost. Correct. Now that would ideally be in 5 to 7%

near cost. Correct. Now that would ideally be in 5 to 7% because of the liquidity if at all. Okay? But by default, what we have seen is 5 to 7% one. What we are doing is optimizing based

one. What we are doing is optimizing based on the current situation. You can still take it on 5 to 7%, but then your risk per trade will increase. Correct. Right now, he took 9 to 10% risk on the first day itself, he got two days.

increase. Correct. Right now, he took 9 to 10% risk on the first day itself, he got two days.

K. If we end up using tight stop losses, we'll end up with barely 30-40% of the risk for the same portfolio allocation. We're just optimizing based on our own data. He would have his own data. We don't know why he has taken such a deeper stop loss because most of the time when it has moved, right, it's moved up very immediately for him. Hardly one or two stocks, if I remember, were trading around

the cost price. He could have easily done an MA analysis and reduced the stop loss.

Also okay if there could be liquidity concerns, then probably yes, but as far as we have seen the data, if we go to the MA, we could have easily reduced the stop loss.

Okay, and what is the trade-off for everything ? We can re-enter. I mean, if he

? We can re-enter. I mean, if he is taking a 3% risk, maybe we can initiate the trade with the lesser risk. And if it does n't work, we can reset. When it happens, we can always take a second attempt.

It won't happen that we won't be able to take a second attempt. In that case, there are trade-offs on both sides. There is no fixed method that is more accurate in this case. Right, okay,

so okay, so this stock selection he made is going up with 2 million shares. Yes. You can see the volume pick up here. And here is where he enters.

This is the other stock which is seen and it breaks through the trend line here.

And this is another stock which he enters. The position update is that he now has five trades here . AOLMN Amazon CMGI C Net Pickle, these

. AOLMN Amazon CMGI C Net Pickle, these are five positions. He is invested 192%.

His total allocation is 1992800 at this time. And according to the current prices, his unrealized portfolio value is coming to 14964 which is up by 14.96, which means roughly it is up 15% in two days itself. Your OL here also gets adjusted. Here I think there was a split of EOL on the next day, so I

adjusted the closing price there according to the pre-split prices so that it would be easy for us to compare , so you have taken out the mutual fund yearly returns in two days, that is what he was actually, yes so this was the day in AOL, this AOL is closing like this, Amazon is another

upside 8% $8 up on 10 million shares, it also picks up here STc, that is, CMGI, it also picks up here a bit and these are the three other trades which were his earlier positions, they are playing out like this. The portfolio update is that in his $100,000 account, he has an unrealized gain of 146,964, which is 15%. And

here, he has 192% allocated. The available margin is only 77,7200. I

am calculating only the realized available margin because if I calculate the unrealized margin, it will become very wild. Managing that fluctuation will be very difficult. In that case, I will give this portfolio some time to grow. I

very difficult. In that case, I will give this portfolio some time to grow. I

may decide to sell something at any time. If something better comes along, I would prefer to sell it and buy something new. The first thing on my mind is that the float is just too big now, and I was just playing it for the split. I

was just playing it for the split. This is the point he is mentioning here. So, there

is always an overhang of this low float in his mind, which is probably there. And I think that cost him a bit, as well. Because if we actually look at TWX, it was a massive upmove. So his exit happened right here, where you see the white line, but he left the entire upside, almost. You can say, around 8384.

He exited. The stock shot up to $180% from there. $180, so this is an exact sell-off, but still makes 150% in a month. Yes,

from there. $180, so this is an exact sell-off, but still makes 150% in a month. Yes,

yes, that is the most interesting thing to be perfect, always. Yes

, so enough. If he had a little situational awareness, he would have later acquired back, selling this stock to EXTS, which he had switched to.

He had switched from AOL to EXTS, the exact position. But I

think if he hadn't liquidated on Day 24, his returns would have been significantly higher in either AOL or EXTS. But I think it became a bit too much market obsession. He

took a stronger position on the market situational awareness at that point. Maybe I think it was the open profit pressure that caused this, and the profit drop was reversing.

Very quickly due to compounding. That is why he liquidated his portfolio and ended up making 144%. He was up 172% at a time. And if he had continued with the same positions and perhaps not overreacted that day, I think he would have been up by 300% in just 10 to 15 days. If we add that in,

I think he would have been easily up by somewhere around 300% on his portfolio.

So the point is that we all make such mistakes. So it

will be easier for you guys to accept this now. It will be comfortable for the mind that even someone who is angry is making such mistakes. So you don't have to be harsh on your decisions in that case. So the stocks on

such mistakes. So you don't have to be harsh on your decisions in that case. So the stocks on the radar today are Broadcom and RCM. So, the Toai Toai stock pick is another often big mover that I have listed here before. It

quickly ran from 97 to 191, and then split 2:1. I am consistently focusing on stocks with strong previous runs. I am watching those with fast runs . It has consolidated for six weeks, and I feel it

. It has consolidated for six weeks, and I feel it is poised to move higher. Earnings are up 333% to 2.13 cents, and revenue has grown by 36% to 70 million. The float of this stock is 24 million. So, the stock can move rather easily. The buy point in the stock is as it crosses

million. So, the stock can move rather easily. The buy point in the stock is as it crosses the trend line between $66 and $69, where I want to enter. This is

like a double bottom, so I am looking for an undercut.

I have drawn this trend line, above which I want to buy. With that, we move on to the next day, which is Day Three, February 24, 1999. There's not much update except that your market is deteriorating. Their market is deteriorating here. A very

nice reversal today in the stock market late in the day. Many high leading highs, many leading high beta stocks like the Internet, back four to 10 points in a single hour.

Amazon is down, Yahoo is down, CMGI is down, all down. I mention that.

And we can see a slight pick-up in volume as well because he focuses a lot on volume.

We can see a slight pick-up in volume as well, and he takes an exit on the Senate.

Senate hits its stop-loss. So, this is my buy quantity and buy price was $12. Sell quantity of $200 at $17. And the return was -

$12. Sell quantity of $200 at $17. And the return was - $1000. He loses $1000 in this case. And that was the first loss that he took because

$1000. He loses $1000 in this case. And that was the first loss that he took because of this reversal that happened here. CNet opened with a small gap down in price and never looked back. It closed down at 116 and had to be sold out of the entire portfolio at 117 for a $5 loss. He exited

the cement here. The position update is that the previous day he was up 14.15% on the portfolio.

However, he unrealized that drop significantly and reached somewhere around $8,726.

His allocation has also reduced slightly now because he obviously withdrew the cement. So, if you look here, he lost $1000 from the $18,400 invested. This

means he roughly has around $30,000 left at this time. So this was the action you're seeing on TWX.

That means you're seeing that again, it's a red day. Amazon

is having a red day. You're having a red day on CMGI. And that is quite a big red day, in fact. So, CMGI closed down 77 to close at triple-digit one dollar, $11. Many

in fact. So, CMGI closed down 77 to close at triple-digit one dollar, $11. Many

of the stocks have broken out of their descending trend lines. That CMGI and its like have now reversed back and are now sitting on the top of those trend lines. We had the same type of action back in October when Amazon, CMGI, and others were rebuilding their charts as they are trying to do. Now we may see the same type of action

again. So, what type of action was seen in October? We had seen a lot of search.

again. So, what type of action was seen in October? We had seen a lot of search.

Between October and January, the market was quite good. He made a lot of money there. So,

that's probably what he's trying to say. As the stock price is trailing down on top of the trend line, the line should not be violated. This line should be breaking, which is a descending trend line here. Be sure to have your stop it all the time just in case someone stops you out in this case. So for Declick also, they

are saying that it is down from $99 to $91. So there is a very interesting saying. Yes,

yes, yes. There is a very interesting saying in Danger that the best horse never turns back to the gates, but here we are seeing that the best horse turns back to the gate, but he is still holding that stock because it is not violating the trend line and also it is not breaking the support area.

I was definitely making the same point, Chirag. But if we take this into account today, most of the traders are very short-term, right? Would have taken the stop loss to cost plus and today would have been stopped out. Correct? What he is doing is going with an all-or-nothing kind of approach. Most likely, if he hasn't been stopped out here, he hasn't raised his stop loss even after making a big gain on Day

2. And yet, he is still not thinking of selling. He is still maintaining

2. And yet, he is still not thinking of selling. He is still maintaining his stop loss and willing to absorb the whole 10% risk which he had taken on Day 1 and Day 2. Correct? So his actions, if you see them, may make you think that it is

very risky or taking very unnecessary risk. But if you look at his whole objective, right, his portfolio volatility is because his portfolio volatility is meant to serve his objective of getting a very big return. If his

objective would only have been like 5% kind of on a smaller portfolio, right?

Then all his actions would have been very different, most likely because his objective is to get a big return on a big portfolio. His actions and stop-loss ranging and buy points and risk patterns and sizing are completely based on that.

Okay , so that is a very good point, actually. So the portfolio update is $1,000 in starting capital. He lost $1,000 out of that $1000.

His realized gain is -1%. Unrealized gain is 8726 (8.81). The portfolio realized is $9,000. The portfolio realized

(8.81). The portfolio realized is $9,000. The portfolio realized plus the unrealized gain is $1726. The allocation is 168%, and the allocation reduces your basis to 99%. $99 of that comes to $99,000. So, 170% is allocated right

now, and the available margin is $29,600. But despite

such a bad reversal, he is now looking to deploy the cash. I will look to invest a balance with in a few days. Any stock that violates a trend line by more than 5% will be sold. Preservation of cash is number one. Keep your stock prices in place at all times. Try to keep your losses at 5 to 7% of your original purchase price. Stocks on

times. Try to keep your losses at 5 to 7% of your original purchase price. Stocks on

Radar. This day, he's watching a stock called XY LN. So let's see what kind of stock he's looking for. XY LN is his base.

I'm seeing a very flat stock here. It's in a 12-week consolidation, breaking out on record volume. It's a bit extended, so he 'll buy after a short rest. It's in a high-bandwidth networking area, and earnings are very strong. Last quarter, earnings were up 64%.

Revenue was up 52%. There are 25 million shares in the float, so it could double. Make

sure you set your stop-loss at three points, and below your entry point, just in case.

He mentions this here. Day four arrives on the 25th of February 1999. So, again,

Day four, the update is this. There are no major changes in the portfolio. It just holds the same positions and it gets a very good jump. Another thing about the market is that generally, Dan Jancker doesn't get his newsletter on Thursdays. So, his newsletter used to come straight on Sunday after Friday, which was his weekend,

which was a bit longer. So this day we are seeing that there is a reversal in the market. This stock has hit a bottom and is reversing back upward. The next day

market. This stock has hit a bottom and is reversing back upward. The next day it will go down again. But that doesn't concern me right now. It reversed back and closed higher.

So this was the day when we are looking for at the market.

Chinmay here, if you're there by the way, he's doing this publicly in front of all his clients with all this portfolio volatility. Okay, he's

not running his own portfolio at home. He's taking all of these portfolios with these public newsletters and willing to also take the public flag and private appreciation for it. Yeah, sorry, sorry, okay, so we've seen that there's an improvement. I think some

it. Yeah, sorry, sorry, okay, so we've seen that there's an improvement. I think some stocks like AOL are performing better here . The click is still below the cost, and the

. The click is still below the cost, and the portfolio is short from $8,000 to $6,900. So let's see what happened. You all

reversed and closed higher. You reversed down and closed higher. Your Amazon has actually behaved quite well. It opened a gap down and moved upward on this stay. The next stock is your HTCN CMGI, which has a very nice reversal. Again

this stay. The next stock is your HTCN CMGI, which has a very nice reversal. Again

, which is a very good reversal. I think this has compensated him for the loss. Amazon has

compensated him significantly because he was hired. This is still a dead end here.

Nothing much is happening there. If we look at the portfolio update, realized gains and so on are still the same. Realized gains are up 17% on their portfolio at $16.94. Combined with realized and unrealized gains, they are up somewhere around $15.94. Allocation remains the same, and available

margin is $29,600. Now we're coming to day five, which is also the completion of the first week. It's Friday, February 26, 1999.

And here they're saying that SAP and DGIA came close to reaching new high territory during the week. Just at the same time, interest rates on long bonds were backing up. This sent the major averages back into the middle of their trading ranges, pushing them back into their trading ranges. The stock is now sitting on top here at 2828

with the next support line coming at 2190. So, he's seeing some interest rate packing up, which is why he's feeling pressure in the market. He's referring to that. What kind of situation is he seeing here? But he also says here one thing is I must say I'm very impressed with the way the leading stocks were acting when the market was down sharply. This is

a leading indicator. It's basically focusing on the leaders, and if the leaders are weak, he is in your can't be concerned for him. But if the leaders are doing well, this is not too much concerted about that. He is perfectly fine with that. Even when the market is heading south, while the leaders are going higher. So, he

is saying that if you are talking about strong stocks, all you need is an update in the market and your portfolio will start shorting. If the

market is not good, it is under pressure, it is going down, and you are still looking at it from a positive mindset because his leading stocks are doing well at this point. So, this is the position update. There

point. So, this is the position update. There

is no new addition or anything. There is an investment of 168400. And the portfolio shorted up to form from 15.16000, which was his last day's gain, he goes to $21,000.

His return at this time is around 22% or 21%. So this was even another muted day here.

Amazon is seeing a bit of a muted day. We're seeing this here too, even though the market is bad. You saw a big red candle coming, but he is still looking at it

is bad. You saw a big red candle coming, but he is still looking at it positively. Another day, STCL, which is CMGA, is also going up, and the

positively. Another day, STCL, which is CMGA, is also going up, and the stock is still down, still making a pause candle. There

's a significant drop in volume that we're seeing here. The portfolio

update is that on $100,000, there 's a gain of $2,132. So, his realized/unrealized portfolio is $120,000 (30% of his portfolio is $32). He has 170% invested right margin available because it's a margin portfolio. I will now add the $9,400 profit into the cash balance. The reason

portfolio. I will now add the $9,400 profit into the cash balance. The reason

you see a slightly lower profit on their cash is because I suspect they may be paying brokerage, or so, so their profit calculations are a little lower in that case, or they prefer to round off a little. And hopefully, by buying more stocks this week, their total free cash is 49,400 times two for a 50% margin. I think

I looked at this calculation a little bit. I think there were some errors in the calculation, but not a very big thing. But I was sensing some errors here.

I believe they had $30,000 left to invest, which includes margin. And here, they 're talking about this $400 profit. So, if we double that, that becomes somewhere around $39,000. Plus, $0,000, if you multiply that, that

around $39,000. Plus, $0,000, if you multiply that, that reaches somewhere around $8,000 instead of $100,000. But I don't know how. He's looking at it from the perspective of $49,000. I think he's adding $0,000 over there and $9,400 over here, doubling them to

calculate his margin at close. And he's saying that he'll buy close to $100,000 in these stocks, but he'll leave some for a possible stock decline. So, I don't incur margin calls. I want to invest the remaining money in the remaining stocks here.

margin calls. I want to invest the remaining money in the remaining stocks here.

This is his weekend stock selection, and next week, Monday, he'll see what he can buy. He's looking at American Eagle Outfitters, Broadvis, Yahoo, and CNet. So, regarding American Eagle Outfitters, he's saying that last year I highlighted this stock as coming out.

Of course, the stock has just reported earnings, and the stock is trading from $30 and quickly rising to $64. Earnings are due out the second week in March, and the consensus is for $0.94 versus last year's $0.67. There are 13 million shares that float, and this stock is still not overvalued by the investors. The same principles we

discussed are what they're focusing on here. Now, this line doesn't make much sense, but I don't understand how they drew it. But it is.

From here, they're looking at this breakout. A very tight horizontal base for the past 12 weeks means this stock has been accumulated by smart money. One

false breakout a few weeks ago is no concern for me here. The stock is ready to go up one day, and shortly thereafter. The buy point is as the stock breaks the trend line between $70 and $73. The second stock was BBS. He is saying that a prior pick here. The internet was cooling after a huge run up. The stock broke out of its base at 36 and quickly ran to $50.

From the base trend line break, the stock has rested on top of the prior base for the past five weeks and is on the move again. There are only 11 million shares in float in this stock and it is still under one. And he is looking for this kind of two you can say base on base kind of thing. Here, earnings for the last quarter was up

260% and revenue was up 86. The 86% buy point is that as the stock breaks into new highs at 45 to 47, set your stocks at 43. The third stock is looking for is Yahoo, which has become one of the biggest winners in the stock market over the past 10 years, a real pink rabbit of a stock as it keeps going and going and going. This stock,

along with Visa and Amazon, are your new go-to stocks. Every time the market turns up, you'll find your go-to stocks. Earnings are very strong as they have been for the past three quarters. Last quarter, earnings were up 59% at 11 cents, and revenue was up 187% to 76 cents. And he is looking for this

descending trend line break. He also

drew a horizontal trend line, the breakout of which he is looking for. The point by point is as the stock crosses the resistance line and sets your stock at 155. Shoot, the stock comes back down and crosses the time CNet. If he wants to add it back, then roughly two stocks that he should add to his portfolio have been selected. On Monday, I want to buy CNet and BVSN

. I will add CNet at 112. And I will add BVSA at the trend line

. I will add CNet at 112. And I will add BVSA at the trend line break. It's been a very rough week for computer box makers. Now, they're raising some concerns

break. It's been a very rough week for computer box makers. Now, they're raising some concerns here. We 're seeing liquidity rotation in these subsectors

here. We 're seeing liquidity rotation in these subsectors . Chip stocks and semiconductor equipment

. Chip stocks and semiconductor equipment manufacturer stocks are seeing news from compact, low-priced box-selling companies, as sales are slowing. So, most stocks in these groups are moving sharply lower because the NASDC is taking it heavy. They should make the NASDC break support and head lower. So what they were saying here was that they were a little worried that if NSDC

breaks its support, it could impact their internet stocks. They

say that this is MSFT, and you're seeing that when it broke this descending trend line, we should sell. If anyone has one, they should sell. Or if it is breaking it, we

should sell. Or if it is breaking it, we can sell in that case too. Or we can sell on this bounce. They say that the stock was a prior pick here from the chart formation back in late November at Triple Triple One. The stock ran for eight weeks before putting in a blowout top. A break of the accelerated trend line is your

first exit point. A break of the second line is your second chance. Arrow number two shows that we can sell above this bounce. The stock is going up fine on fair volume rather than massive volume two weeks ago, and that is for the stock. There's a lot of volume, but the price isn't going up. That shows distribution. This is what they're trying to say. The next stock was CPQ Compact, and it's saying that

in its 5-year history, it took a long time to reward people. Meaning, it

never rewarded people, and then it quickly dropped, losing most of its gains. In such a situation, whatever remaining gains are there should be taken. A break of the trend line, and you would have been out at the stock. We've already been out at this stock . Okay? The purpose of these two stocks was basically to show that the computer

. Okay? The purpose of these two stocks was basically to show that the computer The makers are your semiconductor and chip companies, money is coming out of them and that in NSDC, NSDC is staying heavy, so it will create a pressure in NSDC, that kind of

belief he was looking at in this stage, right? So I think now the next you can say Monday, the first of March 1999, a very powerful day today for the leading group in the stock market. The internet, all across the boards, the internet were moving in unison like they were back in December, so he got a very favorable day, but if you see in

NSDC, right, it is a very, you can say, muted day with a very low volume, right, so that is the exact thing he said while ago, right, he said that when you have you are buying a strong stock, it will recover fast and it can move upward fast, so that is the thing we are seeing here, that he got a very muted kind of day.

Which is not actually anything exciting, the volume is also low but the internet stocks, the theme itself is focusing upon that is running like crazy, in that case it adds to the position at this rate, the first position that adds is see net which adds by you can say

$50 and another one is at $46000, 50% and 46% is the allocation percentage on the present portfolio and that is total 96% more investment investment he is making here and if we take stop losses together then your risk on portfolio for that day comes to 4.83%. SeenIt had a huge day after a breakaway gap at the open today. It

never looked back. It hit a high of $139 only to settle back down to close at $130, up 16% for the day. All across the board, the internet was moving in the same direction as it was back in December. SeenIt had a breakaway gap and never looked back. So he wanted to buy SeenIt. He took

that trade on this stay. So this stock caused a loss for him earlier, but now he is buying it again in that case. Another stock selection that he read on the priori was BVSA, which has a strong outing, up over $4 on very good volume and clearing the base in this strike. BVSN, because it has a very good volume early on

and repeated during the day. So these are the two stocks he selected out of three or four stocks that he was observing on the priority position updates. These are what you can see. At this stage, he has the maximum allocation and the maximum

updates. These are what you can see. At this stage, he has the maximum allocation and the maximum number of positions at any point. This is his week, two weeks of real transformation will now follow. And this is the exact week. So, this day he is invested by $200,000. This is his investment. He has an

$200,000. This is his investment. He has an unreal light of $3,496 by the end of the day and he was up by 34% at this stage. So when the market started turning in his favor, he is the maximum he can allocate at this point

. He is running at 260% on margin at this stage right now. Okay

. He is running at 260% on margin at this stage right now. Okay

? This was TWX a muted day kind of right Amazon another day slightly up right HTC and CMGI have had a very good run here we are seeing a very good jump of them there is a change of 8% on this day and the next one is deceiving finally turn positive it was in loss earlier but it turned positive roughly it had come down roughly 5% but

it turned back upward so that kind of behavior we had seen his portfolio update is that right now he has unrealized losses of $3496 he has an existing realized loss of $1000. The overall portfolio

is currently worth $13,496, with the allocation running at $6% and the available margin to deploy the unrealized profits is -60,000. Therefore, the margin available is more than what they should have. Invested is $60,000 more than that, instead of that, because he is using the unrealized profits at this stage. Your best stocks are the ones that break the

trend line and never look back. The more power your stock exhibits as it leaves the formation, the better the stock you own. So, in both the case of CMGI and BBSN, we have seen this. Look for record volumes and very high volumes as it breaks out into

this. Look for record volumes and very high volumes as it breaks out into new highs. This is a very good sign that many people want this stock at this stage.

new highs. This is a very good sign that many people want this stock at this stage.

Second March 1999 In Sunday's new newsletter I mentioned that with money coming out of computer stocks there would put pressure on the major averages as a result of today's market closing. We are sitting right on top of support here on the NDC and close to support

market closing. We are sitting right on top of support here on the NDC and close to support on the SAP SAP 500. Now one question that I want to ask you is this a market of your dreams right one day it is bullish one day it is bearish one day it is bullish one day it is bearish is consistently you can see struggling between two contrary thoughts

At one, the internet stocks are doing well. They're showing relative strength. On the other hand, the market is looking week. The advance decline line is at a loss. And he is comparing it with the 1929 market kind of thing. So he is consistently saying you can fight back. Both of those thoughts. This is what you say, that they made money because 1999,

fight back. Both of those thoughts. This is what you say, that they made money because 1999, 1998 was a bubble. Right, this is the bubble that he was in. Is it one of the markets of your dreams? It definitely isn't, and it is no different than what kind of market you

dreams? It definitely isn't, and it is no different than what kind of market you had seen in 2020, 21, 23, 24? It was just the same kind of market, and see again, you've got a very bad day on this day right? It has a shaved closing at the lows. There has been a high volume pick-up here right? So, everything, if you see, the index is looking really bad at

this stage with negative earnings. Priya announcements

everywhere in the tech sector this week. It looks like a very choppy market. For some

time to come, we may get a gap down in many technology stocks tomorrow. I will be cautious in selling my stocks so quickly. If we do, many day traders will wait until panicky volume drives up and then comes in. And then the stocks backup in one and two hours.

The maximum allocation is here. And the amazing thing is this. That he is saying that if there is a gap down the next day then I will not sell immediately, I will be cautious in selling my stock so quickly if we do because after an initial panic selling there will be a bounce, so this bounce of panic selling which comes in the later stages, he was very much willing

to sell because he was bearish here he is bullish because of the behavior of the leaders and instead of selling he wants to hold and see whether the stocks will sustain or not and then later on he will decide on that thing. So that is a very unique thing he is fully deployed the index is going down and it is going down really bad right but still

he is willing to hold the stock this is where he is this is what shows that why he is done right because he can he has a lot of fear you can see he is not fearful at all and that that fearless approach made him so much money in the markets right

the position updates here today is like this so on day two he got something around you can see there is a little drop in unrealized profit it drops to 3256 earlier on the day it was somewhere around 34000 35000 kind of okay there is a little drop and two of his positions were in

loss first is day click and second is Senate and Senate is a very unique thing because I feel that Senate was actually something which had gone Up so there will be a nasty reversal to come back below. Below cost so let us see what happened. We'll

close down on lighter volume. That kind of thing. Amazon had a bad red day, CMGI, a spectacular day, and a collapse spot in this stock. A very spectacular day.

See the volume. See the bar it would have been and a very bad collapse here. Click another

red day, another bad day here. Senate water terrible site. Basically you can see earlier they have a loss. And on the second day, he is getting, he got a good breakout. On the next day, it came back to the gate. The winning horse is never coming back to the

breakout. On the next day, it came back to the gate. The winning horse is never coming back to the gate, but here, the winning horse came to the gate, but he is still willing to hold that bourse.

Right? So it is just sitting above the support line which is 8 at this stage. BVSL

The Real Leader on this Market is BVSL Because it is not Coming Back Despite Such a Bad Market. So it got an upgrade of Legg Mason. The stock shot up on very big volume

Bad Market. So it got an upgrade of Legg Mason. The stock shot up on very big volume to a high of $58 before settling down to $55. I was impressed by the way this stock put off the sell-off program today. The stock is very extended here, so I do not buy here as the buy point was days ago, so he already had an entry and see

how wide he entered. Actually, if you see the stock explode, he entered a bit later. In

that case, because he waits for the volume confirmation, and all, so he is entering a bit later right here. Breaking support on the major averages could do great harm to the high- volatile internet stocks, as well as others, then again, it may be a quick and sudden shock that we can quickly rebound for. I have no idea which way it will go tomorrow and in

the coming days, but I know we are deeply oversold in these areas right now. Could see a bounce? This was his opinion at the end of the day. The portfolio update is that he is up

bounce? This was his opinion at the end of the day. The portfolio update is that he is up 32% in unrealized gains and he has the same allocation of 200 and 60%. If support is broken on any of the portfolio stocks after the sell-off, the stock will be sold plus

or minus 5% below their rising trend lines. So this is what it is. This is basically what it is.

Trailing method. So if you see him never explain that trading method in a very clear way you can just like how in stop losses he mentions 5 to 7% stop losses in the same way I think there are rising trend lines that he can use he is using and saying that if it goes down below the rising trend line buy 5 to say plus or minus 5%

then he will sell the stock so this is the trailing method that he is following buying as close to the trend line is varied controlling your emotions from buying too high is a big help when days like today come around this is what he comments on March 3rd 1999 the market continues to separate the strong from the week many stocks continue to their slide south while others are just starting their corrective

action like nine many over inflated stocks continue to decline while others They are making progress since breaking out of their descending trend line. So let us see what happened in the market. I think it opened down, recovered and

line. So let us see what happened in the market. I think it opened down, recovered and then settled at the mid. He is saying that at many interest rate sensitive stocks like Chemist, Manhutton Bank are basing fine and could be ready to move and the long base bonds are reversing. The fact that brokerage stocks and banks are doing fine suggests that

are reversing. The fact that brokerage stocks and banks are doing fine suggests that this is a normal market correction. So while looking at from the perspective of situational awareness, he is looking at leading stocks. He is looking at general bank and finance stocks for the general market behavior. The behavior of leading stocks gives him a lot of information about which stocks he should trade. He is

focusing on the indices, how they are behaving and when the breakdown can happen.

So let's take a look at his situational awareness framework here, and then we'll go back to what was happening here. Right? So, his situational awareness framework gives the first priority to market leadership. Right?

So, in market leadership, his objective is to monitor leading themes and how stocks are behaving. Leaders indicate the market's position. Two stocks are completing their

behaving. Leaders indicate the market's position. Two stocks are completing their basing phase. So, on 21 of five stocks, there were leaders completing their basing phase

basing phase. So, on 21 of five stocks, there were leaders completing their basing phase . So, he was anticipating a breakout in the market.

. So, he was anticipating a breakout in the market.

Leaders are holding during the pullback. This indicates that the pullback in the market is healthy and shows strength. That means, if there is no negative action within the leaders, he is very much willing to be bullish and hold the stocks at that stage instead of selling. He looks for divergence among leaders and lagging stocks. So, right now, what we just saw on the third of March was that the

stocks. So, right now, what we just saw on the third of March was that the market was separating leader and laggard stocks. That's

the key characteristic of a stock that looks like a hidden bear market. And you can see where your chosen stocks have lifted the market and the riskier stocks are collapsing. You can compare this to the latter half of 2021

are collapsing. You can compare this to the latter half of 2021 as well, because what happens then is that when a bull run is in its later stages, when it's extended, it's never very strong in breadth, which means all your stocks won't participate in it. Why wouldn't they? Because

their journey has already been completed. Right? In the market, only your top select stocks, those with value, will lead the market.

Your market will flatten, but your leaders are leading, so it won't be able to go down. But you still have the opportunity to make money.

Look at the latter half of 2020. Look at the entire market in 2020. This is just the same kind of market, right, where you see the same situation. And the other part is, we talk about bear market or bull market a lot. I don't think we've had a proper bear market in the last seven or eight years. The last proper bear market was 2018-19, when very few stocks were leading. Right now,

what's happening? You have a bull market somewhere in the market for show. If one

stock isn't doing well, another is. One theme isn't working. Another theme is working.

Last stock: Last January was a very terrible month, to be honest. For most of us, you can't say that there's not a huge opportunity to make money. The budget was the same.

You can make all the excuses you want. But for those people who are into metal, it was a bull market for them. Right? And one of our students from the cohort, Satish Ji, made a 50% return in one month too. Right? So when he told me to make a 50% return, I was like, "I'm a bull."

It's done. I was very surprised to see he was up 50% in the month of January. That's what

selecting the right stock and riding it does with the right sales. The exact thing he 's doing here is selecting the right stock in a bad market, a terrible market, whatever you want to see in a choppy market. But what he's doing is taking the right size and writing the stocks according to the exact playbook he's following.

This is what helped even Satish: he selected the right stocks that played in his favor, positioning himself in a way that even a little wind would end up making a lot of money, and that actually played a lot in his favor in that case. So focus on volume stagnation. If there are a lot of leaders

that are up but don't have volume, there's no real good process because volume isn't great. He calls it volume stagnation, again looking for leaders. What impact will the behavior of subsectors have on indices? Look at this.

leaders. What impact will the behavior of subsectors have on indices? Look at this.

So, what are the indices made up of? What are their stocks? Look at that. I

mentioned that money is coming out of the computer stocks, and this would put pressure on the major averages. Because of that, we can say that the internet is stagnating . He's mentioning that if the market clears and

. He's mentioning that if the market clears and breaks its support areas, this will have an impact. Again, another thing he's discussing here is that banks and brokers are the market priority proxies. If you look at bank and brokerage stocks, you

priority proxies. If you look at bank and brokerage stocks, you see that they act as proxies in the market. So, he's basically looking for market leadership as the top of the thing through which they develop their bias about the market. He's not waiting too much and focusing too much on

things you can see, like things like this. Before moving on to other things, his focus area is simply to focus on how the market is behaving in your area right now. That's his focus area at this point, right? So, in addition to that, he

right? So, in addition to that, he might want to look at breadth indicators. Focus on the advanced decline line, which we saw.

What would he look for in the advanced decline line?

First, he'll look at whether your oversold extremes could generate a bounce. What

he was saying on the 21st was that there's an oversold bounce that could generate an oversold extreme in the ADL, which could generate a bounce. Then he'll look at divergences in the ADL indices, saying that your indices are up, while the ADL is down. So, this

is a divergence. The market is primarily driven by a few stocks. This

is what he means. Sometimes he focuses a little on market internals and also discusses that the ADL is at a 25-month low, similar to the 1997 bear market. Therefore, the major liquidations that occur at the end are so high because of this . He says that the market internals are not

. He says that the market internals are not looking good at this stage. This is what he is saying here.

Okay? So now let's go to that. As an additional measure, he was looking at the Advanced Decline Ratio and the Advanced Decline Line. Now he

is increasingly using technical patterns.

He looks at support areas and averages on indices. He applies technical patterns to indices, such as the cup handle. Later, he will look at double tops in the NSDCC. His belief with larger consolidations

handle. Later, he will look at double tops in the NSDCC. His belief with larger consolidations is that a larger breakout will lead to a larger move. This is

his belief in indices. He pays close attention to trendline breaks and volume behavior . For example, we observed the descending trendline, which I

. For example, we observed the descending trendline, which I showed you in the NST. He was observing that. There's a one-month cycle that he'll look at to identify market tops. Because of that, you're seeing corrections, and these corrections are so deep that they hit the lower bands. And every

time a top forms, volume is very high in the indices. This

is another observation he shares here. The moving average is the only side to look at: 21- and 20-day averages, because 28 days is a very unique number to observe, but he's also looking at that.

The moving average can act as resistance after a breakdown. This means that once the price breaks below the moving average, it can face resistance when it bounces. Stay in cash below the key moving averages. They would say that if It's going below the averages. So, in that case, I'd suggest an all-cash position. And finally,

his core principle is that he'll let the market action put you into the trades and take you out. He'll let the market do its part, putting you into stocks and taking you out. This is his priority, what he's observing here. Okay? So this is the situational awareness

part that they are looking at. In the future, after two to four days, when we will spend more time on this portfolio of stocks, then we will learn the remaining trade management that he is following. So here he is using bank and brokerage stocks as a proxy to understand what the market is doing at the correct stage. The position update is that the portfolio is almost at the same level at

31912. There is no major damage, no major positive, it is just

31912. There is no major damage, no major positive, it is just staying at the same level. He had a red day in AOL, another red day in AOL, another red day in Amazon, a small red day in STCL, not very red, not very red, slightly positive, only slightly positive. The close is down, the close is down, the close is down, the day is

positive. The close is down, the close is down, the close is down, the day is positive again, it is struggling till now it is struggling. Till now,

C Net has a positive day where he has a positive day where he has come below his entry and then it reverses so and then it reverses so interesting point, winning horses never come, winning horses never come back to the game it is back to the game it is it came and it is it came and it is reversing now and the reversing now and the volume is very explosive all for all

explosive all staying at the same level these three days PVSA a large red one that came here this is the situation we are seeing. Portfolio update is that he has a 32% return on portfolio which is unrealized and you can see that allocation is maintaining 260% here. He is looking at a stock called VIX

Inc. So this was the stock why he is looking at it is a prior pick last year in May and again in November exploded yesterday on the world of much better expected earnings numbers internet sized breakaway gap of $7 and it is progressing extended on very high volume and if there is a pullback then we will buy this stock. Next is 4th March. Nothing much happened on this day.

No buying no selling. This is again Thursday. So, we're seeing a little more progress here, as his portfolio is growing a little more. At this

point, the unrealized return (if we look at CMGI) is 12%. I think his portfolio is coming from CMGI. But he is not

is 12%. I think his portfolio is coming from CMGI. But he is not willing to sell that stock despite the bad market. And that is one key thing we will observe here again: another red in the old red in Amazon reds, STc red, click a green day and see net. What a reversal. Actually, this

is a very strong reversal after the red bar. You got a gap breakaway gap, and the stock is exploding on higher volume, confirming that the stock has good characteristics. And BVSA came to test the entry point and

good characteristics. And BVSA came to test the entry point and closed higher from there. Portfolio update for the fourth time shows that you have a 33% return on your portfolio. Totally the same. Nothing major is happening here.

One unique thing here is that he hasn't even thought about any unrealized profit selling.

There's only one stop loss. His realized profit is actually -1%.

Unrealized gains haven't even been mentioned until a pyramid or partial selling point. Yes, yes.

selling point. Yes, yes.

So, March 5th is the next Friday. This week ends. Next Friday comes . The market continues to separate from the strong one. Many stocks

. The market continues to separate from the strong one. Many stocks

continue to slide south. This is what they're talking about. And they're saying that inflated stocks are slicing out while others are starting their corrective action. Many over-inflated

stocks are continuing to decline while others are making progress since breaking out of their descending trend lines. They're saying that many inflated stocks are declining while others are making progress and breaking out of their descending trend lines . So this was actually Dub Joss, it is a very powerful rally, it

. So this was actually Dub Joss, it is a very powerful rally, it started last day, the breakout of Dub Joss does not have much impact on the portfolio, but we are seeing a huge jump in the next depth, here DGI is yours The close is nearing an all-time high, and SAP is just 8 points away from two-half,

two-month resistance. The NASDC is also making good progress here.

two-month resistance. The NASDC is also making good progress here.

As well, this was the day the portfolio muted. But the next day, there's a very strong green bar as it broke above the ESLA line and the 50-day average after a double bottom test this week. So, let's draw a double bottom here to see what's happening here again. These are the technical chart patterns they're using

. The participation was very good, with big-cap brokerage, transport,

. The participation was very good, with big-cap brokerage, transport, finance, internet, and retail doing the most, and of course, the internet sector making the biggest moves. Their sector focus here is broad participation. This is the

moves. Their sector focus here is broad participation. This is the thing they want to see. The position update is that the portfolio shot up by somewhere around 22% on this day. Right? His portfolio has grown by 22% on this day because last day as we were seeing it was at 33,000, today it is at 56,000

that is a huge jump. If you see here, CMCI has a 17% open profit.

C Net has a 17% open profit. Here these two stocks are clearly taking the lead. Where

that 17% open profit is on his portfolio. He is still not willing to sell them. He is still holding them. Risk stocks are also 4%, 7%, 5%, there are many of you who if they get 4% then you will say that we only want this much profit. How will we keep 4% open profit? He has a 56% return on

his portfolio, which is unrealized at this point after two weeks of trading. Two weeks of portfolio. The thing here, Chirag, sorry, is if his

portfolio. The thing here, Chirag, sorry, is if his stop loss is 5 to 7%, right, so even the biggest returns are 17%, which is hardly about 3 and a half hours for him. Right now, we're saying, okay, what has worked for him is a sizing in the initial risk that he took,

so if he says between 2 and 3%, pay if portfolio risk. And if he says between 3 to 3 and a half hours, that in itself has given him about 6 to 10% of his portfolio. So, it's not big movers actually, and it's chart analysis that has actually created this 56%, and what about two weeks?

Yes. So AOL itself is becoming bearish because this week I will sell AOL because it is underperforming and there are many shares outstanding. So flow take reason I will purchase one of the stocks listed in this week's

outstanding. So flow take reason I will purchase one of the stocks listed in this week's stock selection. This is the other one it has had a muted day in Amazon CMGI it shot

stock selection. This is the other one it has had a muted day in Amazon CMGI it shot up actually and that took a lead as they are getting a lot of profits from CMGI and it is a very good mover actually as after this retest it keeps on moving upward. Double click has a massive run. Very strong

upward. Double click has a massive run. Very strong

run here in double click. You see a very strong jump out of the window here and till now it was underperforming a lot. It suddenly shot up, seeing a massive jump of 28 points again. It will split 2:1 on March 9th. Another very big jump is here. Right after the BVSL test, there is a red bar, but it remains higher.

is here. Right after the BVSL test, there is a red bar, but it remains higher.

Portfolio update 53 1999 shows that his unrealized gain is 5638 and he is up 56.91% on his portfolio. This is his current unrealized return. The portfolio value is $15338

unrealized return. The portfolio value is $15338 . He is still 260% invested. Despite such a bad market, he

. He is still 260% invested. Despite such a bad market, he was continuously invested 26%, which is phenomenal, and he has an available margin of 60,000 . Over the weekend, he is looking at three stocks. He is looking at ISI, ISS, X,

. Over the weekend, he is looking at three stocks. He is looking at ISI, ISS, X, Variety, and the third one is EXTS. So this is a stock that is ISX . This stock is in a red-hot internet security group. It explored back in

. This stock is in a red-hot internet security group. It explored back in December and topped out in early January. Along with many other stocks in the group, this stock has put a proper base for them. This is their proper base which is forming here and is on the move again. This breakout came. The stock just broke a descending trend line and

is set to break its horizontal trend line. So, perhaps

on a break of this horizontal trend line, they would want to buy. Revenues are up 157% and earnings, like all internet stocks, are almost 16 million. There are 16 million shares total in this one-year-old IPO. The stock is very under-owned by the institutions, which means there are plenty

IPO. The stock is very under-owned by the institutions, which means there are plenty of potential buyers for this stock. The buy point is as the stock crosses the upper trend line at $67 to $0. So, it is willing to buy an extended stock. Career: When it crosses this trend line, another stock was BRTy saying that's a nice and surprising move he

's made. You've had this entire run here since early October, I think it

's made. You've had this entire run here since early October, I think it Was somewhere around $8 to $42 sort of something that was unbelievable the stock rotted from $10 to $40 in 8 weeks I listed it here at about $1 for a trade but never thought it would go up this much the stock has rested for a proper time of six weeks

after a $400% increase is looking for a six week consolidation and is starting to move again earnings from the list last quarter was up 39% to 18 cents and revenues were up 66% to 15 million the company is in the computer software desktop group which has a relative strength rating of 95 out of 99 buy point is as the

stock breaks into the new high from 40 to 42 behind technology sector at all still not sectors of stocks we exts made a big run from early October through the market top to early January. This has been its entire run since October, and it was somewhere around $20

January. This has been its entire run since October, and it was somewhere around $20 . Today it is at $10. What a crazy run. The stock has rested and created a nice

. Today it is at $10. What a crazy run. The stock has rested and created a nice series of lower lows and lower highs. Here, the pattern is ready to be broken as the stock has turned the corner and is ready to break its descending trend line. The stock is in the Internet Network Solutions group, which is the second-strongest group in the

market. The relative strength is 98 out of a possible 99, so it is looking at the top 1%

market. The relative strength is 98 out of a possible 99, so it is looking at the top 1% of stocks in the market. Revenue is up 331% to $21 million, but there are no earnings, only losses so far. This has not stopped the stock. The first buy point is as the stock crosses the trend line between 84 and 86. The next buy point is between 90 and 94. I think somewhere

around here it will be interested. The portfolio had a very good week this past week. The results are listed below. I will purchase one of the stocks listed in this

past week. The results are listed below. I will purchase one of the stocks listed in this week's stock selection. ISSx is my first choice. Again I let the stock buy its action. Put me into the stock. The stock must go into the buy zone to be bought. They

its action. Put me into the stock. The stock must go into the buy zone to be bought. They

will add quantity here. So they are telling ISSx their first choice here . And in the stock they will see which stock breaks out first. So the third

. And in the stock they will see which stock breaks out first. So the third week starts it is March 8, 1999 and the day 11 of this trading. A super day for the nsk today on all tech stocks internet chips telecom all were all in big demand today of course the number one group in the stock market the internets were making the biggest move at

all the internet index broke out today on in grand style and we have earnings season coming up in five weeks this move could be similar to the movie seen last November to late December so earnings might have come in January like the previous move they are expecting. It lasted about 8 weeks and you saw your EXT stock go up 400% or 500%.

are expecting. It lasted about 8 weeks and you saw your EXT stock go up 400% or 500%.

Another stock of yours, I don't remember the name, probably went from $10 to $40. This move, of course, is not only in the internet, but in all stocks. So, he sold AOL today. The first sale actually happened, and he sold it at $1176. This, based on presale prices, made a 5.2% return on the

portfolio. That was the outcome here. And like I said,

portfolio. That was the outcome here. And like I said, I would do yesterday later. I'm selling AOL out of the model portfolio, 800 shares at $88, and replacing it with EXT's 800 shares at $85. So, basically, he switched the stock from TWX to EXT. And he exactly switched when AOL was going

to go up a lot. Exactly at that point, he switched. From here, AOL actually starts going up, but anyway, he converted the same position into XTS. So, he sold the same quantity of 68,65,68,000 with a profit

, something I think would be around 70,000-75,000. I think what is the allocation. I think we will have to see $5,000. Adding $65,000

to $65,000, I think, would be worth $200. So, he is buying $68,000 worth of this stock today and that is again 65% of his capital is invested, that 65% is invested, a stop loss of 5% is to be kept and he is taking a risk of 3.26% on the portfolio, based on the calculation of 5%. XTS broke its trend line first today. So that is why

this is the stock. Usually, as usual, I let the market put me into the stocks by its action. I would like to have added ISS/EX, but I don't want too many

its action. I would like to have added ISS/EX, but I don't want too many stocks in the model portfolio. This slows down the performance.

And this is your ISS/EX, which broke its trend line with a little gap. The descending trend line. First thing in the morning, I thought of this descending trend line. Here, they had drawn one and it was up as high as 11 points intraday, only to sell off a bit late in the day.

Closed $9 up on Super on strong volume. That's what he's observing. This is the portfolio update. He's still invested 260% on his portfolio. Unrealized returns

portfolio update. He's still invested 260% on his portfolio. Unrealized returns

shot up to 93%. I think the last we saw was $6,000. And in one day, the returns shot up to $93,000. And you can see what contributed to that . Look at these two stocks:

. Look at these two stocks: CMGI and CNet. They are the biggest contributors at this stage. And that's because he has a good size and apart from size, he isn't desperate to take profits. He is willing to let the climactic run go

right. In that case, he's holding the stock during the climactic run. And this is his

right. In that case, he's holding the stock during the climactic run. And this is his biggest skill, I think, is that he's not afraid of big unrealized profits. He's

not afraid of volatility. He's holding that stock, and that is making him richer. He's up 90% in 11 days, that's what he was able to achieve.

richer. He's up 90% in 11 days, that's what he was able to achieve.

Amazon another muted day, CMGI up $47 to close at its high of the day on near-record volume at 199. I think that's an upmove of about 25%. 31% up for the day. This stock was up 31% in a day, and because he

held a position of 40% of his portfolio, I think this single stock would have increased his portfolio by how much. If you had a 40%, 13-14%, return on your portfolio in a day, you would have added that stock. So, basically, you have three engines, and all three are working very strongly. The first

engine is the right stock selection, which he is very good at. The second point, that he is working on is a good size. The third point, that he is letting the stock move. He is not taking profits. That is the third point that is making.

taking profits. That is the third point that is making.

The click had an end of day today as it is backing and filling as we say it should get going again in a week and so he was still bullish in the scene at $40 with a will split 2:1 yesterday closed at the high for the day on record volume of 208 23% up

this stock is moving vertically from here and he is still holding the stock that makes him why he that tell us why he is dad what is that either this move right yes this can either be termed as very dumb and a very genius level move because the moment you start justifying

using an R multiple or impact on portfolio or something right you will always end up selling that is where we keep on saying that when Nishant was also asking that actually why would he not partial sell and where we are looking at the portfolio objective of the life impact rather Just on multiples this is classic

he got it around 18 120 whatever and he up nearly about 80 90% with in a week and so we correct and there is still whatever newsletters we also read through completely that is not even a talk of selling right now he is actually impact looking to add more. This is also is the part where he actually

more. This is also is the part where he actually leverages on his unrealized profits and puts and even most. Another

stock was BVSL. It is having a muted day. Nothing special. Portfolio update is up 90%.

He has unrealized gain. His realized gain has now turned positive which was a $1000 loss because he took profit in AOA 4.2. Portfolio realized is at $14200.

Unrealized portfolio is $197904. So he is roughly you can say he has doubled his portfolio. He has a 97% return of portfolio at this history and then

his portfolio. He has a 97% return of portfolio at this history and then he has an allocation of 26800 and available margin of 52400. March 9th, 1999. A mixed market today with many

of 52400. March 9th, 1999. A mixed market today with many leading stocks trading up into new highs during the day only to close down below yesterday's close on high ball. So this is the again watching the action of leading stocks . He is having a bad day. Other stocks are continuing to rebuild their chart

. He is having a bad day. Other stocks are continuing to rebuild their chart formation. Big-cap brokerage stocks continue to move up, and today, online

formation. Big-cap brokerage stocks continue to move up, and today, online brokerage stocks are starting to move up. Portfolio Changes: He is taking an exit in both the stocks: CMGI and C-Net on the ninth. Right? So, at what price?

400. The quantity was $109. Sell that. Sell this one at $124. And here

the selling price is $2. So, roughly, you can get a 100% kind of return here. A little

less here, and here too, you can get somewhere around 75-80% return on the portfolio. These two stocks have made his portfolio up 75%. Here, the return on the portfolio was 36% in CMGI and 40% in his portfolio. This day, due to

the stock run-ups in CMG and C-Net, I must take profit here at this price. I

will sell C net s triple one dollar triple one and CMGI at $200 out of model People. So, the net split happened. So, the actual price will be $22 per split

People. So, the net split happened. So, the actual price will be $22 per split . Both of these sales are at a discount to where I sold these stocks

. Both of these sales are at a discount to where I sold these stocks today for myself. At a discount to where I sold them in my portfolio, I'm saying I'm withdrawing from my portfolio. I'm looking to redeploy my new cash in other less extended stocks when they break their basis at the live level. So,

this stock went up quite a bit here, and it was able to sell it at $2. I

think this one would be CMGI, and that $22 to $230 was your total run. So, he's

looking for a pause to exit here, which is what we're seeing here. Another stock is also in the same situation. There's a pause here. There's a slight break in momentum . A pause is exiting here. So, the portfolio drops to four

. A pause is exiting here. So, the portfolio drops to four stocks now. So they sold the stock and your profit has also dropped now.

stocks now. So they sold the stock and your profit has also dropped now.

Unrealized profit is just 30,000 left now because it took 75,000. Your allocation

has dropped to 173600 and the unrealized portfolio return drops to 17% at this stage because of the profit taking that was hidden.

So the other stock to consider is Amazon. It is very bullish in Amazon. I am recommending it again, a very big winner for all of us here. Over the past year and a half, the stock is rebuilding its space and is just about ready to go. The stock has created a large cup and handle and is close to breaking its upper trend line. The buy

point is as the stock crosses over the trend line at 13650 to 140. So here they are considering adding the stock now. The next one is Dcl, which is very bullish. He was also bullish on Dcl, although he

very bullish. He was also bullish on Dcl, although he didn't add any more quantity. Dcl had a red day today. Amazon has a muted green day. Dcl

has a red day. PVSN has another day of pause, and the next one is EXTS. It

continues to go up. So, the portfolio update by the end of the day. He has a major portfolio update because the realized gain shot up to $9,800 . Realized gain is 79.80%. Unrealized gain is 30,000.

. Realized gain is 79.80%. Unrealized gain is 30,000.

Unrealized gain percentage drops to 17% because now this high base effect has come into play . Calculated at 179. The portfolio realized is 179,800. The portfolio

. Calculated at 179. The portfolio realized is 179,800. The portfolio

realized plus the unrealized total is $100. The allocation is 173,600. This allocation is 96% invested. The available margin to him based on the realized profit is

invested. The available margin to him based on the realized profit is $186,000. That is,

$186,000. That is, if we double the two 210s, we will get 420. In that case, we only have an investment of about 173. So, it will be far more profitable from the two stocks we are looking at:

about 173. So, it will be far more profitable from the two stocks we are looking at: Amazon and AMTD. So, let's see how these charts look. This stock has formed a cup and handle. In Amazon, they are forming a cup and handle. There were these arrows in it, which they

and handle. In Amazon, they are forming a cup and handle. There were these arrows in it, which they connected and see here. And this consolidation here is their handle. The

next buy point is as the stock goes above this level, so they will buy it at 1136 to 1140. This is the next one AMTD pick. Cap brokerage stocks continue to move up, and today the online brokerage stock started to move up again. The stock had a great run back in January and has split 2:1 three weeks ago. Earnings are what they are mentioning. There are 20 million shares in the float, they

are saying, under old institutions. The stock is ready to break its trend line any day now. The point is as the stock goes above its trend line at $50 to $53. I

would like to note that I think this stock needs more time to waste. But

internet stocks tend to leave earnings to pretty good. Keep your stops two to three points below the trade line. That was the objective. So I will because he is now adding and selling many stocks. So I think that we will go through the trade management part of it. Which is also the last part of the summary that we have, and then we

'll cover the remaining test. Right? So, the trade management rule that he's explaining here is to cut losses first.

Hold gains for four to twelve weeks. Lock partial gains on strength. This is what he's saying to lock in. It's partial. However, he's not doing it there. And sell into a multi-day run-up. If there are big runs, sell the stock in

there. And sell into a multi-day run-up. If there are big runs, sell the stock in . I always sell into a feeding frenzy, like a pick-and-saw. You just never

. I always sell into a feeding frenzy, like a pick-and-saw. You just never know when the big first retreat will occur and leave you with very little or nothing at all. So, he's

letting the stock run. But at the same time, he is observing, he is not taking Profit. He mentioned about locking partial profit, but he is actually not locking it;

Profit. He mentioned about locking partial profit, but he is actually not locking it; he is letting the stock run at this stage. The second thing is how he is managing the position. He is

entering full size at once. There is no pyramiding that we have seen in any stock.

He will pyramid in Amazon, but both the positions will be managed separately . There is no pyramiding in Declik, despite the small allocation.

. There is no pyramiding in Declik, despite the small allocation.

And despite the fact that he is recommending Declik again at a later point.

Still, he is not pyramiding in decline at this point.

Avoid premature selling. Do not sell prematurely.

There is no premature selling in the positions he is actually handling. He did not sell despite 30 to 35% portfolio return. CMGIC Net EX ST click in all such returns. He is not

portfolio return. CMGIC Net EX ST click in all such returns. He is not selling the stock at strength at all. Despite this, he is recommending that there is no specific mention of trailing stop loss. It is just mentioned that if it breaks its rising trend line, a little more or less than 5%, he will sell the stock and

his exit framework is we will go to the exit framework. Now,

in the exit framework, he is basically looking at exit when the move becomes unsustainable. The reason he is exiting is because the stock

unsustainable. The reason he is exiting is because the stock has become unsustainable. Out of 12 stocks, 12 trades that he had, he sold four in the parabolic move. CMGIC Net DL end EXTS out of 12 switched to one stock because of slow movement which is AOL to EXTS out of 12 two have hit stop loss first position of CNET

and second position of Amazon for them out of 12 one exited due to breakdown one they sold due to breakdown which was your first position of Amazon was sold at profit but because the breakdown had happened so it is exited and out of 12 the five positions were offloaded due to bad market conditions there

we are looking at their exit history roughly 4 5 6 7 8 9 10 11 12 I think we sold EXTS though they sold due to market conditions but I think that EX was also parabolic so kind of we can say that they sold BVS an EM&C. Selling due to market conditions

EM&C. Selling due to market conditions can cause significant sell-offs in overextended stocks in unfavorable markets . Because of this, I think he was a bit fearful at the end of the

. Because of this, I think he was a bit fearful at the end of the run, as well, because he had a lot of profit, and reverse compounding was at play. He

was up 1472%, and the profit was dropping 244% in two days. So, reverse compounding was also happening in the market. Perhaps that's why he was a little fearful there. So, due to market conditions, he liquidated his portfolio completely on March 24th. Perhaps because the stocks were overextended,

the final sale would have come in an unfavorable market.

If he had been more situationally aware at that time, he would have paid more attention to the advance decline line and the divergence of your indices.

And that actually backfired on him to some extent if he hadn't based so much on it at that point.

I think that even with the same stocks, he would have made 300-400% of his portfolio in the next 101 days. Because when he sold, he actually sold at the loss. So, another thing I want to tell you is that in bull markets, you experience shakeouts

loss. So, another thing I want to tell you is that in bull markets, you experience shakeouts . Don't be too fair. Generally, let the stocks decide

. Don't be too fair. Generally, let the stocks decide when to exit. He says that he will let the stock decide. But because it's a real- time thing, we're seeing that he will go through a roller coaster of emotions at this stage, right? So, he prioritized market conditions over stock behavior

right? So, he prioritized market conditions over stock behavior and sold everything in that case. But one thing I'd like to add is that when you 're in a bull market, there will be a lot of these shakeouts, and they happen exactly to throw you out of your position. Don't react to the market at all. Let the stock throw you out that way. If you do this one thing, you'll do

all. Let the stock throw you out that way. If you do this one thing, you'll do a lot of fines in the stocks in that case. So, in panicky conditions, what he'll do is wait for 15 to 45 minutes. He'll sell after 15 to 45 minutes. Initially,

we won't offload immediately upon market opening. When the rebound occurs, it's because he's bearish.

Right? The last time the same situation happened, he was expecting a...

The gap down from March 2nd. He wasn't willing to sell on the next one, but because he had taken the ADL line-up a bit too seriously around this period, and the market internals are very much willing to sell the stock at this stage. So what happened here is that on the rebound, he said, "No, I don't want to hold it. I want to sell it

." This was a blanket brief he had decided on the first day,

." This was a blanket brief he had decided on the first day, on March 23rd. So, he would sell on the rebound. So, he's saying, "We'll have a hard shop tomorrow morning." This could be a short lift, because day traders will wait 15 to 45 minutes so that your scared people can exit their shares at the deeply discounted price. So, when the volume dries up after an hour, and

the day traders come in and start buying at the discounted price and rally them back up, I'd think this could be a good time to lighten their positions. At this point, he sold all his positions. If he had simply stuck to his philosophy of the second of March, his returns would probably have been faster, and he wouldn't have had to exit. He may not exit if he's expecting a shakeout

on the second of March. It's a similar situation, but he's not exiting. Regarding the best stocks, he says, "Your best stocks are

not exiting. Regarding the best stocks, he says, "Your best stocks are those that break the trend line and never look back. The more power your stock exhibits as it leaves the formation, the better the stock you want. But he didn't sell if the move doesn't come immediately. If there's no immediate move coming, he's not selling the stock."

immediately. If there's no immediate move coming, he's not selling the stock."

As we saw in D Click, he's been waiting on stocks for eight days. He

's not selling. Despite his belief that winning houses never return to the gate. In most cases, winning houses have returned to him, but he's never

gate. In most cases, winning houses have returned to him, but he's never offloaded stocks. So, basically, if we look at his entire performance,

offloaded stocks. So, basically, if we look at his entire performance, it's clicking on three most important factors. The first factor is how the return on a portfolio is achieved. Your return on a portfolio is determined by two things: your size and how big the move is. If you

look at D Click, the most important point is that he has both size and is able to capture the move. He's using a good combination of both. But

an important element is his stock selection, which can move up quickly. So, he roughly clicks on each of the three engines.

And that's what produces the outcome. Beyond that, I'd also point out their ability to hold a lot of profit. Right? Their ability

to hold a lot of profit is what was the real game changer.

We're done with our summaries. We'll go through the journal once briefly at the end. So, we'll start with the 10th match and then we'll complete the rest. Many of the better-known leaders, like Yahoo and Amazon, were up today, but they seemed to be spinning their wheels instead of making good, real progress. This was because volume wasn't that great. The real volume

progress. This was because volume wasn't that great. The real volume explosion in these stocks today was on new issues. They're looking for a liquidity switch, where their liquidity actually floats. They're looking for that thing instead.

They have a lot of cash left over from portfolio changes on day one. So, they

want to deploy this cash . Amazon accounts for 60% of his allocation, 61%, and is a substantial position. This is the highest ever position he has held in his portfolio.

position. This is the highest ever position he has held in his portfolio.

He took all his cash and invested 2/3 of it in Amazon, putting 1/3 in AMTD because he didn't want to keep cash outside. He took 1,000 shares at $51 in AMTD, as he suggested on the first day. That's a 28% position size, and the overall position size goes up to a risk-averse trade. If we combine this, it

goes up to 4.87%. Many of the better-known leaders like this, we realized that the volume isn't high, but here, this was the second entry above the first entry, the new green lines you see. Today, I will add 800 shares of Amazon and 1,000 shares of AMTD to the model portfolio. I will say that I would like to have seen more price movement in these stocks and more volume. I

may take a few more days. If I don't see this soon, I will sell these stocks and go to the others. And the position update is Amazon 400 quantity 7% unrealized gain. Very little gain is left in D click. Only 2% is left.

unrealized gain. Very little gain is left in D click. Only 2% is left.

The reason for saving 2% is that it has a small size in this case. BVSN is up 4% EXTS has a 5% return on their portfolio. Amazon is nothing special. AMTD is nothing special . So, mostly, they have roughly a 20% return on their portfolio at this time

. So, mostly, they have roughly a 20% return on their portfolio at this time . Which is the unrealized return on their portfolio at this present stage.

. Which is the unrealized return on their portfolio at this present stage.

So, the decilik is resting and could start in the next one or two days. It

is resting in a day or two. It could go up. This is their belief. BVSA

is making a series of higher highs and higher lows. It could go up to $60. This is what they are saying. Stock selection here is mostly doing well. There

are saying. Stock selection here is mostly doing well. There

are not many sellers in EXTS either. It is in a pause situation. And the two stocks that came before were Amazon and AMT, that we already discussed. So portfolio update is this portfolio is still up at 179% here $179800 and here his unrealized gain is $36760

so on this day there was an addition of $6000 in the total portfolio, allocation of $34200 which is the highest ever allocation in dollar value, allocation is 185%, portfolio still has margin left to deploy, margin of $25000 was still deployed, we can buy and if we include these unrealized gains then only

we can buy far more from there, 11th March, another day there is not much addition etc. $38,000 mostly muted day, there is not much change here. Amazon

is slipping a bit and there is not much change here. Amazon

had a red day. This has another red day here. To click, had a bad red day here. This is

going up. Nothing very, very strong at this stage. It's kind of muted, it's not sustaining. Let's start with the muted, kind of muted situation in this portfolio update, where everything is still the same, just the profit has increased by $2,000 , and we haven't seen any major changes here. I'm going through

these a bit faster because when the action does come, it will come back. So the 11th will be, I think it will be a Thursday. So there will be there will be a holiday on means maybe Zagar is having a holiday maybe his newsletter first a very good week this past week for the stock market the DGI and the SNP 500 are finally breaking out of consolidation

areas and moving ahead on good volume many big old cap favorites are on the over again that is what he is observing here on NAST the leading stocks in the leading group the internet continues to rebuild their base there is a pause we are seeing and his position update on Friday is this, at the end of the third week he has updated his position

that he is up 334% I think yes I think it is a it is a Friday so he has invested 334% 39000 his portfolio has not grown much in this time the profit he had taken of CMGI & C net was the same in this time and unrealized profit is just 71% there is not much change here Amazon He's

testing his trend line, saying this without any volume.

This is similar to CMGI's action when he's breaking his trend line and testing it. He's saying this point is almost at his stop-loss

testing it. He's saying this point is almost at his stop-loss . However, if he keeps his stop-loss at only 5%, he'll move away smartly. This

. However, if he keeps his stop-loss at only 5%, he'll move away smartly. This

is his expectation. Delic has a very good jump here because of the 2:1 stock split, which takes the stock up $24 to $131. The split

will happen on the first of April, and the stock could go very high. How much higher is anyone's guess , but based on the way Sentinel behaves on its split, running up to some 80 points. I

can only hope for a close. He's expecting the price to go much higher from here, and there's also a volume pickup. BVSA, which is another stock in the model portfolio, also has a very good positive outlook. It is also continuing its upward descent and is moving another point higher. EXTS looks very strong and needs time to retest to rest after vaulting 30 points from

its base breakout. They are watching it and they will look at it and ISSX.

They haven't been able to buy ISSX, but they will observe it there. They

consider these two stocks together as a group company, like sister stocks. AMT

seems to be behaving differently, having difficulties getting going. It is facing challenges in moving higher. It has a strong chart pattern. Therefore,

getting going. It is facing challenges in moving higher. It has a strong chart pattern. Therefore,

I will give it some more time. That's saying, and the portfolio is still up 21%.

No significant changes here. Just add in this high value, right at that time, even if you see there are other stocks which were obviously moving up.

He's still being very clear. He's not shifting stocks. He's still being very clear on his structure on his positions. He's not taking ad hoc decisions. Once

he's put in an all-or-nothing kind of trend, right? He's still stuck to it. Despite

three or four days of passive movement, not much has happened.

Okay? Even when there were some market falls, some of those stocks actually came back very close to their cost and then he still held on to it. This is literally got a very aggressive management on a magnitude trade.

Yes, yes, very much. So this brings the total value to 371,000, right? Here he is saying that the total value as of today

371,000, right? Here he is saying that the total value as of today is 371,000. With the total cash value of the account now at 215, this brings the total

is 371,000. With the total cash value of the account now at 215, this brings the total buying power to 430,000. His investment plus unrealized cash is currently worth 371,000, and the total cash value in the account is 25,000.

So, he has a total buying power of 430,000. He wants to deploy 59,000 because he is very aggressive in deploying capital, so he is looking to deploy this 59,000. He prefers stocks like Ensol or Seek this week because of the way Ensol is moving. So, in the stock

selection for the weekend, he is currently looking at Seek CMVT and Ensol . So, the basic reason is a prior big move back in January, when all the internet

. So, the basic reason is a prior big move back in January, when all the internet was going up 30 points a day. The stock has held its proper position for at least six weeks, and over the past few weeks, it has been acting pretty risky. As you may know, this company has partnered with Dny, which will be advertising the company heavily in the coming

months. So, they are looking at this as a potential revenue increase. The buy

months. So, they are looking at this as a potential revenue increase. The buy

point is when the stock crosses over the time between $83 and $86. The other one is CMBT.

In that, we see a bit of a cup and handle. The stock has a tight horizontal formation. The stock has corrected. The group is strong. And they

formation. The stock has corrected. The group is strong. And they

build telecommunication systems and related items. There are 42 million shares in the float, and the company is never oversold. Revenue

has increased by a significant 27%. Earnings are up 59%, and the stock is forming a nice cup and handle formation, they say. The buying point will be when the stock crosses this level

they say. The buying point will be when the stock crosses this level . The next stock is S. This stock is making another attempt to reach its old high

. The next stock is S. This stock is making another attempt to reach its old high set back in late January. I never thought it would do this because it has a monopoly on internet domain names. Because its monopoly internet domain name

domain names. Because its monopoly internet domain name will expire in a month. So it's not very positive. They believe the trend could change. Maybe that's

why the institutions are driving the stock up, so they can unload their shares in a freeze. So they're saying they want to sell their shares in a freeze

freeze. So they're saying they want to sell their shares in a freeze . At any rate, the stock is on the move and is set to come out of a cup and handle

. At any rate, the stock is on the move and is set to come out of a cup and handle formation. The buy point is when the stock goes over the trend line and I have for you the

formation. The buy point is when the stock goes over the trend line and I have for you the attached chart and 224 to 220 so an interesting case this is a very interesting case actually what I was also paying attention to so he believes that even if the institutions are unloading their shares right because of the frenzy even if the stock is going up because of that

I will still buy and I will make money out of the climactic action that comes how many people are too fearful of the climactic action saying that it is the institutions that are pushing the prices apart to unload their shares. Therefore one

should not buy the stock in the climactic action, right? See how he is utilizing the climactic action to make money because he believes that only when the stock will pause and collapse he will take an exit from there. He believes in this thing. This is something I feel is very amazing and very counterintuitive compared to what we had learned up until now in most of the conventional training systems. So

this is a very interesting point he's making here. March 15th. This is

January, this is Monday of the third week. This is Monday of your fourth week here. Another

tremendous day for internet stocks today. One of the things to happen to our beloved internet stocks is the internet index, which just closed to new high ground.

This tells me that we are on the path of very large consolidation of stocks over the next three to six weeks. I also see that many of the stocks that were a big part of the rally back in

weeks. I also see that many of the stocks that were a big part of the rally back in November and December are on the move again. So it is a very positive, but I will say that the volume is very low compared to what it had been. I will not add any stocks to the model.

The portfolio is trading as expected and passed the buy point with its gap up today with no chance to get in. It moved into the zone but has no volume and moved below the zone. After

moving back into the zone at the end of the day, CMBT needs more time. He is not adding anything . He has a good gain on his portfolio here. I think he was

. He has a good gain on his portfolio here. I think he was somewhere around 36% up. 36,000 up. Now he is 56,000 up here. We are seeing that his portfolio has made a good gain today. So, let us see what contributed. It is slightly positive in Amazon because he has a very big

contributed. It is slightly positive in Amazon because he has a very big position in Amazon here. Roughly you can see he has a double position and he is, meaning most of the 84% of his portfolio is invested in Amazon. So if it goes up even a little, there will be a very large impact, that is seeing here, it is doing a very good rally and the close

is at the high, this is what they say, here in the DD click there is another 11% up but the close is muted, PVSA continues to go up and makes money for him and EXTS still is in positive and AMT still looks sluggish but it would appear that the market

is more in love with EGRP, at this point both are sister stocks who were in online broking, so they are watching both. Still has a very positive chart pattern . So their update is that it is up, it has a 31% unrealized gain earlier, I think it

. So their update is that it is up, it has a 31% unrealized gain earlier, I think it was 20,000 last year, and now it has a 31% unrealized profit. If we add realized plus unrealized, it is up to ₹36,000, a margin of 25,400. They have

a history. He is looking for a stock called BCST brodcast.com , and now its drawdown is worth watching, how much it is consolidating from the top down, and what a strange chart pattern, and even the cup, the place where it is looking at the cup, it was quite surprising and kind of borderline, is

stupid, as well, I can see a cup here, so the stock selection is broadcast.com, a very good mover last year. This stock may be ready to get up and move again. The stock

has created a nice long handle of the cup and tomorrow could be the date moves by point is as the stock goes over the trail line at 95 to 95 it seems Chirag has made up his mind to buy the stock and then biting yes yes yes yes yes this is not a cup because from the back you can see how big the consolidation is, from which corner it can be a cup.

So, the next day in March will be a tough day for many stocks. Today, many of them again. Many people

think that 1999 was a very good market. So, get a feel for it. Another very tough day. Many of

the very extended internet stocks were up 20 to 60 points in just a few days.

We were hit hard early on. Most of them now have very sorry owners. This is why buying at a trend line break is best for consolidation. So, it's good to buy. A

green day is on high volume, but a muted green day, which is actually selling, shows that there is even distribution. If we

look at each day, we can see how much your volume is increasing or decreasing. We can see that the volume is dropping on your green days, or the volume is dropping on your strong positive days . And your volume is increasing on your muted or negative days .

. And your volume is increasing on your muted or negative days .

Which is a very bad thing. This heavy selling today will only help us in our stock selection going forward. It will create some basis and formation in which we can move into these stocks very effectively and safely in the coming weeks.

So his portfolio shot up from $56,000 to $0,000 here and I think EX has moved up a lot here. He has 13% unrealized profit. And the rest of the new buys are both muted. They are not doing anything special. And they are consuming a lot of capital collectively. I think he has consumed

as much capital as this four . So Amazon was up in the same fashion, only to sell muted.

The decline here was down just a few points today on record on reduced volume as it consolidated before turning and running again for its second stock split. So, it should play out another stock split, suggesting a run back.

stock split. So, it should play out another stock split, suggesting a run back.

Another stock that was moving well was DLIA. We'll look at DLIA next. It

has a very nice and tight horizontal base today. It moved up two points to $222.

TLI is not something we're seeing right away. The basic point here is that VVSN has a similar pattern at the $42 area before it moved a nice 50% move in just a few weeks to $65. So, they say that the characteristics you see in DLIA right now are also visible in PVSN. One of the bright spots today was

One of the model portfolio stocks, EXTS, is leading your market here and absorbing pressure from risk stocks. Record

volume is high. It was up as much as $20 a day, but is closing at $14. The stock

is very extended, so I can't buy it here. The big run-up in this is this session. So

if you want a fast chart, then sell AOL. So I hope that stays in this way. M TD and ERGP are doing well. Again, it's a muted day. Nothing

special here, reduced volume, etc. Here's what we're looking at. So,

16399 is still at the same level. No major

changes in their positions yet.

One week of passive movements and still no action both on the portfolio market.

Yes, today is a loss on BTST. Maybe

they took BTST in their personal portfolio. I don't think he ever recommended Portfolio Pay or Model Portfolio Pay. If you cut your shot, you won't feel so bad when you hold your winners like CMGIC Net and EXTS for many, many, many points. A $5 point loss is all part of the game. Hold your

losses to a bare minimum and hold your winners for four to 12 weeks, or even for very large ones. Sell some on the way up and sell into large multiday runs to lock in your profits on these fast movers and cut your losses fast. So he is looking at this stock called DLI on this day. So this is the stock we can see a bit of choppy action

. This is the kind of action. He says there is a night and a tight horizontal base. I think

. This is the kind of action. He says there is a night and a tight horizontal base. I think

this is the horizontal base that he is looking at. Today I moved up about two points. It

went up to $22. The stock could get as high as 25 because it needs to before it needs to arrest.

I think 25 will be the limit. These types of long-term basis stocks are some of the best to buy from. They show strong institutional support through tough times in the market. PVSN has a similar pattern before it made a nice 50% move in just a few

market. PVSN has a similar pattern before it made a nice 50% move in just a few weeks.

So, March 17, 1999, another rough opening today, and a bitter, non-stock, another day of choppy action today. So, he is exiting the portfolio by completely liquidating both quantities of Amazon. He

is taking the second quantity at a loss of $5,600, which is the larger quantity he bought. The first one had a profit of $1,800. So, he makes a net profit of $5,200 here. Amazon gapped down on little volume and undercut support at the $130 area. I had to sell it from my account and the portfolio account, it may return later but now I am out.

So I sold it. There is a loss of these points. There is a gain on the quantity of $400.

So by combining both, he has a lot of cash left which he can deploy.

Because he had an investment of Rs 1.5 lakh and Rs 150 lakh in Amazon. So the portfolio remains at Rs 183400. His current investment was Rs 33 lakh something. There is also a gain of $347 something $55,000, which is 30% above, which is the unrealized return on the portfolio.

There was a good run on Declik, only to settle a little low. There was a good run on Declik, so PVS has also been muted. And here you are discussing only a few stocks that are making new highs, in which Declik and this are also coming, your EXTS is also coming, and AMT head inside, nothing particularly positive. And but the

portfolio, I think, was at 55,000, I think at 60. He took the profit on Amazon, the allocation dropped to 99,000, and your portfolio now roughly reaches $240,000. It reached a 140% return. One challenge he is facing right now

reaches $240,000. It reached a 140% return. One challenge he is facing right now is a lack of good stocks. I think this is because since he sold Cnet and CMGI, he is not finding many good stocks to deploy the free capital . I am looking at three stocks today : SU & W, CSU, and CMGI once again. So, this stock is now living in a nice area

of ​​consolidation. They're looking at consolidation here. It might look like a cup.

of ​​consolidation. They're looking at consolidation here. It might look like a cup.

Volume is needed here. There are also some large companies. Float is high.

This is the cup and handle of VIX, which they're looking at. If the stock breaks out, they'll buy. Volume is drying up here, and CMGI is

they'll buy. Volume is drying up here, and CMGI is doing a 2:1 stock split. This will be a delight for many. Another stock is VIX. It also announced a split in VIX. It will come in mid-April.

VIX. It also announced a split in VIX. It will come in mid-April.

Therefore, they want to buy both stocks. March 18, 1999, so no major additions on this day, no changes, but the portfolio shot up. I think $10 was added here to your portfolio.

Pay I think exchanges have taken a lead on this day so this is Dick has taken a lead Dick is also moving up PVSN is muted EXTS is moving up as well and another muted day in EMI day I think this is this is a Thursday May B and if we look at his portfolio right now the unrealized gain is $35,000 portfolio which is currently giving a 150%

return Pay $250,000 at this time and 99% is invested right now 19th of March 1999 is the end of your fourth week that 19th of March 1999 I think fourth week yes end of fourth week so Friday saw triple witching option expiration and stocks hopping all over the map another red day on high volume another

part by the end of the day many stocks were closing lower other than a few of the ultra hot internet stocks all in all it was still a very A strong week for many of the stocks listed here, but if we look at his portfolio, he was basically struggling a bit at this stage. He sold his pick on the 19th because it started to become parabolic at this stage. Because his allocation was low,

the impact was minimal. Otherwise, it would have been a very massive impact. He easily

would have earned a 36% return if he had invested correctly in that. This

was up 100% in two weeks and then fell very sharply. That's why he's saying that we want to sell stocks in feeding fries like deals, because you never know you might end up empty-handed. Additionally, it is adding value, which was also his observation in the first two weeks. 48% allocation is capital

and 2.22% is risk on the portfolio. We never buy a stock in the first 15 to 20 minutes of the trading day. This time is reserved for the unaware retail crowd that can't wait to buy a stock. The market makers know this will often gap up a stock and show high bits during this time to trap you into buying the stock, only to have it drop in just a few short minutes.

So 90% of the time it is best to wait until the volume has pulled off to see what is going on. I then check to see if stocks are moving up and monitor the volume. Try

on. I then check to see if stocks are moving up and monitor the volume. Try

not to get carried away with the gap up in the morning and the higher opening price.

Learn to wait and see if the volume is sustaining and the move is going up. So he's

saying that he's seen the same action on ATHM UBIT and some other stocks . As a result of this Friday's action, he added ATHM to the model

. As a result of this Friday's action, he added ATHM to the model portfolio, as he said on Friday's later. I personally bought this stock because I have all of the model portfolio stocks as they cross the trend line and turned it into the buy stock. I will post the buy at the same price I paid for it ($127).

stock. I will post the buy at the same price I paid for it ($127).

The update is that his portfolio had a very good day, actually reaching $74,947. I think last time we saw something around $60,000. So

reaching $74,947. I think last time we saw something around $60,000. So

, this was because it continues to move higher. In this

case, he's already sold. And

it's a good thing that both of the stocks in the model portfolio during this time, AMT Day, are still muted. And the portfolio update is that he has a 37% return on his $37,000, and his portfolio is up 1772% so far. 175%. That's actually what he's looking at. And

here he'll say, "I think there will be some costs, etc., so that's why it's calculating only 172%." The model portfolio is now up 172% since Inception on F22, as you

only 172%." The model portfolio is now up 172% since Inception on F22, as you can see holding stocks that aren't trading in and out. So he says that he can book some profit when the stock goes up, but he is now saying that he has to pull in and out of the stock, not buy and sell, which he actually practices. We also don't do options. We

are selling stocks as they run up in price, and we are cutting our losses at 5 to 7% below the original purchase price. Add the $72,400 to the original $100,000.

purchase price. Add the $72,400 to the original $100,000.

This gives me a total of $270 to $400. Since this is a margin portfolio, he can buy or buy stocks worth $500,000. Subtract the invested amount

worth $500,000. Subtract the invested amount , which is his investment plus unrealized gain. This gives him a purchasing power of 217,800. And he is saying that you will put all of this into the portfolio next week . Ideally, I could have used up to 5x margin,

. Ideally, I could have used up to 5x margin, but I only took 2x leverage, and 2x isn't that high. Even considering Indian conditions, it's not that high.

Yes, I was looking for a margin, which was much higher. If you look at it in 99% of cases, then 2x is actually the case.

Quite an okay margin that he has used. Yes, yes, yes, so he is looking at weekends at A lac Ubid and night. He

is watching these three stocks. This is the largest TV cable operator. One of the strongest in the stock market right now with a ranking of 94 out of 99. Revenue is up. But earnings

are not yet there. As with all companies, revenue is up 40%. And the company is now on a buying bench acquiring another cable operator. He may buy another cable operator. So

he is also looking for a catalyst of sorts. The float here is quite low. Therefore,

the stock can easily move up. So, don't expect big moves here. This is what he says because I think your ATR will come down due to this. The stock

is not very explosive. This stock is for the person who wants good returns but may not have time to look at stocks every minute, just every hour, and so they can't watch them continuously. I think there is a very low float, but I think that may be because

them continuously. I think there is a very low float, but I think that may be because I think the stock is a bit more persistent in nature and is lacking absolute momentum. That's why he's saying it's highly volatile. So this is another very unusual, very surprising, and terrible stock. Actually, this stock was one of

my picks back in mid-December. In just four days, the stock reached an unbelievable price of 189, up 33x. Of course, as with most stocks that run up to extremes, the stock collapsed back down to more realistic levels. It runs ubID.com, which sells computer products. Revenue growth is very good, with last quarter

revenue up 41,000% to $24 million. So why can revenue go up 41,000%? Because

it has a low base. That is the reason. The quarter prior to that, the revenue was up 15 million. There are only 1.4 million shares that float on this stock, which explains the quick rise in this stock back in December. The base is long and tight, which shows a nice accumulation even during tough times. The buy

point is at ₹81. Do these types of stocks come under the radar a lot going forward? Yes, yes, yes, yes, I had seen that other stock. This is their mid-week update. I gave you this stock in a mid-week update two weeks ago when the stock was

update. I gave you this stock in a mid-week update two weeks ago when the stock was at 38. It has reached 60 from there and has been resting here

at 38. It has reached 60 from there and has been resting here for eight days. The stock is in a very strong investment brokerage group along with stocks like AMTD, EGRP, SCH, and others. Earnings are up 83%, revenue is up, float is low, and it is also under-owned. This means that institutions

will want to buy, and this is a new issue, only 8 months old. So, they

should buy this stock on this breakout. Now, there is a strange breakout area here. There is no reason for it, but he wants to buy it here. March 2nd, the Monday of the fifth week. Let us see what happened. A wild day today for many stocks that I follow closely. Many other

what happened. A wild day today for many stocks that I follow closely. Many other

stocks that are due to split 2:1 like EXT ST click ATHM and SOLD were up strongly today until the last hour. Also in the next half an hour, all of the stocks came down hard and first. That kind of situation is seeing here a pressure. The

internals of the market are now not looking good. Right now, the advance decline line is making new highs, new lows, and a host of other right now are also making many of the previously leading stocks are lagging. I would also like to note that we are close to a nine-month cycle top in the market. They

are looking at some kind of 9-month top. What they mainly do is that the peak formed from here to here will be formed in 9 months.

Calculate that thing. Analysis saying that correction will come every 9 months. No other logic. Yes. So he says, believe it or not, but corrections happen every 9 months. He added a company called Seek here.

The allocation is 30% and the risk but rate is 1.52%. As you know, I bought Infosys today as it reached a new high of its handle at $87. Through intraday email alerts, he is adding it to the 700-share model portfolio. In the position update, he says that

currently he has $34,800 invested and 71% is his allocation at this time. He has 35% unrealized gain. So this was the BVS, a big red day . Bad day, bad day and again. What he is saying here is that you had a bad day and he is

. Bad day, bad day and again. What he is saying here is that you had a bad day and he is saying that many stocks are closing down. And he is writing it as ouch. Here, another muted day, another very bad day and he has updated the portfolio to say that he is still up at 35% gain. His portfolio gain is ₹27,210

. He is up 1172% at this stage. He has 156% of his allocated income.

. He is up 1172% at this stage. He has 156% of his allocated income.

Up 86% (86400%), how much margin is left. March 23, 1999: A very hard break today in all groups on both NYSC and NASDC. All leading

groups, and many other indicators broke today. This came very quick and fast.

Probably the fastest I've ever seen in as little as two trading hours starting from late yesterday. The market goes from being very strong to going into correction mode. This is a huge breakdown. There's also a volume pickup. If

correction mode. This is a huge breakdown. There's also a volume pickup. If

you look at the last three days, there's a volume pickup. And here it 's breaking below support, which is their 23, 21, and 28-day moving averages. We're watching that . And until the market crosses above the averages, they're suggesting an all-cash position here

. And until the market crosses above the averages, they're suggesting an all-cash position here . Now see how this backfires. I'll show you what happened to the stocks he

. Now see how this backfires. I'll show you what happened to the stocks he was holding and tracking after this shakeup. Basically, a point of possible interest to you is that the advanced decline line is at its 25-month low. That means this is the low from here. And when a person is bearish, he sees everything bearish here. This means that

the majority of stocks in the stock market are back to where they were in 1997. Let's talk

about a bear market. And the question they're asking is, what two times in the history of the stock market has the advanced decline line come south and such a law when major averages have gone to new highs? The answer is October 1929 and October 18, 1987. We're

thankful we're not in October, but they say such a crash is expected. So, what they started with on the 2nd of March was that the Advanced Decline Line

is expected. So, what they started with on the 2nd of March was that the Advanced Decline Line was in a situation that still sticks, it came back to life, and he still says we're in a bad situation right now. So the update is that we may get a hard shock down in the morning tomorrow. This could be a short lift. Day traders will wait 15 to 45

minutes for the scared to unload their shares at a deep discount when the volume dries up after an hour, and so the short traders will come in and start buying at these discounted prices and building them back up. I think this would be a good time to lighten their positions. They're basically bearish, and so while they were looking to buy on the 2nd of March, they're now looking to sell. This may be because

NASDAQ had a big red day and their averages have also been reached. The position update is that his profits have dropped significantly on the portfolio. It

was 70000 sort of something. 7075000 that reduced to 51960 C. Actually if you look at it, his stock should have taken a hit but he is still holding so let us see what happened.

Red day here in BVS, another red day here in EXS, another red day here in AMTD, another red day here is ATHMA, another red day here in C and should have exited at 81. I

don't know why it didn't and the portfolio update was that unrealized gains dropped from 35% sort of something and reached 25%. The realized gain is only $1 lakh 1600.

And if you look here, currently he has 156% allotted on the portfolio. And the portfolio is currently 152, which means he is getting $12% return on the portfolio. I really thought we'd get into the earnings season before we were hit hard. So what do we do now? Get out of margin if you're on margin. I would use

hard. So what do we do now? Get out of margin if you're on margin. I would use any strength I could find to unload shares of anything that I said today.

Sell your weakest stocks first, and maybe if you are not on margin, hold your strongest stocks a little longer. And do you tell if your stock is strong? If it

keeps trying to rally today after each wave of selling? This doesn't mean it won't go down further, but it may mean it will come back when the market turns. I would not want to tell you to sell a stock that you believe will come back, but how will you know that if it will, it can go sideways? There was the final day, March 24, 1999, 23 days since my assumption of

portfolio, and what happens today? He basically exited everything that he had because he predicted on the prior day that I will sell all the shares at this level, and on the 24th, he basically liquidated everything that took place. $4400

as the profit which was his remaining profit, he realises 44% return here.

So again you can see that many of you do not like selling into weakness because you are selling at a situation where you can say that when you are exiting, you are spinning high and you are selling off the mark. If you exit at 172%, you are very happy. If you are exiting at 144, then you might

mark. If you exit at 172%, you are very happy. If you are exiting at 144, then you might not be that happy. But how did 144 come? It came from this thing because you let go of some profit.

That's why you got 144% return. They liquidated the model portfolio . Exited at ATHM 139. PVS 60. These are all exit prices and they

. Exited at ATHM 139. PVS 60. These are all exit prices and they will give a total on Sunday. They are saying so. These are their exit prices. These are the exit prices. This is the breakeven point. These are the exit prices.

prices. This is the breakeven point. These are the exit prices.

If you look here, the peak risk on capital right at any time was say what?

10% kind of 10% if risk free if suppose he takes even two he has not re he stop losses let's take anyway between then 10% kind of at the end he has roughly lost about what 28% that is 3X so as he kept on going into profits right we was surprised that he took in an

initial 10% risk but actually risk on profit and if I see on the whole portfolio right has only kept on increasing because he has not booked any and he has just kept on adding positions based also on this unrealized profit we correct so initially when day one day two he

took that 9% 10% risk right that was just a starter we he has gone out with such a strong objective on his portfolio and with such a strong conviction and patience we okay that if he Actually go back again review and see from day one to day here right there is nothing extraordinary

which he has done on entries and means stocks or some only has just been fantastically focused on only the top top sector and within that I saw stocks and no one sector stocks came hi nahi hum log ke paas financials aaya h na pharma aaya h biotech kuch bhi aaya it has only been one sector different sub segments of the same sector which very

strong conviction and risk that it is not at all getting scared of any agar dead ho gaya beech mein or pullbux aaya my 510% movement is like means very normal with this. So any volatility and drawdown, if you see it as a tool,

with this. So any volatility and drawdown, if you see it as a tool, it's actually not a flop. Yes, and one thing you 'll observe a lot is that in his case, if you look at the charts, they're not making money at all.

It's not the setups that are making money. The setups are mostly stupid setups. The stock selection that he had done was fantastic, and mainly the way

setups. The stock selection that he had done was fantastic, and mainly the way he positioned himself. What was he willing to let go when he took 10% risk on his portfolio? Right? By "he was willing to let go," you can mean he's willing to take risk. He's willing to let go of whatever capital he has. But

he wants all his capital to be deployed on day one. One thing I really liked is that he is consistently over 100% invested, on an average, 1185% invested through the entire journey. That's what enabled his performance. For that, he took the high risk that

entire journey. That's what enabled his performance. For that, he took the high risk that was required. Right, and the second most important point is he is consistently

was required. Right, and the second most important point is he is consistently holding the gainers, he is not selling the gainers. The third, lower level inside, what came out of this was that they were seeing that you have a stock that holds domain names, those domains will expire, and institutions will push the price up, and

because of that, they were buying the stock. They weren't sitting around in fear. I think it is a dare, it is a vision, clarity of vision, what do I want, am I ready to let go for that, his strategic thinking at this point I think it is beyond, means beyond the level of what a person can imagine,

so MTD again here his exit was this was exit in ATHMA and this was exit in C, so the final numbers are here, from the starting capital of $1 lakh itself, the realized gain was $144700. There was a return of 144% . Total portfolio at the end

. Total portfolio at the end was $44700, his final $44700 and if he takes margin in future then it is $89,000 because his journey did not end here. He keeps on going, he redeployed the capital

and he was up 600%. By following the same principle, he was up 600% as I know by the end because in the end, his portfolios etc. were not available from some places, which you can see because those files, I mean you can say that there was some uploading error due to which they were not available and he

had created some images and shared them. Otherwise, it would have taken more time and I wanted to go deep in this entire 23 day run, so I showed you each day, maybe some day I will go with a brief understanding of what his total stocks were and perhaps this journal of ours, we will go deep into that and in this journal, I will add his future trades and

if I get them with that clarity, I will add them and we will go through them.

We'll do a webinar next time to discuss what happened after this.

We'll cover that in that case. So, let's go over what exactly happened after this bad day. You can see that day was basically the 24th of March. And I think he was mentally prepared to sell. If he hadn't been prepared to sell, he might have

to sell. If he hadn't been prepared to sell, he might have been a little more prepared, perhaps because of the previous day, to sell in panic. But

in most cases, if you see a suck, it basically starts with a suck. Where

did the suck go? I think it's likely that if he wasn't running a public portfolio like this, like a model portfolio for this later, he wouldn't have been looking at the 24th, and this recovery is happening, and one of the good runs is coming from there . He's caught a lot of action. From here,

. He's caught a lot of action. From here,

there was a very good run that he could have gotten here, and he would have made a lot more money. The break came here. There was a sharp break after April 14th. But what

money. The break came here. There was a sharp break after April 14th. But what

happened was that, in a way, profits are dropping in his portfolio due to many factors.

Some stocks are not being sold well. In the latter half of the year, he is not able to fully deploy the capital that is available in that case. Secondly, I think the nine-month cycle is on his mind. The advance decline line is probably on his mind. So, all these things have significantly affected his views. Yes, Manish ji, you can ask.

Given the way he must have redeployed again in the next two days.

Yes, yes, I also believe in it, but the point is that he is saying that if his 20-day average goes above 21 or 23 or 28, then I will deploy. So, understand that this is roughly what will happen. Yes, yes,

because when they are working with such high leverage, they have made a rule for themselves. That rule was broken. They exited. Then, the very next day, they must have entered again.

Yes, yes, yes, they must have done exactly the same thing. So I will go into that.

We have been preparing for this session for a long time because we wanted to go into it in great depth. Because this framework that we have created on Bombsicle. It gives you a rough idea of ​​what their trading plan is.

In a way, it gives you everything about that. It is a summary of everything. So,

we wanted to go really deep in a month's time. But maybe someday we'll do a second part of this, and maybe after that, we'll also go through his trades from 2000. That's what caused the drawdown in that case. But the

point is, today, I think a lot of people wonder how Dan Anger made his money. People look at him in a lot of ways, but no one has looked at it trade by trade yet. I think his investment philosophy has become quite clear to us here.

And we actually also have a lot of stocks which he has not entered but was considering because that's what happens at times, Manish. You are considering 10 stocks and you end up choosing between them, and half the time, the doubt is that you have chosen and entered into the right stocks out of your watch list. Okay, if across right, he has been very,

very active day to day, he has not taken the ice of the market even for a day, correct, he is continuously tracking the same center. If I go a little deeper, if I look at the intraday newsletters, he would have literally seen the intraday actions.

How was the morning action? How were the evening volumes? How was the close? One, correct, what I understood is he has maintained a very high attention tempo over the one month. Okay? A lot

of it. Obviously, we could not cover it in the presentation also. But a wipe was this. He

was very, very focused, very leveraged, very, very confident of it. One thing I did not understand is that it is a gamble, but it is not.

Or that all these stocks of his were 12 million, 15 million, 20 million revenue stocks, they were micro-cap stocks at that time.

I mean, in our framework, we say that there should be institutional interest. I will go into that stock. The low float is all fine, institutions should be interested, but no institution will go into such a microcap. No one was a rider at that time. Manish, this was a very thematic stock, right? You are looking at 99 markets. Okay, so now

compare it to something like an AI. Now, if you see that, I see plenty of AI microcaps.

Stocks in the US markets right now. Correct, so one theme you're seeing, right, one argument that you can make is that we don't have such a big theme, teams unlocking in the Indian markets. Okay? If I go back to 99, what were our Indian tech

Indian markets. Okay? If I go back to 99, what were our Indian tech stocks at that time? That time, Infosys, TCS were still very small. That is where they were actually having their run.

Even if you look at the 90s, a lot of the big investors and traders who made money were making out of such popcorn stocks which went up a lot and then went down also with such magnitude. Why to pick it?

The world hasn't changed much in 20 years. As of today, the quantum and rare earth stocks are similar to these charts, we can literally replicate it today, right? We will probably go back 70-80 years from now,

today, right? We will probably go back 70-80 years from now, or what changes? Now look at this Manish, when we started, right? What are we trying to think if Zenger was in 2026? Indian markets, okay, he would not have done something which was very different, he would have still gone on to your top 1% sector stocks and

still gone in with a lot of leverage and risk.

Hum log to bahut saara unnecessary noise ki rahe hain na, 100% cash pe aa jao aa mein to aur do risk free do, all of that sounds great, okay because you can't argue against it, and that is exactly where the flaw is, also line , or okay, that is a very appropriate argument for

getting median and a median line of return. Because you can't argue, what would you say, the market is falling, I have a risk, I'm going to cash, okay, your risk appetite is fine, two hours have come, sell half, go up, your risk appetite is fine, you can't really argue against it, right? But what it actually does is it takes confidence and

conviction out of your own system. One and second, it completely disintegrates from what you are actually trying to achieve out of your life and trading, and that is what we are trying to achieve here right ? Is it difficult to see this chart setup? I mean, as a five-year-old, I'll show you one more short chart of this type. Manish,

? Is it difficult to see this chart setup? I mean, as a five-year-old, I'll show you one more short chart of this type. Manish,

can you identify it?

Or yes, yes. Okay. So let's go to all the stocks

yes, yes. Okay. So let's go to all the stocks once. Let's do a rough overview of each stock. Roughly, there was an exit here. This

once. Let's do a rough overview of each stock. Roughly, there was an exit here. This

was the run that came after that. And this was the breakdown when they had a really bad breakdown in April. Amazon was another one. I don't think Amazon actually traded that well. It was very deep into the base, but he bought it, and I don't think it is even that good. But if there had been some possibility here, it would have had some

run-up. STc is having a very good run. I think it could have been bought. This

run-up. STc is having a very good run. I think it could have been bought. This

is a stock worth buying here. Maybe he would have bought it later because it's a no-brainer kind of stock. And CMGI was a huge gainer for them. Again, a huge gainer here. Day trading had a massive day. So, as

gainer here. Day trading had a massive day. So, as

you can see in most of their exits, which are the white lines, most of the stocks haven't gone down after that. Most of the stocks have gone up after their exits . But if he sold on the fringes, it's okay because he was

. But if he sold on the fringes, it's okay because he was n't holding any of the five stocks he was holding . He was holding BVSN. He exited here. Nothing good happened after that.

. He was holding BVSN. He exited here. Nothing good happened after that.

He probably would have held EX. I think if I adjust the split from here, that will look good. Let me adjust the split because now I think we took the session right. So, if we adjusted the split, we might have had a good entry. This is a bit off the mark. Whatever your

entry prices etc. went down 50%. I'll adjust them later.

And the next stock is MTD. He exited. A huge vertical run came from here. I think if we draw a straight line from here, even according to the Anger Zone Principle, this looks like a good stock.

At this stage, something like this has a very vertical run-up. It

's a very good stock. ATHMA has also had a good run. Exited it

here on 24, I think, and it was a terrible stock. So, out of five stocks that are sold on 24, I think two were bad, and three had very good vertical run-ups. But I

believe they must have bought these stocks back. I'll go deeper into what they have done. So,

let's go to a brief, you can see, summary of something here.

Or if we go to the charts, first of all, this is his unrealized and realized PNL. This is his realized and unrealized PNL. This is

the realized PNL in green, which matched at the end. And this is his unrealized gain, which he once had on his portfolio. This is his allocation.

It shows how much he has allocated to his capital. This is the risk R multiple and the risk percentage on his portfolio. His R multiple is the risk percentage that you see in the white line. And the R multiple is what he earned. It's quite a lot in CNET. It

's quite a lot in CMGI. The size of the trade is small, so he generated a lot of returns there. And if you look at the last three or four trades, they did nothing. Actually, these trades after XTS are not doing him any good. And this is the move in favor that you see in green, which moved in favor. So, we

are looking at three big tall tasks. One is your CMGIM, the second is your Diclik. The third is your CNet.

The fourth is EXDS. Perhaps if the market doesn't shake out, EXDS and BVSA would have been a big year winner in that case. So these last four trades didn't perform well here. Okay. I think Anurag, would you like to add something here? Or I think you can come to the journal once, Chirag.

here? Or I think you can come to the journal once, Chirag.

I really want to show something just when every time you scale up. Okay? Now, if you see the total gain that he has done, right, it's what? $14,000.

Okay, if I just take the top three stocks that he has taken, if I take an addition, let's say CMGI, which is 36,400, then let's say the amount comes to the amount level. Let's go to this one at the amount level.

Or, the total gain is obviously 1447. Okay, let's keep the color. Let's go. Okay, either

take the top three additions. 36, 400, 39, 200, and 28, that should be roughly 100, and 200.

What's the total? If I add these three, how much? Roughly 75, roughly 13,600

how much? Roughly 75, roughly 13,600 , or 000. Right, so 70% of his returns have come from only three stocks. Okay, and this will always happen. The moment you're going very heavy on risk, leverage, and Now we are holding

happen. The moment you're going very heavy on risk, leverage, and Now we are holding the stocks, so his trade management, if you actually see, right, it is very aggressive on a magnitude trade, but on every one of the 12, 13 trades which are there, he has gone in probably with the same risk and conviction as everything else, if you

also look at the gain and loss, right, the highest which is there is from about 84%, if I take and say a 5 to 7% kind of a portfolio, that is what roughly about a five, 12 to 17 are kind of a gain on that size. Okay, which is not which is a good gain, but it is not something which is very extraordinary and difficult to achieve.

What difference has it made since he has taken a 2 to 3% risk on his portfolio, right, that 12 to 17 hour has literally created a huge to a 35 to 40% kind of an impact on his portfolio. Okay, today, if you see some of the EP

his portfolio. Okay, today, if you see some of the EP trades that we have taken this season, like which Bajaj consumer or Mahindra LGstic would end up with a higher gain probably at times? Okay? So

it was never about getting even very close to what multibaggers, as it is, he has also moved up a lot in and selling. If I assume that I sold the bias only for performance, even then this gain has created such a super performance kind of term. Correct. One, okay, come back to the summary charts once, where

of term. Correct. One, okay, come back to the summary charts once, where we have taken that unrealized P&L, right? How could he have even improved it and how do we do it? There was a column for unrealized P&L, or if you want to remove the colors in it,

it? There was a column for unrealized P&L, or if you want to remove the colors in it, I think we have gone a bit wrong. The colors have come above the average, yes, that is there, but pay attention to the green highlight only.

Okay, so I will show you something now, if you see the moment, he has bottom right, where you see pyramids, okay, there are very few stocks like DCLK and Senate and Amazon, which later went negative. Most of these stocks, right , have gone up immediately from profit. Okay? So his win rate, if you see me, I think out

of the 12 and 13, I think there are two or three stop losses. Another one is break-even. So he

has a good win rate only by being into the right sector. Even the advance decline ratio, situational awareness, every time he was talking, was not very encouraging. He

was doing okay. OK? OK, it's not something extraordinary that we haven't encountered over the last two years before. Every time he has entered a stock, he has gone into profit, but he has still not drawn out of it . OK, so if he doesn't take a 5% stop loss, then the exercise that we do of an MAE

. OK, so if he doesn't take a 5% stop loss, then the exercise that we do of an MAE Right, he might actually have been a lot smaller. He could have actually used a much smaller stop-loss, like Anurag, you were asking, right? At the start, he might have actually used a much tighter stop-loss, and probably

generated a much higher return because of it. So, if you see him as not actually doing very micromanagement on stop-losses, okay? He has figured out that my downside is going to be this much. Now, let me figure out how to maximize my upside as much as possible. Right? So, if this 23rd day hadn't happened, probably,

and we would have extrapolated from this for another two to three months, probably this return would have been higher. okay. So, structurally, how he has placed himself in such a beneficial risk-reward situation is that even if portfolio volatility occurs, right? The upside is so high that it warrants a higher downside as

well. Okay? We'll be uploading all of these

well. Okay? We'll be uploading all of these articles, the entire journal of how we actually managed it, along with the entire presentation and charts. Okay? Ah, let's go through it in detail. Okay? Start

absorbing how he actually managed it more from the psychological and risk perspective. Okay? That's why the conviction needs to come and the leap of faith

perspective. Okay? That's why the conviction needs to come and the leap of faith needs to start. Okay? If you see all of the people who are there in the call today, we are probably just as good as technical analysts and chart readers that he is.

There was nothing unusual in any of his charts. He didn't take very extraordinary or shakeout entries. Those were very stupid break-a-trend line break entries,

entries. Those were very stupid break-a-trend line break entries, which anyone can actually take even after six months of chart V. Okay? But his

actual conviction comes out of his objective of what he is trying to achieve and going through again and again such skills which we call procedural memory and which we are building a trade tie right now.

Hello yes.

Yes sir. Yes. So my only comment was that the surprising thing was that he had so much conviction in the trade that he took such a big size and he sat for a week or two, that is, he did not even make a big gain and so many stocks were running, were running up, which he was also watching, yet he did not sell them and enter,

that is, it was very mind blowing actually that how did he do this and it happens the same way even today Jagdish, okay, you will see every magnitude trade, like today I have three or four positions, I am nowhere close, but if you take the easy trade or go to the positions of April 23, okay, you will always have stocks which are moving much higher than what you are holding,

true, yes, okay, that will be the same, if you just keep changing on every signal, then you will not reach anywhere, okay, that is always going to happen, what if you see, come to the way of our trading, okay, every answer that we think, think right to Why isn't he selling at an hour ? Why isn't he selling at a four-hour mark? Why

? Why isn't he selling at a four-hour mark? Why

is he taking such a huge risk? Why isn't he switching? Why is he taking so much risk and position sizing even with poor situational awareness? Correct?

Why is he investing by taking double averages even above profits? Okay?

If we start focusing on the how are the what, right? We'll keep running in circles. Okay? Come to his Y. Why is he doing this?

circles. Okay? Come to his Y. Why is he doing this?

Okay? Now if I make an actual storification of that then how will I make it brother I was a swimming pool contractor I was stuck somewhere I wanted to make big money for him $5000 was not going to cut it yes sir ok now if I replicate the same story to a smaller trader in India the situation and the context remains very similar right we

are ok losing that $5000 for him is actually not going to be of any consequence what we do is we settle for mediocre profits but he is not doing that he is looking he is using large unrealized profits to book even higher realized profits with in that his let's go is that brother my 28% also if it comes at the end of the day I am ok with it because I am looking

for a plus 100 so hum log jo 3:1 ratio suppose to or 5% We're looking at the risk . Right, he's now taken it to an F1-level speed and seeing it on a 10%

. Right, he's now taken it to an F1-level speed and seeing it on a 10% portfolio. So, do you know what his skill is, Jagdish? His

portfolio. So, do you know what his skill is, Jagdish? His

skill isn't that he's taking a 10% risk on his portfolio. His skill is that he knows there could be a 10% drawdown. Okay? If I buy one, two, or three more cycles like this, there could be a 30-40% drawdown.

But he is not alone, he is not pervaded by it. Even if it goes down by 40%, I am convinced enough that I will either build it up further and take it higher. And if it goes down by minus 40%, on the larger picture, it does not affect many people. Look, when 10% comes, it goes away, but on the third day morning, if I

many people. Look, when 10% comes, it goes away, but on the third day morning, if I see a gap down, I will be ruined, either the entire profit can be lost or the capital can be lost, that is not a small amount.

I am correct, would he have ever thought that if I reach 91, then I will have to do only -9 + 8, never then these newspapers did he ever say that I will take 8% stop loss because -92 to + 8 is coming out to be the same ratio.

Yes, and one more thing, the 10000 from where I started was also very big for them, but they are trying to risk that too and go further, this is actually a mind-blowing thing because such a big run up is simply insane, and that is what trading is, trading is ideal it. It's not about that, just look at his chart, what was there in some charts, if you

ideal it. It's not about that, just look at his chart, what was there in some charts, if you actually see, okay, but what Sanath had said a lot, basically, is the website name , chart patterns, chart patterns, that's what you would not even put any of those charts, most of those charts in a textbook, right?

We didn't know what was the flip side of it, what was its actual risk- reward, how did he actually optimize the win rate, right? We always thought that if

right? We always thought that if you read a book first, then read VCP, you will get super performance.

Right? That was never the case. So, most of what we learned from books and most of the courses, right, was how to do better chart analysis, not how to do that, that's a very big wild file.

Okay , thank you. Thank you sir. Thank you. Mind-blowing presentation. Digdish, one point I'd make is that if trading doesn't make a difference in your life, then you 're trading for nothing. That's all I want to say.

Right? And that's the reason for this entire session. I've

worked incredibly hard for the last month and a half on this session. To achieve this. So much

on so many things, so many charts, graphs, everything. The presentation ended up being 300 slides.

I spent 4-3 hours working on it until last night. It took me until 12:00 to complete it . So, the point of this entire session is that I want to break out of that risk-avoidance mindset

. So, the point of this entire session is that I want to break out of that risk-avoidance mindset for people who are at 8 am and anyone who will consume this video on stage. Right? If you don't have a day when you wake up and feel like a dancer, that's when I'm ready. Right? It's a tactical part. It's

mathematics to manage the risk. It's discipline. It's the respect you show your money. You'll wake me up at midnight, and even if I 'm half asleep, I'll still set a stop-loss and size my position. Right? It

's not like I can miss it today. Right? Beyond that, what is risk management? Add drawdown management, add open risk management. That is what risk management is. Right? Beyond that, it's simply risk-taking. If you're willing to let go of something. If you want to change your life, you have to let go of something. That is

what life is. If you want to stay where you are in life, there's no reason why you should be trading. Right? So, if you want a change in your life at this point, the first change is that many of us say we shouldn't take risks. Position sizes should be this way, that way. Right? Look

at the position size here? 43% is the average. 65% is the highest. Total concentration is 85% at one point in time. Right? The point is that they've clicked on everything that can make them, from what they can say to how they can shoot the portfolio higher. They've done everything that is, that is what we need. That is what we will learn. When we go to Transcent, we

will learn this actually. Consider this case study an extension of Transcent that I covered today. But when we go to Transcent, we will go through the exact breakdown of what it takes to produce such a kind of product.

Right, and how we can use tactics to gain leverage where your input-to-output ratio will vary widely. Right? And you won't remain, I mean, like a candle. And another thing I want to add is what pace for dance anger is. We

candle. And another thing I want to add is what pace for dance anger is. We

are looking at very shiny figures, right ? If it's up 80% or 70%, that's the return.

I say, look at those really bad trades that are up 5%.

Look at trades like AOL, right, that are up 10%.

Gaye hi vas h portfolio is up by 5% in AOL Hum Right Jab Hum Log Trade Karte Ho Na Hum Log Extraordinary Opportunity Pe Ordinary Return Kare Hain. Traders like Dus Anger generate extraordinary returns on ordinary opportunities so that when an extraordinary opportunity comes, like sort of CMGI C Net Day

click sort of right then you can produce outlier outcomes and that is exactly what Satish also did he waited for the wind in his favor and when the wind came that changed his life, his life may not have changed but at least he has gained confidence, that's all

right, right? Yes Dushyant

right, right? Yes Dushyant , hello, yes, turn on the camera, that would be great, yes, I am doing it, hello , yes, yes, so my takeaway from this,

I would just want to discuss, I feel like I should discuss with you whether I am thinking correctly or not, one thing that I realized was that even as we were talking about chart patterns or Anurag also highlighted two-three times that maybe from a chart pattern perspective, everything was not so rosy and we probably

would have avoided such things too, so Somewhere there wasn't a level of perfection, at least in that selection criteria. So, should we say that he

selection criteria. So, should we say that he probably realized in his day that chart patterns weren't perfect, but he compensated for it by choosing an entry point within the sector he chose as a leading sector. Second, when

he entered, his stop loss, which was relatively wide, automatically compensated for his likely inability to find a perfect entry spot, and he covered up any minor flaws in the chart .

Yes, very valid. So what is there in this, Dushyant? Now the 5 to 7% context, right now I am looking at it, what 27 years back, 28 years back, okay, I think most of the traders were using this stop loss, at that point it is like everyone wants to use a 2 to 3% stop loss today, probably it was the same as 25-30 years back one, right now liquidity

wise, when we go into it deeper, okay, ah, I think those were still liquid enough for a 10,000 portfolio, I could have taken 50,600 kind of, when I go to the intraday charts, okay? What is the probability that how could I have taken 2 to 3% when we get to the journal, right? And we see most of the stocks have moved immediately,

okay? There were hardly any stocks that didn't move on day one and day two for it.

okay? There were hardly any stocks that didn't move on day one and day two for it.

So the way we trail it many a times ahead, right? That's

by doing capital protection first. It would have worked. It would not have worked and worked very badly only in one case when the pullback happened and that would be cost pay and he would have lost out on the whole position.

Okay, what I think he would have done is now if you see on two days right, particularly he is expecting a pullback, he is waiting for his stop to be taken out. Okay,

compare it to a day, something like a budget that we had last Sunday, we knew there is going to be volatility which is going to be temporary, so he is now looking to sell, what he is looking to sell at the follow through of the first volatility, not at the first volatility.

One more thing, if you look at the last slide, sometimes what he says is he is looking at a 5 to 7% range around a trend line to sell, so he is not very accurate, correct. So right now we place a limit order like this: the limit order is at 100, so my trigger is 115. It should come, meaning literally we are putting

it to a decimal point, right, 6 to 7% range. If you see still one hour, that he is letting go only for slippage and fills and whatever.

Correct, he is not very great at execution. If I see the micromanagement that we go for precision, he has done that, but what is he very precise on, he is very precise on taking the industry selection and the stock section in a month. Everything that we saw, he is looking at other sectors more

as a sado. Okay, if this is happening in oil and gas, then there may be a change in this sector, the MAC level may change. Banking is looking at sado market behavior, for example, if you look at Nifty, Bank Nifty, what will happen in the overall market, he is looking at it from that point. But if I have to put myself in a shoe in 2026,

what would I look, I will take only the Top three sectors, top two sectors, stocks within them or whatever it is, I will keep on only buffering with that, so what is he compensating, deep stop loss will he is compensating with big risk and stocks Selection: Look at this, 10% stop loss, 10% risk was taken on the first day, Dushyant,

put this in your execution framework. You will get the same size with 4 to 5% risk, but can you still take a 5% risk as of today?

No, not correct, that is why the mental shift happens.

Today you are looking at day one 10%. On day 30, there were times when his odds were 190 or whatever, he had gained I think in between 180 and something, okay, at that time we are still risking, what roughly about 35-40% of the portfolio , that is huge.

What more point can I add, sir, that your tight stop loss or all this R multiple, all these are modern concepts or liquidity. Okay, a lot of the trading that used to happen at that time

or liquidity. Okay, a lot of the trading that used to happen at that time was not as much as it is today. In today's time, and in his time, in his time, and the brokerage that used to happen, Minerveni says that How much money was the brokerage, so that time had its own realities, whenever you look at the past, you cannot always consider it perfect in today's format,

but the point is that the enablers are the same enablers which are there even today, you need a move in your favor, you need a big size that makes money, right? Now, how much risk can you take, you need value in stocks in good themes, plus institutional under ownership, plus float that makes money, it used to make money yesterday and it makes money today, right

sizing is the key factor, you need pyramiding, we can do it by pyramiding, we will pyramid back to back, right, so we will do it through that, there is no need that we should exactly follow that, see, it is said that a student should be like a swan, that is, he should be wise in the difference between water and milk, that means,

remove the water from it and take the milk, that is, take the milk and remove the water, so how do we do it today? We can apply that is what we need to, and I realised that

I think we get emotionally invested in those unrealised profits, in terms of non-sacrifice for him, no, yes, I mean we get emotionally invested so much and especially not on the first day, if

we call it day zero, then if there is a stop loss on day zero, then it will not hurt that much, but to carry that same stop loss, if I am doing something even after taking a stop loss of say 2%, then let's say on Monday there is a stop loss of 2%. If it gets hit on Monday

then there is a problem. But I will try on Tuesday, but I will not be able to digest that 2% stop loss on Tuesday. Because you start, you know you get somewhere associated with that hole, that yes, I did, and maybe it is just that you don't want your decision to go wrong. But if you see it right here, then at all,

go wrong. But if you see it right here, then at all, he would have been trading fair with our stop-loss calculations. Okay?

No stock moved immediately. I am sure he would have reentered on day three day four also because his trade did not work, he was still around at his bye levels, he is not broken right and he means that in his commentary is absolutely correct one thing if you see which reverse from what Minervani and all they do is they would

of pyramid and partial sale in their own stocks, okay if I am deploying capital then I don't think Chirag, if you can correct he is redeploying with in the same stock, his free capital is looking at new stocks because of his risk appetite and something is done for that particular stock. So, it's also shifting within the whole sector, so that when a sector moves, the portfolio moves

even larger than that. So, when you go through the chart, generally speaking, right, see how sector rotation dynamics are coming, which was well, there are two things I'd like to add here. One, they did a pyramid in Amazon.

Another thing I think you'll see is that when you look at Minervini and Danser, you'll see a stark difference between the two: Danser is taking a much larger position than Minervini.

Right, the pyramiding Minervini will reach, Minervini is risk-first.

Danser is return-first. Right? So, where they pyramid is going is Danser 's starting position. He pyramided on those positions? That would have gone to mean he would have reached a very high level. If only Dick's position had been corrected, that would have meant he would have added another 20% return to that

portfolio.

Okay. Yes Manish.

Thank you.

From a slightly different perspective than the previous discussion, I am not able to relate to this 2% and 5% initial stop loss discussion. I find

this discussion dishonest because as we are seeing their journey in the last four-five weeks, double digit drawdowns have happened many times. We

mean two or five, we are not concerned with that, right? We are not concerned with micro management

right? We are not concerned with micro management Manish. If we put 2% in the next today, then ignore that entire point. Nothing will change,

Manish. If we put 2% in the next today, then ignore that entire point. Nothing will change, correct, correct, correct, but the big thing is that when you see this double digit drawdown every day, it will go up 10% and down 10%.

How do you manage the roller coaster emotionally? You can only manage it emotionally when you know what you want to achieve. Very simple. Suppose you go into T20, if you do n't have an objective of hitting at nine or 10 overs, you'll end up playing at five or six overs. That's what I was telling Jagdish, if he keeps

focusing on the how and what, you'll never get a conviction on the vine. It

always starts with a vine.

If we only want to make a 20% return over the years, did the risk-taking make sense?

He made that up in two days. Correct. You see, his risk perception came about because his reward perception was very high. He didn't settle for mediocre profits, and that's why the risk came. That's it. And if I think the opposite as a fund manager, Manish. Okay? If I'm a small fund manager working only with

50 to 100 crores. Can I just beat Nifty and get attractive capital? I can't. I

need to overperform in the market to distinguish myself, right? Right.

Okay. So, I have to show something extraordinary, story-wise, performance- wise, strategy-wise, so that at this time I'm now able to work with HDFC, Kotak, ICICI guys, and other PMS guys.

Now think of it as a small trader? Okay, now he has limited capital.

From that 100,000, he earned another 5,000. Does that mean it won't even cover his salary. Why would he want to spend 8 to 10 hours stuck in front of a screen?

Okay? When I first read his books, Momentum Masters and all, he told me some stories. He used to repair swimming pools and when he used to drive a truck, he used to sit and watch stocks like a typical Uber driver today.

Okay, okay, that's wow.

Think if he's thinking from this angle, right? He's not looking for a six-run run in 20 overs. So, if you keep focusing on the how and what, it won't come.

20 overs. So, if you keep focusing on the how and what, it won't come.

Think why he's doing it. Okay, now if you're trading with a $000 portfolio, right? Okay, you're thinking from 30%. Manish, okay, can you reduce it to a $000

portfolio, right? Okay, you're thinking from 30%. Manish, okay, can you reduce it to a $000 portfolio? And now think of 150%. No way. I mean, yes, why not? Why not? Yes, the

portfolio? And now think of 150%. No way. I mean, yes, why not? Why not? Yes, the

absolute amount is the same. Build up exactly.

The point is, your capital cannot determine your mindset.

Yes, obviously, as you grow older, your risk appetite can moderate a bit. So,

Minervini, who was trading from 99, may trade differently on a higher capital today.

Okay? But when he gets into a USIC hill, he also takes a 4x intraday leverage. Hmm, correct? You first define the objective. Get to the WY First Manish, then

leverage. Hmm, correct? You first define the objective. Get to the WY First Manish, then the how and what is defined? Exactly what will be going through the execution framework also. What was there in its entry? There was nothing. What was there in stop loss?

framework also. What was there in its entry? There was nothing. What was there in stop loss?

There was nothing. Okay? There is nothing to be told in selling because he has not done anything. It is just holding. Okay? So when you are inactive that is a harder time when your mind is active. Inactivity is a lot more poisoning to you right now.

Right? So we will get to the WY, the how and what is covered in technical analysis. Trading is covered in buy .

ok well said yes so hi yaar just not sure if I heard it correctly previously so one of the sessions you mentioned right you don't carry the losing position to more than one or two days so

for that to happen like so do you also happen to take a lot of re entries because either way our entries should be so perfect and our win rate should be high otherwise like how do we manage that like what I mean is it like I know I don't know if it's ok to ask but is it your high rate I mean win rate is so high and win rate is so low but you

take a lot of re entries and the risk reward is so high that it's common for it.

so basically RR is very high. if right now RR is very high. secondly what if you We add positions to positions beyond a point where we stop seeing RR from a perspective of RR. Right? What happens is that mainly what happens is that ultimately? You create the size in whatever way you want, like a Zenger or you create the size in a pyramid, while managing the risk. Right? Once you create the size

, you place a stop loss below it. It's a game of allocation multiplied by moving favor. If 10% of the stock here is yours, understand that this

favor. If 10% of the stock here is yours, understand that this stock was either, okay, if 10% goes in my favor, it will short my portfolio like anything, right? So the point is that until the time, I mean, the concept of RRB is something we have created. It's a concept that

is more about understanding rather than a static that you see on a journal. Right?

The second point is, if there is a good setup which is spoiled, we will definitely re-enter because that is the poison that we choose. Right? We cannot choose a position with a 5% stop loss because what will happen in that? Either the size will not be available or the risk will increase a lot.

Right? I cannot take 10% risk on my portfolio to deploy the full capital like Zenger . It is not possible for me. So

I chose my poison. That is what I will take a tighter stop. I will take an exit if things are not working and I will re-enter right that is the poison that I choose so everyone has to choose their poison but they feel that what is right for them is a 3% stop loss came out of what it came out of efficiency all of us when we

started right was still using a five to mean 7 to 8% kind of a stop loss we started realizing that we don't need it if we need it then it may not work out for us it's not like a standard rule that everyone needs to take a tight stop loss okay and even or sorry I got

no even when you pyramid you follow the ah the entries pyramid entries right you follow the same thing right with tight entries and rearrange it ah yeah we will take that up again also able so pyramid what happens right if it was a magnitude trade okay like So what I'm doing in a magnitude trade is I 'm saying I'm putting a large unrealized profit to work for a higher

realized profit. So when you're pyramiding, your stop loss automatically

realized profit. So when you're pyramiding, your stop loss automatically creates a trail. Okay?

Or so when we take out, like, ah, we'll go through some trades like an exigo or something where partially you're booking up just because you're trading it higher, and partially you have a lot more risk. Okay?

So we'll go through different pyramiding types of how we do it. So, a hybrid and a velocity pyramid will be different from how a magnitude pyramid is started. Finally, the only thing that differs is how much profit you're risking

started. Finally, the only thing that differs is how much profit you're risking for getting a higher realized profit. That proportion will keep on differing between the different strategies. Okay. Okay. Or thank you. Thank you very much.

different strategies. Okay. Okay. Or thank you. Thank you very much.

Thank you. I think it's already five hours so let's complete it now. And then

let us. Thank you guys so much. I hope you liked it.

Okay? Please put in your feedbacks and takeaways after the session is over in the discord.

Okay? And we will start seeing you from the workshops from tomorrow onwards.

Okay? Just a reminder, next week obviously we don't have a weekend session. We

are taking a break but obviously we will undergo the exercises and the workshops.

Or okay, good day guys. And nice to see Jibin, Nabeel and Ganesh Gaurav everyone back again . Okay, thank you, thank you, thank you, thank you,

. Okay, thank you, thank you, thank you, thank you, thank you, bye, thank you, sir, thank you, bye