[daddybyday]

Hello, Isa,

I'm only up to expample 7, but so far every one has not had the above average, let alone 2 times the average, volume on the weekly chart.  It seems like Weinstein stressed the volume a lot in the book, and you are very quick to point it out in the Udemy course.  Has there been some change in the strategy (simply from the investor side on weekly charts), as to how big a roll volume plays in defining a breakout?  I understand that once you're "in the game" the rules tend to change a bit, so I thought I'd ask about that before I get "in the game." :-)

Thanks!

Tom

There's not been any change in the recommended requirements for buying the best stocks. These examples where taken from his Global Trend Alert newsletter, where the amounts of stocks being highlighted was numerous. So, the bulk of which didn't meet the volume requirements talked about in the book for the A+ candidates. I believe this is because the newsletter would have been fairly sparse if he only highlighted the stocks with A+ potential, and it was aimed at institutional investors / fund managers, and so they have to buy a lot of stocks. So the newsletter focused more on the Forest to the Trees approach i.e looking for the most favourable sectors, and then highlighted stocks in Stage 2 within them that had at least some of the characteristics talked about in the book. So the method hasn't changed for finding the best stocks.

Personally, I found over the years of trading with the method that focusing on only the stocks that meet the methods A+ requirements is a best way to consistently get into leading stocks. But it means a lot more patience is required, as you have to wait for the right moment, which can be hard for most people I've found. But if you have the right mentality, and can be patient in waiting for the right setup. Then you'll do a lot better than most.

Got it. That makes a lot of sense.  Thank you!