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IBD Buying Strategies. Northern Virginia Meetup Group – Apr 25, 2007. Tonight’s Topics. Portfolio Management Establishing Position Pyramid Buying Placing Orders Putting it all together Buying Strategies Excel Spreadsheet On-line Brokerage Screen. Portfolio Management .
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IBD Buying Strategies Northern Virginia Meetup Group – Apr 25, 2007
Tonight’s Topics • Portfolio Management • Establishing Position • Pyramid Buying • Placing Orders • Putting it all together • Buying Strategies Excel Spreadsheet • On-line Brokerage Screen
Establishing Position • Scenario: • $100,000 Portfolio • 5 stocks (end result) • $20,000 for each position
Pyramid Buying Beyond 5% 5% past Pivot Point 2-1/2% Past Pivot Point Pivot Point
Placing Orders • Place 1st order manually • Watch the price • Measure the volume • Use Buy Stop Limit Orders for 2nd & 3rd buys.
Volume • Looking for Current Volume greater than 150% of Avg Daily Volume
Volume • Looking for Current Volume greater than 150% of Avg Daily Volume • Avg Daily Volume changes everyday
Volume • Looking for Current Volume greater than 150% of Avg Daily Volume • Avg Daily Volume changes everyday • IBD Stocks on the Move
Volume • Looking for Current Volume greater than 150% of Avg Daily Volume • Avg Daily Volume changes everyday • IBD Stocks on the Move • “Delayed approximately 20 minutes.”
Volume • Looking for Current Volume greater than 150% of Avg Daily Volume • Avg Daily Volume changes everyday • IBD Stocks on the Move • “Delayed approximately 20 minutes.” • ScottradeELITE quote show realtime price and Volume
Putting it Together Screen my Watch List for Potential Opportunities Use Excel spreadsheet Portfolio Management Pyramid buying Buy Stop Limits Orders Volume Calculations Excel Spreadsheet On-line Quotation from ScottradeELITE