IBD Trading Summit 2018

https://shop.investors.com/offer/splashresponsive.aspx?id=TradingSummit

any one have attended IBD Trading Summit Free Event at USA ? whether it is worth the time ?

Thanks
Kumar

IBD and O’Neill have some good ideas. And bad ideas.

For example, accumulated distribution days. Horrible.

Miro,

William O’Neil one of the very successful investor and best educator for individual investors; Stock ranking concepts used in large banks and institutions around 100 years.
IBD is the first one to bring the stock rank concepts into public interests.

Among so many complexity in investments;
acceptably people are working life long to get over night success,
they are giving 110% efforts stay motivated and keep the success with them.

I am impressed to see the performance of VTI, IBD ETF FFTY and some of the P123 director Mgerstein 2 models and few more DM experts life works.
the liquidity and steady performance curve, every investor dreamed of and few able to achieve consistently and importantly they are sharing almost free of cost,
some one can follow them and gain their decades of experience at small cost if paid DM.

Thanks
Kumar :sunglasses:








Good model - Less Volatile.png

Meh on FFTY. It barely beat the S&P1500 and it had huge drawdowns.

Walter


There’s a CANSLIM mutual fund. Usually finishes the year 1 to 6 percent behind SPY. Although it beat SPY by 16% in 2008 and lost to SPY by 17% in 2009.

IBD50 etf represents 50 stocks, as individual I want to hold 10 to 20 stocks. I can save time by just focusing 50 stocks rather than entire market.

I used get lost by following entire market time to time. Why I can’t focus just 100 promising candidate to get 10-20 stocks.

Thanks
Kumar

I did undersestimate IBD, CANSLIM and all star ranking system at P123 when i was novice and dreamed for triple digit returns on smallcap until 2014.

After listening to Mgerstein’s email, how hard to get alpha in out of sample and how much power in proven fundamental system over decades of out of sample.
Then, i start to look every system in depth; how much work and research they have put to bring the system to work, relative other systen O’Neil system is very transparent based on earnings and relative strength.

Here, sample screen for last 2 years with IBD liquidity, Price> 15, AvgVol > 500K and MarketCap > 5 Billion, not many candidate to watch. It is very good for individual investor.

25 stocks - 2X return of SPY for last 2 years
50 stocks - 1.5x retrurn of SPY last 2 years.

As I am working in IT, i left out with little time for research, I feel amazing how much worth P123 and existing ranking system, if one knows how to use it with existing investment methodlogies like William O’Neil.

At any given day/year no one idea is better than value line or IBDs massive idea. if one smart enough can bring their best stocks to P123 and place in sentiment rank, quality rank and buy best of the best stocks to get better gain.
As walter already have a model using Value Line Timeline ranking universe with good out of sample performance.

Thanks
Kumar :slight_smile:




I wouldn’t push ranking within a universe like VL too hard. I think there may be a good deal of luck involved.

Walter

My suggestion is, one idea will work some time, collective idea will work most of the time.

In P123 DM, or many mutual funds, ETFs including GURU ETFs very successful for first few years. then
it kept going down, no sign of recovery.

In case of IBD50, CANSLIM it will recover in few years time, their ideas is proven year by year and decades by decades.
Positive Earning, Positive Revenue and Positive Cashflow on midcap and largecap leaders, if these stocks won’t go UP, the entire market won’t go UP.

as p123 long term user; we should have some bias on market to have edge over average investor.
Like, when market bounce from all time low 2003, 2009 and FEB 2016. The VALUE stocks performs good.

If market going up towards all time high; LARGE GROWTH STOCKS preferred like 2013 and 2017.

Thanks
Kumar :sunglasses:

Here, last 1 year performance of
Large growth-RPG
spy and
large value VYM.

Luck will favour if we observe market closely for long period of times.

Thanks
Kumar