The Stock Picking Strategy That Is Making Millions

[maxbusinesscredit]

HI all, now that clearstation is gone, I ahve updated the method which you can use to find these stocks. See my video response

[maxbusinesscredit]

Hi all,

Clearstation is now gone. please see my video response for how to execute this strategy now

[MrStayfighting]

Iam new to stocks still learning, I have just joined this website, however iam not getting all fundamental analysis information like P/E ratio u showed on your video. you know reason why..

[tecnolover2642]

There are much better ways to pick momentum stocks than this. First and foremost ALWAYS set a stop loss!! This is rule NUMBER #1 !! The fact that the poster doesn't even mention this is questionable. Just because a stock has a break out doesn't mean it won't turn against you in a day or two especially in these crazy markets. Protection people, you have to set a stop immediately after entering any trade. Second, make sure there are good earnings to support the price movement.

[maxbusinesscredit]

@tecnolover2642 let's see your system. Stop losses doesn't help you pick stocks. This system works very reliably. Please don't come on my thread and waste my users time with empty comments.

[staspmr]

if enough people believe in a system, then it will work. E.g. if everyone would buy on bullish 50/200 crossovers, then it would automatically drive the price up, making profit!!!

It's like a pyramid scheme.

[privedf]

и как так зарабатывают

[gracie1232]

The trend is your friend.

Unless it's your enemy, that is.

[stevewar]

hi All,

I've been away from my blog for a while, busy raising twins. I will get back to your quesitons ASAP, and will be working the blog again here soon.

[MrSerpentish]

1150% ... Holy god damn jesus.

[stevewar]

@MrSerpentish was that a trade you used with my strategy?

[JDSPECTRA531]

In a few moments you will learn how to Pick Early Morning Stock Movers in 7 clicks and 5 minutes....

penny stock research dot net

[stevewar]

@JDSPECTRA531 how does this benefit my video?

[ThisSmearedTrust]

sorry is this a soft. website that shows stock. so can i buy it from this website or do i have to use another? i am currently trialing plus500. have you used this or anyone had experience in this?

[LogicMrFX]

I see a few stocks that meet your criteria, but they have already reached the target which you would set from the bottom of your pattern to the top of it, and then added to the top of the pattern. Should I still enter the trade with a different take profit? Or is it unsafe?

[jademonki]

Steve,

thanks for the video. It's been a while since your post. Can you update us on how you've been doing over the last couple years? thanks again !

[maxbusinesscredit]

@jademonki Note that this isn't the only strategy I trade, but this one continues to be effective even in turbulent markets. The key is pick price patterns / volume patterns that you recognize. If you use this system long enough, you will definitely see recurring patterns.

[RememberForThePeople]

Max, thanks for the video. I profited from it.

To get the P/E data free, follow these directions (at least until this data provider changes something):

1. On the CS stock info page, get the sector and industry titles.

2. Go to "biz.yahoo.com/p/s_peeu.html", click on the desired sector, then on the desired industry.

3. Near the top, click on "more info".

4. Industry p/e is on the far right side of the page under "Industry Statistics."

Happy trading.

[guy1411]

Clearstation has changed there data and are no longer showing the pe to industry

[jademonki]

@guy1411 I was still able to find it under key ratios button.

[StockTradingMaster]

I like this video.

[DiagnosticDDT]

ultimate-traders[.]com Stock Forum

[Mystockschat]

Visit and join Mystockschat.comm for FREE and LIVE stock chat with other good investors.

[seanshares]

Hi Max. Great video. The UI for for clearstation has changed. Finding the PE is easy, but where do I find the PE for that particular sector?

All the best. Keep up the good work.

[maxbusinesscredit]

you're a 15 yr. old punk kid Rich people don't brag about being rich.

Second, this strategy does help people, just read the comments and stop flaunting your pink sock

[MeketoaI]

I have a stock picking strategy that is making me TENS of MILLIONS. I would sell it to you suckers but you see... I'M MAKING TENS OF MILLIONS WITH IT....ahahahahahahahahahahahah­ahaha!

[maxbusinesscredit]

@MeketoaI Why would you waste your time coming to my youtube channel, only to be a schmuck?

[MeketoaI]

@maxbusinesscredit Hell no. I'm not sure why you're willing to sell a strategy making you millions though? I'm making TENS OF MILLIONS and there is no way I'd be willing to sell it to anyone. I don't need to make any money from selling the strategy since I'm already rich.

[TheSickleCell]

@MeketoaI

I believe you

[freshmikey77]

hello, i tried to apply your stock picking strategy at clearstation but was unable to see P/E Ratio for stocks because fundamental data is no longer being shown by clearstation. why is that? hope to hear from you soon. Thanks

[maxbusinesscredit]

@freshmikey77

Clearstation still has this data, it's under the fundamentals tab

[xsoroton]

u need to know company, and company product first...

[maxbusinesscredit]

@xsoroton no you don't. that's the point of technical anlaysis

[tempss]

@xsoroton Um, no. There are traders out there that would disagree. Don't drink the koolaid.



[snr5]

Hi Steve,

I picked the only 3 stocks recommended on may 28, according to your system.

FBC 4.58

CCIX 6.39

IPXL 21.20

as of today June 2nd, they respectively stand at 4.27, 6.64, 20.65

How long do you suggest I hold these stocks to see if they can take a turn for the better? (don't worry - I didn't buy them - only a simulation)



[maxbusinesscredit]

@snr5

hi,

My answer to you based on this market is sell all three of them. This is definitely NOT a bullish trending market right now. Unless you comfortable with short strategies, I recommend getting into cash and sitting on the sidelines.

[maxbusinesscredit]

@maxbusinesscredit and as it turns out i was exactly right:

ipxl - 16.64

fbc - 3.35

ccix - 5.25

[marcsmith8]

@snr5 If you held these until today (simulation). 1 year later.

FBC 1.41

CCIX 13.88

IPXL 27.18

So, let's say you had purchased a 100 shares each. Today, the combined value would be + $1030 (about 25% up)

[roehrigs01]

Are you still using this method or have you tweeked it since posting this?

[maxbusinesscredit]

@roehrigs01 I still use this method exactly as you see it, but I'm not using it in THIS market as of today. This strategy is for bullish trending markets. We are currently in a consolidating market, so this strategy would not be best suited for use now.

[maxbusinesscredit]

I use chandelier trailing stops as an exit strategy

[coachaft]

i used this strategy recently. I got in one stock at 3.81 and sold at 5.30. the next stock i bought started at 4.85 and sold at 5.77. not a bad short term gain

[maxbusinesscredit]

@coachaft AWESOME coachaft.

By the way everybody, in case you're not following my on my blog, checkout recordpricebreakout . com

[murphe981]

The first day I saw this video I started testing it, but I haven't put any money behind it yet. No strategy is foolproof but seems to have some validity. And the market has gone up naturally since my test started. I'm interested to see how it plays out the rest of the year on other stocks.

Update: 4/20/2010 PETM is $32.00 almost a 30% increase!

Original Test: PETM - $25.30 10/16/2009

[maxbusinesscredit]

@murphe981 Thanks for posting this. I can show proof all I want, but real examples from other people are clearly better

[CraigFX1]

What kind of exit strategy are you using with this system? Thanks

[Farrelohana]

I just wanted you to know I really appreciate for uploading your strategy. I will be subscribing and watching whatever you put out, thanks.

[kmiroshkhin]

As a stock owner, you're investing your equity into the business. By this definition, it is foolish to ignore business's underlying operations. Although I agree with using P/E ratio as an indicator to screen stocks, I also address that there are valid reasons why that stock may be undervalued, even if P/E is relatively low, it may be the case that operating cash flow is still negative, but net income is still positive for liquidation of existing capital (shrinking in size).

[maxbusinesscredit]

@kmiroshkhin valid points, but not really applicable or necessary to investigate when using short term technical strategies such as this one

[maverick51585]

I have been following this method with many stocks and having some good success. I also tried to sign up on your website for your exit strategy calculater but couldnt get it to get sent to me. Any help would be much appreciated!!

[CCprod422]

excellent video! How has this method performed on a yearly basis? For instance win percentage and approximate gain per trade. Thanks

[maxbusinesscredit]

I suppose that depends on which trades you opened. I don't take every trade that meets these criterian, so your results might be different than mine. I will say that the strategy easily outperforms the markets, including the major bullish bounce in 2009. The key is trading this strategy in bullish markets. If the markets are trading sideways, or bearish, use a different strategyl

[tony0977]

Could you please explain the last bit where you said " If this stock was valued comparable to its competition it should be at a price to what it is now" I cant seem to wrap my head round what this means.And the other part where you mention UNT is currently at $73.26 and its fair vs the competition value is twice that, which means its almost $150 stock. how did you come up with them sums? and what do you mean by fair vs competition? I need to understand what all this means. thanks

[maxbusinesscredit]

when I say value versus it's competition, I mean it's P/E Ratio versus the industry average P/E Ratio. For instance, UNT has a P/E ratio of 9.36 right now, and the industry average is 26.34. This means that UNT is very undervalued against stocks form the same sector. When compared to the average multiples paid for other stocks in this sector, UNT should be 26.34 / 9.36 * it's current price, or 2.81 * 44.28 = 124.61

[tony0977]

So where it says industry is that the average for all the companies in the same industry.Sorry if it looks like I'm repeating the question.2 more questions, the higher the stocks P/E ratio than other stocks in the same industry the better?Correct?But at the same time stock needs to be cheeper than other stocks in same industry?Correct?Do i need to understand fully the fundamentals of P/E ratio or is just looking at the figures enough to make a good choice in stocks?

[maxbusinesscredit]

Tony, you need to have an understanding about what it means to buy and sell stocks, and what it means to invest in a company. Not having an understanding of P/E ratio tells me you don't have enough education to be investing your money yet.

P/E ratio is price to earnings ratio. To be considered a good value, a company wants a lower P/E multiple than it's competition.

Please please please do some reading on investing before using my strategy.

[QQQQSystemDotCom]

Intersting video. Check out our system. We've only had one losing week since November. All trades are posted.

[roguewarrior]

Did you get out of UNT with a profit before it went down? And if so,m what analysis lead your to sell?

[maxbusinesscredit]

actually yes i did. with cuple with handle patterns I set a price target by taking the price at the bottom of the trough to the top of the cup, and add that dollar value to the breakout of the handle. in this case, that would have been around $85 which is exactly where UNT went. I sold UNT in late june 2008 at just over $81. Not the top, but a really nice profit none the less

[illnemesis001]

So when do you sell?

[maxbusinesscredit]

There are many exit strategies. One that I like to use is to set a profit target, then use a systematic trailing stop to protect profits. If you want to learn more about exit strategies, shoot me an email.

[complexmincl]

This is a nice video. I was never aware of ClearStation before watching this. I cant wait to find a stock check out the effectiveness of this method.

[complexmincl]

According to this method, the stock "WIRE" on Sept. 1, 2009 has met his 3 requirements. Lets see if we gain get at least a 5-10% run in the next week. Its current price is 23.62.

[maxbusinesscredit]

actually no, that's not the case. The volume spike on wire as actually a down day.

[madanjcl]

dude... this site is not updated ... moreover .. if u goto A listing and Z listing .. its showing the same thing .... i need to find another site ...

[maxbusinesscredit]

clearstation updates daily. if you're having problems, it's likely your browser.

[SinCityfanboy]

Yea, but I'm planning to only invest like a thousand dollars. And i dont want to go to a stock broker where they charge you $10 a share and the transaction takes slower. Where on the other hand i can just sit back at home and trade stocks for lower commission rate and faster transations. I also live in Canada so since the USD to CDN is always changing I'm going to stick to CDN stocks.

[maxbusinesscredit]

SinCity, I would really recommend you read quite a bit more on trading before you get started. I recommend something likeInvesting Online For dummies just to get you familiar with how the transactions work. When you're done with that I'll give you some more suggestions for other books you should read

[SinCityfanboy]

I was wondering if you sell stocks online, can you recommend a good online stock website that is cheap. I was also wondering how the exchanged worked. Once you buy a stock in cash and the stock goes up do they give it back in cash or wire it into your bank or a check, ect.

[elliottfour]

Thanks, one question what would you consider higher than normal volume?

[maxbusinesscredit]

That depends one the stock, but almost all services display average volume. You can also look at the volume chart and see when volume spikes or dips. Some charting services allow you to draw a moving average on volume as well.

[chauong]

thanks man- you are the man!!!!!!thank you

[lancelotdragonfire]

What did you want to say at the end ?

[P8121]

great tip, I'm going to try this...