AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Byline: DAVID SAITO-CHUNG
Are you the kind of person who tries to build your own contraption?
If yes, you might have mixed success if you hammer out your own rules, philosophy or biases into the investing system taught by IBD.
If you completely follow a sound, proven set of guidelines on how to buy and sell great stocks, you boost the chances of posting market-beating returns. Perhaps the biggest key to success using IBD is whether a reader follows all the rules.
If landing a big market winner is like building a brand-new house, think of IBD as a large toolbox. Inside it are the saws, hammers, nails, screwdrivers and other items needed to craft a portfolio into one that houses the best stocks. IBD's Investor's Corner and library of books also detail the sell rules until it's time to sell and lock in profits.
Many readers who have succeeded by using IBD have commented they cut out many articles and tables from the paper and refer to them constantly. This task helps investors make sound buy and sell decisions and find a stock that shoots out of a base and rises 100%, 200% or more in price.
Below are the key tools every investor can use and master to find that big winner.