Page 729 - How to Make Money in Stocks Trilogy

Belt Promotion: One Stock Victory at a Time 31

Kevin Dai
Kevin became an IBD subscriber in 2004 but said his learning curve took a
big jump when he joined the San Jose IBD Meetup Group. “I started to
really learn how to use the paper more effectively to find great stocks,” he
says. “I also began to understand the importance of follow-through days and
paid attention to stocks that broke out of base patterns soon afterward since
they often go on to become the big leaders in a rally.”
He reads several features in the paper to find stocks but particularly likes
the Industry Themes article to help him find winning stocks from the top
performing industry groups. Kevin has been to IBD’s advanced workshops
several times and shares his thoughts on what he has learned.
Kevin’s five-year cumulative return is 580%.

• KEY POINTS •

• Keep your ego out of trading. Psychology is very important;
you must remain unbiased and flexible.
• Respect what the market is doing.
• Establish a regular routine; this will keep you from getting
sloppy.