Page 787 - How to Make Money in Stocks Trilogy

72 HOW TO MAKE MONEY IN STOCKS SUCCESS STORIES

Anindo’s wife saw the enormous gains in his account and urged him to take
some money out of the market and buy a house. Fortunately, he listened.
In 2000, because Anindo had not yet really learned anything about invest-
ing or the CAN SLIM strategy, he says, “I lost the rest of my gains in Cisco
because I did not have any sell rules as the market collapsed.”
But because he was able to buy a house using the profits he made in
Cisco, Anindo was interested in learning more about growth stock investing.
In 2003 and 2004, he attended several of IBD’s advanced workshops and
ended up making a lot of money in the market. “It cemented in my mind
that this system works very well in a bull market and to always pay attention
to the overall market trend,” he says.
As a result of his studies, Anindo notched gains of:

Taser. 90%
Taser. 72%
Google. 31%

Intuitive Surgical. 27%
Hansen’s Natural. 38%

• KEY POINT •

• Lock in big gains if the market direction changes.

Stay Focused

Tom Ellis says the only investing publication he reads is Investor’s Business
Daily. He doesn’t subscribe to any other newsletter or service and isn’t
interested in what stocks other people own. “I also made a rule not to share
with other investors what stocks I am invested in or how much,” he says. “I
have learned this lesson the hard way. When I listen to the news or other
people’s opinions, it causes me to make mistakes and not follow my plan. I
begin to second guess my decisions.”
Because of this intensity of focus, Tom is able to consistently make 20 to
25% gains in the market using only IBD and MarketSmith to find stocks.
On January 4, 2012, Tom noticed Continental Resources in IBD’s Stock
Spotlight. It was also featured in the paper’s Industry Themes article.