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“A Simple Stock Box Can Make $Millions — Continued”

Michael Petryni
15 min readSep 7, 2021

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How to get into a stock in the midst of a long-term up trend?

Let’s take $F (Ford) for an example.

$F, with its stock slumbering for years (decades?) got hit by lightning this year and, like Ben Franklin, discovered electricity.

Its F-Series trucks in particular have been extremely popular but not enough to get the company’s stock unstuck from the mud until now. Ford is electrifying its fleet for the future, most notably those very popular F-series trucks, and the stock has finally taken off.

It is up 125% on a buy-and-hold strategy and 60% for the year on the NYSI swing-trading signals.

The thing about buy-and-hold is who knows that those gains are going to happen after years of it not happening when the year begins?

With swing trading, the move is marked to market as it moves along up, and as each swing usually continues going up making new Darvas Boxes as it goes along (see the chart below).

So how to get onto a long-term up trend?

Each time the stock moves out of a Darvas Box (see THE STRATEGY below), with a rising NYSI behind it, it becomes a buy and hold until the trend end when the stock violates the strategy by dropping out the bottom of a box instead of continuing its rise.

P.S. Could we call this profiting from the innovations required to deal with climate change?

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Michael Petryni
Michael Petryni

Written by Michael Petryni

Journalist, film critic, screenwriter, proprietary trader seeking simplicity in trading. https://thegodoftrading.medium.com/subscribe

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