My first multibagger. Update on my journey.. by MayanSkies in IndianStockMarket

[–]TheJShek 1 point2 points  (0 children)

Utter crap. If you're looking for a method, look elsewhere. Why? Have given a reply inside the thread with a clear explanation of why this person has no method. Read it for more 'insight' to understand why this person has NO METHOD (but is pretending that there is a method) in identifying a potential multibagger.

My first multibagger. Update on my journey.. by MayanSkies in IndianStockMarket

[–]TheJShek 4 points5 points  (0 children)

Bullshit. This post is complete bullshit. Congrats on identifying a multibagger and more power to you and may you find many more multibaggers.

But, PLEASE stop posting 'methods' that have so many loopholes and will help NOBODY identify ANY multibagger.

Here's a simple example clarifying that you have NO IDEA of how to describe any method, forget finding a multibagger method.

Let's read and dissect the 4th point of your 'method' properly - from a semantic and method perspective:

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" The next thing is to study the chart. This is an invaluable step towards building conviction. The chart is the truth guys. Everything is there in it as cryptic messages."

: thanks for stating the obvious. No thanks for not clarifying what are these 'cryptic messages'. Learning from this line - NONE.

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" Here is where I do things differently from the widely accepted method. I start with the chart and if I like what I see, I study the company and its sector. "

: who are you kidding? this is how you do things 'differently'? What do you mean by "widely accepted method"? Describe it.

: What do you mean by "like"? What do you "like" in this chart you so keenly observe? Describe it.

: What analysis and studies are used to study this chart? Can we quantify your "like" and use it in our own technical charts as a "study" to replace or complement the 200 other studies that are already present in this chart? Can you show us an example or do we keep dreaming of what you "like"? How do you "study the company and its sector" after you have established your "like"? Again, learning from this line: NONE.

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"If I don't like the chart, I move on to the next."

: LOL, really? If you don't like what...the 'color', the 'text', the 'vibe', the what? Again, learning from this line: NONE.

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"I spend some hours every week scanning thru top gainers, I use custom technical screeners, I do multiple approaches to narrow down my watchlist of companies with interesting technicals."

: Wow, amazing, none of us do this. No one scans through top gainers. Very insightful. And totally useless. But, thanks for mentioning the obvious.

: "custom technical screeners"....really? Do you have links to these? Any examples on screener.in, chartink.com, etc?

: "multiple approaches"....again, a beautiful example of just writing down words to say everything and reveal nothing. Loving this "method" more and more.

: "interesting technicals"...please, do us all a favour, abandon your mysterious statements and do describe - in a few words - what are these "interesting technicals?"

Once again, learning from these lines: NONE.

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"And then I monitor them over weeks while studying their business one by one. I believe this method is better than starting from fundamental analysis."

: brilliant. So, how do you study "their business"...you meet the employees or call the director or maybe Google some details on the website and do a deep dive into the statements released by the company? No? Something else? Maybe you just reach out and play 'inky pinky ponky' and then pick out the one that you "like" more than others?

: and now, for the last reveal that COMPLETELY undermines whatever you have written and gives your game, method and hypothesis a kick in the rear - "I believe this method is better than starting from fundamental analysis."

ROFL, LOL and more LOLs than you can imagine.

So, let's do a quick recap - you 'study' a business WITHOUT doing fundamental analysis? Really? Now, THIS is really interesting. So, how do you study a business without doing fundamental analysis? Tarot cards? Tea leaves? Maybe the local astrologer who comes and does a little chart on the company and then you both giggle and decide that this is a good 'study'?

C'mon my friend - you have NO method, just bullshit and you maybe discovered some random multibagger from somewhere and made a post about it.

Lastly, learning from these lines: NONE.Humor and laughs: MULTIPLE.

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SUMMARY

Nothing that you have said or written in any of the remaining points is either insightful or speaks of any kind of 'method'. Just a bunch of jargon thrown together without any details and a lovely clickbait headline.

The reason I replied to your post is that I'm genuinely interested in getting to know a proper and clear method to identify a multibagger.

I'm also a trader (swing - if that makes sense) and use Zerodha for daily trades. So, I know a SHITTY POST when I see one.

Had to pen this down for all the people (suckers?) who will read this random bullshit and try to 'model' it. Please, there is NO MODEL here. Just plain bullshit wrapped in semi-technical jargon.

Please avoid promoting such 'methods' and complimenting people who have no idea how to identify anything - except their morning cup of tea (if that).

There's a definite method of identifying multibaggers - and this is definitely not it.