The CAN SLIM website and description was in below.
For my practice in Singapore, I have to convert it with SGX info with the
following sequences.
A: get the year-to-year company result in www.businesstimes.com.sg
C: Get the info from www.sgx.com.sg picked from "A"
N: www.businesstimes.com.sg or www.sgx.com.sg announcements.
L: Singapore average market cap is about several thousands millions fluctuated with the market price. A leader in the market should have market capital large that aeverage. At STI 3000, the market capital average is about S$ 3000 Millions (from POEMS). www.sgx.com.sg, or DBS vicker, or www.shareinvestor.com, or www.listedcompany.com
Put the stock meeting the criteria CAN and L in finance.yahoo.com portafolio or other broker website you prefer, e.g. www.limtan.com.sg.
Monitor the rest factors:
M: I bought regularly regardless of market, but don't invest all the capital in one time. Watch STI index. Buy stock at different STI point.
I: look at the company SSH and company buyback news from www.sgx.com.sg announcement. or www.shareinvestor.com
S: chose a stock when demand goes up. look at the daily column vs average volume in finance.yahoo.com portafilio. A favorite stock should have large average daily turnover.
Sell: If profit, sell when volumn starting drop. If not profit, hold and prepare for 100% capital loss. So fully diversify is very important in my investment. Look at the fluctuation of a stock, it never stop at the current price. In one year time, it will definetly goes up or pull back sever tens to several hundred percent. So every investment with cash 1k to 2 k is rational. It will cost us 3 to 6 % per completed trade. It doesn't apply to short term trading, the cost is high.
www.investors.com http://www.canslim.net/
Diversify in different stock index point.
Diversify in different asset class.
Diversify in different stocks at different price.
Step 1: Collect the CAN SLIM stocks into watch list.
1. Less 30% from yearly low;
2. Big weekly volume Change; Vol 5D-30D great than 50%.
3. Company long term vision and current performance: CAN SLIM.
Step 2: Positioning at diversified prices. Look at 1-2-3 patterns for entry.
1. Pricing with 50 % rules. After enough profit taking,
2. Pricing with 30 % rules. After enough profit taking,
3. Pricing with 15 % rules.
Step 3: Diversify stocks at different market points.
Step 4: Profit taking at different price levels. 50%-100% from the yearly low.
Step 5: Exit the counter.
1. Price full ramp up. Keep certain amount of profit.
2. Obvious pull back.