cyborg8 Apr 2014 20:46
Hello Cyborg, and welcome to the board. I will echo all that Mogie has to say. For the last 2 years I have been basing my investments (well, most of the time) on the Zulu Principle along with more recently some of the principles/criteria set by the Naked Trader. Zulu shares are indeed becoming harder to find; it is an indication as to where we are in a bull run. The shares are out there, but as Mogie rightly says, if we use all the criteria set in the ZP right now it is near impossible to find anything to invest in, so we need to loosen our criteria a little.
Since using the Zulu Principle my investments have been transformed from hit and miss, throwing darts in the dark hoping to hit the bullseye to more than average success. Right now though even the best of shares are being hit; the market taking no prisoners and ignoring strong fundamentals. If we are not invested in a share right now then there is a case to say wait, hold back, now is not the time to "hope for the best". That strategy is a sure fire way to losses.
If you have a chance, get yourself a copy of Robbie Burns "The Naked Trader, How anyone can make money trading shares". It is an easy read and a breath of fresh air. It is written in easy language and gets to the point. It is the only investment book I have read easily, no high brow, no degree in financial jargon, no wool being pulled over our eyes. If only those on the boards such as COMS and in fairness to COMS, many other boards could be bothered to read it and be prepared to learn and not believe we know it all when often it is more from getting lucky. Too many forget high reward goes with high risk and by that very fact most high risk will NOT end in high reward or even reward of any kind. Too many look at the reward and forget about the risk. Peanuts from investing using the ZP etc.?, no way. Here are just some of my investments made using the ZP, GBG at 58p, TRCS at 87p, ECK at prices from 14p, NET at 34p, PEN at 42p. Take a look at their price now, regardless of this weeks battering. Not boasting Cyborg, just lying it on the line.
Mogie is an invaluable contributor to this board and others. Being in a minority of what can seem like 1 does not mean Mogie is wrong, very often the minority are correct. The fact that Mogie made the effort and paid the expense to go to a Naked Trader seminar proves the point that he?/she? is concerned enough to WANT to get things right, to make wise decisions, to improve their success, to go against the heart when necessary and go with the head. What is more Mogie is prepared to share their insight. Wish there were more Mogies around.
Here to help you and others if and when I can. Just need to ask.
Regards and good luck
CM
Sign In
Follow the stocks
