EOM Garden Growing Prep: Step Seven 3.3.17
By failing to prepare, you are preparing to fail. Benjamin Franklin
Plan your work, work your plan, and share your harvest! DOE
The process to identify, allocate, set alerts and purchase our “Garden Growing” candidates may seem intimidating but after purchasing the first two to three funds, it will become second nature.
When we near the end of this series, I plan to offer an “in-person” seminar to further explain the procedure and answer all question. Since my EOM Members are located from Seattle to Florida, I am working to offer it online with only a few day delay. The location-seminar details will be finalized and announced next week.
We allocate amounts/prices/shares of the VIP Closed-End Funds (BA 3) on the worksheet. In this part of the training, I analyze each candidate, extrapolate the number of shares purchased with an estimated target price then determine alert conditions.
Key Points on IVH…
Action Points for Setting Alerts…
1. Price drops down to the 6 SMA
Per my DOE Sample worksheet, since no one knows the exact price when the Simple Simon Buy Signal hits, I extrapolated a (R1) targeted $14.00 entry price.
This would give us 35 shares. Any unused funds are swept into the Round Two (R2) allocation for future opportunities.
We will wait to see which alarms hit first. When hit, we will monitor until a Simple Simon Weekly, and Daily Buy Signal is generated before buying.
For those wanting to be all in simply allocate all 1K.
When my analysis is complete, I plan to compile all steps into a single PDF document, available exclusively to EOM Members.
If you have questions, please send them to me at firstname.lastname@example.org.
David O. England
https://davidoengland.com/wp-content/uploads/2015/10/doe_logo_trans-with-tagline2015.png 0 0 David O. England https://davidoengland.com/wp-content/uploads/2015/10/doe_logo_trans-with-tagline2015.png David O. England2017-03-03 23:46:112017-03-03 23:58:30Step Seven 3.3.17