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31/07/18
16:08
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Originally posted by SreeHC
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Yes, the monthly trend technique has proven well for me for the past 3 years when I first started using that method....On a investment of 270K in stocks, my aim was to net me about 3000-5000$ a month as I want to retire next year when I am 58.....and I have been right smack in the middle of that the last 3 years.....but I have a fight every day between discipline and gut....and the gut wins a few times causing me a lot of grief on some stocks....NCM was definitely one such one and it will take a few years to repay those losses!
The problem is I don’t know if the last 3 years of good returns is because of the method or the fact that this bull market has been active for the last few years.....and I am just confusing financial ingenuity with the bull market
Keeping fingers crossed on NCM now.... GLTAH
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NCM is in a good place now for when POG rally's. Which shouldn't be long now as we are approaching the Indian wedding season plus the $US looks like its made a triple top. NCM should take out its 52 week high on the next move.