To: Balti who wrote (1219 ) 4/23/2023 5:14:27 PM From: WEagle Respond to of 1797 Hi Balti, Welcome to the Ted Warren trading forum. You will find that this forum is mainly being carried by Investolator2000 and myself, WEagle, with Robert Furman stopping by to give us some hints or encouraging words from time to time. Robert is a very experienced investor who has done very well for himself over a long period of years going back into the 1970's. Perhaps he will check in and give you some of his history, but while he doesn't adhere to the TW methods now, I think he did start out his investing career as a follower of Ted, and still gives Ted credit for a lot of his (Robert's) investment methods. Investolator2000 has had a lot of success following Ted's methods for several year before 2020 when I joined this forum, averaging about 150% per year gains. I first tried the TW method back about 2005 - 2007 but after some initial success, I lost interest as my work (job) became very demanding. I woke up in about 2018 and discovered I had among my TW stocks one particular stock that I finally sold for about a 900% gain. I2000 and I had a lot of success in 2020 and early 2021. I was carrying about 15 stocks. As some of my stocks took off, I sold them off with 150% to 250% gains. I would then find new stocks to replace the stocks that I sold. I had a number of stocks that went the other way, but following Ted's advice, I did not sell a stock at a loss if I bought it based on a Ted chart pattern. Some eventually recovered but others did not. The one problem I have found with this is that this is a natural filter method of buying and selling. My portfolio began to fill with weaker stocks, however, my portfolio value had grown significantly anyway. The last couple of years has been rough. The overall market has been rough on stocks and my portfolio with a lot of weaker stocks has suffered but I am still well ahead. As to screening for TW stocks, I2000 and I have for the last few years taken turns in performing a major screening. Screening is a major task when looking for a TW stock in that most, if not all, the available screening websites provide little help. What we are looking for is not easily described in the available stock screening criteria. Generally we simply get the screening program to provide us with stocks in a particular price range and then week look at longer term monthly bar charts to identify stocks that seem to fit a pattern that Ted described as desirable. We may supplement this with other information about the stock but the chart pattern is the key criteria. We usually look at stocks in the price range of near zero to about $5 or maybe a little less. I know many people consider these to be penny stocks but I prefer to think of them as stocks that were once part of the stocks with much higher prices but have been driven down during a major markdown period into their true low price range. Robert has convinced me that we should consider the stocks balance sheet as well as the chart pattern but I have come to accept a somewhat week balance sheet. Great balance sheets don't exist for stocks that have been driven down into the price range that we are looking at -- it just doesn't happen. If you recall from reading Ted's book, Ted held stocks that stalled or dropped during multi-year periods of bad market action. And, as I have learned, Ted also had many stocks that went down and never recovered, but his winners more than made up for his losers. I hope I2000 and Robert will give you their thoughts. For me, there are a lot more fine points but this is roughly what I do and as far as I understand, what I2000 does as well. Happy Trades to You. WEagle