After years of studying a successful portfolio’s characteristics, the Gorilla has determined three significant stages of a blooming GorillaPick.
– Stage one: “Trigger Day.” The stock idea has traded above the previous day’s high price within a five-day period (please refer to the Gorilla Dictionary for detailed term explanations). This stage is designed to alert subscribers of this stock’s strength, and should be watched and considered for purchase.
– Stage two: “Confirmation Day.” The stock idea has experienced accumulation beyond its average daily volume levels. Waiting for this event significantly improves the probability of a successful trade.
– Stage three: First target. This stage is designed for the trader to realize a portion of the stock’s profits. Although stocks can theoretically rise forever, the Gorilla uses this tool to properly diversify a portfolio (the remainder of the capital is used to invest in new or existing GorillaPicks).
Furthermore, knowing and understanding the current market environment, evaluating the current portfolio of GorillaPicks, taking notice of risk ratings, and updating your stop levels on a weekly basis can significantly increase your portfolio’s return.