Why I Trust My Laidback Strategy

[bbrijesh]

In the dynamic world of stock trading and investment, finding a strategy that consistently delivers results can feel like searching for a needle in a haystack.

Over the years, I've had countless discussions about the Laidback Strategy with subscribers of Definedge, whether it's been online through WhatsApp, Telegram, or in person at Manthan, DECMA, or DECNOCH.

My conviction in this strategy has grown over time, fueled by its consistent performance and the multiplier effect it offers in certain market conditions.

The current market environment has been characterized by a stellar rally in midcap and smallcap stocks, attracting the attention of system traders and investors alike.

It's worth acknowledging and commending the well-timed release of the video presentation on the Laidback Strategy by @AP sir.

The strategy aligns perfectly with the ongoing market trends, making it especially relevant and attractive.

If you haven’t watched the video yet, Click here https://www.youtube.com/watch?v=opYHnfDP6l8&t=76s

One of the primary reasons for my conviction in the Laidback Strategy is its remarkable ability to harness the multiplier effect during favourable market trends.

Having employed this strategy for many years, I can confidently assert that such opportunities arise only 2-3 times in a decade and this rally is one of them.

While predicting market rallies is not always possible, having a reliable system in place simplifies the process allowing the rally itself to generate substantial profits. With each profitable rally, my conviction in the Laidback Strategy multiplies and it surprises me with its potential.

As part of my regular stock updates on the strategy in the Definedge Telegram Group, Suzlon was highlighted during the week ending June 9, 2023. This stock holds a special place in trader's and investor's discussions due to its fascinating history. As highlighted in the video, this system helps to eliminate the toxic stocks and Suzlon serves as a prime example of how this strategy helps eliminate toxic stocks.

Interestingly, Suzlon had not given a buy signal since 2008 until June 2023, when the Laidback Strategy finally triggered a buy signal at Rs.14.xx, after a 15-year gap. This extraordinary event is a testament to the strategy's prowess.

Acting on this signal without hesitation, I invested, and within a few months, the stock had doubled in value. It is currently trading at Rs.29 with no exit plan in place.

This is not the first time such a setup has been highlighted by Laidback Strategy.

I've encountered a similar setup in Tata Teleservices (TTML), which presented a buying opportunity at Rs.9 in January 2021. Remarkably, this marked the first long signal for the stock since 2007. What followed is now history, as the stock surged to over Rs.200.

Let's not set our expectations too high for Suzlon

The key takeaway from these experiences is the importance of remaining loyal to a single system over the years and comprehending its integral components. This steadfast approach can unveil the full potential of the system, consistently multiplying conviction with every successful trades.

I firmly believe that the success of any trading system hinges on the discipline with which its rules are followed. The Laidback Strategy, with its well-defined principles and ability to adapt to market conditions, exemplifies the importance of disciplined execution.

The Laidback Strategy continues to be a source of surprises which raise the conviction bar and profitability in my trading journey, and I encourage all traders and investors to explore its potential.

[agragunath@gmail.com]

Nice Write up sir

[bbrijesh]

@RAGUNATH_AG Thanks Sir.

[riteshbadai@gmail.com]

@Brijesh Bhatia thank you for this wonderful strategy and it has been working well, very disciplined.

nice write up.

[bbrijesh]

@Ritesh Badai Thanks Malik

[ilyasshaikh@gmail.com]

Very good strategy. I liked it, works nicely.

[bbrijesh]

@Ilyas Shaikh Thanks

[Dr Y P VENKATASUBBAIAH-1694097016687]

This post is deleted!

[Dr Y P VENKATASUBBAIAH-1694097016687]

@Brijesh Bhatia
Sir..Trusted strategy for long term..
I have following queries..

How to short list the stocks further which are appearing not less than 10 - 15 on every Friday from the screening Nifty 500 universe..This list is touching as many as 50 - 60 stocks just in a month which is very difficult to take trades on this many number of stocks..

Basing your vast experience on this strategy, which one is better to accumulate further on existing holdings of laid back stocks..i.e. Upper PYRAMIDING or Downward AVERAGING…Thanks in advance sir..

[Dr Y P VENKATASUBBAIAH-1694097016687]

This post is deleted!