Stock Recommendations
Through years of research and real time trading experience, the Blue Sky Report primarily makes share recommendations that are likely to rise in price, utilising technical analysis and timing techniques. We believe it is much more beneficial to time the buy entry into quality companies, and then take some profits sooner rather than later. This is healthy for your psychology, but it is the large profits that will make the real difference so we try not to sell off the entire position until our major trend analysis rules say to sell. Our unique strategy focuses on these principles and separates us from the herd giving you an edge over the market.
All positions encompass a two stage process prior to completion.
First Stage
When entering a position it is critical to protect your capital in the infancy stages. For this reason, during the early stages we take a Stock Trading approach and buy on the way up with a predetermined profit target sell price as part of the strategy, protected with a stop loss order for risk management purposes. When a suitable profit is declared we suggest selling half, minimising irrational behaviour caused by high level emotions.
Second Stage
We then adopt an investors approach with the remaining position. Success in the share market is derived by generating large profits and controlled losses while maintaining a low emotional state of mind. By selling half you should feel refreshed and mentally tough, giving you the staying power to ride the remaining position into much higher prices. This effective approach protects your capital from full depletion, should something go wrong. It also increases your returns over time as a full sell off in the initial stage eliminates further possibility of making even greater profits.
Technical Analysis and Risk Management
Our founder is very experienced in price or technical analysis and the importance of high reward, low risk techniques. He has spent his life studying key traders like Livermore, Gann, Darvas and hundreds of other technical methods.
Adopting such a strong technical methodology with strict high profit, low risk focus, he Blue Sky Report is capable of identifying strongly trending stocks quickly. We work very hard at identifying companies that fulfil our technical criteria before we go to work analysing the fundamentals.