What is this Tortoise plus strategy

Hi All,

Every one has their own successful strategies. We have heard this tortoise plus strategy in many places? Anyone have clear idea?

Lets have professional discussion.

Good luck !

Ah yes, that's the market manipulation strategy adapted by Marketwatch.

There is a theory called tortoise strategy.

Tortoise Plus may be an advancement of it designed by MW or anybody.

Opposite of Tortoise is Hair. ( ඉබිබයි හාවයි ‍රේස් එක වගේ )

They believe finally ibba (Tortoise ) may win although in short term you may see hawa (hare) is running passing ibba.

Some investors like to invest in high performing proven stocks with high PER. High PER means the price has already grown up reflecting their good performances. They think it may go further up as the companies are steady and proven performers. They are called growth investors. Somehow others think there is a risk because prices are in peak and chances are more to fall.

In contrast, people who find low PER companies to invest are called value investors. They think the companies they select are steady and their real growth is to come in the future hence they are at low prices, safer than already performed high PER stocks. They are not in a hurry to get quick returns, believe their stocks may give good return in future , slowly but with steady growth and eventually beat others. This is called Tortoise strategy. (best local example was finding BFL @ 15/- with 0.80 PER in 2009)

But, there is one call 'The Turtle strategy' also. I have no much knowledge about it.

From www I reproduce:
This was developed by Richard Dennis and William Eckhardt around 1983, is based on the simple observation that the market is not always tradable. The market can be in a trend?, or it can be in a consolidation?. Consolidations are dangerous to trade, since you never know what the market will do if it comes out of the consolidation.

So the Turtle system tries to avoid trading in a consolidation period. Often, a consolidation ends with the start of a new trend. The longer the consolidation lasts, the stronger the following trend tends to be.
You decide entry and exit points in the trends. Think like a turtle.

1. Trade in the present. Do not dwell on the past or try to predict the future. The former is counterproductive, and the latter is impossible.

2. Think in terms of probabilities, not prediction. Instead of trying to be right by predicting the market, focus on methods in which the probabilities are in your favor for a successful outcome over the long run.Take responsibility for your own trades.

3. Don't blame your mistakes and failures on others, the markets, our broker, and so forth. Take responsibility for your mistakes and learn from them.


All above are what I understood, I am not an expert on this.

ONE OF THE COMPONENT OF THAT STRATEGY IS IN UNKNOWN TIME #PCH SHARE PRICE WILL PASS THE #DPL SHARE PRICE . (which is trading above the Rs 70 )

and he never disclose the his so called TPS .This is what we call sending SUBLIMINAL MESSAGES . so you will be a blind follower of him for life . people who reads his posts will be mesmerized and forget the reality .

didn't you see his writing style ?
the key feature of it repeating the same thing over and over again and saying pch share must trade above the DPL share .
can you see any logic in there ?

even Mr sakvithi used the same tactic . which is keep repeating the same thing over and over again so people will not ask any question but nod the head to any thing he says or do without any argument .

PSYCHOLOGICAL MIND GAME + INVESTING = TORTISE PLUS STRATEGY

Meta Trader wrote:didn't you see his writing style ?
the key feature of it repeating the same thing over and over again and saying pch share must trade above the DPL share .
can you see any logic in there ?

even Mr sakvithi used the same tactic . which is keep repeating the same thing over and over again so people will not ask any question but nod the head to any thing he says or do without any argument .

Wasn't it Lenin or Geobbles who said 'A lie told often enough becomes truth'.

And I hope now one springs to the defence of Lenin, This is a bloody capitalist forum for godsake.

I think it as a typical good maketing strategy ..
Take the decisions & plan it well. Then excute the plan without changing the strategy & reach your ultimate target.

It is something similar to advertising repeated for months time , that strategy will work..

then human behaviour act to follow other people..

then the strategy is successful.

tubal wrote:

Meta Trader wrote:didn't you see his writing style ?
the key feature of it repeating the same thing over and over again and saying pch share must trade above the DPL share .
can you see any logic in there ?

even Mr sakvithi used the same tactic . which is keep repeating the same thing over and over again so people will not ask any question but nod the head to any thing he says or do without any argument .

Wasn't it Lenin or Geobbles who said 'A lie told often enough becomes truth'.

And I hope now one springs to the defence of Lenin, This is a bloody capitalist forum for godsake.

YEAP
Mr Joseph Goebbels is the founder of the tactic . but i just used our own convict to take as example .

i highly doubt who blindly followed INVESTNOW knows any thing goes around world since they know nothing about our own country .

I know only one thing about "Turtle Strategy" and that is:
1) They become S.Active only after 30-50 years
2) Live for 100 years or more if they survive one year or so.
3) They ride the currents

I zealously practice the 1st and second and the other doubtful.
I always ride these currents on the CSE and not too greedy. Hence I get off the current (AGBR) when prices are 90% of the peak for safety reasons. Never tried PCH and BFL though for obvious reasons.

Never lost anything big this way, only gains.
I have lost when I went for Mid Term profits.
Long term one can never lose as long one puts an ear to the ground.

Meta Trader wrote:

tubal wrote:

Meta Trader wrote:didn't you see his writing style ?
the key feature of it repeating the same thing over and over again and saying pch share must trade above the DPL share .
can you see any logic in there ?

even Mr sakvithi used the same tactic . which is keep repeating the same thing over and over again so people will not ask any question but nod the head to any thing he says or do without any argument .

Wasn't it Lenin or Geobbles who said 'A lie told often enough becomes truth'.

And I hope now one springs to the defence of Lenin, This is a bloody capitalist forum for godsake.

YEAP
Mr Joseph Goebbels is the founder of the tactic . but i just used our own convict to take as example .

it was lenin

Vladimir Lenin - "A lie told often enough becomes truth"

mono wrote:

Meta Trader wrote:

tubal wrote:

Meta Trader wrote:didn't you see his writing style ?
the key feature of it repeating the same thing over and over again and saying pch share must trade above the DPL share .
can you see any logic in there ?

even Mr sakvithi used the same tactic . which is keep repeating the same thing over and over again so people will not ask any question but nod the head to any thing he says or do without any argument .

Wasn't it Lenin or Geobbles who said 'A lie told often enough becomes truth'.

And I hope now one springs to the defence of Lenin, This is a bloody capitalist forum for godsake.

YEAP
Mr Joseph Goebbels is the founder of the tactic . but i just used our own convict to take as example .

it was lenin

looks like we in a dilemma
well most of the people says it was Geobbles but have a look at this
its not neither lenin or Goebbels
" Joseph Goebbels quotes

"If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

Even this quote wasn't origional to Goebbels .
Several other famous indiviuals have quoted similar statements long before HItler and Goebbels.

"A lie told often enough becomes truth" - Vladimir Lenin.

"There's nothing so absurd that if you repeat it often enough, people will believe it." - William James (1842-1910) The father of modern Psychology "

looks like this mantara is ageless

bliss wrote:Vladimir Lenin - "A lie told often enough becomes truth"

looks like we in a dilemma
well most of the people says it was Geobbles but have a look at this
its not neither lenin or Goebbels
" Joseph Goebbels quotes

"If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

Even this quote wasn't origional to Goebbels .
Several other famous indiviuals have quoted similar statements long before HItler and Goebbels.

"A lie told often enough becomes truth" - Vladimir Lenin.

"There's nothing so absurd that if you repeat it often enough, people will believe it." - William James (1842-1910) The father of modern Psychology "

looks like this mantara is ageless

Lenin the politician not the Musician.....

Do a big damage in extremely slow manner.

Chinwi wrote:There is a theory called tortoise strategy.

Tortoise Plus may be an advancement of it designed by MW or anybody.

Opposite of Tortoise is Hair. ( ඉබිබයි හාවයි ‍රේස් එක වගේ )

They believe finally ibba (Tortoise ) may win although in short term you may see hawa (hare) is running passing ibba.

Some investors like to invest in high performing proven stocks with high PER. High PER means the price has already grown up reflecting their good performances. They think it may go further up as the companies are steady and proven performers. They are called growth investors. Somehow others think there is a risk because prices are in peak and chances are more to fall.

In contrast, people who find low PER companies to invest are called value investors. They think the companies they select are steady and their real growth is to come in the future hence they are at low prices, safer than already performed high PER stocks. They are not in a hurry to get quick returns, believe their stocks may give good return in future , slowly but with steady growth and eventually beat others. This is called Tortoise strategy. (best local example was finding BFL @ 15/- with 0.80 PER in 2009)

But, there is one call 'The Turtle strategy' also. I have no much knowledge about it.

From www I reproduce:
This was developed by Richard Dennis and William Eckhardt around 1983, is based on the simple observation that the market is not always tradable. The market can be in a trend?, or it can be in a consolidation?. Consolidations are dangerous to trade, since you never know what the market will do if it comes out of the consolidation.

So the Turtle system tries to avoid trading in a consolidation period. Often, a consolidation ends with the start of a new trend. The longer the consolidation lasts, the stronger the following trend tends to be.
You decide entry and exit points in the trends. Think like a turtle.

1. Trade in the present. Do not dwell on the past or try to predict the future. The former is counterproductive, and the latter is impossible.

2. Think in terms of probabilities, not prediction. Instead of trying to be right by predicting the market, focus on methods in which the probabilities are in your favor for a successful outcome over the long run.Take responsibility for your own trades.

3. Don't blame your mistakes and failures on others, the markets, our broker, and so forth. Take responsibility for your mistakes and learn from them.


All above are what I understood, I am not an expert on this.

thanx chinwi it explains a lot and nice to have u here with us

one thing i never got was MW's barriers. does anyone have any clue on how he calculates those?

good start,

let's try to get out of this blackbox (if any),
expets, do you have any idea about calculating market barriers.

Barriers and memory effects are in our brains not in markets.

Chinwi wrote:Barriers and memory effects are in our brains not in markets.

hmm... interesting perspective. but i think there are resistance levels in the market. For example there might be alot of people who want to take profit at a certain PE level or even price level. there is always an element of group psychology. The real trick is whether these can be easily identifiable.

Of course these matter little for investors, but traders see this all the time.

TortoizePlus wrote:good start,

let's try to get out of this blackbox (if any),
expets, do you have any idea about calculating market barriers.

just look at people who blindly believed so call barriers of the " psycho c house " share
https://www.facebook.com/permalink.php?story_fbid=10150141638872265&id=1041960913

Ramitha Jayamal
PCH Barriers..

23
24
36.50
...37.75
44
54

im not the analyst..credit should goes to a other one..See more
19 January at 23:45 · LikeUnlike · 2 peopleLoading... ·

( no offense Mr ramitha jayamal . i believe you are good investor but what i did was simply copy pasted a comment from an one public web forum to another forum which is open to the whole public. so there is no copy write violation or any criminal offense )

But I saw cse.see (@investnow) came through this concept very well. Most of his prediction works well. I think he has a better logic in this than who blindly post.

Is he there with another name, Please come and share your thoughts.

The natural pace of the Tortoise is slow and steady..

This stortoise + seems to be the next version which MW added growth, Consistancy & Focus, future outlook/earnings growth, country's economic performance, favourable policy implemetations, etc..

If we thoroughly examine successful businesses today, we will find success in those in an action plan similar to Tortoise.
What I'm trying to say is; that those businesses were taken forward with consistent forward action plans, innovative thinking, making use of favourable economic or demand situations.

This strategy identifies the steady growth stocks early;

well..to get an idea of how steady the earnings growth has been in the past, we have to analyse the company's past revenue records and calculate the growth %.
The goal is to identify stocks that have healthy projected earnings growth rates, not a higher growth followed by less growth then again a massive increase..
It has to be consistantly growing each year, qtr to qtr.. the growth could be less in % (2%-10%) but more than the previous yr/qrt...

Investment is also similar to a race..
So the bottom line is; if you focus on the steady growth stocks, you can avoid much of the volatility you face day-by-day n the market and bea t peace and win the race in a long-term basis.

TortoizePlus wrote:But I saw cse.see (@investnow) came through this concept very well. Most of his prediction works well. I think he has a better logic in this than who blindly post.

Is he there with another name, Please come and share your thoughts.

there can be barriers like 50,100,200

all other barriers are using to promote shares

sapumal wrote:

TortoizePlus wrote:But I saw cse.see (@investnow) came through this concept very well. Most of his prediction works well. I think he has a better logic in this than who blindly post.

Is he there with another name, Please come and share your thoughts.

there can be barriers like 50,100,200

all other barriers are using to promote shares

no no, there are definitely people, brokers even, who sell after a certain PE is hit. so those are real barriers. and sometimes barriers becomes self fulfilling prophesies. the difficult thing is to see these beforehand.

cse.see's barriers were always based on PE levels along with forecast earnings. he would always say if BFL earned xxx amount next quarter it can pass YYY. He usually counted on 10-15% quarter by quarter growth. so i always thought what he said made sense. MW on the other hand seemingly dropped numbers out of nowhere. at least that's what it looked like to me