John C Fung

Plant and Reap John C Fung

This book re-examines the conventional wisdom of the method of buy/wait/sell for stock investing. The result is my simple method that involves the following unique features: 1) Try to understand the realities of the market and the power of the big players. 2) Play the short-term up-down cycles while waiting for long term gains. 3) Play one stock only, and why. 4) Open two accounts, one for buy and the other for short-sell, and why. 5) Which stock to pick using my simple method without the burden of reading mountains of materials that won't help you make money. 6) What are the most relevant data showing big players' interest in a particular stock? 7) Play the market for one hour a day only. 8) How to profit when the price comes down besides going up. 9) Be humble to follow the lead of the big players and eat the crumbs left over by their big feasts, which will add up significantly through the weeks. 10) Try not to predict a stock movement because you will be proved wrong most of the times. 11) To avoid making a big mistake, trade a small amount of shares each time, thanks to recent zero commission introduced by Schwab and other trading houses. 12) Try to go in earlier and get out sooner than the rest of the herd. 13) My method is substantiated by my trading diary from January to March 2020 showing the decent profits I've made weekly in spite of a stock downgrade and the havoc wrought by the Covid-19 pandemic.