My Journey on ULTA Nasdaq

Recap

Yesterday, I discussed how CLDN failed to make it through my funnel and on to my watch list..  However, I  want to show the other side of the coin with my journey on ULTA Nasdaq, a stock that survived my criteria and ultimately led to a trade plan..

The Importance Of Planning

As a general rule, I make decisions based on data.  As the saying goes “if you can’t measure it, you shouldn’t do it” and this holds true when trading stocks as well.  A well thought out trade plan gives you the ability to set yourself up with a goal, and measure your progress towards it.

ULTA Nasdaq is a stock I’ve been watching for several weeks.  It’s shown me all of the fundamentals I like to see and it meets all of my must haves in terms of it’s RS rating, daily volume, etc.

Knowing that ULTA Nasdaq is a good opportunity for me isn’t the whole story though.  I don’t want to be hyper focused on the profit side of the trade because I need to protect myself from a potential loss as well.  Thus, my trade plan needs to be holistic in nature – I’ve got to plan for both the best and worst case scenario’s.

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Amin Hemani
In 1992 Amin had an epiphany while attending a 2 day training course hosted by InvestTools. He realized that he couldn’t leave decisions about HIS money to brokers or advisors. It was at this moment, Amin decided to take control of of his financial future.



Amin spent the next 20 years learning how to maximize his profits and minimize his losses and in 2014 he took over as the IBD® coordinator for the Westchase and Tampa Meetup groups. This experience gave Amin the chance to meet many like minded individuals who were earlier in their investing journey

In March of 2015, Amin began his blog, Investor Spotlight, in an effort to share the knowledge he had accumulated and the lessons learned over many years of trial & error. Moving forward, Amin wants to spread his message beyond just his Meetup groups and blog by providing mentoring and coaching on the process he has come up with over the last 2 decades.
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Amin Hemani

Amin Hemani

In 1992 Amin had an epiphany while attending a 2 day training course hosted by InvestTools. He realized that he couldn’t leave decisions about HIS money to brokers or advisors. It was at this moment, Amin decided to take control of of his financial future.Amin spent the next 20 years learning how to maximize his profits and minimize his losses and in 2014 he took over as the IBD® coordinator for the Westchase and Tampa Meetup groups. This experience gave Amin the chance to meet many like minded individuals who were earlier in their investing journeyIn March of 2015, Amin began his blog, Investor Spotlight, in an effort to share the knowledge he had accumulated and the lessons learned over many years of trial & error. Moving forward, Amin wants to spread his message beyond just his Meetup groups and blog by providing mentoring and coaching on the process he has come up with over the last 2 decades.

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