Paperback: 304 pages
Publisher: McGraw-Hill Education; 1 edition (June 11, 2013)
Language: English
ISBN-10: 0071810110
ISBN-13: 978-0071810111
Product Dimensions: 6.4 x 0.8 x 8.9 inches
Shipping Weight: 15.2 ounces (View shipping rates and policies)
Average Customer Review: 4.5 out of 5 stars See all reviews (151 customer reviews)
Best Sellers Rank: #26,881 in Books (See Top 100 in Books) #11 in Books > Textbooks > Business & Finance > Investments & Securities #42 in Books > Business & Money > Investing > Stocks #103 in Books > Business & Money > Investing > Introduction
Finally for all those investors and traders trying to implement the CAN SLIM investment methodology by using William O'Neil's book "How to Make Money in Stocks" along with Investor's Business Daily, here is your users manual. Matthew Galgani has done an excellent job with this book by both keeping it simple and easy to read but also getting all the vital elements needed to bring all of O'Neil's teachings together as a cohesive whole for implementation in a real strategy.This is the very first kindle version of a book I have bought and read and I found all the links that were available inside the book that went to the investors web site very useful for video lessons to expand on the authors points with out making the book excessively long by trying to incorporate everything in writing.The kindle edition of the book is filled with pop out historical charts of the biggest winning stock charts in history along with recent ones that I had actually traded in the past few years. The charts are very valuable to actually understand visually what the big winners look like to avoid thinking they are "too high priced" as they play out in real time.The lessons of this book are many, here are a few:The keys to winning in the stock market is to only buy stocks during market up trends, focus on the companies with the biggest earnings growth, and buy stocks being accumulated by institutional investors.How to use the IBD market pulse to determine the markets current trend. (I really liked the strategy that the author suggested for trading an index using their market model. He showed how their simple market trend model would have saved buy and holders from the vast majority of the 2008 plunge and got them back in after the 2009 reversal).
This book is clear, succinct, and imminently actionable. It does a persuasive job of showing that you must trade WITH the market. Like all decent methods, this one tries to put you "with the odds" since you can know the past with certainty but the future only as probabilities.In markets lacking a strong trend, as recently, there are still individual stocks poised to run ahead. This method advises that you list, familiarize yourself, and watch some of these using the method described. Then, invest when the market assumes an upward trend as defined and measured in Investors' Business Daily (IBD). This makes it a trend-following technique combining both fundamental and technical analysis, which has for a long time appeared to be the most successful technique for (non-day) traders and investors.A very commendable feature of this book is an extensive discussion of rules for selling, not just for defensive purposes but also to take profits at appropriate times to redeploy your funds.Unlike other books based on William O'Neil's trend-following CAN SLIM technique it does not go into elaborate detail on each element of the method. It doesn't have to since these elements are generally set forth for subscribers to IBD. The book's major weakness is that it is merely a guidebook to using IBD since you need a subscription to implement it. But, any serious reader should get the free trial IBD subscription and try the system.The reason I give it only four stars despite the clear and facile writing is that you cannot really use the method without regularly looking at IBD. Also, it is a bull-trend following system which is not the end and be-all of investing.My major quibble with this method is the crowd effect.
How to Make Money in Stocks Getting Started: A Guide to Putting CAN SLIM Concepts into Action Penny Stocks: A CherryTree Style Trading Book(penny stocks for beginners,penny stocks for beginners,penny stocks guide,penny stocks investors guide,penny stocks strategies,penny stocks trading) Money: Saving Money: The Top 100 Best Ways To Make Money & Save Money: 2 books in 1: Making Money & Saving Money (Personal Finance, Making Money, Save Money, Wealth Building, Money) How to Draw Action Figures: Book 2: More than 70 Sketches of Action Figures and Action Poses (Drawing Action Figures, Draw Action Figures Book, How Draw Action Poses, Draw Comic Figures) Penny Stocks: Powerful Beginners Guide To Dominate Stocks (Trading,Stock Market, Day Trading, Penny Stocks) Penny Stocks: Investors Guide Made Simple - How to Find, Buy, Maximize Profits, and Minimize Losses with Penny Stock Trading (Penny Stocks, Penny Stocks ... Trading, Penny Stock Trading For Beginners) Getting Started Knitting Socks (Getting Started series) Getting Started in Chart Patterns (Getting Started In.....) Penny Stocks:Powerful Strategies To Dominate Stocks (Penny Stocks,Stock Market,Day Trading) Penny Stocks: How to Find Penny Stocks That Can Make Millions Money: How to earn money with : Earn $5000 per Week Part Time using the power of Arbitrage with Liquidation Products on (How to make money ... on , How to make money with ) Make Easy Money Online: Follow in my footsteps and replace your 9-5 job in 30 days with no prior experience (How to make money online, Work less, Make money from home, Build a business) HOW TO MAKE MONEY ONLINE: Learn how to make money from home with my step-by-step plan to build a $5000 per month passive income website portfolio (of 10 ... each) (THE MAKE MONEY FROM HOME LIONS CLUB) Make Money Online: 70 Painless Ways to Make Money for $5 Or Less (Make Money Online Now) Kids Can Make Money Too! : How Young People Can Succeed Financially--Over 200 Ways to Earn Money and How to Make it Grow Money: Saving Money: Success: Get More Money & Success In Your Life Now!: 3 in 1 Box Set: Money Making Strategies, Saving Money Strategies & World's Best ... Tips for Personal Finance & Life Success) Personal Finance: Budgeting and Saving Money (FREE Bonuses Included) (Finance, Personal Finance, Budget, Budgeting, Budgeting Money, Save Money, Saving Money, Money) Make Money Online: The Top 15 Ways To Start Making Money Online (How to Make Money Online, 2016) Making Money at Home: Methods to Make Money with Drawing Portraits: How I Made More than $50,000 Selling Art Online and Offline (Ways to Make Money with Art, Selling Drawings) Penny Stocks: Powerful Beginners Guide to Dominate Stocks