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William O'Neil's Best Stocks, Optimal Timing, and Successful Investment Stories
William O'Neil's Best Stocks, Optimal Timing, and Successful Investment Stories
Description
Book Introduction
The moment your life changes through investment!
Investing like William O'Neil

William O'Neil is a legendary investor who became the youngest member of the New York Stock Exchange at the age of 30.
He developed the CAN SLIM investment method by combining fundamental and technical analysis, and even after 50 years, his method is still considered an absolute rule for making money in the stock market.
Author Amy Smith interviewed over 50 people who became wealthy in the stock market using William O'Neil's trading principles, regardless of occupation, education, age, gender, or race, and included their own practical investment strategies in this book.
The secret to success of outstanding investors who avoid crisis and make a lot of money in an unpredictable market is, in some ways, simple.
It's about gaining insight into what investing is, establishing clear investment principles, and sticking to them thoroughly.
The current stock market situation, where it is impossible to see even an inch ahead, is the optimal time to return to basics and principles.
The answer to returning to the basics and principles is in this book.
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index
Introduction | Anyone Can Succeed If They Learn Properly
Preface | Don't be swayed by circumstances.
You take charge of the situation

Part 01.
introduction

Decide to invest
Anyone Can Succeed | All the Answers Are in the Market

Part 02.
preparation

Trend and timing selection
Understand market trends

Part 03.
training

Find the new big hit
Big winners have something in common | When should you buy stocks? | Read market trends and find leading stocks | The power of collective intelligence
William O'Neil's Investment Secrets: CAN SLIM Investment Method

Part 04.
Development

One success story at a time
Successful stocks share commonalities | Stock price trends reveal institutional moves | The answer lies in everyday concerns.

Part 05.
defense

Stop loss learning
If you're good at cutting your losses, you're a master.

Part 06.
practice

self-restraint
Hope, beware of excessive optimism | Fear, principles dispel anxiety and fear | Greed, bad decisions lead to more bad decisions | Don't fall in love with stocks | Establish principles and stick to them | Pride is your greatest enemy

Part 07.
meter

Lessons from Successful Trading
Trading rules, as simple as possible | The market is not a casino | Constant effort pays off | Find breakout stocks and invest in bull markets | Expert insights save time | Spot trends and fads | Don't be swayed by the news | Simplify your selling principles | Wait for newly listed stocks to break the first bottom | When the market changes direction, it's time to take profits | Focus, focus again | Everyone makes mistakes | Treat investing like a job, not a hobby | Control risk in every trade | Write down your trading plan | From fund management to personal investment | Don't fight the market, respect it | Communication helps maintain balance | Separately yet together, the power of collective intelligence | Don't be discouraged.
Mistakes are the other way to success | Learning is never-ending | Innovative new products lead to new uptrends | Options trading: investing in the future of the market
● Best Pattern: Cup with Handle

Part 08.
reversal

The moment your life changes through investment
Develop an investment routine | Stocks that have tripled can go higher | How to escape the curse of the jackpot | Invest on principles, not 'secret information.'

Part 09.
Deepening

Continuous market research
Establish trading principles through trading journals and post-analysis | Develop post-analysis trading techniques | Analyze past charts to identify winning stocks

Part 10.
mature

Trade like a pro
The market is thirsty for "newness." Before entering the market, study and work hard. Old-fashioned investing is just speculation. Don't be swayed by psychology. Stick to your principles and exercise self-control. Be quiet and swift, flexible and bold. Great success breeds complacency.

Part 11.
virtuoso

Legendary investor William O'Neil
Analyzing the Past to Build a Framework for the Present | "IBD": Capturing the Reality of the Market | William O'Neil, the Investor's Teacher | How to Become a Top Trader

Appendix A.
Our Success Techniques
Appendix B.
Opportunities for success are open to everyone.
Appendix C.
Practice, execute, and move
Appendix D.
Useful information
Acknowledgements

Detailed image
Detailed Image 1

Into the book
Finding a winning stock is not as difficult as you might think.
Every bull market that comes along with every market cycle produces these jackpot stocks.
Just look back on the past and use it as a guide.
You don't need inside information, you don't need relatives who work on Wall Street, and you don't need to listen to what's on TV.
What if you could identify the best stocks, the true market winners, that move significantly above their major moving averages?

--- p.
25

A 'follow-through day' signals a significant change in the overall market trend, from down to up.
Major indexes rebound for several days, closing more than 1.5% higher.
Trading volume also increases compared to the previous day.
This movement signals that professional money is entering the market, pushing up indices and leading stocks.
Not all follow-through days lead to new trends, but all new trends start with follow-through days.

--- pp.
30~31

The basic principle of the Can Slim investment method is to limit losses to within 8% of the purchase price.
Preserving your principal is the most important factor in investing.
If the purchase price of a stock is $30, you should sell it when the price falls to $27.60, which is 8% lower.
You don't necessarily have to wait until it drops 8%.
If the stock price trend goes against expectations, you can sell at a point where it falls by, say, 4-5%.
The important thing is to minimize losses.
If the loss is large, you will need to make a huge profit to barely recover the principal.

--- p.
72

Before following the simple selling principle, Lee tended to hold stocks too long and give up a significant portion of his profits.
He later realized that he should only hold for 8 weeks or more if the price rose 20% within 2-3 weeks of the breakout.
Looking back at the history of the market, stocks like this have often risen sharply since then.
The stock that complied with the 8-week holding rule is Crocs, which was purchased in 2007.
It's become harder to find big winners these days, but in 2007, Riga's Crocs returned a whopping 140%.

--- p.
117

Let's hear Jahandar's story.
“There are tremendous advantages for individual investors.
You can move in and out of the market much more quickly than institutional investors.
Thanks to this, you can achieve very good results by simply following simple principles while being aware of the warning signs.
Of course, individual investors must accept the fact that they make many mistakes.
This is especially true for novice investors.
It's like a baby learning to walk.
No matter how many times you fall, you must keep trying.
Be patient and if you see improvement, you should maintain that attitude.
Above all, you must not fight against the market.
“You have to respect market trends (the ‘M’ in Can Slim).”
--- p.
144

Here's Ed's explanation.
“To keep a winning stock, you need to know everything about the company and the stock.
If you don't know the characteristics of a product, its position in the market, why sales are increasing, and what sustains demand, you can easily become swayed and sell your stock at the slightest market fluctuation.
Confidence is the key to holding on to winning stocks.
"You have to constantly ask yourself, 'Why do you think this company will succeed in the future? Does this company have innovative products or services?'"
--- p.
191

To become a top trader and achieve the best results, you must adhere to the time-tested Can Slim investment method.
The Can Slim investment method was not based on O'Neil's personal opinion, but on his analysis of the actual movements of the market and leading stocks since 1880.
O'Neill asks fund managers why they break the Can Slim investment principles.
Imagine if O'Neill asked you why you broke the Can Slim investment principle.
--- p.
284

Publisher's Review
“All stocks are bad.
If it doesn’t go up…”
William O'Neill

Amazon Investment Bestseller
The sequel to the Amazon million-seller "The Best Stocks, The Best Timing."
A book strongly recommended by Sampro TV's Kim Dong-hwan.

The historically proven CAN SLIM rule
Invest like William O'Neill


“Do all the big winners have something in common?” This was the question posed by William O’Neil, a young stockbroker in the 1960s.
Dating back to 1950, he identified seven common characteristics that blockbuster stocks exhibited before they began their upward trend.
The 'CAN SLIM' investment method, named after the first letters of each word, has made countless professionals and individual investors rich over the past 50 years.


The biggest difference between O'Neill and other masters is that he was willing to share all the knowledge he acquired with others.
He founded the Investor's Business Daily (IBD), a newspaper for investors, and has been giving lectures for many years, including free workshops and small group meetings in various regions.
There are people who stay after the lecture and ask questions, and one of them is Amy Smith, the author of this book.
She suddenly lost her husband and even quit her job, so there was nothing she could do.
She believed that her only hope was to invest, so she read William O'Neill's book, attended small gatherings he organized, and enthusiastically traded using the Can Slim method, eventually becoming successful in investing and becoming wealthy.


“Thoughts and feelings alone do not produce results.
“We need to understand the reality of the market and the leaders.”
William O'Neill


This book contains the practical investment strategies of over 50 successful investors based on O'Neill's trading principles.
Like Amy Smith, Barbara lost her husband and her job; Mike, who became interested in stocks while studying business; Taub, who started investing to prepare for retirement; and Phillips, who was diagnosed with multiple sclerosis and started working from home. There were about 50 people with different circumstances, ages, and races, but they all had one thing in common.
It's about following William O'Neil's trading principles.


The reason these ordinary people were able to quickly become rich in the stock market is because they analyzed the reasons for their failures and tried to follow William O'Neil's trading principles.
This book summarizes their investment strategies in "Points" for easy viewing, along with their stories.
By examining the trading strategies of successful investors, readers will gain a clearer understanding of the problems in their own investment style.
Just being able to properly recognize your own problems is half the battle.
Since it also includes methods for future improvement, if you follow it, you will definitely succeed in investing.

This book, a sequel to "The Best Stock, The Best Timing," organizes William O'Neil's trading principles in an easy-to-understand manner, including the Can Slim technique, major patterns, relative strength lines, and stop-loss at 7-8% of the purchase price.
In particular, the contents of O'Neill's Can Slim investment method and the cup with a handle were supplemented and organized to fill in the gaps in the original book.
The last chapter introduces the legendary investor, William O'Neil.
His frugal nature and flexible yet quick approach to the stock market can also be seen.
Readers can learn everything about investing in this one book, from fundamental and technical analysis, portfolio management, optimal trading timing, and investment psychology.


Catching the best stocks at the optimal time
Best Pattern, Cup with Handle


The reason we study history is to gain the wisdom to make better choices in the present situation by comparing it to the past.
History repeats itself in the stock market.
Stock prices fluctuate as a result of supply and demand that occur every day.
In particular, the chart records the stock price movements of thousands of stocks.
Investors who know how to properly interpret stock price movements through charts can be far ahead of those who don't know this method at all or only know it well.


When analyzing the chart, it is observed that the stock price forms a bottom or a box.
A breakout is when a price breaks out of a bottom or box with a trading volume that exceeds 40% of the average.
This is the perfect time to buy.
William O'Neil strongly recommends studying charts, as buying stocks that break out of bottom patterns increases your odds of winning.


The three patterns introduced in this book are the 'cup with a handle' (hereinafter referred to as the 'handled cup'), the 'double bottom' in the shape of a W, and lastly, the 'bottom pattern' in which the stock price moves sideways in a narrow range while digesting the previous upward trend.
In particular, this book contains over 60 charts, and among the three patterns, you can examine the characteristics of the cup-with-handle pattern, which is represented by William O'Neil, in the most detail.
From beginner investors to readers who have given up on technical analysis because it's too difficult, this book will help you learn successful investment patterns quickly and easily.
GOODS SPECIFICS
- Publication date: June 22, 2022
- Page count, weight, size: 320 pages | 562g | 148*217*20mm
- ISBN13: 9791190977722
- ISBN10: 1190977729

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