How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition BY WILLIAM J. O’NEIL
About the book
Author William O’Neil shows how an investor can successfully trade in any market type with the use of a 7-step process proven to be effective in lowering risks and expanding gains. This book will benefit the reader in three ways: (1) provides effective techniques in identifying winning stocks before they gain big prices, (2) gives tips on choosing the best stocks, mutual funds, and ETFs in maximizing gains, and (3) includes 100 new charts that will assist in spotting the current profitable trends. An addition to the book is a set of strategies that will help the reader avoid the twenty-one most common mistakes by investors.
Review
In the many types of trading methods or strategies available in the market, this book chooses to discuss growth investing in particular. This means investing in companies that report high sales growth and earnings. This method is a bit complex than other strategies, such as day trading. However, in O’Neil’s book, he makes it easier to understand and implement.
The book discusses which stocks in the market are easy to trade, and shows how to identify the right trading time in buying and selling them. O’Neil goes into deeper detail regarding the latter two because these topics are usually the least discussed in most finance books—which is also the characteristic that separates this book from the rest.
About the Author
WILLIAM J. O’NEIL founded Investor’s Business Daily, where he currently sits as chairman. He is also the founder of William O’Neil + Company, which is the top equity market information and data research for over four hundred large institutional money managers globally.
Table of Contents
Part I: A Winning System: CAN SLIM
Introduction You Must Learn and Benefit from America’s 100 Years of Super Winners
CHAPTER 1 America’s Greatest Stock-Picking Secrets
CHAPTER 2 How to Read Charts Like a Pro and Improve Your Selection and Timing
CHAPTER 3 C = Current Big or Accelerating Quarterly Earnings and Sales per Share
CHAPTER 4 A = Annual Earnings Increases: Look for Big Growth
CHAPTER 5 N = Newer Companies, New Products, New Management, New Highs Off Properly Formed Chart Bases
CHAPTER 6 S = Supply and Demand: Big Volume Demand at Key Points
CHAPTER 7 L = Leader or Laggard: Which Is Your Stock?
CHAPTER 8 I = Institutional Sponsorship
CHAPTER 9 M = Market Direction: How You Can Determine It
Part II: Be Smart from the Start
CHAPTER 10 When You Must Sell and Cut Every Loss…Without Exception
CHAPTER 11 When to Sell and Take Your Worthwhile Profits
CHAPTER 12 Money Management: Should You Diversify, Invest for the Long-Haul, Use Margin, Sell Short, or Buy Options, IPOs, Tax Shelters, Nasdaq Stocks, Foreign Stocks, Bonds, or Other Assets?
CHAPTER 13 Twenty-One Costly Common Mistakes Investors Make
Part III: Investing Like a Professional
CHAPTER 14 More Models of Great Stock Market Winners
CHAPTER 15 Picking the Best Market Themes, Sectors, and Industry Groups
CHAPTER 16 How I Use IBD® to Find Potential Winning Stocks
CHAPTER 17 Watching the Market and Reacting to News
CHAPTER 18 How You Could Make Your Million Owning Mutual Funds
CHAPTER 19 Institutional Portfolio Ideas
CHAPTER 20 Important Time-Tested Proven Rules and Guidelines to Remember
Success Stories
Index