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 How To Make Money In Stocks: A Winning System in Good Times or Bad, 3rd Edition :: 0071373616
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| From the school of unemotional investing comes the classic How to Make Money in Stocks, by Wall Street analyst and publisher William O'Neil. Readers new to securities will find it an excellent primer, one that relies on time-honored indicators such as quarterly earnings, market capitalization, and daily indexes. O'Neil's study of winning stocks stretches back to the 1960s, and he shares his insights here, describing what characterizes a growth stock, when to cut your losses (at 7 or 8 percent, no more), and how to spot a market top. The techniques in How to Make Money in Stocks are hardly revolutionary, but therein lies their strength, as O'Neil claims his is "a winning system in good times or bad." Investors interested in Net stocks might be disappointed--the author's first rule is that a company must show a pattern of growing profits, which disqualifies many dot coms. (Try Rule Breakers, Rule Makers for a different take.) O'Neil's approach to stocks is, above all, rational, and he pays little heed to market hype. Those new to investing would do well to read this book before embarking, and even more seasoned traders may find How to Make Money in Stocks a refreshing return to basics. Markets may swing bull and bear, but O'Neil promises to stand firm. --Demian McLean Editorial Descriptions are usually submitted by the manufacturers, publishers and authors. Contact us if you are one of them, and wish to change the above description. |
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Author: Guest
If you are going to be an active investor here is a handbook to guide you through the dynmanics of the stock market. 90% of individual investors are what are termed active investors-that is they seek to find undervalued stocks to purchase or overvalued stocks to short. They also may try and find actively managed mutual funds that follow the same strategies. It has been known for 30 years now that active strategies do not provide individual investors with the profits they deserve for the risks taken.
I suggest you take a look at a book titled How to Make Money in the Stock Market by Gordon L. Eade. This book is a must for those wanting to find out about indexing (passive investing) and why it is the superior method for the small investor (and big one too). This book is an outstanding guide to personal investing. It will be useful to all investors from novices to highly the highly experienced. This book prepares the reader to approach investing from the standpoint of the underlying science. It is the antithesis of a 'get rich quick scheme'.
All aspects of Modern Portfolio Theory and passive (index) investing are explained in a through and easily understood manner. The aspect I like most is that as well as a solid theoretical foundation the book is very practical and shows the reader how to create (and more importantly) and manage over time a successful portfolio. This is a great book- for the beginning investor, it's a great place to start and for the experienced investor there are many valuable suggestions.
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Author: Guest
The book was well written and I have no doubt many could use the advice to profit. I would like to select stocks based on my own knowledge and O'Neil does deliver with that information. I am glad I read it.
I found reading page after page of how to use the Investor's Business Daily website to be distracting. O'Neil even devotes a chapter to navigation of his website. This could be called a good "hook" but in fact the website is excellent. Unfortunately, you must pay to access the information beyond a free trial period.
(...)
The book is not really geared for the swing or day trader. Day traders and swing traders do not care what a stock's balance sheet looks like, they care about short term profitably and price movement. However, it will still help to narrow the list of stock candidates that have a low risk and high potential. Because of this, it remains a "recommend" for those types of traders.
The book is primarily for someone who is an investor. It is for someone who wishes to build a portfolio of stocks most likely to deliver an excellent return on investment over time. The primary tool used will be the IDB website and the book as a reference guide. After reading the book, you will not need a broker to choose where to put your money. You will not need the IDB website either but its time-saving value is apparent.
The book includes a coupon for 2 weeks free use of the Investor's Business Daily. However, (at least for now), you can sign up for one month free without purchasing the book so the coupon is not really needed. If an additional IDB month free subscription for readers of "How To Make Money In Stocks: A Winning System in Good Times or Bad" was included, I would not hesitate in giving it a 5 star rating.
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Author: Guest
I absolutly like the way Mr. O'neil presents the stock market. He has a realistic vision that many other authors don't care to expose.
I just think he should cover the stock day trading world since these days to many investors have decided to also participate in the market as day traders.
Day trading is not that different from investing in the sense that its all about making buy and sell decisions. When you make a trade either your going to lose money or your going to make money, and some other times you will break even. When you win some body else will lose and so forth, but that's NOT what's important.
The most important aspect in stock investing and day trading is the knowledge FILTER you employ to make your buy & sell decisions. There are many "fantastic" strategies outhere, but you need to test them in order to discover which ones help you the most. That's part of your homework as a stock trader. Test, test and test again.
Complicated strategies that rely on a "boat load" of technical indicators can make you slow, and being slow in this game can be as dangerous as not knowing what to do in the first place.
I think the worst thing that can happen to a beginner stock trader is to get information overload. It's better to go step by step, and test a simple strategy that can show you how to focus on concrete ways to make money.
Fortunatly there are some good sites on the web today that can show you how to trade in practical and effective ways. One of those sites is Sharp Trades ( SharpTrades com )
In the end, stock investing & trading is all about buying and selling according to your knowledge FILTER. Once you master and follow youre proven filter parameters like a clock, you can expect to start making serious amounts of cash on a consistent basis.
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Author: Guest
There is a big difference between investing institution and investing individual. This book is for individual. It has all you need to get idea about stock market and!!!! it gives you stratagy to invest - growth stratagey. I am Russian who was unfamiliar with workings of capitalism. I started using this book with their web investors.com and been making 20% monthly investing my $2000. This book also about sucess in stock market and in business and it is very inspiring. I think I have read more then 20 different investment books and this book is a must read!
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Author: Guest
This is the best book on Investing that I've read and this is the system that I follow for the most part. O'Neil is one of the best investors / traders and is worth over 200 million for a good reason; follow his system. I've been using this system for many years and after a large sample size of trades I've made large percentage gains. For example, my last big winner was TASR which I found beneath the radar and before it was hyped by mass media; it was a technical chart pattern that O'Neil talks about called a High Tight Flag; I trippled my $ on margin in one month. Some say that what I did is dangerous or risky but I was ready to take a 3% - 5% loss quickly if I was wrong. This was a small price to pay for the upside potential. Besides having several winners and a few super winners, I've also had quite a few losers which are part of the cost of being a trader. Buy this book and attend his seminars; you won't regret it.
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