How to Make Money in Stocks Getting Started: A Guide to Putting CAN SLIM Concepts into Action

This is a great book by Mathrew . The only thing which works in the market is buy low and sell high. IBD leaderboard does a great job in identifying those great stocks. I missed out Nu Skin when it broke out after its quarterly results. I waited for the next opportunity which came when the NUS broke out at 90.17 i bought and sold it at 94.52 and then bought again at 92.50 and sold it at 94.75 after the fed announcement and bought some more at 94.44. One thing ibd or cbd or lbd doesnt teach u is buy low and sell high and rebuy again. Over a period of time this adds to ur confidence your profit margin and most importantly ur knowledge base. Here are some dangerous points about IBD 1. IBD says stocks once fallen never goes up. What happened to netflix it went from 300 dollars to 60 to go back to 300 dollars. 2. Late stage bases dont work. Oh really priceline , visa and stratasys are all in late stage bases they are all working fine. 3. Composite rating and rs line matter and so does new high . Oh really cree was at 73 dollars and one of the leadership board member when it crashed 20 percent after the earning. 4. Always buy on the gap up. really what did trip advisor do it gapped up only to go up t0 80 dollars and come back. 5. Always follow the ibd50. DO we really need to then its like nasdaq 100 only 50 stocks less. if i buy all 50 stocks then what is my profit. 6. IBD 50 covers all the great stocks. Does it Qihu wasnt even featured once it went from 31 to 84 dollars one of the best growth stock in 2013. Instead in the leadership board they feautred jack in the box it tumbled 35 percent after earning and leadership board said later on it was a speculative stock if it was a speculative stock why was it put on the leadership board. 7. IBD says it doesnt recommend any stock then what does leadership board do. 8. IBD says in their seminar institution takes months to buy a stock. then when linked in goes up 2 pc or 2 pc down who is buying or selling its the institution. Institution makes money selling high and buy intraday low who else accounts for 2 million stocks a day. 9. IBD says to buy and hold for 20 pc profit then why does ibd say a stock is extened after 5 pc so does it mean if one is late to the game he should just wait for the stock to go from 5pc to 20 pc . 10. IBD says keep it simple yet we have idb50 ibd weekly review sector leaders its more complicated than nasdaq 100. Bottom line is its simple just concentrate on 5 stocks per year this yea l again at 3 pc profit, great mathematicians know the power of compounding 3 pc taken multiple times gives great result . 11. nodbody need to go through cup with handle without handle double bottom and all its more a myth what works is pivot point 50 day ma buy at the pivot sell on the way up and buy again thats what the market does every day thats wat jesse livermore did he only used to read the tapes i bet if he read a copy of ibd with all these rating he wouldhave gone half crazy. Bottom line select few stocks every year and trade on it get a good chart from a reliable source and follow the chart. Stock market is not a science of rules and regulation its an art buy low sell high and only quality stocks like nflx celgene nus linked tesla what the funds buy is something u must buy that way u dont care about ibd50 or 100 or 1000 it doesnt matter its only the few stocks which makes u money like gerald o loeb which comes over time no ibd cbd or lbd qbd can teach u that .. . Reason being 1. He clearly explains what to do 10 mins on every week day. This is how you keep on top of theul market. 2. He explains the reason why one needs to buy on an market uptrend and how to nimble into the market when its ivoon a market uptrend. 3. He also explains when to sell and take profit. 4. How to use the leaderboard. 5. What is the importance of reading the big picture column, sector leaders and stock on the move. 6. Why is it impohenow all the answers order your copy now. Its a concise book with lot of tips. I call it the handy book to understand the IBD newspaper and uncover the mystery of CANSLIM. Great job Mathew.

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). The book shows how to find the best performing monster stocks by using the tools on the IBD investors website and by using the IBD paper. The author shows the key high probability times to buy the right stocks as they come out of the best patterns: double bottoms, cups with handles, bases, etc. Also how to create your own watch list and be ready to buy these stocks by setting buy stops. The book covers the vital point of risk control and to cut all losses at 7%, 8% or less when the stock fails to trend after a buy point. Also it gives a graph on how many stocks an investor should own based on the size of their capital. The suggestions are for a very concentrated portfolio, which I agree with but it is crucial to split up your stock positions into as many parts as they suggest. I would advise if they say you should own 5 stocks for you size of capital then only use 20% of your capital on any one stock. Let winners run up to 20% to 25% profits before selling or farther if they just rocket. I am glad that Matthew explained that one of the primary keys that make the CAN SLIM method a winning model is the 3/1 risk reward ratio by having 20%/25% gains and only 7%/8% losses. You can win once and lose twice and still make money. If you have been a student of the book "How to Make Money in Stocks", the Investors Business Daily Newspaper,and the Investors website they run, this should be the book that brings it all together for you. Just a great informative, easy to digest, actionable plan for successful growth investing.

First off, this is an excellent book. If you want to make money, read it. It will really help you with the stock market, explain an excellent strategy to trade and even more importantly when to get out and avoid a crash.. But it is a little bit obsolete. Here's why. The material still works, but Investor's Business Daily has updated their site and much of the material in this book is done for you on the site itself and especially with the new Leaderboard product. So you read the book and you're like, "Wow, this is excellent. Oh, look there are videos on the IBD site that will further explain the data" and then you go there with the link or try to search for it on the web page and they are nowhere to be found. So Google to the rescue, I search for the link there and found it and it took me to the page where all the videos were, and most of them are excellent, maybe 1 bad link in the whole bunch, but excellent material. Don't really need to read the book if you have the videos. They are that good. At the time I got the book I was not an IBD member. To follow the author though I signed up for 2 months for $20 as an introductory offer and found most of what the book and video were telling me was not how the IBD website was set up anymore. The book was written in 2017 and in just 3 short years everything was different. Now I knew why the videos could not be accessed at the link. Now The Good News; While the data will certainly help you and IBD is probably one of the best daily publications out there with an exact method of making a LOT of money with stocks, what makes it even better is that while the website is still good for basic data, it is really difficult to figure out (with a LOT of data, which is the original reason why this book was written in the first place.) But, the new product called Leaderboard which you can test drive for free for 2 weeks actually does all the work for you, all the analysis, the charts, the different data points, the general market trend, everything all in one nice little spot without a lot of searching. As I compare the regular website to Leaderboard, LB is much more intuitive and with it, my analysis time is cut to nothing as opposed to what the book outlines as a method for picking stocks. Still, you should read the book because it has some really important info in it. Without it, you might still be lost, but it does give you the info you need and then Leaderboard fills the gap. Anyway, the book will take a little bit of time to read. You can do all the videos instead (link in the book which you Google) in an evening or two. Check out the IBD website and take Leaderboard for a spin. if you do all of that, you'll be light years ahead of other investors, know what to look for in charts. You'll be a stock magician (or female version) once you do what I outlined here. and more importantly, make incredible trades and profits.

I purchased this book about one year ago. I had already bought and read several other books from IBD including How to Make Money in Stocks, and others so I was not expecting too much out of the book that I did not already know. The price was very reasonable so I decided to get the Kindle Version and see if I could learn anything new from it. The start of the book was very basic, but easy to understand for a new investor. Near the end of the book there was some very good information on some add on chart patterns like the 3 weeks tight and bounce of the 10-week line that were explained very well in this book and are not in How to make Money in Stocks. This book has a really very good chart reading section, which has a lot of detail and is very easy to understand. If chart reading is an area where you need to improve this book should help you. The last thing I really like about the Kindle version of the book, (which is the version that I would recommend getting) is that there are links to video's on Investors.com. The links work very well and the videos are well done. This is a well thought out book and I would recommend it to both new investors and more experienced investors. I do not like it quite as much as How to Make Money in Stocks, but this one is almost as good and easily worthy of a 5 star rating for the Kindle version of the book.

I was told about this book from and older friend of mine who is a VP of a major shoe company who knows a thing or two about stocks. With the knowledge and credibility he has about the market I had high hopes about this book. As a 21 year old college student I was looking for a book that was easily understandable and not to complex since I had other books I needed focus more on. After reading this book I would rate this 10 stars if I could. From a beginner perspective this book is amazing. It helps you set parameters on your stocks along with things like buy and sell rules. This book also gives you concrete examples on how to identify stocks and what ones to stay away from. They also have a chapter about learning how to read charts and identifying patterns within them. This is my perspective from a beginner standpoint and would highly recommend this to any person who is looking to get into the market.

this is the best book out there on the O'neil investing system. It has many summaries of what to look for in a stock and the market that are broken up into easy to follow check list. Rather than trying to pick out the important aspects of William O'Neils other books Matt conveniently creates order with his checklist. In O'Neil's other books the reader has to wade through a bunch of writing and decide what is important in stock selection. This was no easy task since the books were 250 pages of charts and stories wrapped around an important fact. This book also comes with a convenient web page with many videos summarizing each chapter and the accompanying checklist. The web site also has a pdf of the checklist to help get started. The book takes the approach of hammering home the important aspects again and again. Sort of like you mother telling you to not do something or to do something as you grew up. Although it often seams to be tiring to read the same thing again and again, it gets its points across better than any other book I've looked at. This book is a must addition to your library if you are an O'neil follower

The book is new and very good. Great to have it at the price.

This is my second book to read about stocks, its good , I like it although I do Day trading and the informatiom it gives is more of investing in stocks not Trading stocks. Its a very good book, teaches well but has a lot of repeatition which makes it boring and the volume big! One thing I dont like about it, is IBD, its like they are just advertising IBD, almost every page has a line, a sentence, if not a paragraph on IBD. The writer keeps referring you to IBD yet IBD requires monthly subscriptions!.

Quite a good book on how to make profits from investing in stocks and holding on to them. Also provides a practical guide for every step of the investment process so that every step is well researched and thought out. A valuable book for all investors

Having read both the original How to Make Money in Stocks and Amy Smith's "Success Stories" follow up, I found this a really useful insight in to how to start to pull it altogether. I had already started using the IBD products and placing trades, but there is so much information available, it is difficult to figure out where to begin. This is a great guide, emphasising a "Keep it simple" approach and actually pointing out where/when to use the information provided. Practical examples - as always in all the texts - grounds the book in reality. I found it well written, but some may find the US-style frustrating. Not for me, but I'm probably more sympathetic to US writing styles than most. For me, a great product that I would heartily recommend.

Dieses Buch ist - in Englisch! - die einfachere Anleitung zum Handeln nach der CAN SLIM Methode, die William O'Neill vor vielen Jahren vorgestellt hat. Die Methode ist mittlerweise als sehr erfolgversprechend bekannt, und Herr Galgani schafft es, diese Methode einfach und mit Beispielen gewürzt darzulegen. Für alle, die (noch) nicht erfahrene Aktienhändler sind, ist dieses Buch hilfreich und die Investition dafür ist es allemal wert. Galgani führt den Leser Schritt für Schritt zum Ziel, unkompliziert geschrieben,- doch leider nur in Englisch. Der Verlag sollte endlich mal eine deutsche Übersetzung davon herausbringen. Selbst wenn darin von amerikanischen Aktien die Rede ist, läßt sich das System genauso auch auf den deutschsprachigen Aktienhandel anwenden. Mit dem Wissen in diesm Buch kann man viel Gld verdienen!

This is really a great book. It is well written and easy to read. Not a copycat, Galgani builds upon Bill O'Neil's work and provides a wealth of great material. I learned a lot more about reading charts, identifying pivots and applying the CAN SLIM strategy. Check out the 5-star reviews on Amazon.com if you are sitting on the fence.

Overall the content of the book is good. Author makes some really valid and educational points. But I was annoyed by the amount of promoting IBD's website and other services. To say that it was mentioned a couple of times is an understatement.