How to Make Money in Stocks: A Winning System in Good Times or Bad by William J. O'Neil

How to Make Money in Stocks: A Winning System in Good Times or Bad by William J. O'Neil

"How to Make Money in Stocks"—authored by the legendary Wall Street icon and founder of Investor's Business Daily, William J. O'Neil—is one of the most celebrated and thoroughly back-tested growth investing manuals ever written.

O'Neil shattered the age-old wall between fundamental purists and technical chartists by fusing them into a singular, powerhouse strategy called the CAN SLIM system. His core philosophy completely rejects the traditional value investing approach of hunting for "cheap," beat-up stocks. Instead, O'Neil proves that the stock market's true monster winners—the companies that shoot up 1,000% or more—rarely look cheap. They are premium, cutting-edge companies trading at high valuations that are just beginning to break out of classic chart patterns on massive institutional volume.

O'Neil’s Directives for High-Growth Portfolio Management

• Cut Losses at 7% Without Exception: This is O'Neil’s ultimate ironclad safety rule. If you buy a stock on a breakout and it reverses downward to drop 7% below your purchase price, you sell it immediately. No waiting for earnings, no hoping for a bounce—just cut it. This ensures a few bad trades can never fatally damage your portfolio.

• Ignore the P/E Ratio as a Ceiling: Traditional value metrics will cause you to completely miss out on the greatest corporate success stories. O'Neil’s historical research revealed that the absolute best-performing stocks of the 20th and 21st centuries launched their monster multi-hundred percent runs while already sporting P/E ratios well above 30, 40, or even 50.

• Follow the Daily Follow-Through Day: To time the birth of a new bull market, O'Neil invented the "Follow-Through Day." During a market correction, you look for a day where a major index (like the S&P 500) closes up significantly (usually over 1.5%) on trading volume that is clearly higher than the previous day. This confirms institutional accumulation is back, flashing the green light to buy CAN SLIM leaders.

Language: English.

Genre: Finance.

Binding: সেলাই করা বাইন্ডিং

Quality: Premium Quality Books.

Printing: High Quality Printing.

Paper: Eye Friendly paper (Cream White)

Cover: Matt cover (Paperback).