Honest review of the CANSLIM strategy
Вставка
- Опубліковано 2 кві 2023
- Helpful Links:
My website: www.carusoinsights.com/
Follow me on Twitter: / trader_mcaruso
Follow me on Substack: matthewcaruso.substack.com/
This video is an honest review of the CANSLIM strategy and my experience.
CHAPTERS
0:22 - My journey with the CANSLIM strategy
0:51 - What is CANSLIM?
1: 50 - What does the ACRONYM CANSLIM stand for?
2:10 My learning from the CANSLIM Strategy
5:27 - Quick review of the book “How to make money in Stocks
11:00 - Summary
12:13 Wrap up
Married puts will make life easier when trading raw breakouts.
It is a laughable strategy. They talk about cup with broken handles or high tight ass flags. Warren Buffett would laugh at their silliness.
This is excellent and addresses my brief experience with breakouts, ie, most fail which gets “old” in a hurry. Last Sunday’s video was superb. Your focus on a small number of carefully selected quality companies with strong fundamentals is appreciated.
I could not agree more with your view that it is a simple method and strategy, but it is extremely difficult to implement behaviorally and seems easy from first glance. This is why I think so many people get attracted to the strategy and then leave after a time period such as the last 2 years.
Turtle trader gang
Matt, it seems that your system ignores the 'M - Market Direction'. While you commented that you made 346%+ in 2020 in a bull market, you didn't mention what you made in 2021, 2022 and 2023. Your system of holding on for home runs and not taking partial profits only works in a bull market, but has you fighting the trend and does not work in a choppy market like 2021 and 2022. My experience following your system has your members down -10 to 20% in 2022, down almost 10% in 2023 and a win rate under 10%. Losing money trade after trade in a choppy market while waiting for the next bull market is not a good system. Factor in inflation and your members will have to make 50+ percent just to break even after 2+ years of negative returns using your system. I really hope that your system will adapt to How to Make Money in a Choppy Market because that is where the real skill lies, not just a bull market where everybody can be a winner.
I feel the same with CANSLIM. More focus would be needed on the portfolio management strategy and risk loss. Overall a must read anyway.
You described my exact experience with CANSLIM - It was as if you were watching me trade the past couple years! Good stuff and I appreciate the insights. I’m an IBD Live subscriber and that’s how I found you. Couldn’t agree more that O’Niell has had a positive impact on my trading but I have been looking for more learning opportunities. You have really helped me in the short time I’ve been following your content. Thanks!
Thanks for your honesty
In the older books didn't he say you're looking for the top 2% of stocks? I don't think it's 2%.
Love your analysis and truthfulness
Super confirming. Thanks Matt.
well articulated and excellent job threading a needle with a difficult message for many to understand who have not experienced the journey...
Thank you Bro ❤ Kindly plan for writing book for sharing your knowledge for timings, Risk management, portfolio management and position sizing which should be combined with canslim .
Thanks Matt for your honesty and insight 👍
Great video. I feel like I’m going through exactly what you went through maybe. To your point, great book & so much foundational knowledge in there that is still the core of stock selection…but I’m glad I expanded my horizons in my investing/trading journey to learn from others & learn different stuff, including following everything you put out for the public!
Great video! I prefer to buy pullbacks and you've really validated the experience i have had trying to buy breakouts and getting cut up
Thanks for doing this video. I have had my share of frustrations in implementing Canslim.
You are so accurate, it really helps that you articulated the intense journey, and what this great book has, and what it hasn't.
Thanks really enjoyed this as it was my experience too.