HOW TO MAKE MONEY IN STOCKS SUMMARY (BY WILLIAM O’ NEIL)
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- Опубліковано 18 чер 2024
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Animated video summary of How to Make Money in Stocks, where I will present the top 5 takeaways from this William O’Neil best-seller, that any investor should consider when buying and selling stocks.
A playlist of the greatest beginner’s books on day trading: bit.ly/2RRmXrs
Top 5 takeaways from How to Make Money in Stocks:
00:00 Intro
0:28 1. Follow CAN SLIM
3:03 2. How You Can Decide the Market Direction
5:05 3. Buy Stocks from a Strong Base
7:35 4. 1 Time You Should Always Sell Your Stock
8:44 5. 9 Times You Should Consider Selling Your Stock
TL;DW:
- Takeaway number 1 is that before buying a stock, make sure that it passes the CAN SLIM-test.
- Advice number 2 is that every investor must have tools for deciding whether we are in a bull or bear market. This is important because using leverage in a bull market, while raising cash in bear markets will increase your gains tremendously.
- The 3rd tip is that it’s not enough for a stock to pass CAN SLIM for you to invest in it. The best opportunities arise from stocks that are also forming strong bases, such the “cup with handle”.
- Takeaway number 4 is that you must face reality when you are wrong and limit your losses. You do this by selling everything that goes below 7-8% of your purchasing price.
- Lastly, takeaway number 5 is that there are multiple situations where it’s time to realize your stock gains. Develop a system for this, and don’t be afraid to steal a few of William O’Neil’s time tested methods for it.
My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there - investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties - I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process - upgrading your money-making toolbox.
A playlist of the greatest beginner’s books on day trading: bit.ly/2RRmXrs
Your videos are on point, which platform do you use to make videos ?
I will be rewatching this and referring to this many of times. Thank you!
You save time of viewers to read 300 pages large book. As I read it. All points covered by you
what you did is brillant and a lot of work Very impressive Thank you very much
CLOS DEBUCY that is great to hear! I appreciate it 👌
I really like your book summaries! One suggestion: You could also do a one two page sheet summary, which everyone can download. Then you could also collect Email-Addresses and write a newsletter, that would be cool too!
Michael Vito thanks a million man. Really like receiving suggestions like this 👍 I will see what I can do in the future, it's a good idea.
The Swedish Investor you should definitely do this and collect email addresses.
@@TheSwedishInvestor have you made it though ?
Yeah he should !
Thank you for this video!
Hi, swedish investor, this is one of the best summary till date i have come across on the O'Neils canslim methodology.. And not to forget the superb animations also.. Thank you a lot for your efforts and the teachings..tq..😊
Amazing, very well summed up
Appreciate this 🙏🏾
Thank you very much. Subscribed.
That illustration with the turkey was everything ! Thanks for this summary
Nice. Thanks for translating the book for me!
Thanks much for this video review! Definitely appreciate your time & resources invested! 🙏🏼 🙌🏼
Only noticed a minor misquote, when referencing the publish year of the book, which was originally 1988 (1st Edition).
The latest (4th) Edition was published in 2009.
Nonetheless, thank you, again, for this video! Learning a lot! 🤓📈
Happy Holidays & Many Blessings! 😁
Thank you so much!! I learned a lot from most of your videos about books
Nhan Ha that is great to hear, glad that I can help!
Thanks a lot for explaining "can slim" method 👍
Amazing performance, Thank uu so much
Wow. This is awesome. Straight forward lesson. Thanks
Cheers Al J Pelayo! 💸
A great book review thanks
Thank you sir
Good video. Thank you.
Great explanation sir...
awesome takeaways. great video
Hello Sir!
I didn't found your summary on trading in the zone by Mark Douglas!
Pls provide the link if it is still available.
Thanking you in anticipation!
Cool video, i really enjoyed the content
Very very nice video sir.. 👌
I love your video ❤️...
Please make video on this topic
Thank you so much for a great video . I would like to ask you if might consider making a video about a book called Pit Bull by Martin Schwartz.
Nice work!
Very very nice video sir 👌
Please make video on trading book summary
Very concise and well summarised. I read the book and was making notes along the way; currently re-reading it; your summary would be fantastic to have. Is this available in separate slides or as one large poster?
Awesome, glad to hear it rjordan05. The videos are not available in any other format (yet), but thank you for these suggestions.
Love it
Nice review from Sverige!
Very very nice video sir 👌
Excellent 👌
Superb video best representation easy to understand it's best way to learn
Cheers milind! I appreciate it a ton! 😁
Did you make the animation by yourself too?? Love your content sir ❤
Awesome. Would you do "A man for all markets" - Edward Thorp? Thanks in advance.
Very good
Please review these two fantastic books, "Just Eat the Worm" and "Higher is calling" by Maxwell Adekoje. Thanks!
Oneal leaned heavy on Darvas's method.
I am not sure you need some of these... But it's good advice
Brilliant
Waiting for this avaliablility in amazon, unfortunately its not there to buy physical book
I bought a hard copy of this book in December 2017, during the first mainstream of BITCOIN
Hi. I enjoy you vids particularly the graphics. Do u draw them yourself or outsource them? Thanks A
Most likely outsourced
I bought this book in 1999. The secrets of trading are in the fine print. Because if you get to that level you will know how to trade and when to trade.
SLOW IT DOWN
change speed to 0.75 from normal
Yeah i suddenly fee like i dont understand english
I watched at 1.5x speed.
Yes, 0.75 playback speed is the best. Ty
Nice
Good summary! You’re definitely Swedish lol I’ve never even heard of dalahorses or polka pigs
Haha cheers GarageGymFitness!
10:34 may I know why sell at the upper channel line? because the stock is still advancing at the breakout.
What was that about selling in Bear Markets and Buying during Bull Markets?
great video, I was Turkey trapped in 2021 bull market😅, didnt exit on time, lost all gains
What about doing duel momentum trading book
Which site do you recommand that is the easiest to see the quarterly earnings from year to year and the sales anf annual earnings?
Capital IQ is exception, but exceptionally expensive too. Yahoo Finance is free but doesn't provide much data. Screener.co is quite cheap, but is a little bit difficult to wrap your head around. I'd actually recommend a Swedish site called borsdata.se (it works in English too)
The content is great, but the speaking speed can be slow down as the lecturer style? Thanks for your channel.
I like the content, very solid. I would suggest that you slow down a bit when talking
Thank you Faris XP for your feedback. Would you mind checking one of my most recent video to see if you think it has improved?
@@TheSwedishInvestor Your speed is fine. I watched your videos at > 1.5x speed.
All these selling strategies are good for those who are doing positional trading and wont work for 10 or 15 years long term investors.
Why is that?
Stocks that beat earnings and guide higher are good trades for the next 3 months
From the book, in CAN SLIM the “S” is for Sales /return on investment, not “Supply/demand” as stated here😬
I wonder why he does do short selling
Hi my swedish friend. Can you do some videos about alternative investing.
Such as renting out good and drink dispensaries. Other investments that people know less about.
Noone explains things like you. Please do this for the channel, its so awesome.
I like the jokes too.
I like the suggestions englishcoach777! I will consider it for a future video. Stay tuned!
@@TheSwedishInvestor i really like all of your content.
If a stock is fundamentally correct still should we cut our losses or book profit.
It's kind of contradictory to Warren Buffett hold forever statement.
I'm by no means an expert but at university we looked into it and our prof showed us statistics that indicate that the highest ups in % are often the day after the biggest downs so if you sell as soon as it goes down you may miss out on the big upswing.. and I think following buffet's advice can't be too bad either🤷🏽♂️
@@danielburkhardt721 thanks bro!
Brilliant content bro! Love this. Is there a way to contact you privately? I have a business proposition for you.
Thank a lot for the praise man! Of course! Please provide me with an email address and I will contact you.
SI here is my gmail address: shawndouglaas@gmail.com
Very good video a lot of stuff to learn I'd rather continue with low cost total market index funds max out the IRAs and More monthly thus dollar cost averaging not have to worry about buying and trading.
CHECK! 30/11/2021
this video saved me $40
@ 75% speed I can follow.
As I know, the book was originally published in 1988
Hey bro i am fed up and confused whom to hear and whom to not totally devastated bro sorry to say. i have my statergy to buy every dip and hold an index fund forever i follow pe and marcap to gdp ratio can i be a good investor for long term plz reply sorry for big question "every time i want to start i come with new things what to do plz help"
I don't think that there's a single way to become rich from investments, and so, my tip for you would be to research a lot of different methodologies - from those that already are rich from investments and that have a long and proven record. Then you must try them out yourself to see what works for you. Keep studying and trust in the process!
@@TheSwedishInvestor thank u bro but their are some things that all are common for example buy low sell high u and i cannot change it so can i make my own stragery and follow???
@@jesuschrist3.146 backtest your favorite strategies and see if it fits your goals.. if not improvise
@@tenand11 thank u bro Jesus bless u
The only point where selling stocks at 7 to 8% decline is debatable. Reasons try to find out if issues are internal or external. If external stock will surely bounce back . Secondly if you already sold out stocks you would lose opportunity to earn dividends, stock splits , bonus shares etc during downtrend. Thirdly every time you buy and sell stocks on 7 to 8 % decline ...brokers will eat up your majority of profits through charges.
So when should you sell then?So many stocks are up for years,then reverse their course and are down for 5-10 years
I notice that u always have a fast pace of discussion
if the price goes below the price you paid for can you just wait for it to go up again?
If investing in a large corporation
When investing for the long-term, just hold on to the stock as long as you think the business is worth more than the price in the market. When trading, there are multiple suggestions on who to handle this, but most suggest that you should "cut your losses short". So sell quick if the trend isn't with you.
This is trading, a perfect way to lose money on the long term. If you were investing, you should never sell if the intrinsic value is over the current price.
easy - no you don't sell ,you buy more at a better price.
@@MrEaglenator how do you know when the intrinsic value is over what you paid for?
reduce the speed
Great summary man, however William O' Neil is....
yeah you guessed it,
Wrong!
Yep lol. It was a very good summary but William O'Neil trying to suggest that you can time the markets with teacups is just as silly as reading tea-leaves.
It good to speak a little bit slow
There's a much easier way. Just find products you really like, that others like too.
The first time I used Google, I loved it. First time I tasted a beyond meat burger - I knew that would be the future. First time I used Android, I fell in love. So find products that are really great and invest the companies that are making those products/services.
Not sure about that idea.For instance, I like Under Armor clothes but look at the stock.Its horrible.
android is google. and beyond meat is not doing well, it was declining slowly since 2019 post covid.
But the only problem is that, which can be a big one is that you can become emotionally attached to a stock and not sell it when you should
Ur animated explanation for all videos,is nice ,ok but can u sort these into a more explanatory "complete " video or in 2. Videos so that we understand and get into?!do u understand that all ur videos must give an end up in a more complete single video?checkthat!?its needed?!u wd grow in also
Raviteja Cheruvu, thank you for the suggestion! I might do something similar to that in the future, although that will make for a very very long video, and perhaps a book is a better format, or a long series of videos maybe.
Why do you type like this?! Are you angry?!
For those complaining on speed replay @ 0.75 when you take notes or even when you listen for the 1st time.
Best Playback Speed is at 0.75x.
The video is great, except for the pace.
My opinion is that the presentation flows a bit too fast. The speed is too fast to take in information enjoyably. Good thing I can pause & write things down.
@Whatsàpp†⓵⓹⓪⓻⓷⓺⓺⓼⓷⓼⓶
Hey that’s great!
Fuck off!
Didn't he set up a fund and it ended up bad?
I notice that you are more a fundamentalist
too fast to catch... even with .75 speed
The first edition was published in 1988...
You should have known that without being told.
Hehe, with several thousands of facts presented online to your name, you are bound to get some of them wrong 😊
This would be perfect if you did not speak and transition so fast . It did not give me enough time to think about each concept.
Please, slow it down a bit.
Slow down!
A load of bollox!
I love this channel, however, this is by far the worst advice on stock market investing.
Why do you say that? You must actually know stocks and not here trying to learn like us?
You talk too fast!
I made my profits during the covid-19 pandemic from investing with Joanna Maliva Lee, i am now on the journey to financial freedom
its a bit of a shock to see someone else that knows Joanna, i was able to get a new house in LA from my investments with her
Please how can i get in touch with her
Thanks to Joanna Maliva Lee i was able to put my kids in a better school
i am new to bitcoin investment please how can i reach Joanna
Just search her name on google you will find her, she's well known..
This books is really a crap
horrible explanation. too fast..could not understand half of the video
This book should better be titled "How to lose money in stocks". Trade often, buy high during exuberance and sell low during bear markets? It is almost the exact opposite of Ben Graham's books.
Yes, and that teacup thing was silly. Nobody knows exactly when a share price is going to go up or down. If anyone did, they would be the richest person to ever live.
I usually don’t comment on UA-cam but this one seems important. Because I have been in exact same place where you are and I was looking at it all wrong (and so are you)
You got it wrong the moment you compared O’Neil philosophy with Ben Graham’s. Although you are absolutely correct that it is exactly opposite of graham’s, but that doesn’t mean either of them are wrong. Both are correct, one can make money following either, but one CANNOT make money if they try to mix them up
O’Neil’s approach is suited only for people work trading mindset who would supplement it with proper risk management, position sizing, stop losses. Don’t think holding time of forever here.
Graham is a value invester. Oneil is a momentum investor. Both are great so chose the closest to your style and dont try to mix them.
The book is trash:
Never get fully invested and never borrow to invest in the market! 🤦♂️
Why is the book trash? Was thinking of getting it
@@bryanherincx3844 it isn't trash
sorry, you're too fast for me buddy! I'd get a headache trying to listen to this. Also, as English is not your native language, this adds to the headache effect!