Books How To Make Money In Stocks by William J. O'Neill

How to Make Money in Stocks by William J. O'Neil is a practical investing guide centered on the CAN SLIM strategy, which combines fundamental and technical analysis to identify high-growth stocks early. The book teaches readers to recognize specific price patterns—most notably the "cup with handle"—that signal strong bases and potential breakouts, indicating institutional accumulation and momentum. O'Neil emphasizes buying stocks on the rise near their yearly highs, rather than cheap, declining stocks, and stresses cutting losses quickly (typically at 7–8%) to protect capital and mental discipline. The CAN SLIM acronym stands for Current earnings, Annual growth, New products or highs, Supply and demand, Leadership, Institutional sponsorship, and Market direction, guiding investors on what to look for fundamentally and technically. The book also covers execution tactics, including when to sell and money management, and highlights the importance of aligning trades with overall market trends. It is particularly suited for active traders and growth investors seeking a systematic, data-driven approach to outperform the market. The strategy is backed by decades of historical data and chart analysis, aiming to help investors avoid common pitfalls like holding losers too long or buying falling stocks12456.

1 BOOK