Great but not as applicable outside the USA

I picked up 'o Neil's book at a BN store in NJ while on vacation in the US. I had heard all the hype and it didn't disappoint. I think what it does well is integrate Fundamentals (the CANSLIM methodology) with technical analysis. 'o Neil also has created Investors' Business Daily (IBD) which is a fantastic database and publication. However, it is less useful in our market (the JSE). It certainly made me think more about what company I am buying before I press the 'BUY' button based on a setup alone.

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23 February 2010

Thomasonr

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In the money stocks.com is the place to be.!!!!

First of all i never write testimonials but their service is so good i wanted to share..

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14 February 2010

Davecash77

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Essential

I do not follow the CANSLIM method, but this is still an essential resource to read & refer to about charts & market understanding.

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31 January 2010

ShiraKashi

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TURNED MY TRADING AROUND

This book is an absolute must read. It clarifies everything. Even if you are not a CANSLIM trader, this book will make a positive difference in your trading.

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14 February 2010

Beachmom

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Don't skip this one

There are very few technical analysis books with the track record of William O'Neil. O'Neil is the founder of Investors Business Daily and this book is basic, but broad and is necessary for anyone interested in TA. They aren't just guessing on the most accurate patterns, they have back tested extensively.

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10 February 2010

JayBiddyTrader

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One of the Best

I love this book. It is not like most market books that are light on substance and not written by successful traders. This book outline Bill O'Neil's strategy that is backed by research and the results of people that have successfully implemented his strategy. I would give this book a strong recommendation to anyone.

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25 December 2009

Momcinto

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A MUST READ!!!

Great book for any beginner who really wants to get serious about trading stocks. As a college student i have read a lot of books during the past two years(usually from timothy sykes library) and non can compare to this one. I expected the book to be hard to understand because of all the the charts in the opening chapter but, William J. Oneil explains the CAN SLIM method so well that after reading the book those charts are a blue print to get stocks

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08 December 2009

Gutierrezr728

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This the first book I bought

This book and Toni Turner's How to make money in the short term are the only two books you need for a beginner to start trading. These books cover from basic to advanced topics. I think I have read these books many times because every time you read it, you pick up on new things.

These are dirt cheap and you can usually find a deal on amazon. If you are even more poor, you can download it for free. Just don't ask me where =D

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17 January 2010

Imports4069

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awesome book

This was my first finance book I've ever read and I'd have to say it is a great book, although I read the 2nd edition and not the newest updated one but I'm pretty sure most of content is the same besides the intra-day charts he put in there. I'm not entirely sure, don't quote me on that.

This is a great book for long-term investments b/c he teaches you how to pick value and growths stocks and William J. O'neil teaches you his infamous CAN SLIM rule for buying and selling stocks. There are also a lot of technical analysis in this book, which is very important!!

And the book is only $10?!?1 >:( that's super cheap! haha. I bought mine at Barnes & Noble for $20... :(

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26 November 2009

Chanxmanx

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Required Basic Readi

My top pick for beginner traders & investors, this sucker has sold 1+ million copies…besides CANSLIM investing being a successful strategy, it’s now just all one big self-fulfilling prophecy—don’t be the only one on the block who hasn’t read this…lots of angles to profit from its popularity.

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01 December 2009

Tim

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Good read

Probably the most essential beginners guide into the stock market. However the book doesn't get into too much detail in certain areas. But like I said, it's a good beginners guide to understanding the market system.

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13 January 2010

Huwwaa

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The ever classic CANSLIM

CANSLIM has become one of the most commonly employed trading/investing strategy, and is explained in "How to Make Money in Stocks". Because the strategy is so widely used, I feel it is important for all traders/investors to have at least a basic understanding of the CANSLIM strategy. Worth the read, I would recommend it.

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10 January 2010

Westcoast777

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Good Read

This was one of the first books I read before I started trading. I enjoyed it and learned quite a bit. It has plenty of historical charts and is a good read for someone looking to learn about the markets. This is usually the first book I recommend to beginners.

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21 January 2010

Bmon

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Good for Beginners

It is good for beginners, gives you some of the basics.

Don't pay for it, you can easily find it for free online

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22 December 2009

Betheball

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The best guide if you believe in any long term investing...

O'neil's methods, if using any long term holding, are arguably some of the best. IBD consistently performs, and their newspaper is pretty good for its niche.

I do not favor this style, but I have the book and have read it and I think he does an excellent job, but it is still a bit of an upsell for his high priced seminars and CANSLIM product line.

At least he tries to detail his trade results, which is more than can be said for most in this business besides Sykes and Reaper!

In the book, he describes some of the set ups, and gives the famous cup with handle formation with guidelines that is used in his newspaper daily (IBD) and the "rules" to live by in investing.

One of the stand out advices given is do not hold and hope, cut losses early and often whenever a stock (even a top notch play by all analysis) falls 8%+ from a proper entry, and to make NO exceptions.

If long term holders really want to learn, this book is required reading, and one of the only multi-week strategies that can be recommended!

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22 January 2010

BigT

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