How to Make Money in Stocks - A Winning System in Good Times Or Bad
William J. O'Neil
Summary
Key Facts/Insights
- Investment is more of a science than a gamble, and it requires a systematic approach.
- Understanding the CAN SLIM methodology, which is a seven-step approach to investing.
- Focus on companies that have strong earnings growth.
- Importance of chart patterns and technical analysis.
- Understanding the concept of supply and demand in stock trading.
- The role of market indexes in stock selection.
- Timing is crucial in the stock market.
- Discipline is key to successful investing.
- Diversification isn't always the best strategy. It's better to focus on a few good stocks.
- Always cut your losses at a maximum of 7-8%. ...
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