How to Make Money in Stocks Success Stories: New and Advanced Investors Share Their Winning Secrets (BUSINESS BOOKS) Paperback – Illustrated, 16 Jan. 2013

Found this very useful and inspirational. There is plenty of advice on how to use the CANSLIM system, which for those who don't know, is the William O'Neil Investors Business Daily way of investing. (Google it if you don't know. It is a method you could apply to other equity markets than the USA, if you were prepared to do a lot of homework, and of course the technical analysis part of the system is a common breakout pattern. But the O'Neil system is applied to stocks which have the wind behind them on fundamentals as well as technicalsThe great thing for me is that this book is filled with many many well illustrated and clear Charts (still to digest this part of it) and inspirational stories of how ordinary punters have made good in applying the principles of CANSLIM and the difficulties they encountered along the way. And the third most important bit of it is that "cut your losses and let your profits run" and the difficulties in doing that permeates the whole book. This is a great message and central to any style of trading.So I give it five stars- its the best O'Neil book I have read, providing inspiration way beyond the CANSLIM formula.

It is always very inspiring to hear stories of other investors using the Canslim system, and how well they do. Those of you that has been using it for a while, know what I mean.For anyone out there that still needs some confirmation that the Canslim system works well, get the book and read it.I enjoyed the summaries in the book, it is a good refresher to make sure you got all the bases covered.For anyone serious about making money this year, this is a very motivating read!

I rarely write reviews, but felt compelled to after this must read for anyone investing in the stock market. The lessons are all there and told in astraight forward easy to understand language.

A worthwhile read

I read 'How to make money in stocks' by William O'Neil. It is very good, and supplemented my knowledge from reading the excellent books by Mark Minervini. In short, they follow a Growth with Momentum style to buy Quality stocks; as contrasted with a Value style.This book by Amy Smith is little more than a sales pitch for the (paid for) Investors Business Daily service for US stocks. It contains nothing which adds to the basic O'Neil text.Very disappointing.

I definitely recommend this seller.

Nachdem ich den Klassiker von O'Neil gelesen habe, fand auch dieses literarische Schriftstück seinen Weg in mein übervolles Regal voller Investmentbücher. Das Buch enthält keine signifikant neuen Informationen, sondern wiederholt vielmehr das bereits Bekannte aus den anderen Büchern von O'Neil. Bekanntermaßen lernt man aber durch WIederholung, daher hat dieses Buch mir bestimmt irgendwie dabei geholfen, mein Wissen zu konsolidieren.

Nice book

One of my clients, a very successful investment manager, is a friend of Bill O'Neil and assures me he is the real deal. This book is a delight. It is the clearest exposition I've yet read of O'Neil's CAN SLIM approach to stocks. Now I've read O'Neil's books and two by his disciples, Morales and Karcher. I've used the methods successfully for a number of years in swing trading and longer holdings. While probably not too useful for the day trader, swing traders and investors can all benefit from this method.What sets this book apart is the clarity with which the CAN SLIM method is set forth and a close look at its use by successful, but NON-PROFESSIONAL, traders. Seeing their successes and errors adds depth and helps to understand the benefits and limits of the method. Needless to say, seeing what others like yourself can do is very inspirational.The author works for Investors' Business Daily ("IBD"), a newspaper which is very much a tool for the CAN SLIM approach. I like the paper and this book really shows how to use it to its fullest. The author is also the paper's main person in setting up "Meetup" groups throughout the country. So, it is no surprise that she urges those excited by the approach to hook up with one of these groups. She is very persuasive.This book is not as deep or technical as those by O'Neil or Morales and Karcher. Nevertheless, it is valuable and an excellent buy for anyone interested in buying stocks for maximum profit with relatively low risk.

This is a great book. Any CANSLIM beginner or advanced level should read this book to do well in the stock market. This is a book about people from other profession who did quite well over the years using the basic traits of CANSLIM methodology. Amy smith also hosts the weekend weekly show on stock market. Once you read the book you will feel like exploring the IBD and marketsmith again.The story of Barbara James is itself worth the price of the book. She later came on to a radio show last week, she doesnt do anything fancy but just play by the rules. Here were her golden tips on the radio show1. Always buy in an uptrend.2. Focus on the sector leaders in the research table.3. Buy when a stock breaks out in a confirmed uptrend.4. Buy only the top couple of stocks to maximize your profit.5. Share what you learn go to Meet up groups.6. She bought 3D systems on Nov 26 and is already up 35% or more.These are my tips7. Dont chase a stock more than 5% from pivot point.8. Go through growth 250 stocks in market smith.9. Go through the screen rs at relative new high and IPO stocks10. Listen to all the webinars of Scott O Neil and William O Neil.11. Learn about new company at the New America section.12. Keep on learning .13. Stock market is not a place to keep your ego it will humble you sooner or later.14. People like Barbara James , Amy Smith, William O Neil, Scott O Neil, Jesse Livermore come once in a lifetime always be grateful to them they teach you their years of wisdom.15. Dont short a stock. Plungers never make money. Look at the latest example of Netflix it jumped 70% in 2 days. There was more than 25% short interest.16. Keep revising your rules again and again.17. Focus on top 10 of the IBD 50 stocks18. Concentrate on stocks in the spotlight.19. Buy stocks from the leading industry group preferably the first 40.20. Good industry group always has couple of great stocks.21. Be in cash during downtrend but keep your stock list upto date.22. Cut your losses short at 3% from your buy point remember its your hard earned money.23. Watch when a good stock after a good run forms another base or comes back to 50 day ma these are you great areas for add on buys.24. A good leader will be around for 18 months so it will offer multiple chances to buy and sell but try to hang on to leaders.25. Spread the knowledge of light people will always remember you. Remember banks dont give free advice nor do the brokers they only take their commission, remember the big crash of 2008 they didnt come to your rescue so keep on learning keep expanding your network through meetup groups.I have been with IBD and marketsmith since 2005 and have profited immensely from it both in good times and bad times. This book is well written by Amy smith. Over the years I had the privilege of listening to Ken Shreeve, Chris Gessel, Mike Webster, Charles Hefner, Scott O Neil, William O Neilthrough the IBD level 1 , 2 3 level courses their various radio shows. I call Investors Business Daily the bible of investment. Over the years I have observed the various stock charts in the marketsmith. I only buy stocks at pivot point and sell it at the 20% profit threshold and buy them only when the market is in a uptrend. I never argue with the market when the big picture says market in correction I am 100% in cash waiting for the next uptrend while keeping my watch list up to date.These books are all tools but one matures with time and excels in it. The more home work one does the more he reaps. I am senior electrical engineer with 14 years experience my day job is very intense as I work with semiconductor chips. Yet during my lunch time during weekend I go through stock screens , charts and am in sync with the market. Like engineering investment is a never ending journey you learn and innovate on something. Whenever I made profits whether it was Michael kors, Celgene, Equinix, Ryland homes, solar winds, rackspace hosting, I always tell people in marketsmith about it whom I have known over the years . I have known one person Irusha Peiris since march 2009 when I first trading in Netflix and we shared lot of moments along the way . I also blog in my linked in account.