I've found and interesting strategy called CANSLIM by William O'Neal who seems to be an experienced trader, broker writer. He is the author of:
How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition
Anyway if anyone is interested, I have made the summary of the C-A-N-S-L-I-M method - just 7 points to the strategy.
Recently I am starting to read up on some successful traders and some advice are counter intuitive to what amateurs (like myself) think in the beginning. One revolutionary idea is BUY WHEN HIGH, and SELL HIGHER - instead of the Buy Low, Sell High - because chances are if the stock is breaking out, it will keep going on.
Anyway more details are in:
http://ozstock.blogspot.com/2010/12/canslim-method-william-oneil.html
- Forums
- ASX - General
- canslim - technical and fundamental combined
canslim - technical and fundamental combined
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Iggy Tan, Executive Chairman
Iggy Tan
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online