Enter the characters you see belowSorry, we just need to make sure you're not a robot. For best results, please make sure your browser is accepting cookies. Show Type the characters you see in this image: Try different image Conditions of Use Privacy Policy © 1996-2014, Amazon.com, Inc. or its affiliates PDF DOWNLOAD Online PDF How to Make Money in Stocks Getting Started: A Guide to Putting CAN SLIM Concepts into Action Read Online Details Details Product: The first hands-on tutorial to profiting with William J. O'Neil's legendary CAN SLIM investing methodHow to Make Money in Stocks Getting Started introduces investors to the basic concepts of CAN SLIM--the proven seven-step system investors around the world have used to generate millions in profits. It includes a brief overview of the system's main points, focusing on the basic rules and routines you need to get started.Matthew Galgani is Director of Content Strategy at Investor's Business Daily. He launched the IBD 2 Minute Tip video series and writes and produces educational videos and materials for investors. Author: Language: English Format: PDF / EPUB / MOBI E-Books are now available on this website Works on PC, iPad, Android, iOS, Tablet, MAC) THE BEST & MORE SELLER Discover a new world at your fingertips with our wide selection of books online. Our online bookstore features the latest books, eBooks and audio books from best-selling authors, so you can click through our aisles to browse titles & genres that make jaws fall in love with adults, teens and children. Find the perfect book for you today PDF DOWNLOAD Online PDF How to Make Money in Stocks Getting Started: A Guide to Putting CAN SLIM Concepts into Action Read Online Details
Details Product: The first hands-on tutorial to profiting with William J. O'Neil's legendary CAN SLIM investing methodHow to Make Money in Stocks Getting Started introduces investors to the basic concepts of CAN SLIM--the proven seven-step system investors around the world have used to generate millions in profits. It includes a brief overview of the system's main points, focusing on the basic rules and routines you need to get started.Matthew Galgani is Director of Content Strategy at
Investor's Business Daily. He launched the IBD 2 Minute Tip video series and writes and produces educational videos and materials for investors. THE BEST & MORE SELLER Copyright © 2013 by McGraw-Hill Education LLC. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a data base or retrieval system, without the prior written permission of the publisher. ISBN: 978-0-07-181012-8 MHID: 0-07-181012-9 The material in this eBook also appears in the print version of this title: ISBN: 978-0-07-181011-1, MHID: 0-07-181011-0. eBook conversion by codeMantra Version 2.0 All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill Education eBooks are available at special quantity discounts to use as premiums and sales promotions or for use in corporate training programs. To contact a representative please visit the Contact Us page at www.mhprofessional.com. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that neither the author nor the publisher is engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. —From a Declaration of Principles jointly adopted by a Committee of the American Bar Association and a Committee of Publishers and Associations TERMS OF USE This is a copyrighted work and McGraw-Hill Education and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the work, you may not decompile, disassemble, reverse engineer, reproduce, modify, create derivative works based upon, transmit, distribute, disseminate, sell, publish or sublicense the work or any part of it without McGraw-Hill Education’s prior consent. You may use the work for your own noncommercial and personal use; any other use of the work is strictly prohibited. Your right to use the work may be terminated if you fail to comply with these terms. THE WORK IS PROVIDED AS IS. McGRAW-HILL EDUCATION AND ITS LICENSORS MAKE NO GUARANTEES OR WARRANTIES AS TO THE ACCURACY, ADEQUACY OR COMPLETENESS OF OR RESULTS TO BE OBTAINED FROM USING THE WORK, INCLUDING ANY INFORMATION THAT CAN BE ACCESSED THROUGH THE WORK VIA HYPERLINK OR OTHERWISE, AND EXPRESSLY DISCLAIM ANY WARRANTY, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. McGraw-Hill Education and its licensors do not warrant or guarantee that the functions contained in the work will meet your requirements or that its operation will be uninterrupted or error free. Neither McGraw-Hill Education nor its licensors shall be liable to you or anyone else for any inaccuracy, error or omission, regardless of cause, in the work or for any damages resulting therefrom. McGraw-Hill Education has no responsibility for the content of any information accessed through the work. Under no circumstances shall McGraw-Hill Education and/or its licensors be liable for any indirect, incidental, special, punitive, consequential or similar damages that result from the use of or inability to use the work, even if any of them has been advised of the possibility of such damages. This limitation of liability shall apply to any claim or cause whatsoever whether such claim or cause arises in contract, tort or otherwise. • CONTENTS •Foreword Introduction CHAPTER 1 Start Here How to Protect Your Money The Basic Game Plan for Making Money in Stocks CHAPTER 2 The CAN SLIM® Investment System The 3 Big Rocks of CAN SLIM Investing CAN SLIM Case Studies CHAPTER 3 Buying Checklist Buying Checklist Does Your Stock Pass or Fail? Big Rock #1: Only Buy Stocks in a Market Uptrend. Take Defensive Action as a Downtrend Begins. Big Rock #2: Focus on Companies with Big Earnings Growth and a New, Innovative Product or Service Big Rock #3: Buy Stocks Being Heavily Bought by Institutional Investors. Avoid Those They’re Heavily Selling. A Tale of 2 Stocks: Priceline.com vs. Expedia You Make the Call: Which Stock Looks Stronger? What if Your Stock Gets Both Pass and Fail Ratings? Be Cautious—but on the Hunt—During Earnings Season CHAPTER 4 Simple Routines for Finding Winning Stocks Want Good Results? Stick to a Good Routine! Simple Weekend Routine 10-Minute Daily Routine Busy During the Day? Set Automatic Trade Triggers Finding Winners Using the Simple Weekend Routine Take a Simple 2-Week Challenge CHAPTER 5 Selling Checklist Selling Checklist Want to Invest Well? Learn How to Sell Well! 8 Secrets of Successful Selling A Simple Selling Game Plan Offensive Selling to Lock in Your Profits Defensive Selling to Cut Short Any Losses and Protect Your Gains CHAPTER 6 Don’t Invest Blindly: Use Charts to See the Best Time to Buy and Sell Why Use Charts? Chart-Reading 101 What’s in a Chart? What’s the Trend? Always Check Price and Volume Is the Stock Finding Support or Hitting Resistance? 3 Telltale Patterns That Launch Big Moves Cup-with-Handle Double Bottom Flat Base Go Beyond Just the Shapes See a Pattern Here? Alternative Buy Points Using Charts to Go Through the Checklists Buying Checklist Selling Checklist CHAPTER 7 More Tips and Tools for Getting Started Right How Many Stocks Should You Own? How to Build and Maintain an Actionable Watch List How to Do a Profitable Post-Analysis Improve Your Results by Improving Your Records More Ways to Find Winning Stocks Acknowledgments Index • FOREWORD •How to Make Money in Stocks—Getting Started is an important book for all investors. If you’re new to the stock market and unsure—perhaps nervous—about how to begin investing, Matt’s book may be the missing link you’ve been looking for. You’ll find a step-by-step game plan with checklists and routines to make sure you start out right. More experienced investors can reference these same strategies and tools to streamline their routines and further improve their returns. From the time I founded Investor’s Business Daily in 1984, we’ve focused on education, knowing that anyone with a desire to learn can become a successful investor. Since then, countless people from all walks of life have used IBD® and the CAN SLIM® Investment System to achieve significant results. I first met Matthew Galgani a decade ago when he came to us to help market IBD to more investors. He also had a strong desire to master the CAN SLIM System to build his own financial future. Matt began attending dozens of IBD workshops around the country, then went on to help establish and expand the IBD Meetup® program in its early stages. Since then, he has been involved in several pivotal educational products, including co-hosting IBD’s weekly radio show, editing the IBD®extra Newsletter, and creating IBD TV® videos. Matt also helped me develop the IBD Meetup Investor Education Series, a 13-part course created specifically for Meetup members. Each month, those interactive lessons are used by local groups all over the nation and are one of the best ways we’ve found to help investors establish a clear plan for making money in the market. Getting Started is a natural complement to my earlier work, How to Make Money in Stocks. Matt’s book helps you take those crucial first steps while creating proper investing habits that help you build wealth over time. No one becomes a successful investor overnight. Like all skills, investing takes time and effort to learn. But anyone with patience and perseverance can do it. The key is to follow a sound plan and never give up. I’ve read this book carefully and can tell you that in the pages ahead, you’ll discover an investing plan that works. The rest is up to you. I have no doubt that if you study and stick to the rules outlined in Getting Started, you can benefit greatly. Understand that you do not need to do this on your own. IBD is here to help you every step of the way with free educational resources, including the IBD Meetup program, product training, IBD TV videos, and more. If you ever have any questions, call our toll-free educational hotline (800-831-2525) to get the help you need. We’re wishing you the very best in your investing journey. Sincerely, William J. O’Neil Chairman and Founder Investor’s Business Daily • INTRODUCTION •What’s the Difference Between Getting Started and Bill O’Neil’s How to Make Money in Stocks? What You’ll Learn in Getting Started How to Get the Most Out of This Book Start Right with 3 Must-Do Steps This is a book about taking action. About taking specific steps to get started on your path to making more money in the stock market. Let me start with a little story about my own journey... Before I began investing in the mid-1990s, I read several books about the market. They were definitely helpful in terms of deciding what to buy. It wasn’t until later I realized something was missing. They didn’t address the other—equally important—pieces of the puzzle: When to buy and when to sell. But at the time, I was making money. And when you’re making money, who needs sell rules?! The rise of personal computers, the Internet and cell phones had launched an explosive bull market, and I was making 35% one year, 40% another. Like millions of other investors, my strategy was basically to buy and just hold on for the glorious ride. But in reality, I was blissfully unaware of my own ignorance. I didn’t know that in a bull market, the vast majority of all stocks go up. So while I may have thought my gains were due to my newfound investing genius, I was actually just getting lucky. It was pure coincidence that I happened to buy at the right time. In fact, I had no idea there even was a right and wrong time to invest. And that led to my next rather painful epiphany: I had no sell rules. When the dot-com bubble burst in 2000, I had no clue what to do because I didn’t understand how market cycles work. I didn’t realize my primary goal should be to make money when the market is up and protect those profits when the market heads south. So I just sat there and watched a frustratingly large portion of my gains disappear. A Better WayIt was after that episode that I joined Investor’s Business Daily (IBD) and discovered I did not have to be at the mercy of the market: That was a game-changing epiphany for me—one that has proved invaluable in the decade since. Now, whether I’m making Daily Stock Analysis and 2-Minute Tip videos, editing the IBD®extra Newsletter, or co-hosting IBD’s weekly radio show with Amy Smith, that crucial revelation is never far from my mind. So when I got the opportunity to write this book, I started with a simple question: What kind of book do I wish I had when I was starting out? It quickly boiled down to 3 things: 1. Keep it simple: Focus on the basics so even new investors can see how to get started while staying profitable and protected. 2. Make it interactive and actionable: Include hands-on action steps and videos that make the key points sink in, helping you quickly put what you learn into action. 3. Use easy-to-follow routines and checklists: Lay out a specific step-by-step game plan anyone can use to make—and keep—solid gains. Having the checklists and Action Steps you’ll find in this book would have helped me tremendously when I was starting out. And if you stick to these time-tested rules as you get started, you’ll be following a proven roadmap for growing—and protecting—your money. History, Not HunchesAs you’ll see, everything IBD does is based on a simple concept: To find tomorrow’s winning stocks, you need to understand what past winners looked like just before they made their big gains. And you need to know what sell signals they flashed as they eventually topped and began to decline. In other words, if you want to significantly improve your investing results, start by studying the best stocks—and the best investors. One legendary investor you definitely should learn from—and one I’ve been very fortunate to work with for a decade—is William J. O’Neil, chairman and founder of Investor’s Business Daily. And that leads us to a question you may be asking … What’s the Difference Between Getting Started and Bill O’Neil’s How to Make Money in Stocks?Bill’s classic book, which has sold well over 2 million copies, is the definitive explanation of the CAN SLIM® Investment System he developed many decades ago. If you haven’t already, I strongly encourage you to read Bill’s book. It provides invaluable insight into over 130 years of market history, a detailed look at what big winning stocks look like before—and after—they make a big run, and a clear set of buy and sell rules to guide you. This book, How to Make Money in Stocks—Getting Started, is meant to supplement, not replace, Bill’s classic work. Think of it this way: Bill’s book gives you the grand strategy. Getting Started shows you how to begin applying the basics of that strategy right now. Investing is a skill. And like any skill, it’s best learned in stages. But where do you begin? That’s where Getting Started comes in. Together, we’ll go through specific steps you can take right now to improve how you pick stocks and, just as importantly, how you handle them after you buy. Whether you’re a new or experienced investor, the routines and checklists we’ll go over provide a solid foundation for making substantial profits. With that foundation in place, you’ll be able to invest with confidence from the start and add to your skills over time. What You’ll Learn in Getting StartedAgain, this book is about taking action. You’ll find a Simple Weekend Routine that helps you zero in on today’s top stocks and Buying and Selling Checklists that show you the right time to get into—and out of—the market. Plus, by taking the Action Steps you’ll find throughout the book, you’ll get the hands-on experience you need to apply these rules in the real world. If you follow these steps and stick to the checklists, you will see a major difference in your ability to buy and sell stocks profitably. After reading the book and practicing the Action Steps, you’ll know how to: How to Get the Most Out of This BookA few years ago, I spent several months working with Bill O’Neil to create the IBD Meetup Investor Education Series, a 13-part course designed specifically for members of the free IBD Meetup program, a nationwide network of local investing groups. That course was made to be highly interactive: Each IBD Meetup group can go through a lesson at their monthly get-together, then members can apply what they learned on their own at home. This book is also meant to be highly interactive. As an old IBD slogan used to say, Don’t just read it. Use it! Nothing would make me happier than to see your copy of Getting Started marked up with highlighters and notes and dog-eared with coffee stains. (You should see my copies of How to Make Money in Stocks.) Don’t Try to Do It All in One Go! I suggest you take this book in bite-sized pieces. First, check out Chapter 1, Start Here. That’ll give you a big picture look at the basic game plan for making money in the market. Then go through the subsequent chapters one at a time … take the Action Steps … then take a little time to digest and practice what you’ve learned using the simple routines (Chapter 4). In other words, don’t force it. You’re not going to read and remember all this in one sitting! Take it step by step, and you’ll start to see how all the pieces fit together. Then the light bulb will turn on, and you’ll be ready to start right—and begin making money in stocks. Start Right with 3 Must-Do StepsTo see how to check each of these items off your To Do list, visit www.investors.com/GettingStartedBook. 1. Get Started with Action Steps Be sure to do the Action Steps you’ll find throughout the book. Everyone learns differently, but I like to do as I learn. So I suggest you complete the Action Steps in one chapter before moving on. It’ll help the concepts sink in faster. See How to Apply the Strategy with Free Videos On the web page we created specifically for this book, you’ll find several videos that give you an in-action look at the key rules and routines we’ll cover in the pages ahead. Be sure to watch them! It’s an easy way to enhance and expand on what you learn in the book. You’ll |
