The Successful Investor : What 80 Million People Need to Know to Invest Profitably and Avoid Big Losses

FROM THE AUTHOR OF THE BUSINESSWEEK, USA TODAY, AND WALL STREET JOURNAL BUSINESS BESTSELLER HOW TO MAKE MONEY IN STOCKS! Simple-to-follow strategies for making--and keeping--profits in today's perilous stock market More than 80 million investors lost 50 to 80 percent of their savings in the recent stock market crash. Investor's Business Daily publisher William J. O'Neil, however, was one of the first to see--and warn investors about--the dangers inherent in what had been, up to that point, a historic bull market run. Those who followed his counsel were able to sidestep devastating losses and emerge with their sizable bull market profits largely intact. In The Successful Investor, O'Neil steps up to tell all investors how they can make money and, more important, avoid losses in up markets, down markets, and everything in between. Showing how mistakes made in the recent market collapse were amazingly similar to those made in previous down cycles, O'Neil reveals simple steps investors can follow to avoid costly mistakes and: Buy only the best stocks at only the best times Follow a market-tested 3-to-1 Profit-and-Loss Percentage Plan Know when to sell for the biggest possible profit Recognize chart patterns that presage enormous market moves Manage a portfolio over time to maximize its returns William O'Neil has succeeded in virtually every market environment by following a stable, nonemotional investment plan. In his latest book, O'Neil explains how anyone can follow that plan to become a profitable long-term investor, regardless of market tides or turns. The Successful Investor will bring reason and welcome relief to all investors buffeted and bewildered by the perils and uncertainty of today's stock market. "In the aftermath of a market decline where 80 million Americans lost between 50-80% of their wealth, it's sometimes hard to tell whose advice you can trust. Still, each day, smart investors around the world choose to trust William J. O'Neil, publisher of Investor's Business Daily and author of the million-plus bestseller How to Make Money in Stocks." "Why? Because Bill O'Neil knows what to buy, when to sell, and how to win on Wall Street." "The Successful Investor outlines how independent investors can move with the market instead of against it and increase their profits by relying on sound, time-tested rules instead of emotions, fear, and greed." "Manage your portfolio over time to maximize its return. Bill O'Neil will be the first to admit that he has no inside knowledge about what will happen in tomorrow's market. But he does know how to profit if the market goes up and keep from losing those profits when the market heads south. In The Successful Investor, O'Neil reveals what nearly half a century in the market has taught him and outlines a stable, non-emotional investment plan designed to protect investors buffeted and bewildered by the rigors of stock market investing. Book jacket."--Jacket William J. O'Neil, founder of Investor's Business Daily (which he cites constantly in his book), provides an excellent how-to tour of his CAN SLIM investing approach. The method makes eminently good sense if you do what it says, when it says. Most investors risk failure, not because their systems are flawed, but because people are. O'Neil makes it clear: to be an investor, you must put forth enormous dedication, discipline, emotional fortitude and humility, and you need a sound strategy, such as CAN SLIM. The author may make investing look a tad too easy, though the charting he recommends is obviously going to take some time to accomplish and understand. But he pulls no other punches. His advice is knowledgeable and straightforward. He tells you what to do, and how to move ahead wisely and profitably. getAbstract.com thinks investors should read and study this honest, worthwhile book that summarizes the essentials of one of the latter twentieth century's most popular investing systems Chock full of easy-to-follow advice and strategies for making money, this guide to investing in the rough-and-tumble modern stock market shows readers when to buy, when to sell, how to recognize chart patterns, and how to follow the author's market-tested 3-to-1 Profit-and-Loss Percentage Plan. Original. 100,000 first printing. $250,000 ad/promo. Tells investors how they can make money and, avoid losses in up markets, down markets, and everything in between. Showing how mistakes made in the market collapse were similar to those made in previous down cycles, this title reveals simple steps investors can follow to avoid costly mistakes. Why start here-with directions on how to tell if the stock market as a whole is going up or coming down?