Reddit Reddit reviews How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition

We found 17 Reddit comments about How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition. Here are the top ones, ranked by their Reddit score.

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How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition
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17 Reddit comments about How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition:

u/firebyrealestate · 5 pointsr/stocks

This is one of the books I used to buy every year, last 4 years, and read it

https://www.amazon.com/gp/product/1507208944

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First year, it was very useful and I read a lot.

Later years, I know the stuff, but I always buy this book and read once during the dec holidays as they publish around that time.

Every year, they drop around 10 stocks out of 100 and add new 10 stocks.

Each one, they write 2 - 3 pages analysis, fundamentals, moat ...etc

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I would also recommend this book for CANSLIM

https://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0071614133

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u/pavehwk · 3 pointsr/stocks

How to Make Money In Stocks by William O'Neil

O'Neil also wrote a "lite" version of that book that covers the same material but at a much higher level:

The Successful Investor

I recommend the first one, but if you want an introduction the second one is good.

u/AzJack · 3 pointsr/stocks

These are the books that helped me most. I've read many; these were my favorites.

How to Make Money in Stocks by William O'Neill. This book makes the assumption that you want to be an active trader and not a passive "buy & hold" investor. This is the one that got me started.

Trade Your Way to Financial Freedom by Van Tharp. This book addresses the trader rather than the trading. Among the most useful concepts I learned is how to think about Risk.

Phil Gordon's Little Blue Book by Phil Gordon. This is a book about how to play winning poker, but the principles are identical: calculating risk/reward, how to think about sunk-costs, cash management. Very, very helpful.

Markets in Profile by James Dalton. I didn't really start trading successfully till I learned what this book teaches about auctions. One caveat: market profile has been superceded by Volume Profile. This is a technical book, that may not be much help unless you are a technical trader.

And speaking of technical trading: I consider Technical Trader's Guide to Computer Analysis to be an invaluable reference.

u/DreadnaughtHamster · 2 pointsr/AnnArbor

Well, first, again I'm not a CFA and these are just recommendations you'll have to consider and figure out if the risk is acceptable to you. I'm not liable for any financial decisions you make.

With that being said, you should be researching every means of investment opportunities available: rental properties, careful long-term stock investments, potentially starting a business (different than a sole proprietorship or being unemployed—the business, once set up, should effectively run itself). If you want to start simple, you could do a mall pop-up store or a local service of some sort and employ high-schoolers.

But if that's not for you, 7% is the approximate amount you can expect from sticking your money in an index fund and letting it sit there, so that's what you're looking to beat with other investments. If you can get a 10% or 15% return from an apartment rental, for instance, then that's a better place to stick your money.

But at the very least you want to be getting some return on your money so long as it beats inflation. Putting it in well-performing index funds or exchange traded funds to get a 6-7% return is a good start. I'm pretty bullish of self-driving cars being huge after 2020, so Tesla and other manufacturers of self-driving cars might be a good bet.

If you want to get really crazy you can invest in buying stuff like the crypto-currency Etherium (Reddit.com/etherium) as that seems to be taking off. It took me a while to realize that a crypto-currently like Etherium (ETH) or Bitcoin (BTC) are not "funds" like on a stock market but are the actual product, like an actual bar of gold, that you're buying and holding on to ... it just happens to be stored on your computer in a digital wallet instead of a safe.

I've also heard of people making lucrative over-seas trades on Japanese or other foreign stock exchanges because of the time zone difference from the US, but I have no idea how that works.

Anyway, two good books to start with are

Rich Dad's Guide to Financial Freedom https://www.amazon.com/dp/1612680054/ref=cm_sw_r_cp_api_rs2nzb2S9WABC

And

How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition (Personal Finance & Investment) https://www.amazon.com/dp/0071614133/ref=cm_sw_r_cp_api_xL2nzbJRN9YA5

u/inv3st · 2 pointsr/stocks

The best thing for you now to Educate yourself by reading FAQ and few starter books

https://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0071614133

https://www.amazon.com/gp/product/0471269654

u/kostcoguy · 2 pointsr/investing

This was recommended as one of the best books on investing in general by a blog on Forbes. Not a self proclaimed technical analyst (uses CAN SLIM), but uses a lot of chart reading, etc. Too bad it's by the founder of Investor's Business Daily and he spends quite a bit of pushing IBD (I'm currently reading it...). Regardless, it does have a lot of good insight about locating the correct buy points via charts.

u/Blades1 · 1 pointr/stocks

A great place to start learning would be the book "How to Make Money in Stocks" by William O'Neil.

http://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0071614133

u/1nVu · 1 pointr/StockMarket

P.S. you can write a book on this but I won't get into it more detail than this, read this book if you want a crash course. http://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0071614133

u/laughncow · 1 pointr/ethtraderpro

This is one of my favorites

https://www.amazon.com/How-Make-Money-Stocks-Investment/dp/0071614133

teaches you to not fear the strength a market shows, but to embrace it

u/WWWWWWWWWOWWWWWWWWW · 1 pointr/pennystocks

if...and ONLY if...you are willing to put the work in and try to develop a skill instead of looking for get rich quick shortcut money....ill leave this here.

https://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0071614133

u/[deleted] · 1 pointr/investing

I'm in a similar situation though my internship will last about 10 months and I plan on saving ~30k of it. I've already read this and started reading this and plan on reading this. I plan on adding to my reading list indefinately. I will have a decent amount of free time since I won't be in school for nearly a year, I'll only be working (a lot admittedly) but I know I want to actively invest as I've found the market very interesting. I've already been doing a good amount of research into the industry I'm going in and I think just from my job I'll get new perspective.

Could someone recommend a good simulation site/program where I can start practicing? Also if any other more active traders have any tips on how to get started that would be appreciated too.

u/B33P3R · 1 pointr/StockMarket

I am reading "How to make Money in Stocks" by William J. Oneal http://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0071614133

I have been writing down many notes and taking my time with the read. My girlfriend's father is a successful investor and bought this book for me. For someone who didn't know much about the market at the start of the read, It's answered all of the question's I've had and then some. William J. Oneal is the founder of Investor's business daily, which is a revered source for stock analysis and data.

The book's value far exceeds its 10 dollar amazon price. I highly recommend it!

u/Righteous_Dude · 1 pointr/AskReddit

Before buying anything, read through"How To Make Money In Stocks (4th ed.)" by William O'Neil
and "Secrets To Profiting In Bull And Bear Markets" by Stan Weinstein

Edit: I suggest reading the simpler old Weinstein book before the modern O'Neil book

u/canslim · 0 pointsr/investing

yea you could do this. there is education involved. you have to learn about relative strength, trend following, and risk management.

here are some books for you to read

http://www.amazon.com/Trend-Following-Updated-Edition-Millions/dp/013702018X/ref=sr_1_1?ie=UTF8&qid=1414408329&sr=8-1&keywords=michael+covel

http://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0071614133/ref=sr_1_1?ie=UTF8&qid=1414408378&sr=8-1&keywords=how+to+make+money+in+stocks

there are other books you will have to read but these will give you the right foundation to build on.

ignore when people tell you its not possible to beat the market or time the market. these are people who cant do it themselves so they think its not possible for anyone else. it is possible, in fact it is probable when you have the right knowledge.