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A Review of The Successful Investor: What 80 Million People Need to Know to Invest

Through his book The Successful Investor: What 80 Million People Need to Know to Invest Profitably and Avoid Big Losses, William O’Neil addresses his advice to all investors, to teach them how to deal with rising and falling markets.

This book is 183 pages long and guides investors to success. It shows you how to keep your profits and, more importantly, how to avoid losses and offset them. The importance of this book stems from the recent market crash and panic that hit all investors, leaving them in real trouble. He simply tells them, “Now, you can win again!”

O’Neil’s book shows you how to earn money consistently. However, his ideas are not about getting rich quick. It takes time, diligence of study and patience along with control of emotions to become an excellent investor. The successful investor combines the technical and fundamental aspects of investing with common sense.

This book contains a large number of charts that make it more reliable for explaining concepts in detail. It is highly recommended for both the intermediate and experienced investor, but is unlikely to suit the novice.

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

1- Where is the general market going?
2- Use a simple 3 to 1 profit and loss percentage plan
3- How to buy the best stocks at the best time
4- When to sell and realize your big profit while you still have it
5- Manage your portfolio: time-tested methods to maximize results and minimize losses

– Appendix A: How to use the CAN SLIM approach to spot growth stocks
– Appendix B: All about CAN SLIM
– Appendix C: Market Memorandum
– Appendix D: Testimonials for the successful investor
– Appendix E: A strong warning to the wise about bear markets!

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

“There’s another way the market signals distribution. We call it stalling action. In this case, the market will move up in active trading and then all of a sudden have trouble making much more progress. It doesn’t go down, it just doesn’t short”. it doesn’t go up much compared to the previous day or two. An example would be a market that has a clear uptrend for several weeks but then gains 40 points on heavy volume one day and the next day goes up to 30 or 40 but closes ahead only a point or two on equal or heavier trading. than the day before.”