How to Make Money in Stocks Success Stories: New and Advanced Investors Share Their Winning Secrets Paperback – Illustrated, January 8, 2013

One of my clients, a very successful investment manager, is a friend of Bill O'Neil and assures me he is the real deal. This book is a delight. It is the clearest exposition I've yet read of O'Neil's CAN SLIM approach to stocks. Now I've read O'Neil's books and two by his disciples, Morales and Karcher. I've used the methods successfully for a number of years in swing trading and longer holdings. While probably not too useful for the day trader, swing traders and investors can all benefit from this method.What sets this book apart is the clarity with which the CAN SLIM method is set forth and a close look at its use by successful, but NON-PROFESSIONAL, traders. Seeing their successes and errors adds depth and helps to understand the benefits and limits of the method. Needless to say, seeing what others like yourself can do is very inspirational.The author works for Investors' Business Daily ("IBD"), a newspaper which is very much a tool for the CAN SLIM approach. I like the paper and this book really shows how to use it to its fullest. The author is also the paper's main person in setting up "Meetup" groups throughout the country. So, it is no surprise that she urges those excited by the approach to hook up with one of these groups. She is very persuasive.This book is not as deep or technical as those by O'Neil or Morales and Karcher. Nevertheless, it is valuable and an excellent buy for anyone interested in buying stocks for maximum profit with relatively low risk.

Amy's book, "how to make money in stocks, success stories", is an inspiring read for those familiar with Bill O'Neil's system, additionally it's a good primer for new passionate investors. Amy highlights the journey of professional and non professional traders who eventually find a turning point before they make enormous gains in the stock market. The turning point is usually reading "How to make money in stocksHow to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition" by Bill O'Neil. Bill is to investing what Steve Jobs was to computers, what Michael Jordon is to basketball... Through hard work, determination, practice, you too can achieve extraordinaire results in the stock market.If you are a new investors, this will book will provide a shortcut to the turning point of how to make money in stocks. Amy shares insights how network for free and sign up for local meet up groups, and many of the tools on investors dot com, and play a free investing game on marketsmith dot com, just click on the "chart arcade tab".If you have read Bill's book (how to make money in stocks), this is a great add on, it reviews the basics, has tons of Bill O'Neil quotes, a chapter written by Bill, additionally a chapter written by Scott who shares insights on how IBD runs shop and insights of his father!

This is a unique book about William O'Neil's style of active investing in growth stocks, otherwise known as the CAN SLIM method. Author Amy Smith uses a martial arts metaphor to take the reader from beginning concepts (white belt) to advanced material (black belt) and beyond (Grandmaster - O'Neil himself).What makes the book unique among investment books are the numerous anecdotes from investors who utilize O'Neil's methodical investment system. The people included are a special set of investors who have achieved a measure of success, some spectacular, using O'Neil's CAN SLIM method. Some are portfolio managers at his company; many are individual investors who participate in meetup groups organized around the country and world for subscribers to O'Neil's publication Investors Business Daily (IBD). Most have suffered setbacks along their journey to investment success. The description of their mistakes and lessons learned is what I find unique among investment books on my bookshelf.The CAN SLIM method is described in detail, although this book is not the Bible of that method; that would be William O'Neil's original book "How To Make Money in Stocks." This book focuses on the application of the method. It adds a list of sell rules that I find helpful and not so clearly defined in O'Neil's other books. One professional investor who has run a hedge fund for 20 years using the CAN SLIM methodology mentioned to me that knowing when to sell under that system is its most difficult aspect in practice. This book may help in that area.The book is nicely formatted and easy on the eyes to read. Embedded in each chapter are text boxes outlined in red labeled "Key Points" that make it easy to reference the trading rules and guidance presented in the chapter. Each chapter includes numerous annotated stock charts for visual reference to points presented in the narrative.I found the final chapters most enlightening. These include "Black Belt Trading: Investing Like A Pro," Grandmaster: Legendary Investor Bill O'Neil," "The Method of Our Success by W. Scott O'Neil" and five appendices. The final appendix is a daily routine for investors organized by author Amy Smith. It is a good starting point for any investor to craft their own daily routine and not miss any important actions.From one perspective, there is a great deal of promotion for O'Neil's investment information products and workshops. While this appears self-serving, and no doubt is, the fact is that O'Neil's products are genuinely valuable to investors both amateur and professional, and they are reasonably priced in my opinion.It is easy for anyone with experience trading to dismiss a book that spends a good deal of time on the basics of investing as too elementary to be worthwhile. I also note some reviewers correctly note the omissions in published market calls by O'Neil's company on one of the first charts that illustrates the importance of trading with the trend. Regardless, this book contains clear guidance, a useful compilation of tested CAN SLIM trading rules and real-world examples from dozens of trading careers.I expect to use it as a reference book on this investment style because the "Key Points" sections make it almost an encyclopedia on the method. I rate it four stars.