How to Make Money in Stocks Getting Started: A Guide to Putting CAN SLIM Concepts into Action 1st Edition, Kindle Edition

This is a great book by Mathrew .The only thing which works in the market is buy low and sell high. IBD leaderboard does a great job in identifying those great stocks. I missed out Nu Skin when it broke out after its quarterly results. I waited for the next opportunity which came when the NUS broke out at 90.17 i bought and sold it at 94.52 and then bought again at 92.50 and sold it at 94.75 after the fed announcement and bought some more at 94.44. One thing ibd or cbd or lbd doesnt teach u is buy low and sell high and rebuy again. Over a period of time this adds to ur confidence your profit margin and most importantly ur knowledge base. Here are some dangerous points about IBD1. IBD says stocks once fallen never goes up. What happened to netflix it went from 300 dollars to 60 to go back to 300 dollars.2. Late stage bases dont work. Oh really priceline , visa and stratasys are all in late stage bases they are all working fine.3. Composite rating and rs line matter and so does new high . Oh really cree was at 73 dollars and one of the leadership board member when it crashed 20 percent after the earning.4. Always buy on the gap up. really what did trip advisor do it gapped up only to go up t0 80 dollars and come back.5. Always follow the ibd50. DO we really need to then its like nasdaq 100 only 50 stocks less. if i buy all 50 stocks then what is my profit.6. IBD 50 covers all the great stocks. Does it Qihu wasnt even featured once it went from 31 to 84 dollars one of the best growth stock in 2013. Instead in the leadership board they feautred jack in the box it tumbled 35 percent after earning and leadership board said later on it was a speculative stock if it was a speculative stock why was it put on the leadership board.7. IBD says it doesnt recommend any stock then what does leadership board do.8. IBD says in their seminar institution takes months to buy a stock. then when linked in goes up 2 pc or 2 pc down who is buying or selling its the institution. Institution makes money selling high and buy intraday low who else accounts for 2 million stocks a day.9. IBD says to buy and hold for 20 pc profit then why does ibd say a stock is extened after 5 pc so does it mean if one is late to the game he should just wait for the stock to go from 5pc to 20 pc .10. IBD says keep it simple yet we have idb50 ibd weekly review sector leaders its more complicated than nasdaq 100.Bottom line is its simple just concentrate on 5 stocks per year this yea l again at 3 pc profit, great mathematicians know the power of compounding 3 pc taken multiple times gives great result .11. nodbody need to go through cup with handle without handle double bottom and all its more a myth what works is pivot point 50 day ma buy at the pivot sell on the way up and buy again thats what the market does every day thats wat jesse livermore did he only used to read the tapes i bet if he read a copy of ibd with all these rating he wouldhave gone half crazy.Bottom line select few stocks every year and trade on it get a good chart from a reliable source and follow the chart.Stock market is not a science of rules and regulation its an art buy low sell high and only quality stocks like nflx celgene nus linked tesla what the funds buy is something u must buy that way u dont care about ibd50 or 100 or 1000 it doesnt matter its only the few stocks which makes u money like gerald o loeb which comes over time no ibd cbd or lbd qbd can teach u that ... Reason being1. He clearly explains what to do 10 mins on every week day. This is how you keep on top of theul market.2. He explains the reason why one needs to buy on an market uptrend and how to nimble into the market when its ivoon a market uptrend.3. He also explains when to sell and take profit.4. How to use the leaderboard.5. What is the importance of reading the big picture column, sector leaders and stock on the move.6. Why is it impohenow all the answers order your copy now. Its a concise book with lot of tips. I call it the handy book to understand the IBD newspaper and uncover the mystery of CANSLIM. Great job Mathew.

First off, this is an excellent book. If you want to make money, read it. It will really help you with the stock market, explain an excellent strategy to trade and even more importantly when to get out and avoid a crash..But it is a little bit obsolete. Here's why. The material still works, but Investor's Business Daily has updated their site and much of the material in this book is done for you on the site itself and especially with the new Leaderboard product. So you read the book and you're like, "Wow, this is excellent. Oh, look there are videos on the IBD site that will further explain the data" and then you go there with the link or try to search for it on the web page and they are nowhere to be found.So Google to the rescue, I search for the link there and found it and it took me to the page where all the videos were, and most of them are excellent, maybe 1 bad link in the whole bunch, but excellent material. Don't really need to read the book if you have the videos. They are that good.At the time I got the book I was not an IBD member. To follow the author though I signed up for 2 months for $20 as an introductory offer and found most of what the book and video were telling me was not how the IBD website was set up anymore. The book was written in 2017 and in just 3 short years everything was different. Now I knew why the videos could not be accessed at the link.Now The Good News; While the data will certainly help you and IBD is probably one of the best daily publications out there with an exact method of making a LOT of money with stocks, what makes it even better is that while the website is still good for basic data, it is really difficult to figure out (with a LOT of data, which is the original reason why this book was written in the first place.) But, the new product called Leaderboard which you can test drive for free for 2 weeks actually does all the work for you, all the analysis, the charts, the different data points, the general market trend, everything all in one nice little spot without a lot of searching.As I compare the regular website to Leaderboard, LB is much more intuitive and with it, my analysis time is cut to nothing as opposed to what the book outlines as a method for picking stocks. Still, you should read the book because it has some really important info in it. Without it, you might still be lost, but it does give you the info you need and then Leaderboard fills the gap.Anyway, the book will take a little bit of time to read. You can do all the videos instead (link in the book which you Google) in an evening or two. Check out the IBD website and take Leaderboard for a spin. if you do all of that, you'll be light years ahead of other investors, know what to look for in charts. You'll be a stock magician (or female version) once you do what I outlined here. and more importantly, make incredible trades and profits.

Having read both the original How to Make Money in Stocks and Amy Smith's "Success Stories" follow up, I found this a really useful insight in to how to start to pull it altogether. I had already started using the IBD products and placing trades, but there is so much information available, it is difficult to figure out where to begin. This is a great guide, emphasising a "Keep it simple" approach and actually pointing out where/when to use the information provided. Practical examples - as always in all the texts - grounds the book in reality. I found it well written, but some may find the US-style frustrating. Not for me, but I'm probably more sympathetic to US writing styles than most.For me, a great product that I would heartily recommend.

Very conceptual and takes you from basics to a working plan. Great with both fundamentals and technicals. Yes, it is kinda lined to the website but really excellent

Good book. Takes some time to absorb the information but very interesting read

So far it's been a bit hard to get my head round it! Don't find this book that simple for a beginner!

This reasonably priced book is very useful for a person who is subscribing to IBD. It is easy to read.