Dewey Decimal332.63/22
Table Of ContentForeword xi Preface xiii Acknowledgments xvii Chapter 1 The Evolution of Excellence: The O''Neil Trading Method 1 Preparation, Study, and Practice 2 Buy Expensive--Not Cheap--Stocks 4 Averaging Down 5 Cutting Losses Quickly 5 Taking Profits Too Soon--Letting Your Winners Run 6 Position Concentration 7 Dealing in Big Stocks and Institutional Sponsorship 8 Chart Patterns 9 Pivotal Points versus Pivot Points 12 Timing the Market: When to Be In, When to Be Out 13 Emotions and Predictions 14 Listening to Opinions, News, and Tips 15 Overtrading 16 The O''Neil Approach: Techno-Fundamentalism 17 Conclusion 17 Chapter 2 How Chris Kacher Made Over 18,000 Percent in the Stock Market Over Seven Years 19 Gaining a Foothold in the Business 20 1996--"Y2K" Stocks Put Me Over the Top 22 1997--Keeping Profits during the Asian Contagion 27 1998--Demoralization Sets In Just Before the Market Takes Off 29 1999--The Bubble Expands 31 2000--The Bubble Bursts 35 2001--A Lesson in Shorting 37 2002 to Present--Choppy, Sideways Markets and the Birth of the Pocket Pivot 39 Chapter 3 How Gil Morales Made Over 11,000 Percent in the Stock Market 43 A Rocky Start Turns Golden 44 Climbing on Board the Rocket Ride 46 Joining the 1,000 Percent Club 49 Oracle Bubbles Up 50 Patience and a Watchful Eye 53 Cleared for Take-Off 54 Verisign: The "Spice in the Soup" 56 Sitting Not Thinking 60 Closing In on the Top 62 The Theme of Success 64 The Secret Ingredients 65 Chapter 4 Failing Forward 67 The Psychology of Success Lies in Taming the Ego 68 Learning from Our Mistakes 72 Problems, Situations, and Solutions 107 Conclusion 125 Chapter 5 Tricks of the Trade 127 Dr. K''s Laboratory: The Pocket Pivot Advantage 128 Characteristics of Pocket Pivots 131 Definition of a Pocket Pivot Buy Point 132 Pocket Pivots and Standard Breakout Buy Points 133 Buying "in the Pocket" 136 Bottom-Fishing with Pocket Pivots 149 Continuation Pocket Pivots: Using the 10-Day Moving Average 153 Improper or "Do Not Buy" Pocket Pivot Points 157 Using Moving Averages as Sell Guides 163 Dr. K''s Laboratory: Buying Gap-Ups in Leading Stocks 165 Selling Techniques Using the 10-Day and 50-Day Moving Averages 173 Putting It All Together 177 Conclusion 185 Chapter 6 Riding the Bear Wave: Timely Tools for Selling Stocks Short 186 The Golden Rules of Short-Selling 187 Short-Sale Set-Ups 192 Shorting Rocket Stocks 221 Conclusion 224 Chapter 7 Dr. K''s Market Direction Model 226 Timing the Market 226 Chart Examples 234 Stealing the Model''s Secrets 243 Timing Model FAQ 244 Conclusion 259 Chapter 8 Our Bill of Commandments 260 Misconceptions 260 Surviving by Keeping Ego in Check 263 The First Commandment 265 The Second Commandment 265 The Third Commandment 267 The Fourth Commandment 267 The Fifth Commandment 267 The Sixth Commandment 268 The Seventh Commandment 268 The Eighth Commandment 268 The Ninth Commandment 269 The Tenth Commandment 269 Conclusion 270 Chapter 9 In the Trenches with Bill O''Neil 272 1997-1998 272 1999-2000 286 The Great Bear of 2001-2002 307 2003-2005 Bull Market 318 Conclusion 329 Chapter 10 Trading Is Life; Life Is Trading 331 Ed Seykota: Teaching a Technique That Has Helped Traders around the World 332 Eckhart Tolle: Helping People Achieve Inner Peace and Greater Fulfillment, a Prerequisite to Optimized Trading and Living 334 Esther Hicks: Teacher of the Law of Attraction 340 Jack Canfield: Seminal Works on Personal Optimization 341 Psychological Checklist: Questions to Ask Yourself 343 Parallels between Teachings 345 In Conclusion 346 Appendix Dr. K''s Top 50 Wall Street Books 347 About the Authors 351 Index 353
SynopsisHow two former traders of William J. O'Neil + Company made mad money using O'Neil's trading strategies, and how you can, too From the successes and failures of two William O'Neil insiders, Trade Like an O'Neil Disciple: How We Made Over 18,000% in the Stock Market in 7 Years is a detailed look at how to trade using William O'Neil's proven strategies and what it was like working side-by-side with Bill O'Neil. Under various market conditions, the authors document their trades, including the set ups, buy, add, and sell points for their winners. Then, they turn the magnifying glass on themselves to analyze their mistakes, including how much they cost them, how they reacted, and what they learned. Presents sub-strategies for buying pocket pivots and gap-ups Includes a market direction timing model, as well as updated tools for selling stocks short Provides an "inside view" of the authors' experiences as proprietary, internal portfolio managers at William O'Neil + Company, Inc. from 1997-2005 Detailing technical information and the trading psychology that has worked so well for them, Trade Like an O'Neil Disciple breaks down what every savvy money manager, trader and investor needs to know to profit enormously in today's stock market., "In these historically difficult markets where quantitative easing and forced selling are the norm, Gil Morales and Chris Kacher show how to apply, with incredible success, their unique investment tools and methods in an increasingly volatile trading environment. However, beyond their pocket pivot point investment method, their short-sale setups and their groundbreaking Dr. K market timing tool, what is truly amazing is to learn how professional traders analyze their mistakes and correct them. It is not great tools that make great traders, it is humility and flexibility combined with decisive action that determines ones success or failure." -- Pascal Willain , independent trader and inventor of volume-based indicators, author of Value in Time "If you only read one book this year, read this one. It turns everything you know inside out and changes the way you see the things that matter. In a world full of fake promises and hype, here is something real. Morales and Kachers vision, passion, and dynamism is [proven]by their results. Lots of people talk, they have delivered. If you really want to succeed in a very uncertain world, read this book. It will change your success." -- Dr. Michael Meegan , author of All Will Be Well What the market will do is anyones guess. What it is doing should be anything but. From the successes and failures of two William ONeil insiders, Trade Like an ONeil Disciple: How We Made 18,000% in the Stock Market is a detailed look at how to trade using William ONeils proven strategies, as well as what it was like working side-by-side with the Wall Street legend. Detailing both the technical information and the trading psychology that has worked so well for them, and including a market direction timing model, Trade Like an ONeil Disciple breaks down what every savvy money manager, trader, or investor needs to know to profit enormously in todays stock market., Trade Like an O'Neil Disciple is a detailed look at how to trade William O'Neil strategies under various market conditions by two O'Neil insiders - something never before written about.
LC Classification NumberHG4661.M597 2010