You are previewing Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market.
O'Reilly logo
Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market

Book Description

How 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.

    Table of Contents

    1. Copyright
    2. Dedication
    3. Foreword
    4. Preface
    5. Acknowledgments
    6. The Evolution of Excellence: The O'Neil Trading Method
      1. PREPARATION, STUDY, AND PRACTICE
      2. BUY EXPENSIVE—NOT CHEAP—STOCKS
      3. AVERAGING DOWN
      4. 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
      10. TIMING THE MARKET: WHEN TO BE IN, WHEN TO BE OUT
      11. EMOTIONS AND PREDICTIONS
      12. LISTENING TO OPINIONS, NEWS, AND TIPS
      13. OVERTRADING
      14. THE O'NEIL APPROACH: TECHNO-FUNDAMENTALISM
      15. CONCLUSION
    7. How Chris Kacher Made Over 18,000 Percent in the Stock Market Over Seven Years
      1. GAINING A FOOTHOLD IN THE BUSINESS
      2. 1996—"Y2K" STOCKS PUT ME OVER THE TOP
      3. 1997—KEEPING PROFITS DURING THE ASIAN CONTAGION
      4. 1998—DEMORALIZATION SETS IN JUST BEFORE THE MARKET TAKES OFF
      5. 1999—THE BUBBLE EXPANDS
      6. 2000—THE BUBBLE BURSTS
      7. 2001—A LESSON IN SHORTING
      8. 2002 TO PRESENT—CHOPPY, SIDEWAYS MARKETS AND THE BIRTH OF THE POCKET PIVOT
    8. How Gil Morales Made Over 11,000 Percent in the Stock Market
      1. A ROCKY START TURNS GOLDEN
      2. CLIMBING ON BOARD THE ROCKET RIDE
      3. JOINING THE 1,000 PERCENT CLUB
      4. ORACLE BUBBLES UP
      5. PATIENCE AND A WATCHFUL EYE
      6. CLEARED FOR TAKE-OFF
      7. VERISIGN: THE "SPICE IN THE SOUP"
      8. SITTING NOT THINKING
      9. CLOSING IN ON THE TOP
      10. THE THEME OF SUCCESS
      11. THE SECRET INGREDIENTS
    9. Failing Forward
      1. THE PSYCHOLOGY OF SUCCESS LIES IN TAMING THE EGO
      2. LEARNING FROM OUR MISTAKES
      3. PROBLEMS, SITUATIONS, AND SOLUTIONS
      4. CONCLUSION
    10. Tricks of the Trade
      1. DR. K'S LABORATORY: THE POCKET PIVOT ADVANTAGE
      2. CHARACTERISTICS OF POCKET PIVOTS
      3. DEFINITION OF A POCKET PIVOT BUY POINT
      4. POCKET PIVOTS AND STANDARD BREAKOUT BUY POINTS
      5. BUYING "IN THE POCKET"
      6. BOTTOM-FISHING WITH POCKET PIVOTS
      7. CONTINUATION POCKET PIVOTS: USING THE 10-DAY MOVING AVERAGE
      8. IMPROPER OR "DO NOT BUY" POCKET PIVOT POINTS
      9. USING MOVING AVERAGES AS SELL GUIDES
      10. DR. K'S LABORATORY: BUYING GAP-UPS IN LEADING STOCKS
      11. SELLING TECHNIQUES USING THE 10-DAY AND 50-DAY MOVING AVERAGES
      12. PUTTING IT ALL TOGETHER
      13. CONCLUSION
    11. Riding the Bear Wave: Timely Tools for Selling Stocks Short
      1. THE GOLDEN RULES OF SHORT-SELLING
      2. SHORT SALE SET-UPS
      3. SHORTING ROCKET STOCKS
      4. CONCLUSION
    12. Dr. K's Market Direction Model
      1. TIMING THE MARKET
      2. CHART EXAMPLES
      3. STEALING THE MODEL'S SECRETS
      4. TIMING MODEL FAQ
      5. CONCLUSION
    13. Our Bill of Commandments
      1. MISCONCEPTIONS
      2. SURVIVING BY KEEPING EGO IN CHECK
      3. THE FIRST COMMANDMENT
      4. THE SECOND COMMANDMENT
      5. THE THIRD COMMANDMENT
      6. THE FOURTH COMMANDMENT
      7. THE FIFTH COMMANDMENT
      8. THE SIXTH COMMANDMENT
      9. THE SEVENTH COMMANDMENT
      10. THE EIGHTH COMMANDMENT
      11. THE NINTH COMMANDMENT
      12. THE TENTH COMMANDMENT
      13. CONCLUSION
    14. In the Trenches with Bill O'Neil
      1. 1997–1998
      2. 1999–2000
      3. THE GREAT BEAR OF 2001–2002
      4. 2003–2005 BULL MARKET
      5. CONCLUSION
    15. Trading Is Life; Life Is Trading
      1. ED SEYKOTA: TEACHING A TECHNIQUE THAT HAS HELPED TRADERS AROUND THE WORLD
      2. ECKHART TOLLE: HELPING PEOPLE ACHIEVE INNER PEACE AND GREATER FULFILLMENT, A PREREQUISITE TO OPTIMIZED TRADING AND LIVING
      3. ESTHER HICKS: TEACHER OF THE LAW OF ATTRACTION
      4. JACK CANFIELD: SEMINAL WORKS ON PERSONAL OPTIMIZATION
      5. PSYCHOLOGICAL CHECKLIST: QUESTIONS TO ASK YOURSELF
      6. PARALLELS BETWEEN TEACHINGS
      7. IN CONCLUSION
    16. Dr. K's Top 50 Wall Street Books
    17. About the Authors
    18. Index