William J. O’Neil Quotes:- William J. O’Neil is an investor, stockbroker, writer, and entrepreneur from America. He is the founder of the stock brokerage firm. He penned down his experience and knowledge in his book “How to make money in stocks”. Other books written by him include “24 Essential Lessons for Investment Success” and “the successful investor among others”. He is also known for creating the investment strategy named the CAN SLIM. William J. O’Neil Best Quotes are funny at some places. He says that all stocks are bad. He considers stocks good when they go up. He says that if stocks are going down then the biggest mistake you can make is running losses. He suggests that you should cut down your losses as fast as you can do. Famous Quotes by William J. O’Neil give you a special secret to winning in the stock market. He says that if you want to win and only win, try to lose the least amount. He says that when you are not right and you know that, lose the least amount. William J. O’Neil Quotes about success says that success is easy in a free country. He says that you can easily get a job and save some money. And by investing your savings wisely, you can easily succeed and make huge money. William J. O’Neil Quotes about unskilled investors are true. He says that they get emotionally attached to stocks and don’t cut off stocks when they are at a reasonable loss. Holding on losses bring failure. William J. O’Neil Quotes about buying stocks explain a simple theory about buying stocks. He says that it is better to buy a large number of low-priced stocks instead of buying high-priced stocks. If you want to invest a certain amount, make sure you buy large stocks of low price and not less of the high price.
William J. O’Neil Best Quotes
My philosophy is that all stocks are bad. There are no good stocks unless they go up in price. If they go down instead, you have to cut your losses fast Letting losses run is the most serious mistake made by most investors.
The moral of the story is: never argue with the market. Your health and peace of mind are always more important than any stock.
investment books in the library. The best was How to Trade in Stocks, by Jesse Livermore.
It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.
Also, if one of the indexes is down for the day on volume larger than the prior day’s volume, it should decline more than 0.2% for this to be counted as a distribution day. After
Famous Quotes by William J. O’Neil
The market has a simple way of whittling all excessive pride and overblown egos down to size. After all, the whole idea is to be completely objective and recognize what the marketplace is telling you, rather than try to prove that the thing you said or did yesterday or six weeks ago was right. The fastest way to take a bath in the stock market or go broke is to try to prove that you are right and the market is wrong.
The whole secret to winning and losing in the stock market is to lose the least amount possible when you’re not right.
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Cashing in small, easy-to-take profits while holding the losers.
So the first thing I learned about how to get superior performance is not to buy stocks that are near their lows, but to buy stocks that are coming out of broad bases and beginning to make new highs.
If you own a portfolio of stocks, you must learn to sell the worst performers first and keep the best a little longer.