{"product_id":"trade-like-an-oneil-disciple-isbn-9780470616536","title":"Trade Like an O'Neil Disciple","description":"\u003cb\u003eHow two former traders of William J. O'Neil + Company made mad money using O'Neil's trading strategies, and how you can, too\u003c\/b\u003e  \u003cp\u003eFrom the successes and failures of two William O'Neil insiders, \u003ci\u003eTrade Like an O'Neil Disciple: How We Made Over 18,000% in the Stock Market in 7 Years\u003c\/i\u003e 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.\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cdiv\u003ePresents sub-strategies for buying pocket pivots and gap-ups\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eIncludes a market direction timing model, as well as updated tools for selling stocks short\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eProvides an \"inside view\" of the authors' experiences as proprietary, internal portfolio managers at William O'Neil + Company, Inc. from 1997-2005\u003c\/div\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eDetailing technical information and the trading psychology that has worked so well for them, \u003ci\u003eTrade Like an O'Neil Disciple\u003c\/i\u003e breaks down what every savvy money manager, trader and investor needs to know to profit enormously in today’s stock market.\u003c\/p\u003e \u003cp\u003eForeword xi\u003c\/p\u003e \u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eAcknowledgments xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 The Evolution of Excellence: The O’Neil Trading Method 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePreparation, Study, and Practice 2\u003c\/p\u003e \u003cp\u003eBuy Expensive—Not Cheap—Stocks 4\u003c\/p\u003e \u003cp\u003eAveraging Down 5\u003c\/p\u003e \u003cp\u003eCutting Losses Quickly 5\u003c\/p\u003e \u003cp\u003eTaking Profits Too Soon—Letting Your Winners Run 6\u003c\/p\u003e \u003cp\u003ePosition Concentration 7\u003c\/p\u003e \u003cp\u003eDealing in Big Stocks and Institutional Sponsorship 8\u003c\/p\u003e \u003cp\u003eChart Patterns 9\u003c\/p\u003e \u003cp\u003ePivotal Points versus Pivot Points 12\u003c\/p\u003e \u003cp\u003eTiming the Market: When to Be In, When to Be Out 13\u003c\/p\u003e \u003cp\u003eEmotions and Predictions 14\u003c\/p\u003e \u003cp\u003eListening to Opinions, News, and Tips 15\u003c\/p\u003e \u003cp\u003eOvertrading 16\u003c\/p\u003e \u003cp\u003eThe O’Neil Approach: Techno-Fundamentalism 17\u003c\/p\u003e \u003cp\u003eConclusion 17\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 How Chris Kacher Made Over 18,000 Percent in the Stock Market Over Seven Years 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGaining a Foothold in the Business 20\u003c\/p\u003e \u003cp\u003e1996—“Y2K” Stocks Put Me Over the Top 22\u003c\/p\u003e \u003cp\u003e1997—Keeping Profits during the Asian Contagion 27\u003c\/p\u003e \u003cp\u003e1998—Demoralization Sets In Just Before the Market Takes Off 29\u003c\/p\u003e \u003cp\u003e1999—The Bubble Expands 31\u003c\/p\u003e \u003cp\u003e2000—The Bubble Bursts 35\u003c\/p\u003e \u003cp\u003e2001—A Lesson in Shorting 37\u003c\/p\u003e \u003cp\u003e2002 to Present—Choppy, Sideways Markets and the Birth of the Pocket Pivot 39\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 How Gil Morales Made Over 11,000 Percent in the Stock Market 43\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Rocky Start Turns Golden 44\u003c\/p\u003e \u003cp\u003eClimbing on Board the Rocket Ride 46\u003c\/p\u003e \u003cp\u003eJoining the 1,000 Percent Club 49\u003c\/p\u003e \u003cp\u003eOracle Bubbles Up 50\u003c\/p\u003e \u003cp\u003ePatience and a Watchful Eye 53\u003c\/p\u003e \u003cp\u003eCleared for Take-Off 54\u003c\/p\u003e \u003cp\u003eVerisign: The “Spice in the Soup” 56\u003c\/p\u003e \u003cp\u003eSitting Not Thinking 60\u003c\/p\u003e \u003cp\u003eClosing In on the Top 62\u003c\/p\u003e \u003cp\u003eThe Theme of Success 64\u003c\/p\u003e \u003cp\u003eThe Secret Ingredients 65\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Failing Forward 67\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Psychology of Success Lies in Taming the Ego 68\u003c\/p\u003e \u003cp\u003eLearning from Our Mistakes 72\u003c\/p\u003e \u003cp\u003eProblems, Situations, and Solutions 107\u003c\/p\u003e \u003cp\u003eConclusion 125\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Tricks of the Trade 127\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDr. K’s Laboratory: The Pocket Pivot Advantage 128\u003c\/p\u003e \u003cp\u003eCharacteristics of Pocket Pivots 131\u003c\/p\u003e \u003cp\u003eDefinition of a Pocket Pivot Buy Point 132\u003c\/p\u003e \u003cp\u003ePocket Pivots and Standard Breakout Buy Points 133\u003c\/p\u003e \u003cp\u003eBuying “in the Pocket” 136\u003c\/p\u003e \u003cp\u003eBottom-Fishing with Pocket Pivots 149\u003c\/p\u003e \u003cp\u003eContinuation Pocket Pivots: Using the 10-Day Moving Average 153\u003c\/p\u003e \u003cp\u003eImproper or “Do Not Buy” Pocket Pivot Points 157\u003c\/p\u003e \u003cp\u003eUsing Moving Averages as Sell Guides 163\u003c\/p\u003e \u003cp\u003eDr. K’s Laboratory: Buying Gap-Ups in Leading Stocks 165\u003c\/p\u003e \u003cp\u003eSelling Techniques Using the 10-Day and 50-Day Moving Averages 173\u003c\/p\u003e \u003cp\u003ePutting It All Together 177\u003c\/p\u003e \u003cp\u003eConclusion 185\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Riding the Bear Wave: Timely Tools for Selling Stocks Short 186\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Golden Rules of Short-Selling 187\u003c\/p\u003e \u003cp\u003eShort-Sale Set-Ups 192\u003c\/p\u003e \u003cp\u003eShorting Rocket Stocks 221\u003c\/p\u003e \u003cp\u003eConclusion 224\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Dr. K’s Market Direction Model 226\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTiming the Market 226\u003c\/p\u003e \u003cp\u003eChart Examples 234\u003c\/p\u003e \u003cp\u003eStealing the Model’s Secrets 243\u003c\/p\u003e \u003cp\u003eTiming Model FAQ 244\u003c\/p\u003e \u003cp\u003eConclusion 259\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Our Bill of Commandments 260\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMisconceptions 260\u003c\/p\u003e \u003cp\u003eSurviving by Keeping Ego in Check 263\u003c\/p\u003e \u003cp\u003eThe First Commandment 265\u003c\/p\u003e \u003cp\u003eThe Second Commandment 265\u003c\/p\u003e \u003cp\u003eThe Third Commandment 267\u003c\/p\u003e \u003cp\u003eThe Fourth Commandment 267\u003c\/p\u003e \u003cp\u003eThe Fifth Commandment 267\u003c\/p\u003e \u003cp\u003eThe Sixth Commandment 268\u003c\/p\u003e \u003cp\u003eThe Seventh Commandment 268\u003c\/p\u003e \u003cp\u003eThe Eighth Commandment 268\u003c\/p\u003e \u003cp\u003eThe Ninth Commandment 269\u003c\/p\u003e \u003cp\u003eThe Tenth Commandment 269\u003c\/p\u003e \u003cp\u003eConclusion 270\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 In the Trenches with Bill O’Neil 272\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1997–1998 272\u003c\/p\u003e \u003cp\u003e1999–2000 286\u003c\/p\u003e \u003cp\u003eThe Great Bear of 2001–2002 307\u003c\/p\u003e \u003cp\u003e2003–2005 Bull Market 318\u003c\/p\u003e \u003cp\u003eConclusion 329\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Trading Is Life; Life Is Trading 331\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEd Seykota: Teaching a Technique That Has Helped Traders around the World 332\u003c\/p\u003e \u003cp\u003eEckhart Tolle: Helping People Achieve Inner Peace and\u003c\/p\u003e \u003cp\u003eGreater Fulfillment, a Prerequisite to Optimized Trading and Living 334\u003c\/p\u003e \u003cp\u003eEsther Hicks: Teacher of the Law of Attraction 340\u003c\/p\u003e \u003cp\u003eJack Canfield: Seminal Works on Personal Optimization 341\u003c\/p\u003e \u003cp\u003ePsychological Checklist: Questions to Ask Yourself 343\u003c\/p\u003e \u003cp\u003eParallels between Teachings 345\u003c\/p\u003e \u003cp\u003eIn Conclusion 346\u003c\/p\u003e \u003cp\u003eAppendix Dr. K’s Top 50 Wall Street Books 347\u003c\/p\u003e \u003cp\u003eAbout the Authors 351\u003c\/p\u003e \u003cp\u003eIndex 353\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eGIL MORALES\u003c\/b\u003e is the author and publisher of www.GilmoReport.com; coauthor and publisher of www.VirtueOfSelfishInvesting.com; a former proprietary internal Portfolio Manager and Chief Market Strategist for William O'Neil + Company; and is currently a Managing Director of MoKa Investors, LLC. He also co-authored, with William J. O'Neil, the Wiley title, \u003ci\u003eHow to Make Money Selling Stocks Short.\u003c\/i\u003e Mr. Morales received his BA in economics from Stanford University. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eCHRIS KACHER\u003c\/b\u003e is a frequent contributor to www.GilmoReport.com; coauthor and publisher of www.VirtueOfSelfishInvesting.com; a former research analyst and proprietary internal Portfolio Manager for William O'Neil + Company; and a Managing Director of MoKa Investors, LLC. He received his BS in chemistry and PhD in nuclear physics from the University of California at Berkeley.   How is it that so many traders and investors lose money in the market, while others—like authors Gil Morales and Chris Kacher—have shown the ability to earn huge returns on investment? As Bill O'Neil himself says, \"Human nature being what it is, 90% of the people in the stock market—professionals and amateurs alike—simply haven't done enough homework.\" \u003ci\u003eTrade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market\u003c\/i\u003e is your homework. And if you invest in the market, you can expect that there will be a test involving your own money.  \u003c\/p\u003e\u003cp\u003eThe result of years of observation and the subsequent application of the commonsense rules learned, \u003ci\u003eTrade Like an O'Neil Disciple\u003c\/i\u003e details the small realities that make up the stock market, including:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eThe importance of a 6–7% automatic stop-loss policy on stock purchases\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eSit tight and be right, or \"take your profits slowly\"\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe value of psychological capital, and how mastering your own psychology allows you to operate from a position of strength\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003ePosition concentration, and how diversification—\"kissing all the babies\"—is unnecessary\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eHow timing the market is possible and necessary, despite claims to the contrary by those who can't\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eMistakes novices or lazy investors make, such as averaging down or purchasing only cheap stocks\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eHow O'Neil applied historical precedent to box theory to come up with consolidation patterns (\"bases\"), such as: ascending; cup-with-handle; double-bottom; square box; flat base; and high, tight flag\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eUsing early buy points in the form of \"pocket pivots\" to gain an advantage in difficult market environments\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eUsing gap ups as buy points to jump on board of some of the most powerful stocks\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe finer points of O'Neil-style short-selling techniques\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eIt took years to identify, analyze, catalog, and verify the characteristics of winning stocks for O'Neil to finally perfect his system. Authors Gil Morales and Chris Kacher save you the time and—if you're an investor, money—by bringing together in one comprehensive guide, the commonsense investment philosophies that allow them and you to \u003ci\u003eTrade Like an O'Neil Disciple\u003c\/i\u003e.\u003c\/p\u003e  \u003cp\u003eHow is it that so many traders and investors lose money in the market, while others—like authors Gil Morales and Chris Kacher—have shown the ability to earn huge returns on investment? As Bill O'Neil himself says, \"Human nature being what it is, 90% of the people in the stock market—professionals and amateurs alike—simply haven't done enough homework.\" \u003ci\u003eTrade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market\u003c\/i\u003e is your homework. And if you invest in the market, you can expect that there will be a test involving your own money. \u003c\/p\u003e\u003cp\u003eThe result of years of observation and the subsequent application of the commonsense rules learned, \u003ci\u003eTrade Like an O'Neil Disciple\u003c\/i\u003e details the small realities that make up the stock market, including: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eThe importance of a 6–7% automatic stop-loss policy on stock purchases\u003c\/li\u003e \u003cli\u003eSit tight and be right, or \"take your profits slowly\"\u003c\/li\u003e \u003cli\u003eThe value of psychological capital, and how mastering your own psychology allows you to operate from a position of strength\u003c\/li\u003e \u003cli\u003ePosition concentration, and how diversification—\"kissing all the babies\"—is unnecessary\u003c\/li\u003e \u003cli\u003eHow timing the market is possible and necessary, despite claims to the contrary by those who can't\u003c\/li\u003e \u003cli\u003eMistakes novices or lazy investors make, such as averaging down or purchasing only cheap stocks\u003c\/li\u003e \u003cli\u003eHow O'Neil applied historical precedent to box theory to come up with consolidation patterns (\"bases\"), such as: ascending; cup-with-handle; double-bottom; square box; flat base; and high, tight flag\u003c\/li\u003e \u003cli\u003eUsing early buy points in the form of \"pocket pivots\" to gain an advantage in difficult market environments\u003c\/li\u003e \u003cli\u003eUsing gap ups as buy points to jump on board of some of the most powerful stocks\u003c\/li\u003e \u003cli\u003eThe finer points of O'Neil-style short-selling techniques\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eIt took years to identify, analyze, catalog, and verify the characteristics of winning stocks for O'Neil to finally perfect his system. Authors Gil Morales and Chris Kacher save you the time and—if you're an investor, money—by bringing together in one comprehensive guide, the commonsense investment philosophies that allow them and you to \u003ci\u003eTrade Like\u003c\/i\u003e \u003ci\u003ean O'Neil Disciple\u003c\/i\u003e.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990400647397,"sku":"NP9780470616536","price":68.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470616536.jpg?v=1761787677","url":"https:\/\/k12savings.com\/es\/products\/trade-like-an-oneil-disciple-isbn-9780470616536","provider":"K12savings","version":"1.0","type":"link"}