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In the Trading Cockpit with the O'Neil Disciples, Enhanced Edition: Strategies That Made Us 18,000% in the Stock Market
Praise for In the Trading Cockpit . . ."Morales and Kacher want you to see an alternative to popular and traditional dead end strategies (i.e., buy and hope). Absorb the insights of In the Trading Cockpit with the O'Neil Disciples and put yourself in position to think differently--and profit." -- Michael W. Covel, Bestselling author of Trend Following and The Complete TurtleTrader; President, Trend FollowingYour hands-on guide to mastering powerful trading methods inspired by stock market legend William O'NeilWritten by two former William O'Neil + Co. employees who have spent years building upon the lessons they learned working alongside the master, this book delivers powerful trading techniques based on the O'Neil model that you can put to work in your own portfolio, right away.The follow-up to their bestselling Trade Like an O'Neil Disciple, In the Trading Cockpit with the O'Neil Disciples goes beyond the descriptive narrative of the former book to provide you with step-by-step guidance and all the practice you need to quickly master those tried-and-true methods and make them an integral part of your trading system.You'll step-by-step explanations of powerful new trading strategies, including techniques for buying pocket pivots and gap-ups Hundreds of annotated examples--with charts--of real-life trades from the authors' own experiences with detailed analysis of what worked, what didn't, and why Set ups with buy, add, and sell points for both winning and losing scenarios Dozens of skill-building exercises that help you quickly master the techniques described Tried-and-true stock shorting techniques based on William O'Neil's methods Written by established experts Gil Morales and Dr. Chris Kacher, In the Trading Cockpit with the O'Neil Disciples is an indispensable guide to mastering proven strategies for trading stocks for record profits in every market environment.
- GenresFinance
432 pages, Kindle Edition
First published November 30, 2012
62 people are currently reading
169 people want to read
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Displaying 1 of 1 review
May 29, 2017
This is a pretty good book with pretty good examples of Morales/Kacher's pocket pivot buy point, buyable gap-up purchases, and significant emphasis on using stock price action and volume of shares traded to guide all investment decisions.
The authors also make an excellent point about the difference between buying as a consumer versus buying as a trader or investor. Stated simply, don't buy a stock with the intent of seeking the lowest price. That strategy might work for buying sweaters and other goods/services but it's not the O'Neil Disciples trading strategy.
There is significant emphasis on risk management, selling stocks early if their stock price action doesn't do what you wanted, and lots of chart examples and exercises dealing with pivot points and buyable gap-ups.
I read this book on Nook. I don't know for sure but the charts may be a little clearer in a printed edition. I still like ebooks more than a paper book so it wasn't that big of a deal to me.
The authors also make an excellent point about the difference between buying as a consumer versus buying as a trader or investor. Stated simply, don't buy a stock with the intent of seeking the lowest price. That strategy might work for buying sweaters and other goods/services but it's not the O'Neil Disciples trading strategy.
There is significant emphasis on risk management, selling stocks early if their stock price action doesn't do what you wanted, and lots of chart examples and exercises dealing with pivot points and buyable gap-ups.
I read this book on Nook. I don't know for sure but the charts may be a little clearer in a printed edition. I still like ebooks more than a paper book so it wasn't that big of a deal to me.
Displaying 1 of 1 review