How to Make Money in Stocks Quotes

“The moral of the story is: never argue with the market. Your health and peace of mind are always more important than any stock.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“The whole secret to winning big in the stock market is not to be right all the time, but to lose the least amount possible when you’re wrong.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“If you own a portfolio of stocks, you must learn to sell the worst performers first and keep the best a little longer. In other words, always sell your mistakes while the loss is still small, and watch your better selections to see if they progress into your big winners.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“To succeed, as individual investors and a free nation, we must learn to separate facts from the personal political opinions and strong agenda-driven biases of the majority of the national media. This could be the number one problem in our country today.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“• SECRET TIP—The first step in learning how to pick big stock market winners is to examine leaders of the past, like those you’re about to see, to learn all the characteristics of the most successful stocks. From these observations, you will be able to recognize the types of price and earnings patterns these stocks developed just before their spectacular price advances.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“Charts plus earnings will help you tell the best stocks and general markets from the weaker, riskier stocks and markets that you must avoid altogether.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“I made a rule that I’d buy each stock exactly at the pivot buy point and have the discipline not to pyramid or add to my position at more than 5% past that point. Then I’d sell each stock when it was up 20%, while it was still advancing.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“C Current Quarterly Earnings and Sales: The Higher, the Better A Annual Earnings Increases: Look for Significant Growth N New Products, New Management, New Highs: Buying at the Right Time S Supply and Demand: Shares Outstanding Plus Big Volume Demand L Leader or Laggard: Which Is Your Stock? I Institutional Sponsorship: Follow the Leaders M Market Direction: How You Can Learn to Determine It”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“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”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“Success in a free country is simple. Get a job, get an education, and learn to save and invest wisely. Anyone can do it. You can do it.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“investment books in the library. The best was How to Trade in Stocks, by Jesse Livermore.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“A great trader once noted there are only two emotions in the market: hope and fear. “The only problem,” he added, “is we hope when we should fear, and we fear when we should hope.” This is just as true in 2009 as it was in 1909.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“completely objective and recognize what the marketplace is telling you, rather than trying to prove that what you said or did yesterday or six weeks ago was right. The fastest way to take a bath in the stock market is to try to prove that you are right and the market is wrong. Humility and common sense provide essential balance.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“From the early 1950s through 2008, the average RS Rating of the best-performing stocks before their major run-ups was 87. In other words, the best stocks were already doing better than nearly 9 out of 10 others when they were starting out on their most explosive advance yet. So the rule for those who are determined to be big winners in the stock market is: look for the genuine leaders and avoid laggards and sympathy plays. Don’t buy stocks with Relative Strength Ratings in the 40s, 50s, or 60s.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“detect a market top, keep a close eye on the daily S&P 500, NYSE Composite, Dow 30, and Nasdaq Composite as they work their way higher. On one of the days in the uptrend, volume for the market as a whole will increase from the day before, but the index itself will show stalling action (a significantly smaller price increase for the day compared with the prior day’s much larger price increase). I call this “heavy volume without further price progress up.” The average doesn’t have to close down for the day, but in most instances it will, making the distribution (selling) much easier to see, as professional investors liquidate stock. The spread from the average’s daily high to its daily low may in some cases be a little wider than on previous days.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad

“write to Securities Research Company, 27 Wareham Street, #401, Boston, MA 02118, and purchase one of the company’s long-term wall charts. Also, in 2008, Daily Graphs, Inc., created a 1900 to 2008 stock market wall chart that shows major market and economic events.”
― William J. O'Neil, How to Make Money in Stocks: A Winning System in Good Times and Bad