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Matthew Galgani - How to Make Money in Stocks Getting Started: A Guide to Putting Can Slim Concepts Into Action

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Matthew Galgani How to Make Money in Stocks Getting Started: A Guide to Putting Can Slim Concepts Into Action
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How to Make Money in Stocks Getting Started: A Guide to Putting Can Slim Concepts Into Action: summary, description and annotation

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The #1 GROWTH STRATEGY for stock investingTo be a successful investor, start with the basics and stick to the rules. Matts book shows you how to do that. It may be the missing link youve been looking for.--William J. ONeil, Investors Business Daily Founder and ChairmanGetting Started takes the guesswork out of investing. Anyone can use these routines and checklists to become a successful investor.--Amy Smith, How to Make Money in Stocks--Success StoriesThrough both bull and bear markets, Investors Business Dailys CAN SLIM(R) Investment System has consistently been the #1 growth strategy, according to the American Association of Individual Investors. How to Make Money in Stocks--Getting Started shows you how to put the CAN SLIM System to work for you.Using an easy-to-follow game plan designed for busy people, youll discover:2 simple rules to protect your money 3 critical factors to consider before you buy Buying & Selling Checklists to help you capture - and keep - solid gains Easy-to-follow routines How to spot--and deal with--major changes in market direction Action Steps and online videos to quickly start using what you learn Getting Started is the latest addition to the bestselling How to Make Money in Stocks series launched by CAN SLIM creator and Investors Business Daily founder William J. ONeil. Millions of investors have used ONeils strategy to build financial peace of mind. Now its your turn!So whether youre new to the stock market and a little nervous about jumping in--or if youve been investing for awhile, but arent yet achieving the kind of results you want--How to Make Money in Stocks--Getting Started gives you a clear, step-by-step path to investing success.

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Copyright 2013 by McGraw-Hill Education LLC. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a data base or retrieval system, without the prior written permission of the publisher.

ISBN: 978-0-07-181012-8
MHID: 0-07-181012-9

The material in this eBook also appears in the print version of this title: ISBN: 978-0-07-181011-1, MHID: 0-07-181011-0.

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CONTENTS
FOREWORD

How to Make Money in StocksGetting Started is an important book for all investors.

If youre new to the stock market and unsureperhaps nervousabout how to begin investing, Matts book may be the missing link youve been looking for. Youll find a step-by-step game plan with checklists and routines to make sure you start out right. More experienced investors can reference these same strategies and tools to streamline their routines and further improve their returns.

From the time I founded Investors Business Daily in 1984, weve focused on education, knowing that anyone with a desire to learn can become a successful investor. Since then, countless people from all walks of life have used IBD and the CAN SLIM Investment System to achieve significant results.

I first met Matthew Galgani a decade ago when he came to us to help market IBD to more investors. He also had a strong desire to master the CAN SLIM System to build his own financial future. Matt began attending dozens of IBD workshops around the country, then went on to help establish and expand the IBD Meetup program in its early stages.

Since then, he has been involved in several pivotal educational products, including co-hosting IBDs weekly radio show, editing the IBDextra Newsletter, and creating IBD TV videos. Matt also helped me develop the IBD Meetup Investor Education Series, a 13-part course created specifically for Meetup members. Each month, those interactive lessons are used by local groups all over the nation and are one of the best ways weve found to help investors establish a clear plan for making money in the market.

Getting Started is a natural complement to my earlier work, How to Make Money in Stocks. Matts book helps you take those crucial first steps while creating proper investing habits that help you build wealth over time. No one becomes a successful investor overnight. Like all skills, investing takes time and effort to learn. But anyone with patience and perseverance can do it. The key is to follow a sound plan and never give up.

Ive read this book carefully and can tell you that in the pages ahead, youll discover an investing plan that works. The rest is up to you. I have no doubt that if you study and stick to the rules outlined in Getting Started, you can benefit greatly.

Understand that you do not need to do this on your own. IBD is here to help you every step of the way with free educational resources, including the IBD Meetup program, product training, IBD TV videos, and more. If you ever have any questions, call our toll-free educational hotline (800-831-2525) to get the help you need.

Were wishing you the very best in your investing journey.

Sincerely,

William J. ONeil

Chairman and Founder

Investors Business Daily

INTRODUCTION

This is a book about taking action. About taking specific steps to get started on your path to making more money in the stock market.

Let me start with a little story about my own journey...

Before I began investing in the mid-1990s, I read several books about the market. They were definitely helpful in terms of deciding what to buy.

It wasnt until later I realized something was missing.

They didnt address the otherequally importantpieces of the puzzle: When to buy and when to sell.

But at the time, I was making money. And when youre making money, who needs sell rules?!

The rise of personal computers, the Internet and cell phones had launched an explosive bull market, and I was making 35% one year, 40% another. Like millions of other investors, my strategy was basically to buy and just hold on for the glorious ride.

But in reality, I was blissfully unaware of my own ignorance.

I didnt know that in a bull market, the vast majority of all stocks go up. So while I may have thought

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