Want to learn how to trading/invest using CAN SLIM?
This thread will go through tons of resources to help you!
Books, Podcasts, Twitter handles and more
This thread will go through tons of resources to help you!
Books, Podcasts, Twitter handles and more
First we want to go over what is CAN SLIM. Here is a video from our YouTube channel for those want a overview
Second, Before we go into all the sub topics...
@IBDinvestors is the central location for all things CAN SLIM. Their website has articles, videos, tools and more to help you. http://www.investors.com
@IBDinvestors is the central location for all things CAN SLIM. Their website has articles, videos, tools and more to help you. http://www.investors.com
Topic 1) Books! These books will help teach you the fundamentals and give you lessons from legendary traders to give you a foundation. These are going to be in the order we suggest you read them.
1.a) How to Make Money in Stocks- Getting Started by @IBD_MGalgani
This is a short read that will give you an overview of the strategy. It will also give you insight into the day to day and weekly life of a CAN SLIM trader. https://www.amazon.com/Make-Money-Stocks-Getting-Started/dp/0071810110/ref=sr_1_3?dchild=1&keywords=how+to+make+money+in+stocks+getting+started&qid=1608590474&sr=8-3
This is a short read that will give you an overview of the strategy. It will also give you insight into the day to day and weekly life of a CAN SLIM trader. https://www.amazon.com/Make-Money-Stocks-Getting-Started/dp/0071810110/ref=sr_1_3?dchild=1&keywords=how+to+make+money+in+stocks+getting+started&qid=1608590474&sr=8-3
1.b) "How I Made $2,000,000 in the Stock Market" by Nicolas Darvas
This will teach you many lessons about trading as you hear the successes and failures of a traveling dancer on his way to making $2mil in the market https://www.amazon.com/How-Made-000-Stock-Market/dp/1614271690/ref=sr_1_1?crid=428BAXSTAFSK&dchild=1&keywords=nicolas+darvas+how+i+made+2%2C000%2C000+in+the+stock+market&qid=1608590671&sprefix=nicolas+dar%2Caps%2C160&sr=8-1
This will teach you many lessons about trading as you hear the successes and failures of a traveling dancer on his way to making $2mil in the market https://www.amazon.com/How-Made-000-Stock-Market/dp/1614271690/ref=sr_1_1?crid=428BAXSTAFSK&dchild=1&keywords=nicolas+darvas+how+i+made+2%2C000%2C000+in+the+stock+market&qid=1608590671&sprefix=nicolas+dar%2Caps%2C160&sr=8-1
1.c " How to Make Money in Stocks" by William J. O'Neil
This is the trading bible.
This gives you a comprehensive breakdown of all the rules that create the CAN SLIM Strategy.
This is a book you will read many times over your trading career. https://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0071614133/ref=sr_1_1?crid=4EYDQX63EULK&dchild=1&keywords=how+to+make+money+in+stocks&qid=1608590788&sprefix=how+to+make+mo%2Caps%2C163&sr=8-1
This is the trading bible.
This gives you a comprehensive breakdown of all the rules that create the CAN SLIM Strategy.
This is a book you will read many times over your trading career. https://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0071614133/ref=sr_1_1?crid=4EYDQX63EULK&dchild=1&keywords=how+to+make+money+in+stocks&qid=1608590788&sprefix=how+to+make+mo%2Caps%2C163&sr=8-1
1.d " Reminiscences of a Stock Operator"
An absolute classic!
A story of Jesse Livermore and his journey as a trader. Packed with valuable lessons! https://www.amazon.com/Reminiscences-Stock-Operator-Commentary-Livermore/dp/0470481595/ref=sr_1_5?dchild=1&keywords=Reminiscences+of+a+Stock+Operator&qid=1608591150&s=books&sr=1-5
An absolute classic!
A story of Jesse Livermore and his journey as a trader. Packed with valuable lessons! https://www.amazon.com/Reminiscences-Stock-Operator-Commentary-Livermore/dp/0470481595/ref=sr_1_5?dchild=1&keywords=Reminiscences+of+a+Stock+Operator&qid=1608591150&s=books&sr=1-5
1.e "Market Wizard" by @jackschwager
Filled with interviews from top traders.
Keep in mind there are many different strategies in this book. We suggest waiting till you've traded using CAN SLIM for some time and have the disciplined to not mix systems https://www.amazon.com/Market-Wizards-Interviews-Top-Traders-ebook/dp/B006X50OPW
Filled with interviews from top traders.
Keep in mind there are many different strategies in this book. We suggest waiting till you've traded using CAN SLIM for some time and have the disciplined to not mix systems https://www.amazon.com/Market-Wizards-Interviews-Top-Traders-ebook/dp/B006X50OPW
Topic 2) Podcast
Podcast are an amazing way to make use of time and gain tons of knowledge. Listen at the gym, driving or even just doing things around the house.
Podcast are an amazing way to make use of time and gain tons of knowledge. Listen at the gym, driving or even just doing things around the house.
2.a) IBD Podcast with @IBD_Irusha
This weekly podcast is the best for anyone from a beginner to a professional CAN SLIM trader. Each week Irusha brings on guest that will expand your knowledge of trading. You can find it on almost all podcast platforms https://open.spotify.com/show/5do0Q18e1uvPhSHgdEI3Fj
This weekly podcast is the best for anyone from a beginner to a professional CAN SLIM trader. Each week Irusha brings on guest that will expand your knowledge of trading. You can find it on almost all podcast platforms https://open.spotify.com/show/5do0Q18e1uvPhSHgdEI3Fj
2.b) Trend Following with @Covel
We suggest listening to this from episode #1 in chronological order. Covel will change your perspective on the market & open your eyes to the myths of the market.
He also has many great interviews with legendary traders https://open.spotify.com/show/079TOQc9aOzmgTsKtd12TD
We suggest listening to this from episode #1 in chronological order. Covel will change your perspective on the market & open your eyes to the myths of the market.
He also has many great interviews with legendary traders https://open.spotify.com/show/079TOQc9aOzmgTsKtd12TD
Topic 3) YouTube
A great way to watch educational videos about trading!
A great way to watch educational videos about trading!
3.a) Disciplined Mind Trading
US!
We have a YouTube channel devoted to CAN SLIM.
We do a weekly recap "The Quick Wrap" along with many other videos to help you learn and stay on top of the market. https://www.youtube.com/channel/UCIfYrcUXux9YQ3mYOyl79IA
US!
We have a YouTube channel devoted to CAN SLIM.
We do a weekly recap "The Quick Wrap" along with many other videos to help you learn and stay on top of the market. https://www.youtube.com/channel/UCIfYrcUXux9YQ3mYOyl79IA
3.b) Investors Business Daily YouTube
An archive of tons of IBD content. https://www.youtube.com/user/IBDTV
An archive of tons of IBD content. https://www.youtube.com/user/IBDTV
3.c) Richard Moglen
Another great YouTube channel. Richard has a foundation in CAN SLIM and post many videos that can help traders! https://www.youtube.com/channel/UCYqMAKiU3tFijWnyqAxG4Cg
Another great YouTube channel. Richard has a foundation in CAN SLIM and post many videos that can help traders! https://www.youtube.com/channel/UCYqMAKiU3tFijWnyqAxG4Cg
Topic 4) Twitter
The vast world of Twitter. So much content!
So how can you silence the noise & make sure you have your feed filled with great information that will help you be a better trader?
Below we will list some of the best accounts to follow... besides us of of course
The vast world of Twitter. So much content!
So how can you silence the noise & make sure you have your feed filled with great information that will help you be a better trader?
Below we will list some of the best accounts to follow... besides us of of course
4.a) Twitter people to follow:
@MacriSteven (my co host)
@markminervini @mwebster1971 @IBD_Irusha @AlissaCoram @Zeninthemarkets @WScottONeil @IBD_DChung @IBD_ECarson @IBD_MGalgani @dryan310 @jfahmy @Upticken @IBD_ECarson @SJosephBurns @SJosephBurns @IBD_JNielsen @IBD_KShreve
@MacriSteven (my co host)
@markminervini @mwebster1971 @IBD_Irusha @AlissaCoram @Zeninthemarkets @WScottONeil @IBD_DChung @IBD_ECarson @IBD_MGalgani @dryan310 @jfahmy @Upticken @IBD_ECarson @SJosephBurns @SJosephBurns @IBD_JNielsen @IBD_KShreve
4.b) Twitter people to follow continued:
@basso_tom @covel @DanZanger @TMLTrader @gmorton512 @satoritrade @rubinj57 @JohnMuchow @prrobbins @PatrickWalker56 @TraderLion_ @RichardMoglen @MichaelGLamothe @FoxonStocks @duckman1717 @MartyChargin
@basso_tom @covel @DanZanger @TMLTrader @gmorton512 @satoritrade @rubinj57 @JohnMuchow @prrobbins @PatrickWalker56 @TraderLion_ @RichardMoglen @MichaelGLamothe @FoxonStocks @duckman1717 @MartyChargin
6) Tools
Their are tons of tools out there. Most of the tools below offer a trial membership. IBD also has many sales or deals throughout the year. Always keep an eye out for those!
The main tool you need is IBD Digital. All others are not required but are very valuable
Their are tons of tools out there. Most of the tools below offer a trial membership. IBD also has many sales or deals throughout the year. Always keep an eye out for those!
The main tool you need is IBD Digital. All others are not required but are very valuable
6.a) IBD Digital
The main subscription for CAN SLIM Investors.
This has articles like " The Big Picture"
Stocks lists like the "IBD 50"
and more.
Here is our video reviewing the service
The main subscription for CAN SLIM Investors.
This has articles like " The Big Picture"
Stocks lists like the "IBD 50"
and more.
Here is our video reviewing the service
6.b) Marketsmith
The stock research powerhouse! The advanced tool for the CAN SLIM trader. We use this to find stocks ideas, review fundamental and analysis charts.
Here is our video reviewing Marketsmith
The stock research powerhouse! The advanced tool for the CAN SLIM trader. We use this to find stocks ideas, review fundamental and analysis charts.
Here is our video reviewing Marketsmith
6.c) eIBD/ IBD Weekly Newspaper
A newspaper for CAN SLIM! Tons of great articles!
Some of the articles appear on their website but the paper is a great add to your weekly routine
https://research.investors.com/eIBD/#/
A newspaper for CAN SLIM! Tons of great articles!
Some of the articles appear on their website but the paper is a great add to your weekly routine
https://research.investors.com/eIBD/#/
6.d) IBD Live
Every market day some of the best people at IBD go on Zoom & talk the market. A great way to expedite your learning
@IBD_CGessel @IBD_Irusha @IBD_JNielsen @AlissaCoram @IBD_DChung @IBD_KShreve @FoxonStocks @IBD_ECarson @Zeninthemarkets
https://shop.investors.com/offer/splashresponsive.aspx?id=IBD-Live
Every market day some of the best people at IBD go on Zoom & talk the market. A great way to expedite your learning
@IBD_CGessel @IBD_Irusha @IBD_JNielsen @AlissaCoram @IBD_DChung @IBD_KShreve @FoxonStocks @IBD_ECarson @Zeninthemarkets
https://shop.investors.com/offer/splashresponsive.aspx?id=IBD-Live
We hope this thread can help anyone trying to learn how to trade using CAN SLIM.
Subscribe to our YouTube Channel and feel free to reach out with any questions! https://www.youtube.com/channel/UCIfYrcUXux9YQ3mYOyl79IA
Subscribe to our YouTube Channel and feel free to reach out with any questions! https://www.youtube.com/channel/UCIfYrcUXux9YQ3mYOyl79IA