Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
William O'Neill
Investors and Entrepreneurs

William O’Neill – author of a unique trading strategy

10.06.2020
2 min read

William O’Neill is a famous exchange expert who has developed his unique approach to trading. He succeeded by his own efforts, learning from his mistakes and turning losses into valuable experience.

William O’Neill: the way to success through learning and persistence

William O’Neill wrote the book “How to Make Money in the Stock Market”, which shows his approach to trading operations. But before earning his fame and respect, a broker had to face difficulties.
O’Neill comes from a poor family and to help his parents, he was working as a part-time job from an early age. After graduating from university and serving in the army, William began to study stock exchange engineering. He was primarily interested in futures and read a lot of literature on the subject.
His persistence produced results and the young man was hired by a small firm as a financial analyst. In this position, he could experiment and look for his own approach. William focused all his efforts on creating a computerized investment system. At that time, this principle was hardly ever used, and therefore there was no competition.
O’Neill’s cases were going well. He proved himself among his colleagues and clients as an experienced financial expert whose actions brought high returns.
At the age of 30, William acquired a place on the New York Stock Exchange, and later founded his own investment company.
Thanks to the right trading strategy, O’Neill was successful and, importantly, earned a reputation in financial circles. His approach was described in a book by an exchange consultant. But we should not be forgotten that an individual strategy can work in one case, but become completely useless in another. Therefore, each beginner broker must find his own way.

William O'Neill

The trading system, founded by William O’Neill, is called CAN SLIM. It is an abbreviation, which includes the basic rules of success for exchange operations.
System decryption:

  • the minimum quarterly profit percentage should be at least 14%.;
  • 25% minimum annual income is 25%;
  • pay attention to new investment proposals that are in high demand;
  • strive for high transaction volumes;
  • aim to become a market leader;
  • the number of big companies should be growing all the time.

William O’Neill considered regular trend growth to be the main rule for successful investment. This is especially important when investing in shares, not in currencies.
An exchange expert is not a supporter of buying cheaper assets, which he compares with sales. These deals are not profitable from the very beginning.
Now William O’Neill advises traders, conducts analysis of companies in order to determine their profitability.

Tags: Investors and Entrepreneurs
0
Previous Post The secret activities of the most mysterious company Palantir Technologies Next Post Growth of trade turnover between Russia and Algeria: advantages of cooperation

You Might Also Like

Brian Chesky
Investors and Entrepreneurs
Brian Chesky, the founder of the online platform Airbnb, came to success
07.11.2020
Christopher Gardner
Investors and Entrepreneurs
Christopher Gardner is the man who has proven impossible
27.11.2020
Iris Fontbona richest woman
Investors and Entrepreneurs
Iris Fontbona: biography of the richest woman in Latin America
15.11.2024
Sam Zell
Investors and Entrepreneurs
Sam Zell: a successful investor in the US real estate market
23.05.2024
Peter Thiel
Investors and Entrepreneurs
Peter Thiel: the secret of investor and philanthropist success
09.08.2020
John Rockefeller biography
Investors and Entrepreneurs
John Rockefeller: biography of the first dollar billionaire
15.07.2021

Popular Posts

  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Popular Posts

  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics