Average Reviews:
(More customer reviews)This is a great book. It will turn many of the conventional nuggets of wisdom about stock market on their head. It is a fairly complete book. For an individual trader it explains the investing process well. The 100 or so charts at the beginning of the book are very valuable and informative. CANSLIM is the right system to follow in my experience as well. Probably the most important piece of advice in the book is the advice to cut your losses short at 7-8% from your purchase price of a stock. Most recently 3 follow through days in the market have failed. This book however says that follow through days which mark the beginning of an uptrend in a stock market are reliable about 80% of the time. No book, no investing philosophy can be perfect, that's why one needs to cut the losses short so that one can live to fight another day.
This book with green cover is only slightly different from the one with orange cover. The differences are-
1) there is a quiz at the end to test your knowledge of CANSLIM
2) there are more recent charts of stocks which were hits and picked around March 2009 as part of William O'Neil's institutional service. These are stocks like Priceline, CERN, NFLX etc.
3) there is a CD attached to the back cover about a trial of one of their services.
All in all i don't think there is a need to get the latest book if you already have the book with orange cover.
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