Finding High Growth Market Leaders | a CANSLIM Trading Idea by ChartMill
Finding High Growth Market Leaders is a popular strategy. However, spotting these specific stocks is not easy. In this video, I show you how to quickly and accurately create a basic first list of stocks to consider using the O'Neill CANSLIM Trading Idea by ChartMill.
The parameters used come from the book "How to Make Money in Stocks: A Winning System in Good Times and Bad" by William O'Neil. The book was first published in 1988 and has been revised repeatedly since then.
In the book, fundamental criteria are used to determine which stocks meet the requirements, technical criteria combined with a general analysis of market direction further determine when to buy the stock.