CANSLIM Investing: The Strategy 99% Investors Ignore (But Shouldn't)
ฝัง
- เผยแพร่เมื่อ 10 มิ.ย. 2024
- 📘 Get your FREE 115-page Ultimate Trading Guide: traderlion.com/YT-UTG
🔍 Next-Generation Stock Screener: traderlion.com/YT-DV
🦁 Follow us on Twitter/X: traderlion.com/YT-X
📈 TraderLion Masterclass Courses: traderlion.com/YT-TLU
📰 Free Trading Academy: traderlion.com/YT-TLA
Want to master the CAN SLIM investing strategy? In this episode, we sit down with experienced trader Lee Tanner to dive into the nitty-gritty of this proven method. Lee shares his fascinating journey in the markets, from his early wins to the hard-learned lessons that shaped his success.
Here's what you'll learn in this video:
• What is CANSLIM Investing? A breakdown of the key factors driving this dynamic strategy.
• Lee's Background: How his interest in stocks blossomed and how he discovered William O'Neil's methods.
• Mistakes and Successes: Lee's candid reflections on the crucial lessons he learned along the way.
• The Power of Underinvestment: Why being underinvested might be your biggest hurdle.
• Case Studies: An in-depth look at different stock case studies - Lee's successful trades.
• and much more
If you're ready to supercharge your investing journey,
Contact info for Lee: LelandHTanner@comcast.net
Enjoy!
- The TraderLion Team
Timestamps:
00:00 - Lee Tanner - Longtime Canslim Trader
14:02 - Mistakes Back in the 90’s
24:41 - Experiences Gained From Bill O’Neil In the Workshops Attended
32:26 - Buying on Strength Vs. Weakness
33:09 - AMGEN Stock
42:08 - Home Depot Stock (HD)
45:35 - Viavi Solutions Stock (VIAV)
48:52 - WEBO Stock (WB) 2016
53:20 - Netflix Stock
56:52 - Double Bottom Bases In Current Times
57:37 - NVDA Stock
1:01:02 - How Lee Picks Stocks Based On a Trend
1:04:23 - Basic Watchlist Requirements
1:10:41 - Any Weekly Routine For Picking Out Stocks
1:16:12 - Anticipation Market In Upcoming Days
1:21:22 - Daily Routine
1:30:00 - Sell Rules
1:34:46 - Trading Statistics
1:40:26 - How To Study Previous Winners/Trades
1:46:52 - Other Trading Charts
1:52:48 - Where To Find Lee/Meetup
1:54:49 - Advice For Traders Managing Stress
2:05:04 - Advice For Achieving Success/ Developing Rules
#canslim #investingstrategy #traderlion
📘 Get your FREE 115-page Ultimate Trading Guide! - traderlion.com/YTC-UTG
👇 What you'll learn!
--------------------------------------------------------------------------------------------------------------------------------------------------------------
Lesson 1: Build a sturdy trading foundation to overcome the biggest obstacles holding you back.
Lesson 2: Master 3 powerful trading setups to adapt and thrive in various market conditions.
Lesson 3: Efficiently screen and find top-performing stocks with strong momentum and high growth potential.
Lesson 4: Establish a streamlined risk management strategy using stop losses, position sizing, and portfolio heat analysis.
Lesson 5: Optimize selling decisions by identifying late-stage bases or key trend reversals by analyzing daily and weekly charts.
Lesson 6: Sharpen your trading analysis and decision-making by integrating cutting-edge analytical tools and techniques.
Lesson 7: How to establish and maintain routine weekly and daily trading practices to ensure consistent performance and continuous improvement.
good stuff!
What a service you’re providing Richard, documenting the lessons of past generations for future generations. People will be reviewing your videos for years to come.
Really great talking with Lee. This is one you should watch multiple times.
Really good Richard, thanks. Do you know if Lee is on twitter? And which was his email address pls?
@@michaels-h5539 he's not on twitter. his email is in the description
💯
Fully agree. Thanks for getting Lee on. Just looked and nothing else that I can see where Lee discusses his trading. Love his approach to talking about trading, very informative and entertaining too. One of the best things about this video is that Lee is genuinely open. I will definitely watch this again.
Should also note that Richard is great at letting his guests talk . Very few people have the ability these days to ask questions and pause long enough to listen to the answers.
This was an absolute gem! Thanks for bringing Lee on!
No doubt!
One of the best interviews ! Watching for the second time and taking tons of notes. Thanks for having Lee on !
Glad you enjoyed it!
Richard! Please, don’t stop doing these interviews, for me, they’re awesome how traders share their experiences, thank you
Glad you find them helpful!
🕰 Timestamps 🕰
00:00 - Lee Tanner - Longtime Canslim Trader
14:02 - Mistakes Back in the 90’s
24:41 - Experiences Gained From Bill O’Neil In the Workshops Attended
32:26 - Buying on Strength Vs. Weakness
33:09 - AMGEN Stock
42:08 - Home Depot Stock (HD)
45:35 - Viavi Solutions Stock (VIAV)
48:52 - WEBO Stock (WB) 2016
53:20 - Netflix Stock
56:52 - Double Bottom Bases In Current Times
57:37 - NVDA Stock
1:01:02 - How Lee Picks Stocks Based On a Trend
1:04:23 - Basic Watchlist Requirements
1:10:41 - Any Weekly Routine For Picking Out Stocks
1:16:12 - Anticipation Market In Upcoming Days
1:21:22 - Daily Routine
1:30:00 - Sell Rules
1:34:46 - Trading Statistics
1:40:26 - How To Study Previous Winners/Trades
1:46:52 - Other Trading Charts
1:52:48 - Where To Find Lee/Meetup
1:54:49 - Advice For Traders Managing Stress
2:05:04 - Advice For Achieving Success/ Developing Rules
Great content!! Such valuable info from Lee 👍
Thanks for watching!
RIP William O'Neil (March 25, 1933 - May 28, 2023) creator of CANSLIM
He died as SPX was breaking out of a "tightening" base.
This is so good, you're doing great work Richard. Thanks
Thank you so much to both of you, Richard and Mr. Tanner. It was great.
awesome to hear!
Richard, that was a great interview. Lee Tanner is a great teacher.! I was lucky that I joined the meetup at Petaluma a few years ago when I moved to the Bay Area, and got to learn a lot from Lee and that group. Thank you Richard for bringing this great interview. I am sure I will watch it many more times.
Glad you enjoyed it! Thanks
Awesome interview!!!
Thanks!!
Fantastic interview. Really enjoyed hearing Lees story and he gave some amazing advice and tips to apply.
Thank you! We're glad you enjoyed it!
Realistic presentation. Thank you.
Glad it was helpful!
Lee is the man....... Thanks for bringing him..
Thanks for watching!
Thanks Richard another great interview.
Glad you enjoyed it!
Love to listen to Lee. So much to learn from him!
Agree!
Great video! Lots of fantastic stuff here
Glad you enjoyed!
Excellent as always. What does it mean by " volume is
corrupted by just the way the market is " - Mike Webster. Kindly guide Richard
The in-depth chart analysis and how Lee was recalling his trading process in different stocks was so beneficial.. great content!!
Thanks!
Truly excellent interview! Thx 🙂
Glad you enjoyed it!
Excellent Sir!! Great learning. 🙏
Awesome!
Probably the best interview I have ever heard.
Awesome!!
Maybe I missed it, but does Lee have a preference for either daily or weekly charts?
He makes it look easy. Great interview
Thanks for watching!
Thanks Richard for providing this top notch educational content 🙏🏼
Thanks for watching it!
Great guest…..looking forward to watching this
Hope you enjoy it!
This was great. Lee is a straight shooter. Kept it simple as it should be. Many times we complicate ourselves LOL
Agree!
Good stuff
Glad you enjoyed
AMGN jumped 14.5% in after hours after this video. 3 months of gains!
yeah ! it s all thx to this interview!
lol
This guy holds stocks for decades - wow - respect 🙏
100%
Please request all of your guests to make sure that their mouse pointers are Extra Large, that they point and show clearly, zoom in, connect bar to volume or any other point that they are referring to. Lastly, let them be a little considerate and not fidget around that much. Thanks again.
Great feedback, thanks!
Thank you
Welcome!
freakin lee tanner --da man
Yes definitely 🙌
halo Richard, i am junaidi from indonesia. I do thank you for this amazing video, Mr. Lee is a true legend, a respected trader. You are doing a great job bro Richard.
Thank you!
Need enlightenment! What is Lee referring to in Daily Routine #5. "Market School MEM"?
Market School Market Exposure Model - model developed my Mike Webster, Charles Harris, and others.
@@DeafPanthers Thanks
@@DeafPanthers Thanks for the information.
Where can I find the MarketSmith Daily Data Screen?
You build it yourself if you're a MarketSurge subscriber. Make a new screen and simply add all available columns. This might take a while.
Lee: "I think daily routines are important!"
Richard: 🤓🤓
lmao
ANOTHER HOME RUN RICHARD! THANKS LEE!
Thanks Don!
CANSLIM lines up with lots of the investing ideals that I have. Be clear that you need to understand this is a strategy that focuses on high growth. So this means it can win big but also lose big.
💯
Classical examples in using CANSLIM making big $. The lesson is not to be shaken out and to hold for long.
Align the timeframe that fits your personality the best. If you’re going to hold long you have to be able to deal with the pullbacks!
The mutual fund William O'Neill managed with this strategy did not perform well. Why ?
wow 12 add ons on weibo ..throwing big darts ........ freakin maestro lee tanner
He’s awesome!
Home run!😎
🔥🔥🔥
His best returns were just buying and holding good companies, after following canslim and experiencing the many ups and downs, I'm wondering if that's not the best method with a lot less work
It just doesn't work for most stocks. The ones where it works are the exception. Most leaders completely give back all of their gains. See Tesla. And you can do it only if you have a really big profit cushion.
host does great job,,,,,lets his guests talk,i like dat
Thanks!
❤
Bros got taste wearing grados.
👀
not so sure about this interview. love your content and well done to that man for his success . BUT he s a position trader holding stuff for 10+ years and going through massive drawdowns on his big positions. better ignore indeed (unless u wanna be a position trader)...
He’s a Position Trader.
I think you misunderstood. Lee doesn't typically hold positions for years. Usually just weeks to months if they don't fail quickly within days. The 10 year holds are very rare exceptions.
@@mnestler31 i understood perfectly. He s a position trader, willing to keep for years and let a pos give back 60%. It s bad…
Richard - did you share his email address?
Hi Marc it's in the description