Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market

1.15. CONCLUSION

After intensive study of multitudes of market cycles spanning over one hundred years, it is clear that O'Neil carries on and refines the conversation that Jesse Livermore, Richard Wyckoff, and Nicholas Darvas started. Human nature does not change, so we carry on the conversation, voicing our successes, failures, and findings—all of which carry deep learning both on analytical and psychological levels. This is not rocket science, and almost anyone can apply these methodologies to become successful in their own right, but the technique does require long-term focus and dedication. While we do not pretend to be equal to the stature of any of these gentlemen, we do believe that as former O'Neil portfolio managers and as successful investors in our own right, using the O'Neil methodologies, we have something of value to add to the conversation. Certainly, as the markets continue to evolve, certain mechanics and applications of O'Neil methodologies will evolve as well, and it will be left up to traders like us to continue to evolve and improve our methods, but the basic philosophical foundation, the "ethos," of the O'Neil methodologies will remain the same.