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

Chapter 2. How Chris Kacher Made Over 18,000 Percent in the Stock Market Over Seven Years

It's one thing to learn an investment system with the idea that you should be able to use it to make reasonable profits in the stock market over time, perhaps having a triple-digit annual gain from time to time, but it's another thing to see how it is all put into practice. It's also interesting to hear how some individuals have made big money in the stock market, achieving unheard of gains in excess of, say, 1,000 percent in a single year, or some other ridiculous number like 18,000 percent over seven years. Most investors, however, have not seen what it looks like from the driver's seat, and when they hear of someone who has produced such performance numbers, it begs the question, "Exactly HOW was that done?" In this chapter and the next, we will give some insight into how we achieved big gains in the stock market—the stocks we bought, the market conditions under which they were bought, and our thought processes and decisions as we maneuvered through it all in real time.

By following along with us as we go through the experience of making big gains in the market, you may find that it is not as complicated as you might think. In the end, it is about working hard to put yourself in the position of being in the right place at the right time; that is, when a leading stock is just starting a huge upside price run. There is skill involved, and there is also some luck, but it is luck that you ...