Why Most People Miss Buying Great Stocks — William O’Neil Edition
1. They buy low instead of buying right.
Great stocks never look cheap.
They break out near new highs — not at the bottom.
The crowd waits for discounts.
Professionals wait for strength.
2. They obsess over low P/Es instead of high growth.
O’Neil ignored P/E ratios.
He looked for explosive earnings and sales growth.
Cheap valuations rarely lead to life-changing moves — growth does.
3. They ignore price and volume.
Price tells you what’s happening.
Volume tells you who’s behind it.
Institutional accumulation leaves footprints.
Most traders never learn to read them.
4. They fear new highs.
“It’s already gone too far.”
That sentence has killed more wealth than bad trades.
Winners make new highs — that’s what leaders do.
5. They don’t study past winners.
Home Depot, Dell, Tesla, NVIDIA —
all had similar breakout structures.
History doesn’t just rhyme —
in the markets, it repeats.
6. They let emotions rule.
Fear, hope, greed.
The market preys on them all.
O’Neil said it best:
> “The hardest thing about the market is not the math — it’s mastering yourself.”
7. They sell winners too soon and hold losers too long.
O’Neil rule:
> “Cut every loss at 7–8%. Let winners run.”
Amateurs do the opposite — and wonder why they never compound.
8. They ignore the general market trend.
Three out of four stocks follow the market.
You can’t fight gravity.
Trade with the market, not against it.
9. They don’t have rules.
O’Neil had a playbook.
Most traders have vibes.
Rules protect you when emotions don’t.
10. They never develop conviction.
Conviction comes from knowledge, not hype.
Study price, volume, earnings, and past winners —
you’ll stop guessing and start executing.
Don’t try to buy low.
Buy right.
Don’t predict.
Follow price and volume.”
— William J. O’Neil
Just watched my mom & older sister crush SPX
My mom turned $380 into $6,000
My sister made $3,000 today
Both in front of me, both crushing it 🔥❤️
@F3FITNESS_@Ablkfairy
We got the drift up and slowdown we were looking for last week. Some $SPX analysis into this week.
Weekly (Top Right)
Daily + Long-term ATR (Top Left)
Hourly + Daily Ribbon + Position ATR (Bottom Left)
Hourly + Swing ATR (Bottom Right)
Elimination of PDT will result in 2 types of smaller account traders:
- people who will be able to trade freely with discipline and grow faster
- people who will overtrade without discipline and blow up faster
One of the great missteps in life is allowing people who are in a “rotten place” in their mind start to effect your perspective and start your process to “cynicism, envy, jealousy and darkness” ..
Don’t let that happen .. surround yourself with positivity, accountability, kindness and love ❤️
Today’s the first day Im actually opening my trading discord up after being closed for over a month.
I only do enrollment once a month.
Today it’s open for 10 people. Once the slots fill that’s it
If you’ve been watching and enjoying my content I’m confident you’ll love TSA
Learn more and join here - https://t.co/MXpLZVq5d2
I will confidently say this:
It’s not you, it’s the market.
Patience. Everyone around you is giving up. Don’t give up right before we see some great PA. You just have to survive these conditions
Have a blessed day family 🌱
It’s an elite mindset to live like everything is going to work out. Not necessarily being blindly optimistic, but just knowing whatever happens, you’ll figure it out