CANSLIM Investing: The Strategy 99% Investors Ignore (But Shouldn't)

May 4, 2024

Lee Tanner, an experienced CAN SLIM trader and meetup leader, shares his insights into the often-overlooked CAN SLIM investing strategy. He discusses his journey from early trading successes to valuable lessons learned along the way. Lee emphasizes the importance of being well-invested and reflects on common mistakes he made in the past. The conversation includes intriguing case studies on successful trades, the significance of entry and exit strategies, and the psychological elements of trading, all sprinkled with practical advice for aspiring investors.

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Intro

00:00 • 2min

Navigating the Stock Market Journey

02:16 • 23min

Mentorship and Connections in the Investment World

25:19 • 3min

Mastering CANSLIM: Strategies and Insights

28:38 • 14min

Investment Insights: Lessons from Home Depot and Beyond

42:55 • 16min

Strategic Stock Selling and Watchlist Management

59:14 • 12min

Mastering Market Monitoring and Strategy

01:11:18 • 30min

Post-Analysis in Stock Trading

01:41:04 • 6min

Lessons in Cancelium Investing and Nvidia's Technical Setups

01:47:24 • 2min

Maximizing Gains Through Strategic Stock Holding

01:49:15 • 4min

Navigating Trading Meetups and Sustainable Strategies

01:53:21 • 2min

Mastering the Mindset of Investing

01:55:37 • 14min

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📈 TraderLion Masterclass Courses: https://go.traderlion.com/uinsGWant 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 moreIf you're ready to supercharge your investing journey, Contact info for Lee: LelandHTanner@comcast.netEnjoy!- The TraderLion TeamTimestamps:00:00 - Lee Tanner - Longtime Canslim Trader14:02 - Mistakes Back in the 90’s24:41 - Experiences Gained From Bill O’Neil In the Workshops Attended32:26 - Buying on Strength Vs. Weakness33:09 - AMGEN Stock42:08 - Home Depot Stock (HD)45:35 - Viavi Solutions Stock (VIAV)48:52 - WEBO Stock (WB) 201653:20 - Netflix Stock56:52 - Double Bottom Bases In Current Times57:37 - NVDA Stock1:01:02 - How Lee Picks Stocks Based On a Trend1:04:23 - Basic Watchlist Requirements1:10:41 - Any Weekly Routine For Picking Out Stocks1:16:12 - Anticipation Market In Upcoming Days1:21:22 - Daily Routine1:30:00 - Sell Rules1:34:46 - Trading Statistics1:40:26 - How To Study Previous Winners/Trades1:46:52 - Other Trading Charts1:52:48 - Where To Find Lee/Meetup1:54:49 - Advice For Traders Managing Stress2:05:04 - Advice For Achieving Success/ Developing Rules