Has anyone here made/ lost $$ using the CANSLIM method?

Answer 1

I have made money with the CANSLIM method. The reasons are
They rate stocks on several fundamental and technical factors that make it easier to evaluate the stocks.
I use the IBD newspaper to keep up to date on market conditions and industry gruops.
I had took profit and went to cash prior to the first 200 point drop in the dow back in May, so had nice gains instead of a loss mainly do to IBD and the Canslim system.
With the screen of the day and IBD 100, you always have a large selection for stock picking

Answer 2

The essence of the CANSLIM method as far as I can see is relatively sound. The crux is picking quality stocks in the first place. You don't need to pay anyone to do this for you, you can read a little and do it yourself. You don't need to use all 7 fectors in the CANSLIM method, you can use fewer or more, you just need to understand what you are looking at so that you can best "guesstimate" what the rest of the market is thinking.

For FREE info you might try Yahoo!Finance or MotleyFool.com.

And remember the most common difference between some who wins in the market and someone who loses is that the winner avoids paying half her gains in commissions & fees!