Australian (ASX) Stock Market Forum

Canslim anyone?

I had never heard of it and now, having read of a few sites I googled, I don;t feel inclined to investigate further. Apparently it uses a combination of F/A and T/A which has to be a recipe for a mental breakdown:eek:;):eek:
 
I think Compton and Kendall put out a book called Trading with a Plan... which incorporates canslim and TA.. based on Aussie stocks... is probably in Joes bookshop if you are interested.
 
Ive only just come across this method also. Some of it seems ok and some sounds like BS.
Read somewhere that they guy who invented it has not made a cent for this method.

C - ok
A - ok
N - BS
S - ok
L - ok
I - ok
M - BS
 
fwiw I find it picks up trades way too late unless the time horizon is greater than 1 year. Useless for traders. Probably ok for investors.
 
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