Marks books -- HIGHLY Recommended -- Trade Like a Stock Market Wizard: amzn.to/3sQmo0n Think and Trade Like a Champion: amzn.to/32Mwnt2 Mindset Secrets for Success: amzn.to/3ew1bmZ Momentum Masters: amzn.to/3xk2uy6 Market Wizards- Jack Schwager -amzn.to/3sO7g3p -- Other Books Mentioned -- How to Trade in Stocks Jesse Livermore amzn.to/3vcNjoo How to make money in stocks O'Neil amzn.to/3aC3t35
@@stephentownsend3297 That's right, getting in touch with a consultant during the pandemic was how I was able to scale through the crazy stock downtrend. Reach out to Tamara Diane Hagan for best guidance. search her name on the web to see her website .
Timestamps 0:00 Introductions 1:04 Aha Moments That Changed Mark's Trading 1:25 Reading How to Trade in Stocks by Jesse Livermore 2:13 What Historical Traders and Books did Minervini Study 3:20 Rules and Discipline are Essential for Super-Performance 4:04 Its like being a Great Athlete- You have to be focused and Disciplined 4:34 Mark Ritchie 4:49 How to structure your goals to achieve Superperformance 5:15 You accomplish what is on top of your priorities list 5:45 Ed Seykota- Everyone gets what they want out of the market. 6:00 You don't get to be an Olympic Athlete without putting that goal above all else 6:30 The Mark Minervini Volatility Contraction Pattern VCP 7:33 The VCP is a Characteristic, Its the Effect not the Cause 8:12 It's not because of the chart that it works, it's Supply and Demand 8:35 Supply has Stopped coming to market 9:00 VCPs have been occurring since the 1800s, Nothing has changed 9:45 Marks Daily Routine - Mindset and Preparing to Trade 10:08 Breathing Exercises - Visualizing Outcome - How will I deal with it 10:50 All work is done the night before - Ideas, Pivots, Position Management 11:30 Marks Weekly Routine, Scanning for Ideas 11:50 Searching for Ideas 12:24 Non Negotiable Criteria - Minervini Trend Template 12:40 98% of the Greatest Winning stocks were in Stage 2 Uptrends 13:16 You don't have to get in early, wait for the uptrend 13:28 Tips for people to Find VCPs - Train your Eye and Build your own Model Books 14:45 Study past great winners 14:54 Always looking for the Fundamentals Great Earnings, Sales, Margins, But it has to has the technicals 15:54 Does mark look for Group Moves? 16:25 Sometimes the Leaders Take Off Before a Group Moves Develops 17:09 Golden Nugget - Focus on Stocks then the groups then the market 17:30 How does Mark screen for Leaders during a Correction 17:58 Focus on Stocks with High RS, Near Highs, Rebounding the fastest 18:06 In a Late-stage bull market then a correction scan for RS during the Correction - Utility Screen 18:50 What is a Pivot point - What are you are looking for to buy 19:25 The Key is you are trading in a way that you know what to expect. Master a few setups 19:54 Golden Nugget - Know when something is acting normal or abnormal 20:13 How Jesse Livermore Used Pivot Points 20:35 O'Neil Buy Points 20:50 Surgical Buy Points - Pradeep Blonde and David Ryan 21:15 Study the Past Greats and Refine using the Tools available 21:45 How Mark Uses different timeframes near Pivot points 22:20 Buying Pullbacks - Waiting for the stock to turn up 22:50 Where does Mark Put his Stop Losses - Obvious and Non-Obvious Levels 23:40 The Main thing is the math behind it. What is my risk 24:17 How many Stocks doe Mark Hold- How does he set Position Sizing 24:49 Trading in the US Investing Championship 25:23 During his best years focused on 4-8 Names 25% Positions and no more than 10-12 25:55 How does Mark decide when to sell? Adapting to the Market 27:00 Golden Nugget - It does not matter what happens after you sell. Turn over your edge Coin Example 28:35 Golden Nugget - When do you sell into strength versus into weakness 30:00 How does Mark use Progressive Exposure to bend with the market 30:30 If you buy 2 stocks and they work, those profits finance your forward risk 31:50 If your last few trades have not worked, you should be lowering position sizing 32:09 Progressive exposure is one of the most important things to protect against drawdowns and to be exposed when things are going well 32:54 What does make consider when we are extended? Market Indicators. 33:40 Momentum trumps Sentiment. It comes down to the individual stocks 34:10 The best indicator is individual stocks- Setting up before a bull market and rolling over before a correction. 34:25 Going through Charts 34:35 NMM Stock Analysis 35:15 Golden Nugget You want to be knocked out quickly if you are wrong. Don't waste time. 36:05 Entering Failure Resets - Avoiding Volatility - Megaphone 37:00 Changing Tactics Within an Overall Strategy _ Adapting to Results 38:55 How long does the base- contraction have to be 39:00 Powerplay - Hight Tight Flags 40:00 Snap Chart Analysis - Relative Strength During a Correction 40:30 Cushion Before Earnings 41:00 Snap was setting up during a correction 41:39 Snap Pulled in less than the market and Broke out of the base 43:00 Taking Responsibility for your Trading - Versus Blaming Algos 44:50 Playing a portion for the larger move 45:50 The time you should play for the larger move is coming out of a major correction 46:30 50 Day Rule 46:50 BOYD Gaming BYD - Respect for the 10 Week MA 47:50 In Post-Analysis how do you determine a good trade or a bad trade. Did you follow your rules 49:00 How important is Keeping track of Summary Statistics - Batting Average, Average Gain, Average Loss. 50:15 Golden Nugget: You should be cognizant of your statistics and use that to determine where to cut losses and take gains 52:15 How does Mark come back from a big loss or poor trading performance 54:22 How does Mark Know when to Sell into Strength 55:00 What matter is what happens between the buy and the sell. 56:30 General Selling ruling of thumb 57:17 What can new traders do to shorten their learning curves. 58:14 You can't force experience, put in the work, and make a commitment.
when we use math with stocks is it basically just where you place your stop compared to where. you think the stock can go or how exactly would you qualify a good mathematical trade?
Glad to hear his confirmation that investing for small gains multiple times a year is the way to make money rather than finding those few stocks that go up 50-100% in a year. I can find stocks that will go up 10% in a few days, weeks or months a lot easier than ones that will go up triple digits in a year or two.
I am from Taiwan and Mark Minervini have influenced me a lot. I have read many interviews and this one is the most useful. Thank you for this interview. I have learned a lot.
You have to realize what trading is all about - it's not getting high, getting the low. It's about making (money) more than you risk and being able to do it over and over to reach your goal. Thank you Mark!!
So if you make money more time than you are wrong but you risk the same as you make is wrong ?? hahaha 1:1 RR is good enough even if you are right 55% of the times Learn man learn 1:2 RR ratios are used so the new traders lose the mental game in the short term and just gamble
I've already read this guy's books years ago. Well worth reading If your serious about trading. Some serious timeless advice given. "What you get is what you prioritize"
This is a BIG eye opener for me, a South African development trader... I followed ICT for months and he preached that the market is run by algorithms He also said that Indicators are a distraction and Price Action is King but here I see a Market Wizard using a Indicator and I'm shocked... He also said stuff like focus on one setup a week while you still developing and than tape Read and even when you are profitable aim for 12% a month than chill, OK but I wanna reach a high level ( Yes I want to be rich) and i know 33 000+ return is insane but I want to also be a Market wizard and it felt limiting...
Your such a good interviewer. No cutting Mark off, no narcisitsic insecure inputs of your own achievments in trading. Just good questions and 100% attention and listening. Good job man!
I have to say Richard, this is one of the best videos interviews you have done, thank you. Why? In my opinion, there are many good traders, maybe many better than Mark, but for one to learn they must have a good teacher! Mark is not only a market wizard but also a teaching wizard, that is why I attend the MTP programs. I still respect the many other great and successful traders that teach by way of videos, books and trainings, though no one teacher is the same just like no one trader is the same, I think Mark’s teaching is at such a high level like a professor, where you are studying for your PHD in trading! Thanks just wanted to share and reward you for your effort Richard in helping people become better traders, keep up the great work 🙏👍
All I can say is< I am so grateful! Everybody should understand now, why it's SO important to journal your trades! Average gain/loss will directly influence your decision making! This is grandiose!
Mark is the real deal. I have read his books and been to MTP. If one executes based on his teachings, you would do well over the long run. Thanks Richard for this interview.
I have been following Mark for a long time and he still managed to impart knowledge new to me with this interview. Great questions and I appreciate the way in which Mark answered all off them.
Richard great interview. You brought great stuff out of the legend mark minervini. The way you moved the topics around was superb. Looking forward to more such interviews from you.
I am new to the market. Started learning about the mechanics. Fortunate to have learnt from Mark. He maintained real focus and shared excellent key notes. I will watch it a few more times. Thanks Richard for arranging this knowledge source!!
Great video...........being a trader, who participates in the market, on a regular basis.........I.found Mark Minervini's trade insights, very imformative.
Definitely one of the interviews where I literally took heavy notes, and kept rewinding back to Mark's great insights. Thanks Richard! your contents are getting more and more awesome! keep it up!
What a fabulous interview. I went to one of Mark's seminar's in 2017 in SC. This is filled with information and Mark's sharing his insight invaluable. Thanks, Richard.
Finally you got to interview one of the biggest legends. Great interview as always Richard, you are always asking the right questions. We get their full system filled with alot of golden nuggets that we can use in our systems. Thank you very much, you are the best stock interviewer for me.
Pure gold! I Appreciate you, Richard, for taking the time to interview traders, and putting this together so that more people can learn from them. Thank you.
Thanks Mark and Richard for bringing such learning videos. This video has has lot many things to learn, form daily routine , stock trading to psychology management.
"The good trade is a trade that you stick to your rules/strategy. You can have a good trade and get stopped (cutloss), you can have a bad trade and gain. That is why the result cannot justify the means. You might be thinking you did right just because you gain. You are like a turkey fatten-up for a kill. Don't be outcome bias. You should be strategy bias, rules bias and discipline bias." This one is the takeaway for me.
26:00 ... man that info about being nimble and agile with your strategy when the market changes (instead of getting upset that the usual way of doing things isn't working out) was such a critical aha moment for me. That was worth the hour listen alone and this interview was just chock full of them. Side note - I do wish you'd answer just one question at a time tho.
Thank you, Mark, for honestly sharing your long, professional experience and the wisdom gained from your work. Thanks for the interview, Richard, making this accessible to us.
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
@@devereauxjnr I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
@@Tsunaniis-j5l I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
Hon mark sir what a remarkable experience in stock markets it is our luck to screen with you enclosing your perspectives knowledge in our minds little book you mentioned at start of video title was not given I will buy and read all your books and get guidance in future many thnx to legendary only one mark sir be healthy happy
This interview is amazing ... Been trading for a year but really motivated to get my act together. Thanks Mark you are inspiring and apprec Richard's awesome questions.
Amazing interview Richard, as I said earlier on Twitter I couldn’t wait to watch this dream team interview and as usual you never disappoint. You asked Mark all the questions us aspiring market wizards would want to ask him, and had me literally updating some of my own personal buy, sell and position size rules in my binder, lol. Great work and thanks for another incredible interview!
Wasn't a fan of this guy just from his tweets, but this interview completely changed my mind. Best one yet. You did a fantastic job with your questions and guiding this interview. Mark's a badass.
I attended the 2019 master trader program and closed 2020 with a 148% total portfolio gain. I will KEEP buying what Mark teach! How did YOU do in 2019???
Thank you so much man...I hope u understand the impact you are having... Learning from great traders all the way from India...that would almost be impossible if you weren't there...Thank you so much😁
Just found your channel and have sped through multiple interviews. If I had found this at the beginning it would have saved so many hard lessons learned. Keep it up!
this video really gave me some enthusiasm and confidence on stock trading im a new trader and have made some bad trades but ive learnt alot lately and hearing this interview reinforced the idea of sticking with it and "STICK TO THE PLAN"
Thank you Ni for allowing me to witness the wonderful investment experience interview between MM and you, and the inspirational words at the end are also very good!
Thank you Richard, and of course Mark! This is awesome! I wished I could afford Marks teachings, I have all his books and follow closely al his tweets. Priceless!
I sent $6,000 with flight and hotel attending his 2019 Master Trader Program....for 2020 I closed the year with a total portfolio gain of 148%.....how can you afford NOT to invest $5,000 that can teach you make millions? I am not affiliated with Mark or his program in any way, just a past student grateful for what I learned from all 3 instructors with Mark Richie III and David Ryan.
Been waiting for this one! His book was the first book that I read relating to stocks and the one that has really set me up on the path to success. Great Interview!
Thanks, Richard for bringing Minervine back. I like this interview because Minervini responded to your questions in simple and direct ways. Great material. My take from the interview is the review the books that make the difference and apply to your personality to develop the best strategy that suits you.
33:25 excellent question. I used similar formulas in the past (percent above the 50 or 200) with mixed results for me. Might be different for others, but great question never the less.
Thanks Mark! I’m new to trading and have just finished both your TLSMW and TTLC books, and have collated a ridiculous amount of notes. I’ve set up my trading performance management system entirely on your strategies. Just love the risk management and mathematical approach to trade management. This was such a good interview. Thank you.
Finally had time to watch this, great interview! Noted what Mark said about his stop placement when the market isn't favorable. I have been knocked out of many positions these past months using the "popular" stop points.
Awesome interview and so much covered! Progressive exposure is a powerful concept. Loved the shortened learning curve discussion and what it takes to be a trader nowadays. Thank you.
Marks books -- HIGHLY Recommended --
Trade Like a Stock Market Wizard: amzn.to/3sQmo0n
Think and Trade Like a Champion: amzn.to/32Mwnt2
Mindset Secrets for Success: amzn.to/3ew1bmZ
Momentum Masters: amzn.to/3xk2uy6
Market Wizards- Jack Schwager -amzn.to/3sO7g3p
-- Other Books Mentioned --
How to Trade in Stocks Jesse Livermore amzn.to/3vcNjoo
How to make money in stocks O'Neil amzn.to/3aC3t35
What order should we read his books if we are new to his strategy?
Great job getting Mark on your channel. That's a power play!
@littlebigtankengine thanks a bunch!
I read Stock Market Wizard first.
@@stephentownsend3297 That's right, getting in touch with a consultant during the pandemic was how I was able to scale through the crazy stock downtrend.
Reach out to Tamara Diane Hagan for best guidance. search her name on the web to see her website .
Timestamps
0:00 Introductions
1:04 Aha Moments That Changed Mark's Trading
1:25 Reading How to Trade in Stocks by Jesse Livermore
2:13 What Historical Traders and Books did Minervini Study
3:20 Rules and Discipline are Essential for Super-Performance
4:04 Its like being a Great Athlete- You have to be focused and Disciplined
4:34 Mark Ritchie
4:49 How to structure your goals to achieve Superperformance
5:15 You accomplish what is on top of your priorities list
5:45 Ed Seykota- Everyone gets what they want out of the market.
6:00 You don't get to be an Olympic Athlete without putting that goal above all else
6:30 The Mark Minervini Volatility Contraction Pattern VCP
7:33 The VCP is a Characteristic, Its the Effect not the Cause
8:12 It's not because of the chart that it works, it's Supply and Demand
8:35 Supply has Stopped coming to market
9:00 VCPs have been occurring since the 1800s, Nothing has changed
9:45 Marks Daily Routine - Mindset and Preparing to Trade
10:08 Breathing Exercises - Visualizing Outcome - How will I deal with it
10:50 All work is done the night before - Ideas, Pivots, Position Management
11:30 Marks Weekly Routine, Scanning for Ideas
11:50 Searching for Ideas
12:24 Non Negotiable Criteria - Minervini Trend Template
12:40 98% of the Greatest Winning stocks were in Stage 2 Uptrends
13:16 You don't have to get in early, wait for the uptrend
13:28 Tips for people to Find VCPs - Train your Eye and Build your own Model Books
14:45 Study past great winners
14:54 Always looking for the Fundamentals Great Earnings, Sales, Margins, But it has to has the technicals
15:54 Does mark look for Group Moves?
16:25 Sometimes the Leaders Take Off Before a Group Moves Develops
17:09 Golden Nugget - Focus on Stocks then the groups then the market
17:30 How does Mark screen for Leaders during a Correction
17:58 Focus on Stocks with High RS, Near Highs, Rebounding the fastest
18:06 In a Late-stage bull market then a correction scan for RS during the Correction - Utility Screen
18:50 What is a Pivot point - What are you are looking for to buy
19:25 The Key is you are trading in a way that you know what to expect. Master a few setups
19:54 Golden Nugget - Know when something is acting normal or abnormal
20:13 How Jesse Livermore Used Pivot Points
20:35 O'Neil Buy Points
20:50 Surgical Buy Points - Pradeep Blonde and David Ryan
21:15 Study the Past Greats and Refine using the Tools available
21:45 How Mark Uses different timeframes near Pivot points
22:20 Buying Pullbacks - Waiting for the stock to turn up
22:50 Where does Mark Put his Stop Losses - Obvious and Non-Obvious Levels
23:40 The Main thing is the math behind it. What is my risk
24:17 How many Stocks doe Mark Hold- How does he set Position Sizing
24:49 Trading in the US Investing Championship
25:23 During his best years focused on 4-8 Names 25% Positions and no more than 10-12
25:55 How does Mark decide when to sell? Adapting to the Market
27:00 Golden Nugget - It does not matter what happens after you sell. Turn over your edge Coin Example
28:35 Golden Nugget - When do you sell into strength versus into weakness
30:00 How does Mark use Progressive Exposure to bend with the market
30:30 If you buy 2 stocks and they work, those profits finance your forward risk
31:50 If your last few trades have not worked, you should be lowering position sizing
32:09 Progressive exposure is one of the most important things to protect against drawdowns and to be exposed when things are going well
32:54 What does make consider when we are extended? Market Indicators.
33:40 Momentum trumps Sentiment. It comes down to the individual stocks
34:10 The best indicator is individual stocks- Setting up before a bull market and rolling over before a correction.
34:25 Going through Charts
34:35 NMM Stock Analysis
35:15 Golden Nugget You want to be knocked out quickly if you are wrong. Don't waste time.
36:05 Entering Failure Resets - Avoiding Volatility - Megaphone
37:00 Changing Tactics Within an Overall Strategy _ Adapting to Results
38:55 How long does the base- contraction have to be
39:00 Powerplay - Hight Tight Flags
40:00 Snap Chart Analysis - Relative Strength During a Correction
40:30 Cushion Before Earnings
41:00 Snap was setting up during a correction
41:39 Snap Pulled in less than the market and Broke out of the base
43:00 Taking Responsibility for your Trading - Versus Blaming Algos
44:50 Playing a portion for the larger move
45:50 The time you should play for the larger move is coming out of a major correction
46:30 50 Day Rule
46:50 BOYD Gaming BYD - Respect for the 10 Week MA
47:50 In Post-Analysis how do you determine a good trade or a bad trade. Did you follow your rules
49:00 How important is Keeping track of Summary Statistics - Batting Average, Average Gain, Average Loss.
50:15 Golden Nugget: You should be cognizant of your statistics and use that to determine where to cut losses and take gains
52:15 How does Mark come back from a big loss or poor trading performance
54:22 How does Mark Know when to Sell into Strength
55:00 What matter is what happens between the buy and the sell.
56:30 General Selling ruling of thumb
57:17 What can new traders do to shorten their learning curves.
58:14 You can't force experience, put in the work, and make a commitment.
Love how well prepared the interviewer is. Great questions too, and he let's Mark speak to the end without cutting him off. Thank you.
Glad you enjoyed it!
Hes so good!
From someone who's watched literally hundreds of videos by dozens of content makers: this one is not bullshit. Thanks for the great interview.
Glad to hear that George!
Mark Minervini helped my trading reach a whole other level.
"Letting the math work its way into your trading" is for me, one of the most important insights I've gained from Minervini over the last few weeks.
Absolutely!
when we use math with stocks is it basically just where you place your stop compared to where. you think the stock can go or how exactly would you qualify a good mathematical trade?
An hour passed and I did not even notice. This man is a fountain of knowledge. My God!
Thanks Richard for organizing this.
Glad you enjoyed it!
It's a great time to do trading, it's great time to do anything.
You can't force experience.
This man is gem.
Glad to hear his confirmation that investing for small gains multiple times a year is the way to make money rather than finding those few stocks that go up 50-100% in a year. I can find stocks that will go up 10% in a few days, weeks or months a lot easier than ones that will go up triple digits in a year or two.
Absolutely! there are many ways to achieve super-performance
interview with Mark Minervinie. It's like a pure gold. Thanks!
Thanks for watching!
Thank you, Mark. I am from Vietnam. I read your books more than 10 times and will continue reading.
I am from Taiwan and Mark Minervini have influenced me a lot. I have read many interviews and this one is the most useful. Thank you for this interview. I have learned a lot.
Great to hear!
You have to realize what trading is all about - it's not getting high, getting the low. It's about making (money) more than you risk and being able to do it over and over to reach your goal. Thank you Mark!!
So if you make money more time than you are wrong but you risk the same as you make is wrong ?? hahaha
1:1 RR is good enough even if you are right 55% of the times
Learn man learn
1:2 RR ratios are used so the new traders lose the mental game in the short term and just gamble
Great video, mark is legendary, richard is great at interviewing as well!
Thanks Nathan I appreciate that!
Wow I had to check if you're THE Nathan Florence! Surprised to see you here! Yiiwww! 🤙🤙🤙
@@RichardMoglen can you interview ryan peirpont, that guy is a beast!!!
Coming soon!
@@RichardMoglen cant wait, the guy is consistent and very discipline. When will this be out.
I've already read this guy's books years ago. Well worth reading If your serious about trading. Some serious timeless advice given. "What you get is what you prioritize"
This is a BIG eye opener for me, a South African development trader...
I followed ICT for months and he preached that the market is run by algorithms
He also said that Indicators are a distraction and Price Action is King but here I see a Market Wizard using a Indicator and I'm shocked...
He also said stuff like focus on one setup a week while you still developing and than tape Read and even when you are profitable aim for 12% a month than chill, OK but I wanna reach a high level ( Yes I want to be rich) and i know 33 000+ return is insane but I want to also be a Market wizard and it felt limiting...
Your such a good interviewer. No cutting Mark off, no narcisitsic insecure inputs of your own achievments in trading. Just good questions and 100% attention and listening. Good job man!
Thanks Mike!
One of the greatest, Mark's approach is phenomenal, professionalism and mastering at its finest (and his books are great).
I have to say Richard, this is one of the best videos interviews you have done, thank you. Why? In my opinion, there are many good traders, maybe many better than Mark, but for one to learn they must have a good teacher! Mark is not only a market wizard but also a teaching wizard, that is why I attend the MTP programs. I still respect the many other great and successful traders that teach by way of videos, books and trainings, though no one teacher is the same just like no one trader is the same, I think Mark’s teaching is at such a high level like a professor, where you are studying for your PHD in trading! Thanks just wanted to share and reward you for your effort Richard in helping people become better traders, keep up the great work 🙏👍
All I can say is< I am so grateful! Everybody should understand now, why it's SO important to journal your trades! Average gain/loss will directly influence your decision making! This is grandiose!
Thanks! Completely aggree!
eat sleep, trade and listen to Richard and his guest...! Great time to be alive..!
lol!
Best interview/podcast of Mark Minervini that I've watched so far.
Would love a VCP masterclass with Mark. 45 mins to an hour of straight up dissecting the VCP and examples.
This is GOLD, a lot of notes writing down with this interview!!❤❤❤
Richard, all I can say is Wow, tons of knowledge in sixty minutes. I’ll be watching this over and over. So much information. Well done 👍
Thanks so much!
Amazing. Such a wonderful time we can have amazing interviews such as this recorded and shared publicly. What am amazing time to be alive.
Mark is the real deal. I have read his books and been to MTP. If one executes based on his teachings, you would do well over the long run. Thanks Richard for this interview.
Absolutely! Glad you enjoyed it
This is the moment we've all been waiting for. Great interview Richard, your development is clear to all!
Thanks Hector!
I have been following Mark for a long time and he still managed to impart knowledge new to me with this interview. Great questions and I appreciate the way in which Mark answered all off them.
Glad you enjoyed it!
Richard great interview. You brought great stuff out of the legend mark minervini.
The way you moved the topics around was superb.
Looking forward to more such interviews from you.
Much appreciated!
Much thankful to him for sharing his knowledge and making people confident right from the initial phase of trading.
Absolutely!
I am new to the market. Started learning about the mechanics. Fortunate to have learnt from Mark. He maintained real focus and shared excellent key notes. I will watch it a few more times. Thanks Richard for arranging this knowledge source!!
Fantastic!
Great video...........being a trader, who participates in the market, on a regular basis.........I.found Mark Minervini's trade insights, very imformative.
Good stuff!
I have watched this interview so many times and i will keep watching and taking notes and reviewing my notes
Definitely one of the interviews where I literally took heavy notes, and kept rewinding back to Mark's great insights. Thanks Richard! your contents are getting more and more awesome! keep it up!
Awesome to hear Aaron thanks!
Wow...you really hammered him with great questions...good job Richard. Mark is a great at sharing information. Thanks a lot ...SOLID GOLD.
Glad you enjoyed it!
What a fabulous interview. I went to one of Mark's seminar's in 2017 in SC. This is filled with information and Mark's sharing his insight invaluable. Thanks, Richard.
Glad it was helpful! Thanks Martha
Finally you got to interview one of the biggest legends. Great interview as always Richard, you are always asking the right questions. We get their full system filled with alot of golden nuggets that we can use in our systems. Thank you very much, you are the best stock interviewer for me.
Glad you enjoyed it!
Always! Im learning a new thing or two from every single interview.
Pure gold! I Appreciate you, Richard, for taking the time to interview traders, and putting this together so that more people can learn from them. Thank you.
Thanks Mark and Richard for bringing such learning videos. This video has has lot many things to learn, form daily routine , stock trading to psychology management.
Must stop watching for a while to write this comment, you' did a very good job in this interview Richard, thanks a lot!
Glad you enjoyed it!
" It took me 6 years to turn a profit." Let that sink in. Full time trading. And US champion.
man there is just so much invaluable information in this interview that i don't even know where to start. Thanks for hosting this legend.
Glad it was helpful!
Another great interview. Mark is such a master-makes almost everyone else seem like an amateur. Humbling.
Thanks Ross and agreed!
"The good trade is a trade that you stick to your rules/strategy. You can have a good trade and get stopped (cutloss), you can have a bad trade and gain. That is why the result cannot justify the means. You might be thinking you did right just because you gain. You are like a turkey fatten-up for a kill. Don't be outcome bias.
You should be strategy bias, rules bias and discipline bias."
This one is the takeaway for me.
Love from Indian Mark Minervini Sir❤ for all your efforts to transfer your knowledge to the world of traders❤ to make there learning curve shorter
I clicked so fast once I saw Mark Minervini
Hes the man!
26:00 ... man that info about being nimble and agile with your strategy when the market changes (instead of getting upset that the usual way of doing things isn't working out) was such a critical aha moment for me. That was worth the hour listen alone and this interview was just chock full of them. Side note - I do wish you'd answer just one question at a time tho.
Thank you, Mark, for honestly sharing your long, professional experience and the wisdom gained from your work. Thanks for the interview, Richard, making this accessible to us.
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
@@devereauxjnr I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
@@Tsunaniis-j5l I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
Hon mark sir what a remarkable experience in stock markets it is our luck to screen with you enclosing your perspectives knowledge in our minds little book you mentioned at start of video title was not given I will buy and read all your books and get guidance in future many thnx to legendary only one mark sir be healthy happy
Damn, Richard congrats! Getting big and going places with mark minervini!
Thanks!
Finally we got The Market wizard in Ur video,what a great video.thank u so much
Glad you liked it!
This interview is amazing ... Been trading for a year but really motivated to get my act together. Thanks Mark you are inspiring and apprec Richard's awesome questions.
Great to hear!
are you still trading?
@@ccc777z not really learning the strat .
Whaaaaat?? Interview with Mark Minervini?!! This made my weekend!!
Amazing interview Richard, as I said earlier on Twitter I couldn’t wait to watch this dream team interview and as usual you never disappoint. You asked Mark all the questions us aspiring market wizards would want to ask him, and had me literally updating some of my own personal buy, sell and position size rules in my binder, lol. Great work and thanks for another incredible interview!
Much appreciated!
so much wisdom in this interview.......Thanks Mark 🙏
Wasn't a fan of this guy just from his tweets, but this interview completely changed my mind. Best one yet. You did a fantastic job with your questions and guiding this interview. Mark's a badass.
Thanks man! Some people don't come across well on twitter. I personally try to avoid conflicts
@@RichardMoglen you'll never win an argument with the Internet!
@@_illuziun_ agreed
Awesome work with the legend Richard .. Keep on getting this kind of quality ppl.
Thanks, will do!
Wow ,Great Interview Richard. Mark is a true legend . need to watch few more times to grasp everything Mark shared
Glad you enjoyed it!
Great job Richard! Mark is one of the traders I like the most. His books really change the way how I trade!
Totally agree!
Do you have consistent success with his techniques?
Moglen appriciate your efforts .
Thanks mark for your time and efforts
You r great leader.
Thanks!
I’ve prob listened to this one 5x… & the 💎 beginning at 27:00 mark is such a great perspective. So simple. Great stuff 💪🏽💪🏽
Keep selling the dream Mark. You are a wizard at marketing yourself and your "educational" services
I attended the 2019 master trader program and closed 2020 with a 148% total portfolio gain. I will KEEP buying what Mark teach! How did YOU do in 2019???
Thank you so much man...I hope u understand the impact you are having... Learning from great traders all the way from India...that would almost be impossible if you weren't there...Thank you so much😁
My pleasure!
So many golden nuggets on this one. Thanks Richard, great video! God bless you!
Glad it was helpful!
Mark is so articulated
Excellent interview, Richard. This is one of the best. Time goes so fast when watching folks like this. Thanks for doing this.
Glad you enjoyed it!
Just found your channel and have sped through multiple interviews. If I had found this at the beginning it would have saved so many hard lessons learned. Keep it up!
Brilliant interview, thank you for this. I’ll be rewatching this a few times.
Thanks Gary!
Mark is a legend ofc. Great questions and great flow Richard!
Thanks!
Awesome interview.
Mark is always a joy to listen.
But Richard has superb interviewing skills
Very kind of you thanks Ashish!
Richard, great job as always. Thanks to you and Mark for the time and information.
Glad you enjoyed it
this video really gave me some enthusiasm and confidence on stock trading im a new trader and have made some bad trades but ive learnt alot lately and hearing this interview reinforced the idea of sticking with it and "STICK TO THE PLAN"
Thank you Richard, and Mark.
Our pleasure!
Wow, this was very helpful. Thanks so much for sharing this. So much wisdom and experience.
Mark is a true legend..full stop.
Thanks Anurag!
Thank you Ni for allowing me to witness the wonderful investment experience interview between MM and you, and the inspirational words at the end are also very good!
No problem!
One of the best interviews I watched
Thanks Richard! Hope you can continue doing these once you graduate. In the meantime I cherish these interviews! Thanks 👍
I plan to keep this up. Thanks Jim!
Awesome interview, so packed with valuable information. Seen this multiple times get find it interesting each time. Thanks for providing this!
Thank you Richard, and of course Mark! This is awesome! I wished I could afford Marks teachings, I have all his books and follow closely al his tweets. Priceless!
Thanks!
I sent $6,000 with flight and hotel attending his 2019 Master Trader Program....for 2020 I closed the year with a total portfolio gain of 148%.....how can you afford NOT to invest $5,000 that can teach you make millions? I am not affiliated with Mark or his program in any way, just a past student grateful for what I learned from all 3 instructors with Mark Richie III and David Ryan.
@@jerryjenkins5739 I am working on it, nothing I want more than to read the master's lips.
Awesome interview, I’m watching all your interviews over and over again every day for all the details to stick in my head 😂
Great to hear! Enjoy! Check out all the ones on the TL channel too
Thanks a lot Richard for making this happen. Appreciate all your work! More power to you.
More to come!
Been waiting for this one! His book was the first book that I read relating to stocks and the one that has really set me up on the path to success. Great Interview!
Thanks, Richard for bringing Minervine back. I like this interview because Minervini responded to your questions in simple and direct ways. Great material. My take from the interview is the review the books that make the difference and apply to your personality to develop the best strategy that suits you.
Glad you enjoyed it!
33:25 excellent question. I used similar formulas in the past (percent above the 50 or 200) with mixed results for me. Might be different for others, but great question never the less.
Just a phenomenal interview Richard, thanks for the work you're doing here man!
My pleasure! Thanks Jason
A valuable interview with Mark! Thank you Richard.
YOU NAILED IT with this interview! congrats buddy
Thank you!
Pure gold! Thanks guys. you both are great mentors and teachers to me
Thanks Tommy!
Thanks Mark! I’m new to trading and have just finished both your TLSMW and TTLC books, and have collated a ridiculous amount of notes. I’ve set up my trading performance management system entirely on your strategies. Just love the risk management and mathematical approach to trade management. This was such a good interview. Thank you.
Hi David, did Mark's strategies work for you? I am a newbie, about to start trading and the first concept I have studied is VCP
Finally had time to watch this, great interview! Noted what Mark said about his stop placement when the market isn't favorable. I have been knocked out of many positions these past months using the "popular" stop points.
Thanks Nick! I hope you exams went well.
thank you bringing IV with Mark. i love his books
No problem!
This is quality content. Thanks for keeping it real, Richard. 💯 🔥
My pleasure!
Awesome interview and so much covered! Progressive exposure is a powerful concept. Loved the shortened learning curve discussion and what it takes to be a trader nowadays. Thank you.
No problem! Thanks for watching
Absolute legend have his books... The best
Getting out when the getting good, with regard to your odds, bloody good point!
Watched a few interviews with Mark, but this one is a bomb! 💣 Well done! 👍
Thanks!
Pure gold. Thanks both of you!
Our pleasure!
Huge interview! Thanks Richard and Mark
Thanks Jack!