2:59 Start 5:06 3 Keys for Super performance 7:23 Rule 1 Concentrate 12:45 Rule 2 Turn Over your Portfolio 18:37 Rule 3 Time your trade 20:46 VCP setup 23:16 David Comments 25:20 Rule 4 Manage Risk Reward relationship 31:24 Approach every trade “Risk First” 33:03 No Big Loses No Forced Trades 37:53 Rule 5 Trade Directionally 47:52 Rule 6 Build on Success 55:05 Rule 7 Protect Your Breakeven Point ASAP 58:40 Order of Priorities 1:01:12 Holding a super performance 1:04:44 When does this work. Correction to Bull Market 1:06:20 Rule 8 Sell into Strength 1:15:25 Rule 9 Conduct Post Analysis REGULARLY 1:23:50 Rule 10 Avoid style Drift 1:25:28 Responsibility Action Believe in yourself Rules are to be followed 1:29:10 Q & A How to Screen 1:29:52 Volume on Buy Decision 1:31:18 Indicators 1:32:20 Market Condition 1:34:35 VCP 1:35:31 Scaling In 1:37:32 Whipsaw Environment buy on pullbacks
Thank you Mark and David for posting this webinar and always educating. You are both great in your field and I feel privileged to learn from your knowledge and teachings. Even though this webinar is from 8 years ago, it is timeless! Thank you again.
Mark I have followed you, read your books and after watching this it all just clicked. I now get it enough to better increase my performance and look forward to continuing to learn from you. Thank you!
I have been studying historical charts for a couple months now and I must say... it feels so good to realize that observations that I have been making (but lacking in confidence to reference as fact) follow the same principles you employ. This confirms that, although I have yet a lot to learn and much that I do not know, I am on the right track. Thank you Mark and David for releasing your knowledge onto the world. Although the information is of an older date... it is certainly NOT outdated.
Thank you for this. Rewarding listen for a person that uses very similar trades and framework you guys speak of in this video. A few years old, but spot-on for 2021 the like.
@@jamescomm2647 I do make all my trades with Mr Dean Larsen Wilson, he handles my investment/trade capital on my behalf using his high trading strategy and experience in maximizing profits.
My sincere thanks, You are my eye opener. You presented and made me understand such important things, so easily. This will work as very valuable guide to me.
This video teaches lessons not just for the stock market but also for living life in general. "Self Confidence is the key and 50% selling is a psychological relief on both sides of the trade" Thanks for being so generous in sharing such precious wisdom.
This video is the reason I was able to make 17% gains this past week (while the market ended down 1%) Nov 11-20, 2020. It might be 5 years old but it really is a game changer.
Saw this reposted on your Twitter feed a bit back and really really learned a lot from this. I only wish I had listened to it earlier this year as it’s principles and Rules would have saved me thousands. Nothing like losing money in a bull market to make you realize you know nothing 🤦♂️. Thank you for all you and David do.
@@bharatdubey8738 he suggests 4-5 stocks for best results and focus. Sell when stock move up too fast in a day or two. Buy his book "think and trade like a champion". He explain most of this. If you can't join his group then all you need is his books and follow him on Twitter, as he is really active on there.
10:50 for me- David, 12:00 - MM - pyramid quickly- few days, 25:30 real batting avg, 29: 20 loss mgmt formulae, 49:00 fresh run 5%- 10%, build small profit cushion first, then scale up rapidly 50%, 54:50 prefer small and mid-cap, 56:00 moving some stop up to avg gain, when 2-3 times risk is hit and sell some, 59:00 avg stop loss ~3.4%, 1:04:30 sell some, 1:06:00 sell into strength, 1:11:00 David sell overextended but maintain next base to buy more, 1:13:00 vanishing gains, 1:39:30 whipsaw market- buy mainly pullback and bounce
I have bought four of your books( MINDSET SECREST FOR WINNING, TRADE LIKE A STOCK MARKET WIZARD, THINK AND TRADE LIKE A CHAMPION, MOMENTUM MASTERS). It is very good
Excellent content ! Thanks a ton Mark. This compliments very well to the learning from the books. One observation though. For some funny reason, YT is not allowing to click on the "Bell" icon. Any idea how that can be overcome? It would help to get notified whenever Mark releases any fresh videos.
still got 30 mins and I ll finish it off tmr. I have watched a few of your interviews and lectures on youtube, and I have learnt a lot. and when you mentioned the mentality of believing yourself that you can do it for example in basketball, it really relates to my experience as a random guy that shoots ball on a public court. you have got to stick with it and also evaluate why it doesn't work and what you can improve. i have realized that i have rely too much on my experience in finance and those CFA textbook materials, that is more suitable to be applied in the finance world than to your own portfolio, and this video again really enlightens me, will be buying the book as well. thanks again.
Thank you for your amazing book & video... very useful tools to keep in mind and use to be successful in a stock trading. ~ Your avid Fan from HK, Emelyn
Thanks alot sir I really appreciate your help with this video, I became successful in the online trading market because I decided to do my homework and not enter the market as a novice Thanks to your mentoring program Mr Romero pieto.
Mr Romero pieto trades on my behalf due to my tight schedules and he is indeed absolutely doing great, in my recent investment of $15,000 he gave me my ROI of $63,000 in a period of two weeks of trading isn't that amazing.
When it comes to consistent profiting I only know of one man called Mr Romero pieto ever since I started investing with him he has indeed been a great blessing to me and my family.
Jessie Willians Am from England 🏴 and am also a newbie in the online Trading market so please how can I get hold of Mr pieto and his trading services ?
5:05 3 keys for superperformance 7:20 Concentrate (FOCUS on the BEST names) 12:45 Turn over your portfolio 18:40 *Time is money* 27:25 Where to cut your loss 33:00 *No big losses; No forced trades* 55:00 Never let a decent size gain turn into a loss 1:03:30 Using the 50 DMA to hold a stock longer term 1:09:00 *Selling (half) into strength* 1:15:25 Conduct post-analysis regularly 1:31:15 Indicators (price and vol relative to 50 DMA) 1:34:30 VCP vs flat base 1:38:10 Sit out power; when to buy on pullbacks
After a year of following Mark, I've begun to read his first book very closely. He says his Trend Template and filters for earnings, sales and margin growth, relative strength and price volatility eliminate 95% of the names from his first pass screens. For the remaining names, he begins a close investigation of fundamentals, kinship with Super Performers, and entry patterns. My question: how does one efficently incorporate all that Mark goes through at this stage to arrive at potential trades? He views his teachings as transferable. Look at the The Five Key Elements of SEPA (Specific Entry Point Analysis) that begins on page 32 of the Kindle version of Trade Like a Stock Market Wizard. The entry point analysis is a huge sequence / compendium of detailed financial analysis. How can one convert and integrate that even in a year's time? He's brilliant and intriguing to read. But how does one replicate and master what appears to be the decisive second leg of his process. He encompasses a huge swath of idiosyncratic analysis as he goes from Trend Template and preliminary filters to names to buy.
Your wrong the audio is not correct, the main speaker is a little quiet and the second speaker is quite loud possibly because I had to put speaker on max to I can hear the main speaker.
Nishit Mehta what’s your average percentage gain over the last year? Around 15%? Take half profits there and let the rest ride for a bigger profit. If it turns back down to around say, 5%, sell the rest. If it goes up more than 15% use a trailing stop.
"Conventional wisdom will get you conventional returns." Fabulous quote! If a person is looking for conventional returns, put that money in an index fund.
It means 8% of the stock price. If you're taking a long position and buying a stock at $100, you would set your stop loss at $92.00, which is $8.00 below the price you bought it at, since 100 x 0.08 = 8. That means if the stock dropped to $92.00, you will be automatically stopped out of the trade, and would have lost $8.00 per share. If you bought 200 shares, your risk per share is $8.00, and you would lose a total of $1600 on the trade if it didn't go your way. Many traders go by the rule of never risking more than 2% of their account size per trade, so if your total account size is $30,000, you wouldn't want to risk more than $600 on any one trade. If your account size is $5000, you wouldn't want to risk any more than $100 on any trade. This helps you to determine how many shares to buy per trade. So, using the above example, if your stop loss is 8%, you are risking $8.00/share. If your account size is $30,000, you could buy 75 shares at $100 each for a total investment of $7500 since 600 (2% of account size) ÷ 8 (risk per share) = 75. If your account size is $5000, you could buy 12 shares for a total investment of $1200 since 100 (2% of account size) ÷ 8 (risk per share) = 12.5 (round down to 12). $30,000 × 0.02 = $600 $600 ÷ $8.00 = 75 Total loss could be $600: 75 x $8.00 = $600 $5000 x 0.02 = $100 $100 ÷ $8.00 = 12.5 (round down to 12) Total loss could be $96: 12 x $8.00 = $96.00
![พรากรัก - เต้ย อภิวัฒน์ [ Official MV ]](http://i.ytimg.com/vi/ShT2ltn8GBE/mqdefault.jpg)
![🔴 [TRỰC TIẾP] Tứ Xuyên (Trung Quốc) VS U20 Thái Lan | Cúp VTV9 - Bình Điền 2024 | JET STUDIO](http://i.ytimg.com/vi/bguJ41PcW0c/mqdefault.jpg)
Priceless!! Thank you Mark. Looking forward to learn more from you.
Mllppp
R popppppppppp07j
Ultimate presentation. It's an eye opener 🙂
@@noiba33 aaaaaa
2:59 Start
5:06 3 Keys for Super
performance
7:23 Rule 1 Concentrate
12:45 Rule 2 Turn Over your
Portfolio
18:37 Rule 3 Time your trade
20:46 VCP setup
23:16 David Comments
25:20 Rule 4 Manage Risk
Reward relationship
31:24 Approach every
trade
“Risk First”
33:03 No Big Loses
No Forced Trades
37:53 Rule 5 Trade
Directionally
47:52 Rule 6 Build on Success
55:05 Rule 7 Protect Your
Breakeven Point ASAP
58:40 Order of Priorities
1:01:12 Holding a
super performance
1:04:44 When does this work.
Correction to Bull Market
1:06:20 Rule 8 Sell into Strength
1:15:25 Rule 9 Conduct Post
Analysis REGULARLY
1:23:50 Rule 10 Avoid style Drift
1:25:28 Responsibility Action
Believe in yourself
Rules are to be followed
1:29:10 Q & A
How to Screen
1:29:52 Volume on Buy Decision
1:31:18 Indicators
1:32:20 Market Condition
1:34:35 VCP
1:35:31 Scaling In
1:37:32 Whipsaw Environment
buy on pullbacks
Thanks for this index, great help!
Awesome webinar! Thanks for making and sharing.
Great listening and slides! This was delivered before the “Think and Trade like a Champion“! was published. Book is amazing
Thank you Mark and David for posting this webinar and always educating. You are both great in your field and I feel privileged to learn from your knowledge and teachings. Even though this webinar is from 8 years ago, it is timeless! Thank you again.
Mark, thank you for sharing your wisdom with David
Thank you Mark and Dave for sharing!
This is really generous sharing of knowledge and wisdom. Thanks so much for posting the video.🙏
This bit about personal epiphanies is absolutely spot on. And what a great feeling it is.
Mark I have followed you, read your books and after watching this it all just clicked. I now get it enough to better increase my performance and look forward to continuing to learn from you. Thank you!
I have been studying historical charts for a couple months now and I must say... it feels so good to realize that observations that I have been making (but lacking in confidence to reference as fact) follow the same principles you employ. This confirms that, although I have yet a lot to learn and much that I do not know, I am on the right track.
Thank you Mark and David for releasing your knowledge onto the world. Although the information is of an older date... it is certainly NOT outdated.
Always happy to hear from the great minervini
One of the best trading videos I've watched. Will be looking into your services Mark
This content is heaven to me! I'm pumped up!😁
I love re-watching this every few months or so! Thank you mark!
same here
me too i watch this like every 2 months @@lthlongcd
Thank you for this. Rewarding listen for a person that uses very similar trades and framework you guys speak of in this video. A few years old, but spot-on for 2021 the like.
Love to see "another seminar about technical" from the 2 great wizards. Hope to get it soon...
I been trading for 10 years this is probably the most important video .... I have ever watched. I have watch a lot of videos
Great content indeed, Mark Minervni and Mr Dean Larsen Wilson are the two traders i am pretty sure of their tactics till date.
I have been seeing good reviews on Dean Larsen Wilson.
I am pretty much a newbie in trading and lately i have been losing so much, How do y'all go about your trades?
@@jamescomm2647 I do make all my trades with Mr Dean Larsen Wilson, he handles my investment/trade capital on my behalf using his high trading strategy and experience in maximizing profits.
Robert, That sounds pretty nice, How do i speak to Mr Dean then?
@@jamescomm2647 You can speak to Mr Dean Larsen Wilson through his mail at (Deanlarsenwilson@gmail.com)
my idol. thanks so much.
That's it! Im watching this webinar in full every other day until I have figured this thing out 😵💫
My sincere thanks, You are my eye opener. You presented and made me understand such important things, so easily. This will work as very valuable guide to me.
he is spitting golden nuggets out of his mouth guys! Thanks Mark
Big fan here! 🎉 Thank u!
So lucky to have guys like you teaching the markets, Love your new book Trade & Think Like A Stock Market Champion.
Just watched this again. Invaluable as always.
Me too. I keep watching this over and over. Seems like i pick up on something subtle, but important, each time.
This video teaches lessons not just for the stock market but also for living life in general. "Self Confidence is the key and 50% selling is a psychological relief on both sides of the trade"
Thanks for being so generous in sharing such precious wisdom.
This video is the reason I was able to make 17% gains this past week (while the market ended down 1%) Nov 11-20, 2020. It might be 5 years old but it really is a game changer.
Celebrate with club in vegas
@@keertheshm8082 😆
Wow thanks mark, why did I found this so late now, you're my guru after boy plunger, thanks a lot!
So helpful, thank you so much!
One of the best trader of all time !
You and David are my best teacher.
Yes, I think these guys are my best teachers too
I just finish reading "Momentum Masters: A Roundtable Interview with Super Traders" , it is an excellent book to read.
I read it too..gr8 book.
I have it
Saw this reposted on your Twitter feed a bit back and really really learned a lot from this. I only wish I had listened to it earlier this year as it’s principles and Rules would have saved me thousands. Nothing like losing money in a bull market to make you realize you know nothing 🤦♂️. Thank you for all you and David do.
I couldn’t agree more:)
man, you saved me and my trading process. your perspective on trading is super helpful. thank you so much
I love it when Mark says "you do want to suffer a huge gain though".
Selling half 1:09:35 ''either way you are right''.
Boy, what a relief!
Thank You Mark!
I've read your first book 3 times and just finished your second book. I'm saving money and one day will join your team.
Can u guide me whats his max holding period ?
And how many stocks he hold in his portfolio at a time?
@@bharatdubey8738 he suggests 4-5 stocks for best results and focus. Sell when stock move up too fast in a day or two. Buy his book "think and trade like a champion". He explain most of this. If you can't join his group then all you need is his books and follow him on Twitter, as he is really active on there.
@@bharatdubey8738 check out "Traders Reality" TH-cam channel. This man has a different perspective to trading
10:50 for me- David, 12:00 - MM - pyramid quickly- few days, 25:30 real batting avg, 29: 20 loss mgmt formulae, 49:00 fresh run 5%- 10%, build small profit cushion first, then scale up rapidly 50%, 54:50 prefer small and mid-cap, 56:00 moving some stop up to avg gain, when 2-3 times risk is hit and sell some, 59:00 avg stop loss ~3.4%, 1:04:30 sell some, 1:06:00 sell into strength, 1:11:00 David sell overextended but maintain next base to buy more, 1:13:00 vanishing gains, 1:39:30 whipsaw market- buy mainly pullback and bounce
Kgupta thanks much for this breakdown. Very helpful!
@@ttraderjim actually both have very different styles and should not be interviewed together
@@kgupta2205 Nevertheless, I appreciate your efforts!
Notes:
Rule #1 07:27
Rule #2 12:46
Rule #3 18:36
Rule #4 27:22
Rule #5 37:55
Rule #6 47:52
Rule #7 55:06
Rule #8 1:05:57
Rule #9 1:15:26
Rule #10 1:23:49
Thank you for posting this!!
can u also add the rule(s) to the time hacks.
excellent thank you for sharing mark
Wow! I took some Golden Nuggets out of that! Even a 5 year old discussion! Solid base trading information. Thanks!
Exceptional. Thank you.
I have bought four of your books( MINDSET SECREST FOR WINNING, TRADE LIKE A STOCK MARKET WIZARD, THINK AND TRADE LIKE A CHAMPION, MOMENTUM MASTERS). It is very good
Fantastic webinar
Amazing webinar. Great learning and very helpful. Thank you so much 😊
Great learning strategy .
Lot of respect
Amazing webinar 👏🏽
awesome video.. thank you.. :)
Thank you Mark!!
Excellent content ! Thanks a ton Mark. This compliments very well to the learning from the books. One observation though. For some funny reason, YT is not allowing to click on the "Bell" icon. Any idea how that can be overcome? It would help to get notified whenever Mark releases any fresh videos.
Thanks for the great video. Do you still buy a stock that breaks out from VCP pattern and overvalued in price?
still got 30 mins and I ll finish it off tmr. I have watched a few of your interviews and lectures on youtube, and I have learnt a lot. and when you mentioned the mentality of believing yourself that you can do it for example in basketball, it really relates to my experience as a random guy that shoots ball on a public court. you have got to stick with it and also evaluate why it doesn't work and what you can improve. i have realized that i have rely too much on my experience in finance and those CFA textbook materials, that is more suitable to be applied in the finance world than to your own portfolio, and this video again really enlightens me, will be buying the book as well. thanks again.
This video is a treasure. No wonder 95% of traders lose money. Only 148k views, maybe 5x coming from me already😁
great sensible approach but video is 8 years old - would love to see some new videos from you, sir!
great webinar
Some great points
Just awesome knowledge shared.
Really well explained, thanks.
I am so happy I finally decided to join your MPA programm! I am so excited to learn from you! Can't wait to start!
Awesome Webinar, thank you!
Thanks for this
Thanks to u man you are great
thank you for this :)
Thank you for your amazing book & video... very useful tools to keep in mind and use to be successful in a stock trading. ~ Your avid Fan from HK, Emelyn
Thanks!
Excellent learning 🙏
Timeless!
the best info out there
I.hope I can go some day to know in person to Mark and David
Thanks alot sir I really appreciate your help with this video, I became successful in the online trading market because I decided to do my homework and not enter the market as a novice Thanks to your mentoring program Mr Romero pieto.
His trade execution quality and profiting is well structured with great financial features.
Mr Romero pieto trades on my behalf due to my tight schedules and he is indeed absolutely doing great, in my recent investment of $15,000 he gave me my ROI of $63,000 in a period of two weeks of trading isn't that amazing.
Great content sir.
When it comes to consistent profiting I only know of one man called Mr Romero pieto ever since I started investing with him he has indeed been a great blessing to me and my family.
Jessie Willians Am from England 🏴 and am also a newbie in the online Trading market so please how can I get hold of Mr pieto and his trading services ?
42:45 i just made this mistake few days ago,today i sold that on loss , admitting my mistake.i feel great learning this now
Salamat boss
NO BIG LOSSES
NO FORCED TRAES
Love it.
5:05 3 keys for superperformance
7:20 Concentrate (FOCUS on the BEST names)
12:45 Turn over your portfolio
18:40 *Time is money*
27:25 Where to cut your loss
33:00 *No big losses; No forced trades*
55:00 Never let a decent size gain turn into a loss
1:03:30 Using the 50 DMA to hold a stock longer term
1:09:00 *Selling (half) into strength*
1:15:25 Conduct post-analysis regularly
1:31:15 Indicators (price and vol relative to 50 DMA)
1:34:30 VCP vs flat base
1:38:10 Sit out power; when to buy on pullbacks
Thank you.
Very insightful
Thanks
After a year of following Mark, I've begun to read his first book very closely. He says his Trend Template and filters for earnings, sales and margin growth, relative strength and price volatility eliminate 95% of the names from his first pass screens. For the remaining names, he begins a close investigation of fundamentals, kinship with Super Performers, and entry patterns. My question: how does one efficently incorporate all that Mark goes through at this stage to arrive at potential trades? He views his teachings as transferable. Look at the The Five Key Elements of SEPA (Specific Entry Point Analysis) that begins on page 32 of the Kindle version of Trade Like a Stock Market Wizard. The entry point analysis is a huge sequence / compendium of detailed financial analysis. How can one convert and integrate that even in a year's time? He's brilliant and intriguing to read. But how does one replicate and master what appears to be the decisive second leg of his process. He encompasses a huge swath of idiosyncratic analysis as he goes from Trend Template and preliminary filters to names to buy.
The super-quality technical review is worth listening to, but David’s radio is really too loud~"~
Mark how do you find those set ups?
Hi Mark and Dave, I have a question according to you what is good volume ?
Fantastic sharing
Amazing.
01:20:38
What set up David focused on ?
hahaa just started trading it took me 3 months to find this channel lol I should consider another profession
What a treat ,!
"You have the ability to do serious damage to yourself today"...I like it!
Thanks a lot for sharing previous knowledge :-)
excellent episode. +1sub ! im so mad now by the 'diamond hands' bs that was preached to me before i learned from top traders
Amazing
@Mark: You mentioned on Rule#5, you align all the timeframes but didn't mention what all timeframes you look into??
for sure no hourly ,30 mins or 5 mins..its safe to assume he meant daily ,weekly and monthly.
Daily and weekly chart
The one thing I don't understand is if you sell strength, then why not buy into weakness?
Watched. Good basic info.
Your wrong the audio is not correct, the main speaker is a little quiet and the second speaker is quite loud possibly because I had to put speaker on max to I can hear the main speaker.
Awesome 👍
❤
I am still struggling with the sell rules...I still need to figure out if I want to hold for 30-40% moves or want to take 15% profit
Nishit Mehta what’s your average percentage gain over the last year? Around 15%? Take half profits there and let the rest ride for a bigger profit. If it turns back down to around say, 5%, sell the rest. If it goes up more than 15% use a trailing stop.
You not after super performance? We talking triple digit gainz here son
"Conventional wisdom will get you conventional returns." Fabulous quote!
If a person is looking for conventional returns, put that money in an index fund.
1:07 good stuff.
holy fuck, Dave's mic is egregious
That bit about selling half of your position on the way up, you're absolutely right.
Mark when you say stop loss at 8% do you mean 8% of stock price or 8% of your account size or 8% of your risk? I'm just not sure. Thank you
I believe it means 8% of your original position
It means 8% of the stock price. If you're taking a long position and buying a stock at $100, you would set your stop loss at $92.00, which is $8.00 below the price you bought it at, since 100 x 0.08 = 8. That means if the stock dropped to $92.00, you will be automatically stopped out of the trade, and would have lost $8.00 per share. If you bought 200 shares, your risk per share is $8.00, and you would lose a total of $1600 on the trade if it didn't go your way.
Many traders go by the rule of never risking more than 2% of their account size per trade, so if your total account size is $30,000, you wouldn't want to risk more than $600 on any one trade. If your account size is $5000, you wouldn't want to risk any more than $100 on any trade. This helps you to determine how many shares to buy per trade.
So, using the above example, if your stop loss is 8%, you are risking $8.00/share. If your account size is $30,000, you could buy 75 shares at $100 each for a total investment of $7500 since 600 (2% of account size) ÷ 8 (risk per share) = 75. If your account size is $5000, you could buy 12 shares for a total investment of $1200 since 100 (2% of account size) ÷ 8 (risk per share) = 12.5 (round down to 12).
$30,000 × 0.02 = $600
$600 ÷ $8.00 = 75
Total loss could be $600:
75 x $8.00 = $600
$5000 x 0.02 = $100
$100 ÷ $8.00 = 12.5 (round down to 12)
Total loss could be $96:
12 x $8.00 = $96.00
Watching this for like the tenth or twentieth time today