In the 2nd Step of SEPA methodology my question is what’s the Fundamental screening process ? What Fundamental criteria Mark Minervini uses in his screening in Marketsmith after the Trend Template Screening is done to eliminate 95% of stocks from step 1 as stated in the books.Kindly advise.
Regardless of the account % per trade, I would like the question to be risk & per trade. Im use to be 50-80% in per name (no margin) but always below 2% risk per trade.
Risk per trade. Decide what amount you are willing to lose at your stop price. Assume $300 is your max risk tolerance. Determine your stop loss as a percentage from current price; assume 5%. 300 divided by 0.05 = $6000. This means you can put up $6000 and your max risk will be $300 at a 5% stop loss. Is that what you are looking for?
@@MrNofreedom Do you guys know what exactly Mark meant by '4 stocks full margin'? Did he mean 4-8 stocks at 25% positions, using margin when fully invested? Cheers
I just love Mark Minervini on IDB live - what a treat.💕
In the 2nd Step of SEPA methodology my question is what’s the Fundamental screening process ? What Fundamental criteria Mark Minervini uses in his screening in Marketsmith after the Trend Template Screening is done to eliminate 95% of stocks from step 1 as stated in the books.Kindly advise.
Does anyone know what exactly Mark meant by '4 stocks full margin'? Did he mean 4-8 stocks at 25% positions, using margin when fully invested? Cheers
Yes that is correct. He does so because he knows why. If you don't, then you shouldn't. You need to know what you're doing in trading and why.
Regardless of the account % per trade, I would like the question to be risk & per trade. Im use to be 50-80% in per name (no margin) but always below 2% risk per trade.
How do you protect yourself if the price gaps down 30-50% due to some bad news or black swan event?
Risk per trade. Decide what amount you are willing to lose at your stop price. Assume $300 is your max risk tolerance. Determine your stop loss as a percentage from current price; assume 5%. 300 divided by 0.05 = $6000.
This means you can put up $6000 and your max risk will be $300 at a 5% stop loss. Is that what you are looking for?
@@MrNofreedom Do you guys know what exactly Mark meant by '4 stocks full margin'? Did he mean 4-8 stocks at 25% positions, using margin when fully invested? Cheers
@@nicholasanderson9019yes that is correct.
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