277% Gain in 2021 | Interview with Mark Minervini | Market Wizard
ฝัง
- เผยแพร่เมื่อ 14 พ.ค. 2024
- 📘 Get your FREE 115-page Ultimate Trading Guide: traderlion.com/YT-UTG
🔍 Next-Generation Stock Screener: traderlion.com/YT-DV
🦁 Follow us on Twitter: traderlion.com/YT-X
📈 Learn from our Trading Masterclasses: traderlion.com/YT-TLU
📰 TL Trading Academy: traderlion.com/YT-TLA Welcome back to the TraderLion Podcast. Today we are featuring an Interview with Mark Minervini, US Investing Champion, and Author.
Mark Currently leads in the US Investing Championship with a gain of 277% through October.
Over his career, Mark has achieved incredible performance including a 5 and a half year period where he achieved an average annual return of 220% for a total of 33,554% Return over 5 years,
In this interview, we cover how he has traded in 2021, the keys to reaching triple-digit returns, mindset, and go over many trades he has made recently both winners and losers.
Connect with Mark
/ markminervini
minervini.com/
Marks books + Features
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
Enjoy!
- The TL Team
-----------------------------------------------------------------------------------------------------------------------
Next generation stock screener: links.traderlion.com/Deepvue
-----------------------------------------------------------------------------------------------------------------------
Stay in touch:
Follow us on Twitter: links.traderlion.com/TwitterYT
Like us on Facebook: links.traderlion.com/FacebookYT
Our Blog: links.traderlion.com/BlogYT
Timestamps
0:00 Introductions
0:50 The 2021 US Investing Championship
3:30 Mindset Secrets
5:00 Mark's Weekend Routine
7:16 Fundamentals to Focus on
9:45 Mark's Daily Routine
14:35 Trading Aggressively for the USIC
14:56 Mark's Risk Management
16:55 Short Term Trading versus Longer Term Trading
17:18 Marks Average Gain, Average Loss and Batting Average
19:00 How Mark Buys a position
20:47 Focusing on Low Drawdowns, Improving your Worst Case Scenario
23:20 Low Float Names versus Institutional Quality
25:16 Chart Analysis - Finding a Buy Point GS Squat and Reversal Recovery
25:57 SCHW Trade Review
28:30 What Timeframes does Mark execute on?
29:00 Managing Risk using Stop Losses
31:08 PYPL Trade Review
32:00 NUE Trade Review
32:44 PAG Trade Review
33:40 Finding a Buy Point- PAG
34:35 Mental Checklist before Mark Buys
35:40 CFLT Trade Review
37:20 How tight should the last contraction be on the right side?
38:50 BURL Trade Review - Stopped out
40:23 ATVI Trade Review
42:20 Violations, Abnormal Action
42:40 ZLAB Trade Review
43:20 SNAP Trade Review
44:20 Knowing your Average Gain is key
46:11 Progressive Exposure
51:30 How Mark buys after a correction
52:20 Advice for traders who want to achieve Super-performance
54:40 Become a Specialist
📘 Get your FREE 115-page Ultimate Trading Guide! - traderlion.com/YTC-UTG
👇 What you'll learn!
--------------------------------------------------------------------------------------------------------------------------------------------------------------
Lesson 1: Build a sturdy trading foundation to overcome the biggest obstacles holding you back.
Lesson 2: Master 3 powerful trading setups to adapt and thrive in various market conditions.
Lesson 3: Efficiently screen and find top-performing stocks with strong momentum and high growth potential.
Lesson 4: Establish a streamlined risk management strategy using stop losses, position sizing, and portfolio heat analysis.
Lesson 5: Optimize selling decisions by identifying late-stage bases or key trend reversals by analyzing daily and weekly charts.
Lesson 6: Sharpen your trading analysis and decision-making by integrating cutting-edge analytical tools and techniques.
Lesson 7: How to establish and maintain routine weekly and daily trading practices to ensure consistent performance and continuous improvement.
One of the most helpful parts of this is when Mark brought up some charts that failed after he bought them, and how he dealt with them.
100%
This guy just comes out from retirement in a contest and just dominates again.
4 sliders - what you buy, when you buy, how much you buy, when you sell - only things you have control over
Timestamps
0:00 Introductions
0:50 The 2021 US Investing Championship
3:30 Mindset Secrets
5:00 Mark's Weekend Routine
7:16 Fundamentals to Focus on
9:45 Mark's Daily Routine
14:35 Trading Aggressively for the USIC
14:56 Mark's Risk Management
16:55 Short Term Trading versus Longer Term Trading
17:18 Marks Average Gain, Average Loss and Batting Average
19:00 How Mark Buys a position
20:47 Focusing on Low Drawdowns, Improving your Worst Case Scenario
23:20 Low Float Names versus Institutional Quality
25:16 Chart Analysis - Finding a Buy Point GS Squat and Reversal Recovery
25:57 SCHW Trade Review
28:30 What Timeframes does Mark execute on?
29:00 Managing Risk using Stop Losses
31:08 PYPL Trade Review
32:00 NUE Trade Review
32:44 PAG Trade Review
33:40 Finding a Buy Point- PAG
34:35 Mental Checklist before Mark Buys
35:40 CFLT Trade Review
37:20 How tight should the last contraction be on the right side?
38:50 BURL Trade Review - Stopped out
40:23 ATVI Trade Review
42:20 Violations, Abnormal Action
42:40 ZLAB Trade Review
43:20 SNAP Trade Review
44:20 Knowing your Average Gain is key
46:11 Progressive Exposure
51:30 How Mark buys after a correction
52:20 Advice for traders who want to achieve Super-performance
54:40 Become a Specialist
I could listen to Mark ramble for hours. This is so helpful!! Thank you very much for the content you provide.
Richard always asks the questions in the back of all of our minds! What an awesome interview, going to watch this a few times over!
Awesome thanks Alex!
Richard is indeed a very pro host.
Richard bro, you are doing great service to all traderkind!!!! Excellent interview...no interruptions...minimal & to the point, precise questions...Thanks a ton!!🙏
I appreciate that! Thanks Sandeep!
Hello are is your Trading going so far
Loved the way he explained VIOLATIONS in a perfect setup and help us interpret the change in trend!
This was a great interview, Richard! You have great guests and awesome questions. Thank you!
The beauty of Marks talks is that he talks about highly technical stuff presented in a very common sensical manner. Buy his books.
Great interview thank you! I was very surprised that he never uses intraday charts to snipe an entry. I guess he gets a sense for the action just from the daily after forty years of experience.
Great interview! Thank you so much
This channel is really something special and a great resource! Richard, you do an awesome job interviewing and ask great questions. Thank you for sharing!
Much appreciated! Thanks Josh!
Great interview as always! Love how Mark explained and showed not only winners, but losing trades too 👍
Glad you enjoyed it!
Thanks mark for sharing knowledge.. Richard your style of interview is marvellous. You are very calm and your video fully focused on the objective...no distractions .. your vision for tour channel is really great
Wow, thank you!
Great interview, Richard! I've learned so much watching your interview with Mark and everyone you invited to your channel! keep up the great work!
Awesome, thank you!
It's mark minervini
Explaining charts
Waiting for this video for very long period of time
Great interview, a lot of learnings, Mark is just an amazing guy! Thanks Richard!
Thanks Richard for this one too ! you are a great interviewer ! You never interrupt the speaker and listen very patiently ! Keep up the good work buddy :)
Thanks!
Ham to aapke hi bahut bade fan hai Harneet sir ji... I always read your thread on Twitter.. god bless u sir ji..
@@rajatrastogi9234 thanks ji 🙂🙏
Thank you so much for this great interview ! You are both doing a fantastic job ; keep on doing guys
Our pleasure!
This was an incredible interview! Mark is an inspiration.
Richard, thank you for digging into the details. You asked fantastic questions and Mark's answers were real eye openers.
Glad you enjoyed it!
I'm a simple man, when Mark speaks, I always listen! Great Interview
Glad you enjoyed it!
I feel it's Diwali gift to Indian traders...thank you Richard and mark..... a lot of new learning on violation examples and entry setups...with mark recent trades.....
Thank you Richard & Mark. Crisp and clear!
Our pleasure!
OMG I can’t believe he used NUE and PYPL as his examples. Ive been riding the NUE waves all year! Thank you so much for this interview!! All the confirmation I needed to know I’ve been in tune with the vets
Such a good material to learn from. Thx Richard!!
Glad it was helpful!
A diwali gift for y'all guys.
✨💫
Great content thank you Mark!!!! And very pro quality production and interview Richard!
Thank you!
Awesome video. Thanks Richard.
fantastic , first David Ryan now Mark Minervini, two just fantastic videos, well worth rewatching, don't know how your going to top this! Great work as always!
Glad you enjoyed it
Richard, please interview legend Dan zanger in your show.
great interview with Mark, really enjoy it. one question i would love to ask mark is what he thinks about the head and shoulder bottom pattern, i know when this pattern happens, the stock is sort of in the middle of a down trend but i think its quite a powerful reversal indicator
I seldom see Mark interview online these days. Thanks for the interview and glad to be able to watch how he explain trading in real time. Great work.
And yes, Richard, your questions are great!
Thanks Jimmy! We're glad you found this useful!
Big thanks to you two, you really helped me a lot with this video!
Best wishes and greetings from Germany. :)
Our pleasure!
Thank you Richard for this Interview, can't wait to see it :)
My pleasure!
Thank you Richard for asking the right questions!👌👍 Great interview!
Our pleasure!
Thx again Richard, best podcaster in this business....... Mark's books are awesome must reads.
Thanks!!
Great interview!!! Good job Richard. No interruptions no bs...👍👍👍👍
Thanks Robert!
You're an excellent interviewer mate, have recently found your channel and massive kudos to you and what you're doing. Thanks so much.
Much appreciated!
Richard great job with this. I've seen many people interview Mark and attempt to get the most valuable information possible from him.. you achieved that in great detail with great poise and class. I'm now a subscriber. Great job.
Welcome to the channel Dave! Glad to have you!
Wow! Thanks Richard and Mark for this. This is one of the best interview! You can not imagine how helpful this is for me. Simple concept i know and read different time. But put in context, with charts, and the way Mark you explained them in this video, unlock many confusion or clarify some ambiguity. Will listen to it again and again. Richard you asked exactly the questions i had!!
Thanks!
Richard, Great as always. If can sum up in a setence or two, what did you see in Marks success that caused you to take his workshop vs others?
Great video showing 2 men on top of their game, Mark as one of very best traders, Richard...interviewing, trading, teaching on Fintwit... excellent, thanks to TraderLion for providing such a gem.
Glad you enjoyed it!
Thank you Mark for the great nuggets & thank you Richard for bringing him in & sailing through a wonderful podcast..
@Richard.. What's the average & max position size Mark usually takes & what's the average-max risk/trade & open risk for the portfolio/avrg-max DD on the portfolio..
Awesome discussion that was enlightening
Thanks Mark for your insight n Richard for ur great questions
Glad you enjoyed it
You did a great job. Just learning about Mark now. He came up in my Twitter feed. Bought one of his books. Making my way through it now.
I don’t think I classify myself as a trader but I think I should learn from one of the greats before I set that rule in stone. Again, great interview.
Awesome! Thank you!
Nice work, Richard. Really helped to understand Mark's thought process.
Thanks for watching!
great video man, your work is really helpful for so many people. I am extremely thankful for yours and marks work and time
Happy to help!
Really, really great questions on this one! Great job 👏🏻
Thanks so much!
Fantastic interview! I’ve been trading a very similar trading strategy for a while & the pattern formations (paired w/ fundamentals) are timeless, very glad you asked about how to manage risk/exposure during the overall market indexes, price action is everything in individual stocks. (great example of the semiconductors performing well in contrast to current market conditions) as the best say, it’s all about listening to the Market (a broad term but traders understand)
Edit: a fantastic interviewer also!! Thank you for everything
Good to hear Robbie, thanks for watching!
This interview is truly amazing, awesome, and astonishing!
Thanks for watching!
Worth to watch over few times. 👍🏻👍🏻👍🏻
Thanks for these great videos, Richard. Your content is excellent
Thanks!
Awesome and great stuff Richard, as always 🙌👏🏻
Thanks!
Excellent interview Richard. Love to see Mark back on your show.
Thank you!
OMG! Mark Minervini this guy is my Master and a superhero for me. Your book mindset secrets for winning its a gem. Thank you very much Richard !
My pleasure!
Great interview and insight from Mark Minervini.
He was great as always!
That's my mentor, so proud to be an MPA member learning from Mark...
Awesome
Awesome interview!!! best coach for best practices!!!
Glad you think so!
Great interview!!! Thank you! 👍🏼
Our pleasure!
Mark is great. 43:15 is most important piece of the interview, "What's important is YOUR average gain"
That’s was a great point
Liked his last advice. It takes time at the start, dream big, but dont expect to be like Mark on your first 3 years. Got it!
Definitely!
Awesome Interview. Excellent questions and Excellent Answers.
Thanks Amit!
respect those stops. Got it!
The amazing channel gave me a glimpse of the brilliant investment dialogue between the masters MM and Moglen. Thank you
Glad you enjoyed it!
It really helped a lot Richard. Heartily Grateful. Could you please share your idea on " a good percentage return on the basis of holding days?" I mean is there any way that we would know the optimum percentage gain for a given period of time?
Amazing questions, nice work
Thanks for watching!
Great interview!
He mentioned that MTP will last 7 days, but from the schedule I received it's 5 days. Does anyone knows how many days it will be?
2:10 worked backward from profits achieved, to arrive at risk. Quicker profits and smaller losses, 38:15 day count after breakout, 43:15 - avg gain is what you are searching for, work stop loss backwards
Really great interview. Richard asked interesting questions and Mark really took the time to answer them in detail. I definitely learned a lot! :)
Glad you enjoyed it!
Genious, so much wisdom in this interview. Took a bunch of notes. Thanks Mark and Richard
Glad you enjoyed it!
Richard, thank you for creating this channel and all the interviews. I started trading a few months before the market dropped lower in January. I planned to learn on small amounts for the top stocks, as the market was in a stable uptrend. Watching these videos and appreciating TA, and the traders mindset has really been a eureka 'lightbulb' moment. Thank you very much to you and everyone involved!
Thanks Jansey and keep at it!
Simply awesome 🙌 ❤❤❤ Priceless pointers 🙏🙏🙏🙏
Glad it was helpful!
Amazing inverview. Keep the good work.
Much appreciated!
Epic interview from an epic trader, love his books
Yes!
Thanks for the excellent interview
Glad you enjoyed it!
Amazing Interview As always!
Glad you enjoyed it!
Sir Mark, Please Share Your Trade book. Just Dates of buying and Selling. It will be the greatest knowledge for us.
THE BEST TRADING INFORMATION ANYONE HAS EVER GIVEN FOR FREE. Hands down.
Thank you!
Richard, I cant thank you enough for the content you put out. Your podcast is incredible.
Thank you!!
Great interview with great questions!!
Thanks!
Richard made very good interview with MM. Wealth to review again and again. Having good example of success setup and unsuccess setup. That's different with most investor.
Nice interview.. appreciated.. thx
Thanks!
Mark Minervini won the Championship 2021..
Great learning video.
Thank you Richard Moglen
Our pleasure!
36th minute is golden in my opinion
Amazing interview Richard 👍
Thanks!
the master gave a lot in this interview
Yes!
Another great video. Like others said I benefited from learning how Mark handled the stock setups that failed.
Thanks for watching!
51:30 I'm glad you asked this question. It really reflects the unrealistic expectations that new traders have. I'm glad Mark told the hard truth. It's very insulting to even think you can pull pro returns when the statistics is readily publicized that 95% of traders fail. Try beating that first before even thinking about Mark's returns.
Absolutely, my question was more about how new traders can get on the right track to reaching super-performance. It takes years and years of dedication to work towards Mark's Level
Excellent interview Richard! So much free knowledge 🤑
Glad it was helpful!
Solid interview, however, whoever can come up with an APP in which you simply:
1# Enter your stock symbol
2# Enter wether you're day/swing/ or long term trading it
3# It then gives you the current support ( Entry Price and Resistant Price Exit)
Also, batching in seems to be one of the most important elements from watching hundreds of videos over the past 2-years....
Example: If my budget for AMZN is $1K I would go in $300/$300/$400
Hi Richard, I'm just wonder if you know if the stock only has to meet his Trend Template for it to be considered when its in its uptrend to make his watch list or even the day he wants to take the trade and some of the moving averages have flattened out and have crossed making it so that they no longer are stacked that it has to pass the trend template? Thx.
Thank you richard and Mark minervini sir
Our pleasure!
best video of the year !!
Thanks!
"you have to put in the time, you have to put in the time"
Thanks bro!
You bet!
When will MTP 2021 participants receive pdfs and links to the workshop?
Richard is the best interviewer! Great work!
Thanks Jon!
This is awesome well done guys!
Thanks Greg!
I hope you all enjoy! Let us know your favorite quote from Mark in this interview!
kicking ass and taking names!
Always improve your worst case scenario.
7:37 earnings sales and margin. (people that laughed last month on him did not understand how his templates and chart reading inhuman abilities can be so powerful that do not need to focus on the N of can slim) His two books spectacular
I love "excuse me...you are breaking up"