Friday, December 23, 2022

33,554% Return over 5 years | Trade Like a Stock Market Wizard | Interview with Mark Minervini

Welcome back to the Market Chat! In this episode, we have a very special guest: Mark Minervini.

Mark has had a large influence on my trading journey. Two of his books; Think and Trade like a Champion and Trade Like a Stock Market Wizard are in my top 5 and I've gotten the chance to learn from him directly at IBD meetups and his Master Trader Program in 2020.

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 his background, how he became the trader he is today, the Volatility Contraction Pattern, Determining Pivot Points, How to set and manage Stop Losses, When to sell or take partial profits, and finally risk management.

We also spend the latter half of the interview going through some charts and discussing how Mark interprets Price Action and makes decisions.

Connect with Mark
https://twitter.com/markminervini
https://minervini.com/

Marks books + Features -- HIGHLY Recommended --

Trade Like a Stock Market Wizard: https://amzn.to/3sQmo0n
Think and Trade Like a Champion: https://amzn.to/32Mwnt2
Mindset Secrets for Success: https://amzn.to/3ew1bmZ
Momentum Masters: https://amzn.to/3xk2uy6
Market Wizards- Jack Schwager -https://amzn.to/3sO7g3p

Other Books Mentioned
How to Trade in Stocks Jesse Livermore https://amzn.to/3vcNjoo
How To Make Money In Stocks O'Neil https://amzn.to/3aC3t35

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