Mark Minervini's Threads | Buzz Chronicles

Not every trade works out for me. Far from it! I lose half the time. But EVERY trade is a good play at the time, because my risk is always a fraction of my likely reward. And that's the secret... I always get odds on my money. In trading, that's the definition of a "good choice."

In any performance business the bottom line is winning, hitting the goal, getting the job done. Winners do what they have to do to win. Losers make excuses why they didn't perform. A way to win and a way to lose ALWAYS exists. It's a matter of the quality of the choices we make. pic.twitter.com/RXvu4o4FBC
— Mark Minervini (@markminervini) April 15, 2021

Mark Minervini
@markminervini

Key attributes of my trading this year:
1. Concentrated positions
2. Selective use of Leverage
3. High turnover
4. Super tight risk control
5. Selling into strength
6. Big positions almost exclusively directional
7. De-risking trades and free rolling often

JUST RELEASED - April U.S. Investing Championship results YTD - https://t.co/mN2Kl28gqh
— Mark Minervini (@markminervini) May 19, 2021

Mark Minervini
@markminervini

When you stop being angry because things didn’t work out as planned and you embrace the process, you begin to see the lessons and the path to success. Then you are empowered! Everything is valuable because everything is a teacher. Accepting this opens the door to possibility.

Mark Minervini
@markminervini

None of the attributes like discipline, persistence, consistency or hard work are going to do you any good if you are all over the place and haven't first defined your style and committed to mastering it at the expense of being a mediocre jack-of-all trades. #avoidstyledrift.

The word is sacrifice. You are not going to be the best at day trading, swing, value and growth investing. It will be amazing if you can master just one. And you only need one. So pick one and sacrifice the rest! There is no other way unless you want to suck at a bunch of things. https://t.co/QVI68eaNHQ
— Mark Minervini (@markminervini) April 14, 2021

Mark Minervini
@markminervini

What's your dream! Have you written it down? Do you have a plan for achieving it? Do you regularly spend time visualizing yourself achieving it? What have you done yesterday and what are you doing today to move yourself closer to it?

Mark Minervini
@markminervini

I grew up poor; I value a dollar. Once I get a decent profit, I don't give it back. That's one of my success "secrets." Never let a good size gain turn into a loss. I've never met a highly success trader that routinely allows gains to turn into losses.

Mark Minervini
@markminervini

Compounding is amazing. Just 3 months into the year I'm having one of my best returns. That's because instead of arguing with the market, I made an adjustment and took what it was offering, and that allowed for rapid turnover that can add up pretty fast if you are concentrated.

Short term trading is what has worked best in this market. Until I see an alternative working better, I'm going to stick what is working like a charm.
— Mark Minervini (@markminervini) April 14, 2021

Mark Minervini
@markminervini

At some point the market makes everyone feel like a genius. That's the seduction and the trap! You eventually get rewarded for breaking a rule, and then you’ll break more rules; then the blowup! In the end, nothing more to show but a thrill ride. There's no longevity in luck.

Mark Minervini
@markminervini

Here's some trading rules to increase your returns and lower your risk. These are the very rules I use every day. Try it and get back to me.

Mark Minervini
@markminervini

The majority of your problems will come from these mistakes...

Mark Minervini
@markminervini

Discipline is the hallmark of greatness. Be patient. Wait for your pitch. Learn how to exercise what I call Sit Out Power. If there is nothing that meets your criteria... do nothing!

Mark Minervini
@markminervini

Make no mistake, CONSISTENT big returns require:
1. Concentrated positions
2. High turnover
3. Small losses
4. Nailing down decent profits into strength
5. Never letting good size gains turn into losses
6. Defending breaking
7. Maintaining a positive reward/risk relationship

#6 should read "defending breakeven point"

Mark Minervini
@markminervini

The most important factor for becoming a great stock trader in not learning how a great trader trades... but how that person thinks. Because where the mind goes, everything else follows. My deepest study of great performers has been rooted in the study of mindset.

Mark Minervini
@markminervini

This is the type of market that I let others fight for hard pennies while I patiently wait for easy dollars; waiting, stalking and then when the time is right... I POUNCE!!

Mark Minervini
@markminervini

I make mistakes all the time. But what's important and key is I avoid the big mistakes. And when I'm wrong, I don't stay wrong for long. Flexibility or the willingness to admit you've made a mistake and correct it is how you stay in the game and succeed for as long as I have.

Mark Minervini
@markminervini

When you make a real commitment, you know that a successful outcome will only materialize as a result of executing the proper steps. You commit to a process—and you embrace the journey. To become a great trader you MUST get your attention off the money and on process.

Mark Minervini
@markminervini

4 keys to my success:
1. I wait for easy dollars while the amateurs fight for hard pennies.
2. I get aggressive when amateurs doubt the setups.
3. I take profits when amateurs get greedy and hysterical.
4. I religiously manage my risk while amateurs hold losers.

Mark Minervini
@markminervini

I dedicated 37 years to learning and perfecting the craft of stock trading. If there was a way around risk management, I probably would have found it. PhDs, Nobel prize winners and geniuses haven't been able to do it. Your losses must be managed smaller than your gains.. period.

Mark Minervini
@markminervini

Ask yourself, “What would my perfect day look like?” Live through that day in your mind, experiencing everything in vivid detail. Allow yourself to live in a new future, to the extent that your subconscious can really “experience” it in the present moment.

Mark Minervini
@markminervini

Oil, copper and other commodities came under heavy selling pressure today and that's a good thing because it's mounting evidence that inflation may be peaking.

Positive signs on inflation include fertilizer prices peaking and trending downward. Used Car prices are also down (which led inflation). The recent price break on the $XLE - which emerged almost to the day the market topped, could be an indication that we are close to a low. pic.twitter.com/2MtcKjjmAz
— Mark Minervini (@markminervini) June 23, 2022

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