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.
More from Mark Minervini
What is the single unavoidable thing you must do to be the best or great at one thing? One word?
— Mark Minervini (@markminervini) April 14, 2021
More from Markminervinilearnings
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
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
20 Powerful tweets to learn from @markminervini
A 🧵thread...
Jesse Livermore
Some important quotes by Jesse Livermore... pic.twitter.com/UklL86oTvb
— Mark Minervini (@markminervini) June 16, 2021
Never let a loss exceed 8% changed his trading game for the
The big turning point in my trading came when I made a decision and vowed to NEVER EVER let a loss exceed 8%. During the next 5 years I averaged 220% per year for a total compounded return of 33,500%. It's been 28 years since and I have never broken that discipline not even once!
— Mark Minervini (@markminervini) April 26, 2021
Key early decisions to make for your trading
A few key decisions early in my trading career and my financial life completely changed for the better in just a few years.
— Mark Minervini (@markminervini) June 13, 2021
1. No big losses
2. No averaging down
3. No chasing extended stocks
4. No giving back decent profits
5. Always get odds on my money
Never listen to
Only losers discourage dreamers. Only those who never achieved big things discourage those attempting to achieve big things. Only those who think small discourage those who think big. Never believe discourages. The have no credibility! Believe winners. Believe in YOU! \U0001f447 pic.twitter.com/JdAhRy3lRJ
— Mark Minervini (@markminervini) June 14, 2021
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