https://t.co/yse9uqZdwD
Some important quotes by Jesse Livermore... pic.twitter.com/UklL86oTvb
— Mark Minervini (@markminervini) June 16, 2021
Some important quotes by Jesse Livermore... pic.twitter.com/UklL86oTvb
— Mark Minervini (@markminervini) June 16, 2021
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
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
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
With so many pops and drops in the market lately... I'm sure many could relate to this... pic.twitter.com/0bQ1WF8zkp
— Mark Minervini (@markminervini) May 6, 2021
My top trading rules...
— Mark Minervini (@markminervini) July 5, 2021
1. Cut all losses short.
2. Never average down on a loss.
3. Only get aggressive when my trades are working.
4. Never let a good size gain turn into a loss.
5. Always get odds on your money.
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. pic.twitter.com/UNVqyX17AP
— Mark Minervini (@markminervini) June 21, 2021
— Mark Minervini (@markminervini) June 9, 2021
The grand majority of your problems trading will stem from breaking the following rules... pic.twitter.com/EVek8G6hDZ
— Mark Minervini (@markminervini) May 26, 2021
You gain 100% and lose 50% 10 times, you break even. You gain 10% and lose 5% 10 times, you make 71.64%. The key to big returns is optimal math, not the biggest wins. pic.twitter.com/FShPKSI5d2
— Mark Minervini (@markminervini) April 29, 2021
Some important advice and keys to my success:
— Mark Minervini (@markminervini) August 26, 2021
1. Don't force trades - wait for proper stocks setups. How long? As long as it takes!
2. Only buy in the direction of the trade.
3. Only get aggressive when trades are working well; scale back when their not.
5. Never add to losers.
4 keys to my success:
— Mark Minervini (@markminervini) May 12, 2021
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. pic.twitter.com/ArLX8pfvZH
Stock trading is a business, not a get rich quick scheme. Most get into trading thinking it's easier than it is. Becoming a highly successful trader requires a real commitment to learning just as if you were going to school to become a doctor or lawyer. Be patient with yourself.
— Mark Minervini (@markminervini) May 21, 2021
This formula is so important and so powerful, I Tweet it regularly. It is literally what I attribute my success to in all aspects of my life. A timeless and universal process. pic.twitter.com/XIkHSrGWDr
— Mark Minervini (@markminervini) August 30, 2021
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) May 23, 2021
Let's assume you make 200% on your money over 4 years during a bull market (a respectable 32% per per year). In year 5 you fail to avoid a bear market decline and you give back 50%. Your 5-year return is now just a little over 8% per year. Not even worth taking stock risk. pic.twitter.com/XaYx31xeYG
— Mark Minervini (@markminervini) September 15, 2021
I have a basic rule of thumb... when someone makes $millions more than me... I shut up and listen. Call me crazy. \U0001f92a But that's how I learned to be one of the ones making the millions. \U0001f60e
— Mark Minervini (@markminervini) July 20, 2021
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) July 5, 2021
I love when breakouts don't work for a while and the crowd starts saying buying breakouts is a strategy of the past and they give up on it. It eliminates the noise and then it works like a charm. Been doing the same thing successfully for more than 3 decades. How? Discipline! pic.twitter.com/9WwIolOzEM
— Mark Minervini (@markminervini) June 15, 2021
One of the big misconceptions in sports, business, trading and in life... is that practice makes perfect. Wrong! Practice makes habit. If you are practicing incorrectly... practice will just engrain bad habits. Only perfect practice makes perfect.
— Mark Minervini (@markminervini) July 21, 2021
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0
A thread about STBT options selling,
— Jig's Patel (@jigspatel1988) July 17, 2021
The purpose is simple to capture overnight theta decay,
Generally, ppl sell ATM straddle with hedge or sell naked options,
But I am using Today\u2019s price action for selling options in STBT,
(1/n)
Thread on
— Jig's Patel (@jigspatel1988) July 4, 2021
"Intraday Banknifty Strangle based on OI data"
(System already shared, today just share few examples)
(1/n)
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
(1/n)
Screeners helps trader in saving lot of time in filtering best stocks out of 5000+ stocks listed.
— Yash Mehta (@YMehta_) October 28, 2022
Here is the list of top 10 Free Candlestick Pattern based screeners that I use:
Also, last two screeners are my favorite to pick early momentum stocks.
Screeners helps trader in saving lot of time in filtering best stocks out of 1000+ stocks listed.
— Yash Mehta (@YMehta_) September 16, 2022
Here is the list of top 9 Free Price Action based screeners that I use:
Also, last screener is my favorite to pick early momentum stocks.
Screeners helps trader in saving lot of time in filtering best stocks out of 5000+ listed stocks.
— Yash Mehta (@YMehta_) December 9, 2022
Here is the list of top 7 Free Strategy and its respective screeners that I use:
Also, last screener is my favorite to pick early momentum stocks.
There are so many investment strategies, still hardly anyone creates long term wealth in stocks.
— Yash Mehta (@YMehta_) November 25, 2022
Sharing 4 Investment Strategies based on Technical Analysis and Screeners for free (sold as a \u20b9 50,000 course!).
Shared a bonus trading strategy at the end.
A thread \U0001f9f5:
I don't know shit about 99% of the stock trading strategies out there... but I know everything about my strategy. And that's all I need to know. I realized long ago, you can't be good at everything. I'm an expert because I chose to specialize. pic.twitter.com/uG7gWwhsjs
— Mark Minervini (@markminervini) March 28, 2021