Stay in your own lane and perfect what you know. Realize that every strategy has strengths and weaknesses; there is no perfect strategy. But once you know all the pros and cons you can perfectly execute your strategy... and that's the goal.
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
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
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
More from Markminervinilearnings
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
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