https://t.co/yse9uqZdwD
Some important quotes by Jesse Livermore... pic.twitter.com/UklL86oTvb
— Mark Minervini (@markminervini) June 16, 2021
The most successful stock trader from America & the winner of all the trading competitions he competes in.
20 Powerful tweets to learn from @markminervini
A 🧵thread...
https://t.co/yse9uqZdwD
https://t.co/liy05R0NT6
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
https://t.co/G0EIHkGONN
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
https://t.co/xpCSSihb1g
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
https://t.co/3QWN7wasjH
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
https://t.co/VrEvxvaUk2
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.
https://t.co/wQ4rh0B1EP
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
https://t.co/HkgcYlwYHq
— Mark Minervini (@markminervini) June 9, 2021
https://t.co/Uiosf12cBt
The grand majority of your problems trading will stem from breaking the following rules... pic.twitter.com/EVek8G6hDZ
— Mark Minervini (@markminervini) May 26, 2021
https://t.co/HnIRMQbCv6
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
https://t.co/QWyWyWaqXY
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.
https://t.co/0CsPixTKyY
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
https://t.co/sesyO8IFsC
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
https://t.co/Jvmp5kKP0i
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
https://t.co/YuN2JKl8Ps
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
https://t.co/w5O7g0EvQb
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
https://t.co/IS4oiijYet
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
https://t.co/BGCK6dejDA
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
https://t.co/0Pvg5cnAuh
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
https://t.co/X9rPGAUwSe
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
All top traders read his books and keep re-reading them. Absorb all the information you can from him.
He's also on Twitter. @markminervini
Hope you liked this compilation. 😁
More from Aditya Todmal
DJ SIR THREAD
Great video with points helpful for beginners.
Made 4 threads on DJ Sir with the help of @niki_poojary
1. Selecting strikes to trade in with risk management.
2. How he took some aggressive trades.
3. Multiple charts analysis for intraday trading.
4. Trade Setup
Attaching all threads made on DJ Sir. After watching the video you can refer to this tweet for notes about his strategy and learn a few other ideas.
Compiling these together for easy access to his knowledge.
1. Selecting strikes and risk
2. Going aggressive with help of data and
3. Intraday
Great video with points helpful for beginners.
Made 4 threads on DJ Sir with the help of @niki_poojary
1. Selecting strikes to trade in with risk management.
2. How he took some aggressive trades.
3. Multiple charts analysis for intraday trading.
4. Trade Setup
https://t.co/Ngoc5bh906 Thank Mahek bhai for making this video basis my set up which i have been following since past 2 yr I\u2019m not promoting this software, neither I 'll gain any referral if anyone subscribes for this software ,Purpose is to share help fellow traders!\U0001f60a
— itrade(DJ) (@ITRADE191) September 5, 2021
Attaching all threads made on DJ Sir. After watching the video you can refer to this tweet for notes about his strategy and learn a few other ideas.
Compiling these together for easy access to his knowledge.
1. Selecting strikes and risk
5. A THREAD on . . . .
— Aditya Todmal (@AdityaTodmal) July 11, 2021
How @ITRADE191 selects strikes to trade in and how he follows risk management.
Short thread explained via pictures with the help of @niki_poojary.https://t.co/YiYYaIReNS
2. Going aggressive with help of data and
6. Thread on how @ITRADE191 made 3 lakhs in 2 days.
— Aditya Todmal (@AdityaTodmal) July 11, 2021
You will need:
1. Pivots
2. Vwap
3. PDL/PDH (Previous day high/low)
4. Advance/Decline Ratio.https://t.co/o9tLOaLpEh
3. Intraday
7. DJ @ITRADE191 multiple chart analysis for INTRADAY TRADING.
— Aditya Todmal (@AdityaTodmal) July 11, 2021
1. Core setup
2. Pivot points trades
3. PDH/PDL trades
4. Open interest addictions combined with rejections on charts.
5. Website to confirm biashttps://t.co/qZQCWOSisa
More from Markminervinilearnings
You May Also Like
1/ Some initial thoughts on personal moats:
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
I'm increasingly interested in the idea of "personal moats" in the context of careers.
— Erik Torenberg (@eriktorenberg) November 22, 2018
Moats should be:
- Hard to learn and hard to do (but perhaps easier for you)
- Skills that are rare and valuable
- Legible
- Compounding over time
- Unique to your own talents & interests https://t.co/bB3k1YcH5b
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
People talk about \u201cpassive income\u201d a lot but not about \u201cpassive social capital\u201d or \u201cpassive networking\u201d or \u201cpassive knowledge gaining\u201d but that\u2019s what you can architect if you have a thing and it grows over time without intensive constant effort to sustain it
— Andrew Chen (@andrewchen) November 22, 2018
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
Things that look like moats but likely aren\u2019t or may fade:
— Erik Torenberg (@eriktorenberg) November 22, 2018
- Proprietary networks
- Being something other than one of the best at any tournament style-game
- Many "awards"
- Twitter followers or general reach without "respect"
- Anything that depends on information asymmetry https://t.co/abjxesVIh9
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.
