Out of all the techniques and skills you need to learn to trade super successfully, top of the list is the patience and discipline to sit out and wait for proper conditions to develop. Then just the opposite; the willingness to put the pedal to floor when conditions are right.
More from Mark Minervini
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.
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