How Trade Like a Stock Market Wizard | Interview with Mark Minervini

Update: 2021-07-27

Description

Check out Leadership Blueprints: https://www.traderlion.com/leadership-blueprints/

Welcome back to the Market Chat! In this episode, we have a very special guest: Mark Minervini. Mark has had a large influence on my trading journey. Two of his books; Think and Trade like a Champion and Trade Like a Stock Market Wizard are in my top 5 and I've gotten the chance to learn from him directly at IBD meetups and his Master Trader Program in 2020. Over his career Mark has achieved incredible performance including a 5 and a half year period where he achieved an average annual return of 220% for a total of 33,554% Return over 5 years,

In this interview, we cover his background, how he became the trader he is today, the Volatility Contraction Pattern, Determining Pivot Points, How to set and manage Stop Losses, When to sell or take partial profits, and finally risk management. We also spend the latter half of the interview going through some charts and discussing how Mark interprets Price Action and makes decisions.

Video version (with charts) : https://youtu.be/-hBsPtBnZKQ

►Connect with Mark

https://twitter.com/markminervini

https://minervini.com/

►Marks books + Features -- HIGHLY Recommended --

Trade Like a Stock Market Wizard: https://amzn.to/3sQmo0n

Think and Trade Like a Champion: https://amzn.to/32Mwnt2

Mindset Secrets for Success: https://amzn.to/3ew1bmZ

Momentum Masters: https://amzn.to/3xk2uy6

Market Wizards- Jack Schwager -https://amzn.to/3sO7g3p

►Other Books Mentioned

How to Trade in Stocks Jesse Livermore https://amzn.to/3vcNjoo

How To Make Money In Stocks O'Neil https://amzn.to/3aC3t35

Stay in touch

► https://twitter.com/RichardMoglen