Stock trading tips, strategies from lengendary investor Mark Minervini - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Mark Minervini raked in a 33,554% return over 5 years using a simple stock-trading strategy. Here are his 7 secrets to 'super performance.'

volatility contraction pattern

Also, by no means is Minervini saying that these methods will work every time. The idea is to stack the probabilities in your favor."I want to have lots of profits, make lots of money, and pay lots of taxes," he said. "Taxes are good. It means you're profiting.""It's a very ignominious way of thinking," he said. "When you start thinking about taxes and those types of things, you're really thinking very small and you're missing the big picture.

By doing so, Minervini is "pyramiding" on his success. In short, he's trading with the majority of his capital when things are working best and vice-versa. He'll scale out of the market when things work against him. Minervini says that protecting breakeven is inherently difficult and takes time to learn. In short, it's giving the stock enough room to fluctuate so you're not stopped out immediately, but also being able to discern between normal and irregular pricing action.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Youtube is FREE 😀 8 Keys to Superperformance with Mark Minervini and David Ryan via YouTube

Click bait

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Net City, Tencent's 320-acre futuristic neighborhood in China - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Please don’t do this US should game up their infra they gotta stop aiding other countries and start aiding themselves. IMO
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock picks in ESG: Top fund manager shares winning investing strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Once bitten, not shy: Investors again seek margin loans as stocks rallyGlobal banks are seeing renewed appetite from wealth management clients to borrow money to buy stocks as markets rebound, bankers said, which comes just months after the strategy burned some investors. waiting for the 2nd crash, plz buy stocks guys. ChristineEliaz Like rats fleeing a quarantined port for the promise of a new conquest. Those that forget History are usually very greedy.
Source: Reuters - 🏆 2. / 97 Read more »

Retail investors buying beaten-up stocks make for some bizarre trading daysInterest in stay-at-home stocks have reached new heights in the last few days, fueled in part by hopes for a dramatic rebound in the economy. Just stick with the original history of the company and look back for 15 to 20 times earnings Push JC Penny jcp Just wait until it bursts. That's next. I wouldn't be anywhere close to the market. Far more money and greater returns made elsewhere without the sizable risk of the market collapsing.
Source: CNBC - 🏆 12. / 72 Read more »

Real estate investment strategy for passive income: Kyle Marcotte - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Just another person ruining housing prices on the low end You mean, a white guy made money on land once occupied by Native Americans? What an achievement! (for a colonizer).
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider's best investing stories of the week ended June 9 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Where is KimJongUn NorthKorea supreme leader Kim Jong un IS THE DICTATOR DEAD
Source: BusinessInsider - 🏆 729. / 51 Read more »