277% Gain in 2021 | Interview with Mark Minervini | Market Wizard

[@TraderLion]

📘 Get your FREE 115-page Ultimate Trading Guide! - traderlion.com/YTC-UTG 👇 What you'll learn! -------------------------------------------------------------------------------------------------------------------------------------------------------------- Lesson 1: Build a sturdy trading foundation to overcome the biggest obstacles holding you back. Lesson 2: Master 3 powerful trading setups to adapt and thrive in various market conditions. Lesson 3: Efficiently screen and find top-performing stocks with strong momentum and high growth potential. Lesson 4: Establish a streamlined risk management strategy using stop losses, position sizing, and portfolio heat analysis. Lesson 5: Optimize selling decisions by identifying late-stage bases or key trend reversals by analyzing daily and weekly charts. Lesson 6: Sharpen your trading analysis and decision-making by integrating cutting-edge analytical tools and techniques. Lesson 7: How to establish and maintain routine weekly and daily trading practices to ensure consistent performance and continuous improvement.

[@blade816]

One of the most helpful parts of this is when Mark brought up some charts that failed after he bought them, and how he dealt with them.

[@TraderLion]

100%

[@TraderLion]

Timestamps 0:00 Introductions 0:50 The 2021 US Investing Championship 3:30 Mindset Secrets 5:00 Mark's Weekend Routine 7:16 Fundamentals to Focus on 9:45 Mark's Daily Routine 14:35 Trading Aggressively for the USIC 14:56 Mark's Risk Management 16:55 Short Term Trading versus Longer Term Trading 17:18 Marks Average Gain, Average Loss and Batting Average 19:00 How Mark Buys a position 20:47 Focusing on Low Drawdowns, Improving your Worst Case Scenario 23:20 Low Float Names versus Institutional Quality 25:16 Chart Analysis - Finding a Buy Point GS Squat and Reversal Recovery 25:57 SCHW Trade Review 28:30 What Timeframes does Mark execute on? 29:00 Managing Risk using Stop Losses 31:08 PYPL Trade Review 32:00 NUE Trade Review 32:44 PAG Trade Review 33:40 Finding a Buy Point- PAG 34:35 Mental Checklist before Mark Buys 35:40 CFLT Trade Review 37:20 How tight should the last contraction be on the right side? 38:50 BURL Trade Review - Stopped out 40:23 ATVI Trade Review 42:20 Violations, Abnormal Action 42:40 ZLAB Trade Review 43:20 SNAP Trade Review 44:20 Knowing your Average Gain is key 46:11 Progressive Exposure 51:30 How Mark buys after a correction 52:20 Advice for traders who want to achieve Super-performance 54:40 Become a Specialist

[@sky_hi_trading]

4 sliders - what you buy, when you buy, how much you buy, when you sell - only things you have control over

[@okey9904]

Nice, that’s true

[@Sollenius]

Richard always asks the questions in the back of all of our minds! What an awesome interview, going to watch this a few times over!

[@TraderLion]

Awesome thanks Alex!

[@TTTTTTTTTTTTTTTT.]

Richard is indeed a very pro host.

[@HarneetSinghKharbanda]

Thanks Richard for this one too ! you are a great interviewer ! You never interrupt the speaker and listen very patiently ! Keep up the good work buddy :)

[@TraderLion]

Thanks!

[@rajatrastogi9234]

Ham to aapke hi bahut bade fan hai Harneet sir ji... I always read your thread on Twitter.. god bless u sir ji..

[@HarneetSinghKharbanda]

@@rajatrastogi9234 thanks ji 🙂🙏

[@jimgroninger4001]

fantastic , first David Ryan now Mark Minervini, two just fantastic videos, well worth rewatching, don't know how your going to top this! Great work as always!

[@TraderLion]

Glad you enjoyed it

[@BalaKrishnan-uy8ph]

Richard, please interview legend Dan zanger in your show.

[@kingisa00]

I'm a simple man, when Mark speaks, I always listen! Great Interview

[@TraderLion]

Glad you enjoyed it!

[@layb2479]

Liked his last advice. It takes time at the start, dream big, but dont expect to be like Mark on your first 3 years. Got it!

[@TraderLion]

Definitely!

[@augiux1987]

Great interview as always! Love how Mark explained and showed not only winners, but losing trades too 👍

[@TraderLion]

Glad you enjoyed it!

[@iTradeAIMS]

The beauty of Marks talks is that he talks about highly technical stuff presented in a very common sensical manner. Buy his books.

[@TraderLion]

I hope you all enjoy! Let us know your favorite quote from Mark in this interview!

[@teslamr7333]

kicking ass and taking names!

[@RandyJohnson777]

Always improve your worst case scenario.

[@trocchiettoski]

7:37 earnings sales and margin. (people that laughed last month on him did not understand how his templates and chart reading inhuman abilities can be so powerful that do not need to focus on the N of can slim) His two books spectacular

[@MarroneRosso]

I love "excuse me...you are breaking up"

[@figgy163]

Great video showing 2 men on top of their game, Mark as one of very best traders, Richard...interviewing, trading, teaching on Fintwit... excellent, thanks to TraderLion for providing such a gem.

[@TraderLion]

Glad you enjoyed it!

[@stormhammerx]

This was an incredible interview! Mark is an inspiration. Richard, thank you for digging into the details. You asked fantastic questions and Mark's answers were real eye openers.

[@TraderLion]

Glad you enjoyed it!

[@alexandrecavalcanti5966]

OMG! Mark Minervini this guy is my Master and a superhero for me. Your book mindset secrets for winning its a gem. Thank you very much Richard !

[@TraderLion]

My pleasure!

[@ucrant]

Richard bro, you are doing great service to all traderkind!!!! Excellent interview...no interruptions...minimal & to the point, precise questions...Thanks a ton!!🙏

[@TraderLion]

I appreciate that! Thanks Sandeep!

[@magnusole5235]

Hello are is your Trading going so far

[@davejacobs7542]

Richard great job with this. I've seen many people interview Mark and attempt to get the most valuable information possible from him.. you achieved that in great detail with great poise and class. I'm now a subscriber. Great job.

[@TraderLion]

Welcome to the channel Dave! Glad to have you!

[@jacksonl2160]

Great interview, Richard! I've learned so much watching your interview with Mark and everyone you invited to your channel! keep up the great work!

[@TraderLion]

Awesome, thank you!

[@marc.laliberte]

Wow! Thanks Richard and Mark for this. This is one of the best interview! You can not imagine how helpful this is for me. Simple concept i know and read different time. But put in context, with charts, and the way Mark you explained them in this video, unlock many confusion or clarify some ambiguity. Will listen to it again and again. Richard you asked exactly the questions i had!!

[@RichardMoglen]

Thanks!

[@ChrisNelson90]

All of Minervini’s content is good but this is the best overall content with him. Well done!

[@TraderLion]

Thanks Chris!

[@nufsed12]

Mark is great. 43:15 is most important piece of the interview, "What's important is YOUR average gain"

[@TraderLion]

That’s was a great point

[@sreenivasuluummadisetty9403]

I feel it's Diwali gift to Indian traders...thank you Richard and mark..... a lot of new learning on violation examples and entry setups...with mark recent trades.....

[@javiboo]

Great interview thank you! I was very surprised that he never uses intraday charts to snipe an entry. I guess he gets a sense for the action just from the daily after forty years of experience.

[@steplaland]

51:30 I'm glad you asked this question. It really reflects the unrealistic expectations that new traders have. I'm glad Mark told the hard truth. It's very insulting to even think you can pull pro returns when the statistics is readily publicized that 95% of traders fail. Try beating that first before even thinking about Mark's returns.

[@TraderLion]

Absolutely, my question was more about how new traders can get on the right track to reaching super-performance. It takes years and years of dedication to work towards Mark's Level

[@jamesrobertjackson]

You did a great job. Just learning about Mark now. He came up in my Twitter feed. Bought one of his books. Making my way through it now. I don’t think I classify myself as a trader but I think I should learn from one of the greats before I set that rule in stone. Again, great interview.

[@TraderLion]

Awesome! Thank you!

[@psinvestments7993]

Thanks mark for sharing knowledge.. Richard your style of interview is marvellous. You are very calm and your video fully focused on the objective...no distractions .. your vision for tour channel is really great

[@TraderLion]

Wow, thank you!

[@LeftSideCapital]

THE BEST TRADING INFORMATION ANYONE HAS EVER GIVEN FOR FREE. Hands down.

[@TraderLion]

Thank you!

[@aadityapokharel3279]

Wow this channel is mind blowing. You r doing an excellent humanitarian work by inviting super people and imparting world class knowledge which are even difficult to find even in Harvard University. This channel is going to be totally versatile 5 -10 years from now. Mark my words. Really grateful to have a channel like this. Love from Nepal🔥🔥❤❤

[@TraderLion]

Thank you for the kind words!

[@MrPink1750]

Richard, I cant thank you enough for the content you put out. Your podcast is incredible.

[@TraderLion]

Thank you!!

[@davidaldridge5716]

This was much much better than I expected. I guess the idea of a “contest” sounded silly to me based on my understanding of traders that partake in trading contests. But this guy is heavier on logic and thought than most people would fully appreciate. Cant really overstate it this was better than I anticipated

[@TraderLion]

glad to hear that David, Mark really knows his stuff

[@CustomLowStanceCars]

Richard is the best interviewer! Great work!

[@TraderLion]

Thanks Jon!

[@kgupta2205]

2:10 worked backward from profits achieved, to arrive at risk. Quicker profits and smaller losses, 38:15 day count after breakout, 43:15 - avg gain is what you are searching for, work stop loss backwards

[@joshmarquardt6909]

This channel is really something special and a great resource! Richard, you do an awesome job interviewing and ask great questions. Thank you for sharing!

[@TraderLion]

Much appreciated! Thanks Josh!

[@stojanovic6609]

Thank you Richard for this Interview, can't wait to see it :)

[@TraderLion]

My pleasure!

[@guptashobhit421]

Loved the way he explained VIOLATIONS in a perfect setup and help us interpret the change in trend!

[@takugi6648]

The amazing channel gave me a glimpse of the brilliant investment dialogue between the masters MM and Moglen. Thank you

[@TraderLion]

Glad you enjoyed it!

[@jimmychu0807]

I seldom see Mark interview online these days. Thanks for the interview and glad to be able to watch how he explain trading in real time. Great work. And yes, Richard, your questions are great!

[@TraderLion]

Thanks Jimmy! We're glad you found this useful!

[@BalaKrishnan-uy8ph]

Excellent interview Richard. Love to see Mark back on your show.

[@TraderLion]

Thank you!

[@ericson4534]

Thank you Richard for asking the right questions!👌👍 Great interview!

[@TraderLion]

Our pleasure!

[@superagario9249]

Really, really great questions on this one! Great job 👏🏻

[@TraderLion]

Thanks so much!

[@Grubbygoober]

Fantastic interview! I’ve been trading a very similar trading strategy for a while & the pattern formations (paired w/ fundamentals) are timeless, very glad you asked about how to manage risk/exposure during the overall market indexes, price action is everything in individual stocks. (great example of the semiconductors performing well in contrast to current market conditions) as the best say, it’s all about listening to the Market (a broad term but traders understand) Edit: a fantastic interviewer also!! Thank you for everything

[@TraderLion]

Good to hear Robbie, thanks for watching!

[@sameerprabhu2573]

Thank you Richard & Mark. Crisp and clear!

[@TraderLion]

Our pleasure!

[@trocchiettoski]

the master gave a lot in this interview

[@TraderLion]

Yes!

[@xinekpo]

Awesome interview!!! best coach for best practices!!!

[@TraderLion]

Glad you think so!

[@marsoll84]

Really great interview. Richard asked interesting questions and Mark really took the time to answer them in detail. I definitely learned a lot! :)

[@TraderLion]

Glad you enjoyed it!

[@littleaarvik]

Sir Mark, Please Share Your Trade book. Just Dates of buying and Selling. It will be the greatest knowledge for us.

[@janseyfarth9489]

Richard, thank you for creating this channel and all the interviews. I started trading a few months before the market dropped lower in January. I planned to learn on small amounts for the top stocks, as the market was in a stable uptrend. Watching these videos and appreciating TA, and the traders mindset has really been a eureka 'lightbulb' moment. Thank you very much to you and everyone involved!

[@TraderLion]

Thanks Jansey and keep at it!

[@rsk_st1294]

Nice work, Richard. Really helped to understand Mark's thought process.

[@TraderLion]

Thanks for watching!

[@te4915]

Thanks for these great videos, Richard. Your content is excellent

[@TraderLion]

Thanks!

[@yarmohammad3289]

risks,risks and risks,that is the key how legend minervini trades

[@74967412369]

Thank you so much for this great interview ! You are both doing a fantastic job ; keep on doing guys

[@TraderLion]

Our pleasure!

[@alexchala7035]

Epic interview from an epic trader, love his books

[@TraderLion]

Yes!

[@lukethompson3155]

You're an excellent interviewer mate, have recently found your channel and massive kudos to you and what you're doing. Thanks so much.

[@TraderLion]

Much appreciated!

[@KenCheung1991622]

Hi, at 40:49, Mark said “time is money”. But livermore said “time is not money”

[@jegor30]

Mark is a genius. Richard, you are a fantastic host. Thank you.

[@TraderLion]

Glad you think so!

[@sp-ye7ht]

Thank you Mark for the great nuggets & thank you Richard for bringing him in & sailing through a wonderful podcast.. @Richard.. What's the average & max position size Mark usually takes & what's the average-max risk/trade & open risk for the portfolio/avrg-max DD on the portfolio..

[@tonynguyen36]

Mark the best of the best. All day

[@TraderLion]

💯

[@ilarivaisanen]

Genious, so much wisdom in this interview. Took a bunch of notes. Thanks Mark and Richard

[@TraderLion]

Glad you enjoyed it!

[@lthlongcd]

"you have to put in the time, you have to put in the time"

[@costam911]

SHARING KNOWLEDGE! I mean whats not to enjoy here?!

[@TraderLion]

100%

[@k.6160]

Great interview with great questions!!

[@TraderLion]

Thanks!

[@mgrn135]

00:35:12 What is the line on the 5 min chart ?

[@Angel-AFA]

41:25 lower low in a row are very bad sign , thanks a lot 47:32 if nobody invented an index, we still trade

[@TraderLion]

Thanks for watching!

[@J_International]

Another great video. Like others said I benefited from learning how Mark handled the stock setups that failed.

[@TraderLion]

Thanks for watching!

[@trintaraphol2173]

best video of the year !!

[@TraderLion]

Thanks!

[@PopPop0424]

Richard, Great as always. If can sum up in a setence or two, what did you see in Marks success that caused you to take his workshop vs others?

[@simonnwogha2011]

What platform is mark minervini used in trading that makes him a chapion

[@belse4321]

Awesome Interview. Excellent questions and Excellent Answers.

[@TraderLion]

Thanks Amit!

[@aprilgonzalez244]

Such a good material to learn from. Thx Richard!!

[@TraderLion]

Glad it was helpful!

[@yky621]

Worth to watch over few times. 👍🏻👍🏻👍🏻

[@rafaelquaresma5945]

Greetings from Brazil

[@cetilly]

respect those stops. Got it!

[@sunnyboeing]

Thanks for the excellent interview

[@TraderLion]

Glad you enjoyed it!

[@adarshpandey4154]

Awesome video. Thanks Richard.

[@andre15antunes]

Great interview! He mentioned that MTP will last 7 days, but from the schedule I received it's 5 days. Does anyone knows how many days it will be?

[@jera6670]

Hi Guys, please interview Captain Lighting he is consistently earning 300% YoY since 2016.

[@lthlongcd]

Gold: "I can't control the upside but I can control the downside, and I can control where I sell"

[@TraderLion]

🔑

[@dioechris]

O Lucas Costa do BTG me indicou pra ver esse vídeo!!! Bora ver!!!

[@93sksdan]

Pure Gold

[@TraderLion]

awesome!

[@876trader7]

did he just say he bought 8 or 10 million dollars in the trade...I never knew he was such a big trader

[@MarketStoic]

When will MTP 2021 participants receive pdfs and links to the workshop?

[@joannahuc1318]

Great interview and insight from Mark Minervini.

[@TraderLion]

He was great as always!

[@mohammadfarzan230]

Thanks

[@TraderLion]

Welcome!

[@vivekdandare]

Mark sounds like King Bradley from full metal alchemist

[@TraderLion]

Ha!

[@sigitnur6220]

Thanks!

[@TraderLion]

No problem!

[@marketknowledge827]

What charting platform is mark using in this video? It looks like marketsmith but a little different?

[@TraderLion]

esignal I believe

[@richardmartinez2973]

Is marks strategy applicable to crypto?????

[@itsjustbusinessbrokie]

His strategy works on every stock thing is it should come under his screener and give a setup 😅 So one or two trade in crypto might happen

[@thetripletsbadboys4621]

I absolutely lobe him. Can i just copy trade him or buy his etf?

[@TraderLion]

He has a trading service (Minervini Private Access) but no ETF unfortunately!

[@navketan1965]

Sir, IF support/resistance levels on 2 different time frames are the same level (example daily & 4H or 4H & 1H charts) does it mean that such S/R level is more likely to hold? Institutions work with daily & 4H charts--so these levels should carry more weights.For price action at S/R level which chart is better--15 minute OR 5 minute.Any suggestions,ideas? Sir,Thank you.

[@MrAfricanpilot]

Thanks!

[@MrAfricanpilot]

I always learn so much from your videos Richard. Thank you.

[@njguy8824]

Very informative Interview.

[@TraderLion]

Thanks for listening

[@gregduncan_]

This is awesome well done guys!

[@TraderLion]

Thanks Greg!

[@saisangat]

great interview Richard

[@TraderLion]

Thank yoou!

[@user-uv4nx5jp7k]

Awesome Returns

[@mpowertradez]

Great stuff!!!!

[@TraderLion]

Thanks!

[@Kartyman550]

Hi Richard, I'm just wonder if you know if the stock only has to meet his Trend Template for it to be considered when its in its uptrend to make his watch list or even the day he wants to take the trade and some of the moving averages have flattened out and have crossed making it so that they no longer are stacked that it has to pass the trend template? Thx.

[@jamesbrown5769]

Love this

[@TraderLion]

Thanks for watching!

[@robv5278]

Excellent Thank you

[@TraderLion]

Thanks for subscribing!

[@sijacquz]

Does Mark front-run his subscribers?

[@kp3489]

At first. Thanks for this video. Is it right, that he investd with his first position 20-25% of his trading capital? And than if the thing is working he is completely invested by 100%? At 50:15

[@lorenzomizushal3980]

not his trading capital. his allocated capital for that particular position. basically he averages up. He usually has 4 positions in his portfolio according to his book