MARK MINERVINI- Trade like a stock market wizard - Stock Trading strategies

[@johnhang4315]

This book is legit. Summary: breakouts on technofundamental analysis with volume confirmation.

[@FinancialWisdom]

👍

[@jsunproter1940]

I've already read all of mark's books and you did a great job doing a cliff notes version of them in this video. For anyone who's looking to become a trader you can definitely benefit from reading all of his books. if you've ever seen any interviews with mark you'll also notice that he mentions Jesse Livermore and O'Neill many times so it's worth checking out their material as well. That last chart about capping losses is something that everyone needs to understand when looking at a strategies r/r and win rate

[@facasuacabeca912]

Your book reviews are incredible. You must have put a lot of time and effort into making each one of them.

[@FinancialWisdom]

Thanks for your kind words Guilherme, they do take some time but stocks/trading is my passion so it makes it easy. Thanks

[@ddanis226]

@@FinancialWisdom Which app that you create content?

[@tylascraig9306]

I truly learned a strategy from this vid that the book has without reading the book. Amazing vid.

[@FinancialWisdom]

Hi Tylas, great to hear. Thanks 👍

[@jonathancorrales7427]

omg, the method that mr. Minervini applies is the same I use to my analysis ( i'm still an aprentice) thank you so much, this makes me so happy and give me the strengh to keep going ( i'm also study english, french, italian, and math) greetings from Perú and thanks again.

[@FinancialWisdom]

You're very welcome!

[@sureshguthiwari5437]

All your videos are excellent, which gives summary/key points mentioned in each book. I feel you saved me lot of time to read the book. Thanks a lot for preparing these videos.

[@FinancialWisdom]

Glad it was helpful!

[@mrm8818]

06:23 you circle lower volume on price pull backs but, it shows more volume traded. Shouldn't it be the red bar next to it that should have been circled.

[@kingmars8817]

Just finished the book yesterday. I'd give it 6 stars.

[@FinancialWisdom]

👍

[@Robert.The.AllKnowing]

What's the best book of financial trade stocks?👆

[@takugi6648]

Every time the video is made with care, it is really a savior for retail investors. SO GOOD !

[@FinancialWisdom]

Thanks Ching👍

[@hasantao]

Thank you for your summary. I really enjoyed reading the book for the second time. It has a lot of great information.

[@FinancialWisdom]

Glad it was helpful!

[@ernestoapfelbaum8286]

You are amazing. What a great way to know about a book before jumping on its reading. Thanks for your work!

[@FinancialWisdom]

Thanks Ernesto!

[@MarcelPhilips]

After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads deciding whether to exchange my $250k security/stock portfolio; how might the continuous market volatility work to my advantage?

[@BrunoLuke]

Concentrate on two main objectives. First and foremost, keep yourself safe by knowing when to sell stocks to reduce losses and maximize gains. Second, prepare yourself to gain from a market turnaround. I advise you to seek the advice of a representative or financial counselor

[@MarcelPhilips]

@@BrunoLuke In fact, ever since Coronavirus, I've been in regular communication with financial examiners. Nowadays, buying moving stocks is quite easy; the trick is knowing when to buy and when to sell. The section and leave orders for my portfolio are made by my counsel. accumulated more than $550,000 from a $150,000 savings that was initially stale.

[@BrunoLuke]

@@MarcelPhilips Please provide the information for your investment advisor here. I really need it now.

[@MarcelPhilips]

@@BrunoLuke She is KRISTIN GAIL CUNNINGHAM , my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.

[@BrunoLuke]

@@MarcelPhilips sincerely thank you I looked her up on the internet and was awestruck by how qualified she was; I contacted her since I need all the help I can get with canning. I've just scheduled a call.

[@DanielFlores-no9wc]

I mean this channel is pure gold

[@FinancialWisdom]

Thanks Daniel🙏

[@NMranchhand]

So well organized, so thorough. Another great video.

[@FinancialWisdom]

Thanks again!

[@TrainingDay2001]

Wonderful book review - I’m also a big fan of Mark’s books. Could you do his second trading book ? Think and trade like a champion. Keep up the good work sir :)

[@FinancialWisdom]

Thank you, I will be covering his most recently released book, but we will be looking at mid January for that.😉

[@Petroguest-i4g]

Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. It’s not much different from bond investing. The way I see it if you have a $1 million at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...

[@devereauxjnr]

It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.

[@2024Red-j5t]

@@devereauxjnr A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

[@Countstep0099]

@@2024Red-j5t Over the following 3 months, I want to increase my reserve from $280,000 to at least $550,000. I would be grateful for any advice you can give on how to accurately predict the market and how to diversify and balance my portfolio in order to accomplish my goal.

[@2024Red-j5t]

@@Countstep0099 credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up

[@Countstep0099]

@@2024Red-j5t this recommendation came at right time, very much appreciate it. curiously inputted her full name on my browser and found her site top search, no bs.. over 20 years of experience is certainly striking!

[@Asawyer-u6q]

every market sectors are in an uncertain position, Im looking forward to the US election before making any steps. might opt out of stocks entirely if it crashes. with high interest rates and inflation i keep asking when it would be stable given the global situation right now.

[@Paulreal-s2w]

people calling stocks momentum a flunk aren't considering the long run. The companies themselves have not changed, it's the market that changed. Steady as it goes, and it'll regroup in weeks.

[@ethelbertt]

If you are not too savvy with the market, it’s the best time! just buy and hold on strong companies or best you seek out areas within sectors that can help you sustain a balance in both growth and value overtime. In certain cases, it's even easier to speak with someone enlightened to determine options best meant for you, I personally did this, and it works pretty well..

[@Asawyer-u6q]

Well, my question is which stocks sectors should I consider adding to my individual fidelity, I intend to hold on for a decade or more.

[@ethelbertt]

right now I’m being focused on renewable energy, semiconductors, Ai chips which will be hugely integral on every sectors in the coming years. an absolute power move right now.

[@ethelbertt]

add Gold and silver as well.

[@kaikongchan5513]

Ha, I got his 2 books. Very good info. Wish I read it earlier years ago.

[@janohrmann4557]

When do you purchase now, at the small candle in the uptrend or when the volume highly breaks Out? In the Video it’s minute 10:20

[@janohrmann4557]

Small candle before the handle point comes i mean

[@FinancialWisdom]

@@janohrmann4557 Hi Jan - The point of purchase would be at the largest breakout candle with high volume, the purchase price would ideally be at the breakout set by the high wick of the April candle which is 19.25 - Therefore you would need a buy order at 19.25 - Hope that makes sense.

[@FarhanAnwarOfficial]

Hats off to your hard work 🙏 Respect for Mark minerwini🙏🌹

[@FinancialWisdom]

Thanks Farhan🙏

[@johnjohnson9980]

I am thinking of CWAN to double this year. Has great earnings. Update 11-07-24. I am up 25% + +. STOPs in.

[@Defisher]

Taking early notes from Warren as to the importance of sound asset diversification and risk management It can’t be overstated. I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any other suggestion

[@AliceHh_]

Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals

[@wealthychronicle-i1u]

Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

[@Defisher]

Pls who is this coach that guides you? I’m in dire need of one

[@wealthychronicle-i1u]

My consultant is Nicole Desiree Simon She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.

[@Defisher]

I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds soon. Thanks

[@lesmasonson4011]

This was a great summary of key points of one of the best trading books available. Make sure to read both his books.

[@FinancialWisdom]

Thank you Les...

[@temimegraham1904]

Mark is the best, thank you for everything.

[@FinancialWisdom]

Your welcome👍

[@horaciof.campana7699]

I have just read the book. Your summary is excellent. Great job!!!!!

[@FinancialWisdom]

Thank you

[@secretnobody6460]

Can you recommend or explain about how mark minervini does his position sizing specifically? Especially transitioning from a bear market to a bull market. Or vice versa. How to scale back systematically? Im struggling a bit on this execution. Thanks!

[@FinancialWisdom]

I can answer the scale back systematically as it is similar to my approach, the system Mark applies will filter stocks in certain conditions inclusive of moving averages and specific set ups, when the market turns against him there are less qualifying selections and his current positions would also start to be closed out, therefore systematically (by default of the system) he would be pulling money out of the market and not adding. The reverse is also true for a trending market and scaling in. Hope that helps

[@secretnobody6460]

@@FinancialWisdom i understand now. The system will show less and less entries as the bear market enters. Right? But the position sizing and the VAR will remain the same? Or you scale down position sizes too as you get a streak of losses?

[@FinancialWisdom]

@@secretnobody6460 That is my understanding, and certainly my approach... I use a version of Kelly Criterion staking model (video on channel) which will adjust my staking % as the strike rate reduces, therefore I ratchet out through less selections and less % position size, just as I ratchet up position opportunites with an increasing % position size. I assume Mark does something similar..

[@secretnobody6460]

@@FinancialWisdom never heard of that thing. Im sure its gonna help build my own system. I will check it out! Thanks buddy! Such a great help i appreciate it. 😊

[@zAngus]

I've read his books and followed Mark for a little while. Your video was REALLY well explained and a great refresher. Well done and thank you. Off to explore your other videos.

[@FinancialWisdom]

Hi Angus, thanks for your feedback👍

[@TruthSeekerAll]

A bit confused here. The definitive stop loss @ 10% that he recommends to be placed below the entry point, is that 10% out of the 2% max to be risked on any single trade? Meaning the stop loss position below the entry is really 0.02% of the account size? Anyone can clarify. Thanks.

[@TruthSeekerAll]

@tomviste thanks bro 👍

[@mohitjain1233]

Could you do a video on bases and how to properly mark them? If that isn’t possible, can you please tell me where I can learn more about bases? It will be of great help. Thank you so much!

[@FinancialWisdom]

My website www.financialwisdomtv.com 😉

[@izumiwj]

The bite size information provided is very valuable keep it up great job

[@FinancialWisdom]

Big thanks

[@ashokyda]

Oh excellent. What a way to convey the essence of Money magician's approach. Thanks a ton.

[@FinancialWisdom]

Thanks your feedback is appreciated

[@cagrikanik2403]

Very nice summary of the book! Minervini is one of the legendary trader.

[@FinancialWisdom]

Glad you think so!😉

[@dwightwellings]

Excellent Presentation. This enforces that there is no greater advantage a newbie trader can have above having a professional handle trades for them. You'll be shocked at how far a little help can go in the grand scheme of things

[@susannewade]

While this is true, we can't underestimate the power of time and chance, a person can achieve a lot on their own through sacrifice and dedication.

[@ragoteodora4624]

Well said

[@dwightwellings]

@@susannewade I'm speaking specifically about those newbie traders that don't have the luxury of excess funding to 'sacrifice' in the quest to learn the ropes of trading.

[@susannewade]

@@dwightwellings Well in that case, its obviously wiser to hire a professional investment advisor. The only issue here is how does one locate these professionals, they're very hard to find even though most folks would gladly pay for such service. Any recommendations?

[@iloraoniell]

very true, but for most newbies their foresight is blinded by pride, skepticism or overzealousness, only a few will take the wiser step to seek assistance and go on to become profitable themselves.

[@NHHHTB]

Your book review is fantastic. Thank you very much

[@FinancialWisdom]

Thank you too!

[@dcreech500]

I just hit the like button before watching now! I know your review is going to be gold lol

[@FinancialWisdom]

Thanks Danny! That's an older one but hopefully ok....👍

[@wolfofdalalstreet1841]

Awesome u doing great job. Love from Bharat 🙏🙏🙏🇮🇳🕉️🕉️🕉️

[@FinancialWisdom]

Thanks Samrat🙏

[@nitta1915]

I joined your channel recently and saw almost your whole videos. have to say that these are the best educating videos and reviews I ever saw on youtube. I tried many strategies and feel William O'neal's breakout channel and cup and hold is the best one I am comfort with. I'm trying to use this strategy and master it, so I want to know more and more about it. as I know your strategy is something like this. can u recommend to me some of the best books using and teaching this strategy? I will really appreciate it.

[@FinancialWisdom]

Thanks Reza... Nicolas Darvas, mark minervini etc many of the video on my channel in fact :-)

[@jnayak989]

Reading this book now.Your book review is excellent.

[@FinancialWisdom]

Awesome, thank you!

[@saengpol_pek]

Thank you for your great book reviews. I do enjoy and watch most of them.

[@FinancialWisdom]

You are so welcome!🙏

[@ernestoapfelbaum8286]

The new Minervini book is: "Mindset Secrets for Winning: How to Bring Personal Power to Everything You Do"

[@FinancialWisdom]

Its on my list :-)

[@Tuxster3]

How in the hell is trading ANYTHING like INVESTING? Benjamin Graham called it SPECULATING! And that's good enough for me!

[@budgetcarsandhouses7557]

Such a kind hearted person.. More subs to come...

[@FinancialWisdom]

Thank you kindly

[@cryptolicious3738]

great video ! question/idea for u : could u please review a book that compares DCA-Buy-Hold results versus traders like minervini and also avg non champion traders ? thx

[@FinancialWisdom]

Noted

[@cryptolicious3738]

@@FinancialWisdom sweet! as an example, george w CryptosRUs says he tried everything and only DCA HODL ever worked for HIM (and most ppl he says) . InvestAnswers lives in CaliforniaStan n says short term cap gains + state tx is 50% for him so short term trades isnt viable for him though he does play w options. also cryptos vs stocks strategy side by side would be a cool video bc crypto volatility is diff

[@sarahprince539]

I love your book review, especially the summary at the end of the video. Well Done!!! My goal is to finish watching all your previous videos plus new ones.

[@FinancialWisdom]

Thanks sarah😉

[@edgardivi]

What a great review, this video clearly explains how to put into practice the method explained over 280 pages in the book liked and subscribed, very glad to find your channel

[@FinancialWisdom]

Thanks Edgar - Much appreciated!

[@jainamshah1049]

Amazing learning. Thank you so much 😊

[@FinancialWisdom]

My pleasure 😊

[@mohdridhuan3519]

this is great. i remember doing last minute revision for final exams; running through summaries! (skipping the long written text books) lol

[@FinancialWisdom]

lol me too

[@Who-yo3xh]

Thank you great video. Do you rate best trading book to buy ?

[@FinancialWisdom]

Probably Stan Weinstein

[@denimulyoto8298]

Thank u for explaining the great mark's trading strategy with easy.

[@FinancialWisdom]

My pleasure!

[@joinizwe]

I am reading the book these days and this is a great summary. Thank you!!

[@FinancialWisdom]

Thanks Joinizwe!

[@luigicociglio7621]

Thank you for you video. I've bought and read the book a few weeks ago and, following some suggestions, I'm starting already to get in profits with some good stocks ... amazing :-)

[@FinancialWisdom]

Glad it was helpful!👍

[@PAddis-df2ei]

Thank you for sharing. Your great channel worth far more subscriptions

[@FinancialWisdom]

Thanks P.Addis!

[@Trumppower]

Dude your channel is amazing, i appreciate your hard work. I have clicked through various Videos and they're Gold.

[@FinancialWisdom]

Thank you so much 😀

[@lifesdecofcards9713]

I love the review… Is this for beginners as well?

[@FinancialWisdom]

I think so....

[@AdamHarrisTrader]

Thanks again- I get exposed to books I haven't read or heard of before. Much appreciated. Also good to see which authors/traders agree on which rules to apply.

[@FinancialWisdom]

Glad it was helpful!

[@elliemarie2426]

hi, I loved this video, really want more of this. Thank you! This video has inspired me to create my own . Cant wait for your next video . Well done!

[@FinancialWisdom]

Thanks Ellie!

[@robbertgijsels627]

Amazing video! You have a new subscriber :)

[@FinancialWisdom]

Awesome, thank you!

[@howardadams9638]

An excellent presentation, many thanks.

[@FinancialWisdom]

Thanks Howard...

[@FinancialWisdom]

My Brokerage Account (Interactive Brokers) - bit.ly/3UGvn1U My Breakout Scanner - bit.ly/3ea6sl8 My Forum - www.financialwisdomTV.com/forum My Strategy Blueprint - www.financialwisdomtv.com/plans-pricing Edgewonk Trade Analysis Software - bit.ly/3xS6S7s Stock Screener & Backtesting - bit.ly/3oO1exN (20% Off Code = FWSDM) Stockopedia - bit.ly/2YIcAIn (25% Discount)

[@sahinsakarcan1296]

Marvelous summary,congratulations sir.

[@FinancialWisdom]

Thanks Sahin !

[@dwikihafizhul404]

Thank you very muchhh, this is very valuable 👍👍👍👍

[@FinancialWisdom]

You are very welcome

[@devinsmusicroom4441]

You have great clear explanations on these trend trading techniques. Thank you.

[@FinancialWisdom]

My pleasure!

[@mattdodge7919]

Great video, clear and concise!

[@FinancialWisdom]

Glad you enjoyed it!

[@lakhangangurde190]

Very very nice video sir 👌 Please make more videos

[@FinancialWisdom]

Thanks Lakhan🙏

[@richardmartinez2973]

Can this be used on crypto

[@prakharmaheshwari1466]

YOU ARE FANTASTIC. KEEP UP THE GOOD WORK

[@FinancialWisdom]

Thank you so much!🙏

[@ambrosiad1588]

can I put forward a book request 'Tradng Sardines' by Linda Bradford Raschke, you cant get it here in the UK, so i never gotten to read it

[@FinancialWisdom]

I'll add it to the list

[@ashleyd3066]

you mentioned in the video about a discount code for minervini course or possible trade room, if you can provide this

[@FinancialWisdom]

Hi Ashley you are right, I will contact them and let you know ASAP.

[@velpulasrikanth5210]

Can anyone explain that table at 11.19 minutes??

[@Aspectus]

Can you review Trend Trading For A Living by Carr?

[@Sean-xu5ti]

Great video

[@FinancialWisdom]

Glad you enjoyed it

[@mohsinali738]

Another level book review amazing Sir good effort respect from pakistan Lahore.

[@FinancialWisdom]

Thanks Mohsin🙏

[@ankitborgohain1175]

its giving me goosebumps knowing 200% is possible

[@FinancialWisdom]

2000% is possible but it is all relative depending on the risk taken👍

[@ankitborgohain1175]

❤️KEEP UP THIS GREAT WORK.

[@bajajsachin1]

hi, can you pls share the ranking template mentioned?

[@_N0_0ne]

Thank you

[@FinancialWisdom]

Thank you

[@danielscott1409]

Seems like the secret is to trade a long only break out strategy from 94 to the 2000 top

[@brucegrit8928]

Like your series,keep it coming.

[@FinancialWisdom]

Thanks, will do!

[@thirupathisalveru5411]

great analysis..Thank you

[@FinancialWisdom]

My pleasure!🙏

[@GoldenJoe]

Awesome review

[@FinancialWisdom]

Thanks Golden Joe👍

[@radherani2811]

Please make one video summary book of dual movement investing

[@FinancialWisdom]

its in our library already👍

[@mistersz]

one of the best book review i watched. thanks

[@FinancialWisdom]

Glad you enjoyed it!👍

[@guilhermevoltolini]

great job!

[@FinancialWisdom]

Thank you! Cheers!

[@haisaigon]

Thank you. Very usefully.

[@FinancialWisdom]

Thanks Nguoi

[@alphabeta8403]

0:55 220% per year 2:55 Buy criteria 5:20 *4 stages* 8:00 Pivot buy point 9:30 Risk Management 12:00 *4-6 stocks max for superperformance* 13:30 Summary

[@Solitude47152]

Did anyone make better profits after watching this video ???

[@FinancialWisdom]

I did :-) Eventually...

[@Solitude47152]

@@FinancialWisdom Outstanding

[@hasanz5259]

Great review! More like this please 👍

[@FinancialWisdom]

Thank You Hasan...

[@ludmohd2117]

A lot of thanks you

[@FinancialWisdom]

Thanks Lud

[@zAngus]

Good video. Well put together.

[@FinancialWisdom]

Thanks Angus greatly appreciated

[@jennerb7059]

Absolutely love this!

[@FinancialWisdom]

Great!🙏

[@SenimaInvesting]

Great channel bro!

[@FinancialWisdom]

Appreciate it!

[@kalimrahmanyar7630]

Great video. What software is this? Just subscribed m8! 😁

[@FinancialWisdom]

Thanks Kalim - I use videoscribe.👍

[@AkshayGowda007]

You did a great job here, Thanks. subscribed

[@FinancialWisdom]

Awesome, thank you!

[@lol-pb4rl]

Can anyone tell me where to find those cartoons templates to make a video?

[@nutritionsciencegroup]

Thanks. Valuable .Kind Regards. Dr John Stewart

[@FinancialWisdom]

You are welcome!

[@wakalmercedesreyes1865]

great information

[@FinancialWisdom]

Glad you think so!

[@davidminj1]

A very good summery..

[@FinancialWisdom]

Thanks David!

[@jayawantshetty9650]

Well explained

[@FinancialWisdom]

Thanks Jayawant

[@learntotradepk9224]

Amazing review .yes obviously 5 Star

[@FinancialWisdom]

Thanks learn-to trade 👍🙏

[@bgrathod8872]

Awesome 💐

[@FinancialWisdom]

Thanks 🤗

[@ابنالصحراء-و8غ]

Great