Mark Minervini Gives A Master Class In Trading Psychology | Alissa Coram | IBD Live 

Huge fan of Mark! He never pretends to know where the market is heading like most of those so called gurus out there. Always Risk First!

"Draw your line in the sand" and "know where you are getting out before you ever get in" MM once said. Those 2 quotes are pure gold. Don't break your rules otherwise they are merely guidelines.

Ali, This is a keeper. The management of risk is number one priority and Mark explains it so well. Thank you for posting it.

One of the best from Mark! Risk management is #1 even before entry tactics, etc. Keeping losses minuscule allows you to get quick, easy R multiple gains. No need to hit homeruns. Just keep getting on base and keep flipping/compounding.

Mark is the real GOAT, the ultimate MVP

Mark said “your goal is to make money.” I would like him to explain what “selling” looks like from Mark. Excellent info.as usual Alissa.

MM- absolutely a legend on the importance of risk management. I need to listen to this every day. 😮😊

Keyword "habitually". Meaning, does your strategy need adjustment because across 20-100 occurrences, you need to tweak something. You don't become concerned about 1 loss or "missed opportunity". You work on your habits your STRATEGY, not your moments. It's a business plan. It's not a casino. It's business.

Ali- you truly are an incredible host - always pushing to get more details out of the guests. So grateful for you. IBD isn’t the same when you’re not there.

Well done Ali. This clip is gold

Ali, You always ask the right questions. You are a great host.

Very nice explanation of Risk Management

After 4 years trading I stop skipping Risk Management chapters, videos, comments etc…on contrary i started heavily pay attention on it…it turned my trading positively..knowing that i can suffer if i don’t apply it…

Thank you! Exactly what I needed to hear as a newbie….and forever!

Does make so much sense. Absolute legend!

MM is just incredible. One to watch over and really internalise.

Excellent Thank you so much for Sharing

Great as always..Mark 😊

Love Mark! Thanks for sharing!

You all do such an awesome job

Mark said it best! When Mark & David talks, you listen.

Ali, once a month isn't enough. I could learn from you everyday.

Brilliant!

Thank you perfectly said Thank you once again 😊😊

great discussion

Managing risk by having rules, like those Mark Minervini Was talking about, can reduce emotions. I have These rules written down and have them next to me while trading

Still people will not respect risk, they will just look how stock doubled but they don’t see what may happen adversely. Thank you Mark.

How does this trading stuff work? I'm really interested but I just don't know how it go about it. I heard people really make it huge trading

Hi Alissa - Do you have a recording of the full interview ?

MORE MOREEEEEE

Really would like to see interviews with some masters to share their trade details, such as how they plan that particular trade, what reason, what stock group, etc.

“…the goal is to make money 💴 “- FACTS!!!

Good talk

7:00 Risk first

Which episode this is so that I could find in IBDlive?

Manage Risk. That’s the job.

the big advantage of MM is that he sees trading as a business like the vendor next door sees his potato trading business. he buys the potatos for 100, sells them wholesale to the supermarket for 110. takes the profit and moves on. sure, the potatoes will be sold to the endconsumer for 200 in retail but that doesnt bother him because its a whole other sales channel with different requirements. only in stock trading we get shaken out of our "business model" because we can observe price bids 24/7. same trading....completely different emotions

Sell ON THE WAY up. That's what you gotta do folks!

V good 👍👍🎉🎉🇮🇳

Great words of wisdom!! Love Mark's books and advice. Great work Ally and Mark, appreciate it! Each day I continue to work on managing risk. Thanks,

I have a plan that wroks perfectly for me I just need to work on executing my plan perfectly

His Upstart stock he recommended at the highs should come back when they cut rates lol 😆

Godly

living legend - this is where the rubber meets the road

I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?

For me it all boils down to greed and fear.

lol is Ken Shreve even a part of this conversation?

Stop yourself from saying...would have, could have, should have!

If you sold Paloalto when it went down you are a fool.