📘 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.
Outstanding interview! I really enjoyed hearing how Mark stared at the markets, how he tested his systems and how this led to success. And the best quote "there is no shortcut to experience" LOVE it!
Not too much expectations with this interview. Turned out however to be one of my Richard Moglen's favourites. "Trading becomes an expression of who we are. Why in some ways this is the ultimate game or sort of bet on yourself: you have to identify what your strengths and weaknesses are and then make some adjustsments."
Timestamps: 0:00 Introductions 0:45 Mark's Background, Trading Evolution 3:00 Trading for a Prop Trader, Learning about Charts 4:59 Developing his current Style 7:50 Turning over an Edge 10:00 Low Risk Entries 15:12 How to Manage Risk 17:30 Progressive Exposure 22:10 Taking Losses is the cost of doing business 24:20 No system works all the time 27:50 Recommended Books 32:00 Relationship with Mark Minervini 34:00 Your Trading Results is a Reflection of your Personality 37:25 Post Trade Analysis 43:50 Weekly and Daily Routines 52:10 Combining Fundamentals and Technicals 55:00 The best trades combine fundamentals and Technicals 56:40 Top Down Approach or Bottom Up 59:40 RVLV Trade Review 1:09:50 Multiple Timeframes, Intraday Chart 1:10:45 Uranium ETF trade 1:14:50 How to find the Pivot Point 1:18:00 CRLBF Trade. Fundamentals and Technicals 1:23:00 Personal Research 1:25:25 Advice for New Traders
Wow very inspiring. I started trading about a year ago, and quickly leaned on quantitative path. Was able to put together 3 mean reversion strategies but none momentum seemed to work so after research i found marks startegies read both of his books and about to put some capital to a similar approach. Was a bit unsure on what to do. The advise of treating them as employees was on point.
Revenge trading occurs by people who think that trading is like a football match. In other words they think that if they just keep going in harder and harder against their opponents that they will somehow win simply out of a aggression (like a boxer). But in trading there is no opponent, only yourself. So theres no point in fighting yourself.😀
1. Concern the low risk entry 2. risk manage and take losses as opportunity cost 24:33 no system works all time 1:18:21 well teacher, thanks 1:26:33 small amount of money and little time are unable, no excuse to take too much risk to small account, must manage as same way to big account.
