I know this all already.
Mark Minervini...Legit or Not?
- Thread starter proftradingjourney
- Start date
Attended this the other day, thought he gave some good insight and more so believed he was the real deal after it. I opened this thread to get some confirmation and others viewpoints, don't like to go off solely my own judgement when it comes to education in trading/investing, since there are so many shams in this space.
I never learned anything from any educator I must admit. Only my own research helped me. I am just wondering how others can think that any educator despite being a successful trader is creating fellow successful traders just by listening to him. I do not get it. If there is something to backtest that might be a starting point but anything else I think it is just a waste of time. My two cents.
Educators are a starting point. My investing account had a terrible drawdown during the 2000 tech wreck. I figured there had to be a better way of managing my investments.
I spent a lot of time reading. Most books on investing followed the same principles. Buy and hold and diversify. I had done that and it hadn't worked. The answer obviously was to do the opposite.Concentrate your portfolio with stocks that were outperforming the market.
"How to Make Money in Stocks" changed my investment thinking and I haven't looked back.
The strategy is simple. Buy stocks that are going up and don't hold any losers in your portfolio.
Authors such as Darvas, O'Neil & Minervini have reinforced my beliefs and shown methods of refining my strategy.
That being said, you have to figure it out for yourself. No one is going to sell you the secret to making money. Again I challenge the doubter to follow Minervini's methodology to the letter and it's hard not to make money.
Well said
The way you guys, rather, so instantly and automatically praise trading book authors....Jesus, I could literally write a book over the weekend and make a name for myself and have my own devout, flock, sheep, herd of braindead, robot, zombies kissing my butt.
99.4% of the followers are failed brokeass traders, and they still, somehow, magically, decide to praise their Gods....as Gods.
99.4% of the followers are failed brokeass traders, and they still, somehow, magically, decide to praise their Gods....as Gods.
Well there's a challenge. Why don't you do that and show us how simple it is.
What's the title?
Well, if you want to become rich in the market....you Certainly Won't find that magical wisdom in someone else's book they printed and sold to get rich. I can tell you that much.
More utility and benefit is gained by producing educational programs, all those salesmen know this. That's why they do what they do.
If they had knowledge that earned them $400,000 a day in the market....Do you f'n think they would help all the little, dumb, people and give it away for a small fee? Those guys would be earning $400,000 a day for themselves....and Only for themselves.
What's that got to do with writing a book over the weekend and make a name for yourself?
Now that would be something to see.
That's even tougher than making a whole bunch of cash each day.
You up for the challenge??