Mark Minervini like trades

[taowave]

It looks like your reaching, and I have no feelings rearding Minervini other than his books are pretty good and he and his students have done very well in the trading championships.I have to believe that Schwager does his due diligence,but who knows..

Regarding UPST,if you know the Canslim crowd,they would have entered UPST in 8/21 somewhere around 200,after breaking out of a 5 month base on massive volume.Over the next 2 months,the stock doubled to 400....I dont know the exact date of the interview,but it was clearly before the massive correction. Up to that point he was Long and VERY right..

The stock plumetting 88% is meaningless...You know he trades with super tight stops,and there is no way he didnt liquidate on the 11/9 gap,and thats assuming he didnt sell on the move to 400...

When was the interview??

Just like a used car salesman who knows nothing about cars.
Upstart plummeted 88% shortly after this interview.

 

[SunTrader]

...... and has skin in the game unlike the majority of posters on this forum......

.......... who don't have to go on CNBC touting what they own.

 

[taowave]

I think Tony's chart is the trade mark was most likely in,The 2023 really didnt have an successful entry till 5/23..All previous entrys would have been stopped out...

Here's a fact check. I looked up Upstart stock, and here's what I see. This Youtube video was uploaded on December 3, 2022, so the interview as well as his purchase would have been made before this date. Here's what happened. It was trading around $20 on 12/03/22 and it initially dropped to around $12. But then it soared to nearly $73 in less than 8 months, and you'd have made over 7 baggers if you held on (and got out at the very top ).

My verdict: that was a very good investment.

View attachment 325796

 

[PPC]

hmm hmm sorry, you are breaking up.
I will google Upstart and tell the audience what they do in the next show. btw I am happy to keep paying for my guest appearances in your show.

How can you be so sure that he didn’t lose sound? Sound glitches happen on live TV from time to time.

If mark Minervini would not lose sound and if he heard the question and decided to come up with some lying excuse (e.g losing sound) then in such cases all people always pause as their brain needs time to come up with a lie. In his case, his reaction was immediate, which is highly suggestive that he simply had sound glitches.

His body language and gestures also seem very congruent with breaking up sound. For example, after he says “excuse me”, you can see his head leaning forward, a lying person would not do that. In addition, his ‘NLP eye patterns’ are also suggesting that he is telling the truth. His hand gestures also seem very congruent with sound glitches.

That he looks surprised / confused is totally understandable if he can’t hear the whole sentence. People are just too focused the verbal content, ignoring the non-verbal communication which is more important and very hard to fake.

That’s my 0.02, and obviously I cannot see in his head either, ultimately only Mark knows himself.


I think that some unsuccessful traders simply project their resentment on successful traders, and they intentionally take things out of context just in an attempt to ridicule others on youtube / social media. I think in Australia and New Zealand it’s called the ‘Tall Poppy Syndrome’.

Whether the stock (UPST) which Mark mentioned in his interview went up or crashed right after the interview is totally irrelevant because only fools believe in 100% win rate.

 

[destriero]

I think that some unsuccessful traders simply project their resentment on successful traders

lol @Xela if you have more than a $5K net liq I will leave this site forever.

 

[Darc]

"Was Short the DJA into 911"

 

[tony.m]

When was the interview??

Interview was on 20/10/2021 and price was at peak $393.

Anyone on ET part of his $1000/ month signals group ?

 

[ironchef]

I have no dog in this fight.

I searched his record the last couple of days and looking at his history. I think he is one of those rare educators who can produce a good track record and as I said prior, he is legit.

Many of you are very successful and gave advices here for free. I don't understand why he has to offer expensive trading courses when he really doesn't need the money or headache?

 

[PPC]

I have no dog in this fight.

I searched his record the last couple of days and looking at his history. I think he is one of those rare educators who can produce a good track record and as I said prior, he is legit.

Many of you are very successful and gave advices here for free. I don't understand why he has to offer expensive trading courses when he really doesn't need the money or headache?

Let’s say hypothetically that you studied to become a chef. After years of study and hard work, you come up with a unique tasty recipe which makes you lots of money.

Would you then:

A) Keep it to yourself

B) Start sharing your recipe but charge for it because it works and you spent years perfecting it

C) Start sharing your recipe for free and teach it for free to others

Let's be honest, vast majority of people would chose “A”

Traders are entrepreneurs and businessmen; they’re not volunteers running kinder gardens to spoon-feed people for free.

PS: By traders I mean people of Mark Minervini calibre, not course vendors who cannot trade.

 

[Darc]

Both Mark Minervini and Mark Ritchie (Minervini's co-Instructor at Minervini's Master Trader Seminars just concluded) had increased their Social Media presence in the past Month, I assume to promote Minervini's Seminars and products.

Everything about O.P., his timing, his engagement with other Posters, being a "blow through" etc makes me suspicious. Add to that the same thing happened this time last year from memory.



Stealth Marketing, if that's what this is, needs to be called out. And I am/was a Mark Minervini fan.