Mark Minervini

Redneck said:
Most of the trading advice is dead nuts on - rooted in hard learned lessons - and the only way to survive / thrive in this business




Let me provide an example of what CS is saying

There is the PA..., on whatever given chart - staring you dead in the face

There is the underlying PA..., which caused / supported the PA staring you dead in the face

Which one should be heeded

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For grins - lay some of that BS trading advice on me - lets see if we can rebuke / debunk your thinking

RN
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What language are you speaking?
 
The sad thing to me is, there are some traders here who would love to pass on what they so painfully learned and spare someone years of agony. Unfortunately, almost none of you are teachable because you're so arrogant. So till you become ready, it's gonna be cat and mouse forever.
 
Cswim63 said:
The sad thing to me is, there are some traders here who would love to pass on what they so painfully learned and spare someone years of agony. Unfortunately, almost none of you are teachable because you're so arrogant. So till you become ready, it's gonna be cat and mouse forever.
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You seem to assume you're the only experienced trader here. Well, I have 20+ years experience as does one of the other posters. Seems you're the arrogant one.

In any case, let's get back to the topic: IS MARK MINERVINI A DOING HIS SEMINARS FOR THE MONEY OR TO HELP OTHERS?
 
If he's charging $4000 for three days that mostly cover the book, he's doing it for the money. His service is $999 a month, no refunds. No refunds? He's doing it for the money. And why shouldn't he get paid? The cover of his book targets the sheep that have yet to be sheered, sounds like the money. He touts Marketsmith which has embedded most of his analysis. Cool product; in three weeks I couldn't make a nickel with Mark or Marketsmith. Not saying that he can't. Maybe if I spent a year instead of two months with Zanger's and Minervini's work I could make a nickel. Here's what strikes me amiss with Minervini's tutelage: he says tight stops allow him to ride a stock higher as it powers north after consolidation, but how many stocks do that without breaking through a tight stop? A slight misstep and you could be looking at a 10% loss bcz some of their names are Tesla grade stocks. I'm conflating some issues and my experience trying to use their approach, but shouldn't a good approach have some crumbs that are easy to get to? Btw, it's a good book and I've learned from both these market princes but I don't see any easy money here. My sense, and I'm still looking at what they do, is that if I spend the next year on this I may be able to earn what I was making doing dumb shit. Another positive: if you want to learn their approach, you pretty much have to learn everything you hoped you could avoid by choosing their approach.
 
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ms33 said:
My sense, and I'm still looking at what they do, is that if I spend the next year on this I may be able to earn what I was making doing dumb shit..
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If it can't be learned in 1 hour max, it's worthless.
 
andysmith99 said:
You seem to assume you're the only experienced trader here. Well, I have 20+ years experience as does one of the other posters. Seems you're the arrogant one.

In any case, let's get back to the topic: IS MARK MINERVINI A DOING HIS SEMINARS FOR THE MONEY OR TO HELP OTHERS?
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If he's teaching for $4000 a book you can read on your own, helping others may be a beautiful byproduct. These guys are pretty shameless about touting anything that shows them in a good light, so if their track record in recent years were attractive they would be touting that too. I'm not sure how they keep a straight face talking about 33,000% return during the dot com era? I suppose it's all about sheep and sheering. In general, they don't give anything away for free.
 
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