Mark Minervini

Minervini said in that same article (see post above):
"From 2000 to 2009 it was certainly a much more challenging period. I was out of the market for a good part of that."

Still catching my breath.
 
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Has anyone taken a Minervini seminar? Or been a customer of his service?

I have read his book and it was very good.

But I wonder about his seminars. He is always pushing them on twitter and they are very expensive. It strikes me as odd that he says he doesn't do seminars for the money, but to help people, and then charges so much that most people can't afford them. Like running a Salvation Army and charging hundreds of dollars for used clothes.

Also, if he is such a great trader why is he so focused on seminars instead of managing 100s of millions of dollars?

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Could be several reasons for that;
easier to talk or write notes/write books than trade...……………………………[IBD founder did all of those well/ very well]
What if anything did you get out of his book/andy99???????
Some thing else he did right. Like Bill Gates + Mark Zuckerberg , he quit school .
I've seen IRS figures, most millionaires quit high school or quit college.
 
I like a lot of what I read in his books, it's smarter O'Neill, but it all breaks down if tights stops don't get you there. If he was out of the market for most of a decade, what does that tell about tight stops?
 
http://traders.com/
(June 2020 issue, you may need to subscribe to a free trial, no CC needed).
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I could not find him on that link/ but markets are still open.
I got more ideas from a trader/traders book listed on that link/Cynthia Kase.[no I haven't bought her software/LOL.] Rich Dennis noted ''do your own research''...…………………………………………………………………………………………………..
 
Minervini said in that same article (see post above):
"From 2000 to 2009 it was certainly a much more challenging period. I was out of the market for a good part of that."
Accepted ...... but what happened from 2009 till date ?
Of 10 years he didn't have even 1 good year?
 
I like a lot of what I read in his books, it's smarter O'Neill, but it all breaks down if tights stops don't get you there. If he was out of the market for most of a decade, what does that tell about tight stops?
he is a self made millionaire and got that way via trading...you are bashing the dude hard because his methods didnt work for you, but is the problem the method, or you?

concerning stop losses...Minervini clearly states that he places a max stop of 8% upon entering a trade, if it goes green he moves it up to breakeven/entry point, and from there can use different methods of exiting a position whether a trailing SL or closing 50% of the position while its green etc..If it goes red (essentially proving he was wrong either in timing or all together) he closes the position often times before his SL hits.

what about any of that is bad exactly?
 
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