Ep. 230: Mark Minervini Interview with Michael Covel on Trend Following Radio

My guest today is Mark Minervini, a technical analyst, acclaimed author, instructor, and independent trader. He has over 30 years of experience in finance, and was featured in Jack Schwager's Stock Market Wizards; Conversations with America's Top Stock Traders. The topic is his book Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market. In this episode of Trend Following Radio we discuss: Importance of influences outside of the finance world Minervini's atypical background in music and how he got to where he is today Capturing 'super performance' and the trend The importance of cutting your losers short How Minervini spends his day Richard Love and 'super performance' stocks Why Minervini is not a fan of diversification beyond the minimum amount that you can get away with Richard Donchian, Jesse Livermore and their influence on Minervini Timeless strategies Paul Tudor Jones and 'losers average losers' The importance of not just trading what you know 'New high ground' and not being afraid of buying higher highs Risk management and bet sizing The biggest areas where new traders often start off on the wrong foot Howard Lederer and poker players as an analogy to traders Why you shouldn't even turn on the television as a stock trader Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!