Full description not available
B**Y
This is THE book to read before risking your hard earned money in the market.
I have read his book, "Think & Trade Like a Champion", his companion book, "Trade Like a Stock Market Wizard", and "Momentum Masters", where he is inteviewed along with 3 other top traders: David Ryan, Mark Ritchie and Dan Zanger. And I have met all of them.I also attended Mark's recent 2019 "Master Trader Program" which also featured David Ryan and Mark Ritchie. In over 35 years of investing and trading, I have read all the important books on investing and trading.Mark builds on the formidable foundation built by Jesse Livermore, Richard Wychoff, and William O'Neil, among others. If you've read O'Neil's book, "How to Make Money in Stocks", you have the foundation that Mark builds upon. In fact, he attributes much of his success to the techniques taught by O'Neil. But Mark expands upon O'Neil identifiying what he calls the "Volume Contraction Pattern". O'Neil touches on the pattern but Mark really explains it and shows it in action, time and time again. The precise characteristics become quite clear. More importantly, Mark shows how he manages his money, manages his risk, deals with volatile or flat markets, and methodically manages every aspect of his trades. How he preps for the next day, how he gauges the market environment and precisely how he uses stops to control risk.Mark's books are indespensible to anyone looking to trade the market and protect their investments. They are essential. Along with O'Neils books, they give you everything you need to succeed if you can stay disciplined enough to follow the rules he lays out. It is as much a psychological war within as it is a war with the market. Perhaps more so. But with the knowlege he imparts in these books, the rest is up to you. If you had to read only 2 books about investing in stocks, I would recommend Mark's two above all others.
C**N
Stock Market User Manual - Vol. 2
In How to Make Money in Stocks, William O'Neil explains a breakout style of stock trading, used by Jesse Livermore and many others. In Trade Like a Stock Market Wizard, Mr. Minervini gives instructions on how to implement such a system profitably, and he includes his own modifications. He has a clear, almost conversational writing style, and covers a myriad of situations with charts and examples.I was (still am) very new to stock trading when I read these books. They helped me immensely. I highly recommend this second book, Think and Trade Like a Champion.If you are curious about which of these books to buy, the answer is buy both. They are not repetitive. Think and Trade Like a Champion adds finer detail on what is covered in this book. I didn't realize how completely clueless I was about this until I read these great books.His third book, Mindset Secrets for Winning, is excellent, as well. If the first book describes the rules of the game and the second details what to do to be great at it, the third explains what prevents someone from winning and how to overcome those obstacles. This is not a perfect analogy, and I am sure Mr. Minervini could have said it better! (Thank you again for writing these books.)
D**N
phenomenal!
Mark has written a gem. Really a masterpiece that details how to trade using his system to achieve superior returns. When taken together with Minervini Private Access, and the Master Trader Program, you will enjoy a comprehensive education in how to enjoy very lucrative trading. Thanks Mark!
A**R
Excellent book by a legend
A book for any swing trader
G**E
A Must for Beginner to Intermediate
About half way through the book. The book contain information that can help you achieve better yield. However, some chapters can be too repetitive, it's like he need to reach a certain word count. Some of the techniques are simple yet powerful. Provides fundamentals to stock trading. Definitely recommend for beginner to intermediate level stock traders. For experts, I would recommend watching a YouTube video that summarizes the book. The only thing I dislike about the book is sometimes he cherry picks the graphs making a risky entry point seems like a high yielding investment (which is not for most cases). But, provides a safety net against it. 8/10.
M**.
Recommended recommended recommended!
I bought this book few weeks ago. I have many years of experience in investing in multiasset, even if I changed many styles with single stocks. Few years ago I discovered O'Neill book about Canslin and I liked it a lot. I tried to use it and I passed from losing a bit to gaining a bit. But I still needed something more. I bought other 2 books in the meantime (both trend following oriented because I understood that is the style for me) and I improved my performance. But not yet at the level I liked. After thinking a lot and reading positive reviews, I decided to give a chance to Minervini book.I was quite impressed, I think is a very good one and I regret it wasn't written before. I read it 3 times already, taking notes on my diary to create the plan and each time I find an idea or advice that I didn't catch in the previous reading.Of course I like a lot the part about when selling and buy, therefore I decided to focus on these patterns in the future. But a great thing of the book is the psychological part and the optimal size. I appreciated the idea about doing research on my own trades, and I discovered quite interesting bias in my trading.Hope that Minervini's book will help me to improve my trading. At the beginning I'll try to use it on European Markets that are the markets I know better, but can't exclude to jump in the US stocks.In Summary, if you are a trader that is not afraid to buy high to sell higher (or a bit lower if stopped) this is the book for you.The book will explain the optimal trading size to begin, letting grow the size when you're successful, and reduce it in difficult times.Definitively I recommend this book that I think it will open yourself a new world.
Trustpilot
2 days ago
2 weeks ago