Mark Minervini quotes

Mark Minervini is a renowned stock market trader and author, known for his expertise in momentum investing. With over 30 years of experience, Mark has achieved remarkable success in the financial industry. He is the author of the best-selling book "Trade Like a Stock Market Wizard" and is a regular contributor to popular financial media outlets. Mark's proven strategies and insightful market analysis have earned him a loyal following of investors seeking to maximize their profits. Learn from the best with Mark Minervini and take your trading to the next level.

As a stock trader, when you strip off what feels natural and learn to do what feels unnatural, you become supernatural.

- Mark Minervini

You deserve success! But only if you do the right things; the market has no pity on fools.

- Mark Minervini

There are many distractions that can cloud your judgment when trading. Your job is to keep your thinking pure and focused on what matters within your own circle of competence. The hallmark of a pro is to operate within this circle and ignore everything else.

- Mark Minervini

Only get aggressive when trades are working well; scale back when they're not.

- Mark Minervini

When a position moves against you and you’re at a loss, especially right after you buy, it’s simple—you made a mistake. It may be that you’re missing an element in your selection criteria, or your timing could be off.

- Mark Minervini

Before I enter a stock position, the first thing I do is decide where I’m going to cut my loss. As the stock moves up, my priority changes to protecting my breakeven price. If I’m fortunate to have a decent gain, my priority shifts to protecting my profit.

- Mark Minervini

Don't force trades - wait for proper stocks setups. How long? As long as it takes!

- Mark Minervini

Every major correction begins as a minor reaction. You can't tell when a 10% decline is the beginning of a 50% decline until after the fact, when it's too late.

- Mark Minervini

If you can't manage risk you will never perform really well over time; superperformance will at best, be a hit or miss affair.

- Mark Minervini

In time, there will always be a trade that meets your criteria and delivers easy dollars... and over time there will always be fools that rush and lay the groundwork for such opportunities.

- Mark Minervini

Never add to losers.

- Mark Minervini

Only buy in the direction of the trade.

- Mark Minervini

Practice does not make perfect. Practice only makes habitual.

- Mark Minervini

During a difficult trading environment your gains will be smaller and less frequent than during a healthy market. When this occurs, remember three words (with a nod to Nike): Adjust Do It! Always think risk in relation to reward. You must adjust your risk as a function of potential reward.

- Mark Minervini

Expectancy is your percentage of winning trades multiplied by your average gain, divided by your percentage of losing trades multiplied by your average loss. Maintain a positive expectancy, and you’re a winner. My results went from average to stellar when I finally made the choice that I was going to make every trade an intelligent risk/reward decision.

- Mark Minervini

Four very dangerous words: 'Just this one time'.

- Mark Minervini

Hope is not a strategy.

- Mark Minervini

I want to be at a profit immediately. If I don’t see a profit very soon after I buy the stock, I’m inclined to just get out.

- Mark Minervini

I went from mediocre to a stellar performer when I told myself: To heck with worrying about the money and obsessing over the scoreboard. I’m just going to focus on being the best trader I can be and sticking to the rules. Then the money followed.

- Mark Minervini

If you don’t have a plan, you will surely experience paralyzing emotions and second-guess yourself at key decision-making moments.

- Mark Minervini

If you want success in the stock market, before you do anything, you should develop a plan.

- Mark Minervini

If you want to mitigate risk effectively, you simply must acknowledge that stocks don’t manage themselves. You’re the manager, and it’s up to you to protect your hard-earned capital.

- Mark Minervini

In the stock market, those who are not humble are destined to be humbled.

- Mark Minervini

In the stock market, you can make money or you can make excuses, but you can’t make both. Do whatever it takes to eliminate your own personal excuses. Your road to success starts by taking responsibility. Don’t blame outside factors for your lack of success.

- Mark Minervini

Investing styles may differ among successful market players, but without exception, winning stock traders share certain key traits required for success. Fall short in those qualities and you will surely part ways with your money.

- Mark Minervini

It doesn’t feel great breaking even on a trade that was once a profit, but it feels a lot better than when you let a good-size gain turn into a losing trade.

- Mark Minervini

It’s better to lose correctly than to win incorrectly.

- Mark Minervini

Long-term success in the stock market has nothing to do with hope or luck. Winning stock traders have rules and a well-thought-out plan. Conversely, losers lack rules, or if they have rules, they don’t stick to them for very long; they deviate.

- Mark Minervini

Luck is a short-term phenomenon. In the long run, luck is for losers.

- Mark Minervini

Never stray from the basics of rule number one of always going in with a plan.

- Mark Minervini