Mark Minervini > Quotes

“there really is no intelligent reason to increase your trading size if your positions are showing losses.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“To compound your money, and not your mistakes, your goal is to buy on the way up—not on the way down.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“it’s better to lose correctly than to win incorrectly.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“Growth comes at the expense of comfort.”
― Mark Minervini, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market

“I fear not the man that has practiced 10,000 kicks once, but I fear the man that has practiced one kick 10,000 times. —Bruce Lee”
― Mark Minervini, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market

“The difference between interest and commitment is the will not to give up. When you truly commit to something, you have no alternative but success.”
― Mark Minervini, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market

“It’s not enough to have knowledge, a dream, or passion; it’s what you do with what you know that counts. The best time to get started is now!”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“Specialists get paid well, while those who know a little about many things make good conversation at parties.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“Losers average losers.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“If you want to be the best, you have to do things that other people are unwilling to do. —Michael Phelps, winner of 17 Olympic medals”
― Mark Minervini, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market

“Virtually every superperformance phase in big, winning stocks occurred while the stock price was in a definite price uptrend. In almost every case, the trend was identifiable early in the superperformance advance.”
― Mark Minervini, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market

“A new idea is delicate. It can be killed by a sneer or a yawn; it can be stabbed to death by a quip and worried to death by a frown on the right man's brow.—Charles Brower.”
― Mark Minervini, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market

“You want to get on board when institutional money is pouring into a stock and lifting it significantly higher.”
― Mark Minervini, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market

“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, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“Luck is a short-term phenomenon. In the long run, luck is for losers.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“the CLUM principle; comfortable equals less and uncomfortable equals more.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“If you find yourself getting stopped out of your positions over and over, there can only be two things wrong: 1. Your stock selection criteria are flawed. 2. The general market environment is hostile.”
― Mark Minervini, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market

“If you don’t have a plan, you will surely experience paralyzing emotions and second-guess yourself at key decision-making moments.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“Those who succeed big at anything all have the same attitude: You keep going until it happens or you die trying. Quitting is not an option.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“Trading is serious business with real money on the line. Why would you go into it without a well-thought-out plan of action? Yet, most people do.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“Mastery requires sacrifices; therefore, something must come first. Make a list, prioritize, and pursue accordingly: Focus, achieve, and then move to the next big goal.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“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, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market

“Not losing big is the single most important factor for winning big. As a speculator, losing is not a choice, but how much you lose is.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“My goal is not to buy at the lowest or cheapest price but at the "right" price, just as a stock is ready to move significantly higher. Trying to pick a bottom is unnecessary and a waste of time; it misses the whole point.”
― Mark Minervini, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market

“life is rich even if you are not.---things are happening everyday, good and bad, and that it was just a matter of deciding what I wanted to be part of.”
― Mark Minervini, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market

“if you have to buy one of these late-stage bases, buy small positions so as not to get pummeled if they fail.”
― Mark Minervini, Momentum Masters: A Roundtable Interview with Super Traders

“Calculating risks shrewdly is the main ingredient for consistent superior performance. Pros play percentage ball, and that’s why, in the long run, they are more consistent than amateurs. Therefore, it could be said that the difference between an amateur and a pro lies in consistency. Relying on the probabilities based on a positive mathematical expectation to win (your “edge”) will lead to success.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“Once I make a profit, that money belongs to me. Yesterday’s profit is part of today’s principal.”
― Mark Minervini, Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard

“but in the long run, holding overnight and over the weekend during powerful bull markets has worked in my favor by a large margin.”
― Mark Minervini, Momentum Masters: A Roundtable Interview with Super Traders

“How to Trade in Stocks.”
― Mark Minervini, Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market