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

Published: April 19, 2014, 8:52 p.m.

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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\\u2019s 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\\u2019t even turn on the television as a stock trader

Jump in!

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I\\u2019m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I\\u2019m 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\\u2019d like to give you a great piece of advice you can use in your life and trading journey\\u2026 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\\u2019t 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!

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