Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: Speak Your Mind and Get the Results You Want

Best book for Stock Trading. Talks about the value of Fundamental and Technical Analysis of a Stock. Risk management, position sizing, chart pattern to trade. Excellent book for all traders to learn the framework of Trading.

I think this book it good one. Binding and papers both are good.

Print quality is good..

G

I have been trading in Stock Markets for 2-3 years and luckily I have found Mark Minervini and his books very early in my trading career. This one and Think and Trade like a Champion (also written by the legendary trader) both together gives a complete trading strategy for superperformance. They contain everything - Risk Management, Trade Management, Money Management, Stock Selection,Timing of entry, How to sell, which stats of your trading need to be measured and adjusted,right mindset and psychology etc. This is a battle tested strategy and works very well in Indian Markets. Please google Minervini's legendary trading achievements to understand what this strategy can do. But you need to go through the books many times to take everything from them. I would also recommend to read all his tweets and interviews on various forums and take notes. This will help you understand his mindset and will put you way ahead of other traders.

Loved the book. Learnt a lot of new things about the market. Will read it over and over again to let the knowledge sink in

Very very good one. It has everything but only difficulty is executions.

The book is written as though Mark is speaking directly to you. In as simple a language as possible. You actually don’t need to go beyond Mark Minervini’s books

As most other traders on the globe, I myself have read numerous books on finance and trading in particular. Most of the reputable books written by well known authors in the trading realm. I came across Mark's book because I have subscribed to his tweeter feed. At first I wasn't sure if he was just always promoting his book to compensate from the sales. But I did more research on him and his background. On his website he mentions his annual event that he hosts, and last year he had David Ryan as guest speaker at that event. If you haven't heard of David Ryan, please read Market wizard by Jack Schwager. I said to myself if David Ryan had written a foreword to this book I should at least read it and evaluate it's content. I must say I was very impressed. Literally, this book may become a classic, he really explains what is vitally important to look for when searching for good companies to trade in. I found that the last two chapters in the book are the most important and he emphasizes on the importance of risk management. He brings clarity on the stop loss rule and the mathematical results if your stock is 10% below your purchase price and you haven't sold it. Mark mentioned in a podcast on @don'ttalkaboutyourstocks, that he had wanted to add chapters based on when to sell to keep most of your gains,but his publisher said it would be too much content. I realized after many of my trades, that the selling part is actually more important than the buying part. Well, he pointed out that if he were to write another book he'll add that in. For those of you contemplating on purchasing this book, at the price that it sells for it is worth the investment. It will save you the cost of the book and more if you apply his concepts. I would imagine that this book could be good for beginners, but only after you have read William O'Neil's book: How to make money in stocks, first. Basically Mark brings clarity to many of the questions in that book. Congratulations Mark on a well written book.

I have read both ‘Trade Like A Stock Market Wizard’ and ‘Think & trade Like a Champion’ multiple times over, having first read ‘Trade Like A Stock Market Wizard’ in April 2018. I have been trading for circa 2 years, originally focussing on UK AIM- listed stocks. After a brief period of success (during a roaring bull market, in which even a fool could have made a £ or ££), I came to realise that all the truly great companies (think Amazon, Facebook, Google etc. etc.) tended to emerge from the Capitalist-King of the world; the good old US-of-A. I then started researching UK- based brokers and found that it was achievable to partake in this roaring market. My head was then turned. I have read both books 3 times over (if not more if considering the individual chapter reads) and each re-read has provided a deeper and more thorough insight into Mark’s method and his work, which takes inspiration and initial guidance from many of the principles laid out by William O’Neill. This is not a re-fabrication of William O’Neill’s work. Oh no! This is completely original, raw and truly information beyond belief. Mark leaves no stone unturned and his desire to impart all his knowledge (over 30 years!!) into this book shines through. From start to finish, both books cover off a whole trading strategy. No wonder I now refer to it as my bible! If ever you are in doubt, re-reading the appropriate chapters (if not all!) is a great confirmer and confidence builder. Mark’s method is truly timeless. He often refers back to stocks spanning decades and you will begin to build an appreciation for how human behaviour doesn’t change over time and that patterns represent themselves time and time again. By applying Mark’s filtering skills to find these stocks and then applying a Specific Entry Point Analysis (SEPA – Mark’s ‘Golden Nugget’) to these stocks, you can then start to define high reward: low risk entry points, whilst also have a good grasp on sell violations and risk management. The complete cycle!! Post reading, I decided then to attend Mark’s 2017 Master Trader Program – held in the beautiful Myrtle Beach in South Carolina. If you think the books make good reading, wow!!! – the seminar was UNREAL!!... my thoughts as follows: I honestly cannot put into words how informative and well-structured the whole weekend was - clearly this has been many months in the making. Personally, coming from the UK and having viewed this as a 'risky' investment, I was a little unsure as to what to expect. I was thrilled to find that the accommodation and location was perfect, the mix of experience of attendees and the diverse of geographies was fantastic and Mark Minvervini and David Ryan portrayed their investment style (and individual traits and personalities) in such an easy-to-learn and fun manner. Whilst both are very passionate about what they do, Mark is very different to David and I think the mix in personas made the whole event very fun and enjoyable. No stone was left upturned and, to be completely honest, I am very much hoping that I can return next year. One thing I did take away from me is that this journey is never complete - you are always learning. Take for instance my first trade since returning to the UK; AMRN, Power Plat setup with a VCP forming in the high tight flag pattern with reduced volume. It looked a nice setup and so I tested the water with a light position, given my 'newness' to this chart pattern and the overall market. Unfortunately, I was stopped out. However, it's strange to think pleased about that! Normally, I would look to increase my stop and skew my risk: reward ratio, but now I can sit back and analyse the trade and look to see where I went wrong. So, in short, the trade was flawed however my discipline was excellent. I'm proud of that as that was an area of mine that I found most difficult. (This trade was made during a difficult trading period and my entry point was a little early – I’d say I was a little trigger happy to make a trade!). You will not be disappointed by either the books or the seminar. To achieve greatness, you have to invest in yourself first, right? Don’t overly dwell on the cost of the seminar – it is worth every $$$ and that’s from someone travelling from the UK!

Ich warne: Dieses Buch hat es in sich. Faktenreich, tolle Chartbeispiele und SEPA, eine von Minervini entwickelte Methode, um Wachstumsaktien zu identifizieren. In der Investmentwelt gibt es verschiedene Strategien. Die einen kaufen passiv ETF und halten diese für Ewigkeiten nach der Buy-and-hold Methode. Dann gibt es Value Investoren wie Graham oder Buffett, die anhand von Fundamentaldaten unterbewertete Aktien suchen und diese erwerben. Doch im Investmenthorizont gibt es eine weitere Strategie, die leider zu unrecht von vielen Investoren gemieden wird: Growth + Momentum Investing, also das Kaufen von Aktien mit steigenden Umsätzen, Gewinnen, Margen sowie Preisen. Während im Value Investing zu "teure" Aktien gemieden werden, sind im Growth Investing genau diese Aktien von Interesse. Denn ein hohes P-E-Ratio kann darauf hinweisen, dass Anleger auf Gewinnwachstum setzen. Das ist ein positives Signal, denn diese Erwartung zeigt das Vertrauen in die weitere Entwicklung des Unternehmens. Zudem existiert der Momentum Effekt, eine bis 1700 nachgewiesene, starke Marktanomalie: Aktien, die über einen bestimmten Zeitraum gestiegen sind, setzen diesen Trend fort. Minervini kombiniert in seinem Buch die Analyse von Fundamentaldaten, technische Analyse sowie die Auswahl idealer Einstiegszeitpunkte in Wachstumsaktien und belegt seine Kriterien. Das Buch ist verständlich geschrieben, führt zusätzlich ins Money und Risikomanagement ein und eröffnet eine neue Investmentstrategie mit großen Potentialen. Das Buch ist ein Muss sowohl für Value Investoren, die über den Tellerrand schauen wollen, als auch für jene, die wissen wollen, wie man Aktien mit >100% Wertzuwachs in kurzer Zeit systematisch identifizieren kann. Natürlich gelingt nicht jedes Investment, denn letztlich sucht man sich lediglich Aktien mit hoher Wachstumswahrscheinlichkeit aus, aber die Investmentkriterien in Kombination mit intelligentem Risiko- und Moneymanagement versprechen gute Renditen :)

I’ve started investing last 2015 but I have little to no progress. Last year the pandemic hit, lost my job due to covid. I decided to trade with my savings. But before that, I committed myself to improve and learn. Thankfully I bumped to this book. Since then, I more than doubled my account. Looking back, I see why I’m not profitable. I give this book one of the best trading book ever.

O melhor dos melhores! Este livro é o mais completo que já li sobre o estudo de tendências, comportamento de preço, volume, e fundamentos de empresas que possuem uma performance acima da média na bolsa. Estudo já há algum técnicas para seguir tendencia no mercado mas gosto de misturar comportamento de preço (demanda do mercado) com fundamentos da empresa. Já li muitos livros de análise técnica dos mais diversos assuntos e também já li vários dos livros indicados pelo Florian Bartunek, Henrique Bredda, Dynamo entre outras. O livro do Minervini é fora de série. Aborda diversos assuntos de maneira muito esclarecedora. Pra quem já estuda tem bastante tempo, ele faz muito bem o trabalho de juntar vários conteúdos distintos e te entregar uma filosofia de investimentos que te faz focar nas informações essenciais. Definitivamente dos mais de 30 livros que li, este está no top 3. Por causa disso minhas próximas duas leituras são os outros 2 livros dele. Vale cada centavo!