Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market (BUSINESS BOOKS)

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!

Reading this book was a real light-bulb moment for me. It is brilliantly written in terms of strategy, risk and encouragement to persist. But there is nothing new here, its a straight forward and logical approach to the market and to be honest I wonder why everyone isn't applying these principals - it seems so obvious having read the book! Mark focuses equally on both technical and fundamental factors. The technical content is founded on identifying low risk break outs from correct base structures in a Stage 2 uptrend, supported by volume at key points. No lagging indicators (which I have never been a fan of) - price and volume, that's it. The fundamentals focus on earnings and sales growth, estimate revisions and surprises, market leadership, industry group leadership and catalysts for further growth. Most importantly Mark's words are backed by decades of stellar performance - he is a Market Wizard for good reason. In terms of strategy, this book, Mark's other book (Think and Trade Like a Champion) and O'Neil's book (How to make Money In Stocks) are all I will ever read. Mark also offers insight via Twitter into how he applies his own principals on a daily basis, which is hugely helpful. An absolute legend - thank you Mark.

I wish I had read this book in 2010 when I first started to trade, though sometimes you have to learn from your mistakes and then it all comes together when you read a book such as this one. This book has now helped me clear my mind and add what is missing in my system and rules, I feel like that finally, from the last 3-5 years of mediocre returns I can excel to double digit annual returns now, all this was a few filter additions needed to my software thanks to Mark. If you want to start trading or are already on your journey then this book is a must for anyone that wants to buy and sell stocks, whether short term or long term as an investor. I have just bought Mark’s other books from Amazon USA as they are not available on Amazon UK, you might need a USA address for delivery then can be posted to you in the U.K. This book however is available to U.K. buyers and delivers to U.K. so get it whilst you can if you are in the U.K. I don’t usually write long reviews for a book, but this one deserved it as if you know of Jesse Livermore one of the greatest traders to live, then Mark is a true disciple living today! Proving and actually achieving the returns today just as Jesse was in the early 1900s. In life there are moments that are Ah ha, in this book I found that Ah ha moment, it could be something in this book for you as a trader that joins the missing dots and tees and change your trading journey forever for the better like it has done for me, good reading and take control of your financial future and outcome from trading!

Excellent book. Great advice even for non-US investors. There aren't as many superstocks around as there were in the bull periods in the US economy which make up many of the examples in the book, but the approach and principles are just as relevant today. The section on risk and money management is also very good for traders and investors alike.

The best book on Trading I have ever read. Skilfully written easy to follow.

Most books on investment are worthless. This is excellent. Before buying, consider your own capabilities: * 80% of us are not able to manage our investments, and should buy a global index tracker and forget it. You will do better than most. * of the other 20%, you can run your own investments if you prepare before starting. Read good books, and become familiar wi the concepts of diversification and asset allocation. Then buy good funds and investment trusts; apart from annual rebalancing forget them. * finally we have around 1% who have the temperament and dedication, who could be reasonably successful as holders of individual stocks. This book will show you one way to do it; and has some excellent teaching principles for all styles of investor. Before buying this book you should have a reasonable understanding of how stock markets work; it is not for beginners. Do not buy this if you seek a system guaranteed to bring success: there is no such thing. However, this book rewards study even if you decide not to proceed to deal in individual shares. For myself, I have read it carefully, highlighting key points. Next I shall buy the second Minervini book, and subsequently re-read both. Then I may try to develop a strategy based on Minervini's principles and start with £10,000 in a separate account. If at any stage I give up, I shall not have wasted the benefits learned.

This is one of the best investment books I have read in many years, it is so good that after my first read, I decided to read again and take notes. I invest mainly using Jim Slaters Growth at a resonable price (GARP) from The Zulu Principle technique, and have been very successful over the years. But Mark Minervinni new book Trade Like a Stock Market Wizard will add to my approach, I am busy now adding new investment rules which I am keen to implement. The most valuable lesson is how Mark Minnervini clearly explains the technical side and the use of chart for timing purchases of stocks. Even though I have used both fundamental and technical criteria successfully in the past, it was as if a light bulb moment reading how he times purchases and sales. Because I had already read William O'Neal / How to Make Money in Stocks and Jesse Livermore / How to Trade in Stocks which Mark Minervini was clearly influenced by, I already new about and traded in a similar way, but I needed someone to clearly demonstrate how to use the information to turn good performance into super performance, which I feel will be the case.

I highly recommend this book if you are a momentum-minded trader or investor. One major starting point (openly and expressly credited by Mr. Minervini) for the book is Stan Weinstein's "Profiting in Bull and Bear Markets" which introduces the concept of Stage Analysis. Mr. Minervini's approach incorporates some fundamental analysis relating to earnings growth and cash flow which is an interesting development as Weinstein treated fundamental analysis as a distraction. The author has walked the walk and won the T-shirt in his investing life. I don't claim this book will put the Ferrari on the drive etc, but it is a good clear development of the original stage analysis concept and if followed the model has the potential to do very well for you. I have to say that (in line with the Forward by Mark Ryan) the concluding chapters on Risk Management are worth reading first. Even if momentum trading/investment is not your thing (and it justifiably does not appeal to everyone) the chapters on risk management are punchy and convincing - the sort of thing every investor and trader should read once a year to keep themselves in tune. Others will decide whether this is an 'investing classic' type book; I merely assert that I found it a compelling and attractive read which has helped drive forward my own philosophies of investment.

トレード始めたい人が読むべき本(もちろん他にも読むべき本はたくさんある)。長く続けたい人は特にリスク管理について書かれていることが重要になってくると思う。

You won't be the same person after read this. The way you see stocks will change drastically. Amazing content.

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 :)

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!

Muy buen libro, un libro obligatorio para cualquier especulador