Minervini's Six Reasons Most Traders Fail

Somehow, in the run-up to the holidays I missed this incredible moment in time – two of the best and most generous traders, in terms of sharing their knowledge and experience, had a live discussion.  Charles Kirk interviewed Mark Minervini on The Kirk Report in mid-December.

Here was an interesting bit on why most traders are unsuccessful before I send you over to Mark’s blog for the entire discussion…

***

Charles Kirk: Why do you think most traders fail?

Mark Minervini: Here are 6 reasons:

1. Poor selection criteria; usually based on personal opinion, theory or tips and bad advice

2. They don’t stick to and commit to an approach; style drift

3. Don’t cut losses (#1 mistake made by virtually all investors)

4. Don’t know the truth about their trading – they fail to conduct in-depth post analysis

5. Treat trading as a hobby not a business

6. Want too much too fast; learning a skill takes time

Go get you some knowledge, the rest at the link below…

Source:

Mark Minervini Interview with Charles Kirk of The Kirk Report (Mark Minervini’s Blog)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. Immediate Edge Review commented on Sep 23

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2011/01/03/mivervinis-six-reasons-most-traders-fail/ […]

  2. bitcoin era reviews 2020 commented on Sep 23

    … [Trackback]

    […] There you will find 24247 additional Information on that Topic: thereformedbroker.com/2011/01/03/mivervinis-six-reasons-most-traders-fail/ […]

  3. online dispensary commented on Oct 13

    … [Trackback]

    […] There you will find 29664 additional Info on that Topic: thereformedbroker.com/2011/01/03/mivervinis-six-reasons-most-traders-fail/ […]

  4. tangerine chequing account signin commented on Nov 26

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2011/01/03/mivervinis-six-reasons-most-traders-fail/ […]

  5. Library commented on Dec 30

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2011/01/03/mivervinis-six-reasons-most-traders-fail/ […]

  6. Regression Testing commented on Jan 18

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2011/01/03/mivervinis-six-reasons-most-traders-fail/ […]

  7. Philips FW365C manuals commented on Jan 20

    … [Trackback]

    […] Here you will find 20977 more Information on that Topic: thereformedbroker.com/2011/01/03/mivervinis-six-reasons-most-traders-fail/ […]