Mark Minvervini Quotes

Who on Earth is Mark Minvervini?

Mark Minervini is a stock market trader and author of books on stocks.

Books by Mark Minvervini

Best Quotes by Mark Minvervini

“As a stock trader, when you strip off what feels natural and learn to do what feels unnatural, you become supernatural.”

Mark Minvervini
Think & Trade Like a Champion

“Before I enter a stock position, the first thing I do is decide where I’m going to cut my loss. As the stock moves up, my priority changes to protecting my breakeven price. If I’m fortunate to have a decent gain, my priority shifts to protecting my profit.”

Mark Minvervini

“During a difficult trading environment your gains will be smaller and less frequent than during a healthy market. When this occurs, remember three words (with a nod to Nike): “Adjust” Do It! Always think risk in relation to reward. You must adjust your risk as a function of potential reward.”

Mark Minvervini
Think & Trade Like a Champion

“Expectancy is your percentage of winning trades multiplied by your average gain, divided by your percentage of losing trades multiplied by your average loss. Maintain a positive expectancy, and you’re a winner. My results went from average to stellar when I finally made the choice that I was going to make every trade an intelligent risk/reward decision.”

Mark Minvervini
Think & Trade Like a Champion

“Four very dangerous words: 'Just this one time'.”

Mark Minvervini
Think & Trade Like a Champion

“Hope is not a strategy.”

Mark Minvervini
Think & Trade Like a Champion

“I want to be at a profit immediately. If I don’t see a profit very soon after I buy the stock, I’m inclined to just get out.”

Mark Minvervini
Think & Trade Like a Champion

“I went from mediocre to a stellar performer when I told myself: To heck with worrying about the money and obsessing over the scoreboard. I’m just going to focus on being the best trader I can be and sticking to the rules. Then the money followed.”

Mark Minvervini
Think & Trade Like a Champion

“If you don’t have a plan, you will surely experience paralyzing emotions and second-guess yourself at key decision-making moments.”

Mark Minvervini
Think & Trade Like a Champion

“If you want success in the stock market, before you do anything, you should develop a plan.”

Mark Minvervini
Think & Trade Like a Champion

“If you want to mitigate risk effectively, you simply must acknowledge that stocks don’t manage themselves. You’re the manager, and it’s up to you to protect your hard-earned capital.”

Mark Minvervini
Think & Trade Like a Champion

“In the stock market, those who are not humble are destined to be humbled.”

Mark Minvervini
Think & Trade Like a Champion

“In the stock market, you can make money or you can make excuses, but you can’t make both. Do whatever it takes to eliminate your own personal excuses. Your road to success starts by taking responsibility. Don’t blame outside factors for your lack of success.”

Mark Minvervini
Think & Trade Like a Champion

“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 Minvervini
Think & Trade Like a Champion

“It doesn’t feel great breaking even on a trade that was once a profit, but it feels a lot better than when you let a good-size gain turn into a losing trade.”

Mark Minvervini
Think & Trade Like a Champion

“It’s better to lose correctly than to win incorrectly.”

Mark Minvervini
Think & Trade Like a Champion

“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 Minvervini
Think & Trade Like a Champion

“Luck is a short-term phenomenon. In the long run, luck is for losers.”

Mark Minvervini
Think & Trade Like a Champion

“Never stray from the basics of rule number one of always going in with a plan.”

Mark Minvervini
Think & Trade Like a Champion

“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 Minvervini
Think & Trade Like a Champion

“Once I make a profit, that money belongs to me. Yesterday’s profit is part of today’s principal.”

Mark Minvervini
Think & Trade Like a Champion

“Potential and possibility reside in the fertile field of the unknown.”

Mark Minvervini
Think & Trade Like a Champion

“Specialists get paid well, while those who know a little about many things make good conversation at parties.”

Mark Minvervini
Think & Trade Like a Champion

“The CLUM principle; comfortable equals less and uncomfortable equals more.”

Mark Minvervini
Think & Trade Like a Champion

“The key is to see things as they are—operating in the now—without seeing things as worse than they are out of fear, or better than they are out of greed.”

Mark Minvervini
Think & Trade Like a Champion

“The reason most investors fail to sell and cut their loss short is because they fear that after they sell the stock might go back up and they will be wrong twice. It’s driven by the fear of regret, which stems from pure ego!”

Mark Minvervini
Think & Trade Like a Champion

“There are many distractions that can cloud your judgment when trading. Your job is to keep your thinking pure and focused on what matters within your own circle of competence. The hallmark of a pro is to operate within this circle and ignore everything else.”

Mark Minvervini
Think & Trade Like a Champion

“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 Minvervini
Think & Trade Like a Champion

“To compound your money, and not your mistakes, your goal is to buy on the way up—not on the way down.”

Mark Minvervini
Think & Trade Like a Champion

“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 Minvervini
Think & Trade Like a Champion

“Trading without a stop-loss is like driving a car without brakes. Maybe you could make it around the block a few times, but if you did drive without brakes, how far do you think you could go before you crash?”

Mark Minvervini
Think & Trade Like a Champion

“Welcome to the slippery slope. When you tell yourself, I’m going to break my rule just this once, you open the door to losing discipline, because it’s never just “one time.” It’s like an alcoholic saying “Just one drink!”

Mark Minvervini
Think & Trade Like a Champion

“What exactly are you trying to accomplish? Do you want to make money, or are you engaged in an exercise in ego to prove that, somehow, you know more than the market?”

Mark Minvervini
Think & Trade Like a Champion

“Whatever gifts or ability someone might have been born with, success in the market comes from a concerted effort and a willingness to allow the learning curve to unfold, no matter how long it takes.”

Mark Minvervini
Think & Trade Like a Champion

“When a position moves against you and you’re at a loss, especially right after you buy, it’s simple—you made a mistake. It may be that you’re missing an element in your selection criteria, or your timing could be off.”

Mark Minvervini
Think & Trade Like a Champion

“When you sell half, if the stock goes higher you say to yourself, “Thank goodness I kept half.” If the stock goes lower, you’ll say, “Thank goodness I sold half.” Psychologically, it’s a win/win either way.”

Mark Minvervini
Think & Trade Like a Champion

“Winning horses don’t back up into the gate.”

Mark Minvervini
Think & Trade Like a Champion

“With each buy order I enter, I know the exact price where I am going to sell at a loss if things don’t work out as expected. I define this price level before I get in.”

Mark Minvervini
Think & Trade Like a Champion

“You deserve success! But only if you do the right things; the market has no pity on fools.”

Mark Minvervini
Think & Trade Like a Champion

“You must not risk more than you can reasonably expect to gain; otherwise, you’re stacking the odds against you, and that’s gambling.”

Mark Minvervini
Think & Trade Like a Champion

“You must shed the belief that there is something missing inside of you—some intelligence, aptitude, or special talent—that keeps you from “getting it.”

Mark Minvervini
Think & Trade Like a Champion