📌Minervini is an American trader with an almost undefeated record in real trading. He won the first trading championship with a return rate of 155%, and won the championship again with a return rate of 334.8% in the second year😍😍🚀
In his trading career, it is said that he only suffered losses in one quarter of trading, and lost less than 1% of the principal
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Minervini never hesitates to share his trading methods. He said that he has been using the same trading strategies and methods for many years, and he has become very good at trading. What he does now is exactly the same as what he did in the past. He decided to participate in the 2021 US Trading Competition again to prove that his trading method can definitely stand the test of time, and it is profitable even if the market and the target are different/
Next, I will reveal all his strategies to you. Be sure to click the subscribe button and stick to the end~
Mark believes that trading is a serious business involving real money. Before trading, you must have a thorough battle plan and cannot fight an unprepared battle. His battle plan is a very precise method called the specific entry point analysis strategy, also known as SEPA🫡
The purpose is to screen out super strong stocks that are in an upward trend in both fundamentals and technical aspects, and enter the market at the right point and time , through a strict risk mechanism, you can get considerable returns most efficiently~
The first step to enter the strategy is to filter out candidate trading targets that meet your trading system through specific conditions, and then wait for the catalyst to appear and follow the trend/
Filtering means literally, by setting some conditions to filter out unnecessary signals. If the network port is too large, there will be many fish that do not meet the requirements. If the network port is too dense, it is easy to filter out good targets, so we must have our own screening criteria/
The Tradingview filter mentioned in the channel is the best tool at present. There are filters for various targets here, which can be automatically filtered according to our conditions, and the efficiency is very high!
The movement of stocks generally goes through four stages: accumulation, advancement, distribution, and decline. Most of the strong stocks have to go through the accumulation stage. After confirming that they have entered the advancement stage, they will start to rise sharply. Don’t rush to enter the market during the accumulation and consolidation stage. Our goal is not to buy at the lowest price, but to enter the market at the right price/
Mark has a trend template for selecting targets. The first is that the price and 50-day moving average are both higher than the 150-day moving average and the 200-day moving average, showing a bullish arrangement/
The second is that the 200-day moving average has maintained an upward trend for at least one month, and four or five months is even better/
The third is that the current price is at least 25% higher than the 52-week low, and the better ones can even be more than 100% higher/
The fourth is that the current price is no more than 25% away from the 52-week high. The closer to the new high, the better. This trend template can roughly filter out more than 90% of impurities. We subjectively believe that the remaining targets are already in a strong advancement trend!
Then we can understand their fundamentals and wait for the emergence of catalysts. For example, the launch of new products, important regulatory approvals, positive changes in companies or industries, the signing of major contracts, breakthrough and disruptive technologies, new solutions, etc., are all key factors that may often drive stock prices up/
You can compare the fundamentals and technical aspects of some targets with similar super-strong stocks in the past, so that you can have a general expectation of the subsequent trend. In the end, you only need to pay attention to the most potential ones and wait for the right entry opportunity!
The second step is to wait for the price to show a specific volatility contraction pattern, that is, VCP, which is the abbreviation of Volatility Contraction Pattern. It is a consolidation pattern in which the price fluctuation range and trading volume gradually shrink, especially when it is in a strong trend. The longer the consolidation time, the greater the volatility in the later period!
When the market is rising strongly, it encounters resistance and falls back to form a band low point and then begins to consolidate. As the trading volume and price fluctuations gradually shrink, the low point continues to rise, and finally forms a standard three bottoms👺
This relatively horizontal or descending convergence trend is usually a relay of rising, and the probability of continuing to rise is relatively high. At this time, the breakthrough is usually a rise in both volume and price/
Sometimes there will be false breakthroughs or failures in breakthroughs, and then enter the three bottom correction, that is, to form a new bottom, so we should not set the stop loss near the last bottom. It can be set at the lowest price position of the breakthrough K line to reduce losses, or at least below the second low point to prevent losses!
The second is the cup-handle pattern. The cup-handle pattern generally takes a long time to form. It will first have a U-shaped bottom, indicating that the price begins to steadily recover after a wave of declines. This stage is usually accompanied by a decrease in trading volume. After the cup is formed, the stock price will enter a shorter consolidation range, which is the handle. The trading volume at this stage will further decrease. The key to the cup-handle pattern is to identify the price breakthrough at the handle position, and the breakthrough must be accompanied by an increase in trading volume.
In 2021, he bought PAG stock, which was very classic. After more than a year of continuous rise, the stock price began to fall in mid-May 2021, and continued to rise in early July. The chart began to form a U-shaped cup trend. After August, it has been oscillating in a narrow range in a channel to form a cup handle. Mark entered the market and bought when the volume broke through on September 1. The increase was very considerable. You can see that the price has never returned to here!
The key to the success of the SEPA strategy is a set of detailed and strict exit mechanisms. This is the selling standard for whether the market is strong or weak, which he summarized based on his years of trading experience. There are also selling alerts before the crash. You can save it as a warning~
Okay, check if you clicked the subscription button to avoid missing out on more profitable trading strategies. I wish you good morning, good afternoon, and good night. Bye! 🫡#比特币减半 #大盘走势 #Meme