Mark Minervini doesn't fight the tape -- even with a 33,500% career return.
He explains why even an A+ setup fails 70-80% of the time in the wrong market -- and why the best traders sit out more than they trade.
The market decides your win rate. Not your chart.
Here's how I applied Progressive Exposure recently.
1/14 added 1 long
1/16 added 2 longs
1/19 added 1 long
1/22 added 1 long
1/23 added 2 longs
1/24 added 3 longs
1/27 added 2 longs
1/28 added 7 longs
1/29 added 3 longs
Note: This includes partial Pilot Buys, quarter and half positions. Gong right to the larger full positions occurred mostly from 1/24 - 1/28. Prior to that, the positions were quarter and half-sized.
Hey everyone! I've had many of you ask what I'm thinking here about the market. I made a short video with my comments as of today. Hope you find it insightful. Mark Minervini Market Analysis - 11/29/2022 https://t.co/pM1gEHH7za via @YouTube