
Ep. 132: Mark Minervini: How Discipline And Sacrifice Made Him A U.S. Investing Champion
Investing With IBD
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How Do You Minimize Risk?
The sideways market is the most dangerous for a breakout trader that uses tight stops. You get death by a thousand cuts when you roll over in such an environment. If things aren't working, and those i if trading's not working and i'm not producing a profits, i sit out and i wade it out. And i'll go in with little pilot buys, and just to keep my finger on the pulse and put my toe in the water until that's working. I never get aggressive until i'm having those pilot buys and those smaller buys work, and then i'll start increasing my exposure.
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