My Diary

Trade like a stock market wizard by Mark Minervini

This is a good book for a trader who wants to understand what goes into buying trending stocks. Mark shares a great deal of information about his trading method and goes in-depth to explain this. There are numerous examples, as well.

Below are some memorable nuggets

Champions aren’t made in the gyms. Champions are made from something deep inside them — a desire, a dream, a vision.

—Muhammad Ali, three-time world heavyweight boxing champion
  • . . .most people have a natural tendency to overestimate what they can achieve in the short run and underestimate what they can accomplish over the long haul.
  • The difference between interest and commitment is the will not to give up. When you truly commit to something, you have no alternative but success. Getting interested will get you started, but commitment gets you to the finish line.
  • One thing you can count on is that history will repeat itself. The only question is: How good a student are you?

The world is full of people looking for a secret formula for success. They do not want to think on their own; they justwant a recipe to follow. They are attracted to the idea of strategy for that very reason.

Robert Greene

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