oscepicsportssc sclivesc feminino - Minervini emphasizes that trading isn't just about picking winners; it's about managing risk. Think of risk management as your seatbelt. It doesn't guarantee you won't crash, but it *significantly* increases your chances of survival. Minervini’s risk management strategy is straightforward: *never risk more than 1-2% of your capital on a single trade*. This means if you have a $10,000 account, you should only risk $100-$200 per trade. This rule ensures that a losing trade doesn't wipe out your account. So, how do you do this? *Always use stop-loss orders*. A stop-loss order automatically sells your stock if it hits a certain price, limiting your losses. Where should you place your stop-loss? Minervini often places it just below a key support level or below the low of a consolidation pattern. The exact placement depends on the chart pattern and volatility of the stock. Also, Minervini *sizes your positions* based on your risk tolerance and the entry price. The idea is to adjust your position size so that your potential loss stays within your 1-2% risk limit. He doesn't just look at the potential reward; he's constantly thinking about what could go wrong. Minervini also *monitors his trades closely*. He reviews his trades regularly and adjusts his stop-losses as needed. Risk management isn't a one-time thing; it's a *continuous process*. He is always ready to change things. By following these risk management principles, you'll be able to protect your capital and stay in the game long enough to find those big winners. The **Mark Minervini TradingView Screener** assists in analyzing charts.
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* **IG:** IG is a well-established broker with a wide range of trading instruments and a user-friendly platform. They are regulated by BaFin and the FCA.
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