%% Could be several reasons for that; easier to talk or write notes/write books than trade...……………………………[IBD founder did all of those well/ very well] What if anything did you get out of his book/andy99??????? Some thing else he did right. Like Bill Gates + Mark Zuckerberg , he quit school . I've seen IRS figures, most millionaires quit high school or quit college.
I like a lot of what I read in his books, it's smarter O'Neill, but it all breaks down if tights stops don't get you there. If he was out of the market for most of a decade, what does that tell about tight stops?
%% I could not find him on that link/ but markets are still open. I got more ideas from a trader/traders book listed on that link/Cynthia Kase.[no I haven't bought her software/LOL.] Rich Dennis noted ''do your own research''...…………………………………………………………………………………………………..
he is a self made millionaire and got that way via trading...you are bashing the dude hard because his methods didnt work for you, but is the problem the method, or you? concerning stop losses...Minervini clearly states that he places a max stop of 8% upon entering a trade, if it goes green he moves it up to breakeven/entry point, and from there can use different methods of exiting a position whether a trailing SL or closing 50% of the position while its green etc..If it goes red (essentially proving he was wrong either in timing or all together) he closes the position often times before his SL hits. what about any of that is bad exactly?