Mark Minervini

To protect capital and make gains sustainable

Turning the edge over more times increases compounded returns

Learning from outcomes improves future decision-making and discipline

To refine the process and learn from past trades.

To systematically review trades and improve the trading process.

More trials make expected profits more likely to materialize via the law of large numbers

To appreciate asymmetry and avoid underestimating potential loss or overestimating gains

Provides timely trade ideas and decisions from experienced trader(s)

Understanding rationale improves application and adaptability of strategies

To maintain consistency in applying the trading process

Precise entries allow better risk control and repeatable execution

To determine true profitability rather than relying on raw reward-to-risk or win rate alone

Capturing peaks/lows is nearly impossible and unnecessary for long-term profitability

Predicting tops is unreliable and distracts from executing a disciplined trading process

Because stock-specific screens may not apply to FCPO and can mislead if used unchanged.

Acquire practical, battle-tested techniques and routines

Direct teaching from proven performers accelerates learning and imparts underlying logic

They provide concentrated, practical instruction and advanced techniques not easily gained from casual sources