Trading Super-Performance | Interview with Mark Ritchie II

Trading Super-Performance | Interview with Mark Ritchie II | Momentum Masters

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Күн бұрын

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📰 TL Trading Academy: traderlion.com/YT-TLA Welcome back to the TraderLion Podcast. Today we are featuring an Interview with Mark Ritchie II who was featured in Momentum Masters with Mark Minervini, David Ryan, and Dan Zanger.
Mark is a managing partner at RTM Capital rtmca.com/ and an experienced growth trader.
In this interview we cover an extensive amount of topics including his Background, Early Mistakes, Developing his Style, Post Trade Analysis, Risk Management, and Stock Selection. We also go through multiple chart examples and discuss buy points, stop loss management, and position management.
Connect with Mark
/ rtmadvisors
Books Mentioned
Trade Like a Stock Market Wizard: amzn.to/3sQmo0n
Think and Trade Like a Champion: amzn.to/32Mwnt2
Mindset Secrets for Success: amzn.to/3ew1bmZ
Momentum Masters: amzn.to/3xk2uy6
Market Wizards- Jack Schwager -amzn.to/3sO7g3p
Enjoy!
- The TL Team
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Timestamps:
0:00 Introductions
0:45 Mark's Background, Trading Evolution
3:00 Trading for a Prop Trader, Learning about Charts
4:59 Developing his current Style
7:50 Turning over an Edge
10:00 Low Risk Entries
15:12 How to Manage Risk
17:30 Progressive Exposure
22:10 Taking Losses is the cost of doing business
24:20 No system works all the time
27:50 Recommended Books
32:00 Relationship with Mark Minervini
34:00 Your Trading Results is a Reflection of your Personality
37:25 Post Trade Analysis
43:50 Weekly and Daily Routines
52:10 Combining Fundamentals and Technicals
55:00 The best trades combine fundamentals and Technicals
56:40 Top Down Approach or Bottom Up
59:40 RVLV Trade Review
1:09:50 Multiple Timeframes, Intraday Chart
1:10:45 Uranium ETF trade
1:14:50 How to find the Pivot Point
1:18:00 CRLBF Trade. Fundamentals and Technicals
1:23:00 Personal Research
1:25:25 Advice for New Traders

Пікірлер: 93

@TraderLion 2 ай бұрын

📘 Get your FREE 115-page Ultimate Trading Guide! - traderlion.com/YTC-UTG 👇 What you'll learn! -------------------------------------------------------------------------------------------------------------------------------------------------------------- Lesson 1: Build a sturdy trading foundation to overcome the biggest obstacles holding you back. Lesson 2: Master 3 powerful trading setups to adapt and thrive in various market conditions. Lesson 3: Efficiently screen and find top-performing stocks with strong momentum and high growth potential. Lesson 4: Establish a streamlined risk management strategy using stop losses, position sizing, and portfolio heat analysis. Lesson 5: Optimize selling decisions by identifying late-stage bases or key trend reversals by analyzing daily and weekly charts. Lesson 6: Sharpen your trading analysis and decision-making by integrating cutting-edge analytical tools and techniques. Lesson 7: How to establish and maintain routine weekly and daily trading practices to ensure consistent performance and continuous improvement.

@ultimatefelix 2 жыл бұрын

This is certainly an interview to watch over and over again

@TraderLion 2 жыл бұрын

Definitely!

@ReadAndGrow 2 жыл бұрын

Outstanding interview! I really enjoyed hearing how Mark stared at the markets, how he tested his systems and how this led to success. And the best quote "there is no shortcut to experience" LOVE it!

@TraderLion 2 жыл бұрын

Glad you enjoyed it!

@Carlito-lz5fp 2 жыл бұрын

Not too much expectations with this interview. Turned out however to be one of my Richard Moglen's favourites. "Trading becomes an expression of who we are. Why in some ways this is the ultimate game or sort of bet on yourself: you have to identify what your strengths and weaknesses are and then make some adjustsments."

@TraderLion 2 жыл бұрын

Glad to hear that! I really enjoyed talking with Mark

@cetilly 2 жыл бұрын

Yeah, same here. Enjoyed the interview much more than expected.

@kellcious 2 жыл бұрын

Great guest. Would like to Ritchie periodically in the channel as he explains so well.

@TraderLion 2 жыл бұрын

Thanks WIlson!

@quacker1982 2 жыл бұрын

How the heck did I miss this interview.. Thanks again for quality content.

@TraderLion 2 жыл бұрын

Timestamps: 0:00 Introductions 0:45 Mark's Background, Trading Evolution 3:00 Trading for a Prop Trader, Learning about Charts 4:59 Developing his current Style 7:50 Turning over an Edge 10:00 Low Risk Entries 15:12 How to Manage Risk 17:30 Progressive Exposure 22:10 Taking Losses is the cost of doing business 24:20 No system works all the time 27:50 Recommended Books 32:00 Relationship with Mark Minervini 34:00 Your Trading Results is a Reflection of your Personality 37:25 Post Trade Analysis 43:50 Weekly and Daily Routines 52:10 Combining Fundamentals and Technicals 55:00 The best trades combine fundamentals and Technicals 56:40 Top Down Approach or Bottom Up 59:40 RVLV Trade Review 1:09:50 Multiple Timeframes, Intraday Chart 1:10:45 Uranium ETF trade 1:14:50 How to find the Pivot Point 1:18:00 CRLBF Trade. Fundamentals and Technicals 1:23:00 Personal Research 1:25:25 Advice for New Traders

@parkashbasyal2431 2 жыл бұрын

I need to be in sync with my strategy and my strategy needs to be in sync with markets, Making of Champion❤️

@cetilly 2 жыл бұрын

That was a real gem. When me and/or my system aren’t in synch then dial it back

@shouvikghosh1653 2 жыл бұрын

@TraderLion Plz take Dan Zanger's interview

@johncompton7160 2 жыл бұрын

Simply awesome. Thank you to Richard and Mark.

@TraderLion 2 жыл бұрын

Our pleasure!

@thebeginnerukuleleplayer4285 2 жыл бұрын

Brilliant guys. Enjoyed it thoroughly

@paritoshpandya3287 2 жыл бұрын

Seems he speaks plain mindset and less of theories....wonderful

@TraderLion 2 жыл бұрын

Glad you enjoyed it!

@supasawatkittisuttho2798 2 жыл бұрын

Thanks a lot Richard and Mark for great interview. Questions asked were still very hit to the point and helpful.👍👍😁

@TraderLion 2 жыл бұрын

Thanks!!

@user-qf2gk6mm8v 2 жыл бұрын

I learned a lot from this interview! Thank you!

@TraderLion 2 жыл бұрын

Awesome! Thanks for watching!

@hico4331 2 жыл бұрын

37:15 is very very very helpful to me!!!!!!!!!!

@TraderLion 2 жыл бұрын

Nice!

@jiaoyizhidao 2 жыл бұрын

great interview! surprisingly some golden nuggets here.

@TraderLion 2 жыл бұрын

Thank you!

@kimktteng8527 2 жыл бұрын

Your trading results is a reflection of your personality! How true it is! Great interview Richard and Mark, tonnes to learn from the greatness !

@TraderLion 2 жыл бұрын

Glad you enjoyed it!

@xilllllix 2 жыл бұрын

great interview! mark is one smart fella! bonus is he's a great teacher as well!

@TraderLion 2 жыл бұрын

Definitely!!

@shrikrishnau2947 2 жыл бұрын

Awesome Interview.. Thanks and grateful to both for this gem. Learnt a lot of things. All the best.

@TraderLion 2 жыл бұрын

Our pleasure!

@Sfdota 2 жыл бұрын

Awesome! Thank you so much for great interview :D

@TraderLion 2 жыл бұрын

Thanks for watching!

@gsingh144 2 жыл бұрын

Thanks for this Richard was on the MTP over the last week and got to hear from Mark so this wasn’t to be missed!

@TraderLion 2 жыл бұрын

Our pleasure!

@rifqonkhairazi1797 2 жыл бұрын

Oh god, you got to chill trader lion. You guys interview so many world’s best already. Anyway, thank you for sharing this. Best!

@TraderLion 2 жыл бұрын

Hahaha thanks for watching

@michaelzagel3720 2 жыл бұрын

Great interview. Enjoyed every second.

@TraderLion 2 жыл бұрын

Awesome!

@kaihamill5098 Жыл бұрын

19:00 Oh yeah baby progressive exposure, add quickly, reduce quickly

@TraderLion Жыл бұрын

Such an important and challenging aspect of trading to master.

@graerindley6312 2 жыл бұрын

Revenge trading occurs by people who think that trading is like a football match. In other words they think that if they just keep going in harder and harder against their opponents that they will somehow win simply out of a aggression (like a boxer). But in trading there is no opponent, only yourself. So theres no point in fighting yourself.😀

@frankbrancato3997 2 жыл бұрын

Anyone know how he did the relative strength scan that he talks about in the interview?

@darioteodori4811 Жыл бұрын

Wow very inspiring. I started trading about a year ago, and quickly leaned on quantitative path. Was able to put together 3 mean reversion strategies but none momentum seemed to work so after research i found marks startegies read both of his books and about to put some capital to a similar approach. Was a bit unsure on what to do. The advise of treating them as employees was on point.

@figgy163 2 жыл бұрын

Excellent interview, great strategies, liked how “clean” Mark’s charts were. Thanks to both and all @Traderlion Happy Thanksgivings 👊

@TraderLion 2 жыл бұрын

Our pleasure! Happy thanksgiving Tony!

@ultimatefelix 2 жыл бұрын

Excellent interview!

@TraderLion 2 жыл бұрын

Thanks!

@juandeltoro5189 2 жыл бұрын

Great Interview Guys! 👍

@TraderLion 2 жыл бұрын

Thanks for watching!

@jimbush80528 2 жыл бұрын

This is awesome. Advice worth gold.

@TraderLion 2 жыл бұрын

Glad you think so!

@TraderLion 2 жыл бұрын

Definitely!!

@BalaKrishnan-uy8ph 2 жыл бұрын

Awesome!!!!

@TraderLion 2 жыл бұрын

Thanks!

@ELW644 Жыл бұрын

You done a great work, I watched it for 3rd time and still counting.

@TraderLion Жыл бұрын

Thank you! There's a lot to take away from this one.

@berlin5403 2 жыл бұрын

Mark if you are reading this : why you are not blessing twitter ?

@vincentip9944 2 жыл бұрын

GREAT !!!. Thx

@TraderLion 2 жыл бұрын

Thanks for watching!!

@mudasar1 2 жыл бұрын

Mark is always ready to help like Richard !!

@TraderLion 2 жыл бұрын

haha thanks!

@HNandish 2 жыл бұрын

Nice one, Richard

@alexanderinsubordinate1861 2 жыл бұрын

No, this is Ritchie number two not number one.

@TraderLion 2 жыл бұрын

Thank you kindly!

@_vox 2 жыл бұрын

wow this was great

@TraderLion 2 жыл бұрын

Thanks!

@mmm-cake 8 ай бұрын

Thanks guys

@TraderLion 8 ай бұрын

Our pleasure!

@mohammadfarzan230 2 жыл бұрын

Thanks

@TraderLion 2 жыл бұрын

No problem!

@pokepals4840 3 ай бұрын

Brilliant, thanks guys 👍

@TraderLion 3 ай бұрын

Glad you enjoyed it!

@Angel-AFA 2 жыл бұрын

1. Concern the low risk entry 2. risk manage and take losses as opportunity cost 24:33 no system works all time 1:18:21 well teacher, thanks 1:26:33 small amount of money and little time are unable, no excuse to take too much risk to small account, must manage as same way to big account.