Mark Minervini (born on January 22, 1965), is an American renowned stock trader, investor, and author. He has around $33 million net worth as of 2023.
He gained widespread recognition in the financial industry for his exceptional success in the stock market.
In this article, we will delve into Mark Minervini’s biography, age, height, weight, family, career, wife, books, and net worth.
Mark Minervini Profile Summary
- Name: Mark Minervini
- Birth Date: born on January 22, 1965
- Age: 58 Years old ( as of 2023)
- Birth Place: South Carolina USA.
- Height: 5 Feet 7 Inches
- Weight: Around 65 Kg
- Profession: Stock trader, investor, and author
- Net Worth: $33 million
- Wife: Elena Minervini
Who is Mark Minervini?
Mark Minervini is a prominent American stock trader who has spent over 37 years working on Wall Street.
He is the author of the best-selling books “Trade Like a Stock Market Wizard” and “Think and Trade Like a Champion”.
Additionally, he has been interviewed in “Momentum Masters – A Roundtable Interview with Super Traders” by Jack Schwager and in “Jack Schwager’s Stock Market Wizards: Interviews with America’s Top Stock Traders” by Mark Minervini.
In 1997, Mark put up $250,000 of his own money and participated in the U.S. Investing Championship to showcase the effectiveness of his SEPA® trading approach.
Despite competing against highly leveraged futures and options traders, Mark traded a long-only stock portfolio and achieved a staggering 155% annual return.
This win demonstrated the power of his trading approach and cemented his reputation as a top stock trader.
Early Life of Mark Minervini
Mark Minervini has kept his parents hidden from the public eye for many years as he values their privacy.
Therefore, not much is known about them, except that his father was a businessman, and his mother was a lawyer. Since Mark has never mentioned having any siblings, it is assumed that he is an only child.
During his youth, Mark looked up to his father and aspired to become a wealthy entrepreneur like him.
While attending a local high school, he showed an interest in playing sports and developing his writing skills, but his main focus was achieving good grades to gain admission to a prestigious institution.
Mark has not disclosed which college or university he attended, but he obtained his Bachelor’s degree in the mid-1980s.
While he has not mentioned his graduate education, many of his followers believe that he completed a Master’s degree in the early 1990s.
Mark Minervini Age
Minervini, born on January 22, 1965, is currently 58 years old as of the year 2023. Having been born in Queens, New York, Minervini has witnessed the growth and changes in the city over the decades.
Despite reaching the age of 60, Minervini is still young at heart and continues to embrace life’s adventures.
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Mark Minervini Trading Career
Although Mark Minervini’s specific career path is unclear, it is known that he has been involved in the trading industry for over three decades.
He has managed several firms and contributed to various organizations, including the CMT Association, a non-profit organization for technical analysts promoting international collaboration among practitioners.
Aside from his professional endeavors, Mark is a published author.
His first book, “Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market,” was released in 2013 and has received high praise from various publications, authors, and investors.
In 2016, he published his second book, “Think and Trade Like a Champion: The Secrets, Rules, and Blunt Truths of a Stock Market Wizard,” which details his own success in accumulating $30 million in three decades.
Mark is still actively trading today and travels throughout the United States giving lectures at colleges.
His expertise and experience make him a valuable resource for anyone interested in investing in the stock market.
Mark Minervini Net Worth
Mark Minervini’s net worth has been estimated to be $33 million as of the year 2023, which is a significant increase from his estimated net worth of nearly $30 million in 2022.
This indicates that he has earned around $3 million in the past year, which is a substantial amount for any author.
What is Mark Minervini’s Strategy?
Mark Minervini’s trading strategy, known as SEPA® (Specific Entry Point Analysis), is a comprehensive approach that combines technical and fundamental analysis.
His strategy focuses on specific entry points, utilizing technical indicators, chart patterns, and momentum analysis to identify optimal buying opportunities.
Minervini also incorporates fundamental analysis to evaluate a company’s financial health and growth prospects. Risk management plays a crucial role in his strategy, with predefined exit points and stop-loss orders to control potential losses.
He follows the principle of trend following, seeking stocks in strong uptrends for long positions. Minervini emphasizes continuous learning and adaptation to stay ahead in the market.
Top 10 Facts About Mark Minervini
- Mark Minervini is a well-known investor, stock trader, and author.
- He has made a lot of money on the stock market and is known for it.
- Trade Like a Stock Market Wizard is one of his most well-known books.
- Mark’s net worth goes up from $30 million in 2022 to around $33 million in 2023.
- His pay is $3 million a year, and it could go up in the future.
- Mark has a lot of money because he writes books and trades stocks.
- He is good at dealing because he uses the SEPA® method.
- He writes books that sell a lot of copies and helps groups.
- Mark took part in a trading tournament and got a 155% return on his money every year.
- He is 58 years old, but he still trades and shares his knowledge.