This man changed the life of millions of people. Here are the top 10 lessons 👇

95% of the strongest momentum setups I’ve traded have one thing in common: They don’t need much time to prove themselves! When I look for these setups, I want to see a very specific sequence: 1) An explosive move first Before the setup even forms, I want to see evidence of unusual demand. A stock may advance 50–70% within days or a few weeks. Sometimes it starts with a gap. Sometimes it’s a relentless move higher. The exact percentage matters less than the character of the move: strong price action, expanding volume and clear urgency. 2) A pause, not a breakdown After the initial move, I want the stock to digest its gains without giving too much back. It may tighten for a few days in exceptional cases, but I generally prefer a proper 3–5+ week consolidation. I want the stock to hold up while volatility contracts. 3) Tight price action This is one of the biggest differences between a setup I watch and one I actually want to trade. I don’t want wide, erratic swings. I want increasingly tight price action, higher lows and support around key moving averages. After an explosive move, the stock should become boring. 4) A fundamental reason for the move I don’t want price momentum alone. I look for strong sales and earnings growth, accelerating results, an important catalyst, or a powerful new story that can attract institutional money. The chart tells me WHAT is happening. The fundamentals help me understand WHY. 5) Heavy volume The initial move should leave a footprint. I want to see unusually strong volume confirming that meaningful demand entered the stock. A big price move on weak volume is much less interesting to me. 6) A clear breakout I don’t want to anticipate the move in the middle of the base. I want the stock to prove itself by breaking through a clearly defined level. That gives me a logical entry, a clear invalidation point and usually a relatively tight initial stop. 7) Immediate follow-through This is where many technically valid setups lose me. The best momentum stocks often act right almost immediately. If I buy the breakout and the stock cannot separate from my entry, repeatedly falls back into the base or simply goes nowhere, I pay attention. A breakout is not enough. I want confirmation after the breakout. 8) Room for a large winner I’m not looking for a 10% move and an automatic exit. When I catch a genuine market leader, I want to give it enough room to become a much larger winner. I may take partial profits into strength, but I use the trend—especially the EMA8 and EMA21—to help me stay with the position. 9) Patience before aggression This may be the most important part. I cannot manufacture these setups. Sometimes I find several. Sometimes I wait weeks for one that meets my standards. That’s why I don’t judge my trading by how often I trade. I judge the setup by the evidence in front of me. Explosive move → tight consolidation → strong catalyst → breakout → immediate follow-through. I’ve seen that sequence repeatedly in momentum leaders over the years. The difficult part isn’t knowing the pattern. It’s having the patience to reject everything that only looks close enough.

Don't focus on stocks that you know. Focus on stocks with enormous relative strength 👇

After 20+ years in the market, my trading has become simpler—not more complicated. I don't need dozens of setups, indicators, or strategies. I need rules I trust enough to follow when money and emotions are involved. Here are 20 of mine: 1. Cut losses quickly. I never average down. 2. Give strong winners room. I sell based on rules, not fear. 3. Position size matters as much as stock selection. 4. I trade with the market environment, not against it. 5. A valid setup isn't enough. I want exceptional setups. 6. If the upside doesn't justify the risk, I pass. 7. Liquidity matters. I want to be able to exit when I'm wrong. 8. I use the EMA 8/21 to help manage strong trends. 9. I journal my trades and regularly study them. 10. I make decisions from price action, not predictions. 11. I don't trade because I'm bored. 12. I don't gamble through earnings without a sufficient cushion. 13. I add to positions that prove me right, not positions that prove me wrong. 14. Volume confirms whether a move has real demand behind it. 15. The larger my profit cushion becomes, the more room I can give a leader. 16. I don't need to predict what happens next. I need to respond correctly. 17. Before I enter, I know my entry, risk, and exit plan. 18. I stick with one system long enough to understand it deeply. 19. I would rather take 2 exceptional trades than 10 average ones. 20. When there is nothing to do, I do nothing. Most of these rules are simple. Following them consistently when you're losing, frustrated, excited, or afraid of missing out is the difficult part. That's where trading experience is built.

The "holy grail" for trading success 👇

I rarely chase the initial gap-up. I’m much more interested in what happens AFTER the gap. Why? The gap shows me interest. What happens next tells me whether that interest is real. My process is simple: 1. Find the big gap A powerful gap on strong volume gets my attention. But I don’t need to be first. 2. Let the stock prove itself Many gap-ups fade within days. I let those stocks eliminate themselves. I’m interested in the ones that hold most of the move and refuse to break down. 3. Wait for the setup The best stocks often start to tighten. Volatility contracts, volume dries up, and a clear structure develops over the following days or weeks. Now I have something I can actually trade. 4. Define my risk Instead of chasing a stock after a huge move, I can often enter from a tight area with a clearly defined 3–5% stop. 5. Trade the next move I’m not trying to capture every dollar from the initial gap. I’m looking for the larger move that can develop AFTER the stock has proven itself. My routine: Big gap → holds the move → tightens up → breaks out → manage risk. I don’t care about being early. I care about finding the stocks where the initial excitement turns into sustained demand. Those are the gaps I keep watching.