Okay so let's talk about the volume profile, and specifically the thin zone. If you've never used one, here's the whole thing in a sentence. It shows you how much trading happened at every price level, stacked sideways on your chart like a bar graph turned on its side. Fat area, tons of shares changed hands there. Skinny area, almost nothing did. That skinny part is the thin zone. And we care about it because where nobody traded, nobody has a position to defend, so there's no pressure sitting there and price can just slice right through. It's a hallway with nobody standing in it. So you hear it constantly. Oh my God, there's a thin zone, this thing is going to rip. Okay. Now here's where people get it wrong. I pulled up Apple in the room today and I asked everybody, with volume profile analysis, what do you

I want to give you one rule today, and it's the opposite of what feels right, so pay attention. We want to be the momentum, not enter on the momentum. Here's what I mean. When a move gets big enough that you notice it, the people who are going to make money on it were already sitting there before you showed up. You're not catching the move at that point. You're the person they're selling it to. So I do the whole thing backwards from how most people trade it. When one of my positions gets a big boost, that's my signal to take the money. Not to add, not to let it ride, take it. Because a boost like that is momentum, and momentum is when everybody wants in, which means everybody who wanted in already is now looking for somebody to sell to. And when something I want

Here's the rule I trade by, and pay attention to this one because it's the opposite of what feels right. We want to be the momentum, not enter on the momentum. By the time a move is obvious enough that you want in, the people who are going to make money on it are already sitting there positioned. You're not catching the move, you're the person they sell it to. So when one of my positions gets a big boost, that's me taking the money, not adding to it. And when something I want is getting hit, that's usually where I'm looking to get in. Does that make sense? Now here's how you know whether a level is worth getting in at. Anybody can draw a line on a chart. The line was never the hard part. Knowing whether somebody is defending it, is how we get paid. Watch the