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

Disney had been sitting in a pennant, and a pennant gives you a measured move. That's the height of the pattern projected out from where price broke, and it's the chart telling you roughly how far this thing should travel if the breakout works. Disney's breakout worked, and it traveled, and then it got to that target and wicked right off it. So I took a fib to it. Mark was sitting at the 13% retracement with a real chance of wicking under, which is not what you want to see. Technically he had another point in him, up around 107. But the closest measured move had already been hit and the wick had already happened, and I would take my money here. Now, a month of time left feels like a reason to hold on to something. It isn't one, and this is where I watch people give it