Years ago, while I was a student in Tim Sykes’ Trading Challenge, I noticed that a fellow student was a truly standout trader.
We had many similarities, like our mutual love for shorting over-hyped momentum stocks.
But we also had many differences. He was looking at all kinds of setups, from swing trades to low-float long scalps, while I’ve always been extremely focused on my specific short selling strategy.
Have you guessed who I’m talking about yet? You might’ve heard of him — his name is Tim Bohen.
Bohen and I have both come a long way since the Trading Challenge. We learned all of our skills from Tim Sykes, but today we’re both established trading mentors in our own right.
Trading is our game — but teaching is our passion.
And speaking of teaching … Bohen has come up with a brand-new strategy that he’s finally ready to reveal to the world — 24-Hour Rockets!
The 24-Hour Rockets strategy is averaging 100% peak gains PER DAY! Bohen’s essentially doubling his account every day by following a few simple steps. This is INSANE!
Don’t miss Bohen’s exclusive 24-Hour Rockets event with Sykes on Wednesday, January 26 at 8 p.m. Eastern. Reserve your spot here — it’s free when you sign up.
Bohen’s new trading outlook has inspired me to compare and contrast our styles.
After all, if Bohen is evolving his strategy with such enormous success — maybe there’s a way I can apply the same ideas to my trading mindset.
First, let’s talk about some of the similarities between how Bohen and I approach our trading…
- The three-item checklist
We use the same three-item checklist to determine what stocks we’re willing to trade — volume, chart, and catalyst. Let me explain…
If a setup doesn’t show elevated volume — pass.
If a setup doesn’t display the technical indicators we look for in a chart — pass.
If a setup doesn’t have a major catalyst — pass.
However, if we find a setup that checks one (or more) of these boxes — it’s time to pay attention.
- Trading the best setups only
The biggest similarity between me and Bohen is how selective we are with our trades (and our watchlists).
We agree that if you’re looking at a watchlist of hundreds of stocks, you’re setting yourself up for failure.
If you don’t narrow your watchlist down to the best setups only, you could find yourself overwhelmed with the number of stocks on your radar.
Instead, do what Bohen and I do every single day. Pick a few five-star setups and only watch those.
That way, when the perfect moment to enter the trade emerges, you’ll be ready while others are busy staring at hundreds of irrelevant tickers.
Although we both learned from Sykes, Bohen and I developed our own unique styles over the years…
Here are some of the differences between how Bohen and I trade…
- Our favorite technical indicators
Bohen LOVES to use the volume-weighted average price (VWAP) as his leading technical indicator. These days, when he looks at charts, he’s hyper-focused on VWAP.
On the other hand, I rarely pay attention to the VWAP. Instead, I prefer to trade based on the price action near key price levels.
You’ve heard me explain this time and time again. I even wrote an entire blog about this topic just last week.
When I see those key levels crack on a high-volume momentum stock, I’m getting ready to load up my puts.
Bottom line: For Bohen, it’s all about the VWAP. For me, it’s all about the key price levels.
- Time horizons
If you’ve been an Evolver for a while, you’ll know that I exclusively trade short-dated options. The setups I love tend to play out quickly on huge volume.
And because I’m trading weekly options — where gains can evaporate in seconds — I like to get in and get out. Take the money and run. Protect the profits.
But Bohen has a sixth sense for spotting medium-term swing trades with HUGE UPSIDE. He famously called out Tesla Inc. (NASDAQ: TSLA) at $63 … BEFORE it went up nearly 2,000%!
He also predicted massive moves in Plug Power Inc. (NASDAQ: PLUG) +2,433%, Novavax, Inc. (NASDAQ: NVAX) +4,431%, and FuelCell Energy Inc. (NASDAQ: FCEL) +9,396%!
Obviously, Bohen has a knack for identifying swing trades with crazy potential. But that’s not a strategy that fits with my style.
I’ll stick to my weekly put options and leave the monster swings for Bohen.
Why Should You Learn from Both of Us?
As an aspiring trader, you should be as selective about your mentors as you are about your setups.
Out of all the educational resources out there, why should you study with me and Bohen?
It’s simple. 90% of traders FAIL! But under Sykes’ guidance, we both evolved into the traders and mentors we are today.
Also, Bohen and I share many of the same core trading values with different approaches and strategies. I think this contrast could be valuable for any trading student.
When you’re learning to trade, you should absorb every strategy you can like a sponge. You never know what will work for you.
I’ve made over $3.5 million trading penny stocks and options, while Bohen’s called out some of the greatest predictions of the past few years.
This isn’t a coincidence. We’ve been doing this for a long time — and we’re determined to teach you how to find success in trading as well.