1. The higher the average day range is, the more volatile the stock is, the more likely it will have a big move.

2. It's okay to aggressively short and hold some of these plays that have proven in the past that they cannot hold their spikes.

3. Sympathy plays always tend to go back right to where they came from after their move.

4. Focus on excellent risk/reward by dip buying at key levels.

5. When a stock gaps up and spikes, look to dip buy, do not chase.

6. When a morning spike fails, you should not be tempted to buy a stock.

7. Promotions are good plays because they generate large volume, which makes possible taking size, and easily getting in and out.

8. When a stock pick is announced over the weekend, and you're watching it gap up premarket, it is best to go in with large blocks of shares.

9. Try to get in the sell order as momentum is shifting, but before the stock gets weak. Use Level 2 action - see where the stock is turning.

10. Doesn't matter how great a chart looks, if there's no volume, don't bother.

11. It's very rare for a breakout level to hold perfectly. So don't let that dip scare you too much if it's all according to your risk/reward plan.

12. Pay yourself into spikes, you don't want to be freaking out into weakness.

13. You don't want to buy into the story and become a sucker for the company.

14. Focus on low float winner, aim for morning spikes, don't chase if the morning spike fails, cut losses.

15. A dip with a higher low is a possible buy.

16. Be patient as long as your risk level holds. But don't cross the line between patience and stubbornness.

17. As your long play is up trending, you can move your risk level up a little considering the pull backs along the way.

18. If you've missed the breakout, it doesn't mean that the play is necessarily over.

19. When a stock that was up all day and was holding above its breakout level, has shown some strength into the close, you can buy it.

20. When you're adding to your long position on the dip, be sure not to chase into weakness, as the stock is going down.

21. Once a long starts speeding up, you should consider taking some shares off. Because the pull back after this run up can be just as fast and meaningful.

22. As your long is near the day high, and the ask starts stacking up, put in your sell orders to take gains.

23. Stick to the earlier part of the move. As a stock breaks out midday, loo at how far this breakout level is from the initial breakout level, so that you don't get caught.

24. When you've missed a good entry, either on breakout or on the dip, move on to the next stock, rather than sacrificing a good risk/reward and feeling uncomfortable during the whole trade.