🌵 Michael Marcus One of the greatest traders of all time He turned $30,000 into $80 million He even mentored a taxi driver who later founded a $14 billion hedge fund 5 simple principles he uses to beat 99% of the market: 🧵

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In 1972, Marcus started with a borrowed $7000. It was the early '70s when the big bull market in commodities was just beginning. Prices soared (see chart below). He was betting heavily on a grain blight and lost it. But instead of giving up, he went to work as a commodity analyst. That's when everything changed......

He met the legendary Ed Sekota, the father of rule-based trading. Sekota taught him to trade with the system. What happened next?

Ten years later, Marcus turned $30,000 into $80 million. It depends on sticking to a simple set of rules that can make money in any market. He was featured in Jack Schwagger's book "The Weirdos of Finance" and shared his core insights. Here are his 5 classic rules:

1. Triple Affirmation Without these three agreeing, Marcus will never enter the game: - Fundamentals signal an imbalance between supply and demand - Charts confirm price movements - Market psychology supports this direction