2-time US Investing Champion ’24&’25 ($1M+ Stock Division) | Position & Swing Trader | YouTube: JLawStock & JLawStock2
Joined March 2020
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Grateful and humbled to become a 2x U.S. Investing Champion in the Million+ (Stock-Only) Division.🏆
These past two years truly felt like a marathon. Once you start running, you can’t stop. And when you get impatient and try to run faster, it doesn’t help—it disrupts your rhythm. Later on, that loss rhythm can turn into a painful collapse.
In many ways, the competition isn’t that different from how I manage my portfolio in normal times—from picking stocks to timing entries and exits. But the biggest difference is this: in a championship setting, you must be more aggressive while making sure the worst case is only a small injury—not a knockout. It’s an extreme mental and strategic challenge.
So in 2026, I’ve decided not to compete. This year, I want to focus on doing two things well:
1) Many people have asked for English trading education. Thanks to my team—and the progress of AI—I’ll be launching an English training program: JLawStock Academy, and also an English YouTube channel (the program will be paid, and the YouTube channel will be free). This will be a major focus for me. PLEASE STAY TUNED!😉
2) I will write a book—starting in Chinese, and hopefully expanding into an English edition later.
Finally, I want to thank a few people:
-My wife, for giving me unwavering emotional support this year.❤️
-The trading legends who selflessly passed down their experience through books and research, shaping generations of traders—including me. Writing my own book is my way of paying it forward.🙏🏻
@markminervini, a two-time USIC champion, for showing me what’s possible. I entered both years with you as my benchmark—think like a champion, trade like a champion. And now, I hope to do the same—so that traders who are still fighting their way forward can also see what’s possible.
@NormZada, for organizing the U.S. Investing Championship @USICOfficial year after year. It’s not only an amazing stage, but also an exceptional training ground for traders to sharpen themselves.
If you’re considering 2026 USIC, I encourage you to join. No matter the final ranking, I believe the process itself can change you.💪🏼 Good luck to everyone competing in 2026.🙌🏻
Congratulations to J Law @JLawStock for finishing first in the million+ division for the second year in a row, + 252.3%.
In my view, what they’re saying can all be valid at a particular point in time. But I wouldn’t blindly apply it across every market environment.
Kelvin Chiu expressed a similar idea in the latest Market Wizards. My takeaway:
Don’t turn a rule that once protected you into dogma that can never be questioned. Rules should evolve with the evidence, your experience, and your ability as a trader.
Take the idea that “when breadth is poor, you should trade less or sit in cash.”
Over the past two weeks, breadth has been weak, but money has simply been concentrated in semis and the tech indexes. If you focused your trades on that seemingly “narrow” part of the market, making money was actually easier. You didn’t need to keep hunting for new stocks or switching from one name to another.
Another example: “Don’t chase extended stocks.”
But if a powerful catalyst is driving the move, the next “setup” might form at a higher price and offer a worse entry than buying while the stock looked extended.
Rules are meant to protect traders, not imprison them. When the market, the amount of capital you’re trading, and your own abilities have changed, continuing to treat old rules as unquestionable dogma can itself become a risk.
@JLawStock how significance of market direction to your trading strategy? M of CANSLIM is market direction but @markminervini always talk abt trade the stock not the index.
Seeing a lot of traders confused by this market breaking to new highs. Breadth is poor, so in their view, the market isn’t worth trading. They’re keeping exposure very low. I think that also helps explain why the Fear & Greed Index is still in “Fear.”
I explained my take on breadth a long time ago. It matters, but for discretionary traders, it isn’t as important as many make it out to be.
And have you considered that the market may have more room to run precisely because so many people are still underinvested?
Here’s my view on the market in a higher-rate environment.
Stock picking is much harder today and I think it will stay that way for quite some time. But that doesn’t mean there are no opportunities.
Higher rates have raised the bar for equities. In the low-rate era, stocks offered a clear relative advantage over Treasuries. Today, with 5- and 10-year Treasury yields around 5%, their P/E-equivalent is roughly 18–20x, close to the S&P 500’s ~19x forward P/E.
That changes the equation.
When investors can earn about 5% in relatively low-risk assets, stocks need stronger earnings growth, cash flow and business resilience to justify the added risk.
That puts smaller and mid-sized companies with weaker financials, less pricing power and narrower moats at a disadvantage. Both earnings and valuations face greater pressure.
If rates stay higher for longer while earnings growth remains concentrated in a handful of sectors, weak market breadth could persist.
That helps explain the widening gap between IWM and QQQ/SPY.
It has also shaped how I’m trading this market.
I caught the Sept. 16 market bottom, but my largest position wasn’t an individual stock. It was $SOXL.
The position reached about $1.6 million in unrealized gains over the next two weeks.
My second-largest position was $TQQQ, which also contributed meaningfully to P&L.
I still own individual stocks, but I’ve become much more selective and kept those positions smaller than my ETF exposure.
So why ETFs? And why stay bullish despite higher yields and weak breadth?
More in the comments.
(I’ll also share my Sept. 16 market analysis and trade records below.)
【🔔🔔🔔Updated links below】
The Circle links I shared earlier were for members with an existing Trader Circle account. If you don’t have one, please use the links below instead.
1. The Market’s Mind Games
tradercircle.jlawstock.com/c…
2. The Real Move?
tradercircle.jlawstock.com/c…
（These are the posts I shared in Trader Circle on Sept. 16 and 17, documenting in real time why I believed we were seeing a bottom in semiconductors and the broader tech market.)
If you’d like to learn more about JLA:
jlawstock.com/jla
One important caveat: Don’t blindly copy this trade.
These are leveraged ETFs. Entry, exit and risk management all matter.
Buying ETF and forgetting about it is very different from what I’m doing; but as I get older—and have more things competing for my time—I’ve come to appreciate something about ETFs that I underestimated before:
They can buy you time and mental freedom.
And ETF investing doesn’t have to mean simply DCA’ing into VOO or QQQM.
My approach combines market regime and direction, trading, portfolio and risk management, and my broader investment philosophy.
There’s much more to unpack than I can cover here.
Most of you followed me for individual-stock trading, so I’m curious: Would you be interested in learning more about how I use ETFs as part of a broader trading and investing system?
If so, let me know.
If enough of you are interested, I may have to build a whole new framework around this.
Okay…so much for my plans to retire early and travel the world. 🤣
I actually shared my thinking behind SOXL and TQQQ around Sept. 16 in Trader Circle, JLA’s private community.
Trader Circle is an internal trading community I built for JLA members.
It’s different from a typical Discord, WhatsApp or Telegram group.
I don’t want endless chat, noise or information overload. The goal is simple: fewer posts, better thinking, higher-quality discussion.
Trader Circle isn’t open to the public, and it isn’t something you can buy separately. It’s an added benefit for JLA members. We also have community guidelines to keep the quality of discussion high.
Below are the posts I shared in Trader Circle on Sept. 16 and 17, documenting in real time why I believed we were seeing a bottom in semiconductors and the broader tech market—and how I was thinking about my entries.
1. The Market’s Mind Games
tradercircle.jlawstock.com/c…
2. The Real Move
tradercircle.jlawstock.com/c…
If you’d like to learn more about JLA:
jlawstock.com/jla
When every step in life has to count as an achievement, and every trade has to be a winner, it becomes hard to ever feel at ease.
We tell ourselves we’ll relax when the account hits a certain number. When the business reaches the next level. When we finally earn the recognition we’ve been chasing.
Then we get there, and somehow it still isn’t enough.
We make money and want more. Hit a target and raise it. Even taking a break starts to feel like falling behind.
The goalposts keep moving. Rarely do we stop to ask what we’re actually chasing.
Life and trading both need direction. But having a goal doesn’t mean your peace of mind has to depend on reaching it.
You can set a return target. You can’t put the market on a deadline to deliver it.
You can plan your life, too. But you don’t get to script every person you meet, every goodbye, or every unexpected turn.
Sometimes, the urgency to get there is exactly what takes you off course.
You force trades you’d normally pass on because you need to make back a loss. You make life choices you never wanted because someone else seems further ahead.
As you mature as a trader, you learn to focus on what’s in front of you.
Take the setup when your edge is there. Cut the trade when you’re wrong. Sit out when there’s nothing to do.
When conditions change, adapt. Stop needing the market to validate your opinion.
The same applies to life.
Keep moving, but stay curious. Leave room for your plans to change. Pay attention to the people around you.
Don’t get so caught up in what’s missing that you stop appreciating what’s already here.
Not every loss comes with a profound lesson. Not every detour is something you’ll look back on with gratitude.
But one bad trade doesn’t define your ability. And a stretch of going nowhere doesn’t make the whole journey worthless.
All you can do is learn what you can, then take the next step with a little more clarity.
Sometimes, progress in trading is the trade you finally learn to pass on.
Sometimes, progress in life is no longer feeling the need to prove yourself to anyone.
You can still have big goals without living in a constant rush to reach them.
Because at the end of it all, how much you made and how far you got are only part of the story.
Who you became along the way matters, too.
So does whether you actually made time to live.
Besides using the M.E.T.A. strategy for entries, I also enter on breakouts when the timing and setup are appropriate. Yes, I bought $SNDK last week because, even with a breakout entry—a method I don’t use often—the setup still offered a 5R risk-to-reward ratio.
$MU $SNDK ~ Market Awareness (follow up)
+ the importance of having your own reasoning process which leads to your decision.
In addition to earlier market awareness update (how does it affect you if any? I would like to know), J. Law @JLawStock elaborated on his reasoning process well in this link (which he makes public) accompanying the technical breakout in $MU and $SNDK:
tradercircle.jlawstock.com/c…
Two things here:
1. Market Awareness
It is not a must for success, but the longer I am in this business, the more I appreciate longer timeframe and fundamentals. The investment thesis is harder to invalidate on longer timeframe, and the invalidation condition on technical chart is also harder to trigger (& sometimes a bit too far from the current price - as one of the cons that comes with every single strategy).
Market Awareness to me is not describing what has happened in the market, but knowing and understanding what's currently happening in the world, and how it might impact on the market, and our investment.
Ultimately you need price to collaborate on the technical charts, but this type of additional awareness/ information is an added advantage when properly dissected and utilised in good hands, as you would know where your focus should be, and if it is wiser to lean bullish or bearish in a grey zone amid the constant confusion and uncertainties, as some of the facts/data are hard facts.
真的假不了，假的真不了。
2. Reasoning > Call Alert
It is never about following call alerts, or copying trade ideas. Every account can post some tickers, entry price and stop level. But think about it, these are actually all very personal. E.g. it doesn't mean I have to follow your picks if it is not within my cognition, it doesn't mean if I get a lower entry price than you it is a bargain/ higher means not doable, it doesn't mean I have to agree with your stops, or your position size ~~ because every trader/ investor is simply different.
I would be particularly interested in following your reasoning behind the trades though - to possibly uncover my blindspots in my own trades and to refine MY process, and if I agree with your overall investment thesis and risk reward perspective on the chart (which again can be different by timeframe, you might be looking at RR 1:3-10 while I am looking at a positive expectancy in 3 months - 12 months).
J. Law's Education Service
(Master Your Trade, or JLA for the English version).
I can't find call alerts which I don't want, but I manage to get market awareness and a close look at how the GOAT thinks and reasons.
Thank you @JLawStock for your years of dedication to educate the public, and I enjoy trading alongside you.
I shared this trade idea in real time in JLA’s Trader Circle.
tradercircle.jlawstock.com/c…
J Law retweeted
A great conversation with @JLawStock and @Clement_Ang17 .
A couple of years back, I remarked to one of our equities traders who was watching a JLaw video: “I never thought that understanding Cantonese could give one an edge trading US stocks.” And its true.
Finishing 1st in consecutive US Investing Championships - and breaking the % return record - is a remarkable achievement, and I’m so proud to see a fellow Hong Konger achieve that whilst also becoming such a strong market educator.
JLaw is thoughtful and very sharp. The most interesting part for me was how we adjust our trading as our lifestyles evolve (ie kids) and AUM grows. We agreed on the answer - ultimately it comes down to reducing your cadence, being more selective (ie raising the standards for trades), and having the courage to really ramp up risk when the rare opportunity arises.
To my right is Kelvin Chiu — the first Hong Kong trader to be featured in the Market Wizards series.
I had the pleasure of meeting him in Singapore today and having lunch together. (Photo posted with Kelvin’s permission. He also knows that I use the J Law avatar on social media.)
If you’ve read the newly released Market Wizards: The Next Generation, you’ll know that Kelvin grew up in Hong Kong, graduated from Cambridge, and went on to work at Goldman Sachs and Vitol, one of the world’s largest energy trading firms. During his proprietary trading years at Vitol, his best year generated $35 million in profits.
After leaving Vitol and trading his own capital, he compounded at 108.7% annually for 7 consecutive years, with a Sharpe Ratio of 2.0. Today, he focuses on his own family office.
So when you sit down with a trader like this, naturally I was ready to pull out my notebook and ask him everything I could about trading and asset management.
Instead, our conversation started with… our kids’ education. 😂
Long story short, here are some of the biggest takeaways I got from both his interview in the book and our lunch conversation today:
@KC_SilverCape @Clement_Ang17
To my right is Kelvin Chiu — the first Hong Kong trader to be featured in the Market Wizards series.
I had the pleasure of meeting him in Singapore today and having lunch together. (Photo posted with Kelvin’s permission. He also knows that I use the J Law avatar on social media.)
If you’ve read the newly released Market Wizards: The Next Generation, you’ll know that Kelvin grew up in Hong Kong, graduated from Cambridge, and went on to work at Goldman Sachs and Vitol, one of the world’s largest energy trading firms. During his proprietary trading years at Vitol, his best year generated $35 million in profits.
After leaving Vitol and trading his own capital, he compounded at 108.7% annually for 7 consecutive years, with a Sharpe Ratio of 2.0. Today, he focuses on his own family office.
So when you sit down with a trader like this, naturally I was ready to pull out my notebook and ask him everything I could about trading and asset management.
Instead, our conversation started with… our kids’ education. 😂
Long story short, here are some of the biggest takeaways I got from both his interview in the book and our lunch conversation today:
@KC_SilverCape @Clement_Ang17
10)
Stop obsessing over low drawdowns and perfect-looking equity curves. Focus instead on maximizing long-term total profits.
A beautifully smooth equity curve with almost no drawdowns does not necessarily represent the best possible outcome.
If achieving that smoothness requires you to sacrifice too many positive-expectancy opportunities, you may simply end up dramatically reducing your total long-term profits.