Ladies and gentlemen, Jack Kellogg is on fire in 2024!
And he’s teaching other traders how to follow these patterns …
The 2022 market, and even most of the 2023 market, was slow. But the volatility is back in 2024. And one of my most successful students, Jack, is nailing trades left and right.
Take a look at one of his most recent trades below…
Thanks for the detailed trade assessment, Jack … lol.
Don’t worry, we’ll explore Jack’s trade on FSD Pharma Inc. (NASDAQ: HUGE) in this blog post to help shine a light on the process that we use.
This is where Jack posts all of his upcoming trade plans.
Also, you might have noticed that Jack was trading with almost $1 million …
You don’t need $1 million to start trading!
Jack started with a small account, like most of my students. And he still trades the same kinds of stocks that he did when he first started to profit.
This process is scalable!
For example, the stock that Jack traded recently, HUGE, it never spiked above $0.50 … You could start trading with $10 if that’s all you’ve got.
That’s the key. Start small and scale up as you gain consistency.
Here’s how Jack and I are trading right now …
Process For Profits
I snagged a profit on HUGE as well.
You’ll notice that my position sizes aren’t anything close to Jack’s. I still trade with a decently small account to help show my students the process.
Take a look at my trade notes below …
Actually … in some ways my trade was better than Jack’s.
He grabbed 7% from HUGE. I took 11%.
But it’s not a contest! I’m just trying to illustrate a point: It doesn’t matter how much money you start with. What matters is whether or not you understand the process.
Jack and I (and the rest of my millionaire students) trade with the exact same process over and over again.
“But Tim, if it’s the same process, why do you have different outcomes?”
We’re not trading side by side. And even though we use the same patterns on the same stocks, every trader is a little different when it comes to things like …
- Their preferred entry.
- Their position size.
- Their tolerance for risk.
Also, there are often multiple opportunities to profit on a stock that’s following our overall framework. Whether a trader decides to capitalize more than once is up to them …
For example, yesterday, I traded Serve Robotics Inc. (NASDAQ: SERV) three different times.
These stocks can behave predictably because people are predictable during periods of high stress.
Like when they have a few thousand dollars in a stock that’s spiking +100%.
As traders, it’s our job to take a step back from the emotions of the market to recognize the larger framework.
This is the entire framework that Jack and I use to trade.
A Trick For New Students
The spike on HUGE was a textbook runner for us …
- Low priced stock.
- Spiking with news (it ran 300%* in total on August 9).
- High trading volume (hundreds of millions of shares).
But finding these stocks and trading them are two different things.
Take a look at the HUGE price action below from August 9 …
A lot of new students get confused when they try to apply our patterns to the hottest stocks in the market. Because every spiker is a little unique, like a snowflake.
Over time, a trader gains experience and learns how to recognize these patterns and setups. But again, in the beginning it can be confusing and frustrating.
That’s why I was so excited to unveil my AI trading bot earlier this year. XGPT scans the hottest stocks using our exact trading framework.
A trader can …
- Wait for the afternoon AI watchlist with trade plans.
Or
- Enter their favorite ticker into XGPT at any time and it will spit out a trade analysis as if they asked me directly.
You don’t need to wander around in the dark anymore!
>> Use XGPT’s AI to shine a light on the market’s most profitable setups <<
There will be more trade opportunities this week!
Cheers.
*Past performance does not indicate future results
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