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How Jack Kellogg Crossed $14 Million!

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Written by Timothy Sykes Reviewed by Jack Kellogg Fact-checked by Ellis Hobbs
Updated 12/12/2024 5 min read
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It’s Tim Sykes here.

This 2024 market is red hot!

We’re STILL trading near all-time highs after an intense year of bullish momentum …

Take a look at the S&P 500 ETF Trust (NYSE: SPY) below, every candle represents one trading day:

SPY chart multi-month, 1-day candles Source: StocksToTrade

All of this volatility creates huge opportunities for my students and I to profit off of stock that are spiking higher.

Take a look at my post on X below:

I’m so proud of all my up-and-coming students. But we have to take a moment to congratulate Jack Kellogg …

Jack is one of my most successful students. And he just passed $14 million in career profits (including losses)!

His profit chart is below:

Source: Profit.ly

Notice that the profit graph is turning vertical right now … This market is insane! There are profit opportunities all over the place.

In honor of Jack crossing this momentous milestone, let’s take a look at how he does it.

The Right Stocks

jack kellogg and tim sykes
© Millionaire Media, LLC

Jack and I aren’t geniuses.

We just know which stocks to trade and how to trade them.

For example, on Tuesday this week, we got a trade alert for Cardio Diagnostics Holdings Inc. (NASDAQ: CDIO).

The stock was already on a multi-day run and it fit our framework of what a hot stock should look like:

  • Low float: A low supply of shares helps the price spike higher when demand increases. StocksToTrade shows that CDIO has 16 million shares in the float. That’s decently close to our goal of 10 million shares or fewer.
  • Hot sector: CDIO is a biotech stock. And biotechs are hot right now.
  • With news: On December 4, the stock received a notification that detailed it was at risk of delisting from the Nasdaq because it was trading under the minimum share-price requirement of $1. It’s spiking to try and save itself from delisting.

My AI trading bot knows exactly which stocks to watch. And how to trade them!

Take a look at the alert we got for CDIO this week:

CDIO chart multi-day, 1-minute candles Source: StocksToTrade

Get the next AI trade alert!

There are a lot of stocks that spike like this. We see new runners every week. Gaxos.ai Inc. (NASDAQ: GXAI) is another example.

Our trade patterns mean nothing if we’re watching the wrong stocks.

The first step is to find the stock. Then …

The Patterns We Use

jack kellogg and sykes in italy
© Millionaire Media, LLC

Jack and I might trade different stocks at different times, but we’re using the same patterns.

All of my millionaire students use these patterns …

Volatile stocks like to follow a specific framework because people are predictable during times of high stress.

People have always behaved similarly when they’re stressed. And that probably won’t change … ever.

This is the entire framework.

Want to see Jack scan the market using this framework??

I recorded a LIVE trading webinar that Jack gave for Challenge students, and I posted it on YouTube!

Watch the G.O.A.T. trade LIVE in the video below:

 

This isn’t rocket science, you just need to gain enough experience and put in the work to recognize these patterns in real time.

Find the right stocks. Trade the right patterns.

It’s a perfect one-two punch!

Cheers.

 

*Past performance does not indicate future results

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”