Trading Recap

Live Trade On A 320% Stock Spike

Timothy SykesAvatar
Written by Timothy Sykes
Reviewed by Jack Kellogg Fact-checked by Ellis Hobbs
Updated 3/3/2025 5 min read

In this article

  • TRNR-7.75%
    TRNR - NASDAQInteractive Strength Inc.
    $1.31-0.11 (-7.75%)
    Volume:  2.91M
    Float:  1.50M
    $1.31Day Low/High$1.74

Every week, my millionaire students and I hold live streams for students while we trade in the market.

Last Friday, Jack Kellogg gave a webinar with upcoming student, Strati. And they shared some amazing gems of knowledge!

First of all, Jack was trading Interactive Strength Inc. (NASDAQ: TRNR) while he was live. Look at a screenshot of the webinar below:

Left: ORGO chart, 1-day candles Right: TRNR chart, 5-minute candles

Here’s a better look at Jack’s position during the live webinar:

TRNR chart multi-day, 5-minute candles Source: StocksToTrade

After Jack’s buy on Friday, the stock spiked to $3.96 on Monday morning!

And Friday wasn’t the first day of volatility … TRNR started to spike on February 26 after the company announced news about a recent acquisition agreement and an updated 2025 revenue of $50 million.

It ran 320%* in total.

In today’s blog, I’ll share how Jack knew to buy shares of TRNR. I’ll also reveal the #1 strategy that Strati is using to make gains right now. He shared this process during Friday’s live webinar …

Check out Strati’s track record below, as of March 4, 2025:

Source

Jack’s Live Trade On TRNR

Jack’s thesis on Friday was to take advantage of a short squeeze that was basing above resistance (now support) from earlier in the week.

Yes, the stock announced bullish news on February 26, but at this low of a share price, it’s still a crappy stock.

And a third-day spike like this on a crap stock is classic short squeeze price action. Especially after the stock spiked and sold off on February 26 and again on the 27.

Jack mentioned in the webinar, short sellers expected the stock to close low again, so they got stubborn on Friday. Their stubbornness caused a higher squeeze.

When the stock started to base above the previous highs, Jack built a position. Take a look at the chart below. Every candle represents five trading minutes:

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

Jack’s next livetrading webinar is this Friday, March 7 from 2:30 P.M. to 4 P.M. Eastern.

Join the Challenge for access to Jack’s livestream!

Strati’s #1 Strategy Right Now

Strati met Jack Kellogg through a mutual friend in 2020. And Jack graciously took Strati under his wing.

Only a few years later, Strati has recorded trading profits of $750k in the market.

Look at the post below for more details:

During the live webinar with Jack last week, Starti shared the basis of his #1 strategy right now.

Strati looks for good daily candles on hot stocks. Stocks that show signs of buying pressure at the end of the day.

His thesis is: A stock that trades well on one day, will offer a buying opportunity the next day.

Strati tries to follow the buyers. His whole goal is to keep things simple.

In the webinar from Friday, he shared examples like:

  • AtlasClear Holdings Inc. (AMEX: ATCH) from February 25 to February 26.
  • PepGen Inc. (NASDAQ: PEPG) from February 27 to February 28.

Strati’s trade process is perfect for small-account traders who want to keep trading simple.

He uses the same framework as Jack, myself, and the rest of my millionaire students. But his trade process is somewhat less involved when compared to larger traders like Jack.

Interested in a simpler process for trading these stock spikes?

Access Jack’s live webinar from February 28 to learn Starti’s full strategy!

And get ready for Jack’s next livetrading webinar this Friday, March 7 from 2:30 P.M. to 4 P.M. Eastern.

There are new trade opportunities every week! Stop sitting on the sidelines.

Cheers.

*Past performance does not indicate future results


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Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity.
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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”

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